07-11-2018 09:30 PM CET - Industry, Real Estate & Construction
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Automotive Steering Equipment Market 2018: Overview, Opportunities, In-Depth Analysis Overview, Regional Outlook, Industry Analysis, Growth Impact and Demand Forecast to 2023 with Top Key Players Like Bosch, JTEKY, Mando, Nexteer, TRW, Thyssen Krupp

Press release from: Research N Reports
Automotive Steering Equipment market Research Report
Automotive Steering Equipment market Research Report


The integration of driver assistance systems in vehicles and the development of the steer-by-wire steering system will aid in the growth of this market. Since the Automotive Steering Equipment market is an integral part of the global automobile market, an increase in the global sale of automobiles will foster growth in the steering systems market during the estimated period. Automotive Steering Equipment have undergone a paradigm shift from rigid and arduous manual to more sophisticated, easy-to-use and reliable assisted systems. Steering systems are used in passenger cars, LCVs, and HCVs. Contemporary steering systems use several assistance systems to enhance directional stability and agility of a vehicle.

The Global Automotive Steering Equipment market report is a comprehensive overview of the market covering various aspects such as product definition, various parameter-based segmentation, distribution channels, supply chain analysis, and common vendor environments. Through proven research methods, we collect thorough information that identifies the source. Automotive Steering Equipment Information about the market can be accessed in a logical format in a smart format. There are graphs and tables in place to help readers get a better view of the global Automotive Steering Equipment market.

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Companies Profiled in this Report includes: Bosch, JTEKY, Mando, Nexteer, TRW, Thyssen Krupp

In this market study, analysts have estimated the OEM segment to be the largest market segment during the predicted period. This segment currently accounts for a market share of approximately 77% and is envisaged to retain its dominating hold over the market by 2023 owing to structural changes in terms of electrification of automotive mechanisms, emission regulations, connectivity, and safety. Additionally, factors such as growing investments in the R&D of steer-by-wire technologies will result in the growth of this market segment during the predicted period.

The research methodology used in the report involves various primary and secondary sources. Secondary sources include automotive and component-manufacturing associations such as Automotive Component Manufacturers Association of India and Japan Automobile Manufacturers Association and paid databases such as Factiva and Bloomberg. Experts from related industries and suppliers have been interviewed to understand the trends prevailing in the steering market. The bottom-up approach has been used to estimate the market size, in terms of volume.

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Based on geographical areas, the world Automotive Steering Equipment markets are broadly divided into Latin America, Europe, the Middle East and Africa and Asia Pacific. The world market is still in exploration in most areas, but it has the promising potential to grow steadily over the next few years. The major players investing in this market are in Canada, the United Kingdom, the United States, India, China and some Asia Pacific countries. As a result, Asia Pacific, North America and Western Europe are expected to account for more than half of the total market share over the next few years.

At the end of the report, a manufacturer is announced who is responsible for increasing sales in the Automotive Steering Equipment market. These manufacturers have been analyzed in terms of manufacturing base, basic information and competitors. In addition, the technology and product types introduced by each manufacturer are also an important part of this section of the report.

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Table of Content:

Global Automotive Steering Equipment Market Research Report

Chapter 1 Automotive Steering Equipment Market Overview

Chapter 2 Global Economic Impact

Chapter 3 Competition by Manufacturer

Chapter 4 Production, Revenue (Value) by Region

Chapter 5 Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Production, Revenue (Value), Price Trend by Type

Chapter 7 Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Market Forecast

Chapter 13 Appendix

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