Saudi Arabia Automotive Steering System Market Report, 2033

Saudi Arabia Automotive Steering System Market Size, Share, Trends and Forecast by Type, Component, Vehicle Type, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A33394

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Saudi Arabia Automotive Steering System Market Overview:

The Saudi Arabia automotive steering system market size reached USD XX Million in 2024. Looking forward, IMARC Group expects the market to reach USD XX Million by 2033, exhibiting a growth rate (CAGR) of XX% during 2025-2033. The rising demand for fuel-efficient and electric vehicles, growing adoption of advanced driver-assistance systems (ADAS), and increasing vehicle production and sales, rapid urbanization. Moreover, government emphasizing on industrial diversification and the development of automotive sector, along with a shift toward innovative technologies that enhance driving safety, comfort, vehicle performance and overall driving experience are some of the key growth-inducing factors fueling the Saudi Arabia steering system market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD XX Million
Market Forecast in 2033	USD XX Million
Market Growth Rate 2025-2033	XX%

Saudi Arabia Automotive Steering System Market Trends:

Technological Advancements in Steering Systems

Saudi Arabia is undergoing a transition from traditional hydraulic systems to advanced technologies like Electric Power Steering (EPS) and Electro-Hydraulic Power Steering (EHPS). These systems enhance fuel efficiency, precision, and overall driving experience. EPS reduces engine load, improves maneuverability, and integrates seamlessly with modern vehicle technologies such as autonomous driving and ADAS. This shift is supported by the country’s growing investment in the automotive sector, especially as it diversifies its economy under Vision 2030, which is creating a positive impact on the market outlook. The manufacturers are also broadening their technological capabilities to meet the regional call for safer, smarter cars. This innovation race in steering technologies is driving the market's development and aligning Saudi Arabia with the world's automotive trends of automation and electrification.

Rising Demand for Fuel-Efficient and Electric Vehicles

The Saudi automotive market is seeing increased demand for fuel-efficient and electric vehicles, influenced by increasing environmental awareness and government initiatives to reduce dependence on oil. As a result, vehicles are being designed to maximize energy efficiency, and steering systems play a crucial role in this effort, which is fueling the market share. Electric Power Steering (EPS) is now preferred over hydraulic systems, as it reduces fuel consumption by operating only when steering assistance is needed. This trend is amplified by national goals for sustainability and diversification under Vision 2030. Consequently, the growing popularity of EVs and hybrid vehicles is accelerating the adoption of advanced, energy-efficient steering systems throughout the Saudi automotive market.

Integration with Advanced Driver Assistance Systems (ADAS)

The rising adoption of Advanced Driver Assistance Systems (ADAS) in Saudi Arabia is driving demand for responsive, electronically controlled steering systems, which is further propelling the Saudi Arabia automotive steering system market growth. Features such as lane centering, collision avoidance, and automated parking require steering systems with high precision and low latency. Electric Power Steering (EPS) is particularly well-suited for integration with ADAS, allowing for smoother control inputs from both the driver and the onboard systems. As ADAS adoption grows, driven by rising consumer expectations for comfort and safety, automakers are under pressure to ensure that their steering systems support these technologies. Saudi Arabia's push toward smarter, safer vehicles makes the ADAS-steering system integration a major growth driver, especially in premium and mid-range vehicle segments targeting urban and tech-savvy consumers.

Saudi Arabia Automotive Steering System Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type, component, and vehicle type.

Type Insights:

Electric Power Steering (EPS)
Hydraulic Power Steering (HPS)
Electro-Hydraulic Power Steering (EHPS)
Manual Steering

The report has provided a detailed breakup and analysis of the market based on the type. This includes electric power steering (EPS), hydraulic power steering (HPS), electro-hydraulic power steering (EHPS), and manual steering.

Component Insights:

Steering Column
Steering Wheel Speed Sensors
Electric Motors
Hydraulic Pumps
Others

A detailed breakup and analysis of the market based on the component have also been provided in the report. This includes steering column, steering wheel speed sensors, electric motors, hydraulic pumps, and others.

Vehicle Type Insights:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes passenger cars, light commercial vehicles, and heavy commercial vehicles.

Regional Insights:

Northern and Central Region
Western Region
Eastern Region
Southern Region

The report has also provided a comprehensive analysis of all the major regional markets, which include the Northern and Central region, Western region, Eastern region, and Southern region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Automotive Steering System Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Type Component Vehicle Type Region
Types Covered	Electric Power Steering (EPS), Hydraulic Power Steering (HPS), Electro-Hydraulic Power Steering (EHPS), Manual Steering
Components Covered	Steering Column, Steering Wheel Speed Sensors, Electric Motors, Hydraulic Pumps, Others
Vehicle Types Covered	Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
Regions Covered	Northern and Central Region, Western Region, Eastern Region, Southern Region
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Saudi Arabia automotive steering system market performed so far and how will it perform in the coming years?
What is the breakup of the Saudi Arabia automotive steering system market on the basis of type?
What is the breakup of the Saudi Arabia automotive steering system market on the basis of component?
What is the breakup of the Saudi Arabia automotive steering system market on the basis of vehicle type?
What is the breakup of the Saudi Arabia automotive steering system market on the basis of region?
What are the various stages in the value chain of the Saudi Arabia automotive steering system market?
What are the key driving factors and challenges in the Saudi Arabia automotive steering system market?
What is the structure of the Saudi Arabia automotive steering system market and who are the key players?
What is the degree of competition in the Saudi Arabia automotive steering system market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia automotive steering system market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia automotive steering system market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia automotive steering system industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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