Automotive Steering Systems Industry Overview
Global Automotive Steering Systems Industry 2021 by Manufacturers, Regions, Type and Application, Forecast to 2029, published by Maximize Industry Research, is the culmination of thorough primary and secondary research. The report provides a detailed analysis of regional insights into the Automotive Steering Systems Industry, and its changing trends, industry environment, and all of the Industry-leading key players. The research approach was used to investigate the global Automotive Steering Systems Industry, and the results were logically presented in the report.
Automotive Steering Systems Industry Scope
MMR’s research is a detailed analysis of the Automotive Steering Systems Industry and identifies all of the top major companies in the global Industry based on variables such as volume, value, Industry share, strategies, and growth in the industry. The research also includes tactics for both existing industry participants and those looking to enter the Industry i.e. new Industry entrants. The summarization is predicted to aid and boost the Industry standing. The report includes Industry revenue by region and country. Various Industry segments are included in the region by type and end users.
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Segmentation :
Based on Vehicle Type, the automotive steering system market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger car category is expected to dominate the automotive steering system market during the forecast period, thanks to the rising sales and production in Asia Pacific emerging nations. The increasing use of electric power steering systems in passenger vehicles is also expected to boost growth in this section of the automotive steering system market. The automotive steering system market is also expected to grow in the light commercial vehicle segment. Hydraulic power steering systems are commonly seen in light commercial vehicles. Furthermore, rising need for logistical operations for trade activities is expected to fuel the automotive steering systems market growth in this segment. The heavy commercial vehicle segment is expected to grow gradually in the market in the near future, thanks to lower commercial vehicle sales and manufacturing volume when compared to passenger automobiles.
by Component
● Hydraulic Pump
● Steering Column
● Electric Motor
● Steering Wheel Speed Sensor
by Technology
● Electric power steering (EPS)
● Electrically assisted hydraulic power steering (EHPS)
● Hydraulic power steering (HPS)
by EPS Type
● Column-EPS (C-EPS)
● Pinion-EPS (P-EPS)
● Rack-EPS (R-EPS)
by Pinion-Type
● Single
● Dual
by Mechanism
● Collapsible EPS
● Rigid EPS
by Vehicle Type
● Passenger Car (PC)
● Light Commercial Vehicle (LCV)
● Heavy Commercial Vehicle (HCV)
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Key Players
● China Automotive Systems, Inc.
● Nexteer Automotive
● Hitachi Automotive Systems Americas, Inc.
● Hyundai Mobis
● JTEKT Corporation
● The Mando Corporation
● NSK Ltd.
● Robert Bosch GmbH
● Showa Corporation
● ThyssenKrupp AG
● Magna International
● Mitsubishi Electric Corporation
● Denso Corporation
Regional Analysis
The report provides the global Automotive Steering Systems Industry’s growth pattern in detail. The report on the Automotive Steering Systems Industry demonstrates the most significant regions, which include 5 regions, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, have global influence. Consumption quantities, manufacturing sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and value chain analysis are some of the major and important indicators used during the forecast of Automotive Steering Systems Industry for each country.
Key Questions answered in the Automotive Steering Systems Industry Report are:
- What is Automotive Steering Systems Industry?
- What is the forecast period of the Industry?
- What is the competitive scenario of the Industry?
- Which region held the largest Industry share in the Industry?
- What are the opportunities for the Industry?
- What are the restraining factors in the Industry?
- Who are the key players of the Industry?
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Key offerings:
- Industry Share, Size, and Forecast by Revenue|2022-2029
- Industry Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Industry Segmentation: A detailed analysis by Automotive Steering Systems
- Landscape- Leading key players and other prominent key players.
Maximize Industry Research is a multifaceted Industry research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide Industry-verified industry estimations, technical trend analysis, crucial Industry research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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