Global Automotive Steering Motor Market 2019-2023

Global Automotive Steering Motor Market 2019-2023

About this market

Increasing penetration of steer-by-wire technology to gain traction in the market. The steer-by-wire helps to remove the physical connection between the steering wheel and the steering system will help of electrically connected motors. Technavio’s analysts have predicted that the automotive steering motor market will register a CAGR of almost 9% by 2022.

Market Overview

Increased adoption of EPS in modern vehicles

The steering systems have evolved from purely mechanical hydraulic steering to completely electronic steer-by-wire-systems.

Increasing cost pressure from demand side

In the current automotive industry scenario, the automotive component manufacturers are facing challenges in terms of quality requirements and cost pressure from demand side.

For the detailed list of factors that will drive and challenge the growth of the automotive steering motor market during the 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Techman-Head Group and Brackett Aircraft Company the competitive environment is quite intense. Factors such as the increased adoption of EPS in modern vehicles and the increasing penetration of steer-by-wire technology, will provide considerable growth opportunities to automotive steering motor manufactures. Bosch, Brose Fahrzeugteile, DENSO, Johnson Electric, MAHLE, and SKF are some of the major companies covered in this report.


PRESS RELEASE

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

Technavio recognizes the following companies as the key players in the global automotive steering motor market: Bosch, Brose Fahrzeugteile, DENSO, Johnson Electric, MAHLE, and SKF.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increasing penetration of steer-by-wire technology.”

According to the report, one of the major drivers for this market is the increased adoption of EPS in modern vehicles.

Companies Mentioned

Bosch

Brose Fahrzeugteile

DENSO

Johnson Electric

MAHLE

and SKF

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automotive electronics market
      • Table Segments of global automotive electronics market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • 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 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Passenger car - Market size and forecast 2018-2023
      • Table Passenger car - Market size and forecast 2018-2023 ($ billions)
      • Table Passenger car - Year-over-year growth 2019-2023 (%)
    • Commercial vehicle - Market size and forecast 2018-2023
      • Table Commercial vehicle - Market size and forecast 2018-2023 ($ billions)
      • Table Commercial vehicle - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ billions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ billions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Market segmentation by steering type
    • Table Steering type - Market share 2018-2023 (%)
    • Comparison by steering type
      • Table Comparison by steering type
    • Electric power steering (EPS) - Market size and forecast 2018-2023
      • Table Electric power steering (EPS) - Market size and forecast 2018-2023 ($ billions)
      • Table Electric power steering (EPS) - Year-over-year growth 2019-2023 (%)
    • Electro-hydraulic power steering (EHPS) - Market size and forecast 2018-2023
      • Table Electro-hydraulic power steering (EHPS) - Market size and forecast 2018-2023 ($ billions)
      • Table Electro-hydraulic power steering (EHPS) - Year-over-year growth 2019-2023 (%)
    • Market opportunity by steering type
      • Table Market opportunity by steering type
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Continuous advances in automotive steering technology
    • Increasing penetration of EHPS in heavy commercial vehicles
    • Increasing penetration of steer-by-wire technology
    • Development of an all-electric power steering system for trucks and buses
  • 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
    • Bosch
      • Table Bosch - Vendor overview
      • Table Bosch - Business segments
      • Table Bosch - Organizational developments
      • Table Bosch - Geographic focus
      • Table Bosch - Segment focus
      • Table Bosch - Key offerings
    • Brose Fahrzeugteile
      • Table Brose Fahrzeugteile - Vendor overview
      • Table Brose Fahrzeugteile - Product segments
      • Table Brose Fahrzeugteile - Organizational developments
      • Table Brose Fahrzeugteile - Key offerings
    • DENSO
      • Table DENSO - Vendor overview
      • Table DENSO - Business segments
      • Table DENSO - Organizational developments
      • Table DENSO - Geographic focus
      • Table DENSO - Segment focus
      • Table DENSO - Key offerings
    • Johnson Electric
      • Table Johnson Electric - Vendor overview
      • Table Johnson Electric - Business segments
      • Table Johnson Electric - Organizational developments
      • Table Johnson Electric - Geographic focus
      • Table Johnson Electric - Segment focus
      • Table Johnson Electric - Key offerings
    • MAHLE
      • Table MAHLE - Vendor overview
      • Table MAHLE - Business segments
      • Table MAHLE - Organizational developments
      • Table MAHLE - Geographic focus
      • Table MAHLE - Segment focus
      • Table MAHLE - Key offerings
    • SKF
      • Table SKF - Vendor overview
      • Table SKF - Business segments
      • Table SKF - Organizational developments
      • Table SKF - Geographic focus
      • Table SKF - Segment focus
      • Table SKF - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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