Market Overview:
The global steering column bearings 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% during the forecast period. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global steering column bearings market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into line steering column bearing, angle steering column bearing, and other types. The line steering column bearing segment is expected to account for a major share of the global steering column bearings market in 2018 owing to its widespread use in passenger vehicles across different regions. On the basis of application,the global Steering Column Bearings Market has been divided into passenger vehicle and commercial vehicle segments. The passenger vehicle segment is anticipated to hold a dominant position in terms of revenue contribution throughoutthe forecast period owingto rising demand for luxury carsand SUVsacross different regions worldwide .
Product Definition:
The bearings in a steering column allow it to rotate freely and without friction. They are typically made of brass or bronze and can be lubricated with grease or oil. Over time, the bearings can wear out, causing the steering column to become difficult to turn. Replacing the bearings is a relatively easy task that most mechanics can do.
Line Steering Column Bearing:
Line steering column bearing is a type of steering column that has two bearings, one at the front end of the steering wheel and another at its rear end. The line or cable steered columns were most commonly used in automobiles but are now being used in some personal computers as well.
Global Steering Column Bearings Market Size, Share & Trends Analysis Report By Application (Automotive, Aerospace & Defense), By Region (North America [U.S.
Angle Steering Column Bearing:
Angle steering column bearing is used in steering column bearings to support the steering wheel and its holder. It is a cylindrical component that has an inner race, which is normally made of steel or other metal alloy material, and an outer race machined from aluminum or other lightweight material. The two races are separated by a grease-filled gap that allows free movement of the wheel but prevents the rotation of the shaft.
Application Insights:
The commercial vehicle segment held the largest share of over 60.0% in 2017. The growth can be attributed to the rising demand for trucks, buses and other forms of passenger vehicles in developing countries such as India, China and Brazil. In addition, growing adoption of electric vehicles is expected to reduce the overall demand for steering column bearings over the forecast period.
The passenger vehicle segment is anticipated to witness significant growth owing to increasing automobile production across emerging countries including India, Indonesia and South Korea among others.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for commercial vehicles and passenger cars, especially in China and India. In addition, rising industrial activities coupled with growing infrastructure development projects are likely to drive product demand over the coming years.
The European market was valued at USD X million in 2017 and is anticipated to grow at an estimated CAGR of XX% from 2018 to 2030 as a result of high automotive production levels across Germany, France and Italy countries as well as other Eastern European nations such as Russia that have established themselves well on account of their advanced manufacturing capabilities along with low labor costs associated with them compared to other regions around the globe thus making it an ideal location for automobile manufacturers both large.
Growth Factors:
- Increasing demand for luxury and performance cars
- Growing automotive production in developing countries
- Rising popularity of electric and hybrid vehicles
- Proliferation of autonomous driving technology
- Stringent emissions regulations
Scope Of The Report
Report Attributes
Report Details
Report Title
Steering Column Bearings Market Research Report
By Type
Line Steering Column Bearing, Angle Steering Column Bearing, Other
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
SKF, KG International, Federal-Mogul, NTN Bearing, Schaeffler, NSK, National Engineering Industries, RBC Bearings, Ingersoll-Rand, ASAHI SEIKO
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Steering Column Bearings Market Report Segments:
The global Steering Column Bearings market is segmented on the basis of:
Types
Line Steering Column Bearing, Angle Steering Column Bearing, Other
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, 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:
- SKF
- KG International
- Federal-Mogul
- NTN Bearing
- Schaeffler
- NSK
- National Engineering Industries
- RBC Bearings
- Ingersoll-Rand
- ASAHI SEIKO
Highlights of The Steering Column Bearings 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:
- Line Steering Column Bearing
- Angle Steering Column Bearing
- Other
- By Application:
- Passenger Vehicle
- 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 Steering Column Bearings 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 steering column bearings are the bearings that support and guide the steering wheel. They allow the driver to turn the wheels in a desired direction.
Some of the major companies in the steering column bearings market are SKF, KG International, Federal-Mogul, NTN Bearing, Schaeffler, NSK, National Engineering Industries, RBC Bearings, Ingersoll-Rand, ASAHI SEIKO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Steering Column Bearings 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 Steering Column Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Steering Column Bearings 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 Steering Column Bearings 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 Steering Column Bearings Market Size & Forecast, 2020-2028
4.5.1 Steering Column Bearings Market Size and Y-o-Y Growth
4.5.2 Steering Column Bearings 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 Line Steering Column Bearing
5.2.2 Angle Steering Column Bearing
5.2.3 Other
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 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steering Column Bearings 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 Steering Column Bearings 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 Line Steering Column Bearing
9.6.2 Angle Steering Column Bearing
9.6.3 Other
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 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 Line Steering Column Bearing
10.6.2 Angle Steering Column Bearing
10.6.3 Other
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 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 Line Steering Column Bearing
11.6.2 Angle Steering Column Bearing
11.6.3 Other
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 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 Line Steering Column Bearing
12.6.2 Angle Steering Column Bearing
12.6.3 Other
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 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 Line Steering Column Bearing
13.6.2 Angle Steering Column Bearing
13.6.3 Other
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 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 Steering Column Bearings Market: Competitive Dashboard
14.2 Global Steering Column Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF
14.3.2 KG International
14.3.3 Federal-Mogul
14.3.4 NTN Bearing
14.3.5 Schaeffler
14.3.6 NSK
14.3.7 National Engineering Industries
14.3.8 RBC Bearings
14.3.9 Ingersoll-Rand
14.3.10 ASAHI SEIKO
