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Automotive Power Tilt and Telescopic Steering Column Market Analysis

Report ID: GMI12558 Published Date: December 2024Report Format: PDF
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Automotive Power Tilt and Telescopic Steering Column Market Analysis

Automotive Power Tilt and Telescopic Steering Column Market, By Product, 2022 - 2034 (USD Billion)

Based on product, the market is segmented into power tilt steering column, power telescopic steering column, combination (tilt & telescopic). In 2024, the power telescopic steering column segment accounted for 42% of the market share and is expected to exceed USD 4 billion by 2034. Power telescopic steering columns are gaining traction as automakers prioritize driver comfort and adaptability. These systems allow for seamless, electronic adjustment of the steering wheel’s reach, enhancing ergonomics, especially in electric and luxury vehicles.

As consumer demand for customizable driving experiences grows, the integration of power telescopic systems is increasingly viewed as essential for offering a superior, flexible driving environment.

 

As the focus on comfort and personalized driving experiences increases, power telescopic steering columns are becoming integral to modern vehicles. These systems offer easy adjustment for various driving positions, improving driver comfort and safety. With the rise of electric and autonomous vehicles, where customization is key, the power telescopic steering column is increasingly adopted in high-end and luxury models for its advanced ergonomic benefits.

Automotive Power Tilt and Telescopic Steering Column Market, By Vehicle, 2024

Based on vehicle, the automotive power tilt and telescopic steering column market is divided into passenger cars, and commercial vehicles. The passenger cars segment held 68% of the market share in 2024. The demand for advanced steering column systems in passenger cars is increasing as consumers prioritize comfort and customization. Features like power tilt and telescopic adjustments are becoming standard in luxury and high-end models. Additionally, the growing focus on safety, driver-assist technologies, and ergonomics is driving the integration of these systems. The rise of electric vehicles is also contributing to a higher demand for these advanced steering solutions.

As the demand for advanced driver-assist systems (ADAS) grows, steering column systems in passenger cars are evolving to enhance vehicle safety and ease of operation. Integration with features like automatic seat adjustment and memory settings allows for seamless driver experiences. Additionally, with growing consumer preference for electric vehicles, the adoption of power tilt and telescopic systems is increasing, as these technologies offer superior comfort, adaptability, and a futuristic driving experience in modern vehicles.

China Automotive Power Tilt and Telescopic Steering Column Market, 2022 – 2034, (USD Million)

Asia Pacific automotive power tilt and telescopic steering column market accounted for 36% of the revenue share in 2024 and is expected to exceed USD 3 billion by 2034. In China, demand for advanced steering column systems is growing rapidly due to the rise in electric and luxury vehicles. Manufacturers are increasingly adopting power tilt and telescopic systems to meet consumer preferences for comfort and customization. The shift toward higher safety standards and vehicle automation, coupled with strong government support for electric vehicle production, is accelerating market growth in the region.

In North America, the demand for advanced steering systems is driven by the increasing adoption of electric and autonomous vehicles. Consumers seek greater customization and comfort, prompting automakers to integrate power tilt and telescopic features. Additionally, stringent safety regulations and technological innovations, such as integration with ADAS, are influencing market growth, especially in luxury and high-performance vehicle segments.

In Europe, the shift towards electric and hybrid vehicles is significantly driving the adoption of advanced steering technologies. Consumers prioritize enhanced comfort and vehicle safety, fuelling demand for power tilt and telescopic systems. The region's strong regulatory focus on environmental and safety standards, combined with growing interest in autonomous driving, further accelerates the integration of these systems in both luxury and mainstream vehicle models.

Author: Preeti Wadhwani, Satyam Jaiswal
Frequently Asked Question(FAQ) :

Who are the major players in the automotive power tilt and telescopic steering column market?+

The key players in the industry include Bosch, COBO, Denso, Eaton, Flaming River, JTEKT, Kongsberg, Nexteer, NSK, and ZF Friedrichshafen.

How much is the Asia Pacific automotive power tilt and telescopic steering column industry worth?+

The Asia Pacific market accounted for 36% of the revenue share in 2024 and is expected to exceed USD 3 billion by 2034, fueled by the rise in electric and luxury vehicles and strong government support for electric vehicle production.

What is the market share of the power telescopic steering column segment?+

In 2024, the power telescopic steering column segment accounted for 42% of the market share and is expected to exceed USD 4 billion by 2034, as automakers prioritize driver comfort and adaptability.

How big is the automotive power tilt and telescopic steering column market?+

The market size of automotive power tilt and telescopic steering column reached USD 4.4 billion in 2024 and is set to grow at a 7.8% CAGR from 2025 to 2034, driven by increasing focus on driver comfort and safety.

Automotive Power Tilt and Telescopic Steering Column Market Scope

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