Active Power Steering Global Market Report 2025

Name: Active Power Steering Global Market Report 2025
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Active Power Steering Market Size and growth rate 2025 to 2029: Graph

Active Power Steering Global Market Report 2025 - By Type (Electric Power Steering System, Hydraulic Power Steering System, Electro-Hydraulic Power Steering System), By Application (Passenger Car, Commercial Vehicle), By Distribution Channel (Original Equipment Manufacturer, Aftermarket) - Market Size, Trends, And Global Forecast 2025-2034

Active Power Steering Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : June 2025 | Delivery Time: 2-3 business days Info | Format : pdf

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Active Power Steering Global Market Report 2025

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What Is Covered Under Active Power Steering Market?

Active power steering refers to an advanced vehicle steering system that dynamically adjusts the steering effort based on driving conditions such as speed, load, and road surface. It enhances driver control and comfort by using sensors and electronic controls to optimize steering response in real time.

The main types of active power steering are electric power steering systems, hydraulic power steering systems, and electro-hydraulic power steering systems. An electric power steering (EPS) system refers to a vehicle steering system that uses an electric motor instead of a traditional hydraulic pump to assist the driver in turning the steering wheel. These systems are applicable to both passenger cars and commercial vehicles and are distributed through original equipment manufacturers (OEMs) and the aftermarket.

What Is The Active Power Steering Market Size 2025 And Growth Rate?

The active power steering market size has grown rapidly in recent years. It will grow from $9.84 billion in 2024 to $11.14 billion in 2025 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to the rise in demand for luxury and premium vehicles, the rise in demand for autonomous and semi-autonomous vehicles, the increase in electric vehicle adoption, the growing adoption of electric power steering in passenger cars, and the increasing focus on fuel efficiency and emissions reduction.

What Is The Active Power Steering Market Growth Forecast?

The active power steering market size is expected to see rapid growth in the next few years. It will grow to $18.1 billion in 2029 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to the increasing installation rate of EPS in commercial vehicles, growing investment in steer-by-wire technologies, increasing focus on advanced vehicle dynamics and stability control, growing expansion of smart mobility and connected vehicles, and growing need for lightweight vehicle components. Major trends in the forecast period include technological innovations in automotive components, advanced EPS technology, innovations in sensor technology, a shift towards steer-by-wire systems, and advanced steering technologies.

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How Is The Active Power Steering Market Segmented?

The active power steering market covered in this report is segmented –

1) By Type: Electric Power Steering System, Hydraulic Power Steering System, Electro-Hydraulic Power Steering System

2) By Application: Passenger Car, Commercial Vehicle

3) By Distribution Channel: Original Equipment Manufacturer, Aftermarket

Subsegments

1) By Electric Power Steering System: Column Type Electric Power Steering System, Pinion Type Electric Power Steering System, Rack Type Electric Power Steering System

2) By Hydraulic Power Steering System: Integral Hydraulic Power Steering, Linkage Hydraulic Power Steering

3) By Electro-Hydraulic Power Steering System: Belt-Driven Electro-Hydraulic Power Steering System, Electrically Assisted Hydraulic Steering

What Is Driving The Active Power Steering Market? The Increasing Demand For Electric Vehicles Is Fueling The Market Growth Due To Enhance Steering Integration And Efficiency

The increasing demand for electric vehicles is expected to propel the growth of the active power steering market going forward. Electric vehicles (EVs) refer to vehicles that are powered entirely or partially by electricity, using electric motors and rechargeable battery packs instead of traditional internal combustion engines. Electric vehicles are rising due to advancements in battery technology, which have significantly improved driving range and reduced charging time. Active power steering enhances electric vehicles by optimizing steering response and energy efficiency, thereby improving vehicle handling, extending battery range, reducing driver fatigue, and enabling seamless integration with advanced driver assistance systems (ADAS) for a safer and more comfortable driving experience. For instance, according to the International Energy Agency, a France-based intergovernmental organization, global electric car sales rose from 14 million in 2023 to 17 million in 2024, reflecting strong year-on-year growth. Therefore, the increasing demand for electric vehicles is driving the growth of the active power steering market.

