Light Duty Truck Steering System Market Size - By Component, By Vehicle, By Technology, By Sales Channel, Growth Forecast, 2026-2035

Light Duty Truck Steering System Market Size

The global light duty truck steering system market was valued at USD 3.5 billion in 2025. The market is expected to grow from USD 3.6 billion in 2026 to USD 4.5 billion in 2035, at a CAGR of 2.7%, according to latest report published by Global Market Insights Inc.

The light duty truck steering system market is projected to witness significant growth over the coming years, driven by rising demand for safer, more efficient, and technologically advanced steering solutions, increasing adoption of electric and hybrid light-duty trucks, and expanding commercial and logistics activities. As fleet operators and individual consumers prioritize driver comfort, vehicle maneuverability, and safety, advanced light duty truck steering systems are becoming essential to enhance handling performance across diverse road conditions and operational environments.
 

The integration of advanced technologies, such as electric power steering (EPS), hydraulic-assisted steering, adaptive steering modules, and lightweight, durable components, is transforming the functionality and efficiency of modern light-duty trucks. These innovations enable improved vehicle control, reduced driver fatigue, enhanced fuel efficiency, and lower maintenance requirements, while materials such as high-strength steel, aluminum alloys, and corrosion-resistant coatings allow for robust, long-lasting steering solutions tailored to different truck models.
 

The market’s growth is further accelerated by the expansion of last-mile delivery services, urban logistics fleets, ride-sharing programs, and increasing demand for commercial vehicles with enhanced handling and safety features. Steering system components such as rack-and-pinion units, electronic control modules, power assist pumps, and ergonomic steering columns support precise vehicle control, improve driver satisfaction, and extend component lifespans. Collaboration between steering system manufacturers, vehicle OEMs, and aftermarket suppliers is strengthening market penetration across pickups, vans, and light commercial trucks.
 

In 2024, leading companies such as ZF Friedrichshafen, Bosch, Nexteer Automotive, JTEKT Corporation, Mando Corporation, NSK Ltd., TRW Automotive, and Thyssenkrupp AG expanded their product portfolios with electronic, hydraulic, and performance-oriented steering systems tailored for different light-duty truck segments. Simultaneously, fleet operators, logistics companies, and commercial vehicle owners in North America, Europe, China, and the Asia-Pacific region increased investments in advanced steering systems to improve vehicle handling, safety, and overall operational efficiency.

The light duty truck steering system market ecosystem continues to evolve as innovations in materials, modular designs, electronic integration, and energy-efficient components reshape vehicle mobility solutions. Industry stakeholders are increasingly prioritizing durable, high-performance, and customizable steering solutions that improve driver comfort, reduce maintenance costs, and support long-term sustainable transport initiatives. These advancements are redefining the light duty truck steering system market, enabling safer, more versatile, and user-centric mobility solutions for a wide range of light-duty truck applications.
 

Light Duty Truck Steering System Market Trends

The demand for advanced light duty truck steering systems is rapidly increasing, driven by growing collaboration among vehicle OEMs, aftermarket component manufacturers, technology providers, and fleet operators. These partnerships aim to enhance vehicle handling, steering precision, operational efficiency, driver comfort, and safety. Stakeholders are working together to develop integrated, modular, and data-driven steering solutions, incorporating advanced materials, ergonomic designs, electronic and hydraulic systems, IoT-enabled monitoring, and cloud-based fleet management platforms.
 

For instance, in 2024, leading companies such as Bosch, ZF Friedrichshafen, TRW Automotive, NSK, and JTEKT expanded collaborations with vehicle OEMs and component suppliers to develop electronic power steering, hydraulic-assisted modules, lightweight mechanical components, and smart steering systems. These initiatives improved handling accuracy, durability, driver experience, and operational efficiency across pickups, vans, and light commercial trucks.
 

Regional customization of light duty truck steering systems is also emerging as a key trend. Leading providers are establishing local distribution hubs, service centers, and region-specific product lines across North America, Europe, Asia-Pacific, and emerging markets. These centers support market-specific designs, regulatory compliance, and tailored solutions for diverse operational environments, including urban deliveries, long-haul transportation, and commercial fleet operations.
 

The rise of specialized component startups offering lightweight steering modules, modular electronic-hydraulic systems, AI-enabled monitoring, and digitally connected vehicle platforms is reshaping the competitive landscape. Companies developing precision steering columns, advanced power-assisted systems, and IoT-integrated solutions are enabling scalable, cost-efficient deployment of high-performance steering systems. These innovations empower both established OEMs and emerging component operators to improve vehicle safety, increase adoption, and reduce time-to-market for customized light duty truck steering solutions.
 

The development of standardized, modular, and interoperable steering systems is transforming the market. Leading players such as Bosch, ZF Friedrichshafen AG, TRW Automotive, NSK Ltd., and JTEKT Corporation are deploying platforms that support multiple truck models, customizable configurations, and regulatory-compliant designs. These solutions improve scalability, enable real-time performance monitoring, support integration across fleet operations, and enhance overall driver experience. The growing adoption of modular, versatile, and connected steering solutions is reducing operational costs, accelerating market adoption, and fostering a future-ready, efficient, and high-performance light duty truck ecosystem.
 

Light Duty Truck Steering System Market Analysis

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Based on component, the market is divided into steering gear, steering column, sensors & controllers, steering pumps, tie rods, steering wheel and others. The steering gear segment dominated the market accounting for around 26% share in 2025 and is expected to grow at a CAGR of over 2.2% from 2026 to 2035.
 

• The steering gear segment dominates the light duty truck steering system market, driven by its critical role in ensuring precise vehicle control, stability, and maneuverability across pickups, vans, and light commercial trucks. Steering gears offer robust handling performance, durability, and compatibility with hydraulic, electric, and electro-hydraulic steering architectures. Their reliability under heavy duty and variable load conditions makes them the preferred choice for OEMs, fleet operators, and commercial logistics companies, reinforcing their leadership in the market.
   
• Steering columns contribute significantly to market growth, supported by their ergonomic design, enhanced safety features, and integration with energy-absorbing mechanisms. They are widely adopted in modern light-duty trucks due to their adjustability, compatibility with electronic systems, and ability to improve driver comfort. Their ease of installation and improved crash safety performance make them essential components in both OEM and aftermarket applications.
   
• Sensors & controllers, steering pumps, tie rods, steering wheels, and other components are gaining traction, particularly with the shift toward advanced driver assistance systems (ADAS), electric power steering (EPS), and connected vehicle platforms. Sensors and controllers enhance precision, responsiveness, and real-time steering adjustments, while steering pumps support hydraulic and electro-hydraulic systems with improved efficiency. Tie rods and steering wheels address specific performance and safety needs, ensuring reliable linkage, driver comfort, and seamless integration in both standard and premium vehicle segments.
   

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Based on sales channel, the market is divided into OEM and aftermarket. The OEM segment dominates the market accounting for around 78% share in 2025 and is expected to grow at a CAGR of over 2.3% from 2026 to 2035.
 

• The OEM segment dominates the light duty truck steering system market, driven by its integration into newly manufactured pickups, vans, and light commercial trucks. OEM channels ensure high-quality, certified steering components that meet stringent safety, performance, and regulatory standards. These systems are engineered for seamless compatibility with vehicle platforms, enhancing overall steering precision, durability, and driver comfort. OEM installations are preferred by manufacturers and fleet buyers due to their reliability, superior engineering, and alignment with advanced technologies such as EPS, ADAS, and vehicle telematics.
   
• The aftermarket segment supports strong market growth among fleet operators, commercial transport providers, and individual vehicle owners seeking replacements, upgrades, or customized steering components. Aftermarket channels offer extensive product variety, cost-effective solutions, and accessibility for maintenance and repair needs. Hybrid distribution strategies leveraging both OEM and aftermarket channels enable faster deployment, reduced downtime, and broader market reach, supporting operational efficiency across logistics, urban delivery fleets, and personal-use light-duty trucks.
   

Based on vehicles, the market is divided into pickup trucks, SUVs & crossovers, light commercial vehicles (LCV) and vans. The pickup trucks segment dominated the market and was valued at USD 1.7 billion in 2025.
 

• The pickup trucks segment dominates the light duty truck steering system market, driven by strong global demand for durable, high-performance, and precise steering systems capable of supporting towing, hauling, off-road capabilities, and daily utility use. Pickup trucks require reliable EPS, HPS, or EHPS technologies to ensure smooth handling, enhanced driver control, and optimized vehicle performance across diverse terrains and operating conditions. This makes pickup trucks the primary revenue contributor across personal use, commercial fleets, construction, agriculture, and recreational applications.
   
