Steering Column Control Module Market Size, Share, Growth Analysis, By System Type(Hydraulic steering, electric powered hydraulic steering, electric power steering, Others), By Vehicle Type(Passenger Cars, Commercial Vehicle), By Steering types(Power steering and manual steering), By Region - Industry Forecast 2024-2031

Steering Columillion Control Module Market size was valued at USD 16.49 billion in 2019 and is poised to grow from USD 17.73 billion in 2023 to USD 33.99 billion by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).

A steering column is a shaft that connects a vehicle's steering wheel to the steering mechanism. The connection between the steering wheel and steering column is made by steering column control modules. It controls the complete steering system and is placed at the top of the steering column.

The steering column control modules' right and left sides contain the functional switches known as the stalk lever switches. It connects the systems (such as the airbags, Bluetooth, horns, and Bluetooth hands-free calling buttons) as well as the stalk lever switches and controls that are positioned on the steering wheel. With no mechanical connection, a steering control unit offers a totally fluid interface between the pump and steering cylinder. The device consists of a feedback meter element and a manually operated directional control servo valve in a single body.

The main network for all the systems around the steering column is a steering column control module that is positioned on the steering column but situated below the steering wheel.

US Steering Column Control Module Market  is poised to grow at a sustainable CAGR for the next forecast year.