Market Forecast By Technology (HPS, EHPS, EPS), By EPS Type (R-EPS, C-EPS, P-EPS), By Pinion (Single, Dual), By Type (Electric Power Steering (EPS), Hydraulic Power Steering (HPS), Electro-Hydraulic Power Steering (EHPS), Manual Steering), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) And Competitive Landscape
Product Code: ETC4576396 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Poland Automotive Steering System Market report thoroughly covers the market by technology, by Pinion, by type, by vehicle type and by competitive Landscape. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The automotive steering system market in Poland exhibits a dynamic landscape driven by a combination of factors influencing the automotive industry's evolution within the country. With Poland emerging as a significant player in the European automotive manufacturing sector, the demand for advanced steering systems has witnessed substantial growth. Additionally, underscores the importance of steering systems in ensuring vehicle safety, performance, and manoeuvrability.
The adoption of electric power steering (EPS) systems has gained momentum, reflecting the broader industry trend towards energy efficiency and sustainability. Additionally, the integration of advanced driver assistance systems (ADAS) has become a focal point, contributing to the overall enhancement of vehicle safety and driving experience. As Poland continues to attract investments in automotive manufacturing and technology, the automotive steering system market is poised for continued expansion, offering opportunities for both domestic and international stakeholders in the evolving automotive landscape of the country. However, the Poland automotive steering system industry faces several challenges that impact its growth and development.
One significant challenge is the increasing complexity and cost associated with the integration of advanced technologies such as steer-by-wire and autonomous driving features. This poses a hurdle for manufacturers striving to balance innovation with cost-effectiveness. Additionally, the industry contends with the need to comply with stringent safety regulations and standards, particularly as steering systems become more sophisticated. Economic uncertainties and fluctuating consumer demand also present challenges for market players, requiring strategic planning and adaptability.
According to 6Wresearch, Poland's Automotive Steering System market size is projected to grow at a CAGR of 13.8% during 2025-2031. The growth of the automotive steering system market in Poland is underpinned by several key drivers that collectively contribute to its expansion and evolution. A primary factor driving growth is the thriving automotive manufacturing sector in the country, attracting investments and fostering demand for advanced steering technologies. Moreover, increasing consumer preference for vehicles equipped with advanced driver assistance systems (ADAS) and semi-autonomous features is propelling the adoption of sophisticated steering systems.
Furthermore, the rising production and sales of electric vehicles contribute to the growth, with electric power steering (EPS) systems becoming integral in the pursuit of energy efficiency. As Poland positions itself as a hub for automotive innovation, these growth drivers, coupled with the industry's emphasis on safety and technology integration, are poised to sustain the upward trajectory of the automotive steering system market in the country.
Government initiatives in Poland play a pivotal role in steering the automotive industry toward sustainable growth and technological advancement. The country's commitment to fostering a robust automotive sector is evident through supportive policies and incentives. Government initiatives aimed at reducing emissions and promoting environmental sustainability align with the automotive steering system market's evolution, particularly in the context of electric vehicles.
Furthermore, these plans have upturned the Poland Automotive Steering System Market Share. Additionally, investments in research and development, often supported by public funds, encourage innovation in steering technologies, including advancements in autonomous driving capabilities and safety features. Collaborative efforts between the government and industry stakeholders also contribute to the development of standards and regulations that ensure the safety and reliability of steering systems in vehicles produced and used in Poland. As the government continues to prioritize the automotive sector as a key economic driver, these initiatives provide a conducive environment for the growth and advancement of the automotive steering system market in Poland.
The automotive steering system market in Poland features the active participation of key players that significantly contribute to the sector's development and innovation. Prominent companies such as ZF Friedrichshafen AG, Nexteer Automotive, and TRW Automotive operate at the forefront of steering system technologies. Additionally, some of the companies conquer substantial Poland Automotive Steering System Market Revenues.
Also, ZF Friedrichshafen AG, a global leader, specializes in automotive systems and technology solutions, providing advanced steering systems known for their precision and performance. Nexteer Automotive, with its focus on steering and driveline solutions, contributes cutting-edge technologies to meet the evolving demands of the automotive industry. TRW Automotive, a subsidiary of ZF Friedrichshafen AG, is recognized for its expertise in safety systems and steering solutions, playing a pivotal role in shaping the safety and performance standards of steering systems in Poland. These key players, through their technological innovations and market influence, play a crucial role in driving the growth and competitiveness of the automotive steering system market in Poland.
According to Ravi Bhandari, Research Head, 6Wresearch, there are different types of steering systems prevalent in the industry, such as Hydraulic Power Steering (HPS), Electric Hydraulic Power Steering (EHPS), Electric Power Steering (EPS), Rack Electric Power Steering (R-EPS), and Column Electric Power Steering (C-EPS). Additionally, Hydraulic Power Steering (HPS) was the standard steering system in vehicles until a few years back.
