Automotive Steering System Market by Steering System Type (Hydraulic Power Steering, Electronic Power Steering, and Electro-Hydraulic Power Steering System) and Vehicle Type (Heavy Commercial Vehicle, Light Commercial Vehicle and, Passenger Vehicle) - Global Opportunity Analysis and Industry Forecasts, 2014-2022
- ALL1296609
- 100 Pages
- June 2017
- Automotive and Transportation
Automotive steering system helps the driver maneuver and control the direction of the vehicle. It includes the hand-operated steering wheel, steering column, universal joints, and rack & pinion mechanism. The steering system has evolved from manual steering to power assist steering. Moreover, effective steering system increases the fuel efficiency of vehicle.
Surge in demand for fuel efficient automobiles and the rise in disposable income of consumers primarily drives the market. In addition, technology such as drive-by-wire is expected to be implemented in future vehicles, indicating lucrative growth opportunity. However, the high cost associated with power steering system could hamper the market growth.
The market is segmented by various types of automotive steering system namely as hydraulic power steering, electronic power steering, and electro-hydraulic power steering system. Moreover, on the basis of vehicle type, the market is segmented as heavy commercial vehicle, light commercial vehicle, and passenger vehicle. Geographically, the market is divided into North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report are JTEKT Corporation, Nexteer Automotive, Mando Corporation, ThyssenKrupp Presta AG, Robert Bosch Automotive Steering GmbH, Showa Corporation, NSK Ltd, ZF Friedrichshafen AG, Sona Koyo Steering Systems Ltd, and Hyundai Mobis Co. Ltd.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging market trends in this market
- It offers quantitative analysis, which assists in identifying the prevailing market opportunities
- Comprehensive analysis of factors that drive and restrict the market growth are provided in the report
- Competitive intelligence of leading players of automotive steering system helps understand the competitive scenario across geographies
KEY MARKET SEGMENTS:
BY STEERING SYSTEM TYPE
- Hydraulic Power Steering
- Electronic Power Steering
- Electro-Hydraulic Power Steering System
BY VEHICLE TYPE
- Heavy Commercial Vehicle
- Light Commercial Vehicle
- Passenger Vehicle
BY GEOGRAPHY
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
CHAPTER 1 INTRODUCTION
1.1 Report Description
1.2 Key Benefits for Stakeholders
1.3 Key Market Segments:
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market Snapshot
2.2 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key Findings
3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porters five forces analysis
3.3.1 Low bargaining power of suppliers due to large number of suppliers and low switching cost
3.3.2 Moderate bargaining power of buyer due to large number of buyers and huge purchase quantity
3.3.3 Low threat of substitutes due to non-availability of substitutes
3.3.4 Low threat of new entrants due to high entry barrier
3.3.5 High competition among rivalries due to large number of competitors & high exit barrier
3.4 Market share analysis, 2015
3.5 Drivers
3.5.1 Increasing demand of automotive
3.5.2 Adoption of power steering system
3.5.3 Increase in demand of fuel efficient vehicle
3.5.4 Consumer preference towards driving comfort
3.6 Restraints
3.6.1 High cost associated with power steering system
3.7 Opportunities
3.7.1 Introduction of Drive-by-wire
CHAPTER 4 GLOBAL AUTOMOTIVE STEERING SYTSTEM MARKET, BY TYPE
4.1 Introduction
4.2 Electronic Power Steering
4.2.1 Key Market Trends
4.2.2 Key Growth Factors and Opportunities
4.2.3 Market Size and Forecast
4.2.4 North America Automotive Steering System Market for Electronic Power Steering, ($Million), Growth (%) 2014-2022
4.2.5 Europe Automotive Steering System Market for Electronic Power Steering, ($Million), Growth (%) 2014-2022
4.2.6 Asia-Pacific Automotive Steering System Market for Electronic Power Steering, ($Million), Growth (%) 2014-2022
4.2.7 LAMEA Automotive Steering System Market for Electronic Power Steering, ($Million), Growth (%) 2014-2022
4.3 Hydraulic Power Steering
4.3.1 Key Market Trends
4.3.2 Key Growth Factors and Opportunities
4.3.3 Market Size and Forecast
4.3.4 North America Automotive Steering System Market for Hydraulic Power Steering, ($Million), Growth (%) 2014-2022
4.3.5 Europe Automotive Steering System Market for Hydraulic Power Steering, ($Million), Growth (%) 2014-2022
4.3.6 Asia-Pacific Automotive Steering System Market for Hydraulic Power Steering, ($Million), Growth (%) 2014-2022
4.3.7 LAMEA Automotive Steering System Market for Hydraulic Power Steering, ($Million), Growth (%) 2014-2022
4.4 Electro-Hydraulic Power Steering
4.4.1 Key Market Trends
4.4.2 Key Growth Factors and Opportunities
4.4.3 Market Size and Forecast
4.4.4 North America Automotive Steering System Market for Electro-Hydraulic Power Steering, ($Million), Growth (%) 2014-2022
