Automotive power steering helps the driver to steer the wheels by controlling the steering effort on the wheel. In power steering, electric motors help the steering motion instead of hydraulic systems.
The automotive power steering gears market was dominated by the passenger cars segment during 2017 and its dominance is expected to continue until the end of 2023. Approximately 75% of passenger cars use rack and pinion gear systems over other mechanisms as they help to convert rotational energy of the steering wheel into a linear motion and turn the wheels of a vehicle. Since gears based on the rack and pinion steering systems are cheaper and compact and help in gear reduction and provide more control over the vehicle, they are increasingly integrated into the gear setup of passenger cars.
APAC occupied the majority shares of the automotive power steering gears market during 2017 and the region will retain its market dominance during the next few years as well. The growing sales of passenger cars in emerging countries such as China and India will fuel the market
The automotive power steering gears market was dominated by the passenger cars segment during 2017 and its dominance is expected to continue until the end of 2023. Approximately 75% of passenger cars use rack and pinion gear systems over other mechanisms as they help to convert rotational energy of the steering wheel into a linear motion and turn the wheels of a vehicle. Since gears based on the rack and pinion steering systems are cheaper and compact and help in gear reduction and provide more control over the vehicle, they are increasingly integrated into the gear setup of passenger cars.
APAC occupied the majority shares of the automotive power steering gears market during 2017 and the region will retain its market dominance during the next few years as well. The growing sales of passenger cars in emerging countries such as China and India will fuel the market
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Automotive Power Steering Gears Market Size Growth Rate by Type (2019-2025)
1.3.2 Hydraulic Power Steering
1.3.3 Electric Power Steering
1.3.4 Other
1.4 Market Segment by Application
1.4.1 Global Automotive Power Steering Gears Market Share by Application (2019-2025)
1.4.2 Passenger Cars
1.4.3 Commercial Vehicles
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Automotive Power Steering Gears Production Value 2014-2025
2.1.2 Global Automotive Power Steering Gears Production 2014-2025
2.1.3 Global Automotive Power Steering Gears Capacity 2014-2025
2.1.4 Global Automotive Power Steering Gears Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
2.2.1 Global Automotive Power Steering Gears Market Size CAGR of Key Regions
2.2.2 Global Automotive Power Steering Gears Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Automotive Power Steering Gears Capacity by Manufacturers
3.1.2 Global Automotive Power Steering Gears Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Automotive Power Steering Gears Revenue by Manufacturers (2014-2019)
3.2.2 Automotive Power Steering Gears Revenue Share by Manufacturers (2014-2019)
3.2.3 Global Automotive Power Steering Gears Market Concentration Ratio (CR5 and HHI)
3.3 Automotive Power Steering Gears Price by Manufacturers
3.4 Key Manufacturers Automotive Power Steering Gears Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Automotive Power Steering Gears Market
3.6 Key Manufacturers Automotive Power Steering Gears Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Hydraulic Power Steering Production and Production Value (2014-2019)
4.1.2 Electric Power Steering Production and Production Value (2014-2019)
4.1.3 Other Production and Production Value (2014-2019)
4.2 Global Automotive Power Steering Gears Production Market Share by Type
4.3 Global Automotive Power Steering Gears Production Value Market Share by Type
4.4 Automotive Power Steering Gears Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Automotive Power Steering Gears Consumption by Application
6 Production by Regions
6.1 Global Automotive Power Steering Gears Production (History Data) by Regions 2014-2019
6.2 Global Automotive Power Steering Gears Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Automotive Power Steering Gears Production Growth Rate 2014-2019
6.3.2 United States Automotive Power Steering Gears Production Value Growth Rate 2014-2019
6.3.3 Key Players in United States
6.3.4 United States Automotive Power Steering Gears Import & Export
6.4 European Union
6.4.1 European Union Automotive Power Steering Gears Production Growth Rate 2014-2019
6.4.2 European Union Automotive Power Steering Gears Production Value Growth Rate 2014-2019
6.4.3 Key Players in European Union
6.4.4 European Union Automotive Power Steering Gears Import & Export
6.5 China
6.5.1 China Automotive Power Steering Gears Production Growth Rate 2014-2019
6.5.2 China Automotive Power Steering Gears Production Value Growth Rate 2014-2019
6.5.3 Key Players in China
6.5.4 China Automotive Power Steering Gears Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Automotive Power Steering Gears Consumption by Regions
7.1 Global Automotive Power Steering Gears Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Automotive Power Steering Gears Consumption by Type
7.2.2 United States Automotive Power Steering Gears Consumption by Application
7.3 European Union
7.3.1 European Union Automotive Power Steering Gears Consumption by Type
7.3.2 European Union Automotive Power Steering Gears Consumption by Application
7.4 China
7.4.1 China Automotive Power Steering Gears Consumption by Type
7.4.2 China Automotive Power Steering Gears Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Automotive Power Steering Gears Consumption by Type
7.5.2 Rest of World Automotive Power Steering Gears Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 GKN
8.1.1 GKN Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Automotive Power Steering Gears
8.1.4 Automotive Power Steering Gears Product Introduction
8.1.5 GKN Recent Development
8.2 Robert Bosch
8.2.1 Robert Bosch Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Automotive Power Steering Gears
8.2.4 Automotive Power Steering Gears Product Introduction
8.2.5 Robert Bosch Recent Development
8.3 JTEKT
8.3.1 JTEKT Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Automotive Power Steering Gears
8.3.4 Automