Steering Column Cowl Market outlook 2026: Up-To-Date Statistics, Development Areas and Emerging Opportunities, Worldwide

Steering column cowl is a device used to connect steering wheel with the steering system in a vehicle. It is located at the below of the steering wheel and helps to control the entire steering mechanism.It is the key part of the steering columns which is intended for connecting the steering wheel to the steering mechanism.The device consists of a column shroud, steering angle sensor, multifunction switch, power tilt and a trim cover. It helps in increasing the safety of the vehicle as it offers solid grip control. The steering cowl also absorbs crash impact energy, reduce mass and insert mould for more strength. There are two types of steering column cowl available in the market including upper steer column cowl and lower steel column cowl.

The market for steering column cowl is expected to grow at a significant CAGR during the forecast period. Increasing production of vehicle has driven the growth of steering column cowl market.

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STEERING COLUMN COWLS MARKET SEGMENTATION:

By Type

Upper Steering Column Cowl
Lower Steering Column Cowl
By Sales Channel:

OEM
Aftermarket
By Application:

Passenger Cars
Light Commercial Vehicles (LCV)
Heavy Commercial Vehicles (HCV)
By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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REGIONAL INSIGHT:

North America is likely to be the most profitable region during the forecast period. This is due to the presence of largest automotive market such as U.S. and Canada. Also, development in automotive infrastructure and adoption of advanced technologies for vehicles fuels the growth of steering column cowls market in this region.Europe holds the second largest share of the steering column cowl market owing to the increasing adoption of fuel-efficient vehicle with an effective steering system.

Asia Pacific steering column market is expected to grow rapidly during the forecast period. This is attributed to the factors such as growing demand of vehicles due to rising disposable income and presence of developing economy such as China, India and Japan in this region. In addition, development of cost-effective steering wheel system by OEM’s and growing adoption of these technologies is also expected to boost the growth of the market in this region. India is the largest consumer of steering column cowl in this region. At present more than 30% passenger car in India are running with steering column technology.

Moreover, Middle East & Africa is anticipated to experience low to moderate growth rate during the forecast period. However, Latin America is expected to grow at slower growth rate over the upcoming years.

FEW KEY PLAYERS IN STEERING COLUMN COWLS MARKET:

SC Parts Group Ltd.
DS Smith
Moss Motors, Ltd.
Brown and Gammons
ALLON WHITE SPORTS CARS
Jaguar Land Rover
TVR PARTS LTD.
Others
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This release was published on openPR.