November 24, 2020

Steering Market Size Worth US$ 48,000 Mn by 2027

According to the study carried out by Acumen Research & Consulting, the Steering market will register a 5% CAGR in terms of revenue, the global market size is likely to reach US$ 48,000 Mn by 2027

This report also covers market opportunities and strategies, risk analysis, performance and decision making and industry assessment in the Global Steering Market report. This report focuses on the market size, trends and projections from 2020-2027. The report includes facts and statistics on improvements in the business environment, technology advances, dynamics and innovations in economies, capabilities and knowledge on major players in the global Steering market. The report contains information on the latest acquisitions and the study also covers the growth of the demand for Steering in major regions globally.

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The market report on the Steering also provides figures on demand and supply, revenues and future strategies, technological trends and growth rates. The Global Steering Market report also provides 2016-2019 historical period and forecast period from 2020-2027 data together with market SWOT analysis data. The report also includes information by type, application, region and manufacturer or producer.

The epidemic has spread to almost 200 countries worldwide since the COVID-19 virus outbreak in December 2019, announcing it to have been a public health emergency by the World Health Organisation. The global implications of the 2019 coronavirus disease (COVID-19), which will impact the Steering industry by 2020, are also being observed. The outbreak of COVID-19 affected a number of aspects, such as flight cancellation, travel prohibitions and quarantine, restaurants closed, indoor events restricted, state of emergency declared for over forty countries, massive slowing of supply chain, stock market volatility, reduced business confidence, increased public panic and future uncertainty.

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Market Participants

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.

Market Segmentation

Steering Market By Component

Electric motor

Hydraulic Pump

Steering Column

Steering Wheel Speed Sensor

Steering Market By Technology

Manual

Hydraulic Power Steering (HPS)

Electro-Hydraulic Power Steering (EHPS)

Electronic Power Steering (EPS)

C-EPS

P-EPS

R-EPS

Steering Market By Vehicle Type

Passenger Car

Light Commercial Vehicle

Heavy Commercial Vehicle

Steering Market By Geography

North America

  • U.S
  • Canada

Europe

  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

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

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