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The latest trend gaining momentum in the market is growing pursuit of electrohydraulic power steering in HCVS. As part of the electrification trend in the automotive industry, energy saving is one of the most important concerns for the development of new vehicles, especially for power steering systems. In a hydraulic power steering system, 70% of the fuel gets consumed by hydraulics, which can be avoided. Hence, the application of more advanced power steering systems such as electric power steering and electrohydraulic power steering can help achieve fuel economy. The global market for Automotive Power Steering Gears was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022. Report Scope This report aims to provide a comprehensive presentation of the global market for Automotive Power Steering Gears, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Automotive Power Steering Gears by region & country, by Type, and by Application. The Automotive Power Steering Gears market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Automotive Power Steering Gears. Market Segmentation
Report Metric
Details
Report Title
Automotive Power Steering Gears - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Automotive Power Steering Gears Companies Covered
JTEKT, Bosch, NSK, Nexteer, ZF, Mobis, Showa, Thyssenkrupp, Mando
Global Automotive Power Steering Gears Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Power Steering Gears Market, Segment by Type
Hydraulic Power Steering
Electric Power Steering
Other
Global Automotive Power Steering Gears Market, Segment by Application
Passenger Car
Commercial Vehicle
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Automotive Power Steering Gears manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 3: 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 4: 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 5: Sales, revenue of Automotive Power Steering Gears in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world. Chapter 6: Sales, revenue of Automotive Power Steering Gears in country level. It provides sigmate data by Type, and by Application for each country/region. 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: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 9: Conclusion.
1 Market Overview
1.1 Automotive Power Steering Gears Product Introduction
1.2 Global Automotive Power Steering Gears Market Size Forecast
1.2.1 Global Automotive Power Steering Gears Sales Value (2019-2030)
1.2.2 Global Automotive Power Steering Gears Sales Volume (2019-2030)
1.2.3 Global Automotive Power Steering Gears Sales Price (2019-2030)
1.3 Automotive Power Steering Gears Market Trends & Drivers
1.3.1 Automotive Power Steering Gears Industry Trends
1.3.2 Automotive Power Steering Gears Market Drivers & Opportunity
1.3.3 Automotive Power Steering Gears Market Challenges
1.3.4 Automotive Power Steering Gears Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Automotive Power Steering Gears Players Revenue Ranking (2023)
2.2 Global Automotive Power Steering Gears Revenue by Company (2019-2024)
2.3 Global Automotive Power Steering Gears Players Sales Volume Ranking (2023)
2.4 Global Automotive Power Steering Gears Sales Volume by Company Players (2019-2024)
2.5 Global Automotive Power Steering Gears Average Price by Company (2019-2024)
2.6 Key Manufacturers Automotive Power Steering Gears Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Automotive Power Steering Gears Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Automotive Power Steering Gears
2.9 Automotive Power Steering Gears Market Competitive Analysis
2.9.1 Automotive Power Steering Gears Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Automotive Power Steering Gears Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Power Steering Gears as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Hydraulic Power Steering
3.1.2 Electric Power Steering
3.1.3 Other
3.2 Global Automotive Power Steering Gears Sales Value by Type
3.2.1 Global Automotive Power Steering Gears Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Automotive Power Steering Gears Sales Value, by Type (2019-2030)
3.2.3 Global Automotive Power Steering Gears Sales Value, by Type (%) (2019-2030)
3.3 Global Automotive Power Steering Gears Sales Volume by Type
3.3.1 Global Automotive Power Steering Gears Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Automotive Power Steering Gears Sales Volume, by Type (2019-2030)
