USA stands as a critical element within the nation's automotive domain, epitomizing the diverse demands and preferences of American drivers. Steering systems serve as the linchpin of vehicular functionality and safety, enabling drivers to exercise control over direction and maneuverability with precision. Particularly, electric power steering systems have garnered prominence due to their energy efficiency and adaptability to modern vehicle architectures. Concurrently, the surge in electric vehicle adoption in the USA has spurred demand for steering systems optimized for such platforms, with electric power steering systems emerging as the favored choice owing to their compatibility with electric drivetrains. This shift towards electric vehicles also coincides with an increased integration of advanced driver-assistance systems (ADAS), shaping steering system design and functionality to seamlessly align with evolving safety and autonomy standards. Challenges persist, particularly regarding cost pressures inherent in the integration of advanced steering technologies, requiring a delicate balance between performance, safety, and affordability. Stringent regulatory standards governing vehicle safety and emissions necessitate compliance efforts, adding complexity to product development endeavors. Fluctuations in vehicle sales directly impact the demand for steering systems. During periods of economic growth and high consumer confidence, increased vehicle sales lead to higher demand for steering components and systems. From the early days of tiller-based mechanisms to the introduction of the steering wheel, advancements like hydraulic power steering and electric power steering have continually improved the driving experience. Recent decades have seen the emergence of steering-by-wire systems and integration with advanced driver-assistance systems. As the industry evolves with trends like electric vehicles and autonomous driving, the steering market continues to innovate to meet the demands of modern drivers for safety, efficiency, and comfort. Major automotive manufacturers like General Motors and Ford integrate steering systems into their vehicles, while suppliers such as Delphi Technologies and Nexteer Automotive specialize in manufacturing steering components. Technology providers like Bosch and Continental contribute sensors and software solutions for advanced steering features. This diverse ecosystem fosters competition and innovation, driving advancements in steering systems for the automotive industry. According to the research report, "USA Automotive Steering Market Outlook, 2029," published by Actual Market Research, the USA Automotive Steering market is anticipated to add to more than USD 1.89 Billion by 2024–29. In the near future, the automotive steering market in the USA is poised for a transformative journey, characterized by groundbreaking innovations and paradigm shifts. As the nation steers towards a future dominated by electric mobility, the demand for cutting-edge steering solutions tailored to electric vehicle (EV) platforms will surge. Electric power steering (EPS) systems, heralded for their compatibility with electric drivetrains, will emerge as the cornerstone of next-generation vehicles, offering unparalleled efficiency and responsiveness. From adaptive steering algorithms to intuitive haptic feedback mechanisms, the future of automotive steering promises a convergence of innovation and functionality, culminating in vehicles that are not only safer and more efficient but also redefine the very essence of the driving experience. Against the backdrop of increasingly stringent regulatory standards and a growing emphasis on sustainability, manufacturers will be compelled to push the boundaries of engineering prowess, developing steering solutions that not only meet regulatory requirements but also contribute to the broader goals of environmental stewardship. ADAS technologies, including lane-keeping assist and adaptive cruise control, rely on sophisticated steering input to enhance safety and enable semi-autonomous driving features. The rising prevalence of advanced driver-assistance systems, including lane-keeping assist and automated parking, will further bolster demand for sophisticated steering solutions capable of precise and responsive control. USA companies must navigate a complex regulatory landscape governing vehicle safety, emissions, and performance standards. Ensuring compliance with stringent regulations such as Federal Motor Vehicle Safety Standards (FMVSS) and Corporate Average Fuel Economy (CAFE) standards requires substantial resources and may impact product development timelines and costs. The transition to electric vehicles presents both opportunities and challenges for USA companies in the automotive steering market. Adapting existing steering technologies to meet the unique requirements of electric drivetrains, such as optimizing electric power steering (EPS) systems for efficiency and performance, requires investment in research, development, and production capabilities.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleIn the realm of automotive steering systems, manual steering systems remain a fundamental component, offering direct control over vehicle direction without the aid of power assistance. In the United States, these systems can be segmented based on their design, mechanism, and application, reflecting a rich history of technological evolution and engineering ingenuity. One prevalent type is the recirculating ball steering system, which gained prominence in American-made vehicles during the mid-20th century. This system employs a recirculating ball nut and worm gear arrangement to convert rotational motion from the steering wheel into linear motion, providing smoother operation compared to earlier worm and sector systems. A more contemporary option is the rack and pinion steering system, which has become ubiquitous in various vehicle types, including compact cars, sports cars, and trucks. This system features a rack connected to the steering column and a pinion gear attached to the steering wheel. When the driver turns the steering wheel, the pinion gear rotates, causing the rack to move laterally and steer the vehicle's wheels. Renowned for its precise control and sporty handling characteristics, rack and pinion steering has become a staple in modern automotive design. Beyond factory-installed systems, aftermarket conversion kits offer vehicle owners the flexibility to retrofit power steering-equipped vehicles with manual steering. These kits typically include components such as manual steering racks, steering columns, and linkage systems, catering to enthusiasts seeking to restore vintage vehicles or enhance performance through simplified and direct steering control. Hydraulic power steering (HPS) systems have been a longstanding and reliable technology, although their prevalence has diminished with the rise of Electric Power Steering (EPS). HPS systems utilize hydraulic fluid and a pump to assist in turning the vehicle's wheels, providing variable levels of assistance based on driving conditions. Known for their durability, direct feedback, and integration capabilities with vehicle dynamics systems, HPS systems remain relevant, particularly in heavy-duty vehicles and off-road applications. However, they require regular maintenance to ensure optimal performance. In the sprawling landscape of the USA's automotive market, passenger vehicles are segmented into diverse categories, each catering to a distinct set of consumer preferences, lifestyles, and needs. These segments encompass a wide array of sizes, body styles, performance characteristics, and target audiences, reflecting the rich tapestry of automotive culture in the country. Sedans, with their traditional four-door configuration and spacious interiors, have long been a staple of American roads. They offer a comfortable ride, ample passenger space, and fuel-efficient powertrains, making them a popular choice for families, commuters, and fleet operators alike. From compact sedans ideal for urban driving to full-size sedans offering luxurious appointments and premium features, this segment provides options to suit a range of budgets and preferences. SUVs (Sport Utility Vehicles) have witnessed a meteoric rise in popularity, evolving from rugged off-road vehicles to versatile family haulers and lifestyle accessories. Available in various sizes, including compact, midsize, and full-size, SUVs offer generous cargo space, elevated ride height, and optional all-wheel-drive capability, appealing to drivers seeking versatility, practicality, and adventure. Crossovers represent a convergence of sedan-like handling and SUV-like utility, blending the best of both worlds to create a versatile and practical vehicle category. With their unibody construction, comfortable ride, and elevated seating position, crossovers appeal to drivers seeking a versatile vehicle for daily commuting, weekend getaways, and family adventures. From subcompact crossovers suited for urban living to three-row models offering seating for the whole family, this segment provides a compelling option for a wide range of lifestyles and preferences. Hatchbacks offer a compact and nimble alternative to traditional sedans, characterized by their rear liftgate and versatile cargo space. Ideal for urban driving, hatchbacks combine practicality with sporty styling and efficient powertrains, appealing to drivers seeking a blend of functionality and fun. Whether navigating crowded city streets or embarking on weekend excursions, hatchbacks offer a dynamic and efficient driving experience without sacrificing versatility or style. The steering column serves as the backbone of the system, linking the steering wheel to the steering gear. It's a structural assembly consisting of a shaft or tube with universal joints and collapsible sections, allowing for adjustments in tilt and telescopic position. Transmitting steering inputs from the driver to the wheels, the steering column often houses critical components like the steering shaft, steering lock mechanism, and ignition switch. With the advancement of technology, modern steering columns may also contain electronic controls for functions such as cruise control, audio adjustments, and vehicle stability systems. Ensuring proper alignment between the steering wheel and the steering gear, the column guarantees precise control and feedback during driving maneuvers. The steering gear, also known as the steering rack or box, converts steering inputs from the wheel into lateral motion to steer the vehicle's wheels. In rack-and-pinion systems, it comprises a rack connected to the steering column and a pinion gear attached to the steering shaft. The steering gear is pivotal in providing precise and responsive control, enhancing vehicle handling and ensuring driver safety on the road. The steering wheel, the primary interface between the driver and the steering system, completes this trio of essential components. Its circular rim, often padded and ergonomically designed, provides a comfortable grip for the driver's hands. The primary function of the steering pump is to generate hydraulic pressure that powers the steering gear or rack, aiding in the movement of the wheels. It accomplishes this through a rotary vane or gear mechanism driven by the engine's accessory belt or serpentine belt. As the engine rotates, the steering pump draws power from the engine and pressurizes hydraulic fluid, which is then directed to the steering gear or rack to assist in steering. In hydraulic power steering systems, the steering pump operates continuously whenever the engine is running, providing hydraulic assistance to the steering system regardless of vehicle speed or driving conditions. The amount of assistance provided by the steering pump varies based on factors such as vehicle speed, steering angle, and driving conditions, ensuring that the steering effort remains manageable for the driver in all situations. Modern steering pumps often feature precision-engineered components, such as high-quality seals and bearings, to minimize friction and wear, enhancing longevity and durability.
Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Automotive Steering market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type of Steering System • Manual Steering • Power Steering (Hydraulic Power Steering, Electric Power Steering) • Others(Variable Gear Ratio Steering,Rack and Pinion Steering, Recirculating Ball Steering) By Vehicle Type • Passenger Vehicles (Cars, SUVs, Vans) • Commercial Vehicles (Trucks, Buses) • Off-road Vehicles (ATVs, UTVs, Dirt Bikes) By Component • Steering Column • Steering Wheel • Steering Gear • Steering Pump • Steering Sensor • Others By End Use • OEMs (Original Equipment Manufacturers) • Aftermarket The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.
Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the automotive steering industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.
We are friendly and approachable, give us a call.