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Global Automotive Steering Wheel Market by Type (Dual-Spoke Steering Wheels, Single-Spoke Steering Wheels, Swing-Away Steering Wheel), Material (Leather, Metal, Plastic), Sales Channel, Vehicle Type - Forecast 2024-2030

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    Report

  • 193 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5674635
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The Automotive Steering Wheel Market size was estimated at USD 21.10 billion in 2023, USD 22.62 billion in 2024, and is expected to grow at a CAGR of 7.59% to reach USD 35.22 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive Steering Wheel Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Steering Wheel Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automotive Steering Wheel Market, highlighting leading vendors and their innovative profiles. These include Amani Forged Wheels, Autoliv Inc., Caravaggio Corvettes Inc., Fanatec by Endor AG, Gentherm, GKN Automotive Ltd., Grant Products, GSK InTek Co. Ltd., ISOTECNIC S.r.l., Joyson Safety Systems Aschaffenburg GmbH, KKR Metal Components, Lokar, Inc., Mitsubishi Electric Corporation, Moto-Lita Limited, MW Company LLC, Neaton Auto Products Manufacturing Inc., Nexteer Automotive Group Ltd., Nihon Plast Co., Ltd., Sparco S.p.A., Sun Autoelektrik Pvt., Ltd., ThyssenKrupp AG, Tokai Rika Co., Ltd., Toyoda Gosei Co., Ltd., Yanfeng Automotive Interior Systems Co., Ltd., and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Automotive Steering Wheel Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Dual-Spoke Steering Wheels
    • Single-Spoke Steering Wheels
    • Swing-Away Steering Wheel
    • Telescoping Steering Wheel
    • Three-Spoke Steering Wheels
  • Material
    • Leather
    • Metal
    • Plastic
    • Rubber
    • Wooden
  • Sales Channel
    • Aftermarket
    • Original Equipment Manufacturer
  • Vehicle Type
    • Commercial Vehicles
    • Passenger Car
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Automotive Steering Wheel Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Steering Wheel Market?
  3. What are the technology trends and regulatory frameworks in the Automotive Steering Wheel Market?
  4. What is the market share of the leading vendors in the Automotive Steering Wheel Market?
  5. Which modes and strategic moves are suitable for entering the Automotive Steering Wheel Market?

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Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Automotive Steering Wheel Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing vehicle production and sales worldwide
5.1.1.2. Rapid consumer shift towards automated driving and additional comfort in vehicles
5.1.1.3. Increasing demand for steering wheels for advanced safety and performance
5.1.2. Restraints
5.1.2.1. High cost of raw materials for steering wheels
5.1.3. Opportunities
5.1.3.1. Advancements and development of novel power steering wheels
5.1.3.2. Investment in research activities for the development of steering wheels
5.1.4. Challenges
5.1.4.1. Concern regarding functionality and operational issues of steering wheels
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Automotive Steering Wheel Market, by Type
6.1. Introduction
6.2. Dual-Spoke Steering Wheels
6.3. Single-Spoke Steering Wheels
6.4. Swing-Away Steering Wheel
6.5. Telescoping Steering Wheel
6.6. Three-Spoke Steering Wheels
7. Automotive Steering Wheel Market, by Material
7.1. Introduction
7.2. Leather
7.3. Metal
7.4. Plastic
7.5. Rubber
7.6. Wooden
8. Automotive Steering Wheel Market, by Sales Channel
8.1. Introduction
8.2. Aftermarket
8.3. Original Equipment Manufacturer
9. Automotive Steering Wheel Market, by Vehicle Type
9.1. Introduction
9.2. Commercial Vehicles
9.3. Passenger Car
10. Americas Automotive Steering Wheel Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Automotive Steering Wheel Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Automotive Steering Wheel Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Amani Forged Wheels
14.1.2. Autoliv Inc.
14.1.3. Caravaggio Corvettes Inc.
14.1.4. Fanatec by Endor AG
14.1.5. Gentherm
14.1.6. GKN Automotive Ltd.
14.1.7. Grant Products
14.1.8. GSK InTek Co. Ltd.
14.1.9. ISOTECNIC S.r.l.
14.1.10. Joyson Safety Systems Aschaffenburg GmbH
14.1.11. KKR Metal Components
14.1.12. Lokar, Inc.
14.1.13. Mitsubishi Electric Corporation
14.1.14. Moto-Lita Limited
14.1.15. MW Company LLC
14.1.16. Neaton Auto Products Manufacturing Inc.
14.1.17. Nexteer Automotive Group Ltd.
14.1.18. Nihon Plast Co., Ltd.
14.1.19. Sparco S.p.A.
14.1.20. Sun Autoelektrik Pvt., Ltd.
14.1.21. ThyssenKrupp AG
14.1.22. Tokai Rika Co., Ltd.
14.1.23. Toyoda Gosei Co., Ltd.
14.1.24. Yanfeng Automotive Interior Systems Co., Ltd.
14.1.25. ZF Friedrichshafen AG
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
List of Figures
FIGURE 1. AUTOMOTIVE STEERING WHEEL MARKET RESEARCH PROCESS
FIGURE 2. AUTOMOTIVE STEERING WHEEL MARKET SIZE, 2023 VS 2030
FIGURE 3. AUTOMOTIVE STEERING WHEEL MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. AUTOMOTIVE STEERING WHEEL MARKET DYNAMICS
FIGURE 7. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
FIGURE 10. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY SALES CHANNEL, 2023 VS 2030 (%)
FIGURE 12. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY SALES CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2030 (%)
FIGURE 14. AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE STEERING WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. AUTOMOTIVE STEERING WHEEL MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. AUTOMOTIVE STEERING WHEEL MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • Amani Forged Wheels
  • Autoliv Inc.
  • Caravaggio Corvettes Inc.
  • Fanatec by Endor AG
  • Gentherm
  • GKN Automotive Ltd.
  • Grant Products
  • GSK InTek Co. Ltd.
  • ISOTECNIC S.r.l.
  • Joyson Safety Systems Aschaffenburg GmbH
  • KKR Metal Components
  • Lokar, Inc.
  • Mitsubishi Electric Corporation
  • Moto-Lita Limited
  • MW Company LLC
  • Neaton Auto Products Manufacturing Inc.
  • Nexteer Automotive Group Ltd.
  • Nihon Plast Co., Ltd.
  • Sparco S.p.A.
  • Sun Autoelektrik Pvt., Ltd.
  • ThyssenKrupp AG
  • Tokai Rika Co., Ltd.
  • Toyoda Gosei Co., Ltd.
  • Yanfeng Automotive Interior Systems Co., Ltd.
  • ZF Friedrichshafen AG

Methodology

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Table Information