Automotive Steering Systems - Global Sector Overview and Forecast (Q1 2022 Update)
Summary
For many years, power steering technology was focused on hydraulic systems but demand is now favouring electric power steering mainly due to fuel consumption and logistical benefits. There are generally three types of Electric Power Steering (EPS), depending on the positioning of the motor / reducer unit: Column Type, Pinion Type and Rack Type. The best type for any given vehicle model depends on that model’s particular characteristics. EPS systems effectively eliminate the traditional hydraulic system’s power steering pump, hoses, hydraulic fluid, drive belt and pulley on the engine.
More specifically, EPS offers significant fuel efficiency advantages and reduced CO2 and greenhouse gas emissions as steering assist is only supplied upon driver demand through an electric drive system that is independent of the engine. Because electric steering systems operate under computer control, steering feel can be tuned through software, enabling integration with other electronically controlled technologies such as electronic stability control braking systems. Electric steering systems are also suitable for supporting electric vehicle architectures. An EPS system can effectively change the assist force for steering operation depending on information such as steering angle, steering angle velocity, speed and acceleration of the vehicle and each wheel, and yaw rate. The EPS system can therefore not only reduce the steering load but also optimise the assist force depending on the driving situation.
The report “Automotive Steering Systems - Global Sector Overview and Forecast (Q1 2022 Update)”, report provides a comprehensive overview, top 14 markets, market trends, shares and forecasts as well as a technical round-up of various technologies and brief company profiles.
Report’s manufacturer market share estimates for OE electrically powered and hydraulic steering systems cover global, Europe and North America. Our forecasts cover Manual Steering (Rack and Pinion & Recirculating Ball type), Rack and Pinion Hydraulic Powered Steering, Electric Powered Hydraulic Steering and Electric Powered Steering Systems (Column, Pinion and Rack Drive)
*The top markets accounting for over 98% of global light vehicle production include - North America (US, Canada and Mexico) ; Mercosur (Brazil and Argentina); Western Europe (Germany, Italy, France, UK, Spain, Portugal, Netherlands, Belgium, Sweden, Austria, Finland and Morocco) ; Central Europe (Turkey, Bulgaria, Czech Republic, Poland, Slovakia, Hungary, Romania, Serbia and Slovenia); Russia; Japan; China; India; Korea; Thailand; Other Asia; Iran; South Africa; Australia.
Scope
Based on exclusive interviews, primary research and proprietary data this global market study includes -
- Automotive OE steering systems (Manual, Hydraulic Powered, Electric Powered Hydraulic, Electric Powered) fitment and market size data for the top 14* markets.
- A review of the latest technological developments and market trends (including dual-pinion EPS systems, column-mounted systems, modular steering columns, sensor technology, wheel-locking mechanisms, car steering wheels).
- Regional supplier market share data tables and commentary.
- Exclusive interviews with OE suppliers including TRW, Prodrive, Cruden, ZF, Nexteer.
- Updated profiles of the major automotive steering system suppliers including their strategies and prospects.
- Sector PESTER (Political, Economic, Social, Technological, Environmental and Regulatory) analysis.
- Gain a quick overview of the Automotive Steering Systems sector globally.
- Understand the size and scope of the top 14 markets.
- Hear direct from leading companies on their strategies and plans.
- Review the latest and most significant technological developments.
- Know the key trends within the sector and what's driving them.
- Spot opportunities and threats in this sector.
- Establish key companies' latest activities and prospects.
- Prepare supply and demand forecasts.
- Produce internal sales plans and forecasts.
- Carry out competitive intelligence.
Companies Mentioned
Robert Bosch GmbHDelphi TechnologiesChina Automotive Systems Inc.Trelleborg ABHella KGaA Hueck & Co.Hitachi, Ltd.Hyundai Mobis Co., Ltd.ThyssenKrupp AGJTEKT CorporationKYB CorporationShowa CorporationMando CorporationMartinrea International Inc.Mitsubishi Electric CorporationRemy International, Inc.NSK Ltd.Nexteer AutomotiveNTN CorporationZF Friedrichshafen AG
- 1. Main Trends in the Sector
- 2. PESTER Analysis
- Political
- Economic
- Social
- Technological
- Environmental
- Regulatory
- 3. Companies
- China Automotive Systems Inc
- Alliances
- Customers
- JTEKT Corporation
- Mando Corporation
- Nexteer Automotive
- Nexteer's EPS business in China
- NSK Ltd
- Robert Bosch Automotive Steering GmbH
- Showa Corporation
- ThyssenKrupp AG
- ZF Friedrichshafen AG
- Others
- 4. Forecasts
- Electric powered hydraulic steering
- Electric powered steering systems
- Hydraulic powered steering
- Manual steering - rack and pinion
- Manual steering - recirculating ball
- Regional fitment rates
- 5. Markets
- China
- Electric steering systems
- Europe
- North America
- Where is the electric steering sector heading?
