Selected research
Market Structure
Global Power Steering System for Passenger Vehicle Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Power Steering System for Passenger Vehicle market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The US & Canada market for Power Steering System for Passenger Vehicle is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Power Steering System for Passenger Vehicle is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Power Steering System for Passenger Vehicle is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Power Steering System for Passenger Vehicle is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Power Steering System for Passenger Vehicle include JTEKT, CAAS, ZF, Thyssenkrupp, NSK, Nexteer, Zhejiang Shibao, YUBEI Steering System and Hubei Henglong Automotive System Group, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Includes
This report provides an overview of the global Power Steering System for Passenger Vehicle market and its size, analyzing global market trends based on historical revenue data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Power Steering System for Passenger Vehicle and revenue in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Power Steering System for Passenger Vehicle revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by Type and Application—covering revenue and growth rates—for 2021-2032, and evaluates and forecasts the Power Steering System for Passenger Vehicle market size, projected growth trends, production technologies, key applications, and end-use industries.
Power Steering System for Passenger Vehicle Segment by Company
JTEKT
CAAS
ZF
Thyssenkrupp
NSK
Nexteer
Zhejiang Shibao
YUBEI Steering System
Hubei Henglong Automotive System Group
Mobis
Mando
Hitachi Astemo (Showa )
Bosch
Power Steering System for Passenger Vehicle Segment by Type
Hydraulic Power Steering (HPS)
Electronic Hydraulic Power Steering (EHPS)
Electric Power Steering (EPS)
Power Steering System for Passenger Vehicle Segment by Application
New Energy Passenger Vehicle
Fuel Passenger Vehicle
Power Steering System for Passenger Vehicle Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Power Steering System for Passenger Vehicle market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Power Steering System for Passenger Vehicle and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Power Steering System for Passenger Vehicle.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of Power Steering System for Passenger Vehicle in global and regional 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, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Power Steering System for Passenger Vehicle industry.
Chapter 3: Detailed analysis of Power Steering System for Passenger Vehicle companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, 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 revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Power Steering System for Passenger Vehiclerevenue, gross margin, and recent development, etc.
Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 8: Europe by type, by application and by country, revenue for each segment.
Chapter 9: China by type, and by application, revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 11: South America, Middle East & Africa by type, by application and by country, revenue for each segment.
Chapter 12: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Hydraulic Power Steering (HPS)
- Electronic Hydraulic Power Steering (EHPS)
- Electric Power Steering (EPS)
Applications
- New Energy Passenger Vehicle
- Fuel Passenger Vehicle
Companies covered
- JTEKT
- CAAS
- ZF
- Thyssenkrupp
- NSK
- Nexteer
- Zhejiang Shibao
- YUBEI Steering System
- Hubei Henglong Automotive System Group
- Mobis
- Mando
- Hitachi Astemo (Showa )
- Bosch
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Market Analysis by Type
- 1.2.1 Global Power Steering System for Passenger Vehicle Market Size Growth Rate by Type: 2021 VS 2025 VS 2032
- 1.2.2 Hydraulic Power Steering (HPS)
- 1.2.3 Electronic Hydraulic Power Steering (EHPS)
- 1.2.4 Electric Power Steering (EPS)
- 1.3 Market Analysis by Application
- 1.3.1 Global Power Steering System for Passenger Vehicle Market Size Growth Rate by Application: 2021 VS 2025 VS 2032
- 1.3.2 New Energy Passenger Vehicle
- 1.3.3 Fuel Passenger Vehicle
- 1.4 Global Market Growth Prospects
