Auto Industry News
Auto Bailout News
Auto Magazines
Auto Show News
Car Dealers News
|
Home | Automotive News | Submit Press Release |
(I-AutoNewsWire.com, March 27, 2017 ) According to Publisher, the Global Automotive Steering Market system is accounted for $26.19 billion in 2015 and is expected to reach $41.8 billion by 2022 growing at a CAGR of 6.90 % from 2015 to 2022. The rising demand for automobile sector is the primary factor favouring the market. Furthermore, increasing demand for vehicles, investment in research & development by market leaders are drivers for the Automotive Steering market system. However, rising fuel prices has led the consumers to go for more fuel efficient vehicles is the major restraint hampering the market growth. Some of the recent trends in Automotive Steering market system are convention rigid steering system and flexible power assisted steering systems. Electro-hydraulic power steering segment is expected to have more shares due to the combined benefits of both electronic power steering and hydraulic power steering being provided by this segment. Europe accounted for the largest market share in the automotive steering systems followed by North America, Asia Pacific and Rest of the World (RoW). Some of the key players in the market include Jtekt Corporation, Robert Bosch GmbH, ZF Friedrichshafen AG, NSK Ltd., Nexteer Automotive Group Ltd, Hitachi Ltd., Mando Corp., Thyssenkrupp AG, Showa Corporation, The Sona Group, TRW Automotive Holding, Mitsubishi Electric Corporation, Hyundai Mobis Co. Ltd, China Automotive Systems Inc. and YAZAKI corporation.
For more information http://www.reportsweb.com/automotive-steering-system-global-market-outlook-2015-2022 .
Types Covered:
- Manual Steering System - Hydraulic Power Steering (HPS) System - Electro-Hydraulic Power Steering (EHPS) System - Electric Power Steering (EPS) System
Key Components Covered:
- Hydraulic Pump - Power Steering Column - Steering Wheel Speed Sensor - Electric Motor Safety Features Covered: - Anti-Lock Braking System (ABS) - Electronic Stability Control/Program (ESC/ESP) Electric Power Steering Type Covered: - Column Assist Electric Power Steering (C-EPS) - Pinion Assist Electric Power Steering (P-EPS) - Rack Assist Electric Power Steering (R-EPS)
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001216330/sample
Regions Covered: - North America - US - Canada - Mexico - Europe - Germany - France - Italy - UK - Spain - Rest of Europe - Asia Pacific - Japan - China - India - Australia - New Zealand - Rest of Asia Pacific - Rest of the World - Middle East - Brazil - Argentina - South Africa - Egypt
11 Company Profiling 11.1 Jtekt Corporation 11.2 Robert Bosch GmbH 11.3 ZF Friedrichshafen AG 11.4 NSK Ltd. 11.5 Nexteer Automotive Group Ltd. 11.6 Hitachi Ltd. 11.7 Mando Corp. 11.8 Thyssenkrupp AG 11.9 Showa Corporation 11.10 The Sona Group 11.11 TRW Automotive Holdings 11.12 Mitsubishi Electric Corporation 11.13 Hyundai Mobis Co. Ltd 11.14 China Automotive Systems Inc. 11.15 YAZAKI corporation
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001216330/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
|