May 27, 2019   SOURCE: BusinessWire

Global Steering System Market Analysis 2013-2019 & 2023 - Market Value & Volume Projected to Display CAGRs of 4.86% & 3.43% During 2018-2023, Respectively - ResearchAndMarkets.com

The "Global Steering System Market Report (2019 Edition) - Country Analysis by Vehicle Type, By Steering Type, By Distribution Channel, By Value, By Volume: Opportunities and Forecast (2013-2023)" report has been added to ResearchAndMarkets.com's offering.

The market has been analysed by volume (numbers), value and the number steering system installed by OEM and After Sales Market. The data has been presented for the historical period of 2013-2017 and the forecast period of 2018-2023.

According to this report, market value is projected to display a robust growth represented by a CAGR of 4.86% during 2018-2023, while volume is expected to witness a CAGR around 3.43% during forecast period. Amongst the countries, China accounts for the largest share in the global steering system market in 2017.

Over recent years, the market has been witnessing considerable growth on the back of increasing demand for automobiles in emerging and developing nations and growing number of electric vehicles. Moreover, rise in the demand for advanced feature steering for vehicles and rising per capita income has been driving the market growth of steering system globally. Further, increasing demand for convenient and fuel saving vehicle is expected to drive the market growth in forecast period.

The report has covered and analysed the potential of steering system market and provides statistics and information on market size, volume, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation.

Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the steering market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Strategic Recommendation

4. Product Overview

5. Market Dynamics

5.1 Market Trends

5.2 Market Drivers

5.3 Market Challenges

5.4 Market Risks

6. Competitive Landscape

6.1 Porter's Five Force Analysis

6.2 SWOT Analysis

7. Global Steering System Market: An Analysis

7.1 Global Steering System Market: Growth & Forecast, By Value (2013-2023)

7.2 Global Steering System Market: Growth & Forecast, By Volume (2013-2023)

7.3 Global Steering System Market - By Product Type (Manual Steering, Electric Power Steering, Hydraulic Power Steering, Electric-Hydraulic Steering System) (2013-2023)

7.4 Global Steering System Market - By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles) (2013-2023)

7.5 Global Steering System Market - By Sales Distribution (Original Equipment Manufacturer (OEM), After Market Sales) (2013-2023)

7.6 Global Steering System Market: By Regional Analysis

7.6.1 Global Steering system Market: By Regional Market Share(%) (Year 2017 & 2023)

8. Americas Steering System Market: An Analysis

9. United States Steering System Market: An Analysis

10. Canada Steering System Market: An Analysis

11. Mexico Steering System Market: An Analysis

12. Brazil Steering System Market: An Analysis

13. Rest of Americas Steering System Market: An Analysis

14. Europe Steering System Market: An Analysis

15. Germany Steering System Market: An Analysis

16. France Steering System Market: An Analysis

17. Russia Steering System Market: An Analysis

18. United Kingdom Steering System Market: An Analysis

19. Rest of Europe Steering System Market: An Analysis

20. Asia Pacific Steering System Market: An Analysis

21. China Steering System Market: An Analysis

22. Japan Steering System Market: An Analysis

23. India Steering System Market: An Analysis

24. Rest of APAC Steering System Market: An Analysis

25. Rest of the World: Middle East & Africa: An Analysis

26. Company Profiles

26.1 Robert Bosch Automotive Steering GmbH

26.2 JTEKT Corporation

26.3 ThyssenKrupp AG

26.4 Nexteer Automotive

26.5 Omron Corporation

26.6 ZF Friedrichshafen AG

26.7 China Automotive System Inc

26.8 Denso Corp.

26.9 Hyundai Mobis Co.

For more information about this report visit https://www.researchandmarkets.com/r/qpk2al