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Automotive Steering Systems Market is expected to grow at a CAGR of 4.7% during the forecast period, Latest Advancements and Regional Insights
Automotive Steering Systems Market
Automotive Steering Systems Market Report Scope and Research Methodology
The report provides a complete analysis of the global Automotive Steering Systems Market. It forecasts revenue growth at global, regional and country levels with a detailed analysis of the latest trends in each of the segments from 2022 to 2029. It offers a qualitative and quantitative analysis of the Automotive Steering Systems Market. The report also provides a comprehensive review of key market drivers, restraints, opportunities, challenges and market trends. Additionally report consists of an analysis of the value chain, PESTLE Analysis, Porter's Five Forces model, competitive landscape, Key players benchmarking, market dynamics, market forecasts in terms of value & future trends in the Automotive Steering Systems Market.
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Automotive Steering Systems Market Dynamics
The factor that is expected to drive the market growth during the forecast period is the development of self-driving vehicles which is encouraging the usage of EPS (Electronic Power Steering) in automobiles. In the world, the integration of EPS and ADAS is the trending in Automotive Steering Systems Market. It is further expected to drive the market growth during the forecast period.
Automotive Steering Systems Market Regional Insights
In 2021, the Automotive Steering Systems Market in the Europe region dominated the global market by holding the largest market share. The automotive sector in the region is important for the region's growth. One of the largest automotive markets in the region is Germany. In the region, the growing automobile production is majorly driving the Automotive Steering Systems Market growth.
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Automotive Steering Systems Market Segmentation
By Component
Hydraulic Pump
Steering Column
Electric Motor
Steering Wheel Speed Sensor
By Technology
Electric power steering (EPS)
Electrically assisted hydraulic power steering (EHPS)
Hydraulic power steering (HPS)
By EPS Type
Column-EPS (C-EPS)
Pinion-EPS (P-EPS)
Rack-EPS (R-EPS)
By Pinion-Type
Single
Dual
By Mechanism
Collapsible EPS
Rigid EPS
By Vehicle Type
Passenger Car (PC)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
Automotive Steering Systems Market Key Competitors include:
China Automotive Systems, Inc.
Nexteer Automotive
Hitachi Automotive Systems Americas, Inc.
Hyundai Mobis
JTEKT Corporation
The Mando Corporation
NSK Ltd.
Robert Bosch GmbH
Showa Corporation
ThyssenKrupp AG
Magna International
Mitsubishi Electric Corporation
Denso Corporation
Sona Corporation
Knorr-Bremse AG
ZF Friedrichshafen AG
Rollax GmbH & Co. KG
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Table of Content for Automotive Steering Systems Market:
Global Automotive Steering Systems Market: Research Methodology
Global Automotive Steering Systems Market: Executive Summary
Market Overview and Definitions
Introduction to Global Automotive Steering Systems Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Automotive Steering Systems Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Automotive Steering Systems Market Segmentation
Global Automotive Steering Systems Market, by Component (2021-2029)
Global Automotive Steering Systems Market, by Technology (2021-2029)
Global Automotive Steering Systems Market, by EPS Type (2021-2029)
Global Automotive Steering Systems Market, by Pinion-Type (2021-2029)
Global Automotive Steering Systems Market, by Mechanism (2021-2029)
Global Automotive Steering Systems Market, by Vehicle Type (2021-2029)
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Regional Automotive Steering Systems Market (2021-2029)
Regional Automotive Steering Systems Market, by Component (2021-2029)
Regional Automotive Steering Systems Market, by Technology (2021-2029)
Regional Automotive Steering Systems Market, by EPS Type (2021-2029)
Regional Automotive Steering Systems Market, by Pinion-Type (2021-2029)
Regional Automotive Steering Systems Market, by Mechanism (2021-2029)
Regional Automotive Steering Systems Market, by Vehicle Type (2021-2029)
Regional Automotive Steering Systems Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Market Share, Size & Forecast by Revenue | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Component, Technology, EPS Type, Pinion-Type, Mechanism, Vehicle Type and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
Maximize Market Research is leading research firm, has also published the following reports:
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Electric Power Steering Market: Global Industry Analysis and Forecast (2021-2029) Trends, Statistics, Dynamics, Segment Analysis-Know More: https://www.maximizemarketresearch.com/market-report/global-electric-power-steering-market/1535/
Autonomous / Self-Driving Cars Market: Global Industry Analysis and Forecast (2021-2029) Trends, Statistics, Dynamics, Segment Analysis-Know More: https://www.maximizemarketresearch.com/market-report/autonomous-self-driving-cars-market/161327/
All Wheel Drive Market: Global Industry Analysis and Forecast (2022-2029) Trends, Statistics, Dynamics, Segment Analysis-Know More: https://www.maximizemarketresearch.com/market-report/all-wheel-drive-market/160957/
Automotive Drivetrain Market: Industry Analysis and Size, Share, Growth Opportunity, Forecast to (2021 to 2029)Know More: https://www.maximizemarketresearch.com/market-report/automotive-drivetrain-market/147838/
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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