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European Category Management Report—Automotive Steering Components Aftermarket, Forecast to 2024

European Category Management Report—Automotive Steering Components Aftermarket, Forecast to 2024

This study covers passenger cars (PCs) and light commercial vehicles (LCVs) up to 3.5 tons (referred to as Class 1-3) in the steering aftermarket in terms of volume (in million units) and value (€ million) across the European Union—with the exception of Russia and Turkey. It discusses unit shipments, revenue, average price, distribution channel share, and major participants’ market share for four product types namely, ball joints, sway bar links, tie rod ends, and control arms. The base year for analysis is 2017 and the forecast period is from 2018 to 2024.

The European steering aftermarket is expected to show moderate growth in unit shipments in the coming years. Increase in Vehicles in Operation (VIO), coupled with the rising average vehicle age, is the primary factor that drives the unit shipment during the forecast period.

Overall, unit shipments will grow marginally, as the market is mature and is consolidated. Additionally, due to the marginal increase in average price per unit, revenue will experience a relatively higher growth.

Key channel partners in this segment are warehouse distributors and retailers. The shares of OES and warehouse distributors are expected to decrease, whereas the share of retailers and e-Retailers are expected to increase during the forecast period.

The product segments of control arms and sway bar links will drive overall market growth, whereas ball joints and tie rod ends are expected to decline marginally during the forecast period.

Distribution groups with their increasing bargaining power will restrict the price increase due to which the overall average price is expected to grow marginally during the forecast period. Key market participants include ZF-TRW, Federal Mogul, Febi Bilstein, Delphi, and Dorman.

As this is a mature market with less scope for significant product differentiation and marginally increasing unit shipments, market shares are expected to diversify due to increasing competition during the forecast period. Improving on factors such as fill rate, product availability, application coverage, and gaining big customer accounts will enable growth, as a major part of the revenue share would be through private label brands in the future.

This study will present analytical findings of the following:
• Total Class 1-3 steering components units and by product type
• Total Class 1-3 steering components revenue and by product type
• Average Class 1-3 steering components pricing at manufacturer level and by product type
• Total Class 1-3 steering components distribution channel analysis and by product type
• Total Class 1-3 steering components major participants’ market shares and by product type


  • Executive Summary
    • Key Findings
    • Executive Summary-Market Engineering Measurements
    • Unit Shipment and Revenue Forecast
  • Research Scope
  • Definitions and Segmentation
    • Product Segmentation
    • Product Definitions
    • Europe-Country Coverage
    • Market Definitions
    • Vehicle Segmentation
    • Aftermarket Distribution Channel Structure
  • Forecasts and Trends-Total Steering Components Aftermarket
    • Total Steering Components Aftermarket-Unit Shipment and Revenue Forecast
      • Table Total Steering Components Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2014-2024
    • Percent Unit Shipment Forecast by Product
      • Table Total Steering Components Aftermarket: Percent Unit Shipment Forecast by Product, Europe, 2014-2024
    • Percent Revenue Forecast by Product
      • Table Total Steering Components Aftermarket: Percent Revenue Forecast by Product, Europe, 2014-2024
    • Unit Shipment and Revenue Forecast by Product Discussion
    • Overall Pricing Analysis
      • Table Total Steering Components Aftermarket: Pricing Analysis, Europe, 2014-2024
    • Pricing Analysis Discussion
    • Overall Percent of Revenue by Distribution Channel
    • Percent of Revenue by Distribution Channel by Segment
      • Table Total Steering Components Aftermarket: Overall Percent of Revenue by Distribution Channel by Segment, Europe, 2017
    • Key Steering Component Buying Groups and Affiliated Distributors
      • Table Total Steering Components Aftermarket: Key Steering Component Buying Groups & Affiliated Distributors, Europe, 2017
    • Percent of Revenue by Distribution Channel Discussion
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Growth Opportunities
    • Strategic Imperatives for Success and Growth
  • Ball Joints Aftermarket
    • Ball Joints Aftermarket-Unit Shipment and Revenue Forecast
      • Table Ball Joints Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2014-2024
    • Pricing Analysis
      • Table Ball Joints Aftermarket: Pricing Analysis, Europe, 2014-2024
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Sway Bars/Stabilizer Links Aftermarket
    • Sway Bars/Stabilizer Links Aftermarket-Unit Shipment and Revenue Forecast
      • Table Sway Bars/Stabilizer Links Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2014-2024
    • Pricing Analysis
      • Table Sway Bars/Stabilizer Links Aftermarket: Pricing Analysis, Europe, 2014-2024
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Tie Rod Ends Aftermarket
    • Tie Rod Ends Aftermarket-Unit Shipment and Revenue Forecast
      • Table Tie Rod Ends Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2014-2024
    • Percent Unit Shipment Forecast by Product Type
      • Table Tie Rod Ends Aftermarket: Percent Unit Shipment Forecast by Product Type, Europe, 2014-2024
    • Percent Revenue Forecast by Product Type
      • Table Tie Rod Ends Aftermarket: Percent Revenue Forecast by Product Type, Europe, 2014-2024
    • Pricing Analysis
      • Table Tie Rod Ends Aftermarket: Pricing Analysis, Europe, 2014-2024
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Control Arms Aftermarket
    • Control Arms Aftermarket-Unit Shipment and Revenue Forecast
      • Table Control Arms Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2014-2024
    • Percent Unit Shipment Forecast by Product Type
      • Table Control Arms Aftermarket: Percent Unit Shipment Forecast by Product Type, North America, 2013-2023
    • Percent Revenue Forecast by Product Type
      • Table Control Arms Aftermarket: Percent Revenue Forecast by Product Type, North America, 2013-2023
    • Pricing Analysis
      • Table Control Arms Aftermarket: Pricing Analysis, Europe, 2014-2024
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Key Supplier Matrix
    • DELPHI
    • FEDERAL MOGUL
    • CHASSIS TECHNOLOGY EUROPE (CTE)
    • DORMAN
    • FEBI BILSTEIN
    • THYSSENKRUPP PRESTA
    • YOROZU AUTOMOTIVA
    • ZF TRW
    • Other Chassis and Suspension Parts Aftermarket Suppliers*
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Table of Acronyms Used

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