Selected research
Market Structure
Global Automotive Power Steering Systems Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Automotive Power Steering Systems 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 Automotive Power Steering Systems 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 Automotive Power Steering Systems 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 Automotive Power Steering Systems 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 Automotive Power Steering Systems 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 Systems include Robert Bosch Automotive Steering GmbH, Mitsubishi Electric Corporation, JTEKT Corporation, ThyssenKrupp Presta AG, Autoliv and Daimler AG, 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 Automotive Power Steering Systems 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 Automotive Power Steering Systems 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 Automotive Power Steering Systems 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 Automotive Power Steering Systems market size, projected growth trends, production technologies, key applications, and end-use industries.
Automotive Power Steering Systems Segment by Company
Robert Bosch Automotive Steering GmbH
Mitsubishi Electric Corporation
JTEKT Corporation
ThyssenKrupp Presta AG
Autoliv
Daimler AG
Automotive Power Steering Systems Segment by Type
Electronic Power Steering (EPS)
Hydraulic Power Steering (HPS)
Electronic & Hydraulic Power Steering (EHPS)
Automotive Power Steering Systems Segment by Application
Original Equipment Manufacturers (OEMS)
Aftermarket
Automotive Power Steering Systems 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 Automotive Power Steering Systems 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 Systems 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 Systems.
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 Automotive Power Steering Systems 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 Automotive Power Steering Systems industry.
Chapter 3: Detailed analysis of Automotive Power Steering Systems 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, Automotive Power Steering Systemsrevenue, 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
- Electronic Power Steering (EPS)
- Hydraulic Power Steering (HPS)
- Electronic & Hydraulic Power Steering (EHPS)
Applications
- Original Equipment Manufacturers (OEMS)
- Aftermarket
Companies covered
- Robert Bosch Automotive Steering GmbH
- Mitsubishi Electric Corporation
- JTEKT Corporation
- ThyssenKrupp Presta AG
- Autoliv
- Daimler AG
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Market Analysis by Type
- 1.2.1 Global Automotive Power Steering Systems Market Size Growth Rate by Type: 2021 VS 2025 VS 2032
- 1.2.2 Electronic Power Steering (EPS)
- 1.2.3 Hydraulic Power Steering (HPS)
- 1.2.4 Electronic & Hydraulic Power Steering (EHPS)
- 1.3 Market Analysis by Application
- 1.3.1 Global Automotive Power Steering Systems Market Size Growth Rate by Application: 2021 VS 2025 VS 2032
- 1.3.2 Original Equipment Manufacturers (OEMS)
- 1.3.3 Aftermarket
- 1.4 Global Market Growth Prospects
- 1.5 Global Automotive Power Steering Systems Growth Trends by Region
- 1.5.1 Global Automotive Power Steering Systems Market Size by Region: 2021 VS 2025 VS 2032
- 1.5.2 Automotive Power Steering Systems Market Size by Region (2021-2026)
- 1.5.3 Automotive Power Steering Systems Market Size by Region (2027-2032)
- 1.6 Assumptions and Limitations
- 1.7 Study Goals and Objectives
- 1.8 Years Considered
2 Global Automotive Power Steering Systems Market Dynamics
- 2.1 Automotive Power Steering Systems Industry Trends
- 2.2 Automotive Power Steering Systems Industry Drivers
- 2.3 Automotive Power Steering Systems Industry Opportunities and Challenges
- 2.4 Automotive Power Steering Systems Industry Restraints
3 Competitive Landscape by Company
- 3.1 Global Automotive Power Steering Systems Revenue by Company (2021-2026)
- 3.2 Global Automotive Power Steering Systems Players Revenue Ranking, 2024 VS 2025 VS 2026
- 3.3 Global Automotive Power Steering Systems Key Company Head office and Area Served
- 3.4 Global Automotive Power Steering Systems Company, Product Type & Application
- 3.5 Global Automotive Power Steering Systems Company Establishment Date
- 3.6 Market Competitive Analysis
- 3.6.1 Global Automotive Power Steering Systems Market CR5 and HHI
- 3.6.2 Global Top 5 and 10 Automotive Power Steering Systems Players Market Share by Revenue in 2025
- 3.6.3 2025 Automotive Power Steering Systems Tier 1, Tier 2, and Tier 3
4 Automotive Power Steering Systems Market by Type
- 4.1 Global Automotive Power Steering Systems Market Size by Type (2021 VS 2025 VS 2032)
- 4.2 Global Automotive Power Steering Systems Market Size by Type (2021-2032)
- 4.3 Global Automotive Power Steering Systems Market Size Share by Type (2021-2032)
5 Automotive Power Steering Systems Market by Application
- 5.1 Global Automotive Power Steering Systems Market Size by Application (2021 VS 2025 VS 2032)
- 5.2 Global Automotive Power Steering Systems Market Size by Application (2021-2032)
- 5.3 Global Automotive Power Steering Systems Market Size Share by Application (2021-2032)
6 Company Profiles
- 6.1 Robert Bosch Automotive Steering GmbH
- 6.1.1 Robert Bosch Automotive Steering GmbH Company Information
- 6.1.2 Robert Bosch Automotive Steering GmbH Business Overview
- 6.1.3 Robert Bosch Automotive Steering GmbH Automotive Power Steering Systems Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.1.4 Robert Bosch Automotive Steering GmbH Automotive Power Steering Systems Product Portfolio
- 6.1.5 Robert Bosch Automotive Steering GmbH Recent Developments
- 6.2 Mitsubishi Electric Corporation
- 6.2.1 Mitsubishi Electric Corporation Company Information
- 6.2.2 Mitsubishi Electric Corporation Business Overview
- 6.2.3 Mitsubishi Electric Corporation Automotive Power Steering Systems Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.2.4 Mitsubishi Electric Corporation Automotive Power Steering Systems Product Portfolio
- 6.2.5 Mitsubishi Electric Corporation Recent Developments
- 6.3 JTEKT Corporation
- 6.3.1 JTEKT Corporation Company Information
- 6.3.2 JTEKT Corporation Business Overview
- 6.3.3 JTEKT Corporation Automotive Power Steering Systems Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.3.4 JTEKT Corporation Automotive Power Steering Systems Product Portfolio
- 6.3.5 JTEKT Corporation Recent Developments
- 6.4 ThyssenKrupp Presta AG
- 6.4.1 ThyssenKrupp Presta AG Company Information
- 6.4.2 ThyssenKrupp Presta AG Business Overview
- 6.4.3 ThyssenKrupp Presta AG Automotive Power Steering Systems Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.4.4 ThyssenKrupp Presta AG Automotive Power Steering Systems Product Portfolio
- 6.4.5 ThyssenKrupp Presta AG Recent Developments
- 6.5 Autoliv
- 6.5.1 Autoliv Company Information
- 6.5.2 Autoliv Business Overview
- 6.5.3 Autoliv Automotive Power Steering Systems Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.5.4 Autoliv Automotive Power Steering Systems Product Portfolio
- 6.5.5 Autoliv Recent Developments
- 6.6 Daimler AG
- 6.6.1 Daimler AG Company Information
- 6.6.2 Daimler AG Business Overview
- 6.6.3 Daimler AG Automotive Power Steering Systems Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.6.4 Daimler AG Automotive Power Steering Systems Product Portfolio
- 6.6.5 Daimler AG Recent Developments
7 North America
- 7.1 North America Automotive Power Steering Systems Market Size (2021-2032)
- 7.2 North America Automotive Power Steering Systems Market Size by Type
- 7.2.1 North America Automotive Power Steering Systems Market Size by Type (2021-2026)
- 7.2.2 North America Automotive Power Steering Systems Market Size by Type (2027-2032)
- 7.2.3 North America Automotive Power Steering Systems Market Share by Type (2021-2032)
- 7.3 North America Automotive Power Steering Systems Market Size by Application
- 7.3.1 North America Automotive Power Steering Systems Market Size by Application (2021-2026)
- 7.3.2 North America Automotive Power Steering Systems Market Size by Application (2027-2032)
- 7.3.3 North America Automotive Power Steering Systems Market Share by Application (2021-2032)
- 7.4 North America Automotive Power Steering Systems Market Size by Country
- 7.4.1 North America Automotive Power Steering Systems Market Size by Country (2021 VS 2025 VS 2032)
- 7.4.2 North America Automotive Power Steering Systems Market Size by Country (2021-2026)
- 7.4.3 North America Automotive Power Steering Systems Market Size by Country (2027-2032)
- 7.4.4 North America Automotive Power Steering Systems Market Share by Country (2021-2032)
- 7.4.5 United States
- 7.4.6 Canada
- 7.4.7 Mexico
8 Europe
- 8.1 Europe Automotive Power Steering Systems Market Size (2021-2032)
- 8.2 Europe Automotive Power Steering Systems Market Size by Type
- 8.2.1 Europe Automotive Power Steering Systems Market Size by Type (2021-2026)
- 8.2.2 Europe Automotive Power Steering Systems Market Size by Type (2027-2032)
- 8.2.3 Europe Automotive Power Steering Systems Market Share by Type (2021-2032)
- 8.3 Europe Automotive Power Steering Systems Market Size by Application
- 8.3.1 Europe Automotive Power Steering Systems Market Size by Application (2021-2026)
- 8.3.2 Europe Automotive Power Steering Systems Market Size by Application (2027-2032)
- 8.3.3 Europe Automotive Power Steering Systems Market Share by Application (2021-2032)
- 8.4 Europe Automotive Power Steering Systems Market Size by Country
- 8.4.1 Europe Automotive Power Steering Systems Market Size by Country (2021 VS 2025 VS 2032)
- 8.4.2 Europe Automotive Power Steering Systems Market Size by Country (2021-2026)
- 8.4.3 Europe Automotive Power Steering Systems Market Size by Country (2027-2032)
- 8.4.4 Europe Automotive Power Steering Systems 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 Automotive Power Steering Systems Market Size (2021-2032)
- 9.2 China Automotive Power Steering Systems Market Size by Type
- 9.2.1 China Automotive Power Steering Systems Market Size by Type (2021-2026)
- 9.2.2 China Automotive Power Steering Systems Market Size by Type (2027-2032)
- 9.2.3 China Automotive Power Steering Systems Market Share by Type (2021-2032)
- 9.3 China Automotive Power Steering Systems Market Size by Application
- 9.3.1 China Automotive Power Steering Systems Market Size by Application (2021-2026)
- 9.3.2 China Automotive Power Steering Systems Market Size by Application (2027-2032)
- 9.3.3 China Automotive Power Steering Systems Market Share by Application (2021-2032)
10 Asia (Excluding China)
- 10.1 Asia Automotive Power Steering Systems Market Size (2021-2032)
- 10.2 Asia Automotive Power Steering Systems Market Size by Type
- 10.2.1 Asia Automotive Power Steering Systems Market Size by Type (2021-2026)
- 10.2.2 Asia Automotive Power Steering Systems Market Size by Type (2027-2032)
- 10.2.3 Asia Automotive Power Steering Systems Market Share by Type (2021-2032)
- 10.3 Asia Automotive Power Steering Systems Market Size by Application
- 10.3.1 Asia Automotive Power Steering Systems Market Size by Application (2021-2026)
- 10.3.2 Asia Automotive Power Steering Systems Market Size by Application (2027-2032)
- 10.3.3 Asia Automotive Power Steering Systems Market Share by Application (2021-2032)
- 10.4 Asia Automotive Power Steering Systems Market Size by Country
- 10.4.1 Asia Automotive Power Steering Systems Market Size by Country (2021 VS 2025 VS 2032)
- 10.4.2 Asia Automotive Power Steering Systems Market Size by Country (2021-2026)
- 10.4.3 Asia Automotive Power Steering Systems Market Size by Country (2027-2032)
- 10.4.4 Asia Automotive Power Steering Systems 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 Automotive Power Steering Systems Market Size (2021-2032)
- 11.2 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Type
- 11.2.1 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Type (2021-2026)
- 11.2.2 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Type (2027-2032)
- 11.2.3 South America, Middle East & Africa Automotive Power Steering Systems Market Share by Type (2021-2032)
- 11.3 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Application
- 11.3.1 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Application (2021-2026)
- 11.3.2 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Application (2027-2032)
- 11.3.3 South America, Middle East & Africa Automotive Power Steering Systems Market Share by Application (2021-2032)
- 11.4 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Country
- 11.4.1 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Country (2021 VS 2025 VS 2032)
- 11.4.2 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Country (2021-2026)
- 11.4.3 South America, Middle East & Africa Automotive Power Steering Systems Market Size by Country (2027-2032)
- 11.4.4 South America, Middle East & Africa Automotive Power Steering Systems 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
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst