Global Steering Wheel Market Growth 2019-2024

SKU ID : LPI-13806537 | Publishing Date : 01-Feb-2019 | No. of pages : 158

Steering wheel is a device in the vehicles to help drivers to control the steering of vehicles. Besides the steering function, steering wheel also can offer assistance functions, such as cruise control, audio system and telephone controls etc.
This report mainly covers the applications in Passenger cars and Commercial Vehicles.

Demand from the downstream brings a power to the development of steering wheel system industry. In recent years, growing China market became an important market of steering wheel. Many foreign manufacturers enter into China by investment and joint venture. At present, a few companies occupy most of steering wheel market. They are TAKATA, ZF TRW, Autoliv, TOYOTA GOSEI and Nihon Plast etc.
In 2014, the global production of the antilock braking system reached over 89753 (K Unit); the gross margin is around 22.45% during the last five years.
At present, there are many domestic manufacturers in China. Most of the domestic companies have lower technology and financial ability and they are facing the competition from the foreign companies.

According to this study, over the next five years the Steering Wheel market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Steering Wheel business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Steering Wheel market by product type, application, key manufacturers and key regions and countries.

This study considers the Steering Wheel 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.
Synthetic Plastics
Synthetic Leather
Genuine Leather
Wood
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Car
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.
TAKATA
ZF TRW
Autoliv
TOYODA GOSEI
Nihon Plast
Key Safety Systems
Starion
TRW&Fawer
Zhejiang Fangxiang
Yanfeng
Ningbo Mecai
Fellow
Jiangxi Xingxin
Daimay
Shuangou
Liaoning Jinxing
Yinzhou Yongcheng

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 Wheel 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 Wheel market by identifying its various subsegments.
Focuses on the key global Steering Wheel 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 Wheel 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 Wheel 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.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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