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The automotive steering motor market is forecasted to grow by USD 456.2 million during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the automotive steering motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by key developments, increased adoption of eps in modern vehicles, and increasing penetration of 48v electrical architecture in automobiles.
The automotive steering motor market is segmented as below:
By Application
- Passenger car
- Commercial vehicle
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive steering motor market covers the following areas:
- Automotive steering motor market sizing
- Automotive steering motor market forecast
- Automotive steering motor market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive steering motor market: Allied Motion Technologies Inc., AMK Holding GmbH and Co. KG, BorgWarner Inc., Brose Fahrzeugteile SE and Co. KG, DENSO Corp., Hitachi Ltd., HL Mando Co. Ltd., Hyundai Motor Group, Johnson Electric Holdings Ltd., LG Innotek Co. Ltd., MAHLE GmbH, Melrose Industries PLC, Mitsuba Corp., Nexteer Automotive Group Ltd., Nidec Corp., NSK Ltd., Robert Bosch GmbH, thyssenkrupp AG, Toyota Motor Corp., and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is continuous advances in automotive steering technology."
According to the report, one of the major drivers for this market is the key developments.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Allied Motion Technologies Inc.
- AMK Holding GmbH and Co. KG
- BorgWarner Inc.
- Brose Fahrzeugteile SE and Co. KG
- DENSO Corp.
- Hitachi Ltd.
- HL Mando Co. Ltd.
- Hyundai Motor Group
- Johnson Electric Holdings Ltd.
- LG Innotek Co. Ltd.
- MAHLE GmbH
- Melrose Industries Plc
- Mitsuba Corp.
- Nexteer Automotive Group Ltd.
- Nidec Corp.
- NSK Ltd.
- Robert Bosch GmbH
- thyssenkrupp AG
- Toyota Motor Corp.
- ZF Friedrichshafen AG