• The SUVs and crossovers segment continues to grow steadily, fueled by consumer demand for versatile, comfortable, and fuel-efficient vehicles. Manufacturers are focusing on advanced electronic steering systems, lightweight components, and enhanced safety integration to improve vehicle stability, maneuverability, and driving comfort. The segment benefits from rising adoption of family vehicles, urban mobility trends, and increased preference for premium comfort and drivability.
   
• Light commercial vehicles (LCVs) and vans are emerging as important contributors to overall market expansion. Growing demand from logistics, e-commerce delivery fleets, and urban transportation is driving adoption of advanced, durable steering systems with improved load-handling capability and driver safety features. Investment in smart steering technologies, improved ergonomics, and connected system integration is supporting widespread use across last-mile delivery, fleet operations, and commercial service applications, contributing significantly to the broader growth of the light duty truck steering system market.
   

Based on technology, the market is divided into electric power steering (EPS), hydraulic power steering (HPS), electro-hydraulic power steering (EHPS) and steer-by-wire. The electric power steering (EPS) segment dominated the market and was valued at USD 1.6 billion in 2025.
 

• The electric power steering (EPS) segment dominates the light duty truck steering system market, supported by its high efficiency, lower energy consumption, and strong compatibility with modern vehicle platforms, including electric and hybrid light-duty trucks. EPS delivers precise steering control, enhanced driver comfort, and seamless integration with advanced driver assistance systems (ADAS). Its lightweight design reduced maintenance needs, and fuel-saving benefits make it the preferred choice for OEMs and fleet operators, firmly establishing EPS as the leading technology across new vehicle production.
   
• The hydraulic power steering (HPS) and electro-hydraulic power steering (EHPS) segments continue to play significant roles, especially in applications requiring strong mechanical performance and reliability under heavy load conditions. HPS remains valued for its robust construction and consistent operation in demanding environments, making it suitable for conventional light-duty truck models. Meanwhile, EHPS blends hydraulic strength with electronic control, offering smoother handling and improved energy efficiency. These systems are widely used in transitional fleets and mid-range models that require a balance of durability and advanced functionality.
   
• The steer-by-wire segment is emerging as a transformative technology, gaining traction in premium, autonomous-ready, and next-generation light-duty trucks. By eliminating traditional mechanical linkages, steer-by-wire provides fully electronic steering control, enabling customizable steering feel, enhanced safety features, and greater vehicle design flexibility. As connected and autonomous vehicle technologies expand, steer-by-wire systems are expected to accelerate market growth, positioning themselves as a key enabler of future mobility in the light-duty truck steering ecosystem.
   

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China dominated the Asia Pacific light duty truck steering system market with around 33% market share and generated approximately USD 443.5 million revenue in 2025, driven by rapid expansion in vehicle production, strong demand for pickup trucks and light commercial vehicles (LCVs), and continuous investments in advanced automotive technologies. The country benefits from a well-established automotive manufacturing base, robust supply chain networks, and increasing adoption of electronic power steering (EPS), steer-by-wire, and advanced driver assistance system (ADAS)–integrated steering solutions. Strong government support for new energy vehicles (NEVs) and stricter safety regulations further boost the adoption of modern steering technologies.
 

• Major automotive manufacturing hubs such as Shanghai, Guangzhou, Chongqing, and Wuhan contribute significantly to the market’s growth, with leading OEMs and tier-1 suppliers focusing on high-efficiency, lightweight, and fuel-saving steering architectures. China’s dominance is further supported by the presence of globally recognized steering system manufacturers and component suppliers, enabling large-scale production, technological innovation, and cost-efficient manufacturing.
   
• Other Asia-Pacific markets, including Japan, South Korea, and India, continue to expand steadily, but at a slower pace compared to China. Japan emphasizes premium vehicles with advanced hydraulic and electronic steering systems, South Korea is growing through strong domestic OEMs and export-oriented production, and India is witnessing rising demand for LCVs and utility vehicles in logistics and e-commerce sectors. While these markets are developing rapidly, China’s large production capacity, technological leadership, and strong domestic demand ensure its continued dominance in the regional market.
   

U.S. holds 91% share in North America light duty truck steering system market in 2025, and it will grow tremendously between 2026 and 2035, supported by a large fleet of pickup trucks, SUVs, crossovers, and light commercial vehicles (LCVs), along with strong consumer demand for advanced safety and comfort features. The region benefits from robust automotive manufacturing capabilities, high adoption of electronic power steering (EPS) and advanced driver assistance system (ADAS) integrated steering technologies, and well-established supply chains, making it a key contributor to global steering system demand.
 

• The United States dominated the North American market, driven by high production and sales of light duty trucks particularly pickup trucks and SUVs which form the backbone of the country's automotive sector. Strong consumer preference for durable, high-performance steering systems, combined with rapid adoption of EPS, steer-by-wire, and lightweight steering components, supports market leadership. Major states such as Michigan, Texas, California, and Ohio are home to leading OEMs, large vehicle fleets, and advanced R&D centers that serve as primary hubs for steering system innovation and commercialization.
   
• Key industry players in the U.S., including Nexteer Automotive, TRW/ZF, Bosch, JTEKT, and NSK, continue to expand their technology portfolios, focusing on electrified steering systems, integrated ADAS functionalities, improved durability, and enhanced steering feel. Their sustained investments in engineering capabilities, manufacturing expansions, and partnerships with U.S.-based automotive OEMs further reinforce the United States’ dominant position in the North American market.
   

Germany holds share of 26% share in Europe light duty truck steering system market in 2025 and it will grow tremendously between 2026 and 2035.
 

• Europe accounted for a significant share, supported by strong adoption of advanced steering technologies across pickup trucks, SUVs, crossovers, and light commercial vehicles. The region benefits from stringent safety regulations, growing electrification of vehicle fleets, and increasing integration of ADAS-enabled steering solutions. Well-established automotive manufacturing clusters, robust OEM–supplier partnerships, and a mature aftermarket ecosystem contribute to Europe’s strong presence in the global steering system landscape.
   
• Germany dominated the Europe light duty truck steering system market, driven by its world-leading automotive industry, advanced engineering capabilities, and large-scale production of light duty vehicles. German OEMs including Volkswagen, Mercedes-Benz, BMW, and MAN are rapidly adopting electronic power steering (EPS), steer-by-wire, and electro-hydraulic steering solutions to enhance vehicle efficiency, safety, and handling performance. Strong R&D investment, extensive testing infrastructure, and high consumer demand for technologically advanced and premium vehicles further reinforce Germany’s leadership in steering innovation and market share.
   
• Other major European countries, including France, the UK, and Italy, are also contributing to regional growth, driven by expanding production of light duty trucks and increasing adoption of electric and hybrid vehicle platforms. France focuses on emissions-efficient steering technologies, the UK emphasizes vehicle safety and ADAS integration, and Italy continues to develop durable steering components for performance-focused vehicle segments. Despite differing levels of market maturity, Germany remains the dominant force due to its superior manufacturing scale, technological leadership, and strong collaboration between OEMs and steering system suppliers.
   

The Light duty truck steering system market in Brazil will experience significant growth between 2026 and 2035.
 

• Latin America holds a smaller but steadily expanding share of the light duty truck steering system industry, driven by increasing production of light duty trucks, rising urbanization, and growing demand for reliable, cost-efficient steering technologies. The region is witnessing gradual adoption of electric power steering (EPS), hydraulic power steering (HPS), and electro-hydraulic systems across pickup trucks, SUVs, crossovers, and light commercial vehicles. Strengthening OEM presence, expanding automotive assembly operations, and improving aftermarket distribution networks continue to support Latin America’s growing role in the global steering system landscape.
   
• Brazil dominated the Latin America light duty truck steering system market, supported by its large automotive manufacturing base, strong demand for pickup trucks and SUVs, and widespread adoption of advanced steering technologies. Major OEMs operating in Brazil including General Motors, Stellantis, Ford, Toyota, and Volkswagen are integrating EPS, HPS, and EHPS systems to enhance vehicle maneuverability, fuel efficiency, and safety performance. Urban centers such as São Paulo, Rio de Janeiro, and Brasília are witnessing strong demand for technologically advanced steering components, while robust supply chains, a skilled workforce, and domestic production capabilities reinforce Brazil’s leadership in the regional market.
   
• Mexico represents the second largest and a rapidly growing market, driven by expanding automotive assembly plants, increasing production of light commercial vehicles, and growing adoption of electric and hybrid powertrains. Cities such as Mexico City, Monterrey, and Guadalajara are experiencing rising demand for efficient and durable steering systems, supported by a well-developed supplier ecosystem and improving aftermarket channels. Alongside Brazil’s established dominance, Mexico’s accelerating growth is contributing significantly to the overall advancement and competitiveness of the Latin American market.
   

The light duty truck steering system market in UAE will experience significant growth between 2026 and 2035.
 

• MEA accounted for a modest share of the market, supported by steady expansion of automotive production, rising demand for pickup trucks, SUVs, and light commercial vehicles, and increasing investments in mobility infrastructure. Countries across the region are adopting electric power steering (EPS), hydraulic power steering (HPS), and electro-hydraulic power steering (EHPS) systems to improve vehicle efficiency, maneuverability, and safety. Strengthening OEM presence, development of localized assembly operations, and growing aftermarket distribution networks further support MEA’s gradual integration into the global steering system ecosystem.
   
• The UAE dominated the MEA light duty truck steering system market, driven by high adoption of advanced steering technologies in pickup trucks, SUVs, crossovers, and commercial fleets. The country’s strong automotive demand, particularly in Dubai and Abu Dhabi, continues to accelerate the integration of EPS, HPS, and steer-by-wire solutions for enhanced vehicle handling, improved fuel efficiency, and superior driving comfort. The UAE benefits from advanced infrastructure, a robust import ecosystem, and increasing adoption of modern LCVs by logistics, construction, rental, and government sectors, solidifying its leadership in the region.
  
   
• A key trend shaping the UAE market is the rapid transition toward smart, connected, and highly efficient steering technologies, including EPS-equipped light duty trucks, integrated sensor-based steering assistance, and predictive maintenance features. OEMs and fleet operators are increasingly adopting intelligent steering control units, torque sensors, and ADAS-ready steering systems to improve safety, precision, and operational reliability. These advancements combined with premium vehicle demand, strong aftermarket availability, and government-backed mobility initiatives continue to position the UAE as the benchmark market for innovation, performance, and technology adoption in the MEA light duty truck steering system landscape.
   

Light Duty Truck Steering System Market Share

• The top 7 companies in the market are Bosch, NSK, ZF Friedrichshafen, TRW Automotive, JTEKT Corporation, Hyundai Mobis, and Thyssenkrupp. These companies hold around 70% of the market share in 2025.
   

• Bosch is a global leader in light duty truck steering systems, offering electric power steering (EPS), hydraulic power steering (HPS), and electro-hydraulic systems for pickups, SUVs, crossovers, and light commercial vehicles. Bosch emphasizes precision engineering, durable materials, and ergonomic designs to enhance vehicle handling, safety, and driver comfort. The company serves both OEMs and fleet operators, supporting large-scale adoption through global distribution networks, technical service centers, and aftermarket channels.
   
• NSK provides advanced steering solutions, including rack-and-pinion, ball-screw, and electronic steering systems, for light-duty trucks. NSK focuses on high-precision control, durability, and low-maintenance designs to improve vehicle maneuverability, reliability, and operational efficiency. OEM partnerships and aftermarket distribution channels enable scalable deployment across commercial and passenger vehicle fleets worldwide.
   
• ZF Friedrichshafen delivers a comprehensive range of steering systems, including EPS, HPS, and steer-by-wire technologies for light-duty trucks and vans. The company emphasizes modular designs, integration with ADAS, and advanced materials to enhance steering precision, safety, and performance. ZF leverages global OEM collaborations, technical support networks, and aftermarket channels to strengthen market share and maintain a leading position.
   
• TRW Automotive specializes in hydraulic, electro-hydraulic, and electronic steering systems for pickups, SUVs, and light commercial vehicles. TRW focuses on robust performance under variable loads, high reliability, and driver safety. OEM collaborations, service networks, and aftermarket availability ensure widespread adoption and reinforce its market presence globally.
   
• JTEKT  offers EPS, HPS, and EHPS systems with a focus on lightweight construction, electronic integration, and high reliability. The company serves OEMs and fleet operators worldwide, providing advanced steering solutions that enhance safety, efficiency, and driver comfort. Regional distribution and service networks strengthen its global market share.
   
• Hyundai Mobis  provides electric, hydraulic, and electro-hydraulic steering systems for light-duty trucks, SUVs, and crossovers. Hyundai Mobis emphasizes integration with vehicle safety systems, fuel efficiency, and ergonomic design. Strong OEM relationships, technological innovation, and regional support networks contribute to the company’s significant market share in Asia and globally.
   
