Steering Columns System is a device intended primarily for connecting the steering wheel to the steering mechanism or transferring the driver's input torque from the steering wheel. The steering column consists of a collapsible housing containing a collapsible rotating shaft. The steering column is connected to the input shaft of the steering gear by a flexible joint. This allows the alignment, and reduces the transmission of road shocks back to the driver. Some of the steering columns have an intermediate shaft, which runs at about an oblique angle, from the column to the steering gear. Some manufacturers fit sensors and control units to the steering column, that provide information to steering control modules as part of an electric assisted or 4-wheel steering system.
In the last several years, Global market of Steering Columns System developed smoothly, with an average growth rate of 3%. In 2015, Global revenue of Steering Columns System is nearly 13.5 billion USD; the actual production is about 96000 K units.
The global average price of Steering Columns System is in the decreasing trend, from 147.8 USD/Unit in 2011 to 141.0 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Steering Columns System includes Manually Adjustable, Non-adjustable and Electrically Adjustable. The production proportion of Manually Adjustable Steering Columns System in 2015 is about 66%.
According to this study, over the next five years the Steering Columns System market will register a 2.1% CAGR in terms of revenue, the global market size will reach USD 16100 million by 2024, from USD 14200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Steering Columns System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Steering Columns System market by product type, application, key manufacturers and key regions and countries.
This study considers the Steering Columns System value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Non-adjustable Steering Columns
Manually Adjustable Steering Columns
Electrically Adjustable Steering Columns
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Bosch
JTEKT
Nexteer
ThyssenKrupp
TRW
NSK
Mando
Schaeffler
Continental
Fuji Kiko
Showa
Namyang
Henglong
Coram Group
Yamada
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Steering Columns System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Steering Columns System market by identifying its various subsegments.
Focuses on the key global Steering Columns System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Steering Columns System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Steering Columns System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
