Automotive Power Steering Gears Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
4834 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : 99 Strategy
Automotive power steering helps the driver to steer the wheels by controlling the steering effort on the wheel. In power steering, electric motors help the steering motion instead of hydraulic systems.
The automotive power steering gears market was dominated by the passenger cars segment during 2019 and its dominance is expected to continue until the end of 2023. Approximately 75% of passenger cars use rack and pinion gear systems over other mechanisms as they help to convert rotational energy of the steering wheel into a linear motion and turn the wheels of a vehicle. Since gears based on the rack and pinion steering systems are cheaper and compact and help in gear reduction and provide more control over the vehicle, they are increasingly integrated into the gear setup of passenger cars.
APAC occupied the majority shares of the automotive power steering gears market during 2019 and the region will retain its market dominance during the next few years as well. The growing sales of passenger cars in emerging countries such as China and India will fuel the market\'s growth in the region. Moreover, the introduction of new fuel consumption standards in China aimed at reducing the carbon footprint will further drive the demand for automotive power steering gears in passenger vehicles.
The Global Automotive Power Steering Gears Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global Automotive Power Steering Gears Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
GKN
Robert Bosch
JTEKT
Nexteer Automotive
Thyssenkrupp
ZF Friedrichshafen
ATS Automation Tooling Systems
Mando
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Hydraulic Power Steering
Electric Power Steering
Other
In Market segmentation by applications :
Passenger Cars
Commercial Vehicles
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Power Steering Gears Market for the forecast period 2023-2030?
• What are the driving forces in the Automotive Power Steering Gears Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Power Steering Gears industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Automotive Power Steering Gears Market Size Growth Rate by Type (2020-2030)
1.3.2 Hydraulic Power Steering
1.3.3 Electric Power Steering
1.3.4 Other
1.4 Market Segment by Application
1.4.1 Global Automotive Power Steering Gears Market Share by Application (2020-2030)
1.4.2 Passenger Cars
1.4.3 Commercial Vehicles
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Automotive Power Steering Gears Production Value 2015-2030
2.1.2 Global Automotive Power Steering Gears Production 2015-2030
2.1.3 Global Automotive Power Steering Gears Capacity 2015-2030
2.1.4 Global Automotive Power Steering Gears Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Automotive Power Steering Gears Market Size CAGR of Key Regions
2.2.2 Global Automotive Power Steering Gears Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Automotive Power Steering Gears Capacity by Manufacturers
3.1.2 Global Automotive Power Steering Gears Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Automotive Power Steering Gears Revenue by Manufacturers (2018 - 2022)
3.2.2 Automotive Power Steering Gears Revenue Share by Manufacturers (2018 - 2022)
3.2.3 Global Automotive Power Steering Gears Market Concentration Ratio (CR5 and HHI)
3.3 Automotive Power Steering Gears Price by Manufacturers
3.4 Key Manufacturers Automotive Power Steering Gears Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Automotive Power Steering Gears Market
3.6 Key Manufacturers Automotive Power Steering Gears Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Hydraulic Power Steering Production and Production Value (2018 - 2022)
4.1.2 Electric Power Steering Production and Production Value (2018 - 2022)
4.1.3 Other Production and Production Value (2018 - 2022)
4.2 Global Automotive Power Steering Gears Production Market Share by Type
4.3 Global Automotive Power Steering Gears Production Value Market Share by Type
4.4 Automotive Power Steering Gears Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Automotive Power Steering Gears Consumption by Application
6 Production by Regions
6.1 Global Automotive Power Steering Gears Production (History Data) by Regions 2018 - 2022
6.2 Global Automotive Power Steering Gears Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Automotive Power Steering Gears Production Growth Rate 2018 - 2022
6.3.2 United States Automotive Power Steering Gears Production Value Growth Rate 2018 - 2022
6.3.3 Key Players in United States
6.3.4 United States Automotive Power Steering Gears Import & Export
6.4 European Union
6.4.1 European Union Automotive Power Steering Gears Production Growth Rate 2018 - 2022
6.4.2 European Union Automotive Power Steering Gears Production Value Growth Rate 2018 - 2022
6.4.3 Key Players in European Union
6.4.4 European Union Automotive Power Steering Gears Import & Export
6.5 China
6.5.1 China Automotive Power Steering Gears Production Growth Rate 2018 - 2022
6.5.2 China Automotive Power Steering Gears Production Value Growth Rate 2018 - 2022
6.5.3 Key Players in China
6.5.4 China Automotive Power Steering Gears Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Automotive Power Steering Gears Consumption by Regions
7.1 Global Automotive Power Steering Gears Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Automotive Power Steering Gears Consumption by Type
7.2.2 United States Automotive Power Steering Gears Consumption by Application
7.3 European Union
7.3.1 European Union Automotive Power Steering Gears Consumption by Type
7.3.2 European Union Automotive Power Steering Gears Consumption by Application
7.4 China
7.4.1 China Automotive Power Steering Gears Consumption by Type
7.4.2 China Automotive Power Steering Gears Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Automotive Power Steering Gears Consumption by Type
7.5.2 Rest of World Automotive Power Steering Gears Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 GKN
8.1.1 GKN Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Automotive Power Steering Gears
8.1.4 Automotive Power Steering Gears Product Introduction
8.1.5 GKN Recent Development
8.2 Robert Bosch
8.2.1 Robert Bosch Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Automotive Power Steering Gears
8.2.4 Automotive Power Steering Gears Product Introduction
8.2.5 Robert Bosch Recent Development
8.3 JTEKT
8.3.1 JTEKT Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Automotive Power Steering Gears
8.3.4 Automotive Power Steering Gears Product Introduction
8.3.5 JTEKT Recent Development
8.4 Nexteer Automotive
8.4.1 Nexteer Automotive Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Automotive Power Steering Gears
8.4.4 Automotive Power Steering Gears Product Introduction
8.4.5 Nexteer Automotive Recent Development
8.5 Thyssenkrupp
8.5.1 Thyssenkrupp Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Automotive Power Steering Gears
8.5.4 Automotive Power Steering Gears Product Introduction
8.5.5 Thyssenkrupp Recent Development
8.6 ZF Friedrichshafen
8.6.1 ZF Friedrichshafen Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Automotive Power Steering Gears
8.6.4 Automotive Power Steering Gears Product Introduction
8.6.5 ZF Friedrichshafen Recent Development
8.7 ATS Automation Tooling Systems
8.7.1 ATS Automation Tooling Systems Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Automotive Power Steering Gears
8.7.4 Automotive Power Steering Gears Product Introduction
8.7.5 ATS Automation Tooling Systems Recent Development
8.8 Mando
8.8.1 Mando Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Automotive Power Steering Gears
8.8.4 Automotive Power Steering Gears Product Introduction
8.8.5 Mando Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Automotive Power Steering Gears Capacity, Production Forecast 2020-2030
9.1.2 Global Automotive Power Steering Gears Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Automotive Power Steering Gears Production and Value Forecast by Regions 2020-2030
9.2.2 Global Automotive Power Steering Gears Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Automotive Power Steering Gears Production Forecast by Type
9.7.2 Global Automotive Power Steering Gears Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Automotive Power Steering Gears Sales Channels
10.2.2 Automotive Power Steering Gears Distributors
10.3 Automotive Power Steering Gears Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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