| Product Code: ETC10731115 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Sweden`s import market for active power steering in 2024 was dominated by shipments from Hungary, Germany, Metropolitan France, Romania, and Czechia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 5.86%, with a notable growth rate of 6.09% from 2023 to 2024. These figures suggest a steady increase in demand for active power steering technology in Sweden, driven by imports from key European suppliers.
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 Sweden Active Power Steering Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Active Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Active Power Steering Market - Industry Life Cycle |
3.4 Sweden Active Power Steering Market - Porter's Five Forces |
3.5 Sweden Active Power Steering Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.6 Sweden Active Power Steering Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Sweden Active Power Steering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles with advanced safety features |
4.2.2 Focus on improving driving experience and comfort |
4.2.3 Growing adoption of electric vehicles in Sweden |
4.3 Market Restraints |
4.3.1 High upfront cost associated with active power steering systems |
4.3.2 Limited availability of skilled technicians for installation and maintenance |
5 Sweden Active Power Steering Market Trends |
6 Sweden Active Power Steering Market, By Types |
6.1 Sweden Active Power Steering Market, By System Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Active Power Steering Market Revenues & Volume, By System Type, 2021 - 2031F |
6.1.3 Sweden Active Power Steering Market Revenues & Volume, By Hydraulic Power Steering, 2021 - 2031F |
6.1.4 Sweden Active Power Steering Market Revenues & Volume, By Electric Power Steering, 2021 - 2031F |
6.1.5 Sweden Active Power Steering Market Revenues & Volume, By Electro-Hydraulic Power Steering, 2021 - 2031F |
6.2 Sweden Active Power Steering Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Sweden Active Power Steering Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.2.3 Sweden Active Power Steering Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.2.4 Sweden Active Power Steering Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.2.5 Sweden Active Power Steering Market Revenues & Volume, By Hybrid Vehicles, 2021 - 2031F |
7 Sweden Active Power Steering Market Import-Export Trade Statistics |
7.1 Sweden Active Power Steering Market Export to Major Countries |
7.2 Sweden Active Power Steering Market Imports from Major Countries |
8 Sweden Active Power Steering Market Key Performance Indicators |
8.1 Average age of vehicles in Sweden equipped with active power steering systems |
8.2 Number of new vehicle models in Sweden offering active power steering as a standard feature |
8.3 Percentage of vehicles in Sweden opting for active power steering as an aftermarket upgrade |
9 Sweden Active Power Steering Market - Opportunity Assessment |
9.1 Sweden Active Power Steering Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.2 Sweden Active Power Steering Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Sweden Active Power Steering Market - Competitive Landscape |
10.1 Sweden Active Power Steering Market Revenue Share, By Companies, 2024 |
10.2 Sweden Active Power Steering Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
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