Passenger Car Intelligent Steering Market Projected at US$32.78 Billion with 8.9% CAGR by 2031 | JTEKT, Bosch, Nexteer

Market Introduction: -

QY Research has recently published a research report titled, "Global Passenger Car Intelligent Steering Market Report, History and Forecast 2025-2031, Breakdown Data by Companies, Key Regions, Types and Application" assessing various factors impacting its trajectory. The global Passenger Car Intelligent Steering market report offers a high-quality, accurate, and comprehensive research study to equip players with valuable insights for making strategic business choices. The research analysts have provided deep segmental analysis of the global Passenger Car Intelligent Steering market on the basis of type, application, and geography. The vendor landscape is also shed light upon to inform readers about future changes in the market competition. As part of competitive analysis, the report includes detailed company profiling of top players of the global Passenger Car Intelligent Steering market. Players can also use the value chain analysis and Porter's Five Forces analysis offered in the report for strengthening their position in the global Passenger Car Intelligent Steering market.

The global market for Passenger Car Intelligent Steering was estimated to be worth US$ 18.16 billion in 2024 and is forecast to a readjusted size of US$ 32.78 billion by 2031 with a CAGR of 8.9% during the forecast period 2025-2031.

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The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Passenger Car Intelligent Steering cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Passenger car intelligent steering refers to an advanced steering system used in automobiles that incorporates various technologies to enhance the steering performance, safety, and overall driving experience for passengers. These systems often feature electronic power steering (EPS) technology, sensors, and control units that can adapt to different driving conditions. Intelligent steering systems can offer features like adaptive steering assistance, lane-keeping assistance, and even automated steering in certain situations, contributing to improved vehicle control and safety.

Leading players of the global Passenger Car Intelligent Steering market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global Passenger Car Intelligent Steering market. Furthermore, the report offers two separate market forecasts - one for the production side and another for the consumption side of the global Passenger Car Intelligent Steering market. It also provides useful recommendations for new as well as established players of the global Passenger Car Intelligent Steering market.

Featured Companies: -

JTEKT
Bosch
Nexteer
ZF
NSK
Hitachi Astemo
Hyundai Mobis
Thyssenkrupp
Mando
CAAS
Zhuzhou Elite
Yubei
Zhejiang Shibao
Bethel Automotive Safety Systems

Market Drivers:-

The market for passenger car intelligent steering is gaining momentum as automakers continue to adopt more advanced technologies to improve vehicle safety, control, and user experience. With increasing consumer expectations for smoother handling, better fuel efficiency, and integration with driver-assist features, intelligent steering systems are becoming a standard or optional feature in many mid-range and high-end passenger vehicles. The growing deployment of ADAS and autonomous driving capabilities, such as lane centering and traffic jam assist, relies heavily on responsive and adaptive steering systems.

In particular, steer-by-wire technology is attracting attention due to its potential to replace mechanical linkages, reduce weight, and offer greater design flexibility. As the industry shifts toward electrification and digitalization, intelligent steering in passenger cars plays a central role in shaping next-generation driving experiences. Moreover, regional regulatory pressures regarding safety and vehicle control are pushing manufacturers to accelerate the adoption of intelligent steering technologies across global markets.

Market Trends:

Passenger Car Intelligent Steering The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Passenger Car Intelligent Steering products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Passenger Car Intelligent Steering chemical and material products and the establishment Passenger Car Intelligent Steering of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.

Detailed of Passenger Car Intelligent Steering Market Segmentation: -

Segmentation By Type :-

Electronic Power Steering (EPS)
Steer-by-wire (SBW)

Segmentation By Application : -

SUV
Sedan
Other

Passenger Car Intelligent Steering Market Regional Insights -

United States

-Canada
-Mexico
-Brazil

APAC

-Japan
-South Korea
-China
-ASEAN
-India

EMEA

-Europe
-Middle East
-Africa

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How Can the Research Study Help your Business?

(1) The information presented in the Passenger Car Intelligent Steering report helps your decision makers to become prudent and make the best business choices.

(2) The report enables you to see the future of the global Passenger Car Intelligent Steering market and accordingly take decisions that will be in the best interest of your business.

(3) It offers you a forward-looking perspective of the global Passenger Car Intelligent Steering market drivers and how you can secure significant market gains in the near future.

(4) It provides SWOT analysis of the global Passenger Car Intelligent Steering market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.

(5) It also assesses the changing competitive dynamics of the global Passenger Car Intelligent Steering market using pin-point evaluation.

This Passenger Car Intelligent Steering Market Research Report Contains Answers to your following Questions -

(A) Which Manufacturing Technology is Used for Passenger Car Intelligent Steering? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?

(B) Who Are the Global Key Players in This Passenger Car Intelligent Steering Market? What's Their Company Profile, Their Product Information, and Contact Information?

(C) What Was Global Market Status of Passenger Car Intelligent Steering Market? What Was Capacity, Production Value, Cost and PROFIT of Passenger Car Intelligent Steering Market?

(D) What Is Current Market Status of Passenger Car Intelligent Steering Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Passenger Car Intelligent Steering Market by Taking Applications and Types in Consideration?

(E) What Are Projections of Global Passenger Car Intelligent Steering Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

(F) What Is Passenger Car Intelligent Steering Market Chain Analysis by Upstream Raw Materials and Downstream Industry?

(G) What Is Economic Impact On Passenger Car Intelligent Steering Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?

(H) What Are Market Dynamics of Passenger Car Intelligent Steering Market? What Are Challenges and Opportunities?

(I) What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Passenger Car Intelligent Steering Industry?

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