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Car Steering Systems-Global Market Insights and Sales Trends 2024
Synopsis
The global Car Steering Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Car Steering Systems in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Car Steering Systems market. Mechanical Steering System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Power Steering System segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Car Steering Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Car Steering Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Car Steering Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Car Steering Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Car Steering Systems covered in this report include Bosch, TRW, Sona, Nexteer, ZF, Mitsubishi Electric, Mando, JTEKT and China Automotive, etc.
The global Car Steering Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
TRW
Sona
Nexteer
ZF
Mitsubishi Electric
Mando
JTEKT
China Automotive
Beijing Hainachuan
Global Car Steering Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Car Steering Systems market, Segment by Type:
Mechanical Steering System
Power Steering System
Global Car Steering Systems market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Car Steering Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Car Steering Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Car Steering Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Car Steering Systems in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Car Steering Systems market. Mechanical Steering System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Power Steering System segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Car Steering Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Car Steering Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Car Steering Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Car Steering Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Car Steering Systems covered in this report include Bosch, TRW, Sona, Nexteer, ZF, Mitsubishi Electric, Mando, JTEKT and China Automotive, etc.
The global Car Steering Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
TRW
Sona
Nexteer
ZF
Mitsubishi Electric
Mando
JTEKT
China Automotive
Beijing Hainachuan
Global Car Steering Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Car Steering Systems market, Segment by Type:
Mechanical Steering System
Power Steering System
Global Car Steering Systems market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Car Steering Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Car Steering Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Car Steering Systems Market Overview
1.1 Car Steering Systems Product Overview
1.2 Car Steering Systems Market Segment by Type
1.2.1 Mechanical Steering System
1.2.2 Power Steering System
1.3 Global Car Steering Systems Market Size by Type
1.3.1 Global Car Steering Systems Market Size Overview by Type (2018-2029)
1.3.2 Global Car Steering Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global Car Steering Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Car Steering Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe Car Steering Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Car Steering Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Car Steering Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Car Steering Systems Sales Breakdown by Type (2018-2023)
2 Global Car Steering Systems Market Competition by Company
2.1 Global Top Players by Car Steering Systems Sales (2018-2023)
2.2 Global Top Players by Car Steering Systems Revenue (2018-2023)
2.3 Global Top Players by Car Steering Systems Price (2018-2023)
2.4 Global Top Manufacturers Car Steering Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 Car Steering Systems Market Competitive Situation and Trends
2.5.1 Car Steering Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Car Steering Systems Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Car Steering Systems as of 2022)
2.7 Date of Key Manufacturers Enter into Car Steering Systems Market
2.8 Key Manufacturers Car Steering Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Car Steering Systems Status and Outlook by Region
3.1 Global Car Steering Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Car Steering Systems Historic Market Size by Region
3.2.1 Global Car Steering Systems Sales in Volume by Region (2018-2023)
3.2.2 Global Car Steering Systems Sales in Value by Region (2018-2023)
3.2.3 Global Car Steering Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Car Steering Systems Forecasted Market Size by Region
3.3.1 Global Car Steering Systems Sales in Volume by Region (2024-2029)
3.3.2 Global Car Steering Systems Sales in Value by Region (2024-2029)
3.3.3 Global Car Steering Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Car Steering Systems by Application
4.1 Car Steering Systems Market Segment by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicle
4.2 Global Car Steering Systems Market Size by Application
4.2.1 Global Car Steering Systems Market Size Overview by Application (2018-2029)
4.2.2 Global Car Steering Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global Car Steering Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Car Steering Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe Car Steering Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Car Steering Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Car Steering Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Car Steering Systems Sales Breakdown by Application (2018-2023)
5 North America Car Steering Systems by Country
5.1 North America Car Steering Systems Historic Market Size by Country