4.4.5 Europe Automotive Steering System Market for Electro-Hydraulic Power Steering, ($Million), Growth (%) 2014-2022
4.4.6 Asia-Pacific Automotive Steering System Market for Electro-Hydraulic Power Steering, ($Million), Growth (%) 2014-2022
4.4.7 LAMEA Automotive Steering System Market for Electro-Hydraulic Power Steering, ($Million), Growth (%) 2014-2022
CHAPTER 5 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET, BY VEHICLE TYPE
5.1 Introduction
5.2 Heavy Commercial Vehicle
5.2.1 Key Market Trends
5.2.2 Key Growth Factors and Opportunities
5.2.3 Market Size and Forecast
5.2.4 North America Automotive Steering System Market for Heavy Commercial Vehicle, ($Million), Growth (%) 2014-2022
5.2.5 Europe Automotive Steering System Market for Heavy Commercial Vehicle, ($Million), Growth (%) 2014-2022
5.2.6 Asia-Pacific Automotive Steering System Market for Heavy Commercial Vehicle, ($Million), Growth (%) 2014-2022
5.2.7 LAMEA Automotive Steering System Market for Heavy Commercial Vehicle, ($Million), Growth (%) 2014-2022
5.3 Light Commercial Vehicle
5.3.1 Key Market Trends
5.3.2 Key Growth Factors and Opportunities
5.3.3 Market Size and Forecast
5.3.4 North America Automotive Steering System Market for Light Commercial Vehicle, ($Million), Growth (%) 2014-2022
5.3.5 Europe Automotive Steering System Market for Light Commercial Vehicle, ($Million), Growth (%) 2014-2022
5.3.6 Asia-Pacific Automotive Steering System Market for Light Commercial Vehicle, ($Million), Growth (%) 2014-2022
5.3.7 LAMEA Automotive Steering System Market for Light Commercial Vehicle, ($Million), Growth (%) 2014-2022
5.4 Passenger Vehicles
5.4.1 Key Market Trends
5.4.2 Key Growth Factors and Opportunities
5.4.3 Market Size and Forecast
5.4.4 North America Automotive Steering System market for Passenger Vehicles, ($Million), Growth (%) 2014-2022
5.4.5 Europe Automotive Steering System market for Passenger Vehicles, ($Million), Growth (%) 2014-2022
5.4.6 Asia-Pacific Automotive Steering System market for Passenger Vehicles, ($Million), Growth (%) 2014-2022
5.4.7 LAMEA Automotive Steering System market for Passenger Vehicles, ($Million), Growth (%) 2014-2022
CHAPTER 6 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET, BY GEOGRAPHY
6.1 Introduction
6.2 North America
6.2.1 Key Market Trends
6.2.2 Key Growth Factors and Opportunities
6.2.3 Market Size and Forecast
6.2.4 U.S. Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.2.5 Canada Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.2.6 Mexico Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.3 Europe
6.3.1 Key Market Trends
6.3.2 Key Growth Factors and Opportunities
6.3.3 Market Size and Forecast
6.3.4 Germany Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.3.5 UK Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.3.6 Italy Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.3.7 France Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.3.8 Rest of Europe Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.4 Asia-Pacific
6.4.1 Key Market Trends
6.4.2 Key Growth Factors and Opportunities
6.4.3 Market Size and Forecast
6.4.4 China Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.4.5 India Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.4.6 South Korea Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.4.7 Japan Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.4.8 Rest of Asia-Pacific Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.5 LAMEA
6.5.1 Key Market Trends
6.5.2 Key Growth Factors and Opportunities
6.5.3 Market Size and Forecast
6.5.4 Latin America Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.5.5 Middle East Automotive Steering System Market, ($Million), Growth (%) 2014-2022
6.5.6 Africa Automotive Steering System Market, ($Million), Growth (%) 2014-2022
List of Figures
FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP WINNING STRATEGIES, 2014-2016
FIG. 3 TOP WINNING STRATEGIES (%), 2014-2016
FIG. 4 TOP INVESTMENT POCKETS
FIG. 5 PORTERS FIVE FORCES ANALYSIS
FIG. 6 MARKET SHARE ANALYSIS OF GLOBAL AUTOMOTIVE STEERING SYETEM MARKET, TOP PLAYERS, 2015
FIG. 7 GLOBAL NUMBER OF PASSENGER VEHICLES SOLD (MILLION UNITS), 1990-2016
FIG. 8 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET REVENUE, BY TYPE (%), 2015
FIG. 9 AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRONIC POWER STEERING, GROWTH (%) 2015-2022
FIG. 10 AUTOMOTIVE STEERING SYSTEM MARKET FOR HYDRAULIC POWER STEERING, GROWTH (%) 2015-2022
FIG. 11AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRO-HYDRAULIC POWER STEERING, GROWTH (%) 2015-2022
FIG. 12 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET REVENUE, BY VEHICLE TYPE (%), 2015
FIG. 13 AUTOMOTIVE STEERING SYSTEM MARKET FOR HEAVY COMMERCIAL VEHICLE, GROWTH (%) 2015-2022
FIG. 14 AUTOMOTIVE STEERING SYSTEM MARKET FOR LIGHT COMMERCIAL VEHICLE, GROWTH (%) 2015-2022
FIG. 15 AUTOMOTIVE STEERING SYSTEM MARKET FOR LIGHT PASSENGER VEHICLE, GROWTH (%) 2015-2022
FIG. 16 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET REVENUE, BY GEOGRAPHY (%), 2015
FIG. 17 NORTH AMERICA AUTOMOTIVE STEERING SYSTEM MARKET GROWTH (%) 2015-2022
