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Follow on Google News | Global Automotive Steering Market with Focus on Hydraulic & Electric Power Steering: 2016-2020The Global Automotive Steering Market with Focus on Hydraulic & Electric Power Steering report provides detailed regional analysis of Europe, China and the United States.
By: Daedal Research The regional analysis of the automotive steering markets includes market size by value along with the analysis of each segment of the market. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global automotive steering market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The competition in the global automotive steering market is stiff and dominated by the big players like JTEKT Corporation. Further, key players of the market ZF Group and NSK Ltd., are also profiled with their financial information and respective business strategies. Country Coverage Europe China United States Company Coverage JTEKT Corporation ZF Friedrichshafen AG NSK Ltd. Executive Summary The global automotive steering market witnessed an upsurge at a significant CAGR during the span of 5 years, i.e., 2010-2015 and projections are made that the market would rise in the next five years i.e. 2016-2020 tremendously. The market is spread across Asia Pacific, North America, Europe, and the rest of the World. Among these regions, Europe held the largest share, followed by China and the United States. The automotive steering market can be segmented on the basis of types of steering into power steering and manual steering system. Power steering systems can be further categorized into electric power steering (EPS) and hydraulic power steering (HPS) system. The market is led by the EPS system due to its various advantages over HPS systems and manual steering systems. The latest technology in the power assisted steering system is the combination of electric and hydraulic technology of power steering, which is called electronic hydraulic power steering (EHPS) system. Though, the demand for EHPS is expected to decline during the forecasted period, posing a challenge for the automotive steering market. The major growth drivers for the global automotive steering market are: upsurge in the sales of passenger vehicles, fuel prices & demand for fuel efficient cars and expected increase in the demand for electric power steering systems. Despite the market is governed by various growth drivers, there are certain challenges faced by the market such as: fluctuations in the cost of raw materials and barriers to entry. Some of the recent trends in the market include steer-by-wire technology and advanced driver assistance system (ADAS). List of Figures: Figure 1: Types of Automotive Steering Mechanism Figure 2: Types of Power Steering Systems Figure 3: Global Automotive Steering Market by Value; 2010-2015 (US$ Billion) Figure 4: Global Automotive Steering Market by Value; 2016E-2020E (US$ Billion) Figure 5: Global Automotive Steering Market by Volume; 2010-2015 (Million Units) Figure 6: Global Automotive Steering Market by Segments; 2015 (%) Figure 7: Global Manual Steering Market by Value; 2010-2015 (US$ Billion) Figure 8: Global Manual Steering Market by Value; 2016E-2020E (US$ Billion) Figure 9: Global Manual Steering Market by Volume; 2010-2015 (Million Units) Figure 10: Global Hydraulic Power Steering Market by Value; 2010-2015 (US$ Billion) Figure 11: Global Hydraulic Power Steering Market by Value; 2016E-2020E (US$ Billion) Figure 12: Global Hydraulic Power Steering Market by Volume; 2010-2015 (Million Units) Figure 13: Global Electric Power Steering Market by Value; 2010-2015 (US$ Billion) Figure 14: Global Electric Power Steering Market by Value; 2016E-2020E (US$ Billion) Figure 15: Global Electric Power Steering Market by Volume; 2010-2015 (Million Units) Figure 16: Global Electric Power Steering Penetration Rate; 2010-2015 (%) Figure 17: Global Electric Power Steering Average Selling Price; 2011-2015 (US$) Figure 18: Global Automotive Steering Market by Region; 2015 (%) Figure 19: Europe Automotive Steering Market by Value; 2012-2020E (US$ Billion) Figure 20: Europe Automotive Steering Market by Segments; 2012-2020E (US$ Million) Figure 21: China Automotive Steering Market by Value; 2012-2020E (US$ Billion) Figure 22: China Automotive Steering Market by Segments; 2012-2020E (US$ Million) Figure 23: The U.S. Automotive Steering Market by Value; 2012-2020E (US$ Billion) Figure 24: The U.S. Automotive Steering Market by Segments; 2012-2020E (US$ Million) Figure 25: Global Sales of Passenger Cars by Volume; 2010-2015 (Million Units) Figure 26: Global Fuel Price per Liter; 2000-2014 (US$) Figure 27: Global Demand of Electric Power Steering by Volume; 2015-2020E (Thousand Units) Figure 28: Global Demand of Electronic Hydraulic Power Steering by Volume; 2015-2020E (Thousand Units) Figure 29: Global Automotive Steering Market by Major Players; 2014 (%) Figure 30: China Electric Power Steering Market by Major Players; 2014 (%) Figure 31: JTEKT Corporation Business Segments Figure 32: JTEKT Net Sales; 2011-2015 (US$ Billion) Figure 33: JTEKT Net Sales by Business Segments; 2014 (%) Figure 34: JTEKT Net Sales by Region; 2014 (%) Figure 35: ZF Friedrichshafen AG Business Segments Figure 36: ZF Group Net Sales; 2010-2015 (US$ Billion) Figure 37: ZF Group Net Sales by Business Segments; 2015 (%) Figure 38: ZF Group Net Sales by Region; 2015 (%) Figure 39: NSK Ltd. Net sales; 2011-2015 (US$ Billion) Figure 40: NSK Ltd. Net Sales by Business Segments; 2015 (%) Figure 41: NSK Ltd. Net Sales by Region; 2015 (%) Table 1: Characteristics of Different Types of Automotive Steering System For further details, kindly visit : http://www.daedal- Rajeev Kumar (Business Development Manager) Address: 36 SFS Flats Paschim Vihar New Delhi-110063 Mobile: +91-8743975789 Tel: +91-120-4553017 Mail ID - info@daedal- Daedal Research is a research and consulting firm specialized in providing research reports and customized business research and analysis. For more Information: http://www.daedal- End
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