Automotive Steering System - Global Market Outlook (2015-2022)

Automotive Steering System - Global Market Outlook (2015-2022)

  • Published: March 2016
  • ID: SMRC15586

According to Stratistics MRC, the Global Automotive Steering Market system is accounted at $26.19 billion in 2015 and is estimated to reach $41.8 billion by 2022 growing at a CAGR of 6.90 % from 2015 to 2022. The rising demand for automobile sector is the primary factor favouring the market. Furthermore, increasing demand for vehicles, investment in research & development by market leaders are drivers for the Automotive Steering market system. However, rising fuel prices has led the consumers to go for more fuel efficient vehicles is the major restraint hampering the market growth. Some of the recent trends in Automotive Steering market system are convention rigid steering system and flexible power assisted steering systems.

Electro-hydraulic power steering segment is expected to have more shares due to the combined benefits of both electronic power steering and hydraulic power steering being provided by this segment. Europe accounted for the largest market share in the automotive steering systems followed by North America, Asia Pacific and Rest of the World (RoW).

Some of the key players in the market include Jtekt Corporation, Robert Bosch GmbH, ZF Friedrichshafen AG, NSK Ltd., Nexteer Automotive Group Ltd, Hitachi Ltd., Mando Corp., Thyssenkrupp AG, Showa Corporation, The Sona Group, TRW Automotive Holding, Mitsubishi Electric Corporation, Hyundai Mobis Co. Ltd, China Automotive Systems Inc.  and YAZAKI corporation.

Types Covered:
• Manual Steering System
• Hydraulic Power Steering (HPS) System
• Electro-Hydraulic Power Steering (EHPS) System
• Electric Power Steering (EPS) System

Key Components Covered:
• Hydraulic Pump
• Power Steering Column
• Steering Wheel Speed Sensor
• Electric Motor

Safety Features Covered:
• Anti-Lock Braking System (ABS)
• Electronic Stability Control/Program (ESC/ESP)

Electric Power Steering Type Covered:
• Column Assist Electric Power Steering (C-EPS)
• Pinion Assist Electric Power Steering (P-EPS)
• Rack Assist Electric Power Steering (R-EPS)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain 
o Rest of Europe     
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific   
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary   
     
2 Preface 
   
 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats   
 3.8 Emerging Markets  
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Automotive Steering System Market, By Type
 5.1 Introduction  
 5.2 Manual Steering System 
 5.3 Hydraulic Power Steering (HPS) System
 5.4 Electro-Hydraulic Power Steering (EHPS) System
 5.5 Electric Power Steering (EPS) System
     
6 Global Automotive Steering System Market, By Key Components
 6.1 Introduction  
 6.2 Hydraulic Pump   
 6.3 Power Steering Column  
 6.4 Steering Wheel Speed Sensor  
 6.5 Electric Motor   
     
7 Global Automotive Steering System Market, By Safety Features
 7.1 Introduction  
 7.2 Anti-Lock Braking System (ABS) 
 7.3  Electronic Stability Control/Program (ESC/ESP)
     
8 Global Automotive Steering System Market, By Electric Power Steering Type
 8.1 Introduction  
 8.2 Column Assist Electric Power Steering (C-EPS)
 8.3 Pinion Assist Electric Power Steering (P-EPS)
 8.4 Rack Assist Electric Power Steering (R-EPS)
     
9 Global Automotive Steering System Market, By Geography
 9.1 North America  
  9.1.1 US  
  9.1.2 Canada  
  9.1.3 Mexico  
 9.2 Europe   
  9.2.1 Germany  
  9.2.2 France  
  9.2.3 Italy  
  9.2.4 UK  
  9.2.5 Spain  
  9.2.6 Rest of Europe 
 9.3 Asia Pacific  
  9.3.1 Japan  
  9.3.2 China  
  9.3.3 India  
  9.3.4 Australia  
  9.3.5 New Zealand 
  9.3.6 Rest of Asia Pacific 
 9.4 Rest of the World  
  9.4.1 Middle East 
  9.4.2 Brazil  
  9.4.3 Argentina 
  9.4.4 South Africa 
  9.4.5 Egypt  
     
10 Key Developments   
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
 10.2 Acquisitions & Mergers 
 10.3 New Product Launch 
 10.4 Expansions  
 10.5 Other Key Strategies 
     
11 Company Profiling   

 11.1 Jtekt Corporation      
 11.2 Robert Bosch GmbH     
 11.3 ZF Friedrichshafen AG     
 11.4 NSK Ltd.       
 11.5 Nexteer Automotive Group Ltd.    
 11.6 Hitachi Ltd.      
 11.7 Mando Corp.      
 11.8 Thyssenkrupp AG      
 11.9  Showa Corporation     
 11.10 The Sona Group      
 11.11 TRW Automotive Holdings    
 11.12 Mitsubishi Electric Corporation   
 11.13 Hyundai Mobis Co. Ltd    
 11.14 China Automotive Systems Inc.    
 11.15 YAZAKI corporation   


List of Tables    
1 Global Automotive Steering System Market Outlook, By Region (2014-2022) ($MN)
2 Global Automotive Steering System Market Outlook, By Type (2014-2022) ($MN)
3 Global Automotive Steering System Market Outlook, By Manual Steering System (2014-2022) ($MN)
4 Global Automotive Steering System Market Outlook, By Hydraulic Power Steering (HPS) System (2014-2022) ($MN)
5 Global Automotive Steering System Market Outlook, By Electro-Hydraulic Power Steering (EHPS) System (2014-2022) ($MN)
6 Global Automotive Steering System Market Outlook, By Electric Power Steering (EPS) System (2014-2022) ($MN)
7 Global Automotive Steering System Market Outlook, By Key Components (2014-2022) ($MN)
8 Global Automotive Steering System Market Outlook, By Hydraulic Pump (2014-2022) ($MN)
9 Global Automotive Steering System Market Outlook, By Power Steering Column  (2014-2022) ($MN)
10 Global Automotive Steering System Market Outlook, By Steering Wheel Speed Sensor (2014-2022) ($MN)
11 Global Automotive Steering System Market Outlook, By Electric Motor  (2014-2022) ($MN)
12 Global Automotive Steering System Market Outlook, By Safety Features (2014-2022) ($MN)
13 Global Automotive Steering System Market Outlook, By Anti-Lock Braking System (ABS)  (2014-2022) ($MN)
14 Global Automotive Steering System Market Outlook, By Electronic Stability Control/Program (ESC/ESP)  (2014-2022) ($MN)
15 Global Automotive Steering System Market Outlook, By Electric Power Steering Type (2014-2022) ($MN)
16 Global Automotive Steering System Market Outlook, By Column Assist Electric Power Steering (C-EPS)  (2014-2022) ($MN)
18 Global Automotive Steering System Market Outlook, By Pinion Assist Electric Power Steering (P-EPS)  (2014-2022) ($MN)
19 Global Automotive Steering System Market Outlook, By Rack Assist Electric Power Steering (R-EPS) (2014-2022) ($MN)
20 North America Automotive Steering System Market Outlook, By Type (2014-2022) ($MN)
21 North America Automotive Steering System Market Outlook, By Manual Steering System (2014-2022) ($MN)
22 North America Automotive Steering System Market Outlook, By Hydraulic Power Steering (HPS) System (2014-2022) ($MN)
23 North America Automotive Steering System Market Outlook, By Electro-Hydraulic Power Steering (EHPS) System (2014-2022) ($MN)
24 North America Automotive Steering System Market Outlook, By Electric Power Steering (EPS) System (2014-2022) ($MN)
25 North America Automotive Steering System Market Outlook, By Key Components (2014-2022) ($MN)
26 North America Automotive Steering System Market Outlook, By Hydraulic Pump (2014-2022) ($MN)
27 North America Automotive Steering System Market Outlook, By Power Steering Column  (2014-2022) ($MN)
28 North America Automotive Steering System Market Outlook, By Steering Wheel Speed Sensor (2014-2022) ($MN)
29 North America Automotive Steering System Market Outlook, By Electric Motor  (2014-2022) ($MN)
30 North America Automotive Steering System Market Outlook, By Safety Features (2014-2022) ($MN)
31 North America Automotive Steering System Market Outlook, By Anti-Lock Braking System (ABS)  (2014-2022) ($MN)
32 North America Automotive Steering System Market Outlook, By Electronic Stability Control/Program (ESC/ESP)  (2014-2022) ($MN)
34 North America Automotive Steering System Market Outlook, By Electric Power Steering Type (2014-2022) ($MN)
35 North America Automotive Steering System Market Outlook, By Column Assist Electric Power Steering (C-EPS)  (2014-2022) ($MN)
36 North America Automotive Steering System Market Outlook, By Pinion Assist Electric Power Steering (P-EPS)  (2014-2022) ($MN)
37 North America Automotive Steering System Market Outlook, By Rack Assist Electric Power Steering (R-EPS) (2014-2022) ($MN)
38 Europe Automotive Steering System Market Outlook, By Type (2014-2022) ($MN)
39 Europe Automotive Steering System Market Outlook, By Manual Steering System (2014-2022) ($MN)
40 Europe Automotive Steering System Market Outlook, By Hydraulic Power Steering (HPS) System (2014-2022) ($MN)
41 Europe Automotive Steering System Market Outlook, By Electro-Hydraulic Power Steering (EHPS) System (2014-2022) ($MN)
42 Europe Automotive Steering System Market Outlook, By Electric Power Steering (EPS) System (2014-2022) ($MN)
43 Europe Automotive Steering System Market Outlook, By Key Components (2014-2022) ($MN)
44 Europe Automotive Steering System Market Outlook, By Hydraulic Pump (2014-2022) ($MN)
45 Europe Automotive Steering System Market Outlook, By Power Steering Column  (2014-2022) ($MN)
46 Europe Automotive Steering System Market Outlook, By Steering Wheel Speed Sensor (2014-2022) ($MN)
47 Europe Automotive Steering System Market Outlook, By Electric Motor  (2014-2022) ($MN)
