市场调查报告书
商品编码
1631895
汽车转向系统市场 - 全球产业规模、份额、趋势、机会和预测,按转向系统、零件、销售管道、地区和竞争细分,2020-2030FAutomotive Steering Systems Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Steering System, By Component, By Sales Channel, By Region & Competition, 2020-2030F |
2024年全球汽车转向系统市值为243.3亿美元,预计2030年将达到376.8亿美元,预测期内复合年增长率为7.59%。全球汽车转向系统市场是一个快速发展的产业,对于车辆控制和操控性至关重要。其成长是由汽车需求不断增长(尤其是中国、印度和巴西等新兴市场)以及技术进步所推动的。以能源效率和响应能力而闻名的电动辅助转向 (EPS) 系统以及可实现先进驾驶辅助和自动驾驶功能的线控转向系统等创新正在重塑该行业。政府法规规定了更严格的安全和排放标准,进一步推动了先进转向技术的采用。随着主要参与者对研发的大量投资以及行业内的合作,在对更安全、更有效率和更智慧的车辆系统的需求的推动下,市场有望持续扩张。
市场概况 | |
---|---|
预测期 | 2026-2030 |
2024 年市场规模 | 243.3亿美元 |
2030 年市场规模 | 376.8亿美元 |
2025-2030 年复合年增长率 | 7.59% |
成长最快的细分市场 | 电力驱动 |
最大的市场 | 亚太 |
2024 年全球汽车产量预测反映了各地区的成长和挑战。受报废补贴支持的销售復苏推动,中国产量预期上调 409,000 辆,预计年增 2.4%。在丰田的强劲势头带动下,日本将 2025 年的产量预期上调了 39,000 辆,而韩国则因国内销售和出口疲软,将 2024 年的产量预期下调了 12,000 辆。北美地区的产量前景保持稳定,福特和Stellantis因库存调整而分别减产45,000辆和48,000辆。在南美洲,2024 年产量将增加 23,000 辆,特别是在巴西和阿根廷。然而,由于东协市场的生产问题和印度的高库存水平,南亚2024年减少了63,000辆。在欧洲,新车註册量稳定在 970 万辆,但法国、德国和义大利的下降被西班牙的正面表现所抵消。 2024 年 11 月,纯电动和插电式混合动力车市场的市场份额和销量略有下降,反映出向电动车转型过程中持续面临的挑战。
增加汽车产量
技术进步
政府法规
成本压力
技术复杂性
安全可靠
电动辅助转向系统 (EPS) 占据主导地位
线控转向系统
高级驾驶辅助系统 (ADAS) 的集成
销售通路洞察
区域洞察
Global Automotive Steering Systems Market was valued at USD 24.33 Billion in 2024 and is expected to reach USD 37.68 Billion by 2030 with a CAGR of 7.59% during the forecast period. The global automotive steering systems market is a rapidly evolving sector essential to vehicle control and maneuverability. Its growth is driven by rising vehicle demand, particularly in emerging markets like China, India, and Brazil, alongside advancements in technology. Innovations such as electric power steering (EPS) systems, known for energy efficiency and responsiveness, and steer-by-wire systems, enabling advanced driver-assistance and autonomous driving capabilities, are reshaping the industry. Government regulations mandating stricter safety and emission standards further propel the adoption of advanced steering technologies. With significant investments in R&D by major players and collaborations within the industry, the market is poised for continued expansion, driven by the need for safer, more efficient, and smarter vehicle systems.
