Market Overview:
The global automotive steering columns system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global automotive steering columns system market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into non-adjustable steering columns, manually adjustable steering columns and electrically adjustable steering columns. Electrically adjustable steering column systems are expected to witness high growth during the forecast period owing to their ability to provide better control over vehicle movement. On the basis of application,the market has been segmented into passenger vehicles and commercial vehicles. Passenger cars are expectedto account for a larger shareof th emarket in terms of value duringthe forecast period owingto rising demand for luxury cars across different regions worldwide .On t he basis o f region ,t he m arket ha sbeen segmen ted int o North America ,Latin America ,Europe Asia Pacific an d Middle East & Africa .
Product Definition:
An automotive steering column is a system that connects the steering wheel to the car's front wheels. It allows the driver to control the direction of travel.
Non-adjustable Steering Columns:
Non-adjustable steering columns are used in passenger cars, they are also used in some light commercial vehicles to provide better access to the driver. The main function of these columns is to transfer the driver's input torque from the steering wheel through a link mechanism and onto a driveshaft that is attached to the rear axle. In automobiles, it has been observed that drivers tend to over steer when applying sudden brake pressure or accelerating hard (to avoid collision).
Manually Adjustable Steering Columns:
Manually adjustable steering columns are used in automotive steering columns system. These systems are used to adjust the steering wheel position and its angle as per the user requirements. The column can be adjusted by using a hand crank or lever, which is connected to the column through a gear mechanism.
Application Insights:
The passenger vehicles segment dominated the global automotive steering columns system market in 2017 and is expected to maintain its lead over the forecast period. This can be attributed to increasing demand for passenger cars from developing countries, such as China, India and Brazil. Furthermore, technological advancements in smartphones have also played a major role in increasing usage of mobile applications for vehicle controls. As a result, consumers are preferring steerable smartphone interfaces that allow them to easily control their car's electronics with just a touch of their finger while keeping their hands free on either side of the wheel.
Commercial vehicles are expected to witness significant growth over the forecast period owing to rising demand for trucks and buses from various industries around the world including mining (for moving heavy loads), construction (for carrying building materials) and agriculture (to transport farm produce). Moreover, governments worldwide are investing significantly in improving road infrastructure across commercial sectors such as logistics/warehousing/factory automation which is further anticipated to drive product demand over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The region is expected to continue its dominance over the forecast period owing to increasing sales of passenger vehicles and rising adoption by OEMs. Increasing disposable income, coupled with growing demand for luxury cars, is also likely to have a positive impact on the regional market growth. Moreover, government initiatives encouraging people from rural areas to move into urban cities are anticipated to fuel automobile sales across Asia Pacific countries such as China and India over the coming years.
Europe accounted for more than 20% share of overall revenue in 2017 due primarily increase sale levels of premium segment cars such as Mercedes Benz S-Class and BMW 7 Series within Europe region itself along with other high performance luxury vehicles exported globally from European countries particularly Germany). Additionally, presence major auto manufacturers including Volkswagen Group; BMW AG; Daimler AG; AUDI AG (all German); Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for luxury and comfort vehicles
- Growing automotive industry in developing countries
- Technological advancements in steering columns system
- Stringent safety norms by regulatory authorities
- Rising disposable income of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Steering Columns System Market Research Report
By Type
Non-adjustable Steering Columns, Manually Adjustable Steering Columns, Electrically Adjustable Steering Columns
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Bosch, JTEKT, Nexteer, ThyssenKrupp, TRW, NSK, Mando, Schaeffler, Continental, Fuji Kiko, Bosch, Namyang, Henglong, Coram Group, Yamada
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Steering Columns System Market Report Segments:
The global Automotive Steering Columns System market is segmented on the basis of:
Types
Non-adjustable Steering Columns, Manually Adjustable Steering Columns, Electrically Adjustable Steering Columns
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- JTEKT
- Nexteer
- ThyssenKrupp
- TRW
- NSK
- Mando
- Schaeffler
- Continental
- Fuji Kiko
- Bosch
- Namyang
- Henglong
- Coram Group
- Yamada
Highlights of The Automotive Steering Columns System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-adjustable Steering Columns
- Manually Adjustable Steering Columns
- Electrically Adjustable Steering Columns
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Steering Columns System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The automotive steering columns system is a group of interconnected components that allow the vehicle to move in a straight line. The system includes the steering wheel, the column, and the gearbox.
Some of the major companies in the automotive steering columns system market are Bosch, JTEKT, Nexteer, ThyssenKrupp, TRW, NSK, Mando, Schaeffler, Continental, Fuji Kiko, Bosch, Namyang, Henglong, Coram Group, Yamada.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Steering Columns System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Steering Columns System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Steering Columns System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Steering Columns System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Steering Columns System Market Size & Forecast, 2018-2028
4.5.1 Automotive Steering Columns System Market Size and Y-o-Y Growth
4.5.2 Automotive Steering Columns System Market Absolute $ Opportunity
Chapter 5 Global Automotive Steering Columns System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Steering Columns System Market Size Forecast by Type
5.2.1 Non-adjustable Steering Columns
5.2.2 Manually Adjustable Steering Columns
5.2.3 Electrically Adjustable Steering Columns
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Steering Columns System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Steering Columns System Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Steering Columns System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Steering Columns System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Steering Columns System Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Steering Columns System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Steering Columns System Market Size Forecast by Type
9.6.1 Non-adjustable Steering Columns
9.6.2 Manually Adjustable Steering Columns
9.6.3 Electrically Adjustable Steering Columns
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Steering Columns System Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Steering Columns System Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Steering Columns System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Steering Columns System Market Size Forecast by Type
10.6.1 Non-adjustable Steering Columns
10.6.2 Manually Adjustable Steering Columns
10.6.3 Electrically Adjustable Steering Columns
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Steering Columns System Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Steering Columns System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Steering Columns System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Steering Columns System Market Size Forecast by Type
11.6.1 Non-adjustable Steering Columns
11.6.2 Manually Adjustable Steering Columns
11.6.3 Electrically Adjustable Steering Columns
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Steering Columns System Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Steering Columns System Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Steering Columns System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Steering Columns System Market Size Forecast by Type
12.6.1 Non-adjustable Steering Columns
12.6.2 Manually Adjustable Steering Columns
12.6.3 Electrically Adjustable Steering Columns
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Steering Columns System Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Steering Columns System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Steering Columns System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Steering Columns System Market Size Forecast by Type
13.6.1 Non-adjustable Steering Columns
13.6.2 Manually Adjustable Steering Columns
13.6.3 Electrically Adjustable Steering Columns
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Steering Columns System Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Steering Columns System Market: Competitive Dashboard
14.2 Global Automotive Steering Columns System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 JTEKT
14.3.3 Nexteer
14.3.4 ThyssenKrupp
14.3.5 TRW
14.3.6 NSK
14.3.7 Mando
14.3.8 Schaeffler
14.3.9 Continental
14.3.10 Fuji Kiko
14.3.11 Bosch
14.3.12 Namyang
14.3.13 Henglong
14.3.14 Coram Group
14.3.15 Yamada