5.1.1 North America Car Steering Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Car Steering Systems Sales in Volume by Country (2018-2023)
5.1.3 North America Car Steering Systems Sales in Value by Country (2018-2023)
5.2 North America Car Steering Systems Forecasted Market Size by Country
5.2.1 North America Car Steering Systems Sales in Volume by Country (2024-2029)
5.2.2 North America Car Steering Systems Sales in Value by Country (2024-2029)
6 Europe Car Steering Systems by Country
6.1 Europe Car Steering Systems Historic Market Size by Country
6.1.1 Europe Car Steering Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Car Steering Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe Car Steering Systems Sales in Value by Country (2018-2023)
6.2 Europe Car Steering Systems Forecasted Market Size by Country
6.2.1 Europe Car Steering Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe Car Steering Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific Car Steering Systems by Region
7.1 Asia-Pacific Car Steering Systems Historic Market Size by Region
7.1.1 Asia-Pacific Car Steering Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Car Steering Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Car Steering Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Car Steering Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific Car Steering Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Car Steering Systems Sales in Value by Region (2024-2029)
8 Latin America Car Steering Systems by Country
8.1 Latin America Car Steering Systems Historic Market Size by Country
8.1.1 Latin America Car Steering Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Car Steering Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America Car Steering Systems Sales in Value by Country (2018-2023)
8.2 Latin America Car Steering Systems Forecasted Market Size by Country
8.2.1 Latin America Car Steering Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America Car Steering Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa Car Steering Systems by Country
9.1 Middle East and Africa Car Steering Systems Historic Market Size by Country
9.1.1 Middle East and Africa Car Steering Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Car Steering Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Car Steering Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Car Steering Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa Car Steering Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Car Steering Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bosch
10.1.1 Bosch Company Information
10.1.2 Bosch Introduction and Business Overview
10.1.3 Bosch Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bosch Car Steering Systems Products Offered
10.1.5 Bosch Recent Development
10.2 TRW
10.2.1 TRW Company Information
10.2.2 TRW Introduction and Business Overview
10.2.3 TRW Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 TRW Car Steering Systems Products Offered
10.2.5 TRW Recent Development
10.3 Sona
10.3.1 Sona Company Information
10.3.2 Sona Introduction and Business Overview
10.3.3 Sona Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sona Car Steering Systems Products Offered
10.3.5 Sona Recent Development
10.4 Nexteer
10.4.1 Nexteer Company Information
10.4.2 Nexteer Introduction and Business Overview
10.4.3 Nexteer Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Nexteer Car Steering Systems Products Offered
10.4.5 Nexteer Recent Development
10.5 ZF
10.5.1 ZF Company Information
10.5.2 ZF Introduction and Business Overview
10.5.3 ZF Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ZF Car Steering Systems Products Offered
10.5.5 ZF Recent Development
10.6 Mitsubishi Electric
10.6.1 Mitsubishi Electric Company Information
10.6.2 Mitsubishi Electric Introduction and Business Overview
10.6.3 Mitsubishi Electric Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsubishi Electric Car Steering Systems Products Offered
10.6.5 Mitsubishi Electric Recent Development
10.7 Mando
10.7.1 Mando Company Information
10.7.2 Mando Introduction and Business Overview
10.7.3 Mando Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mando Car Steering Systems Products Offered
10.7.5 Mando Recent Development
10.8 JTEKT
10.8.1 JTEKT Company Information
10.8.2 JTEKT Introduction and Business Overview
10.8.3 JTEKT Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.8.4 JTEKT Car Steering Systems Products Offered
10.8.5 JTEKT Recent Development
10.9 China Automotive
10.9.1 China Automotive Company Information
10.9.2 China Automotive Introduction and Business Overview
10.9.3 China Automotive Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.9.4 China Automotive Car Steering Systems Products Offered
10.9.5 China Automotive Recent Development
10.10 Beijing Hainachuan
10.10.1 Beijing Hainachuan Company Information
10.10.2 Beijing Hainachuan Introduction and Business Overview
10.10.3 Beijing Hainachuan Car Steering Systems Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Beijing Hainachuan Car Steering Systems Products Offered
10.10.5 Beijing Hainachuan Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Car Steering Systems Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Car Steering Systems Industrial Chain Analysis
11.4 Car Steering Systems Market Dynamics
11.4.1 Car Steering Systems Industry Trends
11.4.2 Car Steering Systems Market Drivers
11.4.3 Car Steering Systems Market Challenges
11.4.4 Car Steering Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Car Steering Systems Distributors
12.3 Car Steering Systems Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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