Transparency Market Research Automotive Steering Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021
Published Date 2015-07-31
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Increasing Vehicle Production in Asia Pacific to Drive Global Automotive Steering Systems Market Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Automotive Steering Systems Market
REPORT DESCRIPTION
Automotive Steering Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 Steering systems in automobiles are one of the direct areas of contact between the driver and the vehicle. Steering systems are an important element of automobiles to maneuver the vehicle to execute a turn or avoid obstacles. The market for automotive steering systems has been driven primarily by the exponential growth of the automotive sector in the recent years. Moreover, use of electro-hydraulic power steering and electronic power steering leads to added fuel efficiency, which is aiding growth of the advanced automotive steering systems market globally. Browse The Market Research Report of Automotive Steering Systems Market : http://www.transparencymarketresearch.com/automotive-steering-systemsmarket.html Furthermore, rapid growth of the automotive sector in emerging economies is driving demand for automotive steering systems, which is contributing significantly to the growth of the overall market. The demand for fuel-efficient and easily maneuverable vehicles is fueling demand for advanced automotive steering systems in these regions. Owing to the aforesaid reasons, the global automotive steering systems market stood at US$24.55 billion in 2014 and will reach US$39.13 billion by 2021, displaying a 6.2% CAGR from 2015 to 2021.Huge capital investment required for R&D of steering systems, which in turn results in the high price of the automotive steering system, challenges the growth of this market. Get Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=s&rep_id=2961 Electro-Hydraulic Power Steering Offers Edge over Other Steering System Types Vehicle type, steering system type, and key regional markets are the three fronts on which the global automotive steering systems market is divided.By vehicle type, the passenger vehicles segment accounted for the largest market share in the global market in 2014 due to high demand for passenger vehicle globally. With the growth of the vehicle financing market, a large
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proportion of the total population is able to afford passenger vehicles, mainly in China, India, and Brazil. The aforementioned factors are collectively favorable for the passenger vehicles segment. Browse Press Release of Automotive Steering Systems Market : http://www.transparencymarketresearch.com/pressrelease/automotive-steeringsystems-market.htm Steering system segments of the market comprise electronic power steering (EPS), hydraulic power steering (HPS), and electro-hydraulic power steering (EHPS). Amongst all, in 2014, electronic power steering systems held the largest market share of 37.4% in the total market. This is because electronic power steering deliver better mileage and easier maneuverability than hydraulic power steering. However, electro-hydraulic power steering systems are loaded with the combined advantages of HPS and EPS, such as higher fuel efficiency and better road feedback, respectively, which is favorable to the growth of the automotive steering systems market worldwide. Moreover, safety features such as anti-lock braking system (ABS) and electronic stability control (ESC) integrated with electronic steering systems is propelling the demand for EHPS over HPS. High Automobile Sales in Asia Pacific to Benefit the Global Market Browse Article of Automotive Steering Systems Market : http://www.transparencymarketresearch.com/article/automotive-steering-systemsmarket.htm Among the regional markets, Europe dominated the market for automotive steering systems in 2014. Due to high vehicle ownership, North America and Europe are saturated markets for automotive steering systems. Hence, these regions are expected to witness stable growth in the coming years. However, Asia Pacific will witness significant demand for automotive steering systems in the coming years, due to increasing vehicle production and economic growth leading to elevated purchasing power of consumers. Related Reports :
Automotive Crankshaft Market http://www.transparencymarketresearch.com/automotive-crankshaft-market.html
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Automotive Steering Systems Market
Automotive Tire Market - http://www.transparencymarketresearch.com/automotivetire-market.html Automotive Chassis Systems Market http://www.transparencymarketresearch.com/automotive-chassis-systemsmarket.html Automotive Engine Management System Market http://www.transparencymarketresearch.com/automotive-engine-managementsystems-market.html Some of the major companies operating in the global automotive steering systems market are TRW Automotive Holdings (U.S.), Hyundai Mobis Co. Ltd (South Korea), Robert Bosch Automotive Steering GmbH (Germany), Nexteer Automotive (U.S.), China Automotive Systems Inc. ( China), Mitsubishi Electric Corporation (Japan), Sona Koyo Steering Systems Ltd (India), JTEKT Corporation (Japan), and ZF Friedrichshafen Manufacturing Company (Germany).