48 Europe Automotive Steering System Market Outlook, By Safety Features (2014-2022) ($MN)
50 Europe Automotive Steering System Market Outlook, By Anti-Lock Braking System (ABS)  (2014-2022) ($MN)
51 Europe Automotive Steering System Market Outlook, By Electronic Stability Control/Program (ESC/ESP)  (2014-2022) ($MN)
52 Europe Automotive Steering System Market Outlook, By Electric Power Steering Type (2014-2022) ($MN)
53 Europe Automotive Steering System Market Outlook, By Column Assist Electric Power Steering (C-EPS)  (2014-2022) ($MN)
54 Europe Automotive Steering System Market Outlook, By Pinion Assist Electric Power Steering (P-EPS)  (2014-2022) ($MN)
55 Europe Automotive Steering System Market Outlook, By Rack Assist Electric Power Steering (R-EPS) (2014-2022) ($MN)
56 Asia Pacific Automotive Steering System Market Outlook, By Type (2014-2022) ($MN)
57 Asia Pacific Automotive Steering System Market Outlook, By Manual Steering System (2014-2022) ($MN)
58 Asia Pacific Automotive Steering System Market Outlook, By Hydraulic Power Steering (HPS) System (2014-2022) ($MN)
59 Asia Pacific Automotive Steering System Market Outlook, By Electro-Hydraulic Power Steering (EHPS) System (2014-2022) ($MN)
60 Asia Pacific Automotive Steering System Market Outlook, By Electric Power Steering (EPS) System (2014-2022) ($MN)
61 Asia Pacific Automotive Steering System Market Outlook, By Key Components (2014-2022) ($MN)
62 Asia Pacific Automotive Steering System Market Outlook, By Hydraulic Pump (2014-2022) ($MN)
63 Asia Pacific Automotive Steering System Market Outlook, By Power Steering Column  (2014-2022) ($MN)
64 Asia Pacific Automotive Steering System Market Outlook, By Steering Wheel Speed Sensor (2014-2022) ($MN)
66 Asia Pacific Automotive Steering System Market Outlook, By Electric Motor  (2014-2022) ($MN)
67 Asia Pacific Automotive Steering System Market Outlook, By Safety Features (2014-2022) ($MN)
68 Asia Pacific Automotive Steering System Market Outlook, By Anti-Lock Braking System (ABS)  (2014-2022) ($MN)
69 Asia Pacific Automotive Steering System Market Outlook, By Electronic Stability Control/Program (ESC/ESP)  (2014-2022) ($MN)
70 Asia Pacific Automotive Steering System Market Outlook, By Electric Power Steering Type (2014-2022) ($MN)
71 Asia Pacific Automotive Steering System Market Outlook, By Column Assist Electric Power Steering (C-EPS)  (2014-2022) ($MN)
72 Asia Pacific Automotive Steering System Market Outlook, By Pinion Assist Electric Power Steering (P-EPS)  (2014-2022) ($MN)
73 Asia Pacific Automotive Steering System Market Outlook, By Rack Assist Electric Power Steering (R-EPS) (2014-2022) ($MN)
74 Rest of the World Automotive Steering System Market Outlook, By Type (2014-2022) ($MN)
75 Rest of the World Automotive Steering System Market Outlook, By Manual Steering System (2014-2022) ($MN)
76 Rest of the World Automotive Steering System Market Outlook, By Hydraulic Power Steering (HPS) System (2014-2022) ($MN)
77 Rest of the World Automotive Steering System Market Outlook, By Electro-Hydraulic Power Steering (EHPS) System (2014-2022) ($MN)
78 Rest of the World Automotive Steering System Market Outlook, By Electric Power Steering (EPS) System (2014-2022) ($MN)
79 Rest of the World Automotive Steering System Market Outlook, By Key Components (2014-2022) ($MN)
80 Rest of the World Automotive Steering System Market Outlook, By Hydraulic Pump (2014-2022) ($MN)
81 Rest of the World Automotive Steering System Market Outlook, By Power Steering Column  (2014-2022) ($MN)
82 Rest of the World Automotive Steering System Market Outlook, By Steering Wheel Speed Sensor (2014-2022) ($MN)
83 Rest of the World Automotive Steering System Market Outlook, By Electric Motor  (2014-2022) ($MN)
84 Rest of the World Automotive Steering System Market Outlook, By Safety Features (2014-2022) ($MN)
85 Rest of the World Automotive Steering System Market Outlook, By Anti-Lock Braking System (ABS)  (2014-2022) ($MN)
86 Rest of the World Automotive Steering System Market Outlook, By Electronic Stability Control/Program (ESC/ESP)  (2014-2022) ($MN)
87 Rest of the World Automotive Steering System Market Outlook, By Electric Power Steering Type (2014-2022) ($MN)
88 Rest of the World Automotive Steering System Market Outlook, By Column Assist Electric Power Steering (C-EPS)  (2014-2022) ($MN)
89 Rest of the World Automotive Steering System Market Outlook, By Pinion Assist Electric Power Steering (P-EPS)  (2014-2022) ($MN)
90 Rest of the World Automotive Steering System Market Outlook, By Rack Assist Electric Power Steering (R-EPS) (2014-2022) ($MN)

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