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Automotive and Transportation

Global Steering Wheel Armature Market Size study, By Material Type (Magnesium or Magnesium Alloy, Steel or Steel Alloy, Aluminium or Aluminium Alloy, Carbon Fiber), Number of Spokes (One Spoke, Two Spokes, Three Spokes, Four Spokes, Six Spokes), Vehicle Type (Passenger Cars, Compact Cars, Mid-Size, SUV, Luxury, Light Commercial Vehicles (LCV), Heavy Commercial Vehicle (HCV), Trucks & Trailers, Buses & Coaches), Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket), and Regional Forecasts 2022-2028

  • BIZ4982792
  • 200 Pages
  • May 2022
  • Automotive and Transportation
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Global Steering Wheel Armature Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Steering Wheel Armature refers to a component of automotive vehicle that provides the structural foundation for different steering wheel mountings like airbags, and vehicle controls among others. Steering wheel are largely made with Magnesium alloy and Aluminum alloy. For instance. Growing automotive Sector and rising concern for safety and comfort while driving, as well as growing advancements in vehicle designs are key drivers for growth of Steering Wheel Armature Market. For instance, as per Statista – In 2021, the global automotive manufacturing market was valued at USD 2.7 trillion. It is forecasted to grow to USD 2.8 trillion by end 2022. Furthermore, as per International Energy Agency - In 2020, global electric car sales were estimated at 3 million units, which increased to 6.6 million units in 2021. Also, growing vehicle ownership in emerging economies & rising technological innovations in automotive Sector are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost associated with Steering Wheel Armature impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Steering Wheel Armature Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to growing advancements of automobiles and presence of leading market players. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of the automotive sector and increasing disposable income in the region, would create lucrative growth prospects for the Steering Wheel Armature Market across the North American region.

Major market players included in this report are:

Getac Technology Corporation

Tianjin Liuhe Magnesium Product Co., Ltd.

Lunt Manufacturing

Nihon Plast Co., Ltd.

GSK InTek Co., Ltd.

Ros Industrie Srl

MZW Motor, STARION CO., LTD

Summit Steering Wheel Co., Ltd.

Magpulse Technologies Pvt. Ltd.

Shanghai Fangle Auto Parts Co. Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material Type:

Magnesium Or Magnesium Alloy Steering Wheel Armature

Steel Or Steel Alloy Steering Wheel Armature

Aluminium Or Aluminium Alloy Steering Wheel Armature

Carbon Fiber Steering Wheel Armature

By Number of Spokes:

Steering Wheel Armature With One Spoke

Steering Wheel Armature With Two Spokes

Steering Wheel Armature With Three Spokes

Steering Wheel Armature With Four Spokes

Steering Wheel Armature With Six Spokes

By Vehicle Type:

Passenger Cars

Compact Cars

Mid-Size

SUV

Luxury

Light Commercial Vehicles (LCV)

Heavy Commercial Vehicle (HCV)

Trucks & Trailers

Buses & Coaches

By Sales Channel:

Original Equipment Manufacturer (OEM)

Aftermarket

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Steering Wheel Armature Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Steering Wheel Armature Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Steering Wheel Armature Market, by Material Type, 2020-2028 (USD Million)

1.2.3. Global Steering Wheel Armature Market, by Number of Spokes, 2020-2028 (USD Million)

1.2.4. Global Steering Wheel Armature Market, by Vehicle Type, 2020-2028 (USD Million)

1.2.5. Global Steering Wheel Armature Market, by Sales Channel, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Steering Wheel Armature Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Steering Wheel Armature Market Dynamics

3.1. Steering Wheel Armature Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growing automotive sector.

3.1.1.2. Rising concern for safety and comfort while driving

3.1.1.3. Increasing advancements in vehicle designs.

3.1.2. Market Challenges

3.1.2.1. High cost associated with Steering Wheel Armature.

3.1.3. Market Opportunities

3.1.3.1. Increasing vehicle ownership in emerging economies.

3.1.3.2. Growing technological innovations in automotive Sector.

Chapter 4. Global Steering Wheel Armature Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Steering Wheel Armature Market, by Material Type