3.3.3 Global Automotive Power Steering Gears Sales Volume, by Type (%) (2019-2030)
3.4 Global Automotive Power Steering Gears Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicle
4.2 Global Automotive Power Steering Gears Sales Value by Application
4.2.1 Global Automotive Power Steering Gears Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Automotive Power Steering Gears Sales Value, by Application (2019-2030)
4.2.3 Global Automotive Power Steering Gears Sales Value, by Application (%) (2019-2030)
4.3 Global Automotive Power Steering Gears Sales Volume by Application
4.3.1 Global Automotive Power Steering Gears Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Automotive Power Steering Gears Sales Volume, by Application (2019-2030)
4.3.3 Global Automotive Power Steering Gears Sales Volume, by Application (%) (2019-2030)
4.4 Global Automotive Power Steering Gears Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Automotive Power Steering Gears Sales Value by Region
5.1.1 Global Automotive Power Steering Gears Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Automotive Power Steering Gears Sales Value by Region (2019-2024)
5.1.3 Global Automotive Power Steering Gears Sales Value by Region (2025-2030)
5.1.4 Global Automotive Power Steering Gears Sales Value by Region (%), (2019-2030)
5.2 Global Automotive Power Steering Gears Sales Volume by Region
5.2.1 Global Automotive Power Steering Gears Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Automotive Power Steering Gears Sales Volume by Region (2019-2024)
5.2.3 Global Automotive Power Steering Gears Sales Volume by Region (2025-2030)
5.2.4 Global Automotive Power Steering Gears Sales Volume by Region (%), (2019-2030)
5.3 Global Automotive Power Steering Gears Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Automotive Power Steering Gears Sales Value, 2019-2030
5.4.2 North America Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Automotive Power Steering Gears Sales Value, 2019-2030
5.5.2 Europe Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Automotive Power Steering Gears Sales Value, 2019-2030
5.6.2 Asia Pacific Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Automotive Power Steering Gears Sales Value, 2019-2030
5.7.2 South America Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Automotive Power Steering Gears Sales Value, 2019-2030
5.8.2 Middle East & Africa Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Automotive Power Steering Gears Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Automotive Power Steering Gears Sales Value
6.2.1 Key Countries/Regions Automotive Power Steering Gears Sales Value, 2019-2030
6.2.2 Key Countries/Regions Automotive Power Steering Gears Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Automotive Power Steering Gears Sales Value, 2019-2030
6.3.2 United States Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Automotive Power Steering Gears Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Automotive Power Steering Gears Sales Value, 2019-2030
6.4.2 Europe Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Automotive Power Steering Gears Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Automotive Power Steering Gears Sales Value, 2019-2030
6.5.2 China Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030
6.5.3 China Automotive Power Steering Gears Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Automotive Power Steering Gears Sales Value, 2019-2030
6.6.2 Japan Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Automotive Power Steering Gears Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Automotive Power Steering Gears Sales Value, 2019-2030
6.7.2 South Korea Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Automotive Power Steering Gears Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Automotive Power Steering Gears Sales Value, 2019-2030
6.8.2 Southeast Asia Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Automotive Power Steering Gears Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Automotive Power Steering Gears Sales Value, 2019-2030
6.9.2 India Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030
6.9.3 India Automotive Power Steering Gears Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 JTEKT
7.1.1 JTEKT Company Information
7.1.2 JTEKT Introduction and Business Overview
7.1.3 JTEKT Automotive Power Steering Gears Sales, Revenue and Gross Margin (2019-2024)
7.1.4 JTEKT Automotive Power Steering Gears Product Offerings
7.1.5 JTEKT Recent Development
7.2 Bosch