FIG. 18 EUROPE AUTOMOTIVE STEERING SYSTEM MARKET GROWTH (%) 2015-2022
FIG. 19 ASIA-PACIFIC AUTOMOTIVE STEERING SYSTEM MARKET GROWTH (%) 2015-2022
FIG. 20 LAMEA AUTOMOTIVE STEERING SYSTEM MARKET GROWTH (%) 2015-2022
List of Tables
TABLE 1 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRONIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 2 NORTH AMERICA AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRONIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 3 EUROPE AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRONIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 4 ASIA-PACIFIC AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRONIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 5 LAMEA AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRONIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 6 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET FOR HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 7 NORTH AMERICA AUTOMOTIVE STEERING SYSTEM MARKET FOR HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 8 EUROPE AUTOMOTIVE STEERING SYSTEM MARKET FOR HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 9 ASIA-PACIFIC AUTOMOTIVE STEERING SYSTEM MARKET FOR HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 10 LAMEA AUTOMOTIVE STEERING SYSTEM MARKET FOR HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 11 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRO-HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 12 NORTH AMERICA AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRO-HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 13 EUROPE AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRO-HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 14 ASIA-PACIFIC AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRO-HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 15 LAMEA AUTOMOTIVE STEERING SYSTEM MARKET FOR ELECTRO-HYDRAULIC POWER STEERING, ($MILLION), GROWTH (%) 2014-2022
TABLE 16 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET FOR HEAVY COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 17 NORTH AMERICA AUTOMOTIVE STEERING SYSTEM MARKET FOR HEAVY COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 18 EUROPE AUTOMOTIVE STEERING SYSTEM MARKET FOR HEAVY COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 19 ASIA-PACIFIC AUTOMOTIVE STEERING SYSTEM MARKET FOR HEAVY COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 20 LAMEA AUTOMOTIVE STEERING SYSTEM MARKET FOR HEAVY COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 21 GLOBAL AUTOMOTIVE STEERING SYSTEM FOR LIGHT COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 22 NORTH AMERICA AUTOMOTIVE STEERING SYSTEM MARKET FOR LIGHT COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 23 EUROPE AUTOMOTIVE STEERING SYSTEM MARKET FOR LIGHT COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 24 ASIA-PACIFIC AUTOMOTIVE STEERING SYSTEM MARKET FOR LIGHT COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 25 LAMEA AUTOMOTIVE STEERING SYSTEM MARKET FOR LIGHT COMMERCIAL VEHICLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 26 GLOBAL AUTOMOTIVE STEERING SYSTEM MARKET FOR PASSENGER VEHICLES, ($MILLION), GROWTH (%) 2014-2022
TABLE 27 NORTH AMERICA AUTOMOTIVE STEERING SYSTEM MARKET FOR PASSENGER VEHICLES, ($MILLION), GROWTH (%) 2014-2022
TABLE 28 EUROPE AUTOMOTIVE STEERING SYSTEM MARKET FOR PASSENGER VEHICLES, ($MILLION), GROWTH (%) 2014-2022
TABLE 29 ASIA-PACIFIC AUTOMOTIVE STEERING SYSTEM MARKET FOR PASSENGER VEHICLES, ($MILLION), GROWTH (%) 2014-2022
TABLE 30 LAMEA AUTOMOTIVE STEERING SYSTEM MARKET FOR PASSENGER VEHICLES, ($MILLION), GROWTH (%) 2014-2022
TABLE 31 NORTH AMERICA AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 32 U.S. AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 33 CANADA AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 34 MEXICO AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 35 EUROPE AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 36 GERMANY AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 37 UK AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 38 ITALY AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 39 FRANCE AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 40 REST OF EUROPE AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 41 ASIA-PACIFIC AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 42 CHINA AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 43 INDIA AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 44 SOUTH KOREA AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 45 JAPAN AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 46 REST OF ASIA-PACIFIC AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 47 LAMEA AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 48 LATIN AMERICA AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 49 MIDDLE EAST AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 50 AFRICA AUTOMOTIVE STEERING SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
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