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Automotive Power Steering

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Industry Growth & Trends

Global Automotive Power Steering Industry Growth and Trends Forecast to 2032

17 January 2026100 pages

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Industry ResearchAutomotive Power Steering Industry Research Report 2026127 pages · $2,950 USDIndustry Growth & TrendsGlobal Automotive Power Steering Industry Growth and Trends Forecast to 2032100 pages · $3,450 USDMarket StructureGlobal Automotive Power Steering Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032190 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Automotive Power Steering Market Outlook and Growth Opportunities 2026193 pages · $4,250 USDMarket Analysis & ForecastGlobal Automotive Power Steering Market Analysis and Forecast 2026-2032212 pages · $4,950 USD

Market perspective

The global Automotive Power Steering 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 North America market for Automotive Power Steering is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for Automotive Power Steering is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Automotive Power Steering 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 Automotive Power Steering include China Automotive Systems (China), Dongfeng Motor Parts And Components Group (China), Fawer Automotive Parts (China), GAC Component (China), Hitachi Automotive Systems (Japan), Hyundai WIA (Korea), JTEKT (Japan), Bosch (Germany) and Nexteer (USA), among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global Automotive Power Steering market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Automotive Power Steering market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Automotive Power Steering market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Automotive Power Steering.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Automotive Power Steering market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Automotive Power Steering Market by Company

China Automotive Systems (China)

Dongfeng Motor Parts And Components Group (China)

Fawer Automotive Parts (China)

GAC Component (China)

Hitachi Automotive Systems (Japan)

Hyundai WIA (Korea)

JTEKT (Japan)

Bosch (Germany)

Nexteer (USA)

Thyssenkrupp (Germany)

Automotive Power Steering Segment by Type

Hydraulic Power Steering

Electric Power Steering

Others

Automotive Power Steering Segment by Application

Passenger Cars

Commercial Vehicles

Automotive Power Steering 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

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 Automotive Power Steering 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 Automotive Power Steering 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 Automotive Power Steering.

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 study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: 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 3: Detailed analysis of Automotive Power Steering manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Automotive Power Steering in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Hydraulic Power Steering Table 2. Major Company of Electric Power Steering Table 3. Major Company of Others Table 4. Global Automotive Power Steering Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global Automotive Power Steering Sales by Type (2021-2026) & (k units) Table 6. Global Automotive Power Steering Sales Market Share in Volume by Type (2021-2026) Table 7. Global Automotive Power Steering Sales by Type (2021-2026) & (US$ Million) Table 8. Global Automotive Power Steering Sales Market Share in Value by Type (2021-2026) Table 9. Global Automotive Power Steering Price by Type (2021-2026) & (USD/unit) Table 10. Global Automotive Power Steering Sales by Type (2027-2032) & (k units) Table 11. Global Automotive Power Steering Sales Market Share in Volume by Type (2027-2032) Table 12. Global Automotive Power Steering Sales by Type (2027-2032) & (US$ Million) Table 13. Global Automotive Power Steering Sales Market Share in Value by Type (2027-2032) Table 14. Global Automotive Power Steering Price by Type (2027-2032) & (USD/unit) Table 15. North America Automotive Power Steering Sales by Type (2021-2026) & (k units) Table 16. North America Automotive Power Steering Sales by Type (2021-2026) & (US$ Million) Table 17. Europe Automotive Power Steering Sales by Type (2021-2026) & (k units) Table 18. Europe Automotive Power Steering Sales by Type (2021-2026) & (US$ Million) Table 19. Asia-Pacific Automotive Power Steering Sales by Type (2021-2026) & (k units) Table 20. Asia-Pacific Automotive Power Steering Sales by Type (2021-2026) & (US$ Million) Table 21. Latin America Automotive Power Steering Sales by Type (2021-2026) & (k units) Table 22. Latin America Automotive Power Steering Sales by Type (2021-2026) & (US$ Million) Table 23. Middle East and Africa Automotive Power Steering Sales by Type (2021-2026) & (k units) Table 24. Middle East and Africa Automotive Power Steering Sales by Type (2021-2026) & (US$ Million) Table 25. Automotive Power Steering Industry Trends Table 26. Automotive Power Steering Industry Drivers Table 27. Automotive Power Steering Industry Opportunities and Challenges Table 28. Automotive Power Steering Industry Restraints Table 29. Global Automotive Power Steering Sales Revenue by Company (US$ Million) & (2021-2026) Table 30. Global Automotive Power Steering Revenue Market Share by Company (2021-2026) Table 31. Global Automotive Power Steering Sales by Company (2021-2026) & (k units) Table 32. Global Automotive Power Steering Sales Share by Company (2021-2026) Table 33. Global Automotive Power Steering Market Price by Company (2021-2026) & (USD/unit) Table 34. Global Automotive Power Steering Industry Company Ranking, 2024 VS 2025 VS 2026 Table 35. Global Automotive Power Steering Major Company Production Sites and Headquarters Table 36. Global Automotive Power Steering Company, Product Type & Application Table 37. Global Automotive Power Steering Company Establishment Date Table 38. Global Company Market Concentration Ratio (CR5 and HHI) Table 39. Global Automotive Power Steering by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 40. Global Automotive Power Steering Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 41. Global Automotive Power Steering Sales by Region (2021-2026) & (k units) Table 42. Global Automotive Power Steering Sales Market Share in Volume by Region (2021-2026) Table 43. Global Automotive Power Steering Sales by Region (2021-2026) & (US$ Million) Table 44. Global Automotive Power Steering Sales Market Share in Value by Region (2021-2026) Table 45. Global Automotive Power Steering Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 46. Global Automotive Power Steering Sales by Region (2027-2032) & (k units) Table 47. Global Automotive Power Steering Sales Market Share in Volume by Region (2027-2032) Table 48. Global Automotive Power Steering Sales by Region (2027-2032) & (US$ Million) Table 49. Global Automotive Power Steering Sales Market Share in Value by Region (2027-2032) Table 50. Global Automotive Power Steering Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2027-2032) Table 51. Global Automotive Power Steering Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 52. Global Automotive Power Steering Sales by Application (2021-2026) & (k units) Table 53. Global Automotive Power Steering Sales Market Share in Volume by Application (2021-2026) Table 54. Global Automotive Power Steering Sales by Application (2021-2026) & (US$ Million) Table 55. Global Automotive Power Steering Sales Market Share in Value by Application (2021-2026) Table 56. Global Automotive Power Steering Price by Application (2021-2026) & (USD/unit) Table 57. Global Automotive Power Steering Sales by Application (2027-2032) & (k units) Table 58. Global Automotive Power Steering Sales Market Share in Volume by Application (2027-2032) Table 59. Global Automotive Power Steering Sales by Application (2027-2032) & (US$ Million) Table 60. Global Automotive Power Steering Sales Market Share in Value by Application (2027-2032) Table 61. Global Automotive Power Steering Price by Application (2027-2032) & (USD/unit) Table 62. North America Automotive Power Steering Sales by Application (2021-2026) & (k units) Table 63. North America Automotive Power Steering Sales by Application (2021-2026) & (US$ Million) Table 64. Europe Automotive Power Steering Sales by Application (2021-2026) & (k units) Table 65. Europe Automotive Power Steering Sales by Application (2021-2026) & (US$ Million) Table 66. Asia-Pacific Automotive Power Steering Sales by Application (2021-2026) & (k units) Table 67. Asia-Pacific Automotive Power Steering Sales by Application (2021-2026) & (US$ Million) Table 68. Latin America Automotive Power Steering Sales by Application (2021-2026) & (k units) Table 69. Latin America Automotive Power Steering Sales by Application (2021-2026) & (US$ Million) Table 70. Middle East and Africa Automotive Power Steering Sales by Application (2021-2026) & (k units) Table 71. Middle East and Africa Automotive Power Steering Sales by Application (2021-2026) & (US$ Million) Table 72. China Automotive Systems (China) Company Information Table 73. China Automotive Systems (China) Business Overview Table 74. China Automotive Systems (China) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 75. China Automotive Systems (China) Automotive Power Steering Product Portfolio Table 76. China Automotive Systems (China) Recent Development Table 77. Dongfeng Motor Parts And Components Group (China) Company Information Table 78. Dongfeng Motor Parts And Components Group (China) Business Overview Table 79. Dongfeng Motor Parts And Components Group (China) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 80. Dongfeng Motor Parts And Components Group (China) Automotive Power Steering Product Portfolio Table 81. Dongfeng Motor Parts And Components Group (China) Recent Development Table 82. Fawer Automotive Parts (China) Company Information Table 83. Fawer Automotive Parts (China) Business Overview Table 84. Fawer Automotive Parts (China) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 85. Fawer Automotive Parts (China) Automotive Power Steering Product Portfolio Table 86. Fawer Automotive Parts (China) Recent Development Table 87. GAC Component (China) Company Information Table 88. GAC Component (China) Business Overview Table 89. GAC Component (China) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 90. GAC Component (China) Automotive Power Steering Product Portfolio Table 91. GAC Component (China) Recent Development Table 92. Hitachi Automotive Systems (Japan) Company Information Table 93. Hitachi Automotive Systems (Japan) Business Overview Table 94. Hitachi Automotive Systems (Japan) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 95. Hitachi Automotive Systems (Japan) Automotive Power Steering Product Portfolio Table 96. Hitachi Automotive Systems (Japan) Recent Development Table 97. Hyundai WIA (Korea) Company Information Table 98. Hyundai WIA (Korea) Business Overview Table 99. Hyundai WIA (Korea) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 100. Hyundai WIA (Korea) Automotive Power Steering Product Portfolio Table 101. Hyundai WIA (Korea) Recent Development Table 102. JTEKT (Japan) Company Information Table 103. JTEKT (Japan) Business Overview Table 104. JTEKT (Japan) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 105. JTEKT (Japan) Automotive Power Steering Product Portfolio Table 106. JTEKT (Japan) Recent Development Table 107. Bosch (Germany) Company Information Table 108. Bosch (Germany) Business Overview Table 109. Bosch (Germany) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 110. Bosch (Germany) Automotive Power Steering Product Portfolio Table 111. Bosch (Germany) Recent Development Table 112. Nexteer (USA) Company Information Table 113. Nexteer (USA) Business Overview Table 114. Nexteer (USA) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 115. Nexteer (USA) Automotive Power Steering Product Portfolio Table 116. Nexteer (USA) Recent Development Table 117. Thyssenkrupp (Germany) Company Information Table 118. Thyssenkrupp (Germany) Business Overview Table 119. Thyssenkrupp (Germany) Automotive Power Steering Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 120. Thyssenkrupp (Germany) Automotive Power Steering Product Portfolio Table 121. Thyssenkrupp (Germany) Recent Development Table 122. North America Automotive Power Steering Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 123. North America Automotive Power Steering Sales by Country (2021-2026) & (k units) Table 124. North America Automotive Power Steering Sales Market Share by Country (2021-2026) Table 125. North America Automotive Power Steering Sales Forecast by Country (2027-2032) & (k units) Table 126. North America Automotive Power Steering Sales Market Share Forecast by Country (2027-2032) Table 127. North America Automotive Power Steering Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 128. North America Automotive Power Steering Market Size by Country (2021-2026) & (US$ Million) Table 129. North America Automotive Power Steering Market Share by Country (2021-2026) Table 130. North America Automotive Power Steering Market Size Forecast by Country (2027-2032) & (US$ Million) Table 131. North America Automotive Power Steering Market Share Forecast by Country (2027-2032) Table 132. Europe Automotive Power Steering Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 133. Europe Automotive Power Steering Sales by Country (2021-2026) & (k units) Table 134. Europe Automotive Power Steering Sales Market Share by Country (2021-2026) Table 135. Europe Automotive Power Steering Sales Forecast by Country (2027-2032) & (k units) Table 136. Europe Automotive Power Steering Sales Market Share Forecast by Country (2027-2032) Table 137. Europe Automotive Power Steering Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 138. Europe Automotive Power Steering Market Size by Country (2021-2026) & (US$ Million) Table 139. Europe Automotive Power Steering Market Share by Country (2021-2026) Table 140. Europe Automotive Power Steering Market Size Forecast by Country (2027-2032) & (US$ Million) Table 141. Europe Automotive Power Steering Market Share Forecast by Country (2027-2032) Table 142. Asia-Pacific Automotive Power Steering Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 143. Asia-Pacific Automotive Power Steering Sales by Country (2021-2026) & (k units) Table 144. Asia-Pacific Automotive Power Steering Sales Market Share by Country (2021-2026) Table 145. Asia-Pacific Automotive Power Steering Sales Forecast by Country (2027-2032) & (k units) Table 146. Asia-Pacific Automotive Power Steering Sales Market Share Forecast by Country (2027-2032) Table 147. Asia-Pacific Automotive Power Steering Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 148. Asia-Pacific Automotive Power Steering Market Size by Country (2021-2026) & (US$ Million) Table 149. Asia-Pacific Automotive Power Steering Market Share by Country (2021-2026) Table 150. Asia-Pacific Automotive Power Steering Market Size Forecast by Country (2027-2032) & (US$ Million) Table 151. Asia-Pacific Automotive Power Steering Market Share Forecast by Country (2027-2032) Table 152. Latin America Automotive Power Steering Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 153. Latin America Automotive Power Steering Sales by Country (2021-2026) & (k units) Table 154. Latin America Automotive Power Steering Sales Market Share by Country (2021-2026) Table 155. Latin America Automotive Power Steering Sales Forecast by Country (2027-2032) & (k units) Table 156. Latin America Automotive Power Steering Sales Market Share Forecast by Country (2027-2032) Table 157. Latin America Automotive Power Steering Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 158. Latin America Automotive Power Steering Market Size by Country (2021-2026) & (US$ Million) Table 159. Latin America Automotive Power Steering Market Share by Country (2021-2026) Table 160. Latin America Automotive Power Steering Market Size Forecast by Country (2027-2032) & (US$ Million) Table 161. Latin America Automotive Power Steering Market Share Forecast by Country (2027-2032) Table 162. Middle East and Africa Automotive Power Steering Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 163. Middle East and Africa Automotive Power Steering Sales by Country (2021-2026) & (k units) Table 164. Middle East and Africa Automotive Power Steering Sales Market Share by Country (2021-2026) Table 165. Middle East and Africa Automotive Power Steering Sales Forecast by Country (2027-2032) & (k units) Table 166. Middle East and Africa Automotive Power Steering Sales Market Share Forecast by Country (2027-2032) Table 167. Middle East and Africa Automotive Power Steering Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 168. Middle East and Africa Automotive Power Steering Market Size by Country (2021-2026) & (US$ Million) Table 169. Middle East and Africa Automotive Power Steering Market Share by Country (2021-2026) Table 170. Middle East and Africa Automotive Power Steering Market Size Forecast by Country (2027-2032) & (US$ Million) Table 171. Middle East and Africa Automotive Power Steering Market Share Forecast by Country (2027-2032) Table 172. Key Raw Materials Table 173. Raw Materials Key Suppliers Table 174. Automotive Power Steering Distributors List Table 175. Automotive Power Steering Customers List Table 176. Research Programs/Design for This Report Table 177. Authors List of This Report Table 178. Secondary Sources Table 179. Primary Sources List of Figures Figure 1. Automotive Power Steering Image Figure 2. Global Automotive Power Steering Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Automotive Power Steering Market Size (2021-2032) & (US$ Million) Figure 4. Global Automotive Power Steering Sales (2021-2032) & (k units) Figure 5. Hydraulic Power Steering Image Figure 6. Global Hydraulic Power Steering Sales YoY Growth (2021-2032) & (k units) Figure 7. Electric Power Steering Image Figure 8. Global Electric Power Steering Sales YoY Growth (2021-2032) & (k units) Figure 9. Others Image Figure 10. Global Others Sales YoY Growth (2021-2032) & (k units) Figure 11. Global Automotive Power Steering Market Size Overview by Type (2021-2032) & (US$ Million) Figure 12. Global Automotive Power Steering Market Share by Type 2025 VS 2032 Figure 13. North America Automotive Power Steering Sales Market Share in Volume by Type in 2025 Figure 14. North America Automotive Power Steering Sales Market Share in Value by Type in 2025 Figure 15. Europe Automotive Power Steering Sales Market Share in Volume by Type in 2025 Figure 16. Europe Automotive Power Steering Sales Market Share in Value by Type in 2025 Figure 17. Asia-Pacific Automotive Power Steering Sales Market Share in Volume by Type in 2025 Figure 18. Asia-Pacific Automotive Power Steering Sales Market Share in Value by Type in 2025 Figure 19. Latin America Automotive Power Steering Sales Market Share in Volume by Type in 2025 Figure 20. Latin America Automotive Power Steering Sales Market Share in Value by Type in 2025 Figure 21. Middle East and Africa Automotive Power Steering Sales Market Share in Volume by Type in 2025 Figure 22. Middle East and Africa Automotive Power Steering Sales Market Share in Value by Type in 2025 Figure 23. Global Top 5 and 10 Automotive Power Steering Players Market Share by Revenue in 2025 Figure 24. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 25. Passenger Cars Image Figure 26. Global Passenger Cars Sales YoY Growth (2021-2032) & (k units) Figure 27. Commercial Vehicles Image Figure 28. Global Commercial Vehicles Sales YoY Growth (2021-2032) & (k units) Figure 29. Global Automotive Power Steering Market Size Overview by Application (2021-2032) & (US$ Million) Figure 30. Global Automotive Power Steering Market Share by Application 2025 VS 2032 Figure 31. North America Automotive Power Steering Sales Market Share in Volume by Application in 2025 Figure 32. North America Automotive Power Steering Sales Market Share in Value by Application in 2025 Figure 33. Europe Automotive Power Steering Sales Market Share in Volume by Application in 2025 Figure 34. Europe Automotive Power Steering Sales Market Share in Value by Application in 2025 Figure 35. Asia-Pacific Automotive Power Steering Sales Market Share in Volume by Application in 2025 Figure 36. Asia-Pacific Automotive Power Steering Sales Market Share in Value by Application in 2025 Figure 37. Latin America Automotive Power Steering Sales Market Share in Volume by Application in 2025 Figure 38. Latin America Automotive Power Steering Sales Market Share in Value by Application in 2025 Figure 39. Middle East and Africa Automotive Power Steering Sales Market Share in Volume by Application in 2025 Figure 40. Middle East and Africa Automotive Power Steering Sales Market Share in Value by Application in 2025 Figure 41. North America Automotive Power Steering Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 42. North America Automotive Power Steering Sales Share by Country: 2021 VS 2025 VS 2032 Figure 43. North America Automotive Power Steering Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 44. North America Automotive Power Steering Market Share by Country: 2021 VS 2025 VS 2032 Figure 45. Europe Automotive Power Steering Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 46. Europe Automotive Power Steering Sales Share by Country: 2021 VS 2025 VS 2032 Figure 47. Europe Automotive Power Steering Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 48. Europe Automotive Power Steering Market Share by Country: 2021 VS 2025 VS 2032 Figure 49. Asia-Pacific Automotive Power Steering Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 50. Asia-Pacific Automotive Power Steering Sales Share by Country: 2021 VS 2025 VS 2032 Figure 51. Asia-Pacific Automotive Power Steering Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 52. Asia-Pacific Automotive Power Steering Market Share by Country: 2021 VS 2025 VS 2032 Figure 53. Latin America Automotive Power Steering Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 54. Latin America Automotive Power Steering Sales Share by Country: 2021 VS 2025 VS 2032 Figure 55. Latin America Automotive Power Steering Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 56. Latin America Automotive Power Steering Market Share by Country: 2021 VS 2025 VS 2032 Figure 57. Middle East and Africa Automotive Power Steering Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 58. Middle East and Africa Automotive Power Steering Sales Share by Country: 2021 VS 2025 VS 2032 Figure 59. Middle East and Africa Automotive Power Steering Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 60. Middle East and Africa Automotive Power Steering Market Share by Country: 2021 VS 2025 VS 2032 Figure 61. Automotive Power Steering Value Chain Figure 62. Key Raw Materials Price Figure 63. Manufacturing Cost Structure Figure 64. Automotive Power Steering Production Mode & Process Figure 65. Direct Comparison with Distribution Share Figure 66. Distributors Profiles Figure 67. Years Considered Figure 68. Research Process Figure 69. Key Executives Interviewed

Scope & coverage.

Types
  • Hydraulic Power Steering
  • Electric Power Steering
  • Others
Applications
  • Passenger Cars
  • Commercial Vehicles
Companies covered
  • China Automotive Systems (China)
  • Dongfeng Motor Parts And Components Group (China)
  • Fawer Automotive Parts (China)
  • GAC Component (China)
  • Hitachi Automotive Systems (Japan)
  • Hyundai WIA (Korea)
  • JTEKT (Japan)
  • Bosch (Germany)
  • Nexteer (USA)
  • Thyssenkrupp (Germany)

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Automotive Power Steering Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Automotive Power Steering Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Automotive Power Steering Market by Type
  6. 1.3.1 Hydraulic Power Steering
  7. 1.3.2 Electric Power Steering
  8. 1.3.3 Others
  9. 1.4 Global Automotive Power Steering Market Size by Type
  10. 1.4.1 Global Automotive Power Steering Market Size Overview by Type (2021-2032)
  11. 1.4.2 Global Automotive Power Steering Historic Market Size Review by Type (2021-2026)
  12. 1.4.3 Global Automotive Power Steering Forecasted Market Size by Type (2027-2032)
  13. 1.5 Key Regions Market Size by Type
  14. 1.5.1 North America Automotive Power Steering Sales Breakdown by Type (2021-2026)
  15. 1.5.2 Europe Automotive Power Steering Sales Breakdown by Type (2021-2026)
  16. 1.5.3 Asia-Pacific Automotive Power Steering Sales Breakdown by Type (2021-2026)
  17. 1.5.4 South America Automotive Power Steering Sales Breakdown by Type (2021-2026)
  18. 1.5.5 Middle East and Africa Automotive Power Steering Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Automotive Power Steering Industry Trends
  2. 2.2 Automotive Power Steering Industry Drivers
  3. 2.3 Automotive Power Steering Industry Opportunities and Challenges
  4. 2.4 Automotive Power Steering Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Automotive Power Steering Revenue (2021-2026)
  2. 3.2 Global Top Players by Automotive Power Steering Sales (2021-2026)
  3. 3.3 Global Top Players by Automotive Power Steering Price (2021-2026)
  4. 3.4 Global Automotive Power Steering Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Automotive Power Steering Major Company Production Sites & Headquarters
  6. 3.6 Global Automotive Power Steering Company, Product Type & Application
  7. 3.7 Global Automotive Power Steering Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Automotive Power Steering Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Automotive Power Steering Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Automotive Power Steering Tier 1, Tier 2, and Tier 3
4 Automotive Power Steering Regional Status and Outlook
  1. 4.1 Global Automotive Power Steering Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Automotive Power Steering Historic Market Size by Region
  3. 4.2.1 Global Automotive Power Steering Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Automotive Power Steering Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Automotive Power Steering Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Automotive Power Steering Forecasted Market Size by Region
  7. 4.3.1 Global Automotive Power Steering Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Automotive Power Steering Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Automotive Power Steering Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Automotive Power Steering by Application
  1. 5.1 Automotive Power Steering Market by Application
  2. 5.1.1 Passenger Cars
  3. 5.1.2 Commercial Vehicles
  4. 5.2 Global Automotive Power Steering Market Size by Application
  5. 5.2.1 Global Automotive Power Steering Market Size Overview by Application (2021-2032)
  6. 5.2.2 Global Automotive Power Steering Historic Market Size Review by Application (2021-2026)
  7. 5.2.3 Global Automotive Power Steering Forecasted Market Size by Application (2027-2032)
  8. 5.3 Key Regions Market Size by Application
  9. 5.3.1 North America Automotive Power Steering Sales Breakdown by Application (2021-2026)
  10. 5.3.2 Europe Automotive Power Steering Sales Breakdown by Application (2021-2026)
  11. 5.3.3 Asia-Pacific Automotive Power Steering Sales Breakdown by Application (2021-2026)
  12. 5.3.4 South America Automotive Power Steering Sales Breakdown by Application (2021-2026)
  13. 5.3.5 Middle East and Africa Automotive Power Steering Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 China Automotive Systems (China)
  2. 6.1.1 China Automotive Systems (China) Company Information
  3. 6.1.2 China Automotive Systems (China) Business Overview
  4. 6.1.3 China Automotive Systems (China) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 China Automotive Systems (China) Automotive Power Steering Product Portfolio
  6. 6.1.5 China Automotive Systems (China) Recent Developments
  7. 6.2 Dongfeng Motor Parts And Components Group (China)
  8. 6.2.1 Dongfeng Motor Parts And Components Group (China) Company Information
  9. 6.2.2 Dongfeng Motor Parts And Components Group (China) Business Overview
  10. 6.2.3 Dongfeng Motor Parts And Components Group (China) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Dongfeng Motor Parts And Components Group (China) Automotive Power Steering Product Portfolio
  12. 6.2.5 Dongfeng Motor Parts And Components Group (China) Recent Developments
  13. 6.3 Fawer Automotive Parts (China)
  14. 6.3.1 Fawer Automotive Parts (China) Company Information
  15. 6.3.2 Fawer Automotive Parts (China) Business Overview
  16. 6.3.3 Fawer Automotive Parts (China) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Fawer Automotive Parts (China) Automotive Power Steering Product Portfolio
  18. 6.3.5 Fawer Automotive Parts (China) Recent Developments
  19. 6.4 GAC Component (China)
  20. 6.4.1 GAC Component (China) Company Information
  21. 6.4.2 GAC Component (China) Business Overview
  22. 6.4.3 GAC Component (China) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 GAC Component (China) Automotive Power Steering Product Portfolio
  24. 6.4.5 GAC Component (China) Recent Developments
  25. 6.5 Hitachi Automotive Systems (Japan)
  26. 6.5.1 Hitachi Automotive Systems (Japan) Company Information
  27. 6.5.2 Hitachi Automotive Systems (Japan) Business Overview
  28. 6.5.3 Hitachi Automotive Systems (Japan) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Hitachi Automotive Systems (Japan) Automotive Power Steering Product Portfolio
  30. 6.5.5 Hitachi Automotive Systems (Japan) Recent Developments
  31. 6.6 Hyundai WIA (Korea)
  32. 6.6.1 Hyundai WIA (Korea) Company Information
  33. 6.6.2 Hyundai WIA (Korea) Business Overview
  34. 6.6.3 Hyundai WIA (Korea) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Hyundai WIA (Korea) Automotive Power Steering Product Portfolio
  36. 6.6.5 Hyundai WIA (Korea) Recent Developments
  37. 6.7 JTEKT (Japan)
  38. 6.7.1 JTEKT (Japan) Company Information
  39. 6.7.2 JTEKT (Japan) Business Overview
  40. 6.7.3 JTEKT (Japan) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 JTEKT (Japan) Automotive Power Steering Product Portfolio
  42. 6.7.5 JTEKT (Japan) Recent Developments
  43. 6.8 Bosch (Germany)
  44. 6.8.1 Bosch (Germany) Company Information
  45. 6.8.2 Bosch (Germany) Business Overview
  46. 6.8.3 Bosch (Germany) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Bosch (Germany) Automotive Power Steering Product Portfolio
  48. 6.8.5 Bosch (Germany) Recent Developments
  49. 6.9 Nexteer (USA)
  50. 6.9.1 Nexteer (USA) Company Information
  51. 6.9.2 Nexteer (USA) Business Overview
  52. 6.9.3 Nexteer (USA) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Nexteer (USA) Automotive Power Steering Product Portfolio
  54. 6.9.5 Nexteer (USA) Recent Developments
  55. 6.10 Thyssenkrupp (Germany)
  56. 6.10.1 Thyssenkrupp (Germany) Company Information
  57. 6.10.2 Thyssenkrupp (Germany) Business Overview
  58. 6.10.3 Thyssenkrupp (Germany) Automotive Power Steering Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Thyssenkrupp (Germany) Automotive Power Steering Product Portfolio
  60. 6.10.5 Thyssenkrupp (Germany) Recent Developments
7 North America by Country
  1. 7.1 North America Automotive Power Steering Sales by Country
  2. 7.1.1 North America Automotive Power Steering Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Automotive Power Steering Sales by Country (2021-2026)
  4. 7.1.3 North America Automotive Power Steering Sales Forecast by Country (2027-2032)
  5. 7.2 North America Automotive Power Steering Market Size by Country
  6. 7.2.1 North America Automotive Power Steering Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Automotive Power Steering Market Size by Country (2021-2026)
  8. 7.2.3 North America Automotive Power Steering Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Automotive Power Steering Sales by Country
  2. 8.1.1 Europe Automotive Power Steering Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Automotive Power Steering Sales by Country (2021-2026)
  4. 8.1.3 Europe Automotive Power Steering Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Automotive Power Steering Market Size by Country
  6. 8.2.1 Europe Automotive Power Steering Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Automotive Power Steering Market Size by Country (2021-2026)
  8. 8.2.3 Europe Automotive Power Steering Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Automotive Power Steering Sales by Country
  2. 9.1.1 Asia-Pacific Automotive Power Steering Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Automotive Power Steering Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Automotive Power Steering Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Automotive Power Steering Market Size by Country
  6. 9.2.1 Asia-Pacific Automotive Power Steering Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Automotive Power Steering Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Automotive Power Steering Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Automotive Power Steering Sales by Country
  2. 10.1.1 South America Automotive Power Steering Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Automotive Power Steering Sales by Country (2021-2026)
  4. 10.1.3 South America Automotive Power Steering Sales Forecast by Country (2027-2032)
  5. 10.2 South America Automotive Power Steering Market Size by Country
  6. 10.2.1 South America Automotive Power Steering Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Automotive Power Steering Market Size by Country (2021-2026)
  8. 10.2.3 South America Automotive Power Steering Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Automotive Power Steering Sales by Country
  2. 11.1.1 Middle East and Africa Automotive Power Steering Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Automotive Power Steering Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Automotive Power Steering Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Automotive Power Steering Market Size by Country
  6. 11.2.1 Middle East and Africa Automotive Power Steering Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Automotive Power Steering Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Automotive Power Steering Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Automotive Power Steering Value Chain Analysis
  2. 12.1.1 Automotive Power Steering Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Automotive Power Steering Production Mode & Process
  7. 12.2 Automotive Power Steering Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Automotive Power Steering Distributors
  10. 12.2.3 Automotive Power Steering Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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