7.2.1 Bosch Company Information
7.2.2 Bosch Introduction and Business Overview
7.2.3 Bosch Automotive Power Steering Gears Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Bosch Automotive Power Steering Gears Product Offerings
7.2.5 Bosch Recent Development
7.3 NSK
7.3.1 NSK Company Information
7.3.2 NSK Introduction and Business Overview
7.3.3 NSK Automotive Power Steering Gears Sales, Revenue and Gross Margin (2019-2024)
7.3.4 NSK Automotive Power Steering Gears Product Offerings
7.3.5 NSK Recent Development
7.4 Nexteer
7.4.1 Nexteer Company Information
7.4.2 Nexteer Introduction and Business Overview
7.4.3 Nexteer Automotive Power Steering Gears Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Nexteer Automotive Power Steering Gears Product Offerings
7.4.5 Nexteer Recent Development
7.5 ZF
7.5.1 ZF Company Information
7.5.2 ZF Introduction and Business Overview
7.5.3 ZF Automotive Power Steering Gears Sales, Revenue and Gross Margin (2019-2024)
7.5.4 ZF Automotive Power Steering Gears Product Offerings
7.5.5 ZF Recent Development
7.6 Mobis
7.6.1 Mobis Company Information
7.6.2 Mobis Introduction and Business Overview
7.6.3 Mobis Automotive Power Steering Gears Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Mobis Automotive Power Steering Gears Product Offerings
7.6.5 Mobis Recent Development
7.7 Showa
7.7.1 Showa Company Information
7.7.2 Showa Introduction and Business Overview
7.7.3 Showa Automotive Power Steering Gears Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Showa Automotive Power Steering Gears Product Offerings
7.7.5 Showa Recent Development
7.8 Thyssenkrupp
7.8.1 Thyssenkrupp Company Information
7.8.2 Thyssenkrupp Introduction and Business Overview
7.8.3 Thyssenkrupp Automotive Power Steering Gears Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Thyssenkrupp Automotive Power Steering Gears Product Offerings
7.8.5 Thyssenkrupp Recent Development
7.9 Mando
7.9.1 Mando Company Information
7.9.2 Mando Introduction and Business Overview
7.9.3 Mando Automotive Power Steering Gears Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Mando Automotive Power Steering Gears Product Offerings
7.9.5 Mando Recent Development
8 Industry Chain Analysis
8.1 Automotive Power Steering Gears Industrial Chain
8.2 Automotive Power Steering Gears Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Automotive Power Steering Gears Sales Model
8.5.2 Sales Channel
8.5.3 Automotive Power Steering Gears Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
List of Tables Table 1. Automotive Power Steering Gears Market Trends Table 2. Automotive Power Steering Gears Market Drivers & Opportunity Table 3. Automotive Power Steering Gears Market Challenges Table 4. Automotive Power Steering Gears Market Restraints Table 5. Global Automotive Power Steering Gears Revenue by Company (2019-2024) & (US$ Million) Table 6. Global Automotive Power Steering Gears Revenue Market Share by Company (2019-2024) Table 7. Global Automotive Power Steering Gears Sales Volume by Company (2019-2024) & (K Units) Table 8. Global Automotive Power Steering Gears Sales Volume Market Share by Company (2019-2024) Table 9. Global Market Automotive Power Steering Gears Price by Company (2019-2024) & (USD/Unit) Table 10. Key Manufacturers Automotive Power Steering Gears Manufacturing Base Distribution and Headquarters Table 11. Key Manufacturers Automotive Power Steering Gears Product Type Table 12. Key Manufacturers Time to Begin Mass Production of Automotive Power Steering Gears Table 13. Global Automotive Power Steering Gears Manufacturers Market Concentration Ratio (CR5 and HHI) Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Power Steering Gears as of 2023) Table 15. Mergers & Acquisitions, Expansion Plans Table 16. Global Automotive Power Steering Gears Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million) Table 17. Global Automotive Power Steering Gears Sales Value by Type (2019-2024) & (US$ Million) Table 18. Global Automotive Power Steering Gears Sales Value by Type (2025-2030) & (US$ Million) Table 19. Global Automotive Power Steering Gears Sales Market Share in Value by Type (2019-2024) & (%) Table 20. Global Automotive Power Steering Gears Sales Market Share in Value by Type (2025-2030) & (%) Table 21. Global Automotive Power Steering Gears Sales Volume by Type: 2019 VS 2023 VS 2030 (K Units) Table 22. Global Automotive Power Steering Gears Sales Volume by Type (2019-2024) & (K Units) Table 23. Global Automotive Power Steering Gears Sales