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Steering-Global Market Insights and Sales Trends 2024
Synopsis
Steering is the collection of components, linkages, etc. which allows any vehicle (car, motorcycle, bicycle) to follow the desired course.
The global Steering 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 Steering in various end use industries. The expanding demands from the Passenger cars, Light Commercial Vehicle and Heavy Commercial Vehicle,, are propelling Steering market. Electro-Hydraulic Power Steering (EHPS), 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 Hydraulic Power Steering (HPS) segment is estimated at % CAGR for the next seven-year period.
The most conventional steering arrangement is to turn the front wheels using a hand-operated steering wheel which is positioned in front of the driver, via the steering column, which may contain universal joints (which may also be part of the collapsible steering column design), to allow it to deviate somewhat from a straight line. Other arrangements are sometimes found on different types of vehicles, for example, a tiller or rear-wheel steering.
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 Steering, 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 Steering 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 Steering market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Steering 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 Steering covered in this report include Jtekt, Robert Bosch Automotive Steering, ZF TRW Automotive Holdings, NSK, Nexteer Automotive, Mando, Thyssenkrupp, Hyundai Mobis and Showa, etc.
The global Steering market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Jtekt
Robert Bosch Automotive Steering
ZF TRW Automotive Holdings
NSK
Nexteer Automotive
Mando
Thyssenkrupp
Hyundai Mobis
Showa
China Automotive Systems
Global Steering 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 Steering market, Segment by Type:
Electro-Hydraulic Power Steering (EHPS)
Hydraulic Power Steering (HPS)
Manual
Global Steering market, by Application
Passenger cars
Light Commercial Vehicle
Heavy 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 Steering manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Steering 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.
Steering is the collection of components, linkages, etc. which allows any vehicle (car, motorcycle, bicycle) to follow the desired course.
The global Steering 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 Steering in various end use industries. The expanding demands from the Passenger cars, Light Commercial Vehicle and Heavy Commercial Vehicle,, are propelling Steering market. Electro-Hydraulic Power Steering (EHPS), 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 Hydraulic Power Steering (HPS) segment is estimated at % CAGR for the next seven-year period.
The most conventional steering arrangement is to turn the front wheels using a hand-operated steering wheel which is positioned in front of the driver, via the steering column, which may contain universal joints (which may also be part of the collapsible steering column design), to allow it to deviate somewhat from a straight line. Other arrangements are sometimes found on different types of vehicles, for example, a tiller or rear-wheel steering.
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 Steering, 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 Steering 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 Steering market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Steering 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 Steering covered in this report include Jtekt, Robert Bosch Automotive Steering, ZF TRW Automotive Holdings, NSK, Nexteer Automotive, Mando, Thyssenkrupp, Hyundai Mobis and Showa, etc.
The global Steering market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Jtekt
Robert Bosch Automotive Steering
ZF TRW Automotive Holdings
NSK
Nexteer Automotive
Mando
Thyssenkrupp
Hyundai Mobis
Showa
China Automotive Systems
Global Steering 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 Steering market, Segment by Type:
Electro-Hydraulic Power Steering (EHPS)
Hydraulic Power Steering (HPS)
Manual
Global Steering market, by Application
Passenger cars
Light Commercial Vehicle
Heavy 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 Steering manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Steering 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 Steering Market Overview
1.1 Steering Product Overview
1.2 Steering Market Segment by Type
1.2.1 Electro-Hydraulic Power Steering (EHPS)
1.2.2 Hydraulic Power Steering (HPS)
1.2.3 Manual
1.3 Global Steering Market Size by Type
1.3.1 Global Steering Market Size Overview by Type (2018-2029)
1.3.2 Global Steering Historic Market Size Review by Type (2018-2023)
1.3.3 Global Steering Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Steering Sales Breakdown by Type (2018-2023)
1.4.2 Europe Steering Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Steering Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Steering Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Steering Sales Breakdown by Type (2018-2023)
2 Global Steering Market Competition by Company
2.1 Global Top Players by Steering Sales (2018-2023)
2.2 Global Top Players by Steering Revenue (2018-2023)
2.3 Global Top Players by Steering Price (2018-2023)
2.4 Global Top Manufacturers Steering Manufacturing Base Distribution, Sales Area, Product Type
2.5 Steering Market Competitive Situation and Trends
2.5.1 Steering Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Steering 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 Steering as of 2022)
2.7 Date of Key Manufacturers Enter into Steering Market
2.8 Key Manufacturers Steering Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Steering Status and Outlook by Region
3.1 Global Steering Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Steering Historic Market Size by Region
3.2.1 Global Steering Sales in Volume by Region (2018-2023)
3.2.2 Global Steering Sales in Value by Region (2018-2023)
3.2.3 Global Steering Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Steering Forecasted Market Size by Region
3.3.1 Global Steering Sales in Volume by Region (2024-2029)
3.3.2 Global Steering Sales in Value by Region (2024-2029)
3.3.3 Global Steering Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Steering by Application
