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The automotive steering gearbox market is forecasted to grow by USD 8.97 bn during 2023-2028, accelerating at a CAGR of 8.67% during the forecast period. The report on the automotive steering gearbox 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 growing demand for high torque and performance in trucks, increasing adoption of electric power steering, and stringent regulations to control emissions.
The automotive steering gearbox market is segmented as below:
By Type
- Electric power steering
- Hydraulic power steering
- Electro-hydraulic power steering
By Application
- Passenger cars
- Commercial cars
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive steering gearbox market covers the following areas:
- Automotive steering gearbox market sizing
- Automotive steering gearbox market forecast
- Automotive steering gearbox 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 publisher 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 Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global automotive steering gearbox market: Akashi Kikai Kogyo Co. Ltd., ATS Automation Tooling Systems Inc., Cardone Industries Inc., China Automotive Systems Inc., DENSO Corp., Ford Motor Co., HL Mando Co. Ltd., Hyundai Motor Co., JTEKT Corp., Knorr Bremse AG, Melrose Industries Plc, Mitsubishi Heavy Industries Ltd., Nexteer Automotive Group Ltd., Robert Bosch GmbH, thyssenkrupp AG, and ZF Steering Gear (India) Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is development of magnetic torque overlay.'
According to the report, one of the major drivers for this market is the growing demand for high torque and performance in trucks.
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:
- Akashi Kikai Kogyo Co. Ltd.
- ATS Automation Tooling Systems Inc.
- Cardone Industries Inc.
- China Automotive Systems Inc.
- DENSO Corp.
- Ford Motor Co.
- HL Mando Co. Ltd.
- Hyundai Motor Co.
- JTEKT Corp.
- Knorr Bremse AG
- Melrose Industries Plc
- Mitsubishi Heavy Industries Ltd.
- Nexteer Automotive Group Ltd.
- Robert Bosch GmbH
- thyssenkrupp AG
- ZF Steering Gear (India) Ltd.
