Home > Automotive > Automotive Parts > Transmission and Drivetrain > Automotive Power Tilt and Telescopic Steering Column Market

Automotive Power Tilt and Telescopic Steering Column Market Size

Report ID: GMI12558
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Automotive Power Tilt and Telescopic Steering Column Market Size

The global automotive power tilt and telescopic steering column market size was valued at USD 4.4 billion in 2024 and is projected to grow at a CAGR of 7.8% between 2025 and 2034. The increasing focus on driver comfort and safety is a major factor driving the adoption of advanced steering systems. The rise of electric and luxury vehicles, along with the demand for customizable features, is fuelling the integration of power tilt and telescopic adjustments. Additionally, advancements in autonomous driving technologies and stricter vehicle safety regulations are pushing automakers to enhance steering systems for better ergonomics and functionality.

To get key market trends

Download Free Sample

For instance, in August 2024, the 2025 Nissan Frontier introduced significant enhancements, with a particular focus on driver comfort and advanced technology. All models now come standard with a telescoping steering wheel, allowing drivers to adjust the wheel to their preferred position for improved comfort.

Automotive Power Tilt and Telescopic Steering Column Market Report Attributes
Report Attribute	Details
Base Year:	2024
Automotive Power Tilt and Telescopic Steering Column Market Size in 2024:	USD 4.4 Billion
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	7.8%
2034 Value Projection:	USD 9.2 Billion
Historical Data for:	2021 – 2024
No. of Pages:	180
Tables, Charts & Figures:	200
Segments covered:	Product, Mechanism, Technology, Sales Channel, Vehicle
Growth Drivers:	Increasing demand for personalized driver comfort features Growth of luxury and premium vehicle sales Technological advancements in steering column systems Integration with advanced driver-assistance systems (ADAS)
Pitfalls & Challenges:	High manufacturing costs limit widespread adoption Limited consumer awareness of advanced features

Learn more about the key segments shaping this market

Download Free Sample

Technological advancements in electric and electronic steering systems are accelerating the integration of power tilt and telescopic features. With innovations in actuator motors, sensors, and control systems, these steering columns now offer smoother, more precise adjustments. As vehicle manufacturers embrace these innovations for enhanced driver experience and integration with autonomous driving technologies, the demand for advanced steering solutions continues to rise.

For instance, in September 2023, General Motors (GM) filed a patent for a telescoping steering wheel rim, introducing an innovative approach to steering wheel design. The patent describes a steering control system that enables the rim of the steering wheel to adjust its position along the steering axis, enhancing driver comfort and adaptability.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

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.

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.

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.

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