Steering Wheel Market Analysis from 2022 to 2034 Containing Market Size, Share along with its CAGR, Forecast and Trends

Top Countries — Revenue

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Steering Wheel Market Analysis — Presence

Geographical Analysis

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Regional and Country Analysis

Region / Country 2021 (A)2025 (A)2033 (P) CAGR
Globalxxxxxxxxxxxx8.2%
North Americaxxxxxxxxxxxx6.4%
Europexxxxxxxxxxxx6.7%
Asia Pacificxxxxxxxxxxxx10.2%
South Americaxxxxxxxxxxxx7.6%
Middle Eastxxxxxxxxxxxx7.9%

A = Actual · E = Estimated · P = Projected · 🔒 Locked values require full access. Click headers to sort.

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Segmentation Analysis


Market size by (Illustrative, 2025)
Share distribution (2025)

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Competitor Analysis

Competitive Landscape of the Steering Wheel Market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge steering Wheel-based crops, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.

Steering Wheel industry news

In April 2021, Toyoda Gosei Co., Ltd.'s subsidiary, Toyoda Gosei (Zhangjiagang) Co., Ltd. (TGZH), started producing millimeter wave-compatible emblems and airbag inflators in China to cater to the increasing demand for these items in the largest automotive market globally.

(Source: https://www.toyoda-gosei.com/news/details.php?id=280)

In December 2023, Nexteer Automotive announced its global production milestone of 100 million electric power steering (EPS) systems – a key technology enabling fuel efficiency and advanced safety and performance. Nexteer is a global leader in EPS – serving more than 60 customers worldwide.

(Source: https://www.nexteer.com/release/nexteer-achieves-global-production-milestone-of-100-million-electric-power-steering-systems-enabling-fuel-efficiency-advanced-safety-performance/)

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Top Companies (In no particular order)2022 (A)2023 (A)2024 (A)2025 (A)
Autoliv Inc. (Sweden)••• ••• ••• •••
ZF Friedrichshafen AG (Germany)••• ••• ••• •••
JTEKT Corporation (Japan)••• ••• ••• •••
Toyoda Gosei Co. Ltd (Japan)••• ••• ••• •••
Ningbo Joyson Electronics Co. Ltd (China)••• ••• ••• •••
Nexteer Corporation (U.S.)••• ••• ••• •••
Hyundai Mobis Co. Ltd (South Korea)••• ••• ••• •••
GKN Automotive (U.K.)••• ••• ••• •••
Nihon Plast Co. Ltd (Japan)••• ••• ••• •••

We Provide Regional Breakdown of this Companies and Company specific to any Country, Region, Product/ service as well. We cover market share analysis for publicly listed companies as well as privately held companies, subject to data availability.

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Report Scope & Analysis

According to Cognitive Market Research, the global Steering Wheel market was worth USD 19502.5 million in 2024 and expand at a compound annual growth rate (CAGR) of 8.20% from 2024 to 2031. 

  • North America held the major market of more than 40% of the global revenue with a market size of USD 7801.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
  • Europe accounted for a share of over 30% of the global market size of USD 5850.75 million.
  • Asia Pacific held the market of around 23% of the global revenue with a market size of USD 4485.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
  • Latin America's market will have more than 5% of the global revenue with a market size of USD 975.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
  • Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 390.05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
  • Control-embedded steering wheels held the highest Steering Wheel market revenue share in 2024.

Introduction of the Steering Wheel Market

A steering wheel is a hand wheel that helps drive the vehicle in the required direction. More and more functions have shifted from the console or dashboard to the steering in recent years. Furthermore, the steering wheel serves as the interface through which drivers control the steering system, directing the vehicle's movement. It is related to consumer driving safety. The system translates the rotary motion of the steering wheel into the angular motion of the front wheels, amplifying the driver's input through mechanical advantage. 