Who Are The Major Players In The Global Active Power Steering Market?

Major companies operating in the active power steering market are Robert Bosch GmbH, Nissan Motor Co. Ltd., Denso Corporation, ZF Friedrichshafen AG, Thyssenkrupp Presta AG, Hyundai Mobis Co. Ltd., Mitsubishi Electric Corporation, Aisin Seiki Co. Ltd., Valeo SA, Infineon Technologies AG, JTEKT Corporation, NSK Ltd., Knorr-Bremse AG, Mando Corporation, GKN Automotive, Visteon Corporation, Nexteer Automotive India Private Limited, Hitachi Astemo Ltd., Ognibene Power Spa, TECHNOLAB SA.

What Are The Key Trends Of The Global Active Power Steering Market? Nexteer Automotive Unveils High-Output Electric Power Steering System To Enhance Handling And Fuel Efficiency

Major companies operating in the active power steering market are focusing on developing innovative products, such as electric and hydraulic power steering systems, to enhance vehicle handling, improve fuel efficiency, and meet the growing demand for advanced driver-assistance technologies. Electric and hydraulic power steering systems refer to technologies used to assist drivers in steering vehicles with less effort. For instance, in April 2025, Nexteer Automotive, a US-based automotive industry company, introduced high-output column-assist electric power steering (HO CEPS), designed to deliver enhanced steering support for larger and heavier vehicles while improving energy efficiency and vehicle handling. This new system is uniquely engineered to deliver higher torque output, making it especially suitable for larger and heavier vehicles such as trucks and SUVs. By integrating advanced control algorithms and robust electric motors, HO CEPS enhances steering precision, reduces driver effort, and improves overall vehicle handling. It supports fuel efficiency and electric vehicle compatibility by reducing parasitic power loss compared to traditional hydraulic systems.

What Are Latest Mergers And Acquisitions In The Active Power Steering Market? ZF Friedrichshafen Acquires Majority Stake In Rane Steering Systems To Strengthen Presence In Indian Market

In March 2024, ZF Friedrichshafen AG, a Germany-based company that provides auto components, acquired a majority stake in Rane Steering Systems Private Limited for an undisclosed sum. With this acquisition, ZF aims to expand its passenger car and commercial vehicle business in the Indian market, leveraging enhanced cooperation with Rane Group to offer newer technologies, expedite product introductions, and localize operations in line with ZF’s Refresh India strategy. Rane Steering Systems Private Limited is an India-based company that manufactures active power steering systems, including both manual and electric power steering (EPS) columns.

What Is The Regional Outlook For The Global Active Power Steering Market?

North America was the largest region in the active power steering market in 2024. The regions covered in the active power steering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the active power steering market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Active Power Steering Market?

The active power steering market consists of sales of rack and pinion gear sets, steering actuators and electric motors, steering angle sensors, and steering control modules. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Active Power Steering Industry?

The active power steering market research report is one of a series of new reports from The Business Research Company that provides active power steering market statistics, including the active power steering industry's global market size, regional shares, competitors with the active power steering market share, detailed active power steering market segments, market trends and opportunities, and any further data you may need to thrive in the active power steering market. This active power steering market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Active Power Steering Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$11.14 billion
Revenue Forecast In 2034	$18.1 billion
Growth Rate	CAGR of 12.9% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	The active power steering market covered in this report is segmented – 1) By Type: Electric Power Steering System, Hydraulic Power Steering System, Electro-Hydraulic Power Steering System 2) By Application: Passenger Car, Commercial Vehicle 3) By Distribution Channel: Original Equipment Manufacturer, Aftermarket Subsegments 1) By Electric Power Steering System: Column Type Electric Power Steering System, Pinion Type Electric Power Steering System, Rack Type Electric Power Steering System 2) By Hydraulic Power Steering System: Integral Hydraulic Power Steering, Linkage Hydraulic Power Steering 3) By Electro-Hydraulic Power Steering System: Belt-Driven Electro-Hydraulic Power Steering System, Electrically Assisted Hydraulic Steering
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Robert Bosch GmbH, Nissan Motor Co. Ltd., Denso Corporation, ZF Friedrichshafen AG, Thyssenkrupp Presta AG, Hyundai Mobis Co. Ltd., Mitsubishi Electric Corporation, Aisin Seiki Co. Ltd., Valeo SA, Infineon Technologies AG, JTEKT Corporation, NSK Ltd., Knorr-Bremse AG, Mando Corporation, GKN Automotive, Visteon Corporation, Nexteer Automotive India Private Limited, Hitachi Astemo Ltd., Ognibene Power Spa, TECHNOLAB SA.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Active Power Steering Market Characteristics

3. Active Power Steering Market Trends And Strategies

4. Active Power Steering Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Active Power Steering Growth Analysis And Strategic Analysis Framework

5.1. Global Active Power Steering PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Active Power Steering Market Growth Rate Analysis

5.4. Global Active Power Steering Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Active Power Steering Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Active Power Steering Total Addressable Market (TAM)

6. Active Power Steering Market Segmentation

6.1. Global Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electric Power Steering System

Hydraulic Power Steering System

Electro-Hydraulic Power Steering System

6.2. Global Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Passenger Car

Commercial Vehicle

6.3. Global Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Original Equipment Manufacturer

Aftermarket

6.4. Global Active Power Steering Market, Sub-Segmentation Of Electric Power Steering System(EPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Column Type Electric Power Steering System

Pinion Type Electric Power Steering System

Rack Type Electric Power Steering System

6.5. Global Active Power Steering Market, Sub-Segmentation Of Hydraulic Power Steering System (HPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Integral Steering System

Linkage Type Steering System

6.6. Global Active Power Steering Market, Sub-Segmentation Of Electro-Hydraulic Power Steering System (EHPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Belt-Driven Electro-Hydraulic Power Steering System

Electrically Assisted Hydraulic Steering

7. Active Power Steering Market Regional And Country Analysis

7.1. Global Active Power Steering Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Active Power Steering Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Active Power Steering Market

8.1. Asia-Pacific Active Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Active Power Steering Market

9.1. China Active Power Steering Market Overview

9.2. China Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Active Power Steering Market

10.1. India Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Active Power Steering Market

11.1. Japan Active Power Steering Market Overview

11.2. Japan Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Active Power Steering Market

12.1. Australia Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Active Power Steering Market

13.1. Indonesia Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Active Power Steering Market

14.1. South Korea Active Power Steering Market Overview

14.2. South Korea Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Active Power Steering Market

15.1. Western Europe Active Power Steering Market Overview

15.2. Western Europe Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Active Power Steering Market

16.1. UK Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Active Power Steering Market

17.1. Germany Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Active Power Steering Market

18.1. France Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Active Power Steering Market

19.1. Italy Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Active Power Steering Market

20.1. Spain Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Active Power Steering Market

21.1. Eastern Europe Active Power Steering Market Overview

21.2. Eastern Europe Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Active Power Steering Market

22.1. Russia Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Active Power Steering Market

23.1. North America Active Power Steering Market Overview

23.2. North America Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Active Power Steering Market

24.1. USA Active Power Steering Market Overview

24.2. USA Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Active Power Steering Market

25.1. Canada Active Power Steering Market Overview

25.2. Canada Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Active Power Steering Market

26.1. South America Active Power Steering Market Overview

26.2. South America Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Active Power Steering Market

27.1. Brazil Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Active Power Steering Market

28.1. Middle East Active Power Steering Market Overview

28.2. Middle East Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Active Power Steering Market

29.1. Africa Active Power Steering Market Overview

29.2. Africa Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Active Power Steering Market Competitive Landscape And Company Profiles

30.1. Active Power Steering Market Competitive Landscape

30.2. Active Power Steering Market Company Profiles

30.2.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Nissan Motor Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Denso Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.4. ZF Friedrichshafen AG Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Thyssenkrupp Presta AG Overview, Products and Services, Strategy and Financial Analysis

31. Active Power Steering Market Other Major And Innovative Companies

31.1. Hyundai Mobis Co. Ltd.

31.2. Mitsubishi Electric Corporation

31.3. Aisin Seiki Co. Ltd.

31.4. Valeo SA

31.5. Infineon Technologies AG

31.6. JTEKT Corporation

31.7. NSK Ltd.

31.8. Knorr-Bremse AG

31.9. Mando Corporation

31.10. GKN Automotive

31.11. Visteon Corporation

31.12. Nexteer Automotive India Private Limited

31.13. Hitachi Astemo Ltd.

31.14. Ognibene Power Spa

31.15. TECHNOLAB SA

32. Global Active Power Steering Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Active Power Steering Market

34. Recent Developments In The Active Power Steering Market

35. Active Power Steering Market High Potential Countries, Segments and Strategies

35.1 Active Power Steering Market In 2029 - Countries Offering Most New Opportunities

35.2 Active Power Steering Market In 2029 - Segments Offering Most New Opportunities

35.3 Active Power Steering Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Active Power Steering Market, Sub-Segmentation Of Electric Power Steering System(EPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Active Power Steering Market, Sub-Segmentation Of Hydraulic Power Steering System (HPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Active Power Steering Market, Sub-Segmentation Of Electro-Hydraulic Power Steering System (EHPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Active Power Steering Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Active Power Steering Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Asia-Pacific, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: China, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: India, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: Japan, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Australia, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Indonesia, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: South Korea, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: Western Europe, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: UK, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: Germany, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: France, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: Italy, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Spain, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Eastern Europe, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Russia, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: North America, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: USA, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: Canada, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: South America, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: Brazil, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Middle East, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Africa, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Robert Bosch GmbH Financial Performance

Table 78: Nissan Motor Co. Ltd. Financial Performance

Table 79: Denso Corporation Financial Performance

Table 80: ZF Friedrichshafen AG Financial Performance

Table 81: Thyssenkrupp Presta AG Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Active Power Steering Market, Sub-Segmentation Of Electric Power Steering System(EPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Active Power Steering Market, Sub-Segmentation Of Hydraulic Power Steering System (HPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Active Power Steering Market, Sub-Segmentation Of Electro-Hydraulic Power Steering System (EHPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Active Power Steering Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Active Power Steering Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Asia-Pacific, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: China, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: India, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: Japan, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Australia, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Indonesia, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: South Korea, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: Western Europe, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: UK, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: Germany, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: France, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: Italy, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Spain, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Eastern Europe, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Russia, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: North America, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: USA, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: Canada, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: South America, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: Brazil, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Middle East, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Africa, Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Active Power Steering Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Robert Bosch GmbH Financial Performance

Figure 78: Nissan Motor Co. Ltd. Financial Performance

Figure 79: Denso Corporation Financial Performance

Figure 80: ZF Friedrichshafen AG Financial Performance

Figure 81: Thyssenkrupp Presta AG Financial Performance

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Frequently Asked Questions

What is the definition of the Active Power Steering market?

How will the Active Power Steering market drivers and restraints affect the market dynamics? What forces will shape the Active Power Steering industry going forward?

The Active Power Steering market major growth driver - The Increasing Demand For Electric Vehicles Is Fueling The Market Growth Due To Enhance Steering Integration And Efficiency. For further insights on the Active Power Steering market, request a sample here

What is the forecast market size or the forecast market value of the Active Power Steering market?

The Active Power Steering market size has grown strongly in recent years. The active power steering market size has grown rapidly in recent years. It will grow from $9.84 billion in 2024 to $11.14 billion in 2025 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to the rise in demand for luxury and premium vehicles, the rise in demand for autonomous and semi-autonomous vehicles, the increase in electric vehicle adoption, the growing adoption of electric power steering in passenger cars, and the increasing focus on fuel efficiency and emissions reduction. The active power steering market size is expected to see rapid growth in the next few years. It will grow to $18.1 billion in 2029 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to the increasing installation rate of EPS in commercial vehicles, growing investment in steer-by-wire technologies, increasing focus on advanced vehicle dynamics and stability control, growing expansion of smart mobility and connected vehicles, and growing need for lightweight vehicle components. Major trends in the forecast period include technological innovations in automotive components, advanced EPS technology, innovations in sensor technology, a shift towards steer-by-wire systems, and advanced steering technologies. For further insights on the Active Power Steering market, request a sample here

How is the Active Power Steering market segmented?

The active power steering market covered in this report is segmented –
1) By Type: Electric Power Steering System, Hydraulic Power Steering System, Electro-Hydraulic Power Steering System
2) By Application: Passenger Car, Commercial Vehicle
3) By Distribution Channel: Original Equipment Manufacturer, Aftermarket

Subsegments
1) By Electric Power Steering System: Column Type Electric Power Steering System, Pinion Type Electric Power Steering System, Rack Type Electric Power Steering System
2) By Hydraulic Power Steering System: Integral Hydraulic Power Steering, Linkage Hydraulic Power Steering
3) By Electro-Hydraulic Power Steering System: Belt-Driven Electro-Hydraulic Power Steering System, Electrically Assisted Hydraulic Steering For further insights on the Active Power Steering market, request a sample here

Which region has the largest share of the Active Power Steering market? What are the other regions covered in the report?

Who are the major players in the Active Power Steering market?

What are the key trends in the Active Power Steering market?

Major trends in the Active Power Steering market include Nexteer Automotive Unveils High-Output Electric Power Steering System To Enhance Handling And Fuel Efficiency. For further insights on the Active Power Steering market, request a sample here.

What are the major opportunities in the Active Power Steering market? What are the strategies for the Active Power Steering market?

For detailed insights on the major opportunities and strategies in the Active Power Steering market, request a sample here.

How does the Active Power Steering market relate to the overall economy and other similar markets?

For detailed insights on Active Power Steering's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Active Power Steering industry?

For detailed insights on the mergers and acquisitions in the Active Power Steering industry, request a sample here.

What are the key dynamics influencing the Active Power Steering market growth? SWOT analysis of the Active Power Steering market.

For detailed insights on the key dynamics influencing the Active Power Steering market growth and SWOT analysis of the Active Power Steering industry, request a sample here.

Active Power Steering Global Market Report 2025

Active Power Steering Global Market Report 2025

Market Insights

Related Reports

What Is Covered Under Active Power Steering Market?

What Is The Active Power Steering Market Size 2025 And Growth Rate?

What Is The Active Power Steering Market Growth Forecast?

How Is The Active Power Steering Market Segmented?

What Is Driving The Active Power Steering Market? The Increasing Demand For Electric Vehicles Is Fueling The Market Growth Due To Enhance Steering Integration And Efficiency

Who Are The Major Players In The Global Active Power Steering Market?

What Are The Key Trends Of The Global Active Power Steering Market? Nexteer Automotive Unveils High-Output Electric Power Steering System To Enhance Handling And Fuel Efficiency

What Are Latest Mergers And Acquisitions In The Active Power Steering Market? ZF Friedrichshafen Acquires Majority Stake In Rane Steering Systems To Strengthen Presence In Indian Market

What Is The Regional Outlook For The Global Active Power Steering Market?

What Defines the Active Power Steering Market?

How is Market Value Defined and Measured?

What is the Market Assessment and Strategic Outlook for the Active Power Steering Industry?

Table Of Contents

List Of Tables

List Of Figures

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