Global Vehicle Rear Axle Steering System Industry

2023-2029 Global Vehicle Rear Axle Steering System Industry Research & Trends Analysis Report

Global Vehicle Rear Axle Steering System Industry

2023-2029 Global Vehicle Rear Axle Steering System Industry Research & Trends Analysis Report

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According to Research, the global market for Vehicle Rear Axle Steering System should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

China Vehicle Rear Axle Steering System market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

The United States Vehicle Rear Axle Steering System market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

In terms of type, Single/Central Actuator segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Passenger Vehicles has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.

The global key manufacturers of Vehicle Rear Axle Steering System include Aisin, Denso Corporation, Hitachi Astemo, Ltd., Hyundai Mobis, JTEKT Corporation, Mando Corporation, Nexteer Automotive, NSK LTD. and NTN Corporation, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.

This report aims to provide a comprehensive study of the global market for Vehicle Rear Axle Steering System. Report Highlights:

(1) Global Vehicle Rear Axle Steering System market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global Vehicle Rear Axle Steering System market competitive situation, revenue and market share, from 2018 to 2022.

(3) China Vehicle Rear Axle Steering System market competitive situation, revenue and market share, from 2018 to 2022.

(4) Global Vehicle Rear Axle Steering System segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global Vehicle Rear Axle Steering System segment by type and by application and regional segment by type and by application.

(6) Vehicle Rear Axle Steering System industry supply chain, upstream, midstream and downstream analysis.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by type, covers

Single/Central Actuator

Dual Actuator

Market segment by application, can be divided into

Passenger Vehicles

Light Commercial Vehicles

Heavy Commercial Vehicles

Market segment by players, this report covers

Aisin

Denso Corporation

Hitachi Astemo, Ltd.

Hyundai Mobis

JTEKT Corporation

Mando Corporation

Nexteer Automotive

NSK LTD.

NTN Corporation

Robert Bosch GmbH

Schaeffler Group

SHOWA CORPORATION

ThyssenKrupp AG

WABCO

ZF Friedrichshafen AG

1 Market Overview

1.1 Product Overview and Scope of Vehicle Rear Axle Steering System

1.2 Global Vehicle Rear Axle Steering System Market Size and Forecast

1.3 China Vehicle Rear Axle Steering System Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China Vehicle Rear Axle Steering System Share in Global Market, 2018-2029

1.4.2 Vehicle Rear Axle Steering System Market Size: China VS Global, 2018-2029

1.5 Vehicle Rear Axle Steering System Market Dynamics

1.5.1 Vehicle Rear Axle Steering System Market Drivers

1.5.2 Vehicle Rear Axle Steering System Market Restraints

1.5.3 Vehicle Rear Axle Steering System Industry Trends

1.5.4 Vehicle Rear Axle Steering System Industry Policy

2 Global Competitive Situation by Company

2.1 Global Vehicle Rear Axle Steering System Revenue by Company (2018-2023)

2.2 Global Vehicle Rear Axle Steering System Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global Vehicle Rear Axle Steering System Concentration Ratio

2.4 Global Vehicle Rear Axle Steering System Mergers & Acquisitions, Expansion Plans

2.5 Global Vehicle Rear Axle Steering System Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China Vehicle Rear Axle Steering System Revenue by Company (2018-2023)

3.2 China Vehicle Rear Axle Steering System Vehicle Rear Axle Steering System Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China Vehicle Rear Axle Steering System, Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)

4 Industry Chain Analysis

4.1 Vehicle Rear Axle Steering System Industry Chain

4.2 Vehicle Rear Axle Steering System Upstream Analysis

4.3 Vehicle Rear Axle Steering System Midstream Analysis

4.4 Vehicle Rear Axle Steering System Downstream Analysis

5 Sights by Type

5.1 Vehicle Rear Axle Steering System Classification

5.1.1 Single/Central Actuator

5.1.2 Dual Actuator

5.2 By Type, Global Vehicle Rear Axle Steering System Market Size & CAGR, 2018 VS 2022 VS 2029

5.3 By Type, Global Vehicle Rear Axle Steering System Revenue, 2018-2029

6 Sights by Application

6.1 Vehicle Rear Axle Steering System Segment by Application

6.1.1 Passenger Vehicles

6.1.2 Light Commercial Vehicles

6.1.3 Heavy Commercial Vehicles

6.2 By Application, Global Vehicle Rear Axle Steering System Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Application, Global Vehicle Rear Axle Steering System Revenue, 2018-2029

