October 2025 forecasts show intelligent steering growing at 20.32% CAGR vs 3.3% for overall steering market
Automotive Steering System Market 2025 to 2032: Electrification, Autonomous Driving and the Reshaping of Global Supply →New October 2025 market research projects the passenger car intelligent steering segment to grow from USD 24.29 billion in 2025 to USD 128.38 billion by 2034 (20.32% CAGR), while the overall automotive steering system market grows far more slowly, from USD 36.2 billion in 2025 to USD 50.1 billion by 2035 (3.3% CAGR, 2026-2035). The reports attribute this to ADAS, autonomous driving, and EV-driven demand for electronic power steering and steer-by-wire. No pricing, supply, or disruption events were reported.
Severity: how big the impact would be if this plays out.
Likelihood: how probable the engine judges it is to happen or persist.
Spend exposed: the share of your annual category spend this flags.
Weight long-term supplier selection toward partners with EPS and steer-by-wire roadmaps
Forecasts show growth concentrating in intelligent/electronic steering rather than the broader market, so sourcing strategies should anticipate this mix shift.
Source · towardsautomotive.com
October 2025 The passenger car intelligent steering market is forecasted to expand from USD 24.29 billion in 2025 to USD 128.38 billion by 2034, growing at a CAGR of 20.32% from 2025 to 2034. The passenger car intelligent steering market is experiencing rapid growth and technological innovation, driven by the increasing demand for safety, convenience, and automation in automotive vehicles. Intel
Source · market.us
## Report Overview The Global Automotive Steering System Market size is expected to be worth around USD 50.1 Billion by 2035 from USD 36.2 Billion in 2025, growing at a CAGR of 3.3% during the forecast period 2026 to 2035. The Automotive Steering System Market encompasses mechanical and electronic components that enable directional control of vehicles. These syste
Source · iea.org
#### About this report The Global EV Outlook is an annual publication that identifies and assesses recent developments in electric mobility across the globe. It is developed with the support of members of the Electric Vehicles Initiative (EVI). Combining analysis of historical data with projections – now extended to 2035 – the report examines key areas of interest such as the deployment of elect