Steering

Worldwide Automotive Power Steering Systems Industry to 2028 - Players Include Hyundai Mobis, Mando and Daimler Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, January 11, 2021

The basic components of an automotive steering system include a steering wheel, steering column, universal joints, rack & pinion mechanism, and another control mechanism.

Key Points: 
  • The basic components of an automotive steering system include a steering wheel, steering column, universal joints, rack & pinion mechanism, and another control mechanism.
  • Over the period of time, the overall automotive steering systems industry has witnessed a paradigm shift, in terms of the operating mechanism.
  • The overall automotive power steering systems market is primarily driven by the consistently growing automotive industry worldwide.
  • Moreover, phasing out manual steering systems is another major factor propelling the demand for power steering systems.

Global Automotive Steering Wheel Market to Grow by 22.81 Million Units During 2020-2024 | Featuring Autoliv Inc., GKN Automotive Ltd., and Hyundai Mobis Co. Ltd. among others | Technavio

Retrieved on: 
Wednesday, December 30, 2020

Technavio estimates the global automotive steering wheel market to grow by 22.81 million units, progressing at a CAGR of about 4% during the forecast period.

Key Points: 
  • Technavio estimates the global automotive steering wheel market to grow by 22.81 million units, progressing at a CAGR of about 4% during the forecast period.
  • The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
  • View the full release here: https://www.businesswire.com/news/home/20201230005374/en/
    Technavio has announced its latest market research report titled Global Automotive Steering Wheel Market 2020-2024 (Graphic: Business Wire)
    The market is driven by the increasing use of steering-mounted electronics.
  • The company manufactures various steering wheel technologies such as electrical motor-integrated steering wheels, steering wheels with heated rims, among others.

Automotive Heated Steering Wheel Market 2020-2024- Featuring Autoliv Inc., Bombardier Recreational Products Inc., Among Others to Contribute to the Market Growth | Industry Analysis, Market Trends, Opportunities and Forecast 2024

Retrieved on: 
Wednesday, December 23, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20201223005502/en/
    Technavio has announced its latest market research report titled Global Automotive Heated Steering Wheel Market 2020-2024 Graphic: Business Wire)
    Worried about the impact of COVID-19 on your Business?
  • The report on the automotive heated steering wheel market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
  • The automotive heated steering wheel market analysis includes end-user segment and geography landscape.
  • The automotive heated steering wheel market covers the following areas:

Global Automotive Steering Sensors Market (2020 to 2025) - Growth, Trends, and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 22, 2020

The integration of numerous steering sensors in analectic power steering (EPS) helps provide additional safety benefits to the driver.

Key Points: 
  • The integration of numerous steering sensors in analectic power steering (EPS) helps provide additional safety benefits to the driver.
  • With the increasing and continuous developments and innovations in technology, the demand for electronic sensors for these position sensors in the automotive market is more.
  • Hence, the market for automotive position sensors is anticipated to witness significant growth during the forecast period.
  • In recent times, the changing focus of the automotive industry to technological trends, such as electrification and autonomous driving, boosted the demand in the automotive position sensors market.

Global Automotive Steering Wheel Market (2020 to 2024) - Featuring Autoliv, GKN Automotive and Hyundai Mobis Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 22, 2020

The "Global Automotive Steering Wheel Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Automotive Steering Wheel Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
  • The automotive steering wheel market is poised to grow by 22.81 million units during 2020-2024 progressing at a CAGR of 4% during the forecast period.
  • Our reports on the automotive steering wheel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The automotive steering wheel market analysis includes the application segment and geographic landscape.

Commercial Vehicle Steering System Market 2020-2024- Featuring Hyundai Mobis Co. Ltd., JTEKT Corp., Knorr-Bremse AG, Among Others to Contribute to the Market Growth | Industry Analysis, Market Trends, Opportunities, and Forecast 2024 | Technavio

Retrieved on: 
Tuesday, December 22, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20201222005229/en/
    Technavio has announced its latest market research report titled Global Commercial Vehicle Steering System Market 2020-2024 (Graphic: Business Wire)
    Worried about the impact of COVID-19 on your Business?
  • The report on the commercial vehicle steering system market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
  • The commercial vehicle steering system market analysis includes application segment and geography landscape.
  • This study identifies the development of independent wheel steering systems as one of the prime reasons driving the commercial vehicle steering system market growth during the next few years.

Commercial Vehicle Steering System Market Size to Increase by 650 Thousand Units Over 2020-2024 | Technavio

Retrieved on: 
Saturday, December 5, 2020

Technavio has been monitoring the commercial vehicle steering system market and it is poised to grow by 0.65 million units during 2020-2024, progressing at a CAGR of almost 1% during the forecast period.

Key Points: 
  • Technavio has been monitoring the commercial vehicle steering system market and it is poised to grow by 0.65 million units during 2020-2024, progressing at a CAGR of almost 1% during the forecast period.
  • COVID-19 will have a low impact on the commercial vehicle steering system market.
  • In a bid to help players strengthen their market foothold, this commercial vehicle steering system market forecast report provides a detailed analysis of the leading market vendors.
  • Commercial Vehicle Steering System Market 2020-2024: Segmentation
    Commercial Vehicle Steering System Market is segmented as below:

Automotive Heated Steering Wheel Market to Grow by 470 Thousand Units During 2020-2024 | Rising Demand for Luxury Cars to Boost Growth | Technavio

Retrieved on: 
Friday, December 4, 2020

COVID-19 will have a low impact on the automotive heated steering wheel market.

Key Points: 
  • COVID-19 will have a low impact on the automotive heated steering wheel market.
  • The market growth in 2020 is likely to decrease compared to the market growth in 2019.
  • Related Reports on Consumer Discretionary Include:
    Global Automotive Steering Wheel Market - Global automotive steering wheel market is segmented by application (Passenger cars and Commercial vehicles) and geography (APAC, North America, Europe, South America, and MEA).
  • Automotive Heated Steering Wheel Market 2020-2024: Segmentation
    Automotive Heated Steering Wheel Market is segmented as below:

China Automotive Systems Registered Record High Monthly Shipments to Commercial Vehicle Market in China

Retrieved on: 
Thursday, December 3, 2020

In the month of November, total shipments of commercial vehicle steering systems has reached a Company monthly historical high, and the monthly sales run rate of 70,000 units is expected to continue into the first quarter of 2021.

Key Points: 
  • In the month of November, total shipments of commercial vehicle steering systems has reached a Company monthly historical high, and the monthly sales run rate of 70,000 units is expected to continue into the first quarter of 2021.
  • In addition, a brand-new assembly line for intelligent RCB steering systems ("iRCB") for commercial vehicles has been installed and is currently undergoing testing.
  • Specifically designed for autonomous-driven commercial vehicles, CAAS' proprietary commercial vehicle iRCB systems feature electric motor assisted power steering to provide maximum assistance in parking, and in lane keeping at highway speeds.
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures.

Nexteer and Continental Joint Venture CNXMotion Develops Brake-to-Steer Technology

Retrieved on: 
Wednesday, December 2, 2020

"CNXMotion's Brake-to-Steer technology offers another steering safety layer for a wide range of automated driving conditions."

Key Points: 
  • "CNXMotion's Brake-to-Steer technology offers another steering safety layer for a wide range of automated driving conditions."
  • CNXMotion's BtS technology offers a cost-effective way for automakers to achieve safety needs by leveraging the vehicle's existing braking and steering systems.
  • CNXMotion was established as a joint venture between Continental and Nexteer Automotive in 2017 to innovate motion control solutions for advanced applications and accelerate R&D activities for the parent companies.
  • Nexteer and Continental hold an equal 50-50 percent ownership position in the joint venture.