Global Light Vehicle Steering Market Growth 2023-2029

Global Light Vehicle Steering Market Growth 2023-2029

Light vehicle steering is the steering system of light vehicle, include: tie rod, steering arm, king pin axis. which allows Light Vehicle to follow the desired course.

LPI (LP Information)' newest research report, the “Light Vehicle Steering Industry Forecast” looks at past sales and reviews total world Light Vehicle Steering sales in 2022, providing a comprehensive analysis by region and market sector of projected Light Vehicle Steering sales for 2023 through 2029. With Light Vehicle Steering sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Vehicle Steering industry.

This Insight Report provides a comprehensive analysis of the global Light Vehicle Steering landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Light Vehicle Steering portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Light Vehicle Steering market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Vehicle Steering and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Light Vehicle Steering.

The global Light Vehicle Steering market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Light Vehicle Steering is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Light Vehicle Steering is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Light Vehicle Steering is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Light Vehicle Steering players cover JTEKT, Bosch, Nexteer, NSK, ThyssenKrupp, ZF, Showa, Mando and China Automotive Systems, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Electric Powered Hydraulic Steering
Electric Powered Steering Systems
Hydraulic Powered Steering
Manual Steering

Segmentation by application
Sedans
SUVs
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
JTEKT
Bosch
Nexteer
NSK
ThyssenKrupp
ZF
Showa
Mando
China Automotive Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global Light Vehicle Steering market?

What factors are driving Light Vehicle Steering market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Light Vehicle Steering market opportunities vary by end market size?

How does Light Vehicle Steering break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.