4.1 Steering Market Segment by Application
4.1.1 Passenger cars
4.1.2 Light Commercial Vehicle
4.1.3 Heavy Commercial Vehicle
4.2 Global Steering Market Size by Application
4.2.1 Global Steering Market Size Overview by Application (2018-2029)
4.2.2 Global Steering Historic Market Size Review by Application (2018-2023)
4.2.3 Global Steering Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Steering Sales Breakdown by Application (2018-2023)
4.3.2 Europe Steering Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Steering Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Steering Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Steering Sales Breakdown by Application (2018-2023)
5 North America Steering by Country
5.1 North America Steering Historic Market Size by Country
5.1.1 North America Steering Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Steering Sales in Volume by Country (2018-2023)
5.1.3 North America Steering Sales in Value by Country (2018-2023)
5.2 North America Steering Forecasted Market Size by Country
5.2.1 North America Steering Sales in Volume by Country (2024-2029)
5.2.2 North America Steering Sales in Value by Country (2024-2029)
6 Europe Steering by Country
6.1 Europe Steering Historic Market Size by Country
6.1.1 Europe Steering Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Steering Sales in Volume by Country (2018-2023)
6.1.3 Europe Steering Sales in Value by Country (2018-2023)
6.2 Europe Steering Forecasted Market Size by Country
6.2.1 Europe Steering Sales in Volume by Country (2024-2029)
6.2.2 Europe Steering Sales in Value by Country (2024-2029)
7 Asia-Pacific Steering by Region
7.1 Asia-Pacific Steering Historic Market Size by Region
7.1.1 Asia-Pacific Steering Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Steering Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Steering Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Steering Forecasted Market Size by Region
7.2.1 Asia-Pacific Steering Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Steering Sales in Value by Region (2024-2029)
8 Latin America Steering by Country
8.1 Latin America Steering Historic Market Size by Country
8.1.1 Latin America Steering Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Steering Sales in Volume by Country (2018-2023)
8.1.3 Latin America Steering Sales in Value by Country (2018-2023)
8.2 Latin America Steering Forecasted Market Size by Country
8.2.1 Latin America Steering Sales in Volume by Country (2024-2029)
8.2.2 Latin America Steering Sales in Value by Country (2024-2029)
9 Middle East and Africa Steering by Country
9.1 Middle East and Africa Steering Historic Market Size by Country
9.1.1 Middle East and Africa Steering Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Steering Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Steering Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Steering Forecasted Market Size by Country
9.2.1 Middle East and Africa Steering Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Steering Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Jtekt
10.1.1 Jtekt Company Information
10.1.2 Jtekt Introduction and Business Overview
10.1.3 Jtekt Steering Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Jtekt Steering Products Offered
10.1.5 Jtekt Recent Development
10.2 Robert Bosch Automotive Steering
10.2.1 Robert Bosch Automotive Steering Company Information
10.2.2 Robert Bosch Automotive Steering Introduction and Business Overview
10.2.3 Robert Bosch Automotive Steering Steering Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Robert Bosch Automotive Steering Steering Products Offered
10.2.5 Robert Bosch Automotive Steering Recent Development
10.3 ZF TRW Automotive Holdings
10.3.1 ZF TRW Automotive Holdings Company Information
10.3.2 ZF TRW Automotive Holdings Introduction and Business Overview
10.3.3 ZF TRW Automotive Holdings Steering Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ZF TRW Automotive Holdings Steering Products Offered
10.3.5 ZF TRW Automotive Holdings Recent Development
10.4 NSK
10.4.1 NSK Company Information
10.4.2 NSK Introduction and Business Overview
10.4.3 NSK Steering Sales, Revenue and Gross Margin (2018-2023)
10.4.4 NSK Steering Products Offered
10.4.5 NSK Recent Development
10.5 Nexteer Automotive
10.5.1 Nexteer Automotive Company Information
10.5.2 Nexteer Automotive Introduction and Business Overview
10.5.3 Nexteer Automotive Steering Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Nexteer Automotive Steering Products Offered
10.5.5 Nexteer Automotive Recent Development
10.6 Mando
10.6.1 Mando Company Information
10.6.2 Mando Introduction and Business Overview
10.6.3 Mando Steering Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mando Steering Products Offered
10.6.5 Mando Recent Development
10.7 Thyssenkrupp
10.7.1 Thyssenkrupp Company Information
10.7.2 Thyssenkrupp Introduction and Business Overview
10.7.3 Thyssenkrupp Steering Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Thyssenkrupp Steering Products Offered
10.7.5 Thyssenkrupp Recent Development
10.8 Hyundai Mobis
10.8.1 Hyundai Mobis Company Information
10.8.2 Hyundai Mobis Introduction and Business Overview
10.8.3 Hyundai Mobis Steering Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hyundai Mobis Steering Products Offered
10.8.5 Hyundai Mobis Recent Development
10.9 Showa
10.9.1 Showa Company Information
10.9.2 Showa Introduction and Business Overview
10.9.3 Showa Steering Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Showa Steering Products Offered
10.9.5 Showa Recent Development
10.10 China Automotive Systems
10.10.1 China Automotive Systems Company Information
10.10.2 China Automotive Systems Introduction and Business Overview
10.10.3 China Automotive Systems Steering Sales, Revenue and Gross Margin (2018-2023)
10.10.4 China Automotive Systems Steering Products Offered
10.10.5 China Automotive Systems Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Steering 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 Steering Industrial Chain Analysis
11.4 Steering Market Dynamics
11.4.1 Steering Industry Trends
11.4.2 Steering Market Drivers
11.4.3 Steering Market Challenges
11.4.4 Steering Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Steering Distributors
12.3 Steering 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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