Market Overview:
The global direct adaptive steering market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to reach US$ 7,711.5 Mn by 2030, registering a CAGR of 16.4% from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe.
Product Definition:
Direct Adaptive Steering is a steer-by-wire system that electronically controls the steering wheel angle. The importance of Direct Adaptive Steering is that it provides better handling and fuel economy than traditional hydraulic systems.
PE-Steering:
PE-steering is a combination of power steering and assistance system. It uses the hydraulic power from the engine to assist in moving the steering wheel. The system can be switched on/off according to driver’s requirement.
The major advantage of this technology is that it reduces driver effort, which makes driving easier and more comfortable for long duration drive; thus increasing vehicle safety as well as reducing fuel consumption significantly.
BM-Steering:
BM-steering is a steering system that uses both braking and momentum to steer the vehicle. It's an innovative solution for vehicles with manual steering systems. The momentum is generated by the front wheels while braking through the use of friction, which in turn helps to turn the vehicle.
The market size for direct adaptive Steering (DAS) was valued at USD 3,15 billion in 2015.
Application Insights:
Passenger vehicle was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. Adaptive Steering System (ASS) for passenger vehicles uses a combination of gyros, Global Positioning Systems, and other sensors to enable maneuvering at high speeds on roads with sharp turns by using the vehicle¢â‚¬â„¢s own momentum as a guide. The technology helps reduce driver fatigue by keeping the car pointed in a straight path even when steering wheel is turned slightly.
Heavy Commercial Vehicle (HCV) segment is estimated to register highest CAGR over the forecast period owing to increased safety requirements for large trucks on highways. Adaptive Steering System HCV provides enhanced safety features such as lane departure warning system, which alerts drivers about their attention wandering off from road while driving through an HCV adaptive steering system equipped car display messages regarding same thus improving overall driving experience significantly across all three aforementioned regions globally.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand for advanced driver assistance systems (ADAS) and active safety technologies. China, Japan, South Korea, India and Australia are some of the major countries that have exhibited high product demand due to rising consumer awareness regarding road safety issues.
North America is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to growing adoption by U.S.-based manufacturers as well as original equipment manufacturers (OEMs). Moreover, stringent government regulations pertaining road traffic accidents are also driving this regional market growth over the forecast period.
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Rising demand for advanced safety features in automobiles
- Growing popularity of autonomous cars and driverless technology
- Proliferation of electric vehicles and hybrid cars
- Advances in artificial intelligence and machine learning
Scope Of The Report
Report Attributes
Report Details
Report Title
Direct Adaptive Steering Market Research Report
By Type
PE-Steering, BM-Steering
By Application
Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle
By Companies
Bosch, JTEKT, NSK, Nexteer, ZF TRW, Mobis, Showa, Thyssenkrupp, Mando, Nissan, Bosch
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Direct Adaptive Steering Market Report Segments:
The global Direct Adaptive Steering market is segmented on the basis of:
Types
PE-Steering, BM-Steering
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 Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle
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
- NSK
- Nexteer
- ZF TRW
- Mobis
- Showa
- Thyssenkrupp
- Mando
- Nissan
- Bosch
Highlights of The Direct Adaptive Steering 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:
- PE-Steering
- BM-Steering
- By Application:
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- 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 Direct Adaptive Steering 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Direct adaptive steering is a type of electronic stability control that uses sensors to measure the vehicle's yaw, pitch and roll angles. This information is then used to calculate a corrective steering input.
Some of the key players operating in the direct adaptive steering market are Bosch, JTEKT, NSK, Nexteer, ZF TRW, Mobis, Showa, Thyssenkrupp, Mando, Nissan, Bosch.
The direct adaptive steering market is expected to register a CAGR of 16.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Direct Adaptive Steering 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 Direct Adaptive Steering Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Direct Adaptive Steering 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 Direct Adaptive Steering 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 Direct Adaptive Steering Market Size & Forecast, 2020-2028
4.5.1 Direct Adaptive Steering Market Size and Y-o-Y Growth
4.5.2 Direct Adaptive Steering Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 PE-Steering
5.2.2 BM-Steering
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Light Commercial Vehicle
6.2.3 Heavy Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Direct Adaptive Steering 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 Direct Adaptive Steering 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 PE-Steering
9.6.2 BM-Steering
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 Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Light Commercial Vehicle
9.10.3 Heavy Commercial Vehicle
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 PE-Steering
10.6.2 BM-Steering
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 Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Light Commercial Vehicle
10.10.3 Heavy Commercial Vehicle
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 PE-Steering
11.6.2 BM-Steering
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 Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Light Commercial Vehicle
11.10.3 Heavy Commercial Vehicle
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 PE-Steering
12.6.2 BM-Steering
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 Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Light Commercial Vehicle
12.10.3 Heavy Commercial Vehicle
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 PE-Steering
13.6.2 BM-Steering
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) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Light Commercial Vehicle
13.10.3 Heavy Commercial Vehicle
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 Direct Adaptive Steering Market: Competitive Dashboard
14.2 Global Direct Adaptive Steering 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 NSK
14.3.4 Nexteer
14.3.5 ZF TRW
14.3.6 Mobis
14.3.7 Showa
14.3.8 Thyssenkrupp
14.3.9 Mando
14.3.10 Nissan
14.3.11 Bosch
