1. Market Research
  2. > Automotive
  3. > Auto Parts Market Trends
Automotive Steering Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021

Automotive Steering Systems Industry: Forecasts to 2021

  • July 2015
  • 81 pages
  • ID: 3207049
In this report:
The report also provides company market share analysis of the various industry participants along with company overview, financial overview, business strategies and recent developments in the field of automotive lighting system market.
Due to the saturation in the markets of North America, and Europe, the automotive steering systems market is expected to witness a stable growth.

Summary

Table of Contents

This research study examines the automotive steering systems market on a overall level and offers measures in terms of income from 2015 to 2021. It gives a exhaustive overview of the automotive Steering Systems industry from all the crucial aspects of the market. It recognizes the drivers and market restraints affecting the market and examines their effect over the outlook period. Also, it identifies the meaningful opportunities for industry growth in the next years.

Steering systems in automobile is the direct contact of the driver with its vehicle. The function of steering systems is to maneuver the vehicle to avoid obstacles or take a turn. Steering Systems are of basically three types including Hydraulic Power Steering, Electronic Power Steering and Electro-Hydraulic Power Steering. Electronic Power Steering offers better mileage and is much easier to operate than hydraulic power steering. An Electro-Hydraulic Power Steering system combines the advantages of both EPS and HPS and offers the best maneuverability and fuel efficiency.

Growing fuel prices has led the consumers to go for more fuel effective vehicles, which in turn is fueling the industry demand for hydraulic power steering and electro-hydraulic power steering system over hydraulic power steering system. Safety features including Electronic Stability Control, Anti-Lock Braking System integrated with electronic steering systems is also fueling the sector demand for Electronic Power Steering and Electro-Hydraulic Power Steering system over Hydraulic Power Steering system.

The increase in the market demand for passenger vehicles in the developing nations including India, China (CN) and Japan (JP) among others has fuelled the growth of passenger vehicle segment in the globe. With the rise of passenger vehicles, the industry demand for steering systems manufacturers is also set to increase globally. Erratic fuel prices have led to shift in automobile OEM's preference from Hydraulic Power Steering fitted vehicles to Electronic Power Steering and Electro-Hydraulic Power Steering fitted vehicles which manages superior fuel efficiency.

EU holds the biggest market share in the automotive steering systems market succeeded by North America continent, Asia Pacific (APAC) and Rest of the globe. Due to the saturation in the markets of North America, and Europe (EU), the automotive steering systems market is forecast to witness a stable growth. In Asia Pacific the automotive steering systems market would be the maximum in the Asia Pacific region due to high sales of automobiles in the territory. Furthermore, growing production of automobiles in countries including China, Japan (JP), South Korea and India (IN) is another factor contributing to the demand for automotive steering systems in these areas.

This business report offers tactical analysis of the automotive steering systems market and the growth forecast for the period 2015 to 2021. The span of the report includes ambitious analysis of different market segments established on the vehicle types, steering systems types and in detail cross sectional analysis of the automotive steering systems market across diverse geographic segments. To maintain the tactical decision making, the industry report also comprises profiling of leading players in the sector, their market share and several strategy approved by them. The Analysis of market appeal is also included in the study to offer imminent market dynamics and market competition.

The analysis also offers company market share analysis of the different industry participants together with company overview, financial review, strategic management and recent evolutions in the field of automotive lighting system market. Main market participants decribed in this industry report contain TRW Automotive Holdings, Mitsubishi Electric Corporation, Hyundai Mobis Co. Ltd, Sona Koyo Steering Systems Ltd, Robert Bosch Automotive Steering GmbH, JTEKT Corporation, Nexteer Automotive, Thyssenkrupp Presta AG Aktiengesellschaft, China Automotive Systems Inc. and ZF Friedrichshafen Manufacturing Company.

?

The document breaks down the Automotive Steering Systems market as follows:

Overall Automotive Steering Systems Market: By Vehicle Type

Overall Automotive Steering Systems Market: By Steering Systems type

The market research offers cross-sectional analysis of all the above mentioned segments with respect to the below mentioned regions:

Overall Automotive Steering Systems Market: By Geography/ Country

North America (NA)

U.S.A

Canada (CA)

Mexico (MX)

Europe (EU)

Germany (DE)

U.K

Italy (IT)

France (FR)

Rest of europe (EU)

Asia-Pac

China (CN)

India (IN)

Japan (JP)

South Korea (KR)

Rest of Asia Pacific (APAC)

Rest of the globe

South America

Middle East

African continent

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Amrita helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Automotive Suspension System Market 2017-2021

Automotive Suspension System Sector: Worldwide Forecast until 2021

  • $ 3500
  • Industry report
  • December 2017
  • by Infiniti Research Limited

About Automotive Suspension SystemAn automotive suspension system is a combination of springs, shock absorbers, and linkages that enable the relative motion between the vehicle and wheels. Horsepower, ...

Autonomous Emergency Braking System Market by Key Technology, Vehicle Type, Operating Speed, Application, Level of Automation Driving, Component and Region - Global Forecast to 2025

Autonomous Emergency Braking System Market: Global Forecast until 2025

  • $ 5650
  • Industry report
  • September 2017
  • by MarketsandMarkets

“Government mandates in Europe and US and rising safety concerns are the major drivers for growth of autonomous emergency braking (AEB) system market”The global autonomous emergency braking (AEB) system ...

Global Automotive Active Suspension System Market 2017-2021

Automotive Active Suspension System Sector: Worldwide Forecast until 2021

  • $ 3500
  • Industry report
  • November 2017
  • by Infiniti Research Limited

About Automotive Active Suspension SystemThe active suspension system in an automotive is responsible for continuously adjusting the suspension settings as per the road conditions to provide a smooth and ...


ref:plp2015

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.