Rack And Pinion Market

Rack And Pinion Market: Global Industry Analysis 2012 – 2016 and
Opportunity Assessment; 2017 – 2027
February 2018
Report Id : REP-GB-3781
Status : Ongoing
Category : Electronics,
Semiconductors, and ICT
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Rack And Pinion Market
Rack and pinion are gears and the mechanism of gear converts rotary motion into
linear motion. Pinion is round gear that engages teeth on linear gear rack end or
axial joints which is a toothed bar used in rack-and-pinion steering systems for
translating rotational motion of pinion into linear motion. The combination of rack
and pinion are often uses as a part of linear actuator. Over the last few decades and
the current trend rack and pinion is in the vast majority of today's vehicles. It's
direct, compact, simple, and gives great steering feel. Major application of such
mechanism is used in automobile that converts the rotational movement of steering
wheel into right-to-left and vice versa motion of the tie rod.
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Rack And Pinion Market
Global Rack and PinionMarket: Dynamics
Application of racks and pinions can be used in any machine that requires conversion
of rotational motion into linear motion and is commonly used in all types of gear
systems from the modern power steering systems to conventional manual systems.
Rack and pinion performs exceptional to its application as they are much less
catastrophic to failure in vertical applications thus manufacturer discourage the use
of belt driven actuators, and is a potential factor that drives growth of global rack
and pinion market. Owing to dual pinion design or split pinion, the possibility to
preload a rack and pinion system to avoid backslash is another potential factor that
boost the application of rack and pinion in machines. Moreover racks and pinions can
be constructed in nearly unlimited length.
The rack and pinion have advantage of positioning accuracy over belt drivers as to
the unavoidable fact of belt have compliance and are made of plastic and will
eventually stretch. Rack and pinion automatic lubrication system are always
recommended to avoid failure or reduced performance. Substitute to rack and pinion
such as belt and pulley system that do not require lubrication is the factor that
restrain to global rack and pinion market. Rack and pinion actuator are open system
which doesn’t have simple and effective way to enclose them, on the other hand belt
driven actuators have advantage as they are relatively unaffected by liquid
contamination such as oil and water.
5
Rack And Pinion Market
Global Rack and PinionMarket: Region Wise Outlook
The global rack and pinion market is divided into seven regions, namely North
America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern
Europe, Japan and the Middle East and Africa (MEA). Europe holds relatively a major
share of global rack and pinion market. The major share is accredited due to high
number of industries such as manufacturing and automobiles in the region. Followed
by Europe is North America and MEA, this is due to rack and pinion technology taking
shape in oilfield. Thus the developed market in Europe and North America is
estimated to witness healthy CAGR during the forecast period of global rack and
pinion market. Rack and pinion market in APEJ is expected to witness high growth
rate due to rise in sale of automobile in the region.
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