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    US Automotive Steering Systems Market

    ID: MRFR/AM/16691-HCR
    100 Pages
    Sejal Akre
    October 2025

    US Automotive Steering Systems Market Research Report By Steering System (Manual, Electrically Powered, Electro-hydraulic Powered, Hydraulic Powered), By Component (Hydraulic Pump, Steering Sensor & Column, Electric Motor, Others), By Sales Channel (OEM, Aftermarket) and By Vehicle Type (Commercial Vehicle, Passenger Vehicle, Others) - Forecast to 2035

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    US Automotive Steering Systems Market Infographic
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    US Automotive Steering Systems Market Summary

    As per MRFR analysis, the US automotive steering-systems market size was estimated at 3000.0 USD Million in 2024. The US automotive steering-systems market is projected to grow from 3142.5 USD Million in 2025 to 5000.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.75% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US automotive steering-systems market is experiencing a transformative shift towards advanced technologies and sustainable practices.

    • The rise of electric power steering systems is reshaping the market landscape.
    • Integration of autonomous driving features is becoming increasingly prevalent in steering systems.
    • Sustainable manufacturing practices are gaining traction among automotive manufacturers.
    • Technological advancements and growing demand for vehicle electrification are key drivers of market growth.

    Market Size & Forecast

    2024 Market Size 3000.0 (USD Million)
    2035 Market Size 5000.0 (USD Million)

    Major Players

    Robert Bosch GmbH (DE), JTEKT Corporation (JP), ZF Friedrichshafen AG (DE), Thyssenkrupp AG (DE), Mando Corporation (KR), Nexteer Automotive (US), Continental AG (DE), DENSO Corporation (JP)

    US Automotive Steering Systems Market Trends

    the automotive steering-systems market is undergoing a transformative phase driven by advancements in technology and evolving consumer preferences. The integration of electric power steering systems is becoming increasingly prevalent, as these systems offer enhanced fuel efficiency and improved vehicle handling. Additionally, the push towards autonomous driving technologies is influencing the design and functionality of steering systems, leading to innovations that prioritize safety and user experience. As manufacturers adapt to these changes, the market is likely to witness a shift towards more sophisticated steering solutions that cater to the demands of modern vehicles. Moreover, sustainability is emerging as a key consideration within the automotive steering-systems market. Manufacturers are exploring eco-friendly materials and production processes to reduce their environmental impact. This trend aligns with broader industry efforts to promote greener practices and meet regulatory requirements. As the automotive landscape continues to evolve, the steering systems sector is poised to play a crucial role in shaping the future of mobility, emphasizing efficiency, safety, and sustainability.

    Rise of Electric Power Steering Systems

    Electric power steering systems are gaining traction due to their ability to enhance fuel efficiency and provide better vehicle control. This trend reflects a broader shift towards electrification in the automotive sector, as manufacturers seek to reduce emissions and improve performance.

    Integration of Autonomous Driving Features

    The automotive steering-systems market is increasingly influenced by the development of autonomous driving technologies. Steering systems are being designed to accommodate advanced driver-assistance systems, which enhance safety and facilitate a smoother driving experience.

    Focus on Sustainable Manufacturing Practices

    Sustainability is becoming a priority in the automotive steering-systems market, with manufacturers exploring eco-friendly materials and processes. This trend aligns with the industry's commitment to reducing its carbon footprint and adhering to environmental regulations.

    US Automotive Steering Systems Market Drivers

    Growing Demand for Vehicle Electrification

    The automotive steering-systems market is significantly influenced by the growing demand for vehicle electrification. As manufacturers shift towards electric vehicles (EVs), the need for efficient steering systems that complement electric drivetrains becomes paramount. In 2025, it is estimated that EVs will account for over 30% of new vehicle sales in the US, necessitating the development of compatible steering technologies. This transition not only enhances vehicle performance but also aligns with regulatory pressures for lower emissions, thereby driving innovation within the automotive steering-systems market.

    Increased Focus on Vehicle Safety Regulations

    The automotive steering-systems market is also shaped by heightened regulatory scrutiny regarding vehicle safety. In the US, the National Highway Traffic Safety Administration (NHTSA) has implemented stricter safety standards, compelling manufacturers to adopt advanced steering technologies. This regulatory environment is likely to propel the market, as companies invest in research and development to meet compliance requirements. By 2025, it is anticipated that the market will see a growth rate of approximately 5% annually, driven by the need for enhanced safety features in steering systems.

    Technological Advancements in Steering Systems

    the automotive steering-systems market is experiencing a surge in innovations, particularly with the integration of advanced driver-assistance systems (ADAS). These innovations enhance vehicle safety and performance, leading to increased consumer demand. In 2025, the market for electric power steering systems is projected to reach approximately $20 billion, driven by the need for improved fuel efficiency and reduced emissions. Furthermore, the incorporation of features such as lane-keeping assist and adaptive cruise control is likely to bolster the market, as consumers increasingly prioritize safety and convenience in their vehicles.

    Expansion of Automotive Manufacturing in the US

    The automotive steering-systems market is benefiting from the expansion of automotive manufacturing in the US. With several manufacturers establishing new production facilities, there is an increased demand for steering systems that meet the needs of modern vehicles. This growth is further fueled by investments in automation and smart manufacturing technologies, which enhance production efficiency. As the automotive industry continues to evolve, the steering-systems market is expected to grow in tandem, with projections indicating a market value increase of 4% annually through 2025. This expansion underscores the importance of steering systems in the overall automotive landscape.

    Rising Consumer Preference for Advanced Features

    The automotive steering-systems market is witnessing a shift in consumer preferences towards vehicles equipped with advanced features. As consumers become more tech-savvy, there is a growing expectation for steering systems that offer enhanced connectivity and functionality. Features such as steer-by-wire technology and customizable steering responses are becoming increasingly popular. This trend is likely to drive market growth, as manufacturers strive to meet consumer demands for innovative and user-friendly steering solutions. By 2025, the market is projected to expand by 6%, reflecting this evolving consumer landscape.

    Market Segment Insights

    By Steering System: Electrically Powered (Largest) vs. Electro-Hydraulic Powered (Fastest-Growing)

    The market share distribution among the segment values reveals that Electrically Powered steering systems dominate the market, accounting for the largest share due to their integration of advanced technologies and strong demand for improved vehicle efficiency. Manual steering systems continue to hold a smaller yet significant portion, while Hydraulic Powered systems maintain their relevance in certain applications. Conversely, Electro-Hydraulic Powered systems are swiftly gaining traction, influenced by the trend towards enhanced steering performance and fuel efficiency. Growth trends indicate a robust shift towards Electrically Powered steering systems as manufacturers prioritize lightweight design and energy conservation. The demand for Electro-Hydraulic Powered systems is also on the rise, driven by enhanced precision and responsiveness in driving dynamics. Furthermore, advancements in electric power steering technology and regulatory pushes for sustainable automotive solutions are propelling the growth of these systems. Overall, the market dynamics reflect a clear transition towards more efficient and innovative steering technologies.

    Electrically Powered (Dominant) vs. Electro-Hydraulic Powered (Emerging)

    Electrically Powered steering systems have solidified their position as the dominant choice in the US automotive steering-systems market, primarily due to their lower weight, improved fuel efficiency, and increased flexibility in vehicle design. These systems often feature advanced driver-assistance capabilities, enhancing overall vehicle safety and user experience. On the other hand, Electro-Hydraulic Powered systems are emerging as a critical contender, offering a combination of hydraulic force and electric actuation to deliver superior steering feedback and control. As vehicle manufacturers continue to innovate, the demand for these systems is expected to rise, facilitating enhanced driving dynamics and performance, making them a key area to watch in future developments.