It is a hydraulic-assist system powered by an engine-driven pump that increases driver comfort, and steering power, and reduces the effort required to turn the wheel. However, it is becoming less prevalent than before due to the significant levels of energy consumption caused by the engine-driven pump. Moreover, as a more energy-efficient alternative to HPS, Electric Power Steering (EPS) is gaining widespread adoption in the industry. It is a fully electronic steering system that utilizes sensors, a motor, and a control module to deliver smooth and precise steering inputs. EPS consumes less power than HPS as it eliminates the need for a hydraulic pump. This technology is responsible for enhanced driving experience by providing improved handling, better fuel efficiency, and manoeuvrability.
Passenger cars constitute the dominant market in the automotive steering system segment in Poland. A significant share of this segment is held by vehicles equipped with electronic power steering (EPS) systems. Further, another growing segment in Poland's automotive steering system market is light commercial vehicles (LCVs). This segment includes vans, trucks, and other utility vehicles that require a robust and reliable steering system to operate efficiently in demanding environments. Hydraulic power steering (HPS) and electro-hydraulic power steering (EHPS) systems are common in LCVs and contribute significantly to the growth of the market.
The Poland automotive steering system market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Poland Automotive Steering System Market Overview |
3.1 Poland Country Macro Economic Indicators |
3.2 Poland Automotive Steering System Market Revenues & Volume, 2021 & 2031F |
3.3 Poland Automotive Steering System Market - Industry Life Cycle |
3.4 Poland Automotive Steering System Market - Porter's Five Forces |
3.5 Poland Automotive Steering System Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Poland Automotive Steering System Market Revenues & Volume Share, By EPS Type, 2021 & 2031F |
3.7 Poland Automotive Steering System Market Revenues & Volume Share, By Pinion, 2021 & 2031F |
3.8 Poland Automotive Steering System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Poland Automotive Steering System Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Poland Automotive Steering System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Poland Automotive Steering System Market Trends |
6 Poland Automotive Steering System Market, By Types |
6.1 Poland Automotive Steering System Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Poland Automotive Steering System Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 Poland Automotive Steering System Market Revenues & Volume, By HPS, 2021 - 2031F |
6.1.4 Poland Automotive Steering System Market Revenues & Volume, By EHPS, 2021 - 2031F |
6.1.5 Poland Automotive Steering System Market Revenues & Volume, By EPS, 2021 - 2031F |
6.2 Poland Automotive Steering System Market, By EPS Type |
6.2.1 Overview and Analysis |
6.2.2 Poland Automotive Steering System Market Revenues & Volume, By R-EPS, 2021 - 2031F |
6.2.3 Poland Automotive Steering System Market Revenues & Volume, By C-EPS, 2021 - 2031F |
6.2.4 Poland Automotive Steering System Market Revenues & Volume, By P-EPS, 2021 - 2031F |
6.3 Poland Automotive Steering System Market, By Pinion |
6.3.1 Overview and Analysis |
6.3.2 Poland Automotive Steering System Market Revenues & Volume, By Single, 2021 - 2031F |
6.3.3 Poland Automotive Steering System Market Revenues & Volume, By Dual, 2021 - 2031F |
6.4 Poland Automotive Steering System Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Poland Automotive Steering System Market Revenues & Volume, By Electric Power Steering (EPS), 2021 - 2031F |
6.4.3 Poland Automotive Steering System Market Revenues & Volume, By Hydraulic Power Steering (HPS), 2021 - 2031F |
6.4.4 Poland Automotive Steering System Market Revenues & Volume, By Electro-Hydraulic Power Steering (EHPS), 2021 - 2031F |
6.4.5 Poland Automotive Steering System Market Revenues & Volume, By Manual Steering, 2021 - 2031F |
6.5 Poland Automotive Steering System Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Poland Automotive Steering System Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.5.3 Poland Automotive Steering System Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.5.4 Poland Automotive Steering System Market Revenues & Volume, By Heavy Commercial Vehicles, 2021 - 2031F |
7 Poland Automotive Steering System Market Import-Export Trade Statistics |
7.1 Poland Automotive Steering System Market Export to Major Countries |
7.2 Poland Automotive Steering System Market Imports from Major Countries |
8 Poland Automotive Steering System Market Key Performance Indicators |
9 Poland Automotive Steering System Market - Opportunity Assessment |
9.1 Poland Automotive Steering System Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Poland Automotive Steering System Market Opportunity Assessment, By EPS Type, 2021 & 2031F |
9.3 Poland Automotive Steering System Market Opportunity Assessment, By Pinion, 2021 & 2031F |
9.4 Poland Automotive Steering System Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Poland Automotive Steering System Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Poland Automotive Steering System Market - Competitive Landscape |
10.1 Poland Automotive Steering System Market Revenue Share, By Companies, 2024 |
10.2 Poland Automotive Steering System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |