Press release
Segmentation of Automotive Collapsible Steering Column Market 2017 to 2021
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
The analysts forecast global automotive collapsible steering column market to grow at a CAGR of 2.45% during the period 2017-2021. Collapsible steering column consists of two hollow shafts with the smaller shaft placed inside the other. The two shafts are fitted into each other with the help of bearings and sealing. This design structure allows the steering column to collapse during a frontal impact and absorbs the energy of impact.
This report covers the present scenario and the growth prospects of the global automotive collapsible steering column market for 2017-2021. To calculate the market size, the report considers the new unit shipment of collapsible steering column for passenger cars and commercial vehicles.
Complete Report available at http://www.reportsnreports.com/reports/958250-global-automotive-collapsible-steering-column-market-2017-2021.html
Key vendors
• Bosch
• JTEKT Corporation
• Nexteer Automotive
• NSK
• Pailton Engineering
Other prominent vendors
• Coram Group
• Schaeffler
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Market driver
• Growing concern for controlling front collision is pushing demand for collapsible steering column
• For a full, detailed list, view our report
Market challenge
• Rising cost pressure on the automotive OEMs
• For a full, detailed list, view our report
Market trend
• Development of foldable steering wheel concept
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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