    By Component: Hydraulic Pump (Largest) vs. Electric Motors (Fastest-Growing)

    In the US automotive steering-systems market, the market share distribution among component values shows a clear dominance of hydraulic pumps, which continue to be the largest segment due to their reliable performance and widespread adoption in traditional vehicles. On the other hand, electric motors are gaining traction, showing significant uptake as manufacturers pivot towards more efficient and eco-friendly systems. Steering sensors and columns, while essential, capture a smaller segment of the market, contributing to an overall diversified component landscape. The growth trends in this segment are primarily influenced by the increasing demand for electrification in vehicles, alongside stringent emission regulations driving innovation. As electric motors arise as the fastest-growing segment, advancements in technology are making them more appealing for new vehicle designs. Hydraulic pumps, while still dominant, face challenges from the shift toward electric steering systems, which present new opportunities for growth in different vehicle types, especially electric vehicles.

    Hydraulic Pump (Dominant) vs. Electric Motors (Emerging)

    Hydraulic pumps have established themselves as the dominant component in the automotive steering systems landscape, providing consistent and robust performance that meets the demands of traditional vehicles. Their extensive use in various applications is underpinned by their capacity to deliver high torque and reliability. Conversely, electric motors represent the emerging force within the market, driven by the global shift towards sustainable mobility solutions. They offer advantages such as energy efficiency and reduced weight, making them increasingly attractive to manufacturers looking to innovate. As the technology behind electric motors continues to improve, their adoption is expected to rise significantly, positioning them as a key player in the future of automotive steering technologies.

    By Vehicle Type: Passenger Vehicles (Largest) vs. Commercial Vehicles (Fastest-Growing)

    In the US automotive steering-systems market, the distribution of market share among vehicle types reveals that passenger vehicles hold the largest proportion, driven by the high consumer demand for personal transportation. Conversely, commercial vehicles are emerging as the fastest-growing segment, fueled by increased e-commerce activities and the need for efficient last-mile delivery solutions. This shift is indicative of changing consumer behaviors and advancements in logistics. Growth trends in this segment are primarily influenced by technological innovations and regulatory changes mandating enhanced safety features in steering systems. Additionally, the rise of electric and autonomous vehicles is expected to further drive both segments, as automakers adapt their steering technologies to meet the evolving requirements, aiming for improved performance and efficiency in both passenger and commercial classifications.

    Passenger Vehicles (Dominant) vs. Commercial Vehicles (Emerging)

    Passenger vehicles dominate the US automotive steering-systems market, characterized by advanced steering technologies aimed at enhancing driver comfort and safety. This segment is marked by a strong shift towards electric power steering (EPS) systems, which offer better fuel efficiency and a more responsive driving experience. In contrast, commercial vehicles represent an emerging segment with unique challenges and requirements, including the need for more robust and reliable steering systems due to varying load conditions. Innovations such as steer-by-wire technology are gradually being adopted here, driven by the demand for efficiency in commercial operations. As logistics and transport needs evolve, both segments are poised for significant investments, reflecting a transformative period in steering system technologies.

    By Sales Channel: OEM (Largest) vs. Aftermarket (Fastest-Growing)

    In the US automotive steering-systems market, the OEM segment commands the largest share, showcasing its dominance in providing steering solutions for new vehicles. This segment heavily benefits from collaborations with major automotive manufacturers and the rising trend of integrated technology in vehicle designs. Meanwhile, the Aftermarket segment holds a promising position as an emerging player, driven by increasing consumer demand for vehicle customization and maintenance solutions. Growth trends indicate a significant uptick in the Aftermarket segment, influenced by factors such as the rising age of vehicles on the road and consumers seeking to enhance vehicle performance. Innovations like electric power steering systems in aftermarket offerings are also gaining traction, catering to the evolving needs of consumers. Furthermore, the trend towards eco-friendly and sustainable steering solutions is expected to bolster growth in both segments, but particularly within the Aftermarket, as more consumers opt for green alternatives.

    OEM (Dominant) vs. Aftermarket (Emerging)

    The OEM segment remains dominant within the US automotive steering-systems market, primarily due to its established relationships with vehicle manufacturers and a consistent demand for original equipment parts. OEM systems are characterized by their high-quality standards, reliability, and integration into the latest vehicle technologies, making them essential in the new car production process. On the other hand, the Aftermarket segment is emerging with rapid growth, fueled by the aging vehicle fleet and an increasing consumer inclination towards customization and performance upgrades. Aftermarket products often provide competitive pricing and flexibility, enabling consumers to select solutions that meet their specific needs, thus driving greater market participation and innovation.

    Get more detailed insights about US Automotive Steering Systems Market

    Key Players and Competitive Insights

    The automotive steering-systems market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for enhanced vehicle performance. Key players such as Robert Bosch GmbH (Germany), JTEKT Corporation (Japan), and Nexteer Automotive (US) are strategically positioned to leverage innovation and partnerships to maintain their competitive edge. Robert Bosch GmbH (Germany) focuses on integrating advanced driver-assistance systems (ADAS) into their steering solutions, enhancing safety and user experience. Meanwhile, JTEKT Corporation (Japan) emphasizes the development of electric power steering systems, aligning with the growing trend towards electrification in the automotive sector. These strategies collectively shape a competitive environment that is increasingly focused on technological differentiation and customer-centric solutions.

    In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance efficiency and responsiveness to market demands. The market structure appears moderately fragmented, with several key players exerting significant influence. This fragmentation allows for a variety of competitive strategies, as companies seek to carve out niche markets while also competing on a broader scale. The collective influence of these key players fosters an environment where innovation and operational excellence are paramount.

    In October 2025, Nexteer Automotive (US) announced a strategic partnership with a leading electric vehicle manufacturer to develop next-generation steering systems tailored for electric vehicles. This collaboration is poised to enhance Nexteer's position in the rapidly growing EV market, reflecting a broader industry trend towards electrification and sustainability. The partnership underscores the importance of aligning product offerings with evolving consumer preferences and regulatory requirements.

    In September 2025, ZF Friedrichshafen AG (Germany) unveiled a new line of steer-by-wire systems designed to improve vehicle maneuverability and reduce weight. This innovation is significant as it aligns with the industry's shift towards more efficient and flexible vehicle architectures. By investing in such technologies, ZF is likely to strengthen its market position and appeal to manufacturers seeking to enhance vehicle performance.

    In August 2025, Thyssenkrupp AG (Germany) expanded its production capabilities in North America, focusing on advanced steering technologies. This move is indicative of the company's commitment to meeting the growing demand for high-performance steering systems in the region. By enhancing local production, Thyssenkrupp aims to improve supply chain reliability and reduce lead times, which are critical factors in maintaining competitiveness.

    As of November 2025, the automotive steering-systems market is witnessing trends such as digitalization, sustainability, and the integration of artificial intelligence (AI) into steering technologies. Strategic alliances are increasingly shaping the competitive landscape, as companies recognize the value of collaboration in driving innovation. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, reliability, and sustainability. This shift suggests that companies will need to invest in R&D and forge strategic partnerships to remain relevant in an increasingly complex market.

    Key Companies in the US Automotive Steering Systems Market market include

    Industry Developments

    Recent developments in the US Automotive Steering Systems Market reveal ongoing growth and innovation, particularly among key players such as TRW Automotive, Aisin Seiki Co Ltd, and ZF Friedrichshafen AG. Notably, in January 2023, Nexteer Automotive announced an expansion of its electric power steering production capabilities to meet increasing demand for fuel efficiency and electric vehicles. Mando Corporation is also investing in Research and Development for advanced steering technologies, which is critical for meeting evolving regulatory standards. 

    Amidst these advancements, a significant merger occurred in December 2022 when Schaeffler AG completed its acquisition of a controlling interest in a steering systems company to enhance its product portfolio. The market has seen an uptick in valuation due to the heightened demand for advanced driver-assistance systems (ADAS) and automated vehicles, reflecting a shift in consumer preferences and regulatory frameworks emphasizing safety and efficiency. The growth trajectory of the automotive sector post-pandemic continues to drive interest and investment, particularly in electric steering systems.

