United States Automotive Steering System Market Accelerates Growth with Advanced Technologies and Rising EV Demand 2025 | Top key players - JTEKT Corporation, Nexteer Automotive, NSK Ltd.

Market Overview:

The Global Automotive Steering System Market is estimated to reach at a Significant CAGR during the forecast period (2024-2031).

The Automotive Steering System Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Automotive Steering System Market encompasses the global industry involved in designing, manufacturing, and supplying steering components and systems for vehicles, including power steering, electric steering, and advanced driver-assistance systems (ADAS). It is driven by demand for vehicle safety, comfort, and fuel efficiency, along with technological advancements, stringent regulations, and the growing adoption of electric and autonomous vehicles worldwide.

Recent Key Developments of United States and Japan:

USA:
In March 2025, Nexteer Automotive introduced a Rear-Wheel Steering (RWS) system focused on affordability, reduced weight, and durability, improving handling for large vehicles like trucks and SUVs.

In June 2025, Volvo enhanced its dynamic steering system with a new feature capable of detecting tire blowouts and responding instantly to maintain stability.

Japan:
AI-Integrated, Adaptive Steering Investment: Manufacturers are increasingly investing in precision steering, AI-based vehicle control, and autonomous systems to lead the next-generation mobility market (Sep 2025).

Focus on Steer-by-Wire (SbW) Deployment: Acceleration of SbW system deployment, especially in partnership with international tech firms, to enhance steering precision and enable higher levels of autonomous driving (Jul-Sep 2025).

List of the Key Players in the Automotive Steering System Market:

Nexteer Automotive
JTEKT Corporation
NSK Ltd.
Robert Bosch GmBH
Thyssenkrupp AG
ZF Friedrichshafen AG
Showa Corporation
Hyundai Mobis
Mando Corporation
China Automotive Systems, Inc.

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Automotive Steering System Market:

By Component: Hydraulic Pump, Steering Column, Speed Sensor, Electric Sensor.

By Technology: Hydraulic Power Steering (HPS), Electrically Assisted Hydraulic Power Steering (EHPS), Electric Power Steering (EPS).

By Pinion Type: Single, Dual.

By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Automotive Steering System market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Automotive Steering System Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Automotive Steering System market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Automotive Steering System Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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