The new research report on Automotive Steering System Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2021.
Get FREE Sample Report Copy @ http://www.decisiondatabases.com/contact/download-sample-449
Automotive steering system is an arrangement of inter linked gears called pinion and worm by which reciprocating motion is obtained using rotational motion i.e. through means of steering wheel which enables the automobile to take turns on curvy roads. In modern advanced automobiles rack and pinion steering system is used, but in heavy equipment automobiles hydraulic steering systems are used which are efficient and reduces the driver’s effort. Many advances have been done in automobile steering systems considering the various safety factors, focusing on developing fuel-efficient systems due to continuous rise in fuel prices and considering other emergency factors.
This report examines the global automotive steering system market and provides information regarding the revenue (USD Million) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
Highlighted below are some prominent market drivers and restraints:
A. Market Drivers
> Growth of automotive sector in emerging markets
> Increasing demand for fuel-efficient vehicles
> Better road feedback
> Fuel efficient
B. Market Restraints
> High cost of EPS system
Report includes a detailed analysis on value chain in order to provide a holistic view of the automotive steering system market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the automotive steering system market industry, from raw material suppliers to end-users.
The report covers following company profiles (can be customized as per requirement):
TRW Automotive Holdings
Mitsubishi Electric Corporation
Hyundai Mobis Co. Ltd.
Sona Koyo Steering Systems Ltd.
Robert Bosch Automotive Steering GmbH
Thyssenkrupp Presta AG
China Automotive Systems Inc.
ZF Friedrichshafen Manufacturing Company
See the complete TOC and segmentations @ http://www.decisiondatabases.com/ip/449-automotive-steering-system-market-report
In terms of geography, the automotive steering system market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
SEGMENTATIONS IN REPORT:
1. By Vehicle Type:
> Heavy Commercial Vehicle (HCV)
> Light Commercial Vehicle (LCV)
> Passenger Vehicle
2. By Steering Type:
> Electronic Power Steering (EPS)
> Electro-Hydraulic Power Steering (EHPS)
> Hydraulic Power Steering (HPS)
3. By Geography:
> Asia Pacific
> North America
> Latin America
> Middle East And Africa
Purchase Complete Global Automotive Steering System Market Research Report At: http://www.decisiondatabases.com/contact/buy-now-449
DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.
Follow us on LinkedIn for our latest upcoming reports – https://www.linkedin.com/company/decisiondatabases-com