Japan Automotive Steering Knuckle Market Size, Share, and COVID-19 Impact Analysis, By Material (Cast iron, Steel, Aluminium, and Others), By Manufacturing Process (Casting, Forging, Machining, and Others), By Vehicle (Passenger cars, Commercial vehicles, and Off-road vehicles), By Sales Channel (OEM and Aftermarket), and Japan Automotive Steering Knuckle Market Insights, Industry Trend, Forecasts to 2035

 Japan Automotive Steering Knuckle Market Insights Forecasts to 2035

• The Japan Automotive Steering Knuckle Market Size is Expected to Grow at a CAGR of 4.8%   from 2025 to 2035
• The Japan Automotive Steering Knuckle Market Size is Expected to Hold a Significant Share by 2035

According to a research report published by Spherical Insights & Consulting, the Japan automotive steering knuckle market is expected to hold a significant share by 2035, at a CAGR of 4.8% during the forecast period 2025-2035. The Japan automotive steering knuckle market is growing due to the rising vehicle manufacturing, stringent safety norms, and growing demands for light and robust suspension parts. More generally, the future of electric vehicles (EVs) and autonomous driving is leading the demand and innovation for specialised steering knuckles.

Market Overview

The Japan automotive steering knuckle market refers to the part of the automotive component business that is involved in the production, distribution, and research of steering knuckles to be applied in vehicles. A steering knuckle is an important part of the suspension and steering system in the vehicle. It joins the wheel hub and suspension and facilitates pivoting motion, permitting the wheels to rotate along with the steering input. It is in high growth in Japan, driven by enhanced vehicle technology and increasing demand for light, strong components. The rise in electric vehicle (EV) production calls for the development of lightweight steering knuckles to improve battery efficiency and performance. Additionally, the growing focus on vehicle performance and safety regulations demands the use of quality steering knuckles. The Japanese automobile industry is renowned for its innovation and quality, and leading producers create high-tech steering knuckles that meet stringent standards of performance and safety. The shift towards autonomous and electric vehicles presents possibilities for developing dedicated steering knuckles to accommodate sophisticated driver-assistance systems and satisfy one-of-a-kind torque needs. In addition, the utilization of 3D printing technologies makes the manufacture of cheap, light, and intricate steering knuckle structures possible. The Japanese government supports the automobile sector with sustainability and technology policies, thereby establishing a sustainable market environment in the process.

Report Coverage

This research report categorizes the market for the Japan automotive steering knuckle market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan automotive steering knuckle market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan automotive steering knuckle market.

Driving Factors

The Japan automotive steering knuckle market is primarily driven by the growing demand for lightweight, high-performance components in electric and hybrid vehicles, aiming to improve energy efficiency and reduce emissions. Technological advancements in materials, such as aluminium and magnesium alloys, support these goals while maintaining strength and safety. Furthermore, the growing adoption of autonomous and advanced driver-assistance systems (ADAS) is increasing the need for precision-engineered steering knuckles. Japan’s strong automotive manufacturing base and continuous innovation also play key roles in sustaining market growth and competitiveness.

Restraining Factors

The Japan automotive steering knuckle market faces restraints from high manufacturing costs of advanced materials, limited adoption of lightweight components in low-cost vehicles, and complex design requirements for integration with emerging technologies like ADAS and autonomous systems.

Market Segmentation

The Japan automotive steering knuckle market share is classified into material, manufacturing process, vehicle, and sales channel.  

• The cast iron segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan automotive steering knuckle market is segmented by material into cast iron, steel, aluminium, and others. Among these, the cast iron segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Cast iron is attributed to the use of cast iron steering knuckles is still widespread due to its low purchasing cost and high replication efficiency, especially under extreme stress. Owing to the strength is widespread high usage in heavy vehicles and commercial vehicles such as trucks for performance purposes.

• The forging segment dominated the market in 2024 and is expected to grow at a substantial CAGR during the forecast period.

The Japan automotive steering knuckle market is segmented by manufacturing process into casting, forging, machining, and others. Among these, the forging segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. This is due to the temperature concentrations being kept constant, the forging process delivers more hardness and endurance to the product than any other approach. The process route design of the steering knuckle forging process is reasonable, easy, and feasible, greatly improving production efficiency, and at the same time, also focuses on steering knuckle surface quality.

• The passenger cars segment held the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

The Japan automotive steering knuckle market is segmented by vehicle into passenger cars, commercial vehicles, and off-road vehicles. Among these, the passenger cars segment held the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. This is due to more passengers wanting vehicles with minimal environmental impact alongside being economical, auto manufacturers are making steering knuckles with substantially lower weight permutations. This is especially applicable to EVs since the automotive parts being produced must be lightweight to help achieve better range and battery life.

• The OEM segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan automotive steering knuckle market is segmented by sales channel into OEM and aftermarket. Among these, the OEM segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. OEMs play a significant role by providing high-quality parts that are designed specifically for new vehicle models, ensuring safety and performance standards set by vehicle manufacturers.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan automotive steering knuckle market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hitachi Automotive Systems Limited
• JTEKT Corporation
• Nissan Motor Corporation
• Tungaloy Corporation
• Akashi Kikai Industries Co., Ltd.
• Mitsubishi Electric Corporation
• NSK Ltd
• Suzuki Motor Corporation
• Joyson Safety Systems
• Honda Motor Co., Ltd.
• Others

Recent Developments:

• In November 2024, Nissan announced that its Cantabria plant to produce the steering knuckle and rear knuckle for the new Nissan Kicks, produced in Mexico for the US market. This project will raise the capacity of the plant by 526,000 pieces per year, or more than 5,700 tons of a new iron variety.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan automotive steering knuckle market based on the below-mentioned segments:

Japan Automotive Steering Knuckle Market, By Material

• Cast iron
• Steel
• Aluminium
• Others

Japan Automotive Steering Knuckle Market, By Manufacturing Process

• Casting
• Forging
• Machining
• Others

Japan Automotive Steering Knuckle Market, By Vehicle

• Passenger cars
• Commercial vehicles
• Off-road vehicles

Japan Automotive Steering Knuckle Market, By Sales Channel

• OEM
• Aftermarket