Automotive Steering Gearbox Market: A Complete Qualitative and Quantitative Assessment by Analyzing Data Gathered from WMR Analysts | Bosch, ZF Friedrichshafen, Nexteer Automotive, Knorr-Bremse, ThyssenKrupp.

Increasing popularity of dual pinion steering system to drive the market growth. Growing demand for high torque capacity steering systems has pushed automotive steering system manufacturers into developing the dual pinion steering system. This type of steering system is equipped with two pinions. Analysts have predicted that the automotive steering gearbox market will register a CAGR of over 9% by 2023.

The worldwide market for Automotive Steering Gearbox is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2019

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Market Segment by Manufacturers, this report covers: Bosch, ZF Friedrichshafen, Nexteer Automotive, Knorr-Bremse, ThyssenKrupp.

Market Segment by Type:
Electric Power Steering Gearbox
Hydraulic Power Steering Gearbox

Market Segment by Applications:
Passenger Vehicles
Commercial Vehicles

Market Overview

Increasing demand for automobiles:
Automotive steering gears are default components in all vehicles. They are used by both internal combustion engine vehicles and electric vehicles and there are no substitutes available. Hence, growing automobile production globally is beneficial for the global automotive steering gearbox market.

Increasing cost of raw materials:
The growing need for improving fuel efficiency is pushing automotive manufacturers to reduce vehicle weight without compromising on performance. Most vendors are replacing components by aluminum as its lightweight and its performance is superior. However, rising prices of this metal is adding pressure on automotive components manufacturers.

For the detailed list of factors that will drive and challenge the growth of the automotive steering gearbox market during the 2019-2023, view this report.

Competitive Landscape:
The market appears to be fragmented and with the presence of several companies including Bosch and Knorr-Bremse, the competitive environment is quite intense. Factors such as the rising demand for automobiles and the expansion of aircraft manufacturing facilities, will provide considerable growth opportunities to automotive steering gearbox manufactures. Bosch, Knorr-Bremse, Nexteer Automotive, thyssenkrupp, and ZF Friedrichshafen are some of the major companies covered in this report.

Automotive Steering Gearbox Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).

The report firstly introduced the Automotive Steering Gearbox basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The report includes six parts, dealing with:
1.) Basic Information;
2.) Asia Automotive Steering Gearbox Market;
3.) North American Automotive Steering Gearbox Market;
4.) European Automotive Steering Gearbox Market;
5.) Market Entry and Investment Feasibility;
6.) Report Conclusion.

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Table of Contents
Chapter One Automotive Steering Gearbox Industry Overview
Chapter Two Automotive Steering Gearbox Up and Down Stream Industry Analysis
Chapter Three Asia Automotive Steering Gearbox Market Analysis
Chapter Four 2014-2019 Asia Automotive Steering Gearbox Productions Supply Sales Demand Market Status and Forecast
Chapter Five Asia Automotive Steering Gearbox Key Manufacturers Analysis
Chapter Six Asia Automotive Steering Gearbox Industry Development Trend
Chapter Seven North American Automotive Steering Gearbox Market Analysis
Chapter Eight 2014-2019 North American Automotive Steering Gearbox Productions Supply Sales Demand Market Status and Forecast
Chapter Nine North American Automotive Steering Gearbox Key Manufacturers Analysis
Chapter Ten North American Automotive Steering Gearbox Industry Development Trend

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