Market Overview | |
---|---|
Forecast Period | 2026-2030 |
Market Size 2024 | USD 24.33 Billion |
Market Size 2030 | USD 37.68 Billion |
CAGR 2025-2030 | 7.59% |
Fastest Growing Segment | Electrically Powered |
Largest Market | Asia-Pacific |
In 2024, global automotive production forecasts reflect a mix of growth and challenges across regions. China's production outlook was raised by 409,000 units, driven by a recovery in sales supported by scrappage subsidies, with a 2.4% growth expected year-over-year. Japan's outlook for 2025 was upgraded by 39,000 units, led by strong momentum from Toyota, while South Korea's forecast for 2024 was cut by 12,000 units due to weaker domestic sales and exports. North America's production outlook remained steady, with Ford and Stellantis reducing their production by 45,000 and 48,000 units, respectively, due to inventory adjustments. In South America, production was boosted by 23,000 units in 2024, particularly in Brazil and Argentina. However, South Asia saw a reduction of 63,000 units in 2024 due to production issues in the ASEAN market and high inventory levels in India. In Europe, new car registrations remained stable at 9.7 million units, though declines in France, Germany, and Italy were offset by a positive performance in Spain. The battery-electric and plug-in hybrid car markets saw slight declines in market share and volumes in November 2024, reflecting the ongoing challenges in the transition to electrified vehicles.
Key Market Drivers
Increasing Vehicle Production
The global automotive steering systems market is driven by the overall growth of the automotive industry. As the demand for vehicles continues to rise worldwide, there is a corresponding increase in the production of vehicles. This, in turn, drives the demand for steering systems, as every vehicle requires a steering system for maneuverability and control.
Technological Advancements
The automotive steering systems market is influenced by continuous technological advancements. Manufacturers are constantly developing innovative steering technologies to enhance vehicle safety, improve fuel efficiency, and provide a better driving experience. Electric power steering (EPS) systems, for example, have gained popularity due to their energy efficiency and improved responsiveness compared to traditional hydraulic power steering systems.
Government Regulations
Government regulations and initiatives play a significant role in shaping the global automotive steering systems market. Governments around the world are implementing stricter safety and emission standards, which drive the adoption of advanced steering technologies. For instance, regulations mandating the use of electric power steering systems to improve fuel efficiency and reduce emissions have influenced the market dynamics.
Key Market Challenges
Cost Pressure
One of the major challenges in the global automotive steering systems market is cost pressure. Manufacturers face the challenge of developing and producing steering systems that meet the increasing demands for advanced features while keeping the costs competitive. The integration of new technologies and materials can drive up the production costs, making it challenging for manufacturers to strike a balance between innovation and affordability.
Technological Complexity
The rapid advancement of steering system technologies introduces complexity in design, development, and manufacturing processes. Integrating advanced features such as electric power steering, steer-by-wire systems, and autonomous driving capabilities requires sophisticated engineering and software expertise. Managing the complexity of these technologies and ensuring their reliability and compatibility with other vehicle systems can be a significant challenge for manufacturers.
Safety and Reliability
Steering systems are critical components for vehicle safety and reliability. Any failure or malfunction in the steering system can have severe consequences. Manufacturers face the challenge of ensuring the safety and reliability of steering systems by conducting rigorous testing, adhering to strict quality standards, and addressing potential vulnerabilities. Meeting safety regulations and customer expectations for robust and dependable steering systems is a constant challenge.
Key Market Trends
Electric Power Steering (EPS) Dominance
Electric power steering (EPS) systems continue to dominate the global automotive steering systems market. EPS systems offer advantages such as improved fuel efficiency, reduced weight, and enhanced responsiveness compared to traditional hydraulic power steering systems. The trend towards EPS is driven by the increasing demand for fuel-efficient vehicles and the integration of advanced driver-assistance systems (ADAS) that rely on electric steering control.
Steer-by-Wire Systems
Steer-by-wire systems are gaining traction in the automotive steering systems market. These systems eliminate the mechanical connection between the steering wheel and the wheels, replacing it with electronic controls. Steer-by-wire systems offer benefits such as increased design flexibility, reduced weight, and the potential for advanced autonomous driving capabilities. As the automotive industry moves towards autonomous vehicles, steer-by-wire systems are expected to play a significant role in enabling advanced driver-assistance features.