Volume by Type (2025-2030) & (K Units) Table 24. Global Automotive Power Steering Gears Sales Market Share in Volume by Type (2019-2024) & (%) Table 25. Global Automotive Power Steering Gears Sales Market Share in Volume by Type (2025-2030) & (%) Table 26. Global Automotive Power Steering Gears Price by Type (2019-2024) & (USD/Unit) Table 27. Global Automotive Power Steering Gears Price by Type (2025-2030) & (USD/Unit) Table 28. Global Automotive Power Steering Gears Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million) Table 29. Global Automotive Power Steering Gears Sales Value by Application (2019-2024) & (US$ Million) Table 30. Global Automotive Power Steering Gears Sales Value by Application (2025-2030) & (US$ Million) Table 31. Global Automotive Power Steering Gears Sales Market Share in Value by Application (2019-2024) & (%) Table 32. Global Automotive Power Steering Gears Sales Market Share in Value by Application (2025-2030) & (%) Table 33. Global Automotive Power Steering Gears Sales Volume by Application: 2019 VS 2023 VS 2030 (K Units) Table 34. Global Automotive Power Steering Gears Sales Volume by Application (2019-2024) & (K Units) Table 35. Global Automotive Power Steering Gears Sales Volume by Application (2025-2030) & (K Units) Table 36. Global Automotive Power Steering Gears Sales Market Share in Volume by Application (2019-2024) & (%) Table 37. Global Automotive Power Steering Gears Sales Market Share in Volume by Application (2025-2030) & (%) Table 38. Global Automotive Power Steering Gears Price by Application (2019-2024) & (USD/Unit) Table 39. Global Automotive Power Steering Gears Price by Application (2025-2030) & (USD/Unit) Table 40. Global Automotive Power Steering Gears Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million) Table 41. Global Automotive Power Steering Gears Sales Value by Region (2019-2024) & (US$ Million) Table 42. Global Automotive Power Steering Gears Sales Value by Region (2025-2030) & (US$ Million) Table 43. Global Automotive Power Steering Gears Sales Value by Region (2019-2024) & (%) Table 44. Global Automotive Power Steering Gears Sales Value by Region (2025-2030) & (%) Table 45. Global Automotive Power Steering Gears Sales Volume by Region (K Units): 2019 VS 2023 VS 2030 Table 46. Global Automotive Power Steering Gears Sales Volume by Region (2019-2024) & (K Units) Table 47. Global Automotive Power Steering Gears Sales Volume by Region (2025-2030) & (K Units) Table 48. Global Automotive Power Steering Gears Sales Volume by Region (2019-2024) & (%) Table 49. Global Automotive Power Steering Gears Sales Volume by Region (2025-2030) & (%) Table 50. Global Automotive Power Steering Gears Average Price by Region (2019-2024) & (USD/Unit) Table 51. Global Automotive Power Steering Gears Average Price by Region (2025-2030) & (USD/Unit) Table 52. Key Countries/Regions Automotive Power Steering Gears Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030 Table 53. Key Countries/Regions Automotive Power Steering Gears Sales Value, (2019-2024) & (US$ Million) Table 54. Key Countries/Regions Automotive Power Steering Gears Sales Value, (2025-2030) & (US$ Million) Table 55. Key Countries/Regions Automotive Power Steering Gears Sales Volume, (2019-2024) & (K Units) Table 56. Key Countries/Regions Automotive Power Steering Gears Sales Volume, (2025-2030) & (K Units) Table 57. JTEKT Company Information Table 58. JTEKT Introduction and Business Overview Table 59. JTEKT Automotive Power Steering Gears Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 60. JTEKT Automotive Power Steering Gears Product Offerings Table 61. JTEKT Recent Development Table 62. Bosch Company Information Table 63. Bosch Introduction and Business Overview Table 64. Bosch Automotive Power Steering Gears Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 65. Bosch Automotive Power Steering Gears Product Offerings Table 66. Bosch Recent Development Table 67. NSK Company Information Table 68. NSK Introduction and Business Overview Table 69. NSK Automotive Power Steering Gears Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 70. NSK Automotive Power Steering Gears Product Offerings Table 71. NSK Recent Development Table 72. Nexteer Company Information Table 73. Nexteer Introduction and Business Overview Table 74. Nexteer Automotive Power Steering Gears Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 75. Nexteer Automotive Power Steering Gears Product Offerings Table 76. Nexteer Recent Development Table 77. ZF