Automotive Steering System Market Scope And Analysis

Report Code : TIPAT100001344
Category : Automotive and Transportation

No. of Pages : 150

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Automotive Steering System Market Analysis, Scope, and Growth by 2031

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Automotive Steering System Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 25530.23 Million
Market Size by 2031	US$ 35754.37 Million
Global CAGR (2023 - 2031)	4.3%
Historical Data	2021-2022
Forecast period	2023-2031
Segments Covered	By Type Electronic Power Steering Hydraulic Power Steering Electro-Hydraulic Power Steering By Product Type Column Drive Rack Drive By Vehicle Type Passenger Cars Commercial Vehicles
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	China Automotive Systems Inc Nexteer Automotive Hitachi Automotive Systems Americas Inc Hyundai Mobis JTEKT Corporation Mando Corporation NSK Ltd Robert Bosch GmbH HYCET Technology Co Ltd Thyssenkrupp AG

Automotive Steering System Market News and Recent Developments

The automotive steering system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:

In Jan 2022, China Automotive Systems Inc launched a new series of EPS for BYD Auto. BYD is replacing racktype EPS of its popular high-end vehicle models with DP-EPS, and China Automotive Systems Inc was contracted to design and supply the same. The latter had already started mass production of DP-EPS and expects to deliver approximately 300,000 units annually. (Source: China Automotive Systems Inc, Press Release)

Automotive Steering System Market Report Coverage and Deliverables

The “Automotive Steering System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering the following areas:

Automotive steering system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
Market dynamics such as drivers, restraints, and key opportunities
Automotive steering system market trends
Detailed PEST/Porter’s Five Forces and SWOT analysis
Automotive steering system market analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments
Automotive steering system market landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments.
Detailed company profiles