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Global Automotive Steering Knuckle Market 2018-2022

Global Automotive Steering Knuckle Market 2018-2022

About Automotive Steering Knuckle

Automotive steering knuckle is a part of the automotive front axle. Of the many components on the front axle, the steering knuckle plays an important role in deciding the steering angle.

Technavio’s analysts forecast the global automotive steering knuckle market to grow at a CAGR of 3.92% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive steering knuckle market for 2018-2022. To calculate the market size, 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


Technavio's report, Global Automotive Steering Knuckle Market 2018-2022, 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
  • BEINBAUER GROUP
  • Bharat Forge
  • Busche Performance Group
  • Farinia Group
  • MAG IAS
Market driver
  • Increased precision in manufacture of steering knuckle
  • For a full, detailed list, view our report
Market challenge
  • Increasing cost of raw materials
  • For a full, detailed list, view our report
Market trend
  • Increasing trend of rear-axle steering system
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Steering Knuckle Market 2018-2022

Technavio recognizes the following companies as the key players in the global automotive steering knuckle market: BEINBAUER GROUP, Bharat Forge, Busche Performance Group, Farinia Group, and MAG IAS.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing trend of rear-axle steering system. The global automotive market is constantly evolving with new technological advancements. These advancements include inclusions of newer components, design changes, and material changes. Longer vehicles have high turning radius, making it difficult to turn in narrow roads. This led to the invention of rear-axle steering, which was initially used in the multi-axle trucks.”

According to the report, one driver in the market is increased precision in manufacture of steering knuckle. The automotive steering system plays an important role in the safe handling of the vehicle and having a comfortable ride. Steering knuckle comprises a hub or spindle, and it is attached to the suspension components. The tire or wheel assembly is held stable by steering knuckle.

Further, the report states that one challenge in the market is increasing cost of raw materials. The major component used in a vehicle is steel. Therefore, any fluctuation in steel price would have a direct impact on the manufacturing cost. The global steel market is expected to grow if the producers could find a right balance between globalization and customization.

Companies Mentioned

BEINBAUER GROUP, Bharat Forge, Busche Performance Group, Farinia Group, and MAG IAS.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
      • Table Global automotive steering system market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market outline
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global automotive steering knuckle market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global – Market size and forecast 2017-2022 (mn units)
      • Table Global – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by vehicle type
    • Segmentation by vehicle type
      • Table Vehicle type – Market share 2017-2022 (%)
    • Comparison by vehicle type
      • Table Comparison by vehicle type
    • Passenger vehicles – Market size and forecast 2017-2022
      • Table Passenger vehicles – Market size and forecast 2017-2022 (mn units)
      • Table Passenger vehicles – Year-over-year growth 2018-2022 (%)
    • Commercial vehicles – Market size and forecast 2017-2022
      • Table Commercial vehicles – Market size and forecast 2017-2022 (mn units)
      • Table Commercial vehicles – Year-over-year growth 2018-2022 (%)
    • Market opportunity by vehicle type
      • Table Market opportunity by vehicle type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 (mn units)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 (mn units)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 (mn units)
      • Table Americas – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Greenhouse gas emissions form primary production
  • Market trends
    • Increasing trend of rear-axle steering system
    • Increasing trend of optimizing steering knuckle for all-terrain vehicles
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • BEINBAUER GROUP
      • Table Vendor overview
      • Table BEINBAUER GROUP – Business segments
      • Table BEINBAUER GROUP – Organizational developments
      • Table BEINBAUER GROUP – Geographic focus
      • Table BEINBAUER GROUP – Segment focus
      • Table BEINBAUER GROUP – Key offerings
    • Bharat Forge
      • Table Vendor overview
      • Table Bharat Forge – Business segments
      • Table Bharat Forge – Organizational developments
      • Table Bharat Forge – Geographic focus
      • Table Bharat Forge – Segment focus
      • Table Bharat Forge – Key offerings
    • Busche Performance Group
      • Table Vendor overview
      • Table Busche Performance Group – Product portfolio
      • Table Busche Performance Group – Organizational developments
      • Table Busche Performance Group – Geographic focus
      • Table Busche Performance Group – Segment focus
      • Table Busche Performance Group – Key offerings
    • Farinia Group
      • Table Vendor overview
      • Table Farinia Group – Business segments
      • Table Farinia Group – Organizational developments
      • Table Farinia Group – Geographic focus
      • Table Farinia Group – Segment focus
      • Table Farinia Group – Key offerings
    • MAG IAS
      • Table Vendor overview
      • Table MAG IAS – Business portfolio
      • Table MAG IAS – Organizational developments
      • Table MAG IAS – Geographic focus
      • Table MAG IAS – Segment focus
      • Table MAG IAS – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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