7 Sales Sights by Region

7.1 By Region, Global Vehicle Rear Axle Steering System Market Size, 2018 VS 2022 VS 2029

7.2 By Region, Global Vehicle Rear Axle Steering System Market Size, 2018-2029

7.3 North America

7.3.1 North America Vehicle Rear Axle Steering System Market Size & Forecasts, 2018-2029

7.3.2 By Country, North America Vehicle Rear Axle Steering System Market Size Market Share

7.4 Europe

7.4.1 Europe Vehicle Rear Axle Steering System Market Size & Forecasts, 2018-2029

7.4.2 By Country, Europe Vehicle Rear Axle Steering System Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific Vehicle Rear Axle Steering System Market Size & Forecasts, 2018-2029

7.5.2 By Country/Region, Asia Pacific Vehicle Rear Axle Steering System Market Size Market Share

7.6 South America

7.6.1 South America Vehicle Rear Axle Steering System Market Size & Forecasts, 2018-2029

7.6.2 By Country, South America Vehicle Rear Axle Steering System Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global Vehicle Rear Axle Steering System Market Size & CAGR，2018 VS 2022 VS 2029

8.2 By Country, Global Vehicle Rear Axle Steering System Market Size, 2018-2029

8.3 U.S.

8.3.1 U.S. Vehicle Rear Axle Steering System Market Size, 2018-2029

8.3.2 By Company, U.S. Vehicle Rear Axle Steering System Revenue Market Share, 2018-2023

8.3.3 By Type, U.S. Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe Vehicle Rear Axle Steering System Market Size, 2018-2029

8.4.2 By Company, Europe Vehicle Rear Axle Steering System Revenue Market Share, 2018-2023

8.4.3 By Type, Europe Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China Vehicle Rear Axle Steering System Market Size, 2018-2029

8.5.2 By Company, China Vehicle Rear Axle Steering System Revenue Market Share, 2018-2023

8.5.3 By Type, China Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan Vehicle Rear Axle Steering System Market Size, 2018-2029

8.6.2 By Company, Japan Vehicle Rear Axle Steering System Revenue Market Share, 2018-2023

8.6.3 By Type, Japan Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea Vehicle Rear Axle Steering System Market Size, 2018-2029

8.7.2 By Company, South Korea Vehicle Rear Axle Steering System Revenue Market Share, 2018-2023

8.7.3 By Type, South Korea Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia Vehicle Rear Axle Steering System Market Size, 2018-2029

8.8.2 By Company, Southeast Asia Vehicle Rear Axle Steering System Revenue Market Share, 2018-2023

8.8.3 By Type, Southeast Asia Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India Vehicle Rear Axle Steering System Market Size, 2018-2029

8.9.2 By Company, India Vehicle Rear Axle Steering System Revenue Market Share, 2018-2023

8.9.3 By Type, India Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia Vehicle Rear Axle Steering System Market Size, 2018-2029

8.10.2 By Company, Middle East & Asia Vehicle Rear Axle Steering System Revenue Market Share, 2018-2023

8.10.3 By Type, Middle East & Asia Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia Vehicle Rear Axle Steering System Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 Aisin

9.1.1 Aisin Company Information, Head Office, Market Area and Industry Position

9.1.2 Aisin Company Profile and Main Business

9.1.3 Aisin Vehicle Rear Axle Steering System Models, Specifications and Application

9.1.4 Aisin Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.1.5 Aisin Recent Developments

9.2 Denso Corporation

9.2.1 Denso Corporation Company Information, Head Office, Market Area and Industry Position

9.2.2 Denso Corporation Company Profile and Main Business

9.2.3 Denso Corporation Vehicle Rear Axle Steering System Models, Specifications and Application

9.2.4 Denso Corporation Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.2.5 Denso Corporation Recent Developments

9.3 Hitachi Astemo, Ltd.

9.3.1 Hitachi Astemo, Ltd. Company Information, Head Office, Market Area and Industry Position

9.3.2 Hitachi Astemo, Ltd. Company Profile and Main Business

9.3.3 Hitachi Astemo, Ltd. Vehicle Rear Axle Steering System Models, Specifications and Application

9.3.4 Hitachi Astemo, Ltd. Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.3.5 Hitachi Astemo, Ltd. Recent Developments

