Steering Columns System Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
315599 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Steering Columns System market including various factors related to and dependent influencing the market growth.
Steering Columns System is a device intended primarily for connecting the steering wheel to the steering mechanism or transferring the drivers input torque from the steering wheel. The steering column consists of a collapsible housing containing a collapsible rotating shaft. The steering column is connected to the input shaft of the steering gear by a flexible joint. This allows the alignment, and reduces the transmission of road shocks back to the driver. Some of the steering columns have an intermediate shaft, which runs at about an oblique angle, from the column to the steering gear. Some manufacturers fit sensors and control units to the steering column, that provide information to steering control modules as part of an electric assisted or 4-wheel steering system.
In the last several years, Global market of Steering Columns System developed smoothly, with an average growth rate of 3%. In 2015, Global revenue of Steering Columns System is nearly 13.5 billion USD; the actual production is about 96000 K units.
The global average price of Steering Columns System is in the decreasing trend, from 147.8 USD/Unit in 2011 to 141.0 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Steering Columns System includes Manually Adjustable, Non-adjustable and Electrically Adjustable. The production proportion of Manually Adjustable Steering Columns System in 2015 is about 66%.
Global Steering Columns System market size will reach 15700 million US$ by 2030, from 14200 million US$ in 2020, at a CAGR of 1.3% during the forecast period. In this study, 2022 has been considered as the base year and 2023-2030 as the forecast period to estimate the market size for Steering Columns System.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Steering Columns System market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Steering Columns System market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Steering Columns System market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Steering Columns System Market: The major competitors working in the market are:
, Bosch, JTEKT, Nexteer, ThyssenKrupp, TRW, NSK, Mando, Schaeffler, Continental, Fuji Kiko, Showa, Namyang, Henglong, Coram Group, Yamada
Market by Order Type
Non-adjustable Steering Columns
Manually Adjustable Steering Columns
Electrically Adjustable Steering Columns
Steering Columns System Data by Application
Passenger Vehicle
Commercial Vehicle
Steering Columns System Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
The information about the Steering Columns System market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Steering Columns System Market Report:
To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
To provide an in-depth analysis of the Steering Columns System market with information on various segment and sub-segments
To provide a regional analysis and global analysis for the Steering Columns System market size and their forecasts
To provide strategic profiles of the key players operating in the Steering Columns System market, their key competencies, and market competition
To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
The impact of COVID-19 pandemic on the Steering Columns System market
Target Audiences for Steering Columns System Market:
Investors
Investment Bankers
Key Consulting Companies and Advisors
Venture Capitalists
Large, Medium-sized, and Small enterprises
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