6.1. Market Snapshot

6.2. Global Steering Wheel Armature Market by Material Type, Performance - Potential Analysis

6.3. Global Steering Wheel Armature Market Estimates & Forecasts by Material Type 2018-2028 (USD Million)

6.4. Steering Wheel Armature Market, Sub Segment Analysis

6.4.1. Magnesium Or Magnesium Alloy Steering Wheel Armature

6.4.2. Steel Or Steel Alloy Steering Wheel Armature

6.4.3. Aluminium Or Aluminium Alloy Steering Wheel Armature

6.4.4. Carbon Fiber Steering Wheel Armature

Chapter 7. Global Steering Wheel Armature Market, by Number of Spokes

7.1. Market Snapshot

7.2. Global Steering Wheel Armature Market by Number of Spokes, Performance - Potential Analysis

7.3. Global Steering Wheel Armature Market Estimates & Forecasts by Number of Spokes 2018-2028 (USD Million)

7.4. Steering Wheel Armature Market, Sub Segment Analysis

7.4.1. Steering Wheel Armature with One Spoke

7.4.2. Steering Wheel Armature with Two Spokes

7.4.3. Steering Wheel Armature with Three Spokes

7.4.4. Steering Wheel Armature with Four Spokes

7.4.5. Steering Wheel Armature with Six Spokes

Chapter 8. Global Steering Wheel Armature Market, by Vehicle Type

8.1. Market Snapshot

8.2. Global Steering Wheel Armature Market by Vehicle Type, Performance - Potential Analysis

8.3. Global Steering Wheel Armature Market Estimates & Forecasts by Vehicle Type 2018-2028 (USD Million)

8.4. Steering Wheel Armature Market, Sub Segment Analysis

8.4.1. Passenger Cars

8.4.2. Compact Cars

8.4.3. Mid-Size

8.4.4. SUV

8.4.5. Luxury

8.4.6. Light Commercial Vehicles (LCV)

8.4.7. Heavy Commercial Vehicle (HCV)

8.4.8. Trucks & Trailers

8.4.9. Buses & Coaches

Chapter 9. Global Steering Wheel Armature Market, by Sales Channel

9.1. Market Snapshot

9.2. Global Steering Wheel Armature Market by Sales Channel, Performance - Potential Analysis

9.3. Global Steering Wheel Armature Market Estimates & Forecasts by Sales Channel 2018-2028 (USD Million)

9.4. Steering Wheel Armature Market, Sub Segment Analysis

9.4.1. Original Equipment Manufacturer

9.4.2. AfterMarket

Chapter 10. Global Steering Wheel Armature Market, Regional Analysis

10.1. Steering Wheel Armature Market, Regional Market Snapshot

10.2. North America Steering Wheel Armature Market

10.2.1. U.S. Steering Wheel Armature Market

10.2.1.1. Material Type estimates & forecasts, 2018-2028

10.2.1.2. Number of Spokes estimates & forecasts, 2018-2028

10.2.1.3. Vehicle Type estimates & forecasts, 2018-2028

10.2.1.4. Sales Channel estimates & forecasts, 2018-2028

10.2.2. Canada Steering Wheel Armature Market

10.3. Europe Steering Wheel Armature Market Snapshot

10.3.1. U.K. Steering Wheel Armature Market

10.3.2. Germany Steering Wheel Armature Market

10.3.3. France Steering Wheel Armature Market

10.3.4. Spain Steering Wheel Armature Market

10.3.5. Italy Steering Wheel Armature Market

10.3.6. Rest of Europe Steering Wheel Armature Market

10.4. Asia-Pacific Steering Wheel Armature Market Snapshot

10.4.1. China Steering Wheel Armature Market

10.4.2. India Steering Wheel Armature Market

10.4.3. Japan Steering Wheel Armature Market

10.4.4. Australia Steering Wheel Armature Market

10.4.5. South Korea Steering Wheel Armature Market

10.4.6. Rest of Asia Pacific Steering Wheel Armature Market

10.5. Latin America Steering Wheel Armature Market Snapshot

10.5.1. Brazil Steering Wheel Armature Market

10.5.2. Mexico Steering Wheel Armature Market

10.6. Rest of The World Steering Wheel Armature Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. Getac Technology Corporation

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. Tianjin Liuhe Magnesium Product Co., Ltd.

11.2.3. Lunt Manufacturing

11.2.4. Nihon Plast Co., Ltd.

11.2.5. GSK InTek Co., Ltd.

11.2.6. Ros Industrie Srl

11.2.7. MZW Motor, STARION CO., LTD

11.2.8. Summit Steering Wheel Co., Ltd.

11.2.9. Magpulse Technologies Pvt. Ltd.

11.2.10. Shanghai Fangle Auto Parts Co. Ltd

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Steering Wheel Armature Market, report scope

TABLE 2. Global Steering Wheel Armature Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Steering Wheel Armature Market estimates & forecasts by Material Type 2018-2028 (USD Million)

TABLE 4. Global Steering Wheel Armature Market estimates & forecasts by Number of Spokes 2018-2028 (USD Million)

TABLE 5. Global Steering Wheel Armature Market estimates & forecasts by Vehicle Type 2018-2028 (USD Million)

TABLE 6. Global Steering Wheel Armature Market estimates & forecasts by Sales Channel 2018-2028 (USD Million)

TABLE 7. Global Steering Wheel Armature Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Steering Wheel Armature Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Steering Wheel Armature Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Steering Wheel Armature Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Steering Wheel Armature Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Steering Wheel Armature Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Steering Wheel Armature Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Steering Wheel Armature Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. Global Steering Wheel Armature Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. Global Steering Wheel Armature Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 17. U.S. Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 18. U.S. Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. U.S. Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 21. Canada Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. Canada Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 24. UK Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. UK Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 27. Germany Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. Germany Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 30. RoE Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. RoE Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 33. China Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. China Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 36. India Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. India Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 39. Japan Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. Japan Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 42. RoAPAC Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. RoAPAC Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 45. Brazil Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Brazil Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 48. Mexico Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. Mexico Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 51. RoLA Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. RoLA Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Steering Wheel Armature Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 54. Row Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 55. Row Steering Wheel Armature Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 56. List of secondary sources, used in the study of global Steering Wheel Armature Market

TABLE 57. List of primary sources, used in the study of global Steering Wheel Armature Market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
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