Global Automotive Steering Systems Market Overview and Forecast 2021-2035: Manual, Hydraulic Powered, Electric Powered Hydraulic, Electric Powered - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Automotive Steering Systems - Global Sector Overview and Forecast to 2035 (Q1 2021 Update)" report has been added to ResearchAndMarkets.com's offering.

"Automotive Steering Systems - Global Sector Overview and Forecast to 2035 (Q1 2021 Update)", report provides a comprehensive overview, top 14 markets, market trends, shares and forecasts as well as a technical round-up of various technologies and brief company profiles.

For many years, power steering technology was focused on hydraulic systems but demand is now favouring electric power steering mainly due to fuel consumption and logistical benefits. There are generally three types of Electric Power Steering (EPS), depending on the positioning of the motor / reducer unit: Column Type, Pinion Type and Rack Type. The best type for any given vehicle model depends on that model's particular characteristics. EPS systems effectively eliminate the traditional hydraulic system's power steering pump, hoses, hydraulic fluid, drive belt and pulley on the engine.

More specifically, EPS offers significant fuel efficiency advantages and reduced CO2 and greenhouse gas emissions as steering assist is only supplied upon driver demand through an electric drive system that is independent of the engine. Because electric steering systems operate under computer control, steering feel can be tuned through software, enabling integration with other electronically controlled technologies such as electronic stability control braking systems.

Electric steering systems are also suitable for supporting electric vehicle architectures. An EPS system can effectively change the assist force for steering operation depending on information such as steering angle, steering angle velocity, speed and acceleration of the vehicle and each wheel, and yaw rate. The EPS system can therefore not only reduce the steering load but also optimise the assist force depending on the driving situation.

Report's manufacturer market share estimates for OE electrically powered and hydraulic steering systems cover global, Europe and North America. Our forecasts cover Manual Steering (Rack and Pinion & Recirculating Ball type), Rack and Pinion Hydraulic Powered Steering, Electric Powered Hydraulic Steering and Electric Powered Steering Systems (Column, Pinion and Rack Drive)

Scope

• Automotive OE steering systems (Manual, Hydraulic Powered, Electric Powered Hydraulic, Electric Powered) fitment and market size data for the top 14* markets.
• A review of the latest technological developments and market trends (including dual-pinion EPS systems, column-mounted systems, modular steering columns, sensor technology, wheel-locking mechanisms, car steering wheels).
• Regional supplier market share data tables and commentary.
• Exclusive interviews with OE suppliers including TRW, Prodrive, Cruden, ZF, Nexteer.
• Updated profiles of the major automotive steering system suppliers including their strategies and prospects.
• Sector PESTER (Political, Economic, Social, Technological, Environmental and Regulatory) analysis.

Reasons to Buy

• Gain a quick overview of the Automotive Steering Systems sector globally.
• Understand the size and scope of the top 14 markets.
• Hear direct from leading companies on their strategies and plans.
• Review the latest and most significant technological developments.
• Know the key trends within the sector and what's driving them.
• Spot opportunities and threats in this sector.
• Establish key companies' latest activities and prospects.
• Prepare supply and demand forecasts.
• Produce internal sales plans and forecasts.
• Carry out competitive intelligence.

Companies Mentioned

• Robert Bosch GmbH
• Delphi Technologies
• China Automotive Systems Inc.
• Trelleborg AB
• Hella KGaA Hueck & Co.
• Hitachi, Ltd.
• Hyundai Mobis Co., Ltd.
• ThyssenKrupp AG
• JTEKT Corporation
• KYB Corporation
• Showa Corporation
• Mando Corporation
• Martinrea International Inc.
• Mitsubishi Electric Corporation
• Remy International, Inc.
• NSK Ltd.
• Nexteer Automotive
• NTN Corporation
• ZF Friedrichshafen AG

For more information about this report visit https://www.researchandmarkets.com/r/19j242