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Home » Shop » Automotive Steering System Market Analysis and Global Forecast (2021-2028) with COVID Impact Analysis
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Automotive Steering System Market Analysis and Global Forecast (2021-2028) with COVID Impact Analysis

$ 3,475.00

Global Automotive Steering System Market By Type (Column-Eps (C-Eps), Pinion-Eps (P-Eps), Rack-Eps (R-Eps)), By Component (Hydraulic Pump, Steering Column, Steering Wheel Speed Sensor, Electric Motor), By Technology (Electric Power Steering (EPS), Electrically Assisted Hydraulic Power Steering (EHPS), Hydraulic Power Steering (HPS)), By Vehicle Type (Passenger Car(PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)) And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2021 To 2028

Report Code: EB_A&T_521 | Page: 168 | Report Status: Upcoming

Categories: Automotive, Automotive Systems
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  • Table of Content
  • Connect to Analyst
  • Research Methodology
Description

The global automotive steering system market size is expected to reach $40.54 Billion by 2028 growing at the CAGR of 4.46% from 2021 to 2028. This growth is attributed to several macro and microeconomic factors such as

  • Stringent fuel efficiency norms to drive demand for electrically assisted steering systems
  • Driver 2
  • Driver 3

Further several factors restraining the market growth include

  • The limited load-bearing capacity of EPS systems
  • Failure of EPS system subcomponents

Collaborations and Alliances in the automotive steering system market is expected to generate higher avenues during the forecast period.

The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the automotive steering system market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers to adopt various strategies to stabilize the company.

 In terms of COVID 19 impact, the automotive steering system market report also includes following data points:

  • Impact on automotive steering system market size
  • Vehicle Type Trend, Preferences, and Budget Impact
  • Regulatory Framework/Government Policies
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in automotive steering system market

Key Insight in the report:

The global automotive steering system market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.

Our report covers extensive competitive intelligence which includes following data points:

  • Business Overview
  • Business Segment Data
  • Financial Data
  • Product Segment Analysis and Specification
  • Recent Development and Company Strategy Analysis
  • SWOT Analysis

The report covers market sizing and forecasting at the country level as well as at the segment level. Automotive Steering System market is analyzed across below-mentioned different segments:

  • Type
    • Column-EPS (C-Eps)
    • Pinion-EPS (P-Eps)
    • Rack-EPS (R-Eps)
  • Component
    • Hydraulic pump
    • Steering column
    • Steering wheel speed sensor
    • Electric motor
  • Technology
    • Electric power steering (EPS)
    • Electrically assisted hydraulic power steering (EHPS)
    • Hydraulic power steering (HPS)
  • Vehicle type
    • Passenger car (PC)
    • Light commercial vehicle (LCV)
    • Heavy commercial vehicle (HCV)

 Automotive Steering System market is also analyzed across below-mentioned regions/countries:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
    • South America
    • Middle East & Africa

Some of the key players in automotive steering system market include:

  • JTEKT Corporation
  • Robert Bosch
  • Nexteer Automotive Group Limited
  • China Automotive Systems Inc.
  • Mando Corporation
  • ThyssenKrupp Presta
  • Showa Corporation
  • Hyundai Mobis Co. Ltd
  • Sona Koyo Steering Systems Ltd.
  • NSK Ltd

REPORT CONTENT BRIEF:

  • High level analysis of the current and future market trends and opportunities
  • Detailed analysis on current market drivers, restraining factors, and opportunities in the future
  • Automotive Steering System market estimates for 2020 and forecast from 2021 to 2028
  • Vendor market share analysis at each product level
  • Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.

Target Audience

  • Manufacturers
  • Suppliers and traders
  • Government, associations, and industrial bodies
  • Investors and trade experts
  • Consulting Firms or Individual Consultant
  • Anyone interested in understanding industry dynamic of automotive steering system market

For more details mail us at

[email protected]

Ask a question / additional requirement













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    Table of Content

    Table of Content

    Chapter 1.   Executive Summary

     

    Chapter 2.   Scope Of The Study

                         2.1.   Market Definition

                         2.2.   Scope Of The Study

                                   2.2.1.   Objectives of Report

     

    Chapter 3.   Evolve BI Methodology

     

    Chapter 4.   Market Insights and Trends

                         4.1.   Supply/ Value Chain Analysis

                         4.2.   Porter’s Five Forces Analysis

                                   4.2.1.   Threat Of New Entrants

                                   4.2.2.   Bargaining Power Of Buyers

                                   4.2.3.   Bargaining Power Of Suppliers

                                   4.2.4.   Threat Of Substitutes

                                   4.2.5.   Industry Rivalry

                         4.3.   Impact of COVID-19 on Automotive Steering System Market

                                   4.3.1.   Impact on Market Size

                                   4.3.2.   Vehicle Type Trend, Preferences and Budget Impact

                                   4.3.3.   Regulatory Framework/Government Policies

                                   4.3.4.   Key Players Strategy to Tackle Negative Impact

                                   4.3.5.   Opportunity Window

     

    Chapter 5.   Market Dynamics

                         5.1.   Introduction

                         5.2.   DRO Analysis

                                   5.2.1.   Drivers

                                   5.2.2.   Restraints

                                   5.2.3.   Opportunities

     

    Chapter 6.   Global Automotive Steering System Market, By Type

                         6.1.   Introduction

                         6.2.   Column-EPS (C-EPS)

                         6.3.   Pinion-EPS (P-EPS)

                         6.4.   Rack-EPS (R-EPS)

     

    Chapter 7.   Global Automotive Steering System Market, By Component

                         7.1.   Introduction

                         7.2.   Hydraulic pump

                         7.3.   steering column

                         7.4.   Steering wheel speed sensor

                         7.5.   Electric motor

     

    Chapter 8.   Global Automotive Steering System Market, By Technology

                         8.1.   Introduction

                         8.2.   Electric power steering (EPS)

                         8.3.   Electrically assisted hydraulic power steering (EHPS)

                         8.4.   Hydraulic power steering (HPS)

     

    Chapter 9.   Global Automotive Steering System Market, By Vehicle Type

                         9.1.   Introduction

                         9.2.   Passenger car (PC)

                         9.3.   Light commercial vehicle (LCV)

                         9.4.   Heavy commercial vehicle (HCV)

     

    Chapter 10.   Global Automotive Steering System Market, By Region

                         10.1.   Introduction

                         10.2.   North America

                                   10.2.1.   Introduction

                                   10.2.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   10.2.3.   Market Size and Forecast, By Country, 2020 - 2028

                                   10.2.4.   Market Size and Forecast, By Type, 2020 - 2028

                                   10.2.5.   Market Size and Forecast, By Component, 2020 - 2028

                                   10.2.6.   Market Size and Forecast, By Technology, 2020 - 2028

                                   10.2.7.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.2.8.   US

                                                  10.2.8.1.   Introduction

                                                  10.2.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.2.8.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.2.8.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.2.8.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.2.8.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.2.9.   Canada

                                                  10.2.9.1.   Introduction

                                                  10.2.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.2.9.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.2.9.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.2.9.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.2.9.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                         10.3.   Europe

                                   10.3.1.   Introduction

                                   10.3.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   10.3.3.   Market Size and Forecast, By Country, 2020 - 2028

                                   10.3.4.   Market Size and Forecast, By Type, 2020 - 2028

                                   10.3.5.   Market Size and Forecast, By Component, 2020 - 2028

                                   10.3.6.   Market Size and Forecast, By Technology, 2020 - 2028

                                   10.3.7.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.3.8.   Germany

                                                  10.3.8.1.   Introduction

                                                  10.3.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.8.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.3.8.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.3.8.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.3.8.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.3.9.   France

                                                  10.3.9.1.   Introduction

                                                  10.3.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.9.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.3.9.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.3.9.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.3.9.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.3.10.   UK

                                                  10.3.10.1.   Introduction

                                                  10.3.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.10.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.3.10.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.3.10.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.3.10.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.3.11.   Italy

                                                  10.3.11.1.   Introduction

                                                  10.3.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.11.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.3.11.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.3.11.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.3.11.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.3.12.   Rest Of Europe

                                                  10.3.12.1.   Introduction

                                                  10.3.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.3.12.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.3.12.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.3.12.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.3.12.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                         10.4.   Asia-Pacific

                                   10.4.1.   Introduction

                                   10.4.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   10.4.3.   Market Size and Forecast, By Country, 2020 - 2028

                                   10.4.4.   Market Size and Forecast, By Type, 2020 - 2028

                                   10.4.5.   Market Size and Forecast, By Component, 2020 - 2028

                                   10.4.6.   Market Size and Forecast, By Technology, 2020 - 2028

                                   10.4.7.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.4.8.   China

                                                  10.4.8.1.   Introduction

                                                  10.4.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.8.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.4.8.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.4.8.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.4.8.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.4.9.   India

                                                  10.4.9.1.   Introduction

                                                  10.4.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.9.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.4.9.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.4.9.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.4.9.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.4.10.   Japan

                                                  10.4.10.1.   Introduction

                                                  10.4.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.10.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.4.10.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.4.10.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.4.10.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.4.11.   South Korea

                                                  10.4.11.1.   Introduction

                                                  10.4.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.11.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.4.11.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.4.11.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.4.11.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.4.12.   Rest Of Asia-Pacific

                                                  10.4.12.1.   Introduction

                                                  10.4.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.4.12.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.4.12.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.4.12.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.4.12.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                         10.5.   Rest Of The World (RoW)

                                   10.5.1.   Introduction

                                   10.5.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   10.5.3.   Market Size and Forecast, By Type, 2020 - 2028

                                   10.5.4.   Market Size and Forecast, By Component, 2020 - 2028

                                   10.5.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                   10.5.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.5.7.   Market Size and Forecast, By Region, 2020 - 2028

                                   10.5.8.   South America

                                                  10.5.8.1.   Introduction

                                                  10.5.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.5.8.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.5.8.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.5.8.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.5.8.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

                                   10.5.9.   Middle East & Afirica

                                                  10.5.9.1.   Introduction

                                                  10.5.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  10.5.9.3.   Market Size and Forecast, By Type, 2020 - 2028

                                                  10.5.9.4.   Market Size and Forecast, By Component, 2020 - 2028

                                                  10.5.9.5.   Market Size and Forecast, By Technology, 2020 - 2028

                                                  10.5.9.6.   Market Size and Forecast, By Vehicle Type, 2020 - 2028

     

    Chapter 11.   Competitive Landscape

                         11.1.   Introduction

                         11.2.   Vendor Share Analysis, 2020/Key Players Positioning, 2020

     

    Chapter 12.   Company Profiles

                         12.1.   JTEKT Corporation

                                   12.1.1.   Business Overview

                                   12.1.2.   Financial Analysis

                                   12.1.3.   Product Portfolio

                                   12.1.4.   Recent Development and Strategies Adopted

                                   12.1.5.   SWOT Analysis

                         12.2.   Robert Bosch

                                   12.2.1.   Business Overview

                                   12.2.2.   Financial Analysis

                                   12.2.3.   Product Portfolio

                                   12.2.4.   Recent Development and Strategies Adopted

                                   12.2.5.   SWOT Analysis

                         12.3.   Nexteer Automotive Group Limited

                                   12.3.1.   Business Overview

                                   12.3.2.   Financial Analysis

                                   12.3.3.   Product Portfolio

                                   12.3.4.   Recent Development and Strategies Adopted

                                   12.3.5.   SWOT Analysis

                         12.4.   China Automotive Systems Inc.

                                   12.4.1.   Business Overview

                                   12.4.2.   Financial Analysis

                                   12.4.3.   Product Portfolio

                                   12.4.4.   Recent Development and Strategies Adopted

                                   12.4.5.   SWOT Analysis

                         12.5.   Mando Corporation

                                   12.5.1.   Business Overview

                                   12.5.2.   Financial Analysis

                                   12.5.3.   Product Portfolio

                                   12.5.4.   Recent Development and Strategies Adopted

                                   12.5.5.   SWOT Analysis

                         12.6.   ThyssenKrupp Presta

                                   12.6.1.   Business Overview

                                   12.6.2.   Financial Analysis

                                   12.6.3.   Product Portfolio

                                   12.6.4.   Recent Development and Strategies Adopted

                                   12.6.5.   SWOT Analysis

                         12.7.   Showa Corporation

                                   12.7.1.   Business Overview

                                   12.7.2.   Financial Analysis

                                   12.7.3.   Product Portfolio

                                   12.7.4.   Recent Development and Strategies Adopted

                                   12.7.5.   SWOT Analysis

                         12.8.   Hyundai Mobis Co. Ltd

                                   12.8.1.   Business Overview

                                   12.8.2.   Financial Analysis

                                   12.8.3.   Product Portfolio

                                   12.8.4.   Recent Development and Strategies Adopted

                                   12.8.5.   SWOT Analysis

                         12.9.   Sona Koyo Steering Systems Ltd.

                                   12.9.1.   Business Overview

                                   12.9.2.   Financial Analysis

                                   12.9.3.   Product Portfolio

                                   12.9.4.   Recent Development and Strategies Adopted

                                   12.9.5.   SWOT Analysis

                         12.10.   NSK Ltd

                                   12.10.1.   Business Overview

                                   12.10.2.   Financial Analysis

                                   12.10.3.   Product Portfolio

                                   12.10.4.   Recent Development and Strategies Adopted

                                   12.10.5.   SWOT Analysis

     

    Chapter 13.   Key Takeaways

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