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Steering Market (By Component: Electric motor, Hydraulic Pump, Steering Column, Steering Wheel Speed Sensor; By Technology: Manual, Hydraulic Power Steering (HPS), Electro-Hydraulic Power Steering (EHPS), Electronic Power Steering (EPS), C-EPS, P-EPS, R-EPS; By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027

Published : Sep 2020

Report ID: ARC2144

Pages : 190

Format : Steering Market (By Component: Electric motor, Hydraulic Pump, Steering Column, Steering Wheel Speed Sensor; By Technology: Manual, Hydraulic Power Steering (HPS), Electro-Hydraulic Power Steering (EHPS), Electronic Power Steering (EPS), C-EPS, P-EPS, R-EPS; By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027

Table Of Content:

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
   1.1.1. Definition of Steering
   1.1.2. Market Segmentation
   1.1.3. List of Abbreviations
1.2. Summary
   1.2.1. Market Snapshot
   1.2.2. Steering Market By Component
     1.2.2.1. Global Steering Market Revenue and Growth Rate Comparison By Component(2020-2027)
     1.2.2.2. Global Steering Market Revenue Share By Component in 2019
     1.2.2.3. Electric motor
     1.2.2.4. Hydraulic Pump
     1.2.2.5. Steering Column
     1.2.2.6. Steering Wheel Speed Sensor
   1.2.3. Steering Market By Technology
     1.2.3.1. Global Steering Market Revenue and Growth Rate Comparison By Technology (2020-2027)
     1.2.3.2. Global Steering Market Revenue Share By Technology in 2019
       1.2.3.2.1. Manual
       1.2.3.2.2. Hydraulic Power Steering (HPS)
       1.2.3.2.3. Electro-Hydraulic Power Steering (EHPS)
       1.2.3.2.4. Electronic Power Steering (EPS)
       1.2.3.2.5. C-EPS
       1.2.3.2.6. P-EPS
       1.2.3.2.7. R-EPS
   1.2.4. Steering Market By Vehicle Type
     1.2.4.1. Global Steering Market Revenue and Growth Rate Comparison By Vehicle Type(2020-2027)
     1.2.4.2. Global Steering Market Revenue Share By Vehicle Type in 2019
       1.2.4.2.1. Passenger Car
       1.2.4.2.2. Light Commercial Vehicle
       1.2.4.2.3. Heavy Commercial Vehicle
   1.2.5. Steering Market By Geography
     1.2.5.1. Global Steering Market Revenue and Growth Rate Comparison by Geography (2020-2027)
     1.2.5.2. North America Steering Market Revenue and Growth Rate(2020-2027)
     1.2.5.3. Europe Steering Market Revenue and Growth Rate(2020-2027)
     1.2.5.4. Asia-Pacific Steering Market Revenue and Growth Rate(2020-2027)
     1.2.5.5. Latin America Steering Market Revenue and Growth Rate(2020-2027)
     1.2.5.6. Middle East and Africa (MEA) Steering Market Revenue and Growth Rate(2020-2027)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
   2.4.1. Bargaining Power of Suppliers
   2.4.2. Bargaining Power of Buyers
   2.4.3. Threat of Substitute
   2.4.4. Threat of New Entrants
   2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
   2.6.1. Raw Material and Suppliers
   2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
   2.8.1. Player Positioning Analysis
   2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING Steering ANALYSIS
3.1. Capacity and Commercial Production Date of Global Steering Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Steering Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Steering Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Steering Major Manufacturers in 2019

CHAPTER 4. Steering MARKET By Component
4.1. Global Steering Revenue By Component
4.2. Electric motor
   4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Hydraulic Pump
   4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Steering Column
   4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Steering Wheel Speed Sensor
   4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)

CHAPTER 5. Steering MARKET By Technology
5.1. Global Steering Revenue By Technology
5.2. Manual
   5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Hydraulic Power Steering (HPS)
   5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Electro-Hydraulic Power Steering (EHPS)
   5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Electronic Power Steering (EPS)
   5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. C-EPS
   5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.7. P-EPS
   5.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.8. R-EPS
   5.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)

CHAPTER 6. Steering MARKET By Vehicle Type
6.1. Global Steering Revenue By Vehicle Type
6.2. Passenger Car
   6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Light Commercial Vehicle
   6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Heavy Commercial Vehicle
   6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)

CHAPTER 7. NORTH AMERICA Steering MARKET BY COUNTRY
7.1. North America Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Steering Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
   7.3.1. U.S. Steering Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   7.3.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   7.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
7.4. Canada
   7.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   7.4.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   7.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)

CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Steering Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
   8.3.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   8.3.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)   
   8.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.4. Germany
   8.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   8.4.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   8.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.5. France
   8.5.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   8.5.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   8.5.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.6. Spain
   8.6.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   8.6.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   8.6.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.7. Rest of Europe
   8.7.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   8.7.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   8.7.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)

CHAPTER 9. ASIA-PACIFIC Steering MARKET BY COUNTRY
9.1. Asia-Pacific Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Steering Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
   9.3.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   9.3.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   9.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.4. Japan
   9.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   9.4.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   9.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.5. India
   9.5.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   9.5.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   9.5.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.6. Australia
   9.6.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   9.6.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   9.6.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.7. South Korea
   9.7.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   9.7.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   9.7.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
   9.8.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   9.8.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   9.8.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)

CHAPTER 10. LATIN AMERICA Steering MARKET BY COUNTRY
10.1. Latin America Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Steering Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
   10.3.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   10.3.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   10.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.4. Mexico
   10.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   10.4.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   10.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.5. Rest of Latin America
   10.5.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   10.5.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   10.5.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)

CHAPTER 11. MIDDLE EAST & AFRICA Steering MARKET BY COUNTRY
11.1. Middle East & Africa Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Steering Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
   11.3.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   11.3.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   11.3.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.4. South Africa
   11.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   11.4.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   11.4.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
   11.5.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
   11.5.2. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
   11.5.3. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)

CHAPTER 12. COMPANY PROFILE
12.1. JTEKT Corporation
   12.1.1. Company Snapshot
   12.1.2. Overview
   12.1.3. Financial Overview
   12.1.4. Product Portfolio
   12.1.5. Key Developments
   12.1.6. Strategies
12.2. China Automotive Systems Inc.
   12.2.1. Company Snapshot
   12.2.2. Overview
   12.2.3. Financial Overview
   12.2.4. Product Portfolio
   12.2.5. Key Developments
   12.2.6. Strategies
12.3. Nexteer Automotive
   12.3.1. Company Snapshot
   12.3.2. Overview
   12.3.3. Financial Overview
   12.3.4. Product Portfolio
   12.3.5. Key Developments
   12.3.6. Strategies
12.4. Mando Corporation
   12.4.1. Company Snapshot
   12.4.2. Overview
   12.4.3. Financial Overview
   12.4.4. Product Portfolio
   12.4.5. Key Developments
   12.4.6. Strategies
12.5. Robert Bosch Automotive Steering GmbH
   12.5.1. Company Snapshot
   12.5.2. Overview
   12.5.3. Financial Overview
   12.5.4. Product Portfolio
   12.5.5. Key Developments
   12.5.6. Strategies
12.6. ThyssenKrupp Presta AG
   12.6.1. Company Snapshot
   12.6.2. Overview
   12.6.3. Financial Overview
   12.6.4. Product Portfolio
   12.6.5. Key Developments
   12.6.6. StrategiesTorpedo Inc.
12.7. Showa Corporation   
   12.7.1. Company Snapshot
   12.7.2. Overview
   12.7.3. Financial Overview
   12.7.4. Product Portfolio
   12.7.5. Key Developments
   12.7.6. Strategies
12.8. NSK Ltd
   12.8.1. Company Snapshot
   12.8.2. Overview
   12.8.3. Financial Overview
   12.8.4. Product Portfolio
   12.8.5. Key Developments
   12.8.6. Strategies
12.9. Sona Koyo Steering Systems Ltd.
   12.9.1. Company Snapshot
   12.9.2. Overview
   12.9.3. Financial Overview
   12.9.4. Product Portfolioa
   12.9.5. Key Developments
   12.9.6. Strategies
12.10. Mitsubishi Electric Corporation
   12.10.1. Company Snapshot
   12.10.2. Overview
   12.10.3. Financial Overview
   12.10.4. Product Portfolio
   12.10.5. Key Developments
   12.10.6. Strategies
12.11. Others
   12.11.1. Company Snapshot
   12.11.2. Overview
   12.11.3. Financial Overview
   12.11.4. Product Portfolio
   12.11.5. Key Developments
   12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
   13.1.1. Initial Data Search
   13.1.2. Secondary Research
   13.1.3. Primary Research
13.2. Assumptions and Scope

Frequently Asked Questions

What will be the market value of steering in 2027?

The market value of steering is anticipated to be around US$ 48,000 Mn in 2027.

What will be the CAGR of steering market?

It is anticipated to grow around 5% CAGR amid the forecast period.2020-2027

Which region held the maximum share of the steering market?

Asia Pacific held maximum share in 2019.

Which region is projected to grow at a fastest rate during the forecast period?

Asia Pacific is projected to grow at a fast pace during forecast period from 2020-2027.

What is the main driver of steering market?

Increasing vehicle production and trade activities is resulting into high demand for steering systems to control vehicle direction is expected to drive the growth of the steering market.

Which factor restrains the growth of steering market?

High maintenance and complex balance associated with cost and performance of smart steering systems is a major factor expected to restraint the growth of the market.

Which are the prominent players in the steering market?

JTEKT Corporation, China Automotive Systems Inc., Nexteer Automotive, Mando Corporation, Robert Bosch Automotive Steering GmbH, ThyssenKrupp Presta AG, Showa Corporation, NSK Ltd, Sona Koyo Steering Systems Ltd., Mitsubishi Electric Corporation, Hyundai Mobis Co. Ltd. and others are the prominent players in the steering market.

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