In nearly all modern land vehicles, steering wheels are integral components of mass-produced automobiles, encompassing buses, light and heavy trucks, and tractors. Modern vehicles integrate additional controls, such as cruise, audio, and telephone functions, along with paddle-shifters, directly into the steering wheel to minimize driver distraction and ensure continuous wheel contact. Also, the advancements in steering wheel technology contribute to reduced driver distraction and enhanced road safety, as well as providing a mechanical advantage in steering knuckle operation, facilitating effortless front-wheel turning in any direction with minimal effort. 

Consequently, the increasing adoption of automation and rising consumer spending power are anticipated to influence the automotive steering wheel market positively.

In May 2023, Autoliv, Inc., the worldwide leader in automotive safety systems, offered several new safety solutions at the Shanghai Automobile Industry Exhibition 2023. The new safety solutions include an integrated cockpit, a zero-gravity seat, and the Star steering wheel. The new products are designed to provide safety, comfort, and an improved driving experience.

(Source: https://www.autoliv.com/press/autoliv-presents-new-safety-innovations-auto-shanghai-2023-2121209)

Analyst Conclusion

  • Author says: The global Steering Wheel market will expand significantly by 8.20% CAGR from 2024 to 2031.
  • Passenger car sales are set to rise as there is organic growth in passenger car production across the world, and increasing demand for autonomous driving with high passenger safety, especially in premium and luxury cars, will contribute to the market growth globally.
  • Increasing emphasis on increasing demand for heavy-duty trucks and buses worldwide ensures peak growth in the sales of the commercial vehicles segment. Further, expanding logistics operations, infrastructure development, and rising industrial activities, particularly in emerging economies, boost this segment.

Sneha Singh
Sneha Singh Verified Analyst
Research Analyst at Cognitive Market Research · Cognitive Market Research

Frequently Asked Questions

The global market size for steering Wheels in 2024 was 19502.5 million USD.
The global Steering Wheel market is expected to grow with a CAGR of 8.20% over the projected period.
North America held a significant global Steering Wheel market revenue share in 2024.
Asia-Pacific will witness the fastest growth of the global Steering Wheel market over the coming years.
The US had the most significant global Steering Wheel market revenue share in 2024.
The main drivers of the growth of the Steering Wheel market are technological advancements, increasing demand for safety-equipped vehicles, and rising demand for vehicles with advanced features.
The control-embedded steering wheel segment had the largest share in the global Steering Wheel market by technology.

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Steering Wheel Market Analysis — Table of Contents

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Vehicle Type Passenger Cars, Commercial Vehicles
Technology Type Normal Steering Wheel, Control Embedded Steering Wheel
Wheel Type Small Wheel Type, Medium Wheel Type, Large Wheel Type
Sales Channel Original Equipment Manufacturer, Aftermarket
List of Competitors Autoliv Inc. (Sweden), ZF Friedrichshafen AG (Germany), JTEKT Corporation (Japan), Toyoda Gosei Co. Ltd (Japan), Ningbo Joyson Electronics Co. Ltd (China), Nexteer Corporation (U.S.), Hyundai Mobis Co. Ltd (South Korea), GKN Automotive (U.K.), Nihon Plast Co. Ltd (Japan)

  • 1.1 Top Competitors Analysis
    • (Subject to Data Availability (Private Players))

