October 2, 2023

Steering Wheel Market Competitive analysis is the study of strengths and weaknesses, market investment, market share, market sales volume, and market trends of major players in the market. The  Steering Wheel Market study focused on including all the primary-level, secondary level and tertiary-level competitors in the report. The data was generated by conducting primary and secondary research. The report covers a detailed analysis of drivers, constraints and scope for new players entering the Steering Wheel Market.

Projected Steering Wheel Market size and growth rate of the Steering Wheel Market

According to the latest report published by Fortune Business Insights,

The global steering wheel market size was USD 18.20 billion in 2020. The market is projected to grow from USD 19.3 billion in 2021 to USD 32.9 billion in 2028 at a CAGR of 7.87% in the projected period.

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Top Steering Wheel Market Size Manufacturers covered in the Steering Wheel Market Report include:

Scope of the Market

The Steering Wheel Market Research report incorporates value chain analysis for each of the product types. Value chain analysis offers in-depth information about value addition at each stage. The study includes drivers and restraints for Steering Wheel Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The research report includes a major key player analysis with shares of each player inside the market, growth rate and market attractiveness in different end-users/regions. Our study Steering Wheel Market helps users to make precise decisions in order to expand their market presence and increase market share.

Recent Key Industry Development:

July 2021- Autoliv, Inc., a global leader in automotive safety systems, opened up a new sound and vibration laboratory at Ogden Technical Center (OTC), which has been designed specifically for the development of automotive safety restraint equipment (airbags, seat belts, steering wheels).

Report Title:

Steering Wheel Market Size, Share & COVID-19 Impact Analysis, By Technology Type (Normal and Embedded Control), By Size (Small, Medium, and Large), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), and Regional Forecasts, 2021-2028

Steering Wheel Market CAGR: 7.87

Report Coverage: Revenue estimation and forecast, company profile, competitive landscape, growth factors, and recent trends

Research Methodology:

To analyze and validate the size of the overall market and other dependent sub-markets covered in this research report, the Steering Wheel Market engineering methodology employs a top-down and bottom-up approach, as well as several data triangulation methodologies. The second survey identified the market’s major participants, and the first and second surveys determined the market rankings.

Primary and secondary methodologies were utilized to study actually Steering Wheel Market sales and their breakdowns. Extensive primary searches, such as surveys, expert comments, profiles, and secondary ratings to business periodicals, industry directories, paid venues, and others, were conducted for the Steering Wheel Market evaluation. Furthermore, the industry research evaluates data obtained from a variety of sector analysts and important market participants along the industry’s value chain to produce a concise quantitative and qualitative analysis.

Segment Covered:

By Technology Type

  • Normal
  • Control Embedded

By Size

  • Small
  • Medium
  • Large

By Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

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Report Inclusions:

Steering Wheel Market Overview: It includes a product overview and scope of the global Steering Wheel Market. It offers a summary of the segmental analysis provided in the report. Here, product, application, and regional segments are highlighted. This chapter also includes Steering Wheel Market estimations related to revenue and sales.

Competition: This section sheds light on the competitive situations and trends, gives an analysis of manufacturers and provides figures related to average price by the player, revenue and revenue shares of individual Steering Wheel Market players, sales, and sales shares of individual players.

Region-wise Sales Analysis: The report in this section offers Steering Wheel Market numbers, and an analysis of revenue, sales, and Steering Wheel Market shares of individual regions. In addition, it provides sales and sales growth rates, pricing structures, revenue, and some other estimations for each regional Steering Wheel Market that has been studied.

Company Profiles: This section of the report offers in-depth insightful information about the financial and strategic business data of some of the leading companies operating in the global Steering Wheel Market landscape. In addition, product specifications, portfolios, regional footprint, revenue shares, and several other details are also covered in this chapter of the report.


  • How much was the global Steering Wheel Market worth in 2021?
  • Who are the top players actively operating across the Steering Wheel Market?
  • How much will the global Steering Wheel Market be worth by 2028?
  • What are the key Steering Wheel Market drivers?
  • Which application segment is leading across the globe?
  • At what compound annual growth rate (CAGR) is the global Steering Wheel Market projected to grow in the forecast period?

Major Points from Table of Contents

  • Introduction

    • The Objective of the Study
    • Definition of the Market
    • Market Scope
    • Market Segment by Type, Application and Marketing Channel
    • Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
    • Years Considered for the Study
    • Currency Considered (U.S. Dollar)
  • Key Findings of the Study
    • Market Dynamics
    • Driving Factors for this Market
    • Factors Challenging the Market
    • Opportunities of the Global Steering Wheel Market (Regions, Growing/Emerging Downstream Market Analysis)
    • Technological and Market Developments in the Steering Wheel Market
    • Industry News by Region
    • Regulatory Scenario by Region/Country
    • Market Investment Scenario Strategic Recommendations Analysis
  • Value Chain of the Steering Wheel Market
    • Value Chain Status
    • Upstream Raw Material Analysis
    • Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
    • Distributors/Traders
    • Downstream Major Customer Analysis (by Region)
    • Global Steering Wheel Market -Segmentation by Type
    • Global Steering Wheel Market -Segmentation by Application
    • Global Steering Wheel Market -Segmentation by Marketing Channel
    • Competitive Intelligence Company Profiles
  • Global Steering Wheel Market -Segmentation by Geography

    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East and Africa
  • Future Forecast of the Global Steering Wheel Market from 2023-2028

    • Future Forecast of the Global Steering Wheel Market from 2023-2028 Segment by Region
    • Global Steering Wheel Market Production and Growth Rate Forecast by Type (2023-2028)
    • Global Steering Wheel Market Consumption and Growth Rate Forecast by Application (2023-2028)
  • Appendix
    • Methodology
    • Research Data Source


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