Press release
Automotive Steering Wheel Market - India Industry Analysis Size, Share, Growth, Trends, Opportunities and Forecast 2015 - 2023
ResearchMoz added Latest Research Report titled " Automotive Steering Wheel Market (Wheel Diameter - Small, Medium, Large; Technology - Normal Steering Wheel (With Airbag, Without Airbag), Controls Embedded Steering Wheel (With Airbag, Without Airbag); Material - Polyurethane, Leather, Wood; Application - Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), Farm vehicle) - India Industry Analysis Size, Share, Growth, Trends and Forecast 2015 - 2023 " to it's Large Report database.The Automotive Steering Wheel Market in India is anticipated to experience a stable growth during the forecast period 2015 to 2023. Steering wheel is the most important part of the steering system that is controlled by the driver to maneuver the vehicle efficiently. In order to provide detailed analysis, the automotive steering wheel market in India is segment by wheel diameter, technology, application and materials. Based on wheel diameter, the automotive steering wheel market in India is classified into small diameter steering wheel, medium diameter steering wheel and large diameter steering wheel. By technology, the automotive steering wheel market can be bifurcated into normal steering wheel and control embedded steering wheel. Both normal steering wheel and control embedded steering wheel can be further categorized into steering wheel with airbag and steering wheel without airbag.
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On the other hand, automotive steering wheel also finds its application across various vehicle type which includes passenger car, light commercial vehicle (LCV), heavy commercial vehicle (HCV) and farm vehicle. Moreover, by material, the automotive steering wheel market can be segment into polyurethane steering wheel, leather steering wheel and wooden steering wheel.
Rapid expansion of the automotive sector in India is the primary factor responsible for the robust growth of the automotive steering wheel market during the forecast period. Driven by increasing investment on automobiles coupled with raising disposable income of the middle class population, the automotive sector in India is predicted to experience a rapid growth during the forecast period. The exponential growth of the automotive sector in India, in turn is expected to drive the market growth of automotive steering wheel in the coming years. Moreover, initiatives such as National Electric Mobility Mission 2020, taken by the government to encourage production and adoption of hybrid and electric vehicle is also predicted to create a better opportunity for the automotive steering wheel market in the coming years.
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Table of Content
1. Preface
1.1. Report Description
1.2. Research Scope
1.3. Key Take
1.4. Research Methodology
2. Executive Summary
2.1. Automotive Steering Wheel Industry Market Snapshot
3. India Automotive Steering Wheel Industry Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.3. Competitive Strategies Adopted by Leading Players
3.4. Market Attractiveness Analysis for Automotive Steering Wheel Industry Market
4. India Automotive Steering Wheel Industry Market Revenue, By Wheel Diameter, 2014 – 2023 (INR Crore)
4.1. Overview
4.2. Small Diameter Steering Wheel
4.3. Medium Diameter Steering Wheel
4.4. Large Diameter Steering Wheel
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