Category Management: Class 1-3 Selected Power Steering Components Aftermarket in North America
Remanufactured Hydraulic and Electric Components to Continue to Dominate Growth Opportunities
This project considers growth opportunities in the North American aftermarket for hydraulic power steering pumps, racks, and gears as well as electric power steering racks. The deliverable forecasts demand for new and remanufactured products and average manufacturer-level price through 2029, and evaluates markets shares, distribution channels, and technology trends. Brief profiles of key suppliers are provided, and the impact of CASE (connected, automated, shared, and electric) vehicles are discussed.
Leading brands in the North American select power steering aftermarket are BBB Industries, CARDONE Industries, Robert Bosch LLC, AAE (CRP Automotive), Lares Corporation, Plews & Edelmann, and PWR Steer.
RESEARCH SCOPE
The base year is 2022, and the forecast period is from 2023 to 2029.
KEY ISSUES ADDRESSED
What is the current size of the aftermarket for selected power steering components in terms of revenue and unit shipments, and how will it change by 2029?
What is the average manufacturer-level price for each component, and how will it change by 2029?
What is the market share of major brands for each component type?
What does the distribution channel for each component look like?
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8
Top 3 Strategic Imperative Affecting the Growth of the Power Steering Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Opportunity Analysis
Scope of Analysis
Segmentation
Key Questions This Study Will Answer
Key Competitors
Key Findings
Growth Drivers
Growth Restraints
CASE Impact by 2029
Competitive Environment
Growth Opportunity Analysis: Hydraulic Power Steering Pump
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product Category
Unit Shipment Forecast by Product Category
Revenue and Unit Shipment Forecast Analysis
Average Price Forecast
Market Share
Revenue Share by Distribution Channel and Service Preference
Growth Opportunity Analysis: Hydraulic Power Steering Rack
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product Category
Unit Shipment Forecast by Product Category
Revenue and Unit Shipment Forecast Analysis
Average Price Forecast
Market Share
Revenue Share by Distribution Channel and Service Preference
Growth Opportunity Analysis: Hydraulic Power Steering Gear
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product Category
Unit Shipment Forecast by Product Category
Revenue and Unit Shipment Forecast Analysis
Average Price Forecast
Market Share
Revenue Share by Distribution Channel and Service Preference
Growth Opportunity Analysis: Electric Power Steering Rack
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product Category
Unit Shipment Forecast by Product Category
Revenue and Unit Shipment Forecast Analysis
Average Price Forecast
Market Share
Revenue Share by Distribution Channel and Service Preference