- 1.5 Global Power Steering System for Passenger Vehicle Growth Trends by Region
- 1.5.1 Global Power Steering System for Passenger Vehicle Market Size by Region: 2021 VS 2025 VS 2032
- 1.5.2 Power Steering System for Passenger Vehicle Market Size by Region (2021-2026)
- 1.5.3 Power Steering System for Passenger Vehicle Market Size by Region (2027-2032)
- 1.6 Assumptions and Limitations
- 1.7 Study Goals and Objectives
- 1.8 Years Considered
2 Global Power Steering System for Passenger Vehicle Market Dynamics
- 2.1 Power Steering System for Passenger Vehicle Industry Trends
- 2.2 Power Steering System for Passenger Vehicle Industry Drivers
- 2.3 Power Steering System for Passenger Vehicle Industry Opportunities and Challenges
- 2.4 Power Steering System for Passenger Vehicle Industry Restraints
3 Competitive Landscape by Company
- 3.1 Global Power Steering System for Passenger Vehicle Revenue by Company (2021-2026)
- 3.2 Global Power Steering System for Passenger Vehicle Players Revenue Ranking, 2024 VS 2025 VS 2026
- 3.3 Global Power Steering System for Passenger Vehicle Key Company Head office and Area Served
- 3.4 Global Power Steering System for Passenger Vehicle Company, Product Type & Application
- 3.5 Global Power Steering System for Passenger Vehicle Company Establishment Date
- 3.6 Market Competitive Analysis
- 3.6.1 Global Power Steering System for Passenger Vehicle Market CR5 and HHI
- 3.6.2 Global Top 5 and 10 Power Steering System for Passenger Vehicle Players Market Share by Revenue in 2025
- 3.6.3 2025 Power Steering System for Passenger Vehicle Tier 1, Tier 2, and Tier 3
4 Power Steering System for Passenger Vehicle Market by Type
- 4.1 Global Power Steering System for Passenger Vehicle Market Size by Type (2021 VS 2025 VS 2032)
- 4.2 Global Power Steering System for Passenger Vehicle Market Size by Type (2021-2032)
- 4.3 Global Power Steering System for Passenger Vehicle Market Size Share by Type (2021-2032)
5 Power Steering System for Passenger Vehicle Market by Application
- 5.1 Global Power Steering System for Passenger Vehicle Market Size by Application (2021 VS 2025 VS 2032)
- 5.2 Global Power Steering System for Passenger Vehicle Market Size by Application (2021-2032)
- 5.3 Global Power Steering System for Passenger Vehicle Market Size Share by Application (2021-2032)
6 Company Profiles
- 6.1 JTEKT
- 6.1.1 JTEKT Company Information
- 6.1.2 JTEKT Business Overview
- 6.1.3 JTEKT Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.1.4 JTEKT Power Steering System for Passenger Vehicle Product Portfolio
- 6.1.5 JTEKT Recent Developments
- 6.2 CAAS
- 6.2.1 CAAS Company Information
- 6.2.2 CAAS Business Overview
- 6.2.3 CAAS Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.2.4 CAAS Power Steering System for Passenger Vehicle Product Portfolio
- 6.2.5 CAAS Recent Developments
- 6.3 ZF
- 6.3.1 ZF Company Information
- 6.3.2 ZF Business Overview
- 6.3.3 ZF Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.3.4 ZF Power Steering System for Passenger Vehicle Product Portfolio
- 6.3.5 ZF Recent Developments
- 6.4 Thyssenkrupp
- 6.4.1 Thyssenkrupp Company Information
- 6.4.2 Thyssenkrupp Business Overview
- 6.4.3 Thyssenkrupp Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.4.4 Thyssenkrupp Power Steering System for Passenger Vehicle Product Portfolio
- 6.4.5 Thyssenkrupp Recent Developments
- 6.5 NSK
- 6.5.1 NSK Company Information
- 6.5.2 NSK Business Overview
- 6.5.3 NSK Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.5.4 NSK Power Steering System for Passenger Vehicle Product Portfolio
- 6.5.5 NSK Recent Developments
- 6.6 Nexteer
- 6.6.1 Nexteer Company Information
- 6.6.2 Nexteer Business Overview
- 6.6.3 Nexteer Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.6.4 Nexteer Power Steering System for Passenger Vehicle Product Portfolio
- 6.6.5 Nexteer Recent Developments
- 6.7 Zhejiang Shibao
- 6.7.1 Zhejiang Shibao Company Information
- 6.7.2 Zhejiang Shibao Business Overview
- 6.7.3 Zhejiang Shibao Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.7.4 Zhejiang Shibao Power Steering System for Passenger Vehicle Product Portfolio
- 6.7.5 Zhejiang Shibao Recent Developments
- 6.8 YUBEI Steering System
- 6.8.1 YUBEI Steering System Company Information
- 6.8.2 YUBEI Steering System Business Overview
- 6.8.3 YUBEI Steering System Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.8.4 YUBEI Steering System Power Steering System for Passenger Vehicle Product Portfolio
- 6.8.5 YUBEI Steering System Recent Developments
- 6.9 Hubei Henglong Automotive System Group
- 6.9.1 Hubei Henglong Automotive System Group Company Information
- 6.9.2 Hubei Henglong Automotive System Group Business Overview
- 6.9.3 Hubei Henglong Automotive System Group Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.9.4 Hubei Henglong Automotive System Group Power Steering System for Passenger Vehicle Product Portfolio
- 6.9.5 Hubei Henglong Automotive System Group Recent Developments
- 6.10 Mobis
- 6.10.1 Mobis Company Information
- 6.10.2 Mobis Business Overview
- 6.10.3 Mobis Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.10.4 Mobis Power Steering System for Passenger Vehicle Product Portfolio
- 6.10.5 Mobis Recent Developments
- 6.11 Mando
- 6.11.1 Mando Company Information
- 6.11.2 Mando Business Overview
- 6.11.3 Mando Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.11.4 Mando Power Steering System for Passenger Vehicle Product Portfolio
- 6.11.5 Mando Recent Developments
- 6.12 Hitachi Astemo (Showa )
- 6.12.1 Hitachi Astemo (Showa ) Company Information
- 6.12.2 Hitachi Astemo (Showa ) Business Overview
- 6.12.3 Hitachi Astemo (Showa ) Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.12.4 Hitachi Astemo (Showa ) Power Steering System for Passenger Vehicle Product Portfolio
- 6.12.5 Hitachi Astemo (Showa ) Recent Developments
- 6.13 Bosch
- 6.13.1 Bosch Company Information
- 6.13.2 Bosch Business Overview
- 6.13.3 Bosch Power Steering System for Passenger Vehicle Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.13.4 Bosch Power Steering System for Passenger Vehicle Product Portfolio
- 6.13.5 Bosch Recent Developments
7 North America
- 7.1 North America Power Steering System for Passenger Vehicle Market Size (2021-2032)
- 7.2 North America Power Steering System for Passenger Vehicle Market Size by Type
- 7.2.1 North America Power Steering System for Passenger Vehicle Market Size by Type (2021-2026)
- 7.2.2 North America Power Steering System for Passenger Vehicle Market Size by Type (2027-2032)
- 7.2.3 North America Power Steering System for Passenger Vehicle Market Share by Type (2021-2032)
- 7.3 North America Power Steering System for Passenger Vehicle Market Size by Application
- 7.3.1 North America Power Steering System for Passenger Vehicle Market Size by Application (2021-2026)
- 7.3.2 North America Power Steering System for Passenger Vehicle Market Size by Application (2027-2032)
- 7.3.3 North America Power Steering System for Passenger Vehicle Market Share by Application (2021-2032)
- 7.4 North America Power Steering System for Passenger Vehicle Market Size by Country
- 7.4.1 North America Power Steering System for Passenger Vehicle Market Size by Country (2021 VS 2025 VS 2032)
- 7.4.2 North America Power Steering System for Passenger Vehicle Market Size by Country (2021-2026)
- 7.4.3 North America Power Steering System for Passenger Vehicle Market Size by Country (2027-2032)
- 7.4.4 North America Power Steering System for Passenger Vehicle Market Share by Country (2021-2032)
- 7.4.5 United States
- 7.4.6 Canada
- 7.4.7 Mexico
8 Europe
- 8.1 Europe Power Steering System for Passenger Vehicle Market Size (2021-2032)
- 8.2 Europe Power Steering System for Passenger Vehicle Market Size by Type
- 8.2.1 Europe Power Steering System for Passenger Vehicle Market Size by Type (2021-2026)
- 8.2.2 Europe Power Steering System for Passenger Vehicle Market Size by Type (2027-2032)
- 8.2.3 Europe Power Steering System for Passenger Vehicle Market Share by Type (2021-2032)
- 8.3 Europe Power Steering System for Passenger Vehicle Market Size by Application
- 8.3.1 Europe Power Steering System for Passenger Vehicle Market Size by Application (2021-2026)
- 8.3.2 Europe Power Steering System for Passenger Vehicle Market Size by Application (2027-2032)
- 8.3.3 Europe Power Steering System for Passenger Vehicle Market Share by Application (2021-2032)
- 8.4 Europe Power Steering System for Passenger Vehicle Market Size by Country
- 8.4.1 Europe Power Steering System for Passenger Vehicle Market Size by Country (2021 VS 2025 VS 2032)
- 8.4.2 Europe Power Steering System for Passenger Vehicle Market Size by Country (2021-2026)
- 8.4.3 Europe Power Steering System for Passenger Vehicle Market Size by Country (2027-2032)
- 8.4.4 Europe Power Steering System for Passenger Vehicle Market Share by Country (2021-2032)
- 8.4.5 Germany
- 8.4.6 France
- 8.4.7 U.K.
