| Product Code: ETC4576390 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The United Kingdom (UK) Automotive Steering System Market is a dynamic sector driven by technological advancements and increasing consumer demand for safety and comfort features in vehicles. The market is characterized by a mix of traditional hydraulic steering systems and emerging electric power steering technologies, with a growing trend towards the latter due to its efficiency and environmentally friendly aspects. Key players in the UK automotive steering system market include ZF Friedrichshafen AG, Robert Bosch GmbH, and JTEKT Corporation, among others. Factors such as stringent regulations for vehicle safety, rising focus on autonomous driving technology, and the shift towards electric vehicles are expected to further propel market growth. The UK automotive steering system market is anticipated to witness steady growth in the coming years, driven by innovation and evolving consumer preferences.
The UK Automotive Steering System Market is witnessing a shift towards electric power steering systems due to their efficiency and environmental benefits. Advancements in technology, such as the integration of sensors and control modules, are enhancing the performance and safety features of steering systems. The increasing demand for autonomous vehicles is also driving the development of advanced steering technologies. Furthermore, the focus on reducing vehicle emissions and improving fuel efficiency is creating opportunities for the integration of electric and hybrid steering systems in the market. Collaborations between automotive manufacturers and technology companies to develop innovative steering solutions are expected to drive growth in the UK Automotive Steering System Market.
In the United Kingdom Automotive Steering System Market, some key challenges include increasing competition from global players, rapid technological advancements requiring continuous innovation, and the need to meet stringent environmental regulations. The UK automotive industry faces pressure to develop steering systems that are not only more efficient and durable but also environmentally friendly. Additionally, fluctuations in raw material prices and uncertainties related to Brexit can impact supply chains and production costs. Market players need to invest in research and development to stay competitive and address changing consumer preferences for advanced features such as autonomous driving capabilities. Overall, navigating these challenges requires strategic planning, investment in sustainable practices, and a focus on delivering high-quality steering systems that meet evolving market demands.
The United Kingdom Automotive Steering System Market is primarily driven by factors such as increasing demand for advanced driver assistance systems (ADAS) in vehicles, growing emphasis on vehicle safety and control, technological advancements in steering systems, and the rising production and sales of automobiles in the region. The adoption of electric power steering (EPS) systems due to their efficiency and fuel-saving benefits is also contributing to market growth. Additionally, stringent government regulations pertaining to vehicle safety standards and the integration of steering systems with autonomous driving technologies are further propelling the market forward. As consumer preferences shift towards more comfortable and convenient driving experiences, the demand for innovative steering systems with features like adaptive steering and lane-keeping assist is expected to continue driving market expansion in the UK automotive sector.
In the United Kingdom, the automotive steering system market is influenced by government policies aimed at promoting sustainability and innovation in the automotive industry. The UK government has set ambitious targets to reduce carbon emissions, leading to a growing focus on electric and hybrid vehicles. Initiatives such as grants for electric vehicle purchases and investments in charging infrastructure are driving the adoption of eco-friendly steering systems in the market. Additionally, regulations promoting road safety and vehicle efficiency are shaping the design and development of steering systems in the UK automotive sector. Manufacturers in the UK are encouraged to invest in research and development to meet these standards, leading to a competitive market environment focused on technological advancements and environmental sustainability.
The future outlook for the United Kingdom (UK) Automotive Steering System Market looks promising, driven by factors such as technological advancements, increasing demand for electric vehicles, and the growing emphasis on advanced driver assistance systems (ADAS). The market is expected to witness steady growth as automotive manufacturers focus on developing innovative steering systems to enhance vehicle safety, performance, and efficiency. Additionally, the shift towards self-driving and autonomous vehicles is likely to create new opportunities for steering system manufacturers. However, challenges such as supply chain disruptions, regulatory changes, and intense competition may impact the market`s growth trajectory. Overall, the UK Automotive Steering System Market is poised for expansion in the coming years, fueled by evolving consumer preferences and industry trends.
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 United Kingdom (UK) Automotive Steering System Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Automotive Steering System Market - Industry Life Cycle |
3.4 United Kingdom (UK) Automotive Steering System Market - Porter's Five Forces |
3.5 United Kingdom (UK) Automotive Steering System Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 United Kingdom (UK) Automotive Steering System Market Revenues & Volume Share, By EPS Type, 2021 & 2031F |
3.7 United Kingdom (UK) Automotive Steering System Market Revenues & Volume Share, By Pinion, 2021 & 2031F |
3.8 United Kingdom (UK) Automotive Steering System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 United Kingdom (UK) Automotive Steering System Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 United Kingdom (UK) Automotive Steering System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in the UK |
4.2.2 Technological advancements in automotive steering systems |
4.2.3 Growing focus on vehicle safety and driver assistance features |
4.3 Market Restraints |
4.3.1 High initial cost of advanced steering system technologies |
4.3.2 Uncertainty related to Brexit and its impact on the automotive industry in the UK |
5 United Kingdom (UK) Automotive Steering System Market Trends |
6 United Kingdom (UK) Automotive Steering System Market, By Types |
6.1 United Kingdom (UK) Automotive Steering System Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By HPS, 2021 - 2031F |
6.1.4 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By EHPS, 2021 - 2031F |
6.1.5 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By EPS, 2021 - 2031F |
6.2 United Kingdom (UK) Automotive Steering System Market, By EPS Type |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By R-EPS, 2021 - 2031F |
6.2.3 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By C-EPS, 2021 - 2031F |
6.2.4 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By P-EPS, 2021 - 2031F |
6.3 United Kingdom (UK) Automotive Steering System Market, By Pinion |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Single, 2021 - 2031F |
6.3.3 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Dual, 2021 - 2031F |
6.4 United Kingdom (UK) Automotive Steering System Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Electric Power Steering (EPS), 2021 - 2031F |
6.4.3 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Hydraulic Power Steering (HPS), 2021 - 2031F |
6.4.4 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Electro-Hydraulic Power Steering (EHPS), 2021 - 2031F |
6.4.5 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Manual Steering, 2021 - 2031F |
6.5 United Kingdom (UK) Automotive Steering System Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.5.3 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.5.4 United Kingdom (UK) Automotive Steering System Market Revenues & Volume, By Heavy Commercial Vehicles, 2021 - 2031F |
7 United Kingdom (UK) Automotive Steering System Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Automotive Steering System Market Export to Major Countries |
7.2 United Kingdom (UK) Automotive Steering System Market Imports from Major Countries |
8 United Kingdom (UK) Automotive Steering System Market Key Performance Indicators |
8.1 Average age of vehicles on the road in the UK |
8.2 Number of new vehicle registrations with advanced steering systems |
8.3 Adoption rate of electric vehicles in the UK |
9 United Kingdom (UK) Automotive Steering System Market - Opportunity Assessment |
9.1 United Kingdom (UK) Automotive Steering System Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 United Kingdom (UK) Automotive Steering System Market Opportunity Assessment, By EPS Type, 2021 & 2031F |
9.3 United Kingdom (UK) Automotive Steering System Market Opportunity Assessment, By Pinion, 2021 & 2031F |
9.4 United Kingdom (UK) Automotive Steering System Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 United Kingdom (UK) Automotive Steering System Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 United Kingdom (UK) Automotive Steering System Market - Competitive Landscape |
10.1 United Kingdom (UK) Automotive Steering System Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Automotive Steering System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |