Global Automotive Steering Control Module Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Power-Assisted Steering (EPAS), and Electric Hydraulic Power Steering (EHPS).By Technology;
Hydraulic Power Steering, Electric Power Steering, and Electro-Hydraulic Power Steering.By Application;
Passenger Cars, and Commercial Vehicles.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Automotive Steering Control Module Market (USD Million), 2021 - 2031
In the year 2024, the Global Automotive Steering Control Module Market was valued at USD 7495.67 million. The size of this market is expected to increase to USD 11270.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.
The global automotive steering control module market is a dynamic sector within the automotive industry, pivotal in ensuring vehicle safety, performance, and driver comfort. Steering control modules serve as the nerve center of modern vehicle steering systems, integrating advanced electronic components to manage steering operations effectively. With the advent of electric power steering (EPS) and steer-by-wire technologies, the role of steering control modules has evolved significantly, moving away from traditional hydraulic systems towards more efficient and responsive electronic systems.
One of the key drivers propelling market growth is the increasing demand for enhanced vehicle handling and maneuverability. Steering control modules enable precise control over steering mechanisms, offering drivers improved responsiveness and adaptability across varying driving conditions. This capability not only enhances driving experience but also contributes to overall vehicle safety by ensuring stable handling and reduced risk of accidents.
Stringent regulatory standards mandating improved fuel efficiency and reduced emissions are further bolstering the adoption of advanced steering control modules. By optimizing power consumption and reducing mechanical losses associated with traditional steering systems, EPS and steer-by-wire technologies supported by these modules contribute to achieving sustainability goals within the automotive sector.
The proliferation of autonomous and semi-autonomous vehicles is reshaping the automotive steering control module landscape. These vehicles rely heavily on sophisticated steering control modules to facilitate automated driving functions, ensuring precise navigation and maneuvering without human intervention. As automakers continue to invest in autonomous technologies, the demand for robust, reliable, and intelligent steering control modules is expected to rise, fostering innovation and competition within the market.
Global Automotive Steering Control Module Market Recent Developments
- In December 2022, Continental unveiled a new integrated steering control module to optimize precision and safety for automated driving systems
- In October 2023, Aptiv launched an advanced steering control module incorporating machine learning for improved handling in ADAS-enabled vehicles
Segment Analysis
The Global Automotive Steering Control Module Market is segmented by type into Power-Assisted Steering (EPAS) and Electric Hydraulic Power Steering (EHPS). EPAS is gaining traction in the market due to its ability to reduce fuel consumption and enhance vehicle efficiency, which aligns with the automotive industry's focus on sustainability. EHPS, on the other hand, combines the benefits of both electric and hydraulic systems, offering greater precision and improved energy efficiency, making it suitable for high-performance vehicles. This segmentation reflects the growing demand for more efficient and cost-effective steering solutions.
In terms of technology, the market is categorized into Hydraulic Power Steering, Electric Power Steering, and Electro-Hydraulic Power Steering. Hydraulic Power Steering remains widely used in traditional vehicles due to its simplicity and cost-effectiveness, but Electric Power Steering (EPS) is becoming increasingly popular as it provides better fuel efficiency, reduced emissions, and more precise control. Electro-Hydraulic Power Steering (EHPS) is being adopted in premium vehicles, providing the benefits of both hydraulic and electric systems. The rise in consumer demand for more advanced, environmentally friendly, and energy-efficient technologies is driving the adoption of EPS and EHPS across various vehicle types.
Geographically, the market is analyzed across North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America and Europe are key regions for automotive innovation, with a growing preference for fuel-efficient and advanced vehicle technologies. The Asia Pacific region, particularly China and India, is witnessing rapid growth due to increased vehicle production and rising consumer demand for electric and hybrid vehicles. The Middle East and Africa, alongside Latin America, are emerging markets with significant growth potential, driven by urbanization and the increasing adoption of advanced vehicle technologies.
Global Automotive Steering Control Module Segment Analysis
In this report, the Global Automotive Steering Control Module Market has been segmented by Type, Technology, Application and Geography.
Global Automotive Steering Control Module Market, Segmentation by Type
The Global Automotive Steering Control Module Market has been segmented by Type into Power-Assisted Steering (EPAS) and Electric Hydraulic Power Steering (EHPS).
Power-Assisted Steering (EPAS) systems have gained prominence due to their efficiency and flexibility. These systems utilize electric motors to assist the driver in steering maneuvers, reducing the amount of effort required and enhancing responsiveness. EPAS is increasingly preferred over traditional hydraulic systems for its improved fuel efficiency and lower maintenance costs. Moreover, EPAS can be seamlessly integrated with vehicle electronics for enhanced control and safety features, aligning with the trend towards smart and connected vehicles.
Electric Hydraulic Power Steering (EHPS) combines elements of both electric and hydraulic systems. EHPS utilizes an electric motor to power a hydraulic pump, which then assists in steering efforts. This hybrid approach retains the advantages of hydraulic systems, such as robust performance at low speeds and under heavy loads, while incorporating electric controls for added precision and energy efficiency. EHPS systems are particularly suitable for larger vehicles where high steering force is required, balancing the need for power with modern efficiency standards.
Global Automotive Steering Control Module Market, Segmentation by Technology
The Global Automotive Steering Control Module Market has been segmented by Technology into Hydraulic Power Steering, Electric Power Steering, and Electro-Hydraulic Power Steering.
The Global Automotive Steering Control Module Market is categorized by technology, with three primary segments: Hydraulic Power Steering (HPS), Electric Power Steering (EPS), and Electro-Hydraulic Power Steering (EHPS). Hydraulic Power Steering (HPS) has been a traditional technology widely used in vehicles for many years. It operates using a hydraulic pump, which assists in steering the vehicle by generating power through pressurized fluid. Despite being cost-effective, HPS systems are gradually being replaced by more advanced technologies due to the growing demand for fuel efficiency and reduced environmental impact.
Electric Power Steering (EPS) has gained significant traction in recent years due to its energy-efficient design and fewer moving parts compared to hydraulic systems. EPS uses an electric motor to assist steering, drawing power directly from the vehicle’s battery, making it more efficient and environmentally friendly. This system has become popular in many modern vehicles, particularly electric and hybrid vehicles, due to its ability to reduce overall weight and improve fuel efficiency, all while offering precise control and responsiveness to the driver.
Electro-Hydraulic Power Steering (EHPS) combines the benefits of both hydraulic and electric systems, offering a balance between the two technologies. EHPS uses an electric motor to drive the hydraulic pump, providing power assistance while maintaining the reliability of hydraulic systems. This hybrid solution delivers better fuel efficiency than traditional hydraulic systems while retaining the strength and reliability that some drivers still prefer. The adoption of EHPS has been rising in mid-to-high-end vehicles and is expected to continue growing as manufacturers seek to optimize performance and efficiency in their steering systems.
Global Automotive Steering Control Module Market, Segmentation by Application
The Global Automotive Steering Control Module Market has been segmented by Application into Passenger cars and Commercial vehicles.
Passenger cars represent a substantial portion of the automotive steering control module market. This segment includes a wide range of vehicles, from compact hatchbacks to luxury sedans and SUVs. The demand for advanced steering control modules in passenger cars is driven by several factors. Firstly, there is a growing consumer preference for vehicles equipped with advanced safety features, including electronic stability control (ESC) and lane-keeping assistance. These features rely heavily on sophisticated steering control modules to ensure precise and responsive vehicle handling under various driving conditions. Secondly, the increasing adoption of electric power steering (EPS) systems in passenger cars further amplifies the demand for advanced steering control modules that can efficiently manage electric steering assistance and enhance overall vehicle efficiency.
Commercial vehicles constitute another vital segment within the automotive steering control module market. This category includes a wide range of vehicles such as trucks, buses, and other heavy-duty vehicles used for transportation and logistics. The requirements for steering control modules in commercial vehicles differ significantly from those in passenger cars. Commercial vehicles typically operate under more demanding conditions, requiring robust and durable steering systems capable of handling heavier loads and prolonged usage. Therefore, steering control modules designed for commercial vehicles emphasize durability, reliability, and enhanced performance to ensure safe and efficient operation across diverse road and weather conditions.
Global Automotive Steering Control Module Market, Segmentation by Geography
In this report, the Global Automotive Steering Control Module Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Automotive Steering Control Module Market Share (%), by Geographical Region, 2024
North America is a significant region in the global automotive steering control module market, driven by technological advancements and a strong automotive industry presence. The United States and Canada are leading contributors due to high vehicle ownership rates and consumer demand for advanced safety features. Regulatory standards emphasizing vehicle safety and performance further boost the adoption of steering control modules in this region. Moreover, the presence of major automotive manufacturers and suppliers focusing on innovation and research and development activities supports market growth. The trend towards electric and autonomous vehicles also propels the demand for advanced steering control technologies in North America.
Europe represents another prominent market for automotive steering control modules, characterized by stringent safety regulations and a robust automotive manufacturing base. Countries like Germany, France, and the UK are at the forefront of technological innovation in the automotive sector, driving the adoption of advanced steering systems. The shift towards electric vehicles and the integration of automated driving features further accelerate market growth in this region. Additionally, increasing consumer awareness regarding vehicle safety and comfort features contributes to the rising demand for steering control modules across Europe.
Asia Pacific emerges as a dynamic region in the global automotive steering control module market, fueled by rapid industrialization, urbanization, and a booming automotive industry. Countries such as China, Japan, and South Korea are major contributors, supported by expanding vehicle production and technological advancements in automotive electronics. Rising disposable incomes and increasing consumer preference for vehicles equipped with advanced safety features drive the market growth in Asia Pacific. Furthermore, government initiatives promoting vehicle safety and emission regulations propel the adoption of steering control modules in the region.
The Middle East and Africa, along with Latin America, are witnessing steady growth in the automotive steering control module market. In these regions, the market is primarily driven by improving economic conditions, rising urbanization, and increasing automotive production. Although these regions have comparatively smaller automotive markets than North America, Europe, and Asia Pacific, there is a growing focus on enhancing vehicle safety and performance, thereby boosting the demand for steering control modules. Government initiatives aimed at improving road safety and infrastructure development further support market expansion in these regions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Automotive Steering Control Module Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities Analysis
Drivers:
- Safety regulations
- Technological advancements
- Increasing vehicle production
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Demand for fuel efficiency- In today's automotive industry, the demand for fuel efficiency has become a paramount concern driving technological advancements across various components, including steering control modules. These modules play a crucial role in modern vehicles by not only enhancing safety and comfort but also significantly influencing fuel efficiency. As consumers and regulatory bodies alike place increasing emphasis on reducing carbon emissions and improving mileage, automotive manufacturers are under pressure to innovate steering systems that minimize energy losses and optimize fuel consumption.
The global automotive steering control module market is witnessing substantial growth due to these evolving demands. Manufacturers are developing advanced electronic control units (ECUs) embedded within steering systems to achieve greater precision and efficiency. These ECUs utilize sophisticated algorithms and sensors to adapt steering assistance according to driving conditions, thereby reducing the overall energy required for steering maneuvers. This adaptive approach not only improves fuel efficiency but also enhances vehicle handling and responsiveness, contributing to a safer and more enjoyable driving experience.
The integration of steer-by-wire technology represents a significant advancement in steering control modules. By eliminating the mechanical link between the steering wheel and the wheels, steer-by-wire systems reduce weight and complexity while offering more flexibility in design and function. This reduction in weight directly translates into improved fuel efficiency as it reduces the vehicle's overall energy consumption. As automakers continue to prioritize sustainability and efficiency in their product offerings, the adoption of advanced steering control modules like steer-by-wire is expected to accelerate, further driving market growth
Restraints:
- High initial investment costs
- Complex regulatory requirements
- Integration challenges with existing systems
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Supply chain disruptions: The global automotive steering control module market has been significantly impacted by supply chain disruptions, which have emerged as a critical challenge in recent times. These disruptions have been primarily driven by various factors, including the COVID-19 pandemic, geopolitical tensions, and shifts in consumer demand patterns. One of the most profound effects has been the shortage of semiconductor chips, which are crucial components in steering control modules. The semiconductor shortage has cascaded through the automotive industry, leading to production slowdowns and supply delays. Automakers and suppliers alike have struggled to procure an adequate supply of these chips, resulting in reduced output and higher costs.