Chapter 1 Preface 1.1 Report Description 1.2 Research Scope 1.3 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Market Overview 3.1 Introduction 3.2 Value Chain Analysis
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3.2.1 Parts and Components Suppliers 3.2.2 Steering Systems Assemblers and Manufacturers 3.2.3 Automobile Manufacturers 3.3 Market Dynamics 3.3.1 Market Drivers for Electronic Power Steering 3.3.1.1 Growth of automotive Sector in Emerging Markets 3.3.1.2 Increasing demand for fuel efficient vehicles 3.3.2 Market Drivers for Electro Hydraulic Power Steering 3.3.2.1 Better Road Feedback 3.3.2.2 Fuel Efficient 3.3.3 Market Restraints 3.3.3.1 Market Restraints for Electro Hydraulic Power Steering 3.3.3.2 Market Restraints for Electronic Power Steering 3.3.4 Market Restraints for Hydraulic Power Steering 3.3.5 Market Opportunities 3.3.5.1 Steer- By-Wire 3.4 Automotive Steering Systems: Market Attractiveness Analysis 3.5 Competitive Landscape 3.5.1 Automotive Steering Systems Market: Market Positioning of Key Players 3.5.2 Competitive Strategies Adopted by Leading Players
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Chapter 4 Global Automotive Steering Systems Market Revenue, by Vehicle Type, 2015 – 2021 (USD Billion) 4.1 Overview 4.1.1 Global Automotive Steering Systems Market Revenue Share, By Vehicle Type, 2014 2021 4.2 Heavy Commercial Vehicle 4.2.1 Global Heavy Commercial Vehicle Market Revenue and Forecast, 2014 – 2021, (USD Billion) 4.3 Light Commercial Vehicle 4.3.1 Global Light Commercial Vehicle Market Revenue and Forecast, 2014 – 2021, (USD Billion) 4.4 Passenger Vehicle 4.4.1 Global Passenger Vehicle Market Revenue and Forecast, 2014 – 2021, (USD Billion)
Chapter 5 Global Automotive Steering Systemss Market: By Steering Systems Type (USD Billion) 5.1 Overview 5.1.1 Global Automotive Steering Systems Market Revenue Share, By Steering Systems Material, 2014 and 2021 5.2 Electronic Power Steering 5.2.1 Global Electronic Power Steering Steering Systems Market, 2014 – 2021, (USD Billion)
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5.3 Electro-Hydraulic Power Steering 5.3.1 Global Electro-Hydraulic Power Steering Steering Systems Market, 2014 – 2021, (USD Billion) 5.4 Hydraulic Power Steering 5.4.1 Global Hydraulic Power Steering Steering Systems Market, 2014 – 2021, (USD Billion)
Chapter 6 Global Automotive Steering Systems Market, By Geography: 6.1 Global Automotive Steering Systems Market: Regional Overview 6.1.1 Global Automotive Steering Systems Market Revenue Share, By Geography, 2014 and 2021 6.2 North America 6.2.1 North America Automotive Steering Systems Market Revenue Share, By Geography, 2014 – 2021 (USD Billion) 6.2.2 North America Automotive Steering Systems Market, By Vehicle Type, 2014 – 2021, (USD Billion) 6.2.3 North America Automotive Steering Market, By Steering Systems Type, 2014 – 2021, (USD Billion) 6.2.4 U.S 6.2.4.1 U.S Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.2.5 Canada 6.2.5.1 Canada Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.2.6 Mexico
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6.2.6.1 Mexico Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.3 Europe 6.3.1 Europe Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.3.2 Europe Automotive Steering Systems Market, By Vehicle Type, 2014 – 2021, (USD Billion) 6.3.3 Europe Automotive Steering System Market, By Steering Systems type, 2014 – 2021, (USD Billion) 6.3.4 Germany 6.3.4.1 Germany Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.3.5 U.K 6.3.5.1 U.K. Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.3.6 France 6.3.6.1 France Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.3.7 Italy 6.3.7.1 Italy Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.3.8 Rest of Europe 6.3.8.1 Rest of Europe Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.4 Asia-Pacific (APAC) 6.4.1 Asia-Pacific Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.4.2 APAC Automotive Steering Systems Market, By Vehicle Type, 2014 – 2021, (USD Billion)
