openPR Logo
Press release

Automotive Steering Systems Market by Steering System (Manual, Electrically Powered, Electro-Hydraulic Powered, & Hydraulic Powered)

03-22-2017 06:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Automotive Steering Systems Market by Steering System (Manual,

Market Scenario
Steering is the connection point between car and driver. It provides control and the feel of the road and plays a key role in the vehicle’s personality and performance. Increasing demand for driving comfort & fuel efficient vehicle from the consumers are the primary driving factors of the Automotive steering system market. In addition, factors such as increasing vehicle production globally are also the driving factor for the Automotive steering system market. However high cost of system, restraint the automotive steering system market.
Thus the Automotive Steering Systems market is expected to register a CAGR of about 6%.

Market Segments
Global Automotive Steering Systems Market can be segmented as follows:
• Segmentation by Type: Paraxylene, Polyethylene, Acryonitrile, Ethylene glycol
• Segmentation by Application: Textile, Automobile, Petrochemicals, Plastic Industry
• Segmentation by End User : Fabrics, Plastic cards, Dixinfactants, Synthetic fibers

Request a Sample Report @

Study Objectives of Automotive Steering Systems Market
• To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Global Automotive Steering Systems Market
• To provide insights about factors affecting the market growth
• To Analyze the Global Automotive Steering Systems Market based on various factors such as supply chain analysis, and Porter’s five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by Vehicle Type, and by Steering System, by Components and by End market.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Automotive Steering Systems Market.

Browse Report Details @

Key Players
The leading players in the Automotive Steering Systems markets are-
• Mitsubishi Electric Corporation (Japan)
• TRW Automotive Holdings (U.S.)
• Sona Koyo Steering System Ltd. (India)
• JTEKT Corporation (Japan)
• Robert Bosch Automotive Steering Gmbh (Germany)
• Nexteer Automotive (U.S.)
• China Automotive System Inc. (China)
• Thyssenkrupp Presta AG Aktiengesellschaft (U.S.)

Intended Audience
• Automotive Steering Systems manufacturers
• Distributer & Supplier companies
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Company Information
• Profiling of key market players
• SWOT analysis, and strategy information of top five profile players in the report
• Competitive landscape including emerging trends adopted by major companies

Regional Analysis of Automotive Steering Systems Market

European region hold the largest market share in Automotive Steering Systems market, due to the rising production of technologically advanced vehicle. This region will witness slow growth in the forecast period. Asia-Pacific region will show the fastest growth in forecast period because increasing automotive manufacturing activities and increasing eco-friendly initiatives in this region will increase the Automotive steering system market.

The report covers brief analysis of country level market information –
North America
• U.S.
• Canada
• Mexico
South America
• Brazil
• Argentina
• Rest Of South America
• Germany
• U.K.
• France
• Italy
• Rest Of Europe
• China
• India
• Japan
• Rest of Asia Pacific
Middle East & Africa
• Saudi Arabia
• Qatar
• South Africa
• Rest Of Middle East & Africa

About Global Automotive Steering Systems Market of Market Research Future
The report for Global Automotive Steering Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Steering Systems Market by Steering System (Manual, Electrically Powered, Electro-Hydraulic Powered, & Hydraulic Powered) here

News-ID: 478783 • Views: 434

More Releases from Market Research Future

Adaptive Robot Market 2020 Analysis by Current Industry Status & Growth Opportun …
Global Adaptive Robot Market Research, By Application (Industrial Robot, Service Robot), By Technology (Navigation, Vision & Sensors, Speech Recognition), by End-User (Entertainment, Automotive, BFSI, Healthcare, Retail) — Forecast till 2023 Adaptive Robot Market - Key players Market Research Future has identified following key players in adaptive robot market- Fanuc (Japan), KUKA AG (Germany), Rethink Robotics (U.S), Siléane (France), iRobot Corporation (U.S), Robert Bosch GmbH (Germany), Yaskawa Motoman (U.S), Huawei Technologies Co. Ltd.
Impact of COVID-19 on Hybrid System in Automotive Market Advances as Top Players …
Market Scope Market Research Future (MRFR) expects the hybrid system in automotive market 2020 to expand to a size of USD 256 billion by 2023. MRFR also anticipates the global market to achieve a CAGR of 5.98% between 2017 and 2023 (assessment period). We will provide covid-19 impact analysis with the report. The COVID-19 impact on the market has been carefully studied, following which the report outlines the key developments post
BYOD security market 2020 Global Industry Analysis by Trends, Growth, Share, Siz …
Industry insight The global BYOD security market 2020 is estimated with a valuation of USD 69 Billion by the year 2023, according to the report found by Market Research Future. The report also states that the market is set to grow at a rate of ~37% during the assessment period. Top Market Players The foremost players in the global BYOD security market are listed as IBM, Hewlett Packard Enterprise, Symantec Corporation, Avaya Inc.,
COVID-19 Impact on Meat Substitues Market Global Demand, Leading Players Strateg …
Market Overview MRFR reports that the global Meat Substitutes Market will rise to nearly USD 9.25 Bn over the next five years. Increasing population and vegan consumers and high demand of plant-based products is supporting the growth of global meat substitutes market. Rising population of vegan consumers and increasing awareness about health benefits obtained from meat substitutes have prompted the growth of the product in the global market. Rising campaigns on

All 5 Releases

More Releases for Steering

Global Steering Wheel Market Growth 2019-2024
Steering wheel is a device in the vehicles to help drivers to control the steering of vehicles. Besides the steering function, steering wheel also can offer assistance functions, such as cruise control, audio system and telephone controls etc. This report mainly covers the applications in Passenger cars and Commercial Vehicles. Demand from the downstream brings a power to the development of steering wheel system industry. In recent years, growing China market became
Steering Column Cowls Market Insight by 2028
Steering column cowls are the key part of the steering columns which is intended for connecting the steering wheel to the steering mechanism. Steering column cowls possess various advantages which include passive safety systems, mass reduction, absorbs crash impact energy, insert mould for added strength, etc. There are 2 types of steering column cowls available in the market which include upper steering column cowls and lower steering column cowls. Introduction of
Steering Column Control Modules Market
Automobile design, operation, aesthetics and technology are continuously evolving and witnessing significant advancements. Previous designs and operations in automobiles included various switches for different purposes, which were simple in design but complex in operation. Especially, steering systems witnessed prominent advancements in past decade. Development of hybrid, electric and hydraulic steering are some of the examples. Integration of various operational switches for convenience in steering wheels and column is indeed a
Power Steering Pumps Sales Market Report 2017
Browse full table of contents and data tables at : In this report, the global Power Steering Pumps market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth
Steering Market Size, Share, Tends Report 2021
Steering Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2021 Market Research Report to It’s a Database. Download sample copy @ The steering market is projected to grow at a CAGR of 6.47% from 2016 to 2021, to reach a market size of USD 42.77 billion by 2021. The increasing demand for fuel-efficient vehicles and the growing demand
Automotive Steering Wheel Market Trends To 2024
India Automotive Steering Wheel Market: Overview The automotive steering wheel market in India is largely influenced by the dynamics of the automotive sector. The rapidly growing middle-class population along with the improving spending power of consumers is stoking the growth of the automotive industry. Furthermore, the growing investments by international players and government initiatives such as “Make in India” are promoting the development of the sector. These factors, in turn,