Who are the key players in Global Automotive Steering Wheel Market industry?

The top five key players in the Global Automotive Steering Wheel Market are ZF Friedrichshafen AG, Autoliv Inc., Toyoda Gosei Co. Ltd., Valeo SA, and Delphi Automotive PLC. These companies are known for technological innovations, diverse product portfolios, and strong geographic presence, making them leaders in the automotive steering wheel market.

What is the Global Automotive Steering Wheel Market growth?

The Global Automotive Steering Wheel Market has witnessed steady growth, driven mainly by the rising advanced driver assistance systems (ADAS) integration. In 2023, ZF Friedrichshafen AG reported an uptick in demand for smart steering wheels, contributing to an estimated CAGR of around 5.4% for the forecast period.

Which segment accounted for the largest Global Automotive Steering Wheel Market share?

Passenger vehicles accounted for the largest share in the Global Automotive Steering Wheel Market. This dominance results from the high volume of personal vehicle production worldwide and the increasing incorporation of safety and comfort features, leading to greater demand in this application segment.

What are the factors driving the Global Automotive Steering Wheel Market?

The key driver for the market is the rapid adoption of advanced safety features, including airbag-equipped steering wheels and electronic controls. Companies like Valeo SA invest heavily in R&D to enhance multifunctionality, comfort, and driver safety, propelling overall market growth and innovation.

Which type accounted for the largest Global Automotive Steering Wheel Market share?

The largest market share belongs to the conventional steering wheel type, owing to its widespread use in both entry-level and mid-range vehicles globally. However, demand for multifunctional smart steering wheels is rapidly increasing as automakers like Toyoda Gosei Co. Ltd. integrate advanced features.

Global Automotive Steering Wheel Market Manufacturing Plant Project Report - Pre-Feasibility, Cost & ROI Analysis

Global Automotive Steering Wheel 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: 06-04-2026 | Format: PDF | Report ID:21583 | Author: Manisha C

Procurement Report

Global Automotive Steering Wheel Market Procurement Resource Report

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

1. Global Automotive Steering Wheel Market Plant Market Revenue (USD Million), (2020-2035)

1.1. Global Automotive Steering Wheel Market Plant By Regions/Countries

1.1.1. North America

1.1.2. Europe

1.1.3. Asia-Pacific

1.1.4. South America

2. Global Automotive Steering Wheel Market Plant Executive Summary

2.1. Global Automotive Steering Wheel Market Plant Market Historical and Forecasted Scenario

2.2. Global Automotive Steering Wheel Market Plant Production Cost Comparison Between 2025 and 2030

2.3. Global Automotive Steering Wheel Market Plant Income Projections

2.4. Global Automotive Steering Wheel Market Plant Expenditure Details

2.5. Global Automotive Steering Wheel Market Plant Profit Margin

3. Global Automotive Steering Wheel Market Plant Installation Cost Structure

3.1. Total Global Automotive Steering Wheel Market Plant Capital Investment (Capacity)

3.2. Global Automotive Steering Wheel Market Plant Working Capital By Country

3.3. Global Automotive Steering Wheel Market Plant Land Cost By Country

3.4. Global Automotive Steering Wheel Market Plant Civil Work Cost By Country

3.5. Global Automotive Steering Wheel Market Plant Machinery Cost By Country

3.6. Global Automotive Steering Wheel Market Plant Auxiliary Equipment Cost By Country

3.7. Global Automotive Steering Wheel Market Plant Services Charges By Country

4. Global Automotive Steering Wheel Market Plant Variable Costs Structure

4.1. Global Automotive Steering Wheel Market Plant Raw Materials

4.1.1. Global Automotive Steering Wheel Market Plant Raw Material Specifications

4.1.2. Global Automotive Steering Wheel Market Plant Raw Material Consumptions

4.1.3. Global Automotive Steering Wheel Market Plant Raw Material Costs

4.2. Global Automotive Steering Wheel Market Plant Utilities Consumption Costs

4.3. Global Automotive Steering Wheel Market Plant Co-Products Cost Credit

4.4. Global Automotive Steering Wheel Market Plant Labor Requirements and Costs

5. Global Automotive Steering Wheel Market Plant Fixed Cost Structure

5.1. Global Automotive Steering Wheel Market Plant Repair & Maintenance Cost

5.2. Global Automotive Steering Wheel Market Plant Overheads Cost

5.3. Global Automotive Steering Wheel Market Plant Insurance Cost

5.4. Global Automotive Steering Wheel Market Plant Depreciation Chargers

6. Top 5 Plant Installation Service Providers Comparative Analysis

6.1. Global Automotive Steering Wheel Market Plant Consulting Charges

6.2. Global Automotive Steering Wheel Market Plant Civil Services Charges

6.3. Global Automotive Steering Wheel Market Plant Installation Charges

6.4. Other Charges

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About the Author

Manisha C

Lead Industry Analyst

Manisha C is a Lead Industry Analyst specializing in market research, industry analysis, and business consulting across Automotive & Transportation. Manisha C 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, Manisha C 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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Global Automotive Steering Wheel Market Manufacturing Plant Project Report - Pre-Feasibility, Cost & ROI Analysis

Global Automotive Steering Wheel 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

Global Automotive Steering Wheel Market Procurement Resource Report

1. Global Automotive Steering Wheel Market Plant Market Revenue (USD Million), (2020-2035)

1.1. Global Automotive Steering Wheel Market Plant By Regions/Countries

2. Global Automotive Steering Wheel Market Plant Executive Summary

2.1. Global Automotive Steering Wheel Market Plant Market Historical and Forecasted Scenario

2.2. Global Automotive Steering Wheel Market Plant Production Cost Comparison Between 2025 and 2030

2.3. Global Automotive Steering Wheel Market Plant Income Projections

2.4. Global Automotive Steering Wheel Market Plant Expenditure Details

2.5. Global Automotive Steering Wheel Market Plant Profit Margin

3. Global Automotive Steering Wheel Market Plant Installation Cost Structure

3.1. Total Global Automotive Steering Wheel Market Plant Capital Investment (Capacity)

3.2. Global Automotive Steering Wheel Market Plant Working Capital By Country

3.3. Global Automotive Steering Wheel Market Plant Land Cost By Country

3.4. Global Automotive Steering Wheel Market Plant Civil Work Cost By Country

3.5. Global Automotive Steering Wheel Market Plant Machinery Cost By Country

3.6. Global Automotive Steering Wheel Market Plant Auxiliary Equipment Cost By Country

3.7. Global Automotive Steering Wheel Market Plant Services Charges By Country

4. Global Automotive Steering Wheel Market Plant Variable Costs Structure

4.1. Global Automotive Steering Wheel Market Plant Raw Materials

4.2. Global Automotive Steering Wheel Market Plant Utilities Consumption Costs

4.3. Global Automotive Steering Wheel Market Plant Co-Products Cost Credit

4.4. Global Automotive Steering Wheel Market Plant Labor Requirements and Costs

5. Global Automotive Steering Wheel Market Plant Fixed Cost Structure

5.1. Global Automotive Steering Wheel Market Plant Repair & Maintenance Cost

5.2. Global Automotive Steering Wheel Market Plant Overheads Cost

5.3. Global Automotive Steering Wheel Market Plant Insurance Cost

5.4. Global Automotive Steering Wheel Market Plant Depreciation Chargers

6. Top 5 Plant Installation Service Providers Comparative Analysis

6.1. Global Automotive Steering Wheel Market Plant Consulting Charges

6.2. Global Automotive Steering Wheel Market Plant Civil Services Charges

6.3. Global Automotive Steering Wheel 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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