Automotive Steering Motor Market Scope

Technavio categorizes the global automotive steering motor market as a part of the global auto parts and equipment market within the global automotive components and accessories market. Our report provides extensive information on the value chain analysis for the automotive steering motor market, which vendors can leverage to gain a competitive advantage during the forecast period.


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Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive steering motor market report covers the following areas:

For more insights on the parent market analysis and value chain highlights, View Market Report Overview

Automotive Steering Motor Market Vendor Landscape

  • The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
  • Allied Motion Technologies Inc., AMK Holding GmbH and Co. KG, BorgWarner Inc., Brose Fahrzeugteile SE and Co. KG, DENSO Corp., Hitachi Ltd., Hyundai Motor Group, Johnson Electric Holdings Ltd., LG Innotek, MAHLE GmbH, Mando Corp., Melrose Industries Plc, Mitsuba Corp., Nexteer Automotive Group Ltd., Nidec Corp., NSK Ltd., Robert Bosch GmbH, thyssenkrupp AG, Toyota Motor Corp., and ZF Friedrichshafen AG are some of the major market participants.
  • Companies such as AMK Holding GmbH and Co. KG are offering automotive steering motor with highly-integrated, automatically producible, permanently-excited synchronous machines.
  • Backed with competitive intelligence and benchmarking, our research reports on the automotive steering motor market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Get Sample Report for more insights on the strategic initiatives of each vendor and their customer profiles


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Automotive Steering Motor Market Segmentation Analysis

  • Application
    • Passenger Car

      The passenger car segment held the largest automotive steering motor market share in 2021. The segment will continue to account for the largest share throughout the forecast period. The demand for passenger vehicles has increased in emerging countries, such as China, Brazil, and India, led by economic growth and increasing purchasing power of consumers.
    • Commercial Vehicle
  • Geographic
    • APAC

      64% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for automotive steering motor in APAC. With the rapid economic growth in the region, the per-capita income improved drastically between 2018 and 2019, which increased the purchasing power of consumers and led to higher automobile sales. will facilitate the automotive steering motor market growth in APAC over the forecast period.
    • Europe
    • North America
    • South America
    • Middle East And Africa

Click here for Sample Report to get highlights on each market segment

Automotive Steering Motor Market Takeaways

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist automotive steering motor market growth during the next five years
  • Estimation of the automotive steering motor market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive steering motor market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive steering motor market vendors

Do reach out to our analysts for more customized reports as per your requirements. Speak to an analyst now!

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Automotive Steering Motor Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.08%

Market growth 2022-2026

$ 524.32 million

Market structure

Fragmented

YoY growth (%)

4.93

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 64%

Key consumer countries

US, China, Japan, India, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Allied Motion Technologies Inc., AMK Holding GmbH and Co. KG, BorgWarner Inc., Brose Fahrzeugteile SE and Co. KG, DENSO Corp., Hitachi Ltd., Hyundai Motor Group, Johnson Electric Holdings Ltd., LG Innotek, MAHLE GmbH, Mando Corp., Melrose Industries Plc, Mitsuba Corp., Nexteer Automotive Group Ltd., Nidec Corp., NSK Ltd., Robert Bosch GmbH, thyssenkrupp AG, Toyota Motor Corp., and ZF Friedrichshafen AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application – Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Passenger car – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Passenger car – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Passenger car – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Passenger car – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Passenger car – Year-over-year growth 2021-2026 (%)
  • 5.4 Commercial vehicle – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Commercial vehicle – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Commercial vehicle – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Commercial vehicle – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Commercial vehicle – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Application
    • Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC – Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 North America – Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 China – Market size and forecast 2021-2026
    • Exhibit 62: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.9 US – Market size and forecast 2021-2026
    • Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.10 Japan – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.11 Germany – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.12 India – Market size and forecast 2021-2026
    • Exhibit 78: Chart on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on India – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 AMK Holding GmbH and Co. KG
    • Exhibit 89: AMK Holding GmbH and Co. KG – Overview
    • Exhibit 90: AMK Holding GmbH and Co. KG – Product / Service
    • Exhibit 91: AMK Holding GmbH and Co. KG – Key offerings
  • 10.4 Brose Fahrzeugteile SE and Co. KG
    • Exhibit 92: Brose Fahrzeugteile SE and Co. KG – Overview
    • Exhibit 93: Brose Fahrzeugteile SE and Co. KG – Product / Service
    • Exhibit 94: Brose Fahrzeugteile SE and Co. KG – Key news
    • Exhibit 95: Brose Fahrzeugteile SE and Co. KG – Key offerings
  • 10.5 DENSO Corp.
    • Exhibit 96: DENSO Corp. – Overview
    • Exhibit 97: DENSO Corp. – Business segments
    • Exhibit 98: DENSO Corp. – Key news
    • Exhibit 99: DENSO Corp. – Key offerings
    • Exhibit 100: DENSO Corp. – Segment focus
  • 10.6 Johnson Electric Holdings Ltd.
    • Exhibit 101: Johnson Electric Holdings Ltd. – Overview
    • Exhibit 102: Johnson Electric Holdings Ltd. – Business segments
    • Exhibit 103: Johnson Electric Holdings Ltd. – Key offerings
    • Exhibit 104: Johnson Electric Holdings Ltd. – Segment focus
  • 10.7 LG Innotek
    • Exhibit 105: LG Innotek – Overview
    • Exhibit 106: LG Innotek – Business segments
    • Exhibit 107: LG Innotek – Key news
    • Exhibit 108: LG Innotek – Key offerings
    • Exhibit 109: LG Innotek – Segment focus
  • 10.8 MAHLE GmbH
    • Exhibit 110: MAHLE GmbH – Overview
    • Exhibit 111: MAHLE GmbH – Business segments
    • Exhibit 112: MAHLE GmbH – Key news
    • Exhibit 113: MAHLE GmbH – Key offerings
    • Exhibit 114: MAHLE GmbH – Segment focus
  • 10.9 Mitsuba Corp.
    • Exhibit 115: Mitsuba Corp. – Overview
    • Exhibit 116: Mitsuba Corp. – Business segments
    • Exhibit 117: Mitsuba Corp. – Key offerings
    • Exhibit 118: Mitsuba Corp. – Segment focus
  • 10.10 Nidec Corp.
    • Exhibit 119: Nidec Corp. – Overview
    • Exhibit 120: Nidec Corp. – Business segments
    • Exhibit 121: Nidec Corp. – Key news
    • Exhibit 122: Nidec Corp. – Key offerings
    • Exhibit 123: Nidec Corp. – Segment focus
  • 10.11 Robert Bosch GmbH
    • Exhibit 124: Robert Bosch GmbH – Overview
    • Exhibit 125: Robert Bosch GmbH – Business segments
    • Exhibit 126: Robert Bosch GmbH – Key news
    • Exhibit 127: Robert Bosch GmbH – Key offerings
    • Exhibit 128: Robert Bosch GmbH – Segment focus
  • 10.12 Toyota Motor Corp.
    • Exhibit 129: Toyota Motor Corp. – Overview
    • Exhibit 130: Toyota Motor Corp. – Business segments
    • Exhibit 131: Toyota Motor Corp. – Key news
    • Exhibit 132: Toyota Motor Corp. – Key offerings
    • Exhibit 133: Toyota Motor Corp. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 134: Inclusions checklist
    • Exhibit 135: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 136: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 137: Research methodology
    • Exhibit 138: Validation techniques employed for market sizing
    • Exhibit 139: Information sources
  • 11.5 List of abbreviations
    • Exhibit 140: List of abbreviations

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