Global Steering Column Control Modules Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Sales Channel;

Original Equipment Manufacturer and Aftermarket.

By Component Position Type;

On The Steering Wheel (Sound Control, Airbags, etc.) and Around/Below The Steering Wheel.

By Automobile Type;

Passenger Cars, Commercial Vehicles, Heavy Trucks and Busses and Off-Road Vehicles.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn940080799 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Steering Column Control Modules Market (USD Million), 2021 - 2031

In the year 2024, the Global Steering Column Control Modules Market was valued at USD 20,644.62 million. The size of this market is expected to increase to USD 33,368.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.1%.

The global market for steering column control modules is a crucial segment within the automotive electronics industry. Steering column control modules play a pivotal role in integrating various functionalities directly accessible to drivers, enhancing vehicle safety, comfort, and overall user experience. These modules are designed to consolidate controls for functions such as wipers, lights, cruise control, and audio systems onto the steering column itself, allowing drivers to operate these features without taking their hands off the wheel or their eyes off the road.

In recent years, technological advancements have driven significant growth in this market. Features like adaptive cruise control, lane departure warning systems, and voice-activated controls have become standard offerings in modern vehicles, boosting the demand for sophisticated steering column control modules. The trend towards electric and autonomous vehicles further propels innovation in this sector, as these vehicles require even more integrated and responsive control systems.

Geographically, North America and Europe have been at the forefront of adopting advanced automotive technologies, making them primary markets for steering column control modules. However, emerging economies in Asia-Pacific are also witnessing rapid growth, driven by increasing automotive production and rising consumer demand for connected and automated vehicle features. As automotive manufacturers continue to prioritize safety and convenience, the market for steering column control modules is expected to expand further, with continuous improvements in functionality and integration.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Sales Channel
    2. Market Snapshot, By Component Position Type
    3. Market Snapshot, By Automobile Type
    4. Market Snapshot, By Region
  4. Global Steering Column Control Modules Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Advanced Driver Assistance Systems (ADAS)
        2. Technological Advancements in Automotive Electronics
      2. Restraints
        1. High Cost of Development and Manufacturing
        2. Complex Regulatory Requirements
      3. Opportunities
        1. Growing Adoption of Electric and Autonomous Vehicles
        2. Expansion in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Steering Column Control Modules Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Original equipment manufacturer
      2. Aftermarket
    2. Global Steering Column Control Modules Market, By Component Position Type, 2021 - 2031 (USD Million)
      1. On the Steering Wheel (Sound Control, Airbags, etc.)
      2. Around/Below the Steering Wheel
    3. Global Steering Column Control Modules Market, By Automobile Type, 2021 - 2031 (USD Million)
      1. Passenger cars
      2. Commercial vehicles
      3. Heavy Trucks and Busses
      4. Off-road Vehicles
    4. Global Steering Column Control Modules Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bosch GmbH
      2. Delphi Technologies
      3. ZF Friedrichshafen AG
      4. Nexteer Automotive
      5. JTEKT Corporation
      6. Mando Corporation
      7. NSK Ltd.
      8. ThyssenKrupp AG
      9. Schaeffler AG
      10. Continental AG
  7. Analyst Views
  8. Future Outlook of the Market