    The market's evolution indicates sustained interest in automotive technology integration aimed at improving overall vehicle performance and safety standards in the United States.

    Future Outlook

    US Automotive Steering Systems Market Future Outlook

    The automotive steering-systems market is projected to grow at a 4.75% CAGR from 2024 to 2035, driven by technological advancements and increasing vehicle electrification.

    New opportunities lie in:

    • Development of advanced driver-assistance systems (ADAS) integration
    • Expansion into electric vehicle (EV) steering solutions
    • Investment in autonomous vehicle steering technologies

    By 2035, the market is expected to achieve robust growth and innovation.

    Market Segmentation

    US Automotive Steering Systems Market Component Outlook

    • Hydraulic Pump
    • Steering Sensors & Columns
    • Electric Motors
    • Others

    US Automotive Steering Systems Market Vehicle Type Outlook

    • Commercial Vehicles
    • Passenger Vehicles
    • Others

    US Automotive Steering Systems Market Sales Channel Outlook

    • OEM
    • Aftermarket

    US Automotive Steering Systems Market Steering System Outlook

    • Manual
    • Electrically Powered
    • Electro-Hydraulic Powered
    • Hydraulic Powered

    Report Scope

    MARKET SIZE 20243000.0(USD Million)
    MARKET SIZE 20253142.5(USD Million)
    MARKET SIZE 20355000.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)4.75% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Robert Bosch GmbH (DE)", "JTEKT Corporation (JP)", "ZF Friedrichshafen AG (DE)", "Thyssenkrupp AG (DE)", "Mando Corporation (KR)", "Nexteer Automotive (US)", "Continental AG (DE)", "DENSO Corporation (JP)"]
    Segments CoveredSteering System, Component, Vehicle Type, Sales Channel
    Key Market OpportunitiesIntegration of advanced driver-assistance systems enhances demand in the automotive steering-systems market.
    Key Market DynamicsTechnological advancements in electric steering systems drive competitive dynamics and regulatory compliance in the automotive steering-systems market.
    Countries CoveredUS

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    FAQs

    What is the expected market size of the US Automotive Steering Systems Market in 2024?

    The US Automotive Steering Systems Market is expected to be valued at approximately 3.6 billion USD in 2024.

    What will be the market size of the US Automotive Steering Systems Market in 2035?

    The market is projected to reach around 6.0 billion USD by 2035.

    What is the expected CAGR for the US Automotive Steering Systems Market from 2025 to 2035?

    The anticipated CAGR for the market is 4.753 percent during the period from 2025 to 2035.

    Which steering system segment is expected to dominate the US Automotive Steering Systems Market in 2024?

    The Electrically Powered steering system segment is expected to dominate, valued at about 1.2 billion USD in 2024.

    What is the expected value of the Manual steering system segment in the US Automotive Steering Systems Market for 2035?

    The Manual steering system segment is projected to reach a value of approximately 1.2 billion USD in 2035.

    Who are the key players in the US Automotive Steering Systems Market?

    Major players include TRW Automotive, Aisin Seiki Co Ltd, Thyssenkrupp AG, and Robert Bosch GmbH among others.

    What challenges is the US Automotive Steering Systems Market currently facing?

    The market faces challenges such as competition from new technologies and evolving consumer preferences.

    What are the growth drivers for the US Automotive Steering Systems Market?

    The growth is driven by increasing vehicle production and the demand for advanced steering technologies.

    How is the Electro-hydraulic Powered steering segment expected to perform by 2035?

    By 2035, the Electro-hydraulic Powered segment is estimated to be valued at around 1.5 billion USD.

    What impact does global automotive trends have on the US Automotive Steering Systems Market?

    Global automotive trends significantly influence the market through advancements in technology and consumer demand for efficiency.

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