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Light Vehicle Steering Market by Component (Controller, Coupling Mechanism, Electric Motor), Mode (Automatic, Non-Automatic), Technology, Type - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 183 Pages
SKU # IRE18445481

Description

Light Vehicle Steering Market by Component (Controller, Coupling Mechanism, Electric Motor), Mode (Automatic, Non-Automatic), Technology, Type - Global Forecast 2024-2030


The Light Vehicle Steering Market size was estimated at USD 11.97 billion in 2023 and expected to reach USD 12.77 billion in 2024, at a CAGR 7.21% to reach USD 19.49 billion by 2030.

Global Light Vehicle Steering Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Light Vehicle Steering Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Light Vehicle Steering Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Light Vehicle Steering Market, highlighting leading vendors and their innovative profiles. These include BorgWarner Inc., Federal-Mogul Corporation by Tenneco, Hyundai Mobis Co., Ltd., JTEKT Corporation, Knorr-Bremse AG, KYB Corporation, Mando Corp. by Halla Group, Martinrea International Inc., Mitsubishi Electric Corporation, Nexteer Automotive, NSK Ltd, NTN Corporation, Remy International, Inc., Robert Bosch GmbH, Showa Corporation, Sona Koyo Steering Systems, ThyssenKrupp AG, Trelleborg AB, and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Light Vehicle Steering Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Controller

Coupling Mechanism

Electric Motor

Rotational Angle Sensor

Torque Sensor

Vehicle Speed Sensor

Mode
Automatic

Non-Automatic

Technology
Column Mounted Systems

Dual-Pinion EPS Systems

Modular Steering Columns

Sensor Technology

Wheel-Locking Mechanisms

Type
Electric Power Steering

Electro-Hydraulic Power Steering

Hydraulic Power Steering

Manual

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Light Vehicle Steering Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Light Vehicle Steering Market?
3. What are the technology trends and regulatory frameworks in the Light Vehicle Steering Market?
4. What is the market share of the leading vendors in the Light Vehicle Steering Market?
5. Which modes and strategic moves are suitable for entering the Light Vehicle Steering Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

183 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Light Vehicle Steering Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing sales of light vehicle
5.1.1.2. Increasing need for efficient, and convenient driving experience
5.1.1.3. Increase acceptance and adoption rate of EPS and EPAS
5.1.2. Restraints
5.1.2.1. Low penetration of light vehicle in emerging economies
5.1.3. Opportunities
5.1.3.1. Intelligent steering assistance
5.1.3.2. Performance optimization through the use of scalable electric motor and control unit
5.1.3.3. Interface for assistance functions to increase safety and comfort
5.1.4. Challenges
5.1.4.1. Protection against unauthorized access
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Light Vehicle Steering Market, by Component
6.1. Introduction
6.2. Controller
6.3. Coupling Mechanism
6.4. Electric Motor
6.5. Rotational Angle Sensor
6.6. Torque Sensor
6.7. Vehicle Speed Sensor
7. Light Vehicle Steering Market, by Mode
7.1. Introduction
7.2. Automatic
7.3. Non-Automatic
8. Light Vehicle Steering Market, by Technology
8.1. Introduction
8.2. Column Mounted Systems
8.3. Dual-Pinion EPS Systems
8.4. Modular Steering Columns
8.5. Sensor Technology
8.6. Wheel-Locking Mechanisms
9. Light Vehicle Steering Market, by Type
9.1. Introduction
9.2. Electric Power Steering
9.3. Electro-Hydraulic Power Steering
9.4. Hydraulic Power Steering
9.5. Manual
10. Americas Light Vehicle Steering Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Light Vehicle Steering Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.
10. South Korea
11.
11. Taiwan
11.
12. Thailand
11.
13. Vietnam
12. Europe, Middle East & Africa Light Vehicle Steering Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.
10. Nigeria
12.
11. Norway
12.
12. Poland
12.
13. Qatar
12.
14. Russia
12.
15. Saudi Arabia
12.
16. South Africa
12.
17. Spain
12.
18. Sweden
12.
19. Switzerland
12.
20. Turkey
12.
21. United Arab Emirates
12.
22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. BorgWarner Inc.
14.1.2. Federal-Mogul Corporation by Tenneco
14.1.3. Hyundai Mobis Co., Ltd.
14.1.4. JTEKT Corporation
14.1.5. Knorr-Bremse AG
14.1.6. KYB Corporation
14.1.7. Mando Corp. by Halla Group
14.1.8. Martinrea International Inc.
14.1.9. Mitsubishi Electric Corporation
14.1.
10. Nexteer Automotive
14.1.
11. NSK Ltd
14.1.
12. NTN Corporation
14.1.
13. Remy International, Inc.
14.1.
14. Robert Bosch GmbH
14.1.
15. Showa Corporation
14.1.
16. Sona Koyo Steering Systems
14.1.
17. ThyssenKrupp AG
14.1.
18. Trelleborg AB
14.1.
19. ZF Friedrichshafen AG
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. LIGHT VEHICLE STEERING MARKET RESEARCH PROCESS
FIGURE 2. LIGHT VEHICLE STEERING MARKET SIZE, 2023 VS 2030
FIGURE 3. LIGHT VEHICLE STEERING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. LIGHT VEHICLE STEERING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. LIGHT VEHICLE STEERING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. LIGHT VEHICLE STEERING MARKET DYNAMICS
FIGURE 7. LIGHT VEHICLE STEERING MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. LIGHT VEHICLE STEERING MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. LIGHT VEHICLE STEERING MARKET SIZE, BY MODE, 2023 VS 2030 (%)
FIGURE 10. LIGHT VEHICLE STEERING MARKET SIZE, BY MODE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. LIGHT VEHICLE STEERING MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 12. LIGHT VEHICLE STEERING MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. LIGHT VEHICLE STEERING MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 14. LIGHT VEHICLE STEERING MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS LIGHT VEHICLE STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS LIGHT VEHICLE STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES LIGHT VEHICLE STEERING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES LIGHT VEHICLE STEERING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC LIGHT VEHICLE STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC LIGHT VEHICLE STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA LIGHT VEHICLE STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA LIGHT VEHICLE STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. LIGHT VEHICLE STEERING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. LIGHT VEHICLE STEERING MARKET SHARE, BY KEY PLAYER, 2023

Pricing

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