      1.1.1 Global Steering Wheel Market Analysis by Key Players
    • 1.1.2 Top Players Ranking 2024
    • 1.1.3 New Product Launch Analysis
    • 1.1.4 Industry Mergers and Acquisition Analysis
  • 1.2 Company Profile (Data Subject to Availability) Sample Format
    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.1 Autoliv Inc. (Sweden)
      • 1.2.1.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.1.2 Business Overview
      • 1.2.1.3 Financials (Subject to data availability)
      • 1.2.1.4 R&D Investment (Subject to data availability)
      • 1.2.1.5 Product Types Specification
      • 1.2.1.6 Business Strategy
      • 1.2.1.7 Recent Developments
      • 1.2.1.8 Management Change
      • 1.2.1.9 S.W.O.T Analysis
    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.2 ZF Friedrichshafen AG (Germany)
      • 1.2.2.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.2.2 Business Overview
      • 1.2.2.3 Financials (Subject to data availability)
      • 1.2.2.4 R&D Investment (Subject to data availability)
      • 1.2.2.5 Product Types Specification
      • 1.2.2.6 Business Strategy
      • 1.2.2.7 Recent Developments
      • 1.2.2.8 Management Change
      • 1.2.2.9 S.W.O.T Analysis
    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.3 JTEKT Corporation (Japan)
      • 1.2.3.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.3.2 Business Overview
      • 1.2.3.3 Financials (Subject to data availability)
      • 1.2.3.4 R&D Investment (Subject to data availability)
      • 1.2.3.5 Product Types Specification
      • 1.2.3.6 Business Strategy
      • 1.2.3.7 Recent Developments
      • 1.2.3.8 Management Change
      • 1.2.3.9 S.W.O.T Analysis
    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.4 Toyoda Gosei Co. Ltd (Japan)
      • 1.2.4.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.4.2 Business Overview
      • 1.2.4.3 Financials (Subject to data availability)
      • 1.2.4.4 R&D Investment (Subject to data availability)
      • 1.2.4.5 Product Types Specification
      • 1.2.4.6 Business Strategy
      • 1.2.4.7 Recent Developments
      • 1.2.4.8 Management Change
      • 1.2.4.9 S.W.O.T Analysis
    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.5 Ningbo Joyson Electronics Co. Ltd (China)
      • 1.2.5.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.5.2 Business Overview
      • 1.2.5.3 Financials (Subject to data availability)
      • 1.2.5.4 R&D Investment (Subject to data availability)
      • 1.2.5.5 Product Types Specification
      • 1.2.5.6 Business Strategy
      • 1.2.5.7 Recent Developments
      • 1.2.5.8 Management Change
      • 1.2.5.9 S.W.O.T Analysis
    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.6 Nexteer Corporation (U.S.)
      • 1.2.6.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.6.2 Business Overview
      • 1.2.6.3 Financials (Subject to data availability)
      • 1.2.6.4 R&D Investment (Subject to data availability)
      • 1.2.6.5 Product Types Specification
      • 1.2.6.6 Business Strategy
      • 1.2.6.7 Recent Developments
      • 1.2.6.8 Management Change
      • 1.2.6.9 S.W.O.T Analysis
    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.7 Hyundai Mobis Co. Ltd (South Korea)
      • 1.2.7.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.7.2 Business Overview
      • 1.2.7.3 Financials (Subject to data availability)
      • 1.2.7.4 R&D Investment (Subject to data availability)
      • 1.2.7.5 Product Types Specification
      • 1.2.7.6 Business Strategy
      • 1.2.7.7 Recent Developments
      • 1.2.7.8 Management Change
      • 1.2.7.9 S.W.O.T Analysis
    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.8 GKN Automotive (U.K.)
      • 1.2.8.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.8.2 Business Overview
      • 1.2.8.3 Financials (Subject to data availability)
      • 1.2.8.4 R&D Investment (Subject to data availability)
      • 1.2.8.5 Product Types Specification
      • 1.2.8.6 Business Strategy
      • 1.2.8.7 Recent Developments
      • 1.2.8.8 Management Change
      • 1.2.8.9 S.W.O.T Analysis
    • Data Subject to Availability as we consider Top competitors and their market share will be delivered.

      1.2.9 Nihon Plast Co. Ltd (Japan)
      • 1.2.9.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
      • 1.2.9.2 Business Overview
      • 1.2.9.3 Financials (Subject to data availability)
      • 1.2.9.4 R&D Investment (Subject to data availability)
      • 1.2.9.5 Product Types Specification
      • 1.2.9.6 Business Strategy
      • 1.2.9.7 Recent Developments
      • 1.2.9.8 Management Change
      • 1.2.9.9 S.W.O.T Analysis

  • 2.1 Global Steering Wheel Market Analysis
  • 2.2 Global Steering Wheel Market Analysis by Region
  • 2.3 Global Steering Wheel Market Analysis by Vehicle Type
  • 2.4 Global Steering Wheel Market Analysis by Technology Type
  • 2.5 Global Steering Wheel Market Analysis by Wheel Type
  • 2.6 Global Steering Wheel Market Analysis by Sales Channel
  • 2.7 Global Steering Wheel Market Analysis by Key Players

  • 3.1 North America Steering Wheel Market Analysis
  • 3.2 North America Steering Wheel Market Analysis by Country
  • 3.3 North America Steering Wheel Market Analysis by Vehicle Type
  • 3.4 North America Steering Wheel Market Analysis by Technology Type
  • 3.5 North America Steering Wheel Market Analysis by Wheel Type
  • 3.6 North America Steering Wheel Market Analysis by Sales Channel
  • 3.7 North America Steering Wheel Market Analysis by Key Players

  • 4.1 Europe Steering Wheel Market Analysis
  • 4.2 Europe Steering Wheel Market Analysis by Country
  • 4.3 Europe Steering Wheel Market Analysis by Vehicle Type
  • 4.4 Europe Steering Wheel Market Analysis by Technology Type
  • 4.5 Europe Steering Wheel Market Analysis by Wheel Type
  • 4.6 Europe Steering Wheel Market Analysis by Sales Channel
  • 4.7 Europe Steering Wheel Market Analysis by Key Players

  • 5.1 Asia Pacific Steering Wheel Market Analysis
  • 5.2 Asia Pacific Steering Wheel Market Analysis by Country
  • 5.3 Asia Pacific Steering Wheel Market Analysis by Vehicle Type
  • 5.4 Asia Pacific Steering Wheel Market Analysis by Technology Type
  • 5.5 Asia Pacific Steering Wheel Market Analysis by Wheel Type
  • 5.6 Asia Pacific Steering Wheel Market Analysis by Sales Channel
  • 5.7 Asia Pacific Steering Wheel Market Analysis by Key Players

  • 6.1 South America Steering Wheel Market Analysis
  • 6.2 South America Steering Wheel Market Analysis by Country
  • 6.3 South America Steering Wheel Market Analysis by Vehicle Type
  • 6.4 South America Steering Wheel Market Analysis by Technology Type
  • 6.5 South America Steering Wheel Market Analysis by Wheel Type
  • 6.6 South America Steering Wheel Market Analysis by Sales Channel
  • 6.7 South America Steering Wheel Market Analysis by Key Players

  • 7.1 Middle East Steering Wheel Market Analysis
  • 7.2 Middle East Steering Wheel Market Analysis by Country
  • 7.3 Middle East Steering Wheel Market Analysis by Vehicle Type
  • 7.4 Middle East Steering Wheel Market Analysis by Technology Type
  • 7.5 Middle East Steering Wheel Market Analysis by Wheel Type
  • 7.6 Middle East Steering Wheel Market Analysis by Sales Channel
  • 7.7 Middle East Steering Wheel Market Analysis by Key Players

  • 8.1 Africa Steering Wheel Market Analysis
  • 8.2 Africa Steering Wheel Market Analysis by Country
  • 8.3 Africa Steering Wheel Market Analysis by Vehicle Type
  • 8.4 Africa Steering Wheel Market Analysis by Technology Type
  • 8.5 Africa Steering Wheel Market Analysis by Wheel Type
  • 8.6 Africa Steering Wheel Market Analysis by Sales Channel
  • 8.7 Africa Steering Wheel Market Analysis by Key Players

  • 9.1 Passenger Cars
    • 9.1.1 Global Passenger Cars Market
    • 9.1.2 Global Passenger Cars Market by Region
  • 9.2 Commercial Vehicles
    • 9.2.1 Global Commercial Vehicles Market
    • 9.2.2 Global Commercial Vehicles Market by Region

  • 10.1 Normal Steering Wheel
    • 10.1.1 Global Normal Steering Wheel Market
    • 10.1.2 Global Normal Steering Wheel Market by Region
  • 10.2 Control Embedded Steering Wheel
    • 10.2.1 Global Control Embedded Steering Wheel Market
    • 10.2.2 Global Control Embedded Steering Wheel Market by Region

  • 11.1 Small Wheel Type
    • 11.1.1 Global Small Wheel Type Market
    • 11.1.2 Global Small Wheel Type Market by Region
  • 11.2 Medium Wheel Type
    • 11.2.1 Global Medium Wheel Type Market
    • 11.2.2 Global Medium Wheel Type Market by Region
  • 11.3 Large Wheel Type
    • 11.3.1 Global Large Wheel Type Market
    • 11.3.2 Global Large Wheel Type Market by Region

  • 12.1 Original Equipment Manufacturer
    • 12.1.1 Global Original Equipment Manufacturer Market
    • 12.1.2 Global Original Equipment Manufacturer Market by Region
  • 12.2 Aftermarket
    • 12.2.1 Global Aftermarket Market
    • 12.2.2 Global Aftermarket Market by Region

  • 13.1 Market Drivers
  • 13.2 Market Restraints
  • 13.3 Market Trends
  • 13.4 Market Opportunity
  • 13.5 Technological Road Map (Subject to Data Availability)
  • 13.6 Product Life Cycle (Subject to Data Availability)
  • 13.7 Customer and Buyer Behavior Analysis
    • 13.7.1 Consumer Demographics and Target Audience Assessment
    • 13.7.2 Digital Engagement, Customer Experience & Relationship Analysis
    • 13.7.3 Customer Buying Behavior & Purchase Decision Analysis
    • 13.7.4 Vendor Selection, Supplier Preferences & Future Demand Trends
    • 13.7.5 Pricing, Affordability & Value Perception Analysis
    • 13.7.6 Customer Segmentation & Demand Pattern Analysis
  • 13.8 PESTEL Analysis
    • 13.8.1 Political Factors
    • 13.8.2 Economic Factors
    • 13.8.3 Social Factors
    • 13.8.4 Technological Factors
    • 13.8.5 Legal Factors
    • 13.8.6 Environmental Factors
  • 13.9 Industrial Chain Analysis (Subject to Data Availability)
    • 13.9.1 Industry Chain Analysis
    • 13.9.2 Manufacturing Cost Analysis
    • 13.9.3 Supply Side Analysis
      • 13.9.3.1 Raw Material Analysis
      • 13.9.3.2 Raw Material Procurement Analysis
      • 13.9.3.3 Raw Material Price Trend Analysis
  • 13.10 Porter’s Five Forces Analysis
    • 13.10.1 Bargaining Power of Suppliers
    • 13.10.2 Bargaining Power of Buyers
    • 13.10.3 Threat of New Entrants
    • 13.10.4 Threat of Substitutes
    • 13.10.5 Degree of Competition
  • 13.11 Patent Analysis (Subject to Data Availability)
  • 13.12 ESG Analysis
  • 13.13 Geopolitical Outlook
    • 13.13.1 Global Power Realignment & Strategic Alliances
    • 13.13.2 Geopolitical Risk Landscape & Conflict Hotspots
    • 13.13.3 International Trade Relations & Market Access Environment
    • 13.13.4 Regulatory & Policy Shifts Impacting Cross-Border Operations
    • 13.13.5 Supply Chain Resilience, Localization & Resource Nationalism
    • 13.13.6 Technology Sovereignty & Digital Geopolitics
    • 13.13.7 Strategic Implications for Investment, Growth & Market Entry
  • This chapter isn't just about technology; it’s about certainty. We show you how AI is being used in leading industries so you can apply those same 'High-Speed' and 'High-Accuracy' principles to your own market strategy

    13.14 AI & Market Transformation
    • 13.14.1 Competitive Landscape Disruption & Strategic Shifts
    • 13.14.2 AI-Driven Transformation of Industry Value Chain
    • 13.14.3 Evolution of Business Models & Revenue Streams
    • 13.14.4 AI-Driven Product, Service & Innovation Transformation
    • 13.14.5 Customer Behavior, AI Adoption & Future Market Evolution

  • 14.1 Country 1
    • 14.2 Country 2
    • 14.3 Country 3
    • 14.4 Country 4
    • 14.5 Country 5
    • 14.6 Country 6
    • 14.7 Country 7
    • 14.8 Country 8
    • 14.9 Country 9
    • 14.10 Country 10

    • 15.1 Key Takeaways
    • Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.

      15.2 Analyst Point of View
    • 15.3 Assumptions and Acronyms

    • 16.1 Primary Data Collection
      • 16.1.1 Steps for Primary Data Collection
        • 16.1.1.1 Identification of KOL
      • 16.1.2 Backward Integration
      • 16.1.3 Forward Integration
      • 16.1.4 How Primary Research Help Us
      • 16.1.5 Modes of Primary Research
    • 16.2 Secondary Research
      • 16.2.1 How Secondary Research Help Us
      • 16.2.2 Sources of Secondary Research
    • 16.3 Data Validation
      • 16.3.1 Data Triangulation
    • 16.4 Data Representation

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    Research Framework · 70:30 Primary:Secondary

    Our Proprietary Methodology

    Cognitive Market Research and Consulting "The Full Truth" methodology — a rigorous triangulation process that combines primary research, secondary validation, and expert calibration. Implemented by Sneha Singh and team for the Steering Wheel Market Analysis Market analysis.

    01

    Primary Intelligence Gathering

    Direct interviews with 50+ industry stakeholders including manufacturers, distributors, end-users, and regulatory bodies across all six regions.

    02

    Secondary Data Triangulation

    Cross-referencing against trade databases, customs records, financial filings, patent databases, and verified industry publications.

    03

    Expert Validation Protocol

    Each data point undergoes validation by minimum two independent domain experts with 15+ years of industry experience.

    04

    Athenaeum AI Processing

    Our proprietary AI platform aggregates, normalizes, and identifies patterns across 10,000+ data points to surface non-obvious insights.

    05

    Editorial & QA Review

    Final review by senior analysts ensures accuracy, coherence, and actionability of all insights and recommendations.

    Data Assurance Metrics
    Data Points Validated 10,400+
    Expert Interviews 54
    Countries Covered 39+
    Company Profiles 9+
    Forecast Accuracy (Historical) 94.2%
    Report Pages 250+
    Analytical Coverage
    Market Sizing Revenue Forecast CAGR Analysis Competitor Benchmarking SWOT Porter's Analysis PESTEL Value Chain ESG Analysis Tariff Impact Patent Mapping Tech Trends

    To maintain the integrity of our proprietary methodology and protect our elite expert network, specific source disclosures are reserved for full-access partners. Our research framework is anchored by a 70:30 primary-to-secondary ratio, ensuring your strategy is driven by real-time market intelligence rather than recycled, publicly available, or AI-generated data. Every deliverable includes an exhaustive source directory and grants direct analyst access.

    Latest News about Steering Wheel Market

     30 Mar 2024 auto.economictimes.indiatimes.com

    ZF Rane Automotive India acquires TRW Sun Steering Wheels

    TRW Sun Steering Wheels Pvt Ltd, a maker of steering wheels, will be acquired by ZF Rane Automotive India for an unknown amount. A joint venture between the Sun Group and the ZF Group worldwide, TRW Sun Steering Wheels produces a range of steering wheels specifically for the Indian market. ZF Rane Automotive India is now well-positioned to offer its local clientele full solutions encompassing system integration and occupant safety as a result of the purchase. With improved capabilities, ZF Rane Automotive India will be able to provide outstanding value to both new and current customers as a result of the purchase. By combining the ZF Group's technological expertise with the Rane Group's production capabilities, the purchase strengthens ZF Group India's position as a market leader in the country. ZF Rane Automotive India will be able to provide a comprehensive portfolio to additional clients around the area with the purchase of TSSW.

    Read the source

    Sources from the Automobile & Transportation Industry

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