Company Information Table 78. ZF Introduction and Business Overview Table 79. ZF Automotive Power Steering Gears Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 80. ZF Automotive Power Steering Gears Product Offerings Table 81. ZF Recent Development Table 82. Mobis Company Information Table 83. Mobis Introduction and Business Overview Table 84. Mobis Automotive Power Steering Gears Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 85. Mobis Automotive Power Steering Gears Product Offerings Table 86. Mobis Recent Development Table 87. Showa Company Information Table 88. Showa Introduction and Business Overview Table 89. Showa Automotive Power Steering Gears Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 90. Showa Automotive Power Steering Gears Product Offerings Table 91. Showa Recent Development Table 92. Thyssenkrupp Company Information Table 93. Thyssenkrupp Introduction and Business Overview Table 94. Thyssenkrupp Automotive Power Steering Gears Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 95. Thyssenkrupp Automotive Power Steering Gears Product Offerings Table 96. Thyssenkrupp Recent Development Table 97. Mando Company Information Table 98. Mando Introduction and Business Overview Table 99. Mando Automotive Power Steering Gears Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 100. Mando Automotive Power Steering Gears Product Offerings Table 101. Mando Recent Development Table 102. Key Raw Materials Lists Table 103. Raw Materials Key Suppliers Lists Table 104. Automotive Power Steering Gears Downstream Customers Table 105. Automotive Power Steering Gears Distributors List Table 106. Research Programs/Design for This Report Table 107. Key Data Information from Secondary Sources Table 108. Key Data Information from Primary Sources List of Figures Figure 1. Automotive Power Steering Gears Product Picture Figure 2. Global Automotive Power Steering Gears Sales Value, 2019 VS 2023 VS 2030 (US$ Million) Figure 3. Global Automotive Power Steering Gears Sales Value (2019-2030) & (US$ Million) Figure 4. Global Automotive Power Steering Gears Sales Volume (2019-2030) & (K Units) Figure 5. Global Automotive Power Steering Gears Sales Price (2019-2030) & (USD/Unit) Figure 6. Automotive Power Steering Gears Report Years Considered Figure 7. Global Automotive Power Steering Gears Players Revenue Ranking (2023) & (US$ Million) Figure 8. Global Automotive Power Steering Gears Players Sales Volume Ranking (2023) & (K Units) Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Automotive Power Steering Gears Revenue in 2023 Figure 10. Automotive Power Steering Gears Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023 Figure 11. Hydraulic Power Steering Picture Figure 12. Electric Power Steering Picture Figure 13. Other Picture Figure 14. Global Automotive Power Steering Gears Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million) Figure 15. Global Automotive Power Steering Gears Sales Value Market Share by Type, 2023 & 2030 Figure 16. Global Automotive Power Steering Gears Sales Volume by Type (2019 VS 2023 VS 2030) & (K Units) Figure 17. Global Automotive Power Steering Gears Sales Volume Market Share by Type, 2023 & 2030 Figure 18. Global Automotive Power Steering Gears Price by Type (2019-2030) & (USD/Unit) Figure 19. Product Picture of Passenger Car Figure 20. Product Picture of Commercial Vehicle Figure 21. Global Automotive Power Steering Gears Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million) Figure 22. Global Automotive Power Steering Gears Sales Value Market Share by Application, 2023 & 2030 Figure 23. Global Automotive Power Steering Gears Sales Volume by Application (2019 VS 2023 VS 2030) & (K Units) Figure 24. Global Automotive Power Steering Gears Sales Volume Market Share by Application, 2023 & 2030 Figure 25. Global Automotive Power Steering Gears Price by Application (2019-2030) & (USD/Unit) Figure 26. North America Automotive Power Steering Gears Sales Value (2019-2030) & (US$ Million) Figure 27. North America Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030 Figure 28. Europe Automotive Power Steering Gears Sales Value (2019-2030) & (US$ Million) Figure 29. Europe Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030 Figure 30. Asia Pacific Automotive Power Steering Gears Sales Value (2019-2030) & (US$ Million) Figure 31. Asia Pacific Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030 Figure 32. South America Automotive Power Steering Gears Sales Value (2019-2030) & (US$ Million) Figure 33. South America Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030 Figure 34. Middle East & Africa Automotive Power Steering Gears Sales Value (2019-2030) & (US$ Million) Figure 35. Middle East & Africa Automotive Power Steering Gears Sales Value by Country (%), 2023 VS 2030 Figure 36. Key Countries/Regions Automotive Power Steering Gears Sales Value (%), (2019-2030) Figure 37. Key Countries/Regions Automotive Power Steering Gears Sales Volume (%), (2019-2030) Figure 38. United States Automotive Power Steering Gears Sales Value, (2019-2030) & (US$ Million) Figure 39. United States Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030 Figure 40. United States Automotive Power Steering Gears Sales Value by Application (%), 2023 VS 2030 Figure 41. Europe Automotive Power Steering Gears Sales Value, (2019-2030) & (US$ Million) Figure 42. Europe Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030 Figure 43. Europe Automotive Power Steering Gears Sales Value by Application (%), 2023 VS 2030 Figure 44. China Automotive Power Steering Gears Sales Value, (2019-2030) & (US$ Million) Figure 45. China Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030 Figure 46. China Automotive Power Steering Gears Sales Value by Application (%), 2023 VS 2030 Figure 47. Japan Automotive Power Steering Gears Sales Value, (2019-2030) & (US$ Million) Figure 48. Japan Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030 Figure 49. Japan Automotive Power Steering Gears Sales Value by Application (%), 2023 VS 2030 Figure 50. South Korea Automotive Power Steering Gears Sales Value, (2019-2030) & (US$ Million) Figure 51. South Korea Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030 Figure 52. South Korea Automotive Power Steering Gears Sales Value by Application (%), 2023 VS 2030 Figure 53. Southeast Asia Automotive Power Steering Gears Sales Value, (2019-2030) & (US$ Million) Figure 54. Southeast Asia Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030 Figure 55. Southeast Asia Automotive Power Steering Gears Sales Value by Application (%), 2023 VS 2030 Figure 56. India Automotive Power Steering Gears Sales Value, (2019-2030) & (US$ Million) Figure 57. India Automotive Power Steering Gears Sales Value by Type (%), 2023 VS 2030 Figure 58. India Automotive Power Steering Gears Sales Value by Application (%), 2023 VS 2030 Figure 59. Automotive Power Steering Gears Industrial Chain Figure 60. Automotive Power Steering Gears Manufacturing Cost Structure Figure 61. Channels of Distribution (Direct Sales, and Distribution) Figure 62. Bottom-up and Top-down Approaches for This Report Figure 63. Data Triangulation Figure 64. Key Executives Interviewed
The latest trend gaining momentum in the market is growing pursuit of electrohydraulic power steering in HCVS. As part of the electrification trend in the automotive industry, energy saving is one of the most important concerns for the development of new vehicles, especially for power steering systems. In a hydraulic power steering system, 70% of the fuel gets consumed by hydraulics, which can be avoided. Hence, the application of more advanced power steering systems such as electric power steering and electrohydraulic power steering can help achieve fuel economy. The global market for Automotive Power Steering Gears was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022. Report Scope This report aims to provide a comprehensive presentation of the global market for Automotive Power Steering Gears, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Automotive Power Steering Gears by region & country, by Type, and by Application. The Automotive Power Steering Gears market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Automotive Power Steering Gears. Market Segmentation
Chapter Outline Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Automotive Power Steering Gears manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 3: 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 4: 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 5: Sales, revenue of Automotive Power Steering Gears in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world. Chapter 6: Sales, revenue of Automotive Power Steering Gears in country level. It provides sigmate data by Type, and by Application for each country/region. 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: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 9: Conclusion.
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now