Who are the key players in US Automotive Steering System Market industry?

The top five players in the US Automotive Steering System Market are JTEKT Corporation, Nexteer Automotive, Robert Bosch GmbH, ZF Friedrichshafen AG, and NSK Ltd. These companies are renowned for their technological advancements and broad product portfolios, supplying steering solutions to leading automotive manufacturers across the United States.

What is the US Automotive Steering System Market market growth?

The US Automotive Steering System Market has exhibited steady growth, primarily driven by increasing adoption of advanced driver assistance systems. For instance, ZF Friedrichshafen AG reported a surge in demand for electric power steering systems in 2023, contributing to the overall market expansion.

Which segment accounted for the largest US Automotive Steering System Market market share?

Passenger vehicles segment accounted for the largest share in the US Automotive Steering System Market. The growing consumer affinity for safety and comfort, along with rising vehicle production, has led to higher integration of advanced steering systems, especially in sedans and SUVs.

What are the factors driving the US Automotive Steering System Market market?

Growing demand for electrically assisted steering systems, driven by the shift towards vehicle electrification and enhanced fuel efficiency, is propelling market growth. Companies like Nexteer Automotive are innovating in steer-by-wire technology, catering to OEMs focusing on electric and autonomous vehicles.

Which type accounted for the largest US Automotive Steering System Market market share?

Electric Power Steering (EPS) dominates the US market in terms of type, owing to its superior energy efficiency, reduced weight, and integration capabilities with ADAS features. Major players like JTEKT Corporation are pioneering EPS innovations, making it the top choice across new vehicle models.

US Automotive Steering System Market Manufacturing Plant Project Report - Pre-Feasibility, Cost & ROI Analysis

US Automotive Steering System Market Plant Report, Pre-Feasibility, Production Cost Structure, Expenditure Report, Return on Investment (ROI), Economic Feasibility, Capex, OPEX, Machinery, Material Cost, Top Installation Services Providers Analysis

Last Updated: 23-07-2025 | Format: PDF | Report ID:1161 | Author: Sophia

Procurement Report

US Automotive Steering System Market Procurement Resource Report

Plant ReportPre-FeasibilityProduction Cost StructureExpenditure ReportReturn on Investment (ROI)Economic FeasibilityCapexOPEXMachineryMaterial CostTop Installation Services Providers Analysis

