Automotive Steering Column Global Market Report 2025

The automotive steering column market size has grown strongly in recent years. It will grow from $16.15 billion in 2024 to $16.98 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. Growth during the historic period was driven by several key factors, including the expanding presence of luxury and premium vehicles, the growing need for lightweight and fuel-efficient components, the accelerating shift toward vehicle electrification, rising demand for connected and autonomous vehicles, and increased emphasis on modular steering column design.

The automotive steering column market size is expected to see steady growth in the next few years. It will grow to $20.56 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. Growth in the forecast period is expected to be fueled by rising global vehicle production, increasing demand for advanced driver-assistance systems (ADAS), a stronger focus on vehicle safety regulations, wider adoption of electric power steering (EPS) systems, and growing consumer interest in improved driving comfort. Key trends anticipated during this time include progress in EPS technology, integration of ADAS with steering column systems, the emergence of steer-by-wire solutions for a more refined driving experience, advancements in adaptive steering technologies, and enhanced ergonomic steering designs aimed at boosting driver comfort.

The rise in vehicle production is expected to drive the growth of the automotive steering column market. Vehicle production involves the manufacturing and assembly of motor vehicles by combining various components into a final product. This increase is largely fueled by the shift toward electric vehicles (EVs), as automakers ramp up investment to meet regulatory mandates and consumer demand for sustainable transportation. Automotive steering columns play a critical role in enabling precise control of vehicle direction and incorporating essential functions such as ignition, airbag deployment, and steering adjustments to enhance driver comfort. For example, in November 2023, the U.S. Energy Information Administration reported that battery-electric vehicles (BEVs) accounted for 17.7% of new light-duty vehicle sales in the third quarter of 2023. Overall, BEVs represented 16% of total new vehicle sales in 2023 up to that point, an increase from 12.5% in 2022 and 9% in 2021. This growing trend in vehicle production, particularly in the EV segment, is contributing to the expansion of the automotive steering column market.

Leading companies in the automotive steering column market are focusing on the development of advanced technologies like column-assist electric power steering systems to improve vehicle performance and safety. These systems employ an electric motor mounted on the steering column to deliver steering assistance, eliminating the need for traditional hydraulic mechanisms and improving overall handling and efficiency. For instance, in April 2025, Nexteer Automotive Group, a U.S.-based automotive company, launched its high-output column-assist electric power steering (HO CEPS) system. This system provides up to 110 Nm of steering assist torque, making it suitable for larger and heavier vehicles such as SUVs and entry-level trucks. It integrates the motor, controller, and sensors directly within the steering column, creating a cost-effective, scalable solution that offers automakers enhanced flexibility across vehicle platforms while improving steering performance and development speed.

In January 2025, Rane Group, an India-based industrial manufacturing company that supplies automotive steering columns, entered into a joint venture with ZF Group to produce and supply occupant safety products. This partnership aims to introduce advanced electric power steering column technologies to the Indian automotive market. By combining expertise, the joint venture seeks to deliver innovative, high-performance steering solutions that enhance driving comfort, safety, and efficiency. ZF Group, based in Germany, specializes in automotive steering columns and brings advanced technological capabilities to this collaboration.

Major players in the automotive steering column market are Robert Bosch GmbH, Tata Motors Limited, ZF Friedrichshafen AG, Thyssenkrupp AG, Continental AG, Mitsubishi Electric Corporation, Aisin Corporation, Valeo SA, Schaeffler Group, JTEKT Corporation, Knorr-Bremse SteeringSystems GmbH, NSK Ltd., Mando Corporation, Nexteer Automotive Corporation, Mitsuba Corporation, Rivian Automotive Inc., Kongsberg Automotive, Rane Group, CORAM Group, Pailton Engineering Ltd., Flaming River Industries Inc., Henglong Group.

North America was the largest region in the automotive steering column market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in automotive steering column report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the automotive steering column market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive steering column is an essential component that links the steering wheel to the vehicle’s steering mechanism, enabling precise control over the front wheels’ direction. It also acts as a mounting point for various controls, switches, and sometimes gear selectors, playing a vital role in both safety and convenience features.

The main types of steering columns include manual rack and pinion systems, manual worm and roller systems, manual recirculating ball and nut systems, hydraulic power steering systems, and electric power steering systems. In a manual rack and pinion setup, a pinion gear engages directly with a rack to steer the wheels without any power assistance. These steering systems are employed in a wide variety of vehicles, including passenger cars, commercial vehicles, electric models, and luxury vehicles. They incorporate different technologies such as traditional mechanical systems, hybrid solutions, fully integrated designs, and adaptive steering technologies. The primary users of these systems include original equipment manufacturers (OEMs), aftermarket providers, and fleet operators.

The automotive steering column market research report is one of a series of new reports that provides automotive steering column market statistics, including the automotive steering column industry's global market size, regional shares, competitors with the automotive steering column market share, detailed automotive steering column market segments, market trends and opportunities, and any further data you may need to thrive in the automotive steering column market. This automotive steering column market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive steering column market consists of sales of products including tilt steering columns, telescopic steering columns, intermediate shafts, steering angle sensors, and ignition switch modules. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.