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Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (million USD) data for each segment and sub-segment. This way, clients can achieve all their goals while taking advantage of emerging opportunities. Technological advancements, new product launches, and market capital flows are compared across scenarios to demonstrate their impact over the forecast period.
Data collected includes market dynamics, technology outlook, application development, and pricing trends. All of this is fed into a research model, which then produces relevant data for market research. Global market trend analysis is given including historical data, estimates to 2023 and compound annual growth rate (CAGR) forecast to 2028.
Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
2023 will be a tough year for much of the global economy, as the ongoing war in Ukraine continues to strain trade, especially in Europe, and the global economy remains reeling from the fallout from the COVID-19 pandemic.
But as China moves ever closer to fully reemerging from three years of government-imposed Covid isolation and reintegrating with the world, economic expectations are high.And with the global economy now facing significant challenges, including energy shortages, slowing growth and high inflation, China’s reopening could provide a much-needed and timely boost.
The report researches and analyzes the influence of the Light Vehicle Steering industry in the new era of global post-COIVD-19 economy in 2023, and provides in-depth analysis and professional suggestions on the current development.
Market Segment by Product Type
Hydraulic Power Steering
Electronic Power Steering
Electro-Hydraulic Power Steering
Market Segment by Product Application
Sedans
SUVs
Others
Finally, the report provides detailed profile and data information analysis of leading company.
JTEKT
Bosch
Nexteer
NSK
ThyssenKrupp
ZF
Showa
Mando
Hyundai Mobis
Insights and Tools:
We follow a comprehensive process to estimate market size. Key industry dynamics, regulatory scenarios, and segmental dynamics are analyzed to understand their impact on demand over the forecast period. Macroeconomic indicators such as prices, income and demographic changes, demand changes, etc. are considered in estimating market size. We also provide an in-depth profile of the key players and discuss their market shares in the global market to derive the market value. In addition, we have an internal database that is regularly updated with key insights and press releases from key stakeholders in the relevant market.
The data is generally gathered in various arrangements such as charts, graphs, infographics, trends, documents and records from various manufacturers and retailers. Our analyst gather, collect, and interpret such data to form significant databases. Our team then works with large data volumes to analyze core developments, evaluate market estimations, and identify trends.
The market research includes historical and forecast data from like demand, application details, price trends, and company shares by geography, especially focuses on the key regions like United States, European Union, China, and other regions.
Research Objectives
1.To study and analyze the global Light Vehicle Steering consumption (value) by key regions/countries, product type and application, history data from 2018 to 2022, and forecast to 2028.
2.To understand the structure of Light Vehicle Steering market by identifying its various subsegments.
3.Focuses on the key global Light Vehicle Steering manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.
4.To analyze the Light Vehicle Steering with respect to individual growth trends, future prospects, and their contribution to the total market.
5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
6.To project the consumption of Light Vehicle Steering submarkets, with respect to key regions (along with their respective key countries).
7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
8.To strategically profile the key players and comprehensively analyze their growth strategies.