9.4 Hyundai Mobis

9.4.1 Hyundai Mobis Company Information, Head Office, Market Area and Industry Position

9.4.2 Hyundai Mobis Company Profile and Main Business

9.4.3 Hyundai Mobis Vehicle Rear Axle Steering System Models, Specifications and Application

9.4.4 Hyundai Mobis Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.4.5 Hyundai Mobis Recent Developments

9.5 JTEKT Corporation

9.5.1 JTEKT Corporation Company Information, Head Office, Market Area and Industry Position

9.5.2 JTEKT Corporation Company Profile and Main Business

9.5.3 JTEKT Corporation Vehicle Rear Axle Steering System Models, Specifications and Application

9.5.4 JTEKT Corporation Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.5.5 JTEKT Corporation Recent Developments

9.6 Mando Corporation

9.6.1 Mando Corporation Company Information, Head Office, Market Area and Industry Position

9.6.2 Mando Corporation Company Profile and Main Business

9.6.3 Mando Corporation Vehicle Rear Axle Steering System Models, Specifications and Application

9.6.4 Mando Corporation Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.6.5 Mando Corporation Recent Developments

9.7 Nexteer Automotive

9.7.1 Nexteer Automotive Company Information, Head Office, Market Area and Industry Position

9.7.2 Nexteer Automotive Company Profile and Main Business

9.7.3 Nexteer Automotive Vehicle Rear Axle Steering System Models, Specifications and Application

9.7.4 Nexteer Automotive Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.7.5 Nexteer Automotive Recent Developments

9.8 NSK LTD.

9.8.1 NSK LTD. Company Information, Head Office, Market Area and Industry Position

9.8.2 NSK LTD. Company Profile and Main Business

9.8.3 NSK LTD. Vehicle Rear Axle Steering System Models, Specifications and Application

9.8.4 NSK LTD. Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.8.5 NSK LTD. Recent Developments

9.9 NTN Corporation

9.9.1 NTN Corporation Company Information, Head Office, Market Area and Industry Position

9.9.2 NTN Corporation Company Profile and Main Business

9.9.3 NTN Corporation Vehicle Rear Axle Steering System Models, Specifications and Application

9.9.4 NTN Corporation Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.9.5 NTN Corporation Recent Developments

9.10 Robert Bosch GmbH

9.10.1 Robert Bosch GmbH Company Information, Head Office, Market Area and Industry Position

9.10.2 Robert Bosch GmbH Company Profile and Main Business

9.10.3 Robert Bosch GmbH Vehicle Rear Axle Steering System Models, Specifications and Application

9.10.4 Robert Bosch GmbH Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.10.5 Robert Bosch GmbH Recent Developments

9.11 Schaeffler Group

9.11.1 Schaeffler Group Company Information, Head Office, Market Area and Industry Position

9.11.2 Schaeffler Group Company Profile and Main Business

9.11.3 Schaeffler Group Vehicle Rear Axle Steering System Models, Specifications and Application

9.11.4 Schaeffler Group Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.11.5 Schaeffler Group Recent Developments

9.12 SHOWA CORPORATION

9.12.1 SHOWA CORPORATION Company Information, Head Office, Market Area and Industry Position

9.12.2 SHOWA CORPORATION Company Profile and Main Business

9.12.3 SHOWA CORPORATION Vehicle Rear Axle Steering System Models, Specifications and Application

9.12.4 SHOWA CORPORATION Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.12.5 SHOWA CORPORATION Recent Developments

9.13 ThyssenKrupp AG

9.13.1 ThyssenKrupp AG Company Information, Head Office, Market Area and Industry Position

9.13.2 ThyssenKrupp AG Company Profile and Main Business

9.13.3 ThyssenKrupp AG Vehicle Rear Axle Steering System Models, Specifications and Application

9.13.4 ThyssenKrupp AG Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.13.5 ThyssenKrupp AG Recent Developments

9.14 WABCO

9.14.1 WABCO Company Information, Head Office, Market Area and Industry Position

9.14.2 WABCO Company Profile and Main Business

9.14.3 WABCO Vehicle Rear Axle Steering System Models, Specifications and Application

9.14.4 WABCO Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.14.5 WABCO Recent Developments

9.15 ZF Friedrichshafen AG

9.15.1 ZF Friedrichshafen AG Company Information, Head Office, Market Area and Industry Position

9.15.2 ZF Friedrichshafen AG Company Profile and Main Business

9.15.3 ZF Friedrichshafen AG Vehicle Rear Axle Steering System Models, Specifications and Application

9.15.4 ZF Friedrichshafen AG Vehicle Rear Axle Steering System Revenue and Gross Margin, 2018-2023

9.15.5 ZF Friedrichshafen AG Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Global Vehicle Rear Axle Steering System 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.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

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

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
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What is the current state of the Global Vehicle Rear Axle Steering System Industry, and what is the projected growth trajectory through 2030?
In 2024, the Global Vehicle Rear Axle Steering System Market share surpassed USD xx million, and between 2025 and 2030, it will grow at a CAGR of yy%.
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The influx of capital into the Global Vehicle Rear Axle Steering System Market, as well as the deployment of technologies designed to increase efficiency and yield high volume, are paving the way for promising market opportunities.
What does the future hold for the Global Vehicle Rear Axle Steering System Industry?
This latest research publication on the Global Vehicle Rear Axle Steering System Market is an in-depth market tracker that provides a comprehensive assessment of the challenges that manufacturers face in achieving new growth cycles in the current scenario.