The report offers detailed coverage of Automotive Power Steering industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Power Steering by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
In automobiles, power steering is a device that helps drivers steer by augmenting steering effort of the steering wheel.
Power steering can also be engineered to provide some artificial feedback of forces acting on the steered wheels.
The report forecast global Automotive Power Steering market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Automotive Power Steering market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
China Automotive Systems (China)
Dongfeng Motor Parts And Components Group (China)
Fawer Automotive Parts (China)
GAC Component (China)
Hitachi Automotive Systems (Japan)
Hyundai WIA (Korea)
JTEKT (Japan)
Bosch (Germany)
Nexteer (USA)
Thyssenkrupp (Germany)
At the same time, we classify Automotive Power Steering according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Hydraulic Power Steering
Electric Power Steering
Others
Market by Application
Passenger Cars
Commercial Vehicles
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Power Steering market for the forecast period 2021 - 2025?
• What are the driving forces in the Automotive Power Steering market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Power Steering industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?