The interconnected nature of global supply chains has exacerbated these challenges. Many automotive steering control module manufacturers rely on a complex network of suppliers spread across different countries. Disruptions at any point in this network, whether due to lockdowns, transportation constraints, or workforce shortages, have had ripple effects throughout the entire supply chain. This fragility has underscored the need for more resilient supply chain strategies, prompting companies to reassess their sourcing practices and diversify their supplier base to mitigate future risks.
The automotive industry's transition towards electric and autonomous vehicles has added another layer of complexity to the supply chain disruptions. These advanced vehicles require sophisticated steering control modules that integrate with complex electronic systems, further intensifying demand for specific components and technologies. As automakers strive to meet ambitious production targets for electric vehicles while managing supply chain challenges, they are increasingly focusing on building partnerships and collaborations that can provide more secure and flexible supply chains.
Opportunities:
- Growing electric vehicle market
- Advancements in autonomous driving technology
- Expansion in emerging markets
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Development of lightweight materials- The global automotive steering control module market is witnessing significant evolution driven by the growing demand for lightweight materials. This shift is largely motivated by the automotive industry's collective effort to enhance fuel efficiency, reduce emissions, and improve overall vehicle performance. Lightweight materials such as aluminum alloys, high-strength steel, and carbon fiber-reinforced polymers are gaining prominence due to their superior strength-to-weight ratios compared to traditional materials like cast iron or standard steel.
One of the key drivers behind the adoption of lightweight materials in steering control modules is the imperative to comply with stringent regulatory requirements for fuel economy and emissions. Automakers are under pressure to meet increasingly strict standards set by governments worldwide, prompting them to explore materials that can reduce vehicle weight without compromising safety or performance. Lightweight materials enable manufacturers to achieve these goals by minimizing the mass of steering components, thereby improving the overall efficiency of the vehicle.
Advancements in manufacturing technologies have made it more feasible and cost-effective to produce steering control modules using lightweight materials. Processes such as die casting, hydroforming, and composite molding have matured significantly, allowing for the production of complex shapes and structures that optimize weight reduction while maintaining durability and reliability. This technological progress has spurred collaboration between automotive OEMs and material suppliers to develop innovative solutions that meet the industry's stringent performance and safety standards.
Competitive Landscape Analysis
Key players in Global Automotive Steering Control Module Market include:
- Bosch
- ZF Friedrichshafen
- JTEKT Corporation
- Nexteer Automotive
- NSK Ltd.
- Mitsubishi Electric Corporation
- Thyssenkrupp AG
- Hyundai Mobis
- Mando Corporation
- China Automotive Systems
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Automotive Steering Control Module Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Safety regulations
- Technological advancements
- Increasing vehicle production
- Demand for fuel efficiency
- Restraints
- High initial investment costs
- Complex regulatory requirements
- Integration challenges with existing systems
- Supply chain disruptions
- Opportunities
- Growing electric vehicle market
- Advancements in autonomous driving technology
- Expansion in emerging markets
- Development of lightweight materials
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Automotive Steering Control Module Market, By Type, 2021 - 2031 (USD Million)
- Power-Assisted Steering (EPAS)
- Electric Hydraulic Power Steering (EHPS)
- Global Automotive Steering Control Module Market, By Technology, 2021 - 2031 (USD Million)
- Hydraulic Power Steering
- Electric Power Steering
- Electro-Hydraulic Power Steering
- Global Automotive Steering Control Module Market, By Application, 2021 - 2031 (USD Million)
- Passenger cars
- Commercial vehicles
- Global Automotive Steering Control Module Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Automotive Steering Control Module Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Bosch
- ZF Friedrichshafen
- JTEKT Corporation
- Nexteer Automotive
- NSK Ltd.
- Mitsubishi Electric Corporation
- Thyssenkrupp AG
- Hyundai Mobis
- Mando Corporation
- China Automotive Systems
- Company Profiles
- Analyst Views
- Future Outlook of the Market