Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Steering Knuckle & Stub Axle Market by Type (Steel Material, Aluminum Material, Alloys Material), By Application (Passenger Car, Commercial Vehicle) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Steering Knuckle & Stub Axle Market by Type (Steel Material, Aluminum Material, Alloys Material), By Application (Passenger Car, Commercial Vehicle) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 214545 3300 Automobile & Transportation 377 241 Pages 4.9 (38)
                                          

The global steering knuckle & stub axle market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of the market can be attributed to the increasing demand for passenger cars and commercial vehicles in emerging economies such as China and India, which are witnessing an increase in their GDP per capita. The increasing demand for passenger cars and commercial vehicles is also driving the growth of this market. The steel material segment accounted for over 50% share of the total market revenue in 2017, owing to its high strength and durability properties that make it suitable for heavy-duty applications such as trucks, buses, tractors, trailers etc, which are used extensively across various industries including construction industry and mining industry. The aluminum material segment is expected to grow at a CAGR of 4% during the forecast period due to its lightweight nature that makes it suitable for use in passenger cars with limited space available inside them.

Some Of The Growth Factors Of This Market:

  1. Increasing demand for light vehicles in emerging economies such as India and China is expected to drive the Steering Knuckle & Stub Axle market growth over the forecast period, 2018-2025.
  2. Increasing demand for SUVs and crossovers in developed economies such as North America and Europe is also expected to drive the Steering Knuckle & Stub Axle market growth over the forecast period, 2018-2025.
  3. The increasing number of vehicle recalls due to faulty steering knuckles has led to an increase in demand for replacement parts which will also drive the Steering Knuckle & Stub Axle market growth over the forecast period, 2018-2025 5) Increasing focus on safety features by OEMs will also lead to increased demand for steering knuckles which will further fuel the Steering Knuckle & Stub Axle market growth over the forecast period, 2018-2025.

Industry Growth Insights published a new data on “Steering Knuckle & Stub Axle Market”. The research report is titled “Steering Knuckle & Stub Axle Market research by Types (Steel Material, Aluminum Material, Alloys Material), By Applications (Passenger Car, Commercial Vehicle), By Players/Companies Teksid, Farinia, TeraFlex Suspensions, Happy Forgings, Busche Performance, Jikasu Engineering, MAG IAS, ATTC Manufacturing, Sakthi Auto, NINGBO SAP STEERING SYSTEM”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Steering Knuckle & Stub Axle Market Research Report

By Type

Steel Material, Aluminum Material, Alloys Material

By Application

Passenger Car, Commercial Vehicle

By Companies

Teksid, Farinia, TeraFlex Suspensions, Happy Forgings, Busche Performance, Jikasu Engineering, MAG IAS, ATTC Manufacturing, Sakthi Auto, NINGBO SAP STEERING SYSTEM

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

241

Number of Tables & Figures

169

Customization Available

Yes, the report can be customized as per your need.


Global Steering Knuckle & Stub Axle Industry Outlook


Global Steering Knuckle & Stub Axle Market Report Segments:

The global Steering Knuckle & Stub Axle market is segmented on the basis of:

Types

Steel Material, Aluminum Material, Alloys Material

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 Car, 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:

  1. Teksid
  2. Farinia
  3. TeraFlex Suspensions
  4. Happy Forgings
  5. Busche Performance
  6. Jikasu Engineering
  7. MAG IAS
  8. ATTC Manufacturing
  9. Sakthi Auto
  10. NINGBO SAP STEERING SYSTEM

Global Steering Knuckle & Stub Axle Market Overview


Highlights of The Steering Knuckle & Stub Axle Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Steel Material
    2. Aluminum Material
    3. Alloys Material
  1. By Application:

    1. Passenger Car
    2. Commercial Vehicle
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Steering Knuckle & Stub Axle 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

Global Steering Knuckle & Stub Axle Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A steering knuckle is a metal or plastic piece that attaches to the front of the vehicle's axle and helps guide it in a straight line. A stub axle is an assembly of several parts that connects the steering knuckle to the vehicle's frame, providing more stability when turning.

Some of the major players in the steering knuckle & stub axle market are Teksid, Farinia, TeraFlex Suspensions, Happy Forgings, Busche Performance, Jikasu Engineering, MAG IAS, ATTC Manufacturing, Sakthi Auto, NINGBO SAP STEERING SYSTEM.

The steering knuckle & stub axle market is expected to grow at a compound annual growth rate of 3.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Steering Knuckle & Stub Axle Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Steering Knuckle & Stub Axle Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Steering Knuckle & Stub Axle Market - Supply Chain
   4.5. Global Steering Knuckle & Stub Axle Market Forecast
      4.5.1. Steering Knuckle & Stub Axle Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Steering Knuckle & Stub Axle Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Steering Knuckle & Stub Axle Market Absolute $ Opportunity

5. Global Steering Knuckle & Stub Axle Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Steering Knuckle & Stub Axle Market Size and Volume Forecast by Type
      5.3.1. Steel Material
      5.3.2. Aluminum Material
      5.3.3. Alloys Material
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Steering Knuckle & Stub Axle Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Steering Knuckle & Stub Axle Market Size and Volume Forecast by Application
      6.3.1. Passenger Car
      6.3.2. Commercial Vehicle
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Steering Knuckle & Stub Axle Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Steering Knuckle & Stub Axle Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Steering Knuckle & Stub Axle Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Steering Knuckle & Stub Axle Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Steering Knuckle & Stub Axle Demand Share Forecast, 2019-2026

9. North America Steering Knuckle & Stub Axle Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Steering Knuckle & Stub Axle Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Steering Knuckle & Stub Axle Market Size and Volume Forecast by Application
      9.4.1. Passenger Car
      9.4.2. Commercial Vehicle
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Steering Knuckle & Stub Axle Market Size and Volume Forecast by Type
      9.7.1. Steel Material
      9.7.2. Aluminum Material
      9.7.3. Alloys Material
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Steering Knuckle & Stub Axle Demand Share Forecast, 2019-2026

10. Latin America Steering Knuckle & Stub Axle Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Steering Knuckle & Stub Axle Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Steering Knuckle & Stub Axle Market Size and Volume Forecast by Application
      10.4.1. Passenger Car
      10.4.2. Commercial Vehicle
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Steering Knuckle & Stub Axle Market Size and Volume Forecast by Type
      10.7.1. Steel Material
      10.7.2. Aluminum Material
      10.7.3. Alloys Material
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Steering Knuckle & Stub Axle Demand Share Forecast, 2019-2026

11. Europe Steering Knuckle & Stub Axle Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Steering Knuckle & Stub Axle Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Steering Knuckle & Stub Axle Market Size and Volume Forecast by Application
      11.4.1. Passenger Car
      11.4.2. Commercial Vehicle
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Steering Knuckle & Stub Axle Market Size and Volume Forecast by Type
      11.7.1. Steel Material
      11.7.2. Aluminum Material
      11.7.3. Alloys Material
   11.8. Basis Point Share (BPS) Analsis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Steering Knuckle & Stub Axle Demand Share, 2019-2026

12. Asia Pacific Steering Knuckle & Stub Axle Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Steering Knuckle & Stub Axle Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Steering Knuckle & Stub Axle Market Size and Volume Forecast by Application
      12.4.1. Passenger Car
      12.4.2. Commercial Vehicle
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Steering Knuckle & Stub Axle Market Size and Volume Forecast by Type
      12.7.1. Steel Material
      12.7.2. Aluminum Material
      12.7.3. Alloys Material
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Steering Knuckle & Stub Axle Demand Share, 2019-2026

13. Middle East & Africa Steering Knuckle & Stub Axle Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Steering Knuckle & Stub Axle Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Steering Knuckle & Stub Axle Market Size and Volume Forecast by Application
      13.4.1. Passenger Car
      13.4.2. Commercial Vehicle
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Steering Knuckle & Stub Axle Market Size and Volume Forecast by Type
      13.7.1. Steel Material
      13.7.2. Aluminum Material
      13.7.3. Alloys Material
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Steering Knuckle & Stub Axle Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Steering Knuckle & Stub Axle Market: Market Share Analysis
   14.2. Steering Knuckle & Stub Axle Distributors and Customers
   14.3. Steering Knuckle & Stub Axle Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Teksid
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Farinia
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. TeraFlex Suspensions
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Happy Forgings
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Busche Performance
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Jikasu Engineering
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. MAG IAS
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. ATTC Manufacturing
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Sakthi Auto
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. NINGBO SAP STEERING SYSTEM
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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