Press release
Steering Knuckle Market to Reach USD 97 Bn by 2029, emerging at a CAGR of 6.2 percent and forecast 2023-2029
Steering Knuckle Market
The report provides a comprehensive analysis of the global Steering Knuckle Market, estimating its value from 2022 to 2029, with 2021 as the base year. It examines factors driving and hindering market growth, offering a detailed segmental analysis based on product type and application. Regional assessments provide insight into the market's potential.
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Steering Knuckle Market Research Methodology:
The report employs a bottom-up approach to determine market size, with primary research conducted to validate gathered facts. Secondary research sources include press releases, annual reports, government websites, and market research reports.
What are Steering Knuckle Market Dynamics:
Governments all over the world have passed stringent car emissions and fuel economy regulations. Fleet-level standards have been adopted by regulatory authorities such as the National Highway Traffic and Safety Administration in the United States and the International Council on Clean Transportation in Europe. Automobile manufacturers must adhere to the average emission cap specified by these criteria. These restrictions have prompted automakers to increase their investments in fuel-efficient steering technologies such as electronic power steering.
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Steering Knuckle Market Regional Insights:
Europe: Europe dominated the Steering Knuckle market in 2021, holding a market share of approximately 45%. The region is expected to maintain its dominance due to the presence of major manufacturers, technological advancements, and robust automotive manufacturing.
North America: The North American regional market is expected to grow at a CAGR of 6.0% during the forecast period. Despite political turmoil and trade challenges, the United States' automotive equipment manufacturing business remains strong.
What is Steering Knuckle Market Segmentation:
by Vehicle Type
1. Passenger Cars
2. Commercial Vehicles
3. Off-road Vehicles
4. Others
by Manufacturing Method
1. Casting
2. Forging
by Material Type
1.Steel
2. Aluminum
3. Composites
by Sales Channel
1. OEM
2. Aftermarket
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Who are Steering Knuckle Market Key Players:
1. Teksid S.p.A. (Italy)
2. Farinia SA (USA)
3. TeraFlex Suspensions (USA)
4. Happy Forgings Limited (India)
5. Busche Performance Group (USA)
6. Jikasu Engineering Corp (India)
7. MAG IAS GmbH (Germany)
8. p.A
9. ATTC Manufacturing, Inc. (USA)
10. Sakthi Auto Component Limited (SACL) (India)
11. NINGBO SAP STEERING SYSTEM CO.LTD (China)
12. Beinbauer Group (Germany)
13. Bharat Forge (India)
14. Mevotech LP
15. MOOG Parts
16. MZW Motors
17. Professional Parts Sweden
18. ACDelco Corporation
19. Crown Automotive Sales Co., Ltd.
20. Dorman Products
Table of content for the Steering Knuckle Market includes:
Steering Knuckle Market : Research Methodology
Steering Knuckle Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Steering Knuckle Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA 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
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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