Global Recirculating Ball (RCB) Steering Gear Market Growth 2023-2029

Global Recirculating Ball (RCB) Steering Gear Market Growth 2023-2029

The global Recirculating Ball (RCB) Steering Gear 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 Recirculating Ball (RCB) Steering Gear 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 Recirculating Ball (RCB) Steering Gear 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 Recirculating Ball (RCB) Steering Gear is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Recirculating Ball (RCB) Steering Gear players cover NSK, ‎TOYOTA, Knorr-Bremse, Robert Bosch GmbH, Nexteer, NINGBO CIE INDUSTRY AND TRADE, Lares Corporation, DECO and GM, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

The recirculating ball steering gear is mainly composed of screw, nut, steering gear housing and many small steel balls. The so-called circulating ball refers to these small steel balls, which are placed in the closed pipeline between the nut and the screw rod. , to transform the sliding friction between the nut and the screw into rolling friction with less resistance. When the screw fixed to the steering column rotates, the screw pushes the nut to move up and down, and the nut drives the steering through the gear The rocker arm swings back and forth to achieve steering. During this process, those small steel balls roll back and forth in the closed pipeline, so this kind of steering gear is called a circulating ball steering gear.

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

This Insight Report provides a comprehensive analysis of the global Recirculating Ball (RCB) Steering Gear 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 Recirculating Ball (RCB) Steering Gear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Recirculating Ball (RCB) Steering Gear market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recirculating Ball (RCB) Steering Gear 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 Recirculating Ball (RCB) Steering Gear.

This report presents a comprehensive overview, market shares, and growth opportunities of Recirculating Ball (RCB) Steering Gear market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hydraulic
Electric

Segmentation by application
Commercial Vehicle
Passenger Vehicle

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.
NSK
‎TOYOTA
Knorr-Bremse
Robert Bosch GmbH
Nexteer
NINGBO CIE INDUSTRY AND TRADE
Lares Corporation
DECO
GM
JTEKT CORPORATION
ZHEJIANG SHIBAO
Hubei Tri-Ring International
HANG LUNG GROUP
Sichuan Mianyang Huachi Steering Gear
China Automotive Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global Recirculating Ball (RCB) Steering Gear market?

What factors are driving Recirculating Ball (RCB) Steering Gear market growth, globally and by region?

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

How do Recirculating Ball (RCB) Steering Gear market opportunities vary by end market size?

How does Recirculating Ball (RCB) Steering Gear 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.