Automotive Steering Column and Steering Shaft Market
Automotive Steering Column and Steering Shaft
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Automotive Steering Column and Steering Shaft
Market Size and Growth
The Automotive Steering Column and Steering Shaft market is experiencing growth driven by advancements in technology and increasing automotive production. The global market size is projected to reach approximately $12 billion by 2025, reflecting a compound annual growth rate of around 5%.
Market conditions are influenced by demand for safety and comfort innovations.
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Companies Covered
(Covid 19 Impact Covered)
◍ Bosch
◍ Continental AG
◍ Showa Corporation
◍ JTEKT
The Automotive Steering Column and Steering Shaft Market features major players like Bosch, Continental AG, and ZF, focusing on innovation and integration of advanced technologies. These companies enhance vehicle safety and comfort, driving market growth. Sales revenues for key players include:
- Bosch: €78 billion
◍ Northern Heavy Industries Group Co., Ltd.
◍ NSK Group
◍ Schaeffler AG
◍ ZF
◍ P.T Autotech Indonesia
◍ Nexteer Automotive
◍ Global Steering Systems
◍ THK Rhythm Automotive
◍ Mando
◍ ThyssenKrupp
- ZF: €40 billion
- NSK: ¥1.1 trillion Request Sample Report
Market Segmentation
By Application
Commercial Vehicle
Passenger Vehicle
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By Product
Steering Column
Steering Shaft
Market Growth
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$ X Billion USD
