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Steering Robot Market - European Region Contributes Majority of Growth Because of Its World’s Largest Passenger Car Fleet : Trends and Analysis 2025
This study researches the market size of Steering Robot in United States, European Union and China, presents the Steering Robot production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
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The global steering robot market is closely related to the global automotive testing equipment market. As the players in the global automotive industry are increasingly investing in automotive R&D, there has been an increase in the adoption of equipment and systems to assess vehicle dynamics with minimal human intervention. The steering robot market is highly concentrated. The vendors in the market are competing effectively based on factors such as the technology, research and developmental activities, brand, and labor.
The growing focus on the importance of vehicular safety regulations is estimated to be one of the primary growth drivers for the global steering robot market till 2023. The European commission is emphasizing on consumer testing by introducing a revision of general safety regulation 661/2009. This in turn, is driving the employment of differential steering robots.
The European region contributes majority of growth toward the steering robot market because Europe has the world’s largest passenger car fleet. The region is experiencing growth in the automotive segment and fast-growing sport utility vehicles (SUV). The market will continue to grow in the region throughout the predicted period due to the rising availability of driver assistance system (ADAS), lane departure warning system (LDWS), and automatic emergency braking system (AEBS) in both passenger and commercial vehicles.
In 2018, the market size of Steering Robot is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Steering Robot.
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In United States, European Union and China market, the following companies are covered:
Stahle
AB Dynamics
VEHICO
Shanghai Cotech Automotive Engineering Corp
RMS Dynamic Test Systems
Dynamic Research
Anger Associates
...
Market Segment by Product Type
Sideslip Tests
Autonomous Driving
Rollover Testing
Others
Market Segment by Application
Car
Bus
Truck
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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The study objectives are:
To analyze and research the Steering Robot status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Steering Robot manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Steering Robot are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
QYResearch, established in 2007, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base &seminar services. The company owns large basic databases (such as National Bureau of Statistics Database, Customs Import and Export Database, Industry Association Database, etc.), expert resources (including industry experts who own more than 10 years experiences on marketing or R&D in industries of energy, automotive, chemicals, medical ICT consumer goods, etc.), professional survey team (the team members obtained more than 3 years market survey experience and more than 2 years deep expert interview experience), and excellent data analysis team (SPSS statistics and PPT graphics process team).
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