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6.4.3 APAC Automotive Steering System Market, By Steering Systems type, 2014 – 2021, (USD Billion) 6.4.4 China 6.4.4.1 China Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.4.5 India 6.4.5.1 India Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.4.6 Japan 6.4.6.1 Japan Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.4.7 South Korea 6.4.7.1 South Korea Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.4.8 Rest of Asia Pacific 6.4.8.1 Rest of Asia Pacific Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.5 Rest of the World (RoW) 6.5.1 Rest of the World Automotive Steering Systems Market, 2014 – 2021, (USD Billion) 6.5.2 Rest of the World Automotive Steering Systems Market, By Vehicle Type, 2014 – 2021, (USD Billion) 6.5.3 Rest of the World Automotive Steering System Market, By Steering Systems type, 2014 – 2021, (USD Billion) 6.5.4 South America 6.5.4.1 South America Automotive Steering System Market, 2014 – 2021, (USD Billion) 6.5.5 Middle East
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6.5.5.1 Middle East Automotive Steering System Market, 2014 – 2021, (USD Billion) 6.5.6 Africa 6.5.6.1 Africa Automotive Steering System Market, 2014 – 2021, (USD Billion)
Chapter 7 Company Profiles 7.1 TRW Automotive Holdings. 7.2 Mitsubishi Electric Corporation 7.3 Hyundai Mobis Co. Ltd. 7.4 Sona Koyo Steering Systems Ltd. 7.5 Robert Bosch Automotive Steering GmbH 7.6 JTEKT Corporation 7.7 Nexteer Automotive 7.8 Thyssenkrupp Presta AG Aktiengesellschaft 7.9 China Automotive Systems Inc. 7.10 ZF Friedrichshafen Manufacturing Company List of Figures
FIG. 1 Automotive Steering Systems Market: Value chain analysis FIG. 2 Market Attractiveness Analysis, By Steering Type, 2014 FIG. 3 Automotive Steering Systems: Market Positioning of Key Players, 2014 (%)
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FIG. 4 Global Automotive Steering Systems Market By Vehicle Type, 2014 and 2021 FIG. 5 Global Heavy Commercial Vehicle Market Revenue and Forecast, 2014 – 2021, (USD Billion) FIG. 6 Global Light Commercial Vehicle Market Revenue and Forecast, 2014 – 2021, (USD Billion) FIG. 7 Global Passenger Vehicle Market Revenue and Forecast, 2014 – 2021, (USD Billion) FIG. 8 Global Automotive Steering Systems Market By Steering Systems type, 2014 and 2021 FIG. 9 Global Electronic Power Steering Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 10 Global Electro-Hydraulic Power Steering Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 11 Global Hydraulic Power Steering Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 12 Global Automotive Steering Systems Market Revenue Share, By Geography, 2014 and 2021 FIG. 13 North America Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 14 U.S. Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 15 Canada Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 16 Mexico Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 17 Europe Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 18 Germany Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 19 U.K. Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 20 France Automotive Steering Systems Market, 2014 – 2021, (USD Billion)
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FIG. 21 Italy Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 22 Rest of Europe Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 23 Asia-Pacific Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 24 China Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 25 India Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 26 Japan Automotive Steering Systems System Market, 2014 – 2021, (USD Billion) FIG. 27 South Korea Automotive Steering Systems System Market, 2014 – 2021, (USD Billion) FIG. 28 Rest of Asia Pacific Automotive Steering Systems System Market, 2014 – 2021, (USD Billion) FIG. 29 Rest of the World Automotive Steering Systems Market, 2014 – 2021, (USD Billion) FIG. 30 South Africa Automotive Steering System Market, 2014 – 2021, (USD Billion) FIG. 31 Middle East Automotive Steering System Market, 2014 – 2021, (USD Billion) FIG. 32 Africa Automotive Steering System Market, 2014 – 2021, (USD Billion)
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