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Global Steering Robot Market 2018-2022

Global Steering Robot Market 2018-2022

About Steering Robot

The global steering robot market is closely related to the global automotive testing equipment market. As the players in the global automotive industry are increasingly investing in automotive R&D, there has been an increase in the adoption of equipment and systems to assess vehicle dynamics with minimal human intervention. The steering robot market is highly concentrated. The vendors in the market are competing effectively based on factors such as the technology, research and developmental activities, brand, and labor. Vendors in the programmable steering controllers market are also differentiating their products based on factors such as the quality, innovation, price, and regulatory compliance.

Technavio’s analysts forecast the global steering robot market to grow at a CAGR of 8.10% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global steering robot market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of steering robot.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Steering Robot 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
  • AB Dynamics
  • RMS Dynamics Test Systems
  • Stahle
  • VEHICO
Other prominent vendors
  • HI-TEC
  • Tecpond
Market driver
  • Growing focus on the importance of vehicular safety regulations
  • For a full, detailed list, view our report
Market trend
  • Adoption of data analytics to improve customer experience
  • 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 Steering Robot Market 2018-2022

Technavio recognizes the following companies as the key players in the global steering robot market: AB Dynamics, RMS Dynamics Test Systems, Stahle, and VEHICO.

Other Prominent Vendors in the market are: HI-TEC and Tecpond.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Adoption of data analytics to improve customer experience. As the market is gaining traction, the key players in the market are devising strategies to provide a more holistic customer experience to the end-users adopting steering robots. Tracking real-time data can be helpful in providing preventive maintenance and reducing response times. Data analytics can also ensure that issues are addressed before they turn critical. If companies capitalize on the vast amount of data available and channelize the opportunities driven by customer data analytics, it is expected that they will see a surge in the revenue and customer loyalty. With the increased penetration of smart devices, vendors are giving their customers critical information about the robots on these devices.”

According to the report, one of the major drivers for this market is growing focus on the importance of vehicular safety regulations. Several regulatory agencies are devising guidelines to ensure the development of vehicles with advanced security technology. This resulted in an increased adoption of autonomous emergency braking (AEB) system that addresses reversing, cross-junction, and head-on accidents. The European commission is emphasizing on consumer testing by introducing a revision of general safety regulation 661/2009. This in turn, is driving the employment of differential steering robots.

Companies Mentioned

AB Dynamics, RMS Dynamics Test Systems, Stahle, VEHICO, HI-TEC and Tecpond.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related 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 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global steering robot market - Market size and forecast 2017-2022 ($ mn)
      • Table Global steering robot market - 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
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Testing - Market size and forecast 2017-2022
      • Table Testing - Market size and forecast 2017-2022 ($ mn)
      • Table Testing - Year-over-year growth 2018-2022 (%)
    • Autonomous driving - Market size and forecast 2017-2022
      • Table Autonomous driving - Market size and forecast 2017-2022 ($ mn)
      • Table Autonomous driving - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Market segmentation by type of vehicle
    • Segmentation by type of vehicle
      • Table Type of vehicle - Market share 2017-2022 (%)
    • Comparison by type of vehicle
      • Table Comparison by type of vehicle
    • Cars - Market size and forecast 2017-2022
      • Table Cars - Market size and forecast 2017-2022 ($ mn)
      • Table Cars - Year-over-year growth 2018-2022 (%)
    • Buses and trucks- Market size and forecast 2017- 2022
      • Table Buses and trucks- Market size and forecast 2017-2022 ($ mn)
      • Table Buses and Trucks - Year-over-year growth 2018-2022 (%)
    • Market opportunity by type of vehicle
      • Table Market opportunity by type of vehicle
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global steering robot market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA- Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC- Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Advantages offered by steering robots
    • Market challenges
  • Market trends
    • Adoption of data analytics to improve customer experience
    • Integration of test equipment with steering robots
    • Technological advances
      • Table Key areas of development in steering robots
  • Vendor landscape 2017
    • 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
    • AB Dynamics
      • Table Vendor overview
      • Table AB Dynamics- Business segments
      • Table AB Dynamics- Organizational developments
      • Table AB Dynamics- Geographic focus
      • Table AB Dynamics- Segment focus
      • Table AB Dynamics - Key offerings
    • RMS Dynamic Test Systems
      • Table Vendor overview
      • Table RMS Dynamic Test Systems - Organizational developments
      • Table RMS Dynamic Test Systems - Geographic focus
      • Table RMS Dynamic Test Systems - Segment focus
      • Table RMS Dynamic Test Systems - Key offerings
    • Stähle
      • Table Vendor overview
      • Table Stähle- Organizational developments
      • Table Stähle- Geographic focus
      • Table Stähle- Segment focus
      • Table Stähle- Key offerings
    • VEHICO
      • Table Vendor overview
      • Table VEHICO- Organizational developments
      • Table VEHICO - Geographic focus
      • Table VEHICO - Segment focus
      • Table VEHICO - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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