Global Light Vehicle Steering Market Research Report 2023, Forecast to 2028
1 Market Study Overview
1.1 Study Objectives
1.2 Light Vehicle Steering Introduce
1.3 Combined with the Analysis of Macroeconomic Indicators
1.4 Brief Description of Research methods
1.5 Market Breakdown and Data Triangulation
2 Global Trend Summary
2.1 Light Vehicle Steering Segment by Type
2.1.1 Hydraulic Power Steering
2.1.2 Electronic Power Steering
2.1.3 Electro-Hydraulic Power Steering
2.2 Market Analysis by Application
2.2.1 Sedans
2.2.2 SUVs
2.2.3 Others
2.3 Global Light Vehicle Steering Market Comparison by Regions (2018-2028)
2.3.1 Global Light Vehicle Steering Market Size (2018-2028)
2.3.2 North America Light Vehicle Steering Status and Prospect (2018-2028)
2.3.3 Europe Light Vehicle Steering Status and Prospect (2018-2028)
2.3.4 China Light Vehicle Steering Status and Prospect (2018-2028)
2.3.5 Japan Light Vehicle Steering Status and Prospect (2018-2028)
2.3.6 Southeast Asia Light Vehicle Steering Status and Prospect (2018-2028)
2.4 Basic Product Information
2.4.1 Basic Product Information & Technology Development History
2.4.2 Product Manufacturing Process
2.4.3 Interview with Major Market Participants
2.4.4 High-end Market Analysis and Forecast
2.5 Coronavirus Disease 2020 (Covid-19): Light Vehicle Steering Industry Impact
2.5.1 Light Vehicle Steering Business Impact Assessment - Covid-19
2.5.2 Market Trends and Light Vehicle Steering Potential Opportunities in the COVID-19 Landscape
2.5.3 Measures / Proposal against Covid-19
3 Competition by Manufacturer
3.1 Global Light Vehicle Steering Sales and Market Share by Manufacturer (2018-2023)
3.2 Global Light Vehicle Steering Revenue and Market Share by Manufacturer (2018-2023)
3.3 Global Light Vehicle Steering Industry Concentration Ratio (CR5 and HHI)
3.4 Top 5 Light Vehicle Steering Manufacturer Market Share
3.5 Top 10 Light Vehicle Steering Manufacturer Market Share
3.6 Date of Key Manufacturers Enter into Light Vehicle Steering Market
3.7 Key Manufacturers Light Vehicle Steering Key Manufacturers
3.8 Mergers & Acquisitions Planning
4 Analysis of Light Vehicle Steering Industry Key Manufacturers
4.1 JTEKT
4.1.1 Compan Detail
4.1.2 JTEKT Light Vehicle Steering Product Introduction, Application and Specification
4.1.3 JTEKT 130 Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.1.4 Main Business Overview
4.1.5 JTEKT News
4.2 Bosch
4.2.1 Compan Detail
4.2.2 Bosch Light Vehicle Steering Product Introduction, Application and Specification
4.2.3 Bosch Light Vehicle Steering Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.2.4 Main Business Overview
4.2.5 JTEKT News
4.3 Nexteer
4.3.1 Compan Detail
4.3.2 Nexteer Light Vehicle Steering Product Introduction, Application and Specification
4.3.3 Nexteer Light Vehicle Steering Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.3.4 Main Business Overview
4.3.5 Nexteer News
4.4 NSK
4.4.1 Compan Detail
4.4.2 NSK Light Vehicle Steering Product Introduction, Application and Specification
4.4.3 NSK Light Vehicle Steering Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.4.4 Main Business Overview
4.4.5 NSK News
4.5 ThyssenKrupp
4.5.1 Compan Detail
4.5.2 NSK Light Vehicle Steering Product Introduction, Application and Specification
4.5.3 ThyssenKrupp Light Vehicle Steering Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.5.4 Main Business Overview
4.5.5 ThyssenKrupp News
4.6 ZF
4.6.1 Compan Detail
4.6.2 ZF Light Vehicle Steering Product Introduction, Application and Specification
4.6.3 ZF Light Vehicle Steering Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.6.4 Main Business Overview
4.6.5 ZF News
4.7 Showa
4.7.1 Compan Detail
4.7.2 Showa Light Vehicle Steering Product Introduction, Application and Specification
4.7.3 Showa Light Vehicle Steering Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.7.4 Main Business Overview
4.7.4 Main Business Overview
4.8 Mando
4.8.1 Compan Detail
4.8.2 Mando Light Vehicle Steering Product Introduction, Application and Specification
4.8.3 Mando Light Vehicle Steering Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.8.4 Main Business Overview
4.8.5 Mando News
4.9 Hyundai Mobis
4.9.1 Compan Detail
4.9.2 Hyundai Mobis Light Vehicle Steering Product Introduction, Application and Specification
4.9.3 Hyundai Mobis Light Vehicle Steering Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.9.4 Main Business Overview
4.9.5 Hyundai Mobis News
5 Global Light Vehicle Steering Market Segment by Big Type
5.1 Global Light Vehicle Steering Revenue, Sales and Market Share by Big Type (2018-2023)
5.1.1 Global Light Vehicle Steering Sales and Market Share by Big Type (2018-2023)
5.1.2 Global Light Vehicle Steering Revenue and Market Share by Big Type (2018-2023)
5.2 Hydraulic Power Steering Sales Growth Rate and Price
5.2.1 Global Hydraulic Power Steering Sales Growth Rate (2018-2023)
5.2.2 Global Hydraulic Power Steering Price (2018-2023)
5.3 Electronic Power Steering Sales Growth Rate and Price
5.3.1 Global Electronic Power Steering Sales Growth Rate (2018-2023)
5.3.2 Global Electronic Power Steering Price (2018-2023)
5.4 Electro-Hydraulic Power Steering Sales Growth Rate and Price
5.4.1 Global Electro-Hydraulic Power Steering Sales Growth Rate (2018-2023)
5.4.2 Global Electro-Hydraulic Power Steering Price (2018-2023)
6 Global Light Vehicle Steering Market Segment by Big Application
6.1 Global Light Vehicle Steering Sales Market Share by Big Application (2018-2023)
6.2 Sedans Sales Growth Rate (2018-2023)
6.3 SUVs Sales Growth Rate (2018-2023)
6.4 Others Sales Growth Rate (2018-2023)
7 Global Light Vehicle Steering Forecast
7.1 Global Light Vehicle Steering Revenue, Sales and Growth Rate (2023-2028)
7.2 Light Vehicle Steering Market Forecast by Regions (2023-2028)
7.2.1 North America Light Vehicle Steering Market Forecast (2023-2028)
7.2.2 Europe Light Vehicle Steering Market Forecast (2023-2028)
7.2.3 China Light Vehicle Steering Market Forecast (2023-2028)
7.2.4 Japan Light Vehicle Steering Market Forecast (2023-2028)
7.2.5 Southeast Asia Light Vehicle Steering Market Forecast (2023-2028)
7.2.6 Other Regions Light Vehicle Steering Market Forecast (2023-2028)
7.3 Light Vehicle Steering Market Forecast by Type (2023-2028)
7.3.1 Global Light Vehicle Steering Sales Forecast by Type (2023-2028)
7.3.2 Global Light Vehicle Steering Market Share Forecast by Type (2023-2028)
7.4 Light Vehicle Steering Market Forecast by Application (2023-2028)
7.4.1 Global Light Vehicle Steering Sales Forecast by Application (2023-2028)
7.4.2 Global Light Vehicle Steering Market Share Forecast by Application (2023-2028)
8 Market Analysis
8.1.1 Market Overview
8.1.2 Market Opportunities
8.1.3 Market Risk
8.1.4 Market Driving Force
8.1.5 Porter's Five Forces Analysis
8.1.6 SWOT Analysis
9 Light Vehicle Steering Related Market Analysis
9.1 Upstream Analysis
9.1.1 Macro Analysis of Upstream Markets
9.1.2 Key Players in Upstream Markets
9.1.3 Upstream Market Trend Analysis
9.1.4 Light Vehicle Steering Manufacturing Cost Analysis
9.2 Downstream Market Analysis
9.2.1 Macro Analysis of Down Markets
9.2.2 Key Players in Down Markets
9.2.3 Downstream Market Trend Analysis
9.2.4 Sales Channel, Distributors, Traders and Dealers
10 Research Findings and Conclusion
List of Tables and Figures
Figure Product Picture Light Vehicle Steering
Figure Market Concentration Ratio and Market Maturity Analysis of Light Vehicle Steering
Figure Bottom-up and Top-down Approaches for This Report
Figure Part of Our External Database
Figure Part of Our External Database
Figure Key Executives Interviewed
Table Global Light Vehicle Steering Market Size by Big Type
Figure Global Market Share of Light Vehicle Steering by Big Type in 2022
Figure Hydraulic Power Steering Picture (2018-2023)
Figure Electronic Power Steering Picture (2018-2023)
Global Light Vehicle Steering Market Size by Big Application
Table Global Light Vehicle Steering Market Size by Application
Figure Global Light Vehicle Steering Market Share by Big Application in 2022
Figure Sedans Picture
Figure SUVs Picture
Figure Others Picture
Table Global Light Vehicle Steering Comparison by Regions (M USD) (2018-2028)
Figure Global Light Vehicle Steering Market Size (Million US$) (2018-2028)
Figure North America Light Vehicle Steering Revenue (Million US$) Growth Rate (2018-2028)
Figure Europe Light Vehicle Steering Revenue (Million US$) Growth Rate (2018-2028)
Figure China Light Vehicle Steering Revenue (Million US$) Growth Rate (2018-2028)
Figure Japan Light Vehicle Steering Revenue (Million US$) Growth Rate (2018-2028)
Figure Southeast Asia Light Vehicle Steering Revenue (Million US$) Growth Rate (2018-2028)
Table Business Impact Assessment - Covid-19
Table Market Trends and Light Vehicle Steering Potential Opportunities in the COVID-19 Landscape
Table Measures / Proposal against Covid-19
Table Global Light Vehicle Steering Sales by Manufacturer (2018-2023)
Figure Global Light Vehicle Steering Sales Market Share by Manufacturer in 2022
Table Global Light Vehicle Steering Revenue by Manufacturer (2018-2023)
Figure Global Light Vehicle Steering Revenue Market Share by Manufacturer in 2022
Table Global Light Vehicle Steering Manufacturers Market Concentration Ratio (CR5 and HHI)
Figure Top 5 Light Vehicle Steering Manufacturer (Revenue) Market Share in 2022
Figure Top 10 Light Vehicle Steering Manufacturer (Revenue) Market Share in 2022
Table Date of Key Manufacturers Enter into Light Vehicle Steering Market
Table Key Manufacturers Light Vehicle Steering Product Type
Table Mergers & Acquisitions Planning
Table JTEKT Company Profile
Table Light Vehicle Steering Product Introduction, Application and Specification of JTEKT
Table Light Vehicle Steering Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company One 2018-2023
Table Company One Main Business
Table Company One Recent Development
Table Bosch Company Profile
Table Light Vehicle Steering Product Introduction, Application and Specification of Bosch
Table Light Vehicle Steering Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table Bosch Recent Development
Table Nexteer Company Profile
Table Light Vehicle Steering Product Introduction, Application and Specification of Nexteer
Table Light Vehicle Steering Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table Nexteer Main Business
Table Nexteer Recent Development
Table NSK Company Profile
Table Light Vehicle Steering Product Introduction, Application and Specification of NSK
Table Light Vehicle Steering Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table NSK Main Business
Table NSK Recent Development
Table NSK Main Business
Table NSK Recent Development
Table ThyssenKrupp Company Profile
Table Light Vehicle Steering Product Introduction, Application and Specification of ThyssenKrupp
Table Light Vehicle Steering Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table ThyssenKrupp Main Business
Table ThyssenKrupp Recent Development
Table ZF Company Profile
Table Light Vehicle Steering Product Introduction, Application and Specification of ZF
Table Light Vehicle Steering Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table ZF Main Business
Table ZF Recent Development
Table Showa Company Profile
Table Light Vehicle Steering Product Introduction, Application and Specification of Showa
Table Light Vehicle Steering Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table Showa Main Business
Table Showa Recent Development
Table Mando Company Profile
Table Light Vehicle Steering Product Introduction, Application and Specification of Mando
Table Light Vehicle Steering Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table Mando Main Business
Table Mando Recent Development
Table Hyundai Mobis Company Profile
Table Light Vehicle Steering Product Introduction, Application and Specification of Hyundai Mobis
Table Light Vehicle Steering Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table Hyundai Mobis Main Business
Table Hyundai Mobis Recent Development
Figure Global Light Vehicle Steering Sales and Growth Rate (2018-2023)
Figure Global Light Vehicle Steering Revenue and Growth Rate (2018-2023)
Table Global Light Vehicle Steering Sales by Regions (2018-2023)
Figure Global Light Vehicle Steering Sales Market Share by Regions in 2022
Table Global Light Vehicle Steering Revenue by Regions (2018-2023)
Figure Global Light Vehicle Steering Revenue Market Share by Regions in 2022
Figure North America Light Vehicle Steering Sales and Growth Rate (2018-2023)
Figure Europe Light Vehicle Steering Sales and Growth Rate (2018-2023)
Figure China Light Vehicle Steering Sales and Growth Rate (2018-2023)
Figure Japan Light Vehicle Steering Sales and Growth Rate (2018-2023)
Figure Southeast Asia Light Vehicle Steering Sales and Growth Rate (2018-2023)
Figure Other Regions Light Vehicle Steering Sales and Growth Rate (2018-2023)
Table Global Light Vehicle Steering Sales by Big Type (2018-2023)
Table Global Light Vehicle Steering Sales Market Share by Big Type (2018-2023)
Figure Global Light Vehicle Steering Sales Market Share by Big Type in 2020
Table Global Light Vehicle Steering Revenue by Big Type (2018-2023)
Table Global Light Vehicle Steering Revenue Market Share by Big Type (2018-2023)
Table Global Light Vehicle Steering Revenue Market Share by Big Type in 2020
Figure Global Hydraulic Power Steering Sales Growth Rate (2018-2023)
Figure Global Hydraulic Power Steering Price (2018-2023)
Figure Global Electronic Power Steering Sales Growth Rate (2018-2023)
Figure Global Electronic Power Steering Price (2018-2023)
Figure Global Electro-Hydraulic Power Steering Sales Growth Rate (2018-2023)
Table Global Light Vehicle Steering Sales by Big Application (2018-2023)
Table Global Light Vehicle Steering Sales Market Share by Big Application (2018-2023)
Figure Global Light Vehicle Steering Sales Market Share by Big Application in 2020
Figure Global Sedans Sales Growth Rate (2018-2023)
Figure Global SUVs Sales Growth Rate (2018-2023)
Figure Global Others Sales Growth Rate (2018-2023)
Figure Global Light Vehicle Steering Sales and Growth Rate (2023-2028)
Figure Global Light Vehicle Steering Revenue and Growth Rate (2023-2028)
Table Global Light Vehicle Steering Sales Forecast by Regions (2023-2028)
Table Global Light Vehicle Steering Market Share Forecast by Regions (2023-2028)
Figure North America Sales Light Vehicle Steering Market Forecast (2023-2028)
Figure Europe Sales Light Vehicle Steering Market Forecast (2023-2028)
Figure China Sales Light Vehicle Steering Market Forecast (2023-2028)
Figure Japan Sales Light Vehicle Steering Market Forecast (2023-2028)
Figure Southeast Asia Sales Light Vehicle Steering Market Forecast (2023-2028)
Figure Other Regions Sales Light Vehicle Steering Market Forecast (2023-2028)
Table Global Light Vehicle Steering Sales Forecast by Type (2023-2028)
Table Global Light Vehicle Steering Market Share Forecast by Type (2023-2028)
Table Global Light Vehicle Steering Sales Forecast by Application (2023-2028)
Table Global Light Vehicle Steering Market Share Forecast by Application (2023-2028)
Table Market Opportunities in Next Few Years
Table Market Risks Analysis
Table Market Drivers
Figure Porter's Five Forces Analysis
Table Macro Analysis of Upstream Markets
Table Key Players in Upstream Markets
Table Key Players of Upstream Markets
Table Key Raw Materials
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Light Vehicle Steering
Table Macro Analysis of Down Markets
Table Key Players in Down Markets
Table Key Players of Downstream Markets
Figure Sales Channel
Figure North America Light Vehicle Steering Sales (K Units) Growth Rate Forecast (2022-2026)
Figure North America Light Vehicle Steering Revenue (Million US$) Growth Rate Forecast (2022-2026)
Figure Europe Light Vehicle Steering Sales (K Units) Growth Rate Forecast (2022-2026)
Figure Europe Light Vehicle Steering Revenue (Million US$) Growth Rate Forecast (2022-2026)
Figure Japan Light Vehicle Steering Production (K Units) Growth Rate Forecast (2022-2026)
Figure Japan Light Vehicle Steering Revenue (Million US$) Growth Rate Forecast (2022-2026)
Figure China Light Vehicle Steering Production (K Units) Growth Rate Forecast (2022-2026)
Figure China Light Vehicle Steering Revenue (Million US$) Growth Rate Forecast (2022-2026)
Figure Methodology/Research Approach
Figure Market Size Estimation
Figure Author List
Research Methodology:
Global Light Vehicle Steering Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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