1. US Automotive Steering System Market Plant Market Revenue (USD Million), (2020-2035)

1.1. US Automotive Steering System Market Plant By Regions/Countries

1.1.1. North America

1.1.2. Europe

1.1.3. Asia-Pacific

1.1.4. South America

1.1.5. Middle East & Africa

2. US Automotive Steering System Market Plant Executive Summary

2.1. US Automotive Steering System Market Plant Market Historical and Forecasted Scenario

2.2. US Automotive Steering System Market Plant Production Cost Comparison Between 2025 and 2030

2.3. US Automotive Steering System Market Plant Income Projections

2.4. US Automotive Steering System Market Plant Expenditure Details

2.5. US Automotive Steering System Market Plant Profit Margin

3. US Automotive Steering System Market Plant Installation Cost Structure

3.1. Total US Automotive Steering System Market Plant Capital Investment (Capacity)

3.2. US Automotive Steering System Market Plant Working Capital By Country

3.3. US Automotive Steering System Market Plant Land Cost By Country

3.4. US Automotive Steering System Market Plant Civil Work Cost By Country

3.5. US Automotive Steering System Market Plant Machinery Cost By Country

3.6. US Automotive Steering System Market Plant Auxiliary Equipment Cost By Country

3.7. US Automotive Steering System Market Plant Services Charges By Country

4. US Automotive Steering System Market Plant Variable Costs Structure

4.1. US Automotive Steering System Market Plant Raw Materials

4.1.1. US Automotive Steering System Market Plant Raw Material Specifications

4.1.2. US Automotive Steering System Market Plant Raw Material Consumptions

4.1.3. US Automotive Steering System Market Plant Raw Material Costs

4.2. US Automotive Steering System Market Plant Utilities Consumption Costs

4.3. US Automotive Steering System Market Plant Co-Products Cost Credit

4.4. US Automotive Steering System Market Plant Labor Requirements and Costs

5. US Automotive Steering System Market Plant Fixed Cost Structure

5.1. US Automotive Steering System Market Plant Repair & Maintenance Cost

5.2. US Automotive Steering System Market Plant Overheads Cost

5.3. US Automotive Steering System Market Plant Insurance Cost

5.4. US Automotive Steering System Market Plant Depreciation Chargers

6. Top 5 Plant Installation Service Providers Comparative Analysis

6.1. US Automotive Steering System Market Plant Consulting Charges

6.2. US Automotive Steering System Market Plant Civil Services Charges

6.3. US Automotive Steering System Market Plant Installation Charges

6.4. Other Charges

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About the Author

Sophia

Lead Industry Analyst

Sophia is a Lead Industry Analyst specializing in market research, industry analysis, and business consulting across Automotive & Transportation. Sophia brings a commercially grounded perspective to sectors shaped by changing demand, innovation, and competitive dynamics, helping turn complex market trends into clear strategic insights for business decision-makers. With 10+ years of experience across research, analytics, and strategic advisory roles, Sophia has helped organizations translate data into actionable growth strategies.

Automotive & TransportationMarket ResearchIndustry AnalysisStrategic Consulting

Key Questions Answered

»What is the market size and growth rate of the global and regional market by various segments?
»What is the market size and growth rate of the market for selective countries?
»Which region or sub-segment is expected to drive the market in the forecast period?
»What factors are estimated to drive and restrain the market growth?
»What are the key technological and market trends shaping the market?
»What are the key opportunities in the market?
»What are the key companies operating in the market?
»Which company accounted for the highest market share?

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US Automotive Steering System Market Manufacturing Plant Project Report - Pre-Feasibility, Cost & ROI Analysis

US Automotive Steering System Market Plant Report, Pre-Feasibility, Production Cost Structure, Expenditure Report, Return on Investment (ROI), Economic Feasibility, Capex, OPEX, Machinery, Material Cost, Top Installation Services Providers Analysis

US Automotive Steering System Market Procurement Resource Report

1. US Automotive Steering System Market Plant Market Revenue (USD Million), (2020-2035)

1.1. US Automotive Steering System Market Plant By Regions/Countries

2. US Automotive Steering System Market Plant Executive Summary

2.1. US Automotive Steering System Market Plant Market Historical and Forecasted Scenario

2.2. US Automotive Steering System Market Plant Production Cost Comparison Between 2025 and 2030

2.3. US Automotive Steering System Market Plant Income Projections

2.4. US Automotive Steering System Market Plant Expenditure Details

2.5. US Automotive Steering System Market Plant Profit Margin

3. US Automotive Steering System Market Plant Installation Cost Structure

3.1. Total US Automotive Steering System Market Plant Capital Investment (Capacity)

3.2. US Automotive Steering System Market Plant Working Capital By Country

3.3. US Automotive Steering System Market Plant Land Cost By Country

3.4. US Automotive Steering System Market Plant Civil Work Cost By Country

3.5. US Automotive Steering System Market Plant Machinery Cost By Country

3.6. US Automotive Steering System Market Plant Auxiliary Equipment Cost By Country

3.7. US Automotive Steering System Market Plant Services Charges By Country

4. US Automotive Steering System Market Plant Variable Costs Structure

4.1. US Automotive Steering System Market Plant Raw Materials

4.2. US Automotive Steering System Market Plant Utilities Consumption Costs

4.3. US Automotive Steering System Market Plant Co-Products Cost Credit

4.4. US Automotive Steering System Market Plant Labor Requirements and Costs

5. US Automotive Steering System Market Plant Fixed Cost Structure

5.1. US Automotive Steering System Market Plant Repair & Maintenance Cost

5.2. US Automotive Steering System Market Plant Overheads Cost

5.3. US Automotive Steering System Market Plant Insurance Cost

5.4. US Automotive Steering System Market Plant Depreciation Chargers

6. Top 5 Plant Installation Service Providers Comparative Analysis

6.1. US Automotive Steering System Market Plant Consulting Charges

6.2. US Automotive Steering System Market Plant Civil Services Charges

6.3. US Automotive Steering System Market Plant Installation Charges

6.4. Other Charges

7. Scope and Methodology

7.1. Key Questions Answered

7.2. Methodology

7.3. Estimation and Assumptions

8. Disclaimer

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