Global Automotive Steering Systems Market Fourth Quarter 2021 Update – Size, Trends, Share and Forecast


DUBLIN, December 10, 2021– (COMMERCIAL THREAD)–The “Automotive Steering Systems – Global Market Size, Trends, Actions & Forecasts, Fourth Quarter 2021 Update” the report was added to ResearchAndMarkets.com offer.

This report provides a comprehensive overview, top 14 markets, market trends, actions and forecast along with a technical summary of various technologies and brief company profiles.

For many years power steering technology focused on hydraulic systems, but demand now favors electric power steering mainly due to fuel consumption and logistical advantages. There are generally three types of electric power steering (EPS), depending on the positioning of the motor / reducer assembly: column type, pinion type and rack type. The best type for a given vehicle model depends on the particular characteristics of that model. EPS systems effectively remove the traditional hydraulic system power steering pump, hoses, hydraulic fluid, drive belt and pulley on the engine.

Specifically, the EPS offers significant advantages in terms of fuel efficiency and reduction of CO2 and greenhouse gas emissions, as the steering assistance is only provided at the request of the driver via an electric drive system independent of the motor. Since electric steering systems operate under computer control, the steering feel can be adjusted via software, allowing integration with other electronically controlled technologies such as electronic stability control brake systems. Electric steering systems are also suitable to support electric vehicle architectures. An EPS system can effectively change the assist force for steering operation based on information such as steering angle, steering angle speed, vehicle speed and acceleration and each wheel, and the yaw rate. The EPS system can therefore not only reduce the steering load, but also optimize the assist force according to the driving situation.

The main markets representing more than 98% of the world production of light vehicles are: – North America (United States, Canada and Mexico); Mercosur (Brazil and Argentina); Western Europe (Germany, Italy, France, United Kingdom, Spain, Portugal, Netherlands, Belgium, Sweden, Austria, Finland and Morocco); Central Europe (Turkey, Bulgaria, Czech Republic, Poland, Slovakia, Hungary, Romania, Serbia and Slovenia); Russia; Japan; China; India; Korea; Thailand; Other Asia; Iran; South Africa; Australia.

Scope

  • OE Automotive Steering Systems (Manual, Hydraulic, Hydraulic, Electric, Electric) and Market Size Data for Top 14 Markets *.

  • A review of the latest technological developments and market trends (including dual gear EPS systems, column mounted systems, modular steering columns, sensor technology, wheel lock mechanisms, car steering wheels) .

  • Regional vendor market share data tables and comments.

  • Exclusive interviews with OE suppliers including TRW, Prodrive, Cruden, ZF, Nexteer.

  • Updated profiles of major automotive steering system vendors including their strategies and outlook.

  • PESTER sectoral analysis (Political, Economic, Social, Technological, Environmental and Regulatory).

Reasons to buy

  • Get a quick overview of the automotive steering systems industry globally.

  • Understand the size and reach of the top 14 markets.

  • Hear directly from top companies about their strategies and plans.

  • Review the most recent and important technological developments.

  • Know the key industry trends and what drives them.

  • Spot the opportunities and threats in this industry.

  • Establish the latest business and outlook for key companies.

  • Prepare supply and demand forecasts.

  • Produce inside sales plans and forecasts.

  • Carry out a competitive intelligence.

Main topics covered:

1. Main trends in the sector

2. PESTER analysis

  • Politics

  • Economic

  • Social

  • Technological

  • Environment

  • Regulatory

3. Companies

  • China Automotive Systems Inc

  • Alliances

  • Clients

  • JTEKT Company

  • Mando Corporation

  • Nexteer Automotive

  • Nexteer’s EPS activity in China

  • NSK SA

  • Robert Bosch Automotive Steering GmbH

  • Showa Corporation

  • ThyssenKrupp AG

  • ZF Friedrichshafen AG

  • Others

4. Forecast

  • Electrically controlled hydraulic steering

  • Electric steering systems

  • Hydraulic steering

  • Manual steering – rack and pinion

  • Manual steering – recirculating balls

  • Regional assembly prices

5. Markets

  • China

  • Electric steering systems

  • Europe

  • North America

  • Where is the electrical steering industry heading?

  • Emerging Markets

  • Hydraulic steering systems

  • Japan

6. Technology

7. Archive

8. Annex

9. What is this report about?

10. Contact the publisher

11. If you have further questions regarding our research, please contact the publisher.

For more information on this report, visit https://www.researchandmarkets.com/r/8x0ymv

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211210005236/en/

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