• Thyssenkrupp delivers advanced steering solutions, including EPS and HPS systems, for light-duty trucks and commercial vehicles. The company focuses on durability, performance underload, and integration with modern electronic vehicle systems. OEM partnerships and aftermarket service capabilities enable broad adoption and reinforce its position in the steering system market.
   

Light Duty Truck Steering System Market Companies

Major players operating in the light duty truck steering system industry include:

• Bosch
• Delphi Technologies
• Denso
• Hyundai Mobis
• JTEKT
• KYB
• NSK
• Thyssenkrupp
• TRW Automotive
• ZF Friedrichshafen
   

• The light duty truck steering system market is highly competitive, with leading developers, OEMs, and aftermarket solution providers such as Bosch, NSK, ZF Friedrichshafen, TRW Automotive, JTEKT, Hyundai Mobis, and Thyssenkrupp occupying key segments across electric power steering (EPS), hydraulic power steering (HPS), electro-hydraulic systems (EHPS), and steer-by-wire solutions for pickups, SUVs, crossovers, and light commercial vehicles.
   
• Bosch, ZF Friedrichshafen, and TRW Automotive lead the market with high-performance, precision-engineered steering systems, integrating advanced electronic control, durable materials, lightweight construction, and ergonomic designs. These companies focus on enhancing vehicle handling, driver safety, maneuverability, and operational efficiency across commercial fleets, personal-use light-duty trucks, and premium vehicle segments globally.
   
• NSK, JTEKT, Hyundai Mobis, and Thyssenkrupp specialize in modular, scalable, and cost-effective steering solutions, emphasizing EPS, HPS, and EHPS systems for diverse light-duty truck models. Their platforms support flexible integration, reduced maintenance, and improved driver experience, enabling commercial, urban, and fleet applications while ensuring broad market reach and operational reliability.
   
• Overall, the market is characterized by rapid technological innovation, with companies continuously developing durable, lightweight, and connected steering systems, integrating modular designs, electronic control units, and advanced safety functionalities. Market players are focused on delivering reliable, efficient, and high-performance light duty truck-steering solutions, improving driver comfort, vehicle safety, and fleet operational efficiency across global automotive segments.
   

Light Duty Truck Steering System Industry News

• In March 2025, Bosch launched a new line of advanced electric and electro-hydraulic steering systems for light-duty trucks and SUVs, featuring enhanced durability, lightweight construction, and improved steering precision. The initiative aims to strengthen OEM and aftermarket offerings, supporting commercial fleets, urban vehicles, and premium pickup segments globally.
   
• In February 2025, ZF Friedrichshafen introduced next-generation steer-by-wire and EPS systems with integrated ADAS support, reduced response times, and modular design. The rollout focuses on improving vehicle handling, driver safety, and operational efficiency for light-duty trucks, vans, and crossovers.
   
• In January 2025, TRW Automotive unveiled upgraded hydraulic and electro-hydraulic steering lines for pickup trucks and light commercial vehicles, emphasizing higher precision, durability, and reduced driver effort. The initiative targets fleet operators, OEMs, and premium vehicle manufacturers, enhancing overall steering performance and reliability.
   
• In December 2024, JTEKT expanded its EPS and HPS portfolio, incorporating modular components, improved torque control, and broad vehicle compatibility across pickups, SUVs, and LCVs. The deployment aims to increase adoption, simplify maintenance, and enhance integration with advanced safety and driver assistance systems.
   
• In October 2024, Hyundai Mobis, and Thyssenkrupp launched next-generation steering solutions for light-duty trucks, including lightweight EPS and electro-hydraulic systems with electronic integration and enhanced ergonomics. The move emphasizes scalable deployment, driver comfort, and high-precision control, supporting commercial, urban, and premium vehicle segments worldwide.
   

The light duty truck steering system market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn) and volume (Units) from 2022 to 2035, for the following segments:

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Market, By Component

• Steering gear
• Steering column
• Sensors & controllers
• Steering pumps
• Tie rods
• Steering wheel
• Others

Market, By Vehicle

• Pickup trucks
• SUVs & crossovers
• Light commercial vehicles (LCV)
• Vans

Market, By Technology

• Electric power steering (EPS)
• Hydraulic power steering (HPS)
• Electro-hydraulic power steering (EHPS)
• Steer-by-wire

Market, By Sales Channel

• OEM
• Aftermarket

The above information is provided for the following regions and countries:

• North America
  • US
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Belgium
  • Netherlands
  • Sweden
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Singapore
  • South Korea
  • Vietnam
  • Indonesia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE