The Steering Systems and Components market is composed of companies that design, manufacture, and distribute steering systems and components for vehicles. These components include steering columns, steering racks, steering pumps, and steering wheels. The market is driven by the increasing demand for vehicles, as well as the need for improved safety and comfort. The market is divided into two segments: OEMs and aftermarket. OEMs produce steering systems and components for original equipment manufacturers, while aftermarket companies produce components for the aftermarket. The major players in the Steering Systems and Components market include ZF Friedrichshafen AG, Robert Bosch GmbH, Nexteer Automotive, JTEKT Corporation, ThyssenKrupp AG, Mando Corporation, NSK Ltd., Showa Corporation, and Nippon Seiki Co. Ltd. Show Less Read more
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