Key Segmentation
By Component
-
Steering Wheel Feedback Actuator
-
Road Wheel Actuator
-
Electronic Control Unit
-
Torque/Position Sensors
By Backup Type
-
Mechanical Backup
-
Fully Electronic (No Mechanical Backup)
By Vehicle Type
-
Passenger Cars
-
Commercial Vehicles
By Propulsion Type
-
Internal Combustion Engine
-
Electric Vehicle
By Sales Channel
-
OEM
-
Aftermarket
Regional Coverage:
North America
-
US
-
Canada
Europe
-
Germany
-
UK
-
France
-
Italy
-
Spain
-
Russia
-
Poland
-
Rest of Europe
Asia Pacific
-
China
-
India
-
Japan
-
South Korea
-
Australia
-
ASEAN Countries
-
Rest of Asia Pacific
Middle East & Africa
-
UAE
-
Saudi Arabia
-
Qatar
-
South Africa
-
Rest of Middle East & Africa
Latin America
-
Brazil
-
Argentina
-
Mexico
-
Colombia
-
Rest of Latin America
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
-
Detailed Volume Analysis
-
Criss-Cross segment analysis (e.g. Component X Backup Type)
-
Competitive Product Benchmarking
-
Geographic Analysis
-
Additional countries in any of the regions
-
Customized Data Representation
-
Detailed analysis and profiling of additional market player
Frequently Asked Questions
Leading companies include Nexteer Automotive, ZF Friedrichshafen, JTEKT, Robert Bosch, Continental, ThyssenKrupp, Mando, and Hitachi Astemo, among others profiled in this report.
The approaching commercial launch of fully electronic steering systems without a mechanical backup and growing commercial fleet adoption represent the most significant near-term opportunities.
Growth is primarily driven by the accelerating shift toward electric vehicle platforms that benefit from column-free cabin design, combined with rising adoption of advanced driver-assistance and autonomous safety systems.
The Electronic Control Unit segment dominates by component with approximately 33.80% share in 2025, while the Mechanical Backup segment dominates by backup type with approximately 64.50% share.
North America dominates with approximately 32.00% share in 2025, driven by its leadership in autonomous vehicle development and advanced driver-assistance system deployment.