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Automotive Rack and Pinion Steering System Market 2025-2029

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    Report

  • 228 Pages
  • May 2025
  • Region: Global
  • TechNavio
  • ID: 5561312
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The automotive rack and pinion steering system market is forecasted to grow by USD 4.51 billion during 2024-2029, accelerating at a CAGR of 4.7% during the forecast period. The report on the automotive rack and pinion steering system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of electric power steering, improving control using rack and pinion steering systems, and design and manufacturing benefits of rack and pinion steering systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The automotive rack and pinion steering system market is segmented as below:

By Application

  • Front-wheel drive
  • All-wheel drive
  • Rear-wheel drive

By Type

  • Electronic
  • Electro-hydraulic
  • Hydraulic
  • Manual

By Vehicle Type

  • Passenger car
  • Commercial vehicle

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the increasing popularity of steer-by-wire systems as one of the prime reasons driving the automotive rack and pinion steering system market growth during the next few years. Also, increasing popularity of dual-pinion steering systems and development of rack and pinion steering systems with ihsa control module for hcvs will lead to sizable demand in the market.

The report on the automotive rack and pinion steering system market covers the following areas:

  • Automotive Rack And Pinion Steering System Market sizing
  • Automotive Rack And Pinion Steering System Market forecast
  • Automotive Rack And Pinion Steering System Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive rack and pinion steering system market vendors that include BorgWarner Inc., China Automotive Systems Inc., HL Mando Co. Ltd., Hyundai Mobis Co. Ltd., JTEKT Corp., Kaz Technologies, Knorr Bremse AG, Magna International Inc., Mando Aftermarket North America, Nexteer Automotive Corp., NSK Ltd., Rane Holdings Ltd., Robert Bosch GmbH, thyssenkrupp AG, and ZF Friedrichshafen AG. Also, the automotive rack and pinion steering system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Automotive Rack And Pinion Steering System Market 2019 - 2023
Historic Market Size - Data Table on Global Automotive Rack And Pinion Steering System Market 2019 - 2023 ($ million)
5.2 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Vehicle Type segment analysis 2019 - 2023
Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The impact of AI in the global automotive rack and pinion steering system market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
8.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
8.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
8.3 Front-wheel drive - Market size and forecast 2024-2029
Chart on Front-wheel drive - Market size and forecast 2024-2029 ($ million)
Data Table on Front-wheel drive - Market size and forecast 2024-2029 ($ million)
Chart on Front-wheel drive - Year-over-year growth 2024-2029 (%)
Data Table on Front-wheel drive - Year-over-year growth 2024-2029 (%)
8.4 All-wheel drive - Market size and forecast 2024-2029
Chart on All-wheel drive - Market size and forecast 2024-2029 ($ million)
Data Table on All-wheel drive - Market size and forecast 2024-2029 ($ million)
Chart on All-wheel drive - Year-over-year growth 2024-2029 (%)
Data Table on All-wheel drive - Year-over-year growth 2024-2029 (%)
8.5 Rear-wheel drive - Market size and forecast 2024-2029
Chart on Rear-wheel drive - Market size and forecast 2024-2029 ($ million)
Data Table on Rear-wheel drive - Market size and forecast 2024-2029 ($ million)
Chart on Rear-wheel drive - Year-over-year growth 2024-2029 (%)
Data Table on Rear-wheel drive - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Electronic - Market size and forecast 2024-2029
Chart on Electronic - Market size and forecast 2024-2029 ($ million)
Data Table on Electronic - Market size and forecast 2024-2029 ($ million)
Chart on Electronic - Year-over-year growth 2024-2029 (%)
Data Table on Electronic - Year-over-year growth 2024-2029 (%)
9.4 Electro-hydraulic - Market size and forecast 2024-2029
Chart on Electro-hydraulic - Market size and forecast 2024-2029 ($ million)
Data Table on Electro-hydraulic - Market size and forecast 2024-2029 ($ million)
Chart on Electro-hydraulic - Year-over-year growth 2024-2029 (%)
Data Table on Electro-hydraulic - Year-over-year growth 2024-2029 (%)
9.5 Hydraulic - Market size and forecast 2024-2029
Chart on Hydraulic - Market size and forecast 2024-2029 ($ million)
Data Table on Hydraulic - Market size and forecast 2024-2029 ($ million)
Chart on Hydraulic - Year-over-year growth 2024-2029 (%)
Data Table on Hydraulic - Year-over-year growth 2024-2029 (%)
9.6 Manual - Market size and forecast 2024-2029
Chart on Manual - Market size and forecast 2024-2029 ($ million)
Data Table on Manual - Market size and forecast 2024-2029 ($ million)
Chart on Manual - Year-over-year growth 2024-2029 (%)
Data Table on Manual - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by Vehicle Type
10.1 Market segments
Chart on Vehicle Type - Market share 2024-2029 (%)
Data Table on Vehicle Type - Market share 2024-2029 (%)
10.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
10.3 Passenger car - Market size and forecast 2024-2029
Chart on Passenger car - Market size and forecast 2024-2029 ($ million)
Data Table on Passenger car - Market size and forecast 2024-2029 ($ million)
Chart on Passenger car - Year-over-year growth 2024-2029 (%)
Data Table on Passenger car - Year-over-year growth 2024-2029 (%)
10.4 Commercial vehicle - Market size and forecast 2024-2029
Chart on Commercial vehicle - Market size and forecast 2024-2029 ($ million)
Data Table on Commercial vehicle - Market size and forecast 2024-2029 ($ million)
Chart on Commercial vehicle - Year-over-year growth 2024-2029 (%)
Data Table on Commercial vehicle - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ million)
Data Table on Market opportunity by Vehicle Type ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.10 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.11 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.12 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.13 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.14 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.15 Australia - Market size and forecast 2024-2029
Chart on Australia - Market size and forecast 2024-2029 ($ million)
Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Chart on Australia - Year-over-year growth 2024-2029 (%)
Data Table on Australia - Year-over-year growth 2024-2029 (%)
12.16 Spain - Market size and forecast 2024-2029
Chart on Spain - Market size and forecast 2024-2029 ($ million)
Data Table on Spain - Market size and forecast 2024-2029 ($ million)
Chart on Spain - Year-over-year growth 2024-2029 (%)
Data Table on Spain - Year-over-year growth 2024-2029 (%)
12.17 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 BorgWarner Inc.
BorgWarner Inc. - Overview
BorgWarner Inc. - Business segments
BorgWarner Inc. - Key news
BorgWarner Inc. - Key offerings
BorgWarner Inc. - Segment focus
SWOT
15.5 China Automotive Systems Inc.
China Automotive Systems Inc. - Overview
China Automotive Systems Inc. - Business segments
China Automotive Systems Inc. - Key offerings
China Automotive Systems Inc. - Segment focus
SWOT
15.6 HL Mando Co. Ltd.
HL Mando Co. Ltd. - Overview
HL Mando Co. Ltd. - Product / Service
HL Mando Co. Ltd. - Key news
HL Mando Co. Ltd. - Key offerings
SWOT
15.7 Hyundai Mobis Co. Ltd.
Hyundai Mobis Co. Ltd. - Overview
Hyundai Mobis Co. Ltd. - Business segments
Hyundai Mobis Co. Ltd. - Key offerings
Hyundai Mobis Co. Ltd. - Segment focus
SWOT
15.8 JTEKT Corp.
JTEKT Corp. - Overview
JTEKT Corp. - Business segments
JTEKT Corp. - Key news
JTEKT Corp. - Key offerings
JTEKT Corp. - Segment focus
SWOT
15.9 Kaz Technologies
Kaz Technologies - Overview
Kaz Technologies - Product / Service
Kaz Technologies - Key offerings
SWOT
15.10 Knorr Bremse AG
Knorr Bremse AG - Overview
Knorr Bremse AG - Business segments
Knorr Bremse AG - Key news
Knorr Bremse AG - Key offerings
Knorr Bremse AG - Segment focus
SWOT
15.11 Magna International Inc.
Magna International Inc. - Overview
Magna International Inc. - Business segments
Magna International Inc. - Key news
Magna International Inc. - Key offerings
Magna International Inc. - Segment focus
SWOT
15.12 Mando Aftermarket North America
Mando Aftermarket North America - Overview
Mando Aftermarket North America - Product / Service
Mando Aftermarket North America - Key offerings
SWOT
15.13 Nexteer Automotive Corp.
Nexteer Automotive Corp. - Overview
Nexteer Automotive Corp. - Business segments
Nexteer Automotive Corp. - Key offerings
Nexteer Automotive Corp. - Segment focus
SWOT
15.14 NSK Ltd.
NSK Ltd. - Overview
NSK Ltd. - Product / Service
NSK Ltd. - Key news
NSK Ltd. - Key offerings
SWOT
15.15 Rane Holdings Ltd.
Rane Holdings Ltd. - Overview
Rane Holdings Ltd. - Product / Service
Rane Holdings Ltd. - Key news
Rane Holdings Ltd. - Key offerings
SWOT
15.16 Robert Bosch GmbH
Robert Bosch GmbH - Overview
Robert Bosch GmbH - Product / Service
Robert Bosch GmbH - Key news
Robert Bosch GmbH - Key offerings
SWOT
15.17 thyssenkrupp AG
thyssenkrupp AG - Overview
thyssenkrupp AG - Business segments
thyssenkrupp AG - Key news
thyssenkrupp AG - Key offerings
thyssenkrupp AG - Segment focus
SWOT
15.18 ZF Friedrichshafen AG
ZF Friedrichshafen AG - Overview
ZF Friedrichshafen AG - Business segments
ZF Friedrichshafen AG - Key news
ZF Friedrichshafen AG - Key offerings
ZF Friedrichshafen AG - Segment focus
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global Automotive Rack And Pinion Steering System Market 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Application - Market share 2024-2029 (%)
Exhibits 39: Data Table on Application - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Application
Exhibits 41: Data Table on Comparison by Application
Exhibits 42: Chart on Front-wheel drive - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Data Table on Front-wheel drive - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Chart on Front-wheel drive - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Front-wheel drive - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on All-wheel drive - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on All-wheel drive - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on All-wheel drive - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on All-wheel drive - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Rear-wheel drive - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Data Table on Rear-wheel drive - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Chart on Rear-wheel drive - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Rear-wheel drive - Year-over-year growth 2024-2029 (%)
Exhibits 54: Market opportunity by Application ($ million)
Exhibits 55: Data Table on Market opportunity by Application ($ million)
Exhibits 56: Chart on Type - Market share 2024-2029 (%)
Exhibits 57: Data Table on Type - Market share 2024-2029 (%)
Exhibits 58: Chart on Comparison by Type
Exhibits 59: Data Table on Comparison by Type
Exhibits 60: Chart on Electronic - Market size and forecast 2024-2029 ($ million)
Exhibits 61: Data Table on Electronic - Market size and forecast 2024-2029 ($ million)
Exhibits 62: Chart on Electronic - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on Electronic - Year-over-year growth 2024-2029 (%)
Exhibits 64: Chart on Electro-hydraulic - Market size and forecast 2024-2029 ($ million)
Exhibits 65: Data Table on Electro-hydraulic - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Chart on Electro-hydraulic - Year-over-year growth 2024-2029 (%)
Exhibits 67: Data Table on Electro-hydraulic - Year-over-year growth 2024-2029 (%)
Exhibits 68: Chart on Hydraulic - Market size and forecast 2024-2029 ($ million)
Exhibits 69: Data Table on Hydraulic - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Chart on Hydraulic - Year-over-year growth 2024-2029 (%)
Exhibits 71: Data Table on Hydraulic - Year-over-year growth 2024-2029 (%)
Exhibits 72: Chart on Manual - Market size and forecast 2024-2029 ($ million)
Exhibits 73: Data Table on Manual - Market size and forecast 2024-2029 ($ million)
Exhibits 74: Chart on Manual - Year-over-year growth 2024-2029 (%)
Exhibits 75: Data Table on Manual - Year-over-year growth 2024-2029 (%)
Exhibits 76: Market opportunity by Type ($ million)
Exhibits 77: Data Table on Market opportunity by Type ($ million)
Exhibits 78: Chart on Vehicle Type - Market share 2024-2029 (%)
Exhibits 79: Data Table on Vehicle Type - Market share 2024-2029 (%)
Exhibits 80: Chart on Comparison by Vehicle Type
Exhibits 81: Data Table on Comparison by Vehicle Type
Exhibits 82: Chart on Passenger car - Market size and forecast 2024-2029 ($ million)
Exhibits 83: Data Table on Passenger car - Market size and forecast 2024-2029 ($ million)
Exhibits 84: Chart on Passenger car - Year-over-year growth 2024-2029 (%)
Exhibits 85: Data Table on Passenger car - Year-over-year growth 2024-2029 (%)
Exhibits 86: Chart on Commercial vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 87: Data Table on Commercial vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 88: Chart on Commercial vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 89: Data Table on Commercial vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 90: Market opportunity by Vehicle Type ($ million)
Exhibits 91: Data Table on Market opportunity by Vehicle Type ($ million)
Exhibits 92: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 93: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 94: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 95: Chart on Geographic comparison
Exhibits 96: Data Table on Geographic comparison
Exhibits 97: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 98: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 99: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 103: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Australia - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Australia - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Australia - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on Spain - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on Spain - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on Spain - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on Spain - Year-over-year growth 2024-2029 (%)
Exhibits 153: Chart on France - Market size and forecast 2024-2029 ($ million)
Exhibits 154: Data Table on France - Market size and forecast 2024-2029 ($ million)
Exhibits 155: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 156: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 157: Market opportunity By Geographical Landscape ($ million)
Exhibits 158: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 159: Impact of drivers and challenges in 2024 and 2029
Exhibits 160: Overview on criticality of inputs and factors of differentiation
Exhibits 161: Overview on factors of disruption
Exhibits 162: Impact of key risks on business
Exhibits 163: Companies covered
Exhibits 164: Company ranking index
Exhibits 165: Matrix on companies position and classification
Exhibits 166: BorgWarner Inc. - Overview
Exhibits 167: BorgWarner Inc. - Business segments
Exhibits 168: BorgWarner Inc. - Key news
Exhibits 169: BorgWarner Inc. - Key offerings
Exhibits 170: BorgWarner Inc. - Segment focus
Exhibits 171: SWOT
Exhibits 172: China Automotive Systems Inc. - Overview
Exhibits 173: China Automotive Systems Inc. - Business segments
Exhibits 174: China Automotive Systems Inc. - Key offerings
Exhibits 175: China Automotive Systems Inc. - Segment focus
Exhibits 176: SWOT
Exhibits 177: HL Mando Co. Ltd. - Overview
Exhibits 178: HL Mando Co. Ltd. - Product / Service
Exhibits 179: HL Mando Co. Ltd. - Key news
Exhibits 180: HL Mando Co. Ltd. - Key offerings
Exhibits 181: SWOT
Exhibits 182: Hyundai Mobis Co. Ltd. - Overview
Exhibits 183: Hyundai Mobis Co. Ltd. - Business segments
Exhibits 184: Hyundai Mobis Co. Ltd. - Key offerings

Executive Summary

The following companies are recognized as the key players in the global automotive rack and pinion steering system market: BorgWarner Inc., China Automotive Systems Inc., HL Mando Co. Ltd., Hyundai Mobis Co. Ltd., JTEKT Corp., Kaz Technologies, Knorr Bremse AG, Magna International Inc., Mando Aftermarket North America, Nexteer Automotive Corp., NSK Ltd., Rane Holdings Ltd., Robert Bosch GmbH, thyssenkrupp AG, and ZF Friedrichshafen AG.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing popularity of steer-by-wire systems."

According to the report, one of the major drivers for this market is the increasing adoption of electric power steering.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BorgWarner Inc.
  • China Automotive Systems Inc.
  • HL Mando Co. Ltd.
  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Kaz Technologies
  • Knorr Bremse AG
  • Magna International Inc.
  • Mando Aftermarket North America
  • Nexteer Automotive Corp.
  • NSK Ltd.
  • Rane Holdings Ltd.
  • Robert Bosch GmbH
  • thyssenkrupp AG
  • ZF Friedrichshafen AG