Integration of Advanced Driver-Assistance Systems (ADAS)
The integration of advanced driver-assistance systems (ADAS) with steering systems is a prominent trend in the automotive industry. Steering systems are being equipped with features such as lane-keeping assist, adaptive cruise control, and automated parking. These technologies enhance vehicle safety, improve driving comfort, and pave the way for autonomous driving. The demand for steering systems that seamlessly integrate with ADAS is expected to grow as ADAS adoption increases.
Segmental Insights
Sales Channel Insights
The Original Equipment Manufacturer (OEM) segment dominated the automotive steering systems market due to its integral role in producing advanced and reliable steering components that meet stringent industry standards. OEMs are closely linked with vehicle manufacturers, allowing them to align their steering systems with the specific design, performance, and safety requirements of vehicles. This close collaboration ensures seamless integration of steering systems into the overall vehicle architecture, enhancing efficiency and reducing compatibility issues.
One of the primary reasons for OEM dominance is the growing preference for technologically advanced steering systems such as Electric Power Steering (EPS) and steer-by-wire. These systems require high levels of precision, quality, and reliability, which OEMs are well-equipped to deliver. OEMs also benefit from economies of scale, enabling cost-efficient production of high-quality steering systems for mass-market vehicles. Additionally, their strong research and development capabilities allow them to innovate continuously, offering cutting-edge solutions that meet evolving consumer demands for safety, fuel efficiency, and driving comfort.
OEMs also maintain a competitive edge due to their ability to comply with government regulations and industry standards. As global safety and emission norms become more stringent, automakers increasingly rely on OEMs to provide steering systems that meet these requirements. Furthermore, the long-term partnerships between OEMs and automakers ensure sustained demand, reinforcing their market leadership. The trust, brand reputation, and technological expertise associated with OEM products contribute significantly to their dominant position in the automotive steering systems market.
Regional Insights
Asia-Pacific dominated the automotive steering systems market due to its strong position as a global hub for automotive production and sales. Countries like China, India, Japan, and South Korea are home to some of the largest automobile manufacturers and suppliers, driving the demand for advanced steering systems. The region benefits from high vehicle production volumes, supported by robust industrial infrastructure and cost-efficient manufacturing processes, making it a preferred choice for automakers and component suppliers.
The growing middle-class population and rising disposable incomes in emerging economies such as China and India have significantly boosted vehicle ownership, further driving the demand for steering systems. Additionally, the shift toward electric vehicles (EVs) in these markets has accelerated the adoption of advanced steering technologies like Electric Power Steering (EPS), which align with the sustainability goals of the automotive industry.
Government regulations in the Asia-Pacific region also play a vital role in shaping the market. Policies promoting road safety, fuel efficiency, and emissions control are encouraging the adoption of innovative steering systems. For instance, governments in the region are incentivizing the use of EPS to reduce fuel consumption and improve vehicle performance.
Moreover, Asia-Pacific benefits from a highly competitive and rapidly evolving automotive supply chain. The presence of global and regional steering system manufacturers fosters innovation and ensures the availability of cost-effective solutions. These factors, combined with a rapidly growing automotive sector, position Asia-Pacific as the leading region in the global automotive steering systems market. For Instance, According to ACEA (Association des Constructeurs Europeens d'Automobiles), China was the third-largest market for EU vehicle exports by value in 2023, following the US (first) and the UK (second). In 2023, the EU imported 438,034 battery-electric cars from China, worth EUR 9.7 billion. During the same period, the EU exported 11,499 battery-electric cars to China, valued at EUR 852.3 million. The share of Chinese-made cars in EU battery-electric sales has increased significantly, rising from approximately 3% to over 20% in the last three years. Chinese brands now account for around 8% of this market share.
In this report, the Global Automotive Steering Systems Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Automotive Steering Systems Market.
Global Automotive Steering Systems Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: