Automotive Steering Systems Market Trends, Size, Share, Growth and Forecast 2017 to 2022

Market Scenario:
Steering is the connection point between car and driver. It provides control and the feel of the road and plays a key role in the vehicle’s personality and performance. Increasing demand for driving comfort & fuel efficient vehicle from the consumers are the primary driving factors of the Automotive Steering System Market. In addition, factors such as increasing vehicle production globally are also the driving factor for the Automotive Steering System Market. However high cost of system, restraint the Automotive Steering System Market.

Thus the Automotive Steering Systems Market is expected to register a CAGR of about 6%.

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Study Objectives of Automotive Steering Systems Market:

  • To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Global Automotive Steering Systems Market
  • To provide insights about factors affecting the market growth
  • To Analyze the Global Automotive Steering Systems Market based on various factors such as supply chain analysis, and Porter’s five force analysis
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segments by Vehicle Type, and by Steering System, by Components and by End market.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Automotive Steering Systems Market.

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Key Players:
The leading players in the Automotive Steering Systems Markets are Mitsubishi Electric Corporation (Japan), TRW Automotive Holdings (U.S.), Sona Koyo Steering System Ltd. (India), JTEKT Corporation (Japan), Robert Bosch Automotive Steering Gmbh (Germany), Nexteer Automotive (U.S.), China Automotive System Inc. (China), and Thyssenkrupp Presta AG Aktiengesellschaft (U.S.).

Intended Audience:

  • Automotive Steering Systems manufacturers
  • Distributer & Supplier companies
  • consultants and Investment bankers
  • Government as well as Independent Regulatory Authorities

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