Automotive Steering System Market

Automotive Steering System Market: APEJ to Dominate the Global
Market Through 2027: Global Industry Analysis 2012 – 2016 and
Opportunity Assessment 2017 – 2027
2017-09-12
Report Id : REP-GB-1133
Status : Publish
Category : Automotive &
Transportation
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Research Methodology (1/2)
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Systematic Research Approach
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In-depth secondary research is
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market size, top industry
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Data validation
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PMR develops a list of industry
players (manufacturers),
distributors, retailers and
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industry experts, industry
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retailers
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Market participants
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Key strengths
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Product portfolio
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Insights
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Data is validated by
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Data is scrutinized using MSExcel to obtain qualitative and
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Products
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Conclusions
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Factiva
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Automotive Steering System Market
A new report published by Future Market Insights titled “Automotive Steering System
Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 –
2027)” studies the performance of the global automotive steering system
market over a ten year assessment period from 2017 to 2027. The report presents
the value and volume forecast of the global automotive steering system market and
provides key insights into the factors driving market growth as well as the factors
restricting market growth. The estimates point to a revenue growth from about US$
33,700 Mn in 2017 to nearly US$ 51,270 Mn by 2027 end, resulting in a CAGR of
4.3% over the forecast period.
Request For Sample @
https://www.futuremarketinsights.com/reports/sample/rep-gb-1133
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Automotive Steering System Market
Global Automotive Steering System Market: Segmentation and Forecast
The global automotive steering system market is segmented on the basis of
technology (electronic steering (H-EPS, C-EPS, P-EPS, R-EPS), hydraulic steering) and
on the basis of vehicle type (passenger car (compact, mid-size, premium, luxury,
SUV), light commercial vehicle (LCV), heavy commercial vehicle (HCV)).
R-EPS sub-segment is estimated to account for a significant share, i.e. 21.4% in the
overall market by 2017 end. The sub-segment is projected to gain 1050 BPS
between 2017 & 2027.
The sale of H-EPS segment was valued at US$ 3,216.5 Mn in 2016 end, which is
estimated to reach about US$ 4,605 Mn by 2027 end. This segment is expected to
create incremental dollar opportunity worth US$ 1,278 Mn between the forecast
period.
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Automotive Steering System Market
Global Automotive Steering System Market: Regional Forecast
Future Market Insights tracks the performance of the global automotive steering
system market across the key geographies of North America, Latin America, Eastern
Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and
Africa. As per the forecast of Future Market Insights, APEJ region is estimated to
account for maximum share of 38.3% in the overall market by the end of 2017. The
market is projected to gain 300 BPS between 2017 and 2027. The market in North
America was valued at US$ 5,702.6 Mn by the end of 2016, and is estimated to
reach US$ 8,762.7 Mn by the end of 2027. The market is expected to represent an
incremental $ opportunity of US$ 2,850.9 Mn between the forecast period. The
automotive steering system market in Western Europe is expected to represent
incremental $ opportunity of US$ 3,041.0 Mn between the forecast period.
Request For Methodology @ https://www.futuremarketinsights.com/askus/rep-gb-1133
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Automotive Steering System Market: APEJ to Dominate the Global Market Through 2027: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027