Steering Column Control Modules Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger Cars, Commercial Vehicles), By Type (Electronic Steering Column Control Modules, Mechanical Steering Column Control Modules), By End-User (OEM, Aftermarket), By Region & Competition, 2020-2030F

Market Overview

The Global Steering Column Control Modules Market was valued at USD 6.8 Billion in 2024 and is expected to reach USD 12.7 Billion by 2030 with a CAGR of 11.2% during the forecast period. The steering column control modules market has witnessed substantial growth due to an increase in the adoption of advanced technologies in the automotive industry. Modern vehicles are increasingly integrating electronic systems to enhance driver convenience and safety, leading to a higher demand for steering column control modules. These systems manage various functions, including steering angle adjustments, tilt and telescoping control, and other key mechanisms, improving the overall driving experience. As a result, the market for these modules is expected to expand significantly over the next few years.

Market Drivers

Increased Adoption of Advanced Driver Assistance Systems (ADAS)

The growing integration of ADAS in vehicles has significantly boosted the demand for steering column control modules. These modules are vital for implementing systems like lane departure warning, adaptive cruise control, and automatic steering adjustments, which enhance vehicle safety and driving experience. The rising emphasis on reducing traffic accidents and fatalities is encouraging the adoption of these technologies across both premium and mainstream vehicles. For instance, In 2022, 42,795 people lost their lives in vehicle crashes, with 94% of these incidents attributed to human error. Autonomous vehicles (AVs) have the potential to eliminate or significantly reduce human error, which could lower fatalities by up to 90%, potentially saving $190 billion annually. The U.S. AV market is projected to exceed $75 billion by 2030, reflecting a 350% growth from 2023. Furthermore, last-mile AVs for public transportation demonstrated over 33% energy savings compared to private vehicles. 

Rising Electric Vehicle (EV) Production

Electric vehicles often require a more sophisticated and precise steering mechanism compared to traditional vehicles. The rising demand for EVs has therefore stimulated the development of advanced steering column control modules that are compatible with electric power steering systems. As the EV market continues to grow, the need for electronic and mechanical steering components, such as steering column control modules, is expected to rise. Consumers are increasingly seeking more comfort and customization options in their vehicles. Steering column control modules that enable adjustable tilt, telescoping features, and memory functions are becoming popular. These adjustments cater to individual driver preferences, improving driving comfort, especially for long-distance travelers. For instance, global electric vehicle (EV) sales surged by 49% in the first half of 2023, reaching 6.2 million units. EVs now account for 16% of global light vehicle sales, with China leading at 55% of the market share. Europe and the U.S. followed, showing strong growth, especially in the latter’s 97% year-on-year increase. Tesla and BYD dominate global sales, with Tesla's Model Y leading, and BYD witnessing impressive sales growth. The overall market  has grown by almost 39% in 2023, reinforcing the EV sector's transformative momentum.

Increasing Integration of Connectivity and Smart Features

The integration of smart technologies such as connected vehicle systems is driving innovation in steering column control modules. The increasing use of sensors, IoT technology, and cloud computing in vehicles has created an opportunity for steering column control modules to integrate seamlessly with other vehicle systems. This integration allows for enhanced functionality, such as real-time steering adjustments based on road conditions or driver behavior. The shift towards autonomous vehicles is driving the need for advanced steering mechanisms. As self-driving cars become a reality, steering column control modules will play a critical role in ensuring that the steering system is fully functional and responsive to automation controls. The requirement for precise, reliable, and responsive steering mechanisms will continue to push innovation in this segment. For instance, The demand for connected vehicles is rising, driven by increasing consumer expectations for advanced in-car technology and seamless connectivity. Hyundai India has surpassed 675,000 connected car sales since 2019, reflecting the growing preference for smart mobility solutions. In 2023 alone, Hyundai recorded sales of 185,000 connected cars, a 24% growth compared to 2022, when the figure stood at 149,000 units. The brand’s connected car penetration has reached 36% in its overall sales, showcasing the rapid adoption of in-car connectivity features.

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Key Market Challenges

High Production and Development Costs

The development of sophisticated steering column control modules involves significant costs, both in terms of research and development and manufacturing. The integration of advanced sensors, electronic components, and connectivity features increases production expenses. For some automakers, the high cost of incorporating these technologies can be a barrier, particularly in budget or economy vehicles.

Complexity of System Integration

Integrating steering column control modules into existing vehicle systems can be challenging, as it requires seamless interaction with other electronic systems like power steering, airbags, and vehicle stability control. Achieving this level of integration while maintaining system reliability and performance is a complex task, particularly when working with multiple suppliers and components. Steering column control modules are exposed to a wide range of mechanical stresses and environmental conditions, such as heat, cold, and vibrations. Ensuring that these modules maintain their functionality and durability throughout the vehicle's lifespan is a significant challenge. Any failure in these systems could compromise driver safety and result in costly recalls or repairs.

Weight and Space Constraints

In the automotive industry, there is a growing trend towards reducing vehicle weight to improve fuel efficiency and performance. Steering column control modules, particularly those that incorporate electronic components, must meet stringent weight and space requirements. Balancing the need for advanced features with these constraints presents a challenge for manufacturers. As steering column control modules are critical components for vehicle safety, manufacturers must adhere to stringent regulatory standards. These regulations often vary across regions, making compliance a complex task. Ensuring that these modules meet safety and quality standards while also incorporating the latest technological innovations adds to the challenges faced by manufacturers.

Key Market Trends

Miniaturization and Weight Reduction

There is a growing trend toward miniaturization and weight reduction in steering column control modules. This is driven by the demand for lighter vehicles that offer better fuel efficiency and performance. Engineers are focusing on reducing the size of control modules without compromising on their functionality, integrating more compact components, and using lightweight materials to meet these requirements.

Integration of multi-functionality

Steering column control modules are increasingly being designed to handle multiple functions beyond basic steering adjustments. These systems now often include features such as memory functions, heated steering wheels, and even connectivity with vehicle infotainment systems. This trend reflects the growing demand for multifunctional, user-friendly technologies in vehicles. The shift from traditional hydraulic steering systems to electric power steering (EPS) is gaining momentum. EPS systems offer greater efficiency and allow for more precise control of the vehicle's steering mechanisms. This trend is pushing the development of more advanced steering column control modules, which can integrate seamlessly with EPS technology.

Autonomous Vehicle Readiness

As autonomous driving technologies continue to evolve, steering column control modules are being developed with future-ready capabilities. These systems are designed to operate effectively within fully autonomous vehicles, where traditional manual steering is no longer necessary. The development of these modules focuses on enhancing their responsiveness and reliability to cater to the growing trend of autonomous vehicles. The trend towards digitalization in the automotive industry is influencing the design and functionality of steering column control modules. These modules are increasingly being integrated with smart technologies that enable remote control and diagnostics. Connectivity with smartphones and other devices, as well as the incorporation of AI-driven systems, is helping to enhance the functionality of these control modules

Segmental Insights

Type Insights

The global steering column control modules market is segmented into electronic and mechanical types, each serving distinct purposes within the automotive industry. Electronic steering column control modules are equipped with advanced electronics and sensors that enable precise control of the steering mechanism. These modules are essential for incorporating features such as tilt and telescoping adjustments, as well as more advanced driver-assist technologies. They also support the integration of electronic power steering (EPS) systems, which have become increasingly popular due to their ability to provide smoother and more efficient steering control. Mechanical steering column control modules, on the other hand, utilize traditional mechanical components to adjust the steering column's position. While these systems are less complex compared to electronic variants, they are still widely used in vehicles that do not require the advanced capabilities offered by electronic systems. These modules provide basic steering functions like tilt adjustments and are commonly found in older vehicle models or entry-level cars. The development of electronic control modules is closely tied to advancements in the automotive industry, including the growing adoption of electric vehicles (EVs) and advanced driver assistance systems (ADAS). Electronic modules are crucial for integrating these technologies, providing drivers with greater convenience and safety features. Conversely, mechanical modules are often favored for their simplicity and reliability in less complex vehicle designs.

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Regional Insights

In 2024, the Asia-Pacific region was poised to lead the global Steering Column Control Modules (SCCM) market, driven by high automotive production in China, Japan, and South Korea. These countries are manufacturing hubs for both conventional and electric vehicles, fueling demand for advanced steering technologies. The shift toward EVs, autonomous vehicles, and enhanced safety systems has accelerated the need for sophisticated SCCMs. Government support for EV adoption and technological innovation, particularly in China, along with a robust automotive supply chain in Japan and South Korea, further reinforces the region’s dominance. Meanwhile, rising demand for modern vehicles in India and China due to a growing middle class is also contributing to SCCM growth. For instance, In 2023, China dominated the global electric vehicle market, responsible for 58% of the 13.7 million BEVs and PHEVs sold globally. With EV penetration rates at 22%, China led in both BEV and PHEV sales, surpassing the US and Germany. China’s influence extends to battery production, where it accounted for 53% of global battery capacity deployed, producing 59% of the total power-hours for EVs. Moreover, China exported 49.5 GWh of battery power, further solidifying its position as the largest EV exporter worldwide. With aggressive incentives and innovations, China continues to lead global EV growth.

Recent Developments

• In July 2024, ZF secured a USD 425 million loan from the European Investment Bank (EIB) to support the development of advanced braking and steering systems. This funding is part of a broader USD 1.3 billion investment aimed at advancing x-by-wire technologies, including steer-by-wire systems, to enhance vehicle automation and safety.
• In 2024, Bosch launched its Vehicle Motion Management division, integrating expertise from braking, steering, powertrain, and suspension systems. This new unit focuses on developing software solutions for software-defined vehicles, including by-wire technologies. Bosch's approach aims to simplify vehicle architectures and enable innovative interior designs by coordinating various vehicle dynamics through centralized software control.
• In 2024, DENSO introduced its Dual Assist 2nd Generation (DDA2) Electric Power Steering Motor Control Unit. This unit features dual drive circuits and motor windings, enhancing safety by providing redundancy. The compact and cost-effective design is integrated into the Toyota Harrier and is expected to be adopted across various automakers' models. 
• In 2025, Rivian will open a new AI and autonomous driving center in London to boost development of self-driving tech and over-the-air updates. The UK’s talent pool and favorable testing environment support this move

Key Market Players

• Delphi Technologies
• DENSO Corporation
• ZF Friedrichshafen AG
• JTEKT Corporation
• Lear Corporation
• Autoliv Inc.
• Valeo SA
• Aisin Seiki Co., Ltd.
• Mitsubishi Electric Corporation

Report Scope:

In this report, the Global Steering Column Control Modules Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Steering Column Control Modules Market, By Vehicle Type:

o    Passenger Car

o    Commercial Vehicles

·         Steering Column Control Modules Market, By Type:

o    Electronic Steering Column Control Modules

o    Mechanical Steering Column Control Modules

·         Steering Column Control Modules Market, By End-User:

o    OEM

o    Aftermarket

·         Steering Column Control Modules Market, By Region:

o    North America

§  United States

§  Canada

§  Mexico

o    Europe & CIS

§  Germany

§  France

§  U.K.

§  Spain

§  Italy

o    Asia-Pacific

§  China

§  Japan

§  India

§  South Korea

o    Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

o    South America

§  Brazil

§  Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Steering Column Control Modules Market.

Available Customizations:

Global Steering Column Control Modules Market report with the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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