- Emerging markets
- Hydraulic steering systems
- Japan
- 6. Technologies
- Active front steering
- EPS
- Other
- Rear wheel steering
- Steering column
- Steering wheel vibrations
- Tomorrow’s steering systems
- 7. Archive
- Brazil
- Delphi Automotive LLP
- ThyssenKrupp Presta's modular steering column concept
- 8. Appendix
- 9. What is this Report About?
- 10. Contact Us
- 11. If you have any more questions regarding our research, please contact us
- List of Tables
- Table 1: Main trends in the Steering systems sector
- Table 2: Steering suppliers technology matrix
- Table 3: Market fitment/penetration rates of electric power hydraulic steering systems fitted to newly-assembled light vehicles, 2016-2036, (%)
- Table 4: Market volumes of electric power hydraulic steering systems fitted to newly-assembled light vehicles, 2016-2036, ('000s units)
- Table 5: Market fitment/penetration rates of column drive electric power steering systems fitted to newly-assembled light vehicles, 2016-2036, (%)
- Table 6: Market volumes of column drive electric power steering systems fitted to newly-assembled light vehicles, 2016-2036, ('000s units)
- Table 7: Market fitment/penetration rates of single pinion drive electric power steering systems fitted to newly-assembled light ehicles, 2016-2036, (%)
- Table 8: Market volumes of single pinion drive electric power steering systems fitted to newly-assembled light vehicles, 2016-2036,('000s units)
- Table 9: Market fitment/penetration rates of dual pinion drive electric power steering systems fitted to newly-assembled light vehicles, 2016-2036, (%)
- Table 10: Market volumes of dual pinion drive electric power steering systems fitted to newly-assembled light vehicles, 2016-2036, ('000s units)
- Table 11: Market fitment/penetration rates of rack drive electric power steering systems fitted to newly-assembled light vehicles, 2016-2036, (%)
- Table 12: Market volumes of rack drive electric power steering systems fitted to newly-assembled light vehicles, 2016-2036, ('000s units)
- Table 13: Market fitment/penetration rates of power rack and pinion steering systems fitted to newly-assembled light vehicles, 2016-2036, (%)
- Table 14: Market volumes of power rack and pinion steering systems fitted to newly-assembled light vehicles, 2016-2036, ('000s units)
- Table 15: Market fitment/penetration rates of manual rack and pinion steering systems fitted to newly-assembled light vehicles, 2016-2036, (%)
- Table 16: Market volumes of manual rack and pinion steering systems fitted to newly-assembled light vehicles, 2016-2036, ('000s units)
- Table 17: Market volumes of recirculating ball steering systems fitted to newly-assembled light vehicles, 2016-2036, ('000s units)
- Table 18: Market fitment/penetration rates of recirculating ball steering systems fitted to newly-assembled light vehicles, 2016-2036, (%)
- Table 19: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Australia, 2015-2036, (% share)
- Table 20: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in North America, 2015-2036, (% share)
- Table 21: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Mercosur, 2015-2036, (% share)
- Table 22: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Western Europe, 2015-2036, (% share)
- Table 23: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Central Europe, 2015-2036, (% share)
- Table 24: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Russia, 2015-2036, (% share)
- Table 25: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Japan, 2015-2036, (% share)
- Table 26: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in China, 2015-2036, (% share)
- Table 27: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in India, 2015-2036, (% share)
- Table 28: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Korea, 2015-2036, (% share)
- Table 29: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Thailand, 2015-2036, (% share)
- Table 30: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Other Asia Pacific, 2015-2036, (% share)
- Table 31: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Iran, 2015-2036, (% share)
- Table 32: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in South Africa, 2015-2036, (% share)
- Table 33: Market fitment/penetration rates of steering system types fitted to newly-assembled light vehicles in Australia, 2015-2036, (% share)
- Table 34: Global manufacturer market shares of electrically powered steering systems for light vehicles, 2010-2018, % of volume
- Table 35: European manufacturer market shares of electrically powered steering systems for passenger cars and light vehicles, 2010-2020, % of volume
- Table 36: North American manufacturer market shares of electrically powered steering systems for light vehicles, 2010-2018, % of volume
- Table 37: Global manufacturer market shares of hydraulic steering systems for passenger cars and light vehicles, 2010-2020, % of volume
- Table 38: European manufacturer market shares of hydraulic vehicle steering systems for passenger cars and light vehicles, 2010-2020, % of volume
- Table 39: North American manufacturer market shares of hydraulic vehicle steering systems for passenger cars and light vehicles, 2010-2020, % of volume
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