Press release
Impact of Key Factors on the Growth of Global Steering Wheel Safety System Market During 2017 - 2025
Steering wheel is a combination of different components which includes various moving parts and fixed parts such as, steering handle, steering rim and grips. There are many different types of steering wheels such as, crab steering wheel, passive steering wheel, rear wheel steering wheel, articulated steering wheel, steer-by-wire steering wheel and watercraft steering wheel. Steering wheel safety system is very necessary for protection against any damage. Steering wheel safety system consists protection on the decorative parts, rim, on switches, spokes, heating and on frame. Steering wheel safety system provides safety by many different ways such as, collapsible steering column, airbags, and by crumple zone.
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Steering Wheel Safety System Market: Dynamics
The major driving factor of steering wheel safety system is automotive industry. In the automotive industry steering wheel safety system is necessarily used in the cars, buses trucks and other heavy commercial vehicles. Another major driving factor is construction and mining industry, in the construction industry this steering wheel safety system is used in the heavy rollers and bulldozers. In mining industry, this system is used in the heavy cranes and load lifters.
There are some restraining factors of steering wheel safety system are such as, difficulty in turning the wheel, steering wheel vibration, steering wheel slips while driving, looseness of safety system, grinding noise and screeching noise. There are some opportunities of steering wheel safety system such as, illumination technology can be used for driver air bag module and for supporting the environment, and bio-based alternative materials can be used for making of steering wheel safety system, this will reduce the greenhouse gases and weight also. There are some latest trends in the steering wheel safety system such as, vibrating steering wheel safety system is trending nowadays and hands on/off steering wheel is also beneficial for the safety purposes.
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Steering Wheel Safety System Market: Key Players
Autoliv Inc.
Takata Corp.
TRW Automotive Inc.
Toyoda Gosei
Fiat
General Motors
Emdet Engineers Pvt.Ltd.
Continental AG
Key Safety Inc.
TIW Safety
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