- 8.4.8 Italy
- 8.4.9 Russia
- 8.4.10 Nordic Countries
9 China
- 9.1 China Power Steering System for Passenger Vehicle Market Size (2021-2032)
- 9.2 China Power Steering System for Passenger Vehicle Market Size by Type
- 9.2.1 China Power Steering System for Passenger Vehicle Market Size by Type (2021-2026)
- 9.2.2 China Power Steering System for Passenger Vehicle Market Size by Type (2027-2032)
- 9.2.3 China Power Steering System for Passenger Vehicle Market Share by Type (2021-2032)
- 9.3 China Power Steering System for Passenger Vehicle Market Size by Application
- 9.3.1 China Power Steering System for Passenger Vehicle Market Size by Application (2021-2026)
- 9.3.2 China Power Steering System for Passenger Vehicle Market Size by Application (2027-2032)
- 9.3.3 China Power Steering System for Passenger Vehicle Market Share by Application (2021-2032)
10 Asia (Excluding China)
- 10.1 Asia Power Steering System for Passenger Vehicle Market Size (2021-2032)
- 10.2 Asia Power Steering System for Passenger Vehicle Market Size by Type
- 10.2.1 Asia Power Steering System for Passenger Vehicle Market Size by Type (2021-2026)
- 10.2.2 Asia Power Steering System for Passenger Vehicle Market Size by Type (2027-2032)
- 10.2.3 Asia Power Steering System for Passenger Vehicle Market Share by Type (2021-2032)
- 10.3 Asia Power Steering System for Passenger Vehicle Market Size by Application
- 10.3.1 Asia Power Steering System for Passenger Vehicle Market Size by Application (2021-2026)
- 10.3.2 Asia Power Steering System for Passenger Vehicle Market Size by Application (2027-2032)
- 10.3.3 Asia Power Steering System for Passenger Vehicle Market Share by Application (2021-2032)
- 10.4 Asia Power Steering System for Passenger Vehicle Market Size by Country
- 10.4.1 Asia Power Steering System for Passenger Vehicle Market Size by Country (2021 VS 2025 VS 2032)
- 10.4.2 Asia Power Steering System for Passenger Vehicle Market Size by Country (2021-2026)
- 10.4.3 Asia Power Steering System for Passenger Vehicle Market Size by Country (2027-2032)
- 10.4.4 Asia Power Steering System for Passenger Vehicle Market Share by Country (2021-2032)
- 10.4.5 Japan
- 10.4.6 South Korea
- 10.4.7 Taiwan
- 10.4.8 Southeast Asia
- 10.4.9 India
- 10.4.10 Australia
11 South America, Middle East & Africa
- 11.1 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size (2021-2032)
- 11.2 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Type
- 11.2.1 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Type (2021-2026)
- 11.2.2 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Type (2027-2032)
- 11.2.3 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Share by Type (2021-2032)
- 11.3 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Application
- 11.3.1 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Application (2021-2026)
- 11.3.2 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Application (2027-2032)
- 11.3.3 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Share by Application (2021-2032)
- 11.4 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Country
- 11.4.1 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Country (2021 VS 2025 VS 2032)
- 11.4.2 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Country (2021-2026)
- 11.4.3 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Size by Country (2027-2032)
- 11.4.4 South America, Middle East & Africa Power Steering System for Passenger Vehicle Market Share by Country (2021-2032)
- 11.4.5 Brazil
- 11.4.6 South Africa
- 11.4.7 Saudi Arabia
- 11.4.8 Turkey
- 11.4.9 Argentina
- 11.4.9 UAE
- 11.4.9 Egypt
- 11.4.9 Chile
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
- 13.6 Disclaimer
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