Steering Columns System is a device intended primarily for connecting the steering wheel to the steering mechanism or transferring the driver's input torque from the steering wheel. The steering column consists of a collapsible housing containing a collapsible rotating shaft. The steering column is connected to the input shaft of the steering gear by a flexible joint. This allows the alignment, and reduces the transmission of road shocks back to the driver. Some of the steering columns have an intermediate shaft, which runs at about an oblique angle, from the column to the steering gear. Some manufacturers fit sensors and control units to the steering column, that provide information to steering control modules as part of an electric assisted or 4-wheel steering system.
Steering Columns System Market aims to provide a comprehensive presentation of the global market for Steering Columns System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steering Columns System. Steering Columns System Market contains market size and forecasts of Steering Columns System in global, including the following market information:
- Global Steering Columns System Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Steering Columns System Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Steering Columns System companies in 2022 (%)
The global Steering Columns System market was valued at US$ 15850 million in 2022 and is projected to reach US$ 17980 million by 2029, at a CAGR of 1.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Steering Columns System market include Bosch, JTEKT, ThyssenKrupp, etc. The top 3 players occupy about 40% shares of the global market. Europe and China are main markets, they occupy about 50% of the global market. Manually Adjustable Steering Columns is the main type, with a share about 65%. Passenger Vehicle is the main application, which holds a share about 80%.
We surveyed the Steering Columns System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Steering Columns System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Steering Columns System Market Segment Percentages, by Type, 2022 (%)
- Non-adjustable Steering Columns
- Manually Adjustable Steering Columns
- Electrically Adjustable Steering Columns
Global Steering Columns System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Steering Columns System Market Segment Percentages, by Application, 2022 (%)
- Passenger Vehicle
- Commercial Vehicle
Global Steering Columns System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Steering Columns System Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Steering Columns System revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Steering Columns System revenues share in global market, 2022 (%)
- Key companies Steering Columns System sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Steering Columns System sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Bosch
- JTEKT
- Nexteer
- ThyssenKrupp
- TRW
- NSK
- Mando
- Schaeffler
- Continental
- Fuji Kiko
- Showa
- Namyang
- Henglong
- Coram Group
- Yamada
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Steering Columns System, market overview.
- Chapter 2: Global Steering Columns System market size in revenue and volume.
- Chapter 3: Detailed analysis of Steering Columns System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Steering Columns System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Steering Columns System capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.