Global Automotive Steering Control Module Market 2017-2021 - Product Image

Global Automotive Steering Control Module Market 2017-2021

  • ID: 4432820
  • Report
  • Region: Global
  • 67 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Bosch
  • DENSO
  • HELLA
  • JTEKT
  • Leopold Kostal
  • Nexteer Automotive
  • MORE
About Automotive Steering Control Module

An automotive steering system assists the driver to steer the vehicle in the desired direction. Over the years, automotive steering systems have evolved from rigid mechanisms to more technologically advanced, reliable, smooth, and easy-to-use systems. Modern vehicles are equipped with advanced safety systems and advanced driver assistance systems (ADAS), such as airbags (in steering wheels), antilock braking system (ABS), adaptive cruise control (ACC), and power assist steering (PAS), to ensure smooth and safe driving and to provide enhanced directional stability and agility to the vehicle.

The analysts forecast the global automotive steering control module market to grow at a CAGR of 8.14% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive steering control module market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Automotive Steering Control Module Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch
  • DENSO
  • Nexteer Automotive
  • ZF Friedrichshafen
Other prominent vendors
  • CIE Automotive
  • Eaton
  • HELLA
  • Hyundai Mobis
  • JTEKT
  • KSR International
  • Leopold Kostal
  • Mando
  • NSK
  • Thyssenkrupp
Market drivers
  • Increasing demand for vehicles
  • For a full, detailed list, view the full report
Market challenges
  • High cost pressure faced by vendors and OEMs
  • For a full, detailed list, view the full report
Market trends
  • Growing demand for SBW technology
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Bosch
  • DENSO
  • HELLA
  • JTEKT
  • Leopold Kostal
  • Nexteer Automotive
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global automotive steering control module market segmentation by application
  • Global automotive steering control module market segmentation by passenger vehicles
  • Global automotive steering control module market segmentation by commercial vehicles
PART 07: Geographical segmentation
  • Automotive steering control module market segmentation by geography
  • Automotive steering control module market in Americas
  • Automotive steering control module market in APAC
  • Automotive steering control module market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Growing demand for SBW technology
  • Electrification of mechanical components
  • Increasing adoption of EHPS in HCVs
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Bosch
  • DENSO
  • Nexteer Automotive
  • ZF Friedrichshafen
PART 13: Appendix
  • List of abbreviations
Exhibit 01: Types of steering systems
Exhibit 02: Global automotive steering control module market segmentation
Exhibit 03: Global automotive steering control module market 2017-2021 (units in millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global automotive steering control module market segmentation by application 2016 and 2021
Exhibit 06: Global automotive steering control module market segmentation by application 2016-2021
Exhibit 07: Global automotive steering control module market segmentation by passenger vehicles 2016-2021 (units in millions)
Exhibit 08: Global electric power steering market in passenger cars 2016-2021 (units in millions)
Exhibit 09: Global automotive steering control module market segmentation by commercial vehicles 2016-2021 (in million units)
Exhibit 10: Global electric power steering market in LCVs 2016-2021 (units in millions)
Exhibit 11: Automotive steering control module market segmentation by geography 2016 and 2021
Exhibit 12: Automotive steering control module market segmentation by geography 2016-2021
Exhibit 13: Automotive steering control module market in Americas 2016-2021 (units in millions)
Exhibit 14: Electric power steering market in Americas 2016-2021 (units in millions)
Exhibit 15: Automotive steering control module market in APAC 2016-2021 (units in millions)
Exhibit 16: Electric power steering market in APAC 2016-2021 (units in millions)
Exhibit 17: Automotive steering control module market in EMEA 2016-2021 (units in millions)
Exhibit 18: Electric power steering market in EMEA 2016-2021 (units in millions)
Exhibit 19: Adoption of electronic components in vehicles 2014-2021
Exhibit 20: Bosch: Product portfolio
Exhibit 21: Bosch: Recent developments
Exhibit 22: DENSO: Product portfolio
Exhibit 23: DENSO: Recent developments
Exhibit 24: Nexteer Automotive: Product segmentation by revenue 2015
Exhibit 25: Nexteer Automotive: Geographical segmentation by revenue 2015
Exhibit 26: Nexteer Automotive: Automotive steering system product portfolio
Exhibit 27: Nexteer: Recent developments
Exhibit 28: ZF Friedrichshafen: Product portfolios
Exhibit 29: ZF Friedrichshafen: Business segmentation by sectors 2016
Exhibit 30: ZF Friedrichshafen: Business developments
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Bosch
  • DENSO
  • HELLA
  • JTEKT
  • Leopold Kostal
  • Nexteer Automotive
  • MORE
New Report Released: – Global Automotive Steering Control Module Market 2017-2021

The author of the report recognizes the following companies as the key players in the global automotive steering control module market: Bosch, DENSO, Nexteer Automotive, and ZF Friedrichshafen.

Other Prominent Vendors in the market are: CIE Automotive, Eaton, HELLA, Hyundai Mobis, JTEKT, KSR International, Leopold Kostal, Mando, NSK, and Thyssenkrupp.

Commenting on the report, an analyst from the research team said: “One trend in the market is growing demand for SBW technology. The SBW technology uses electrically connected motors to control the steering system of a vehicle. It removes the physical connection between the steering wheel and the steering system and offers efficient feedback from the steering system, and in the process makes the vehicle more fuel efficient.”

According to the report, one driver in the market is increasing demand for vehicles. The demand for passenger cars is exponentially increasing in emerging economies, such as Brazil, China, and India, due to significant economic growth and increase in the purchasing power of consumers. The growth of emerging markets and the increase in global trade activities, especially in the BRIC nations – Brazil, Russia, India, and China–, have been tremendous. China's massive catalytic fiscal packages in recent years have made it the leader among emerging markets. Over past few years, China has continued to be the world's largest automotive market. In India too, the automotive market is rapidly growing. Many automotive OEMs are entering and setting up their bases in India to tap the enormous market potential.

Further, the report states that one challenge in the market is high cost pressure faced by vendors and OEMs. The price of steering systems has risen in step with the costs of product development, designing, and maintaining steering system technologies, such as sensors and radars. Further, the prices of raw materials, such as steel, electronic components, and plastics – used to produce steering systems – have increased recently. This has forced manufacturers to reconsider their decision to adopt technologically-advanced steering systems, such as EPS and EHPS, that feature both electronic and mechanical components.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • Bosch
  • DENSO
  • Nexteer Automotive
  • ZF Friedrichshafen
  • CIE Automotive
  • Eaton
  • HELLA
  • Hyundai Mobis
  • JTEKT
  • KSR International
  • Leopold Kostal
  • Mando
  • NSK
  • Thyssenkrupp
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll