Global Automotive Steering Knuckle Market 2022-2026
Technavio has been monitoring the automotive steering knuckle market and it is poised to grow by $ 8.81 bn during 2022-2026 progressing at a CAGR of 5.76% during the forecast period. Our report on the automotive steering knuckle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased precision in the manufacture of the steering knuckle, and increasing demand for vehicles in developing countries.
The automotive steering knuckle market analysis includes the application segment and geographic landscape.
Technavio's automotive steering knuckle market is segmented as below:
By Application
- Passenger cars
- Commercial vehicles
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing trend of the rear-axle steering system as one of the prime reasons driving the automotive steering knuckle market growth during the next few years. Also, increasing trend of optimizing steering knuckle for all-terrain vehicles and the emergence of all-electric power steering for commercial vehicles will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive steering knuckle market covers the following areas:
- Automotive steering knuckle market sizing
- Automotive steering knuckle market forecast
- Automotive steering knuckle market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive steering knuckle market vendors that include BEINBAUER GROUP, Dorman Products Inc., FAGOR EDERLAN S. COOP., Farinia Group, Fengcheng Danyang Machinery Co.Ltd., Georg Fischer Corp., Happy Forgings Ltd., Kalyani Group, Kumar Autocast, Metalyst Forgings Ltd., Mobex Global, Ningbo Saipu Auto Steering System Co. Ltd., RIVOLTECH AUTO ENGG. PVT. LTD., Sandvik Coromant, Sarvagya Lifters Pvt. Ltd., Seco, Teksid S.p.A., TeraFlex Inc., The Sakthi Group, and TUNGALOY CORP.. Also, the automotive steering knuckle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedBEINBAUER GROUP, Dorman Products Inc., FAGOR EDERLAN S. COOP., Farinia Group, Fengcheng Danyang Machinery Co.Ltd., Georg Fischer Corp., Happy Forgings Ltd., Kalyani Group, Kumar Autocast, Metalyst Forgings Ltd., Mobex Global, Ningbo Saipu Auto Steering System Co. Ltd., RIVOLTECH AUTO ENGG. PVT. LTD., Sandvik Coromant, Sarvagya Lifters Pvt. Ltd., Seco, Teksid S.p.A., TeraFlex Inc., The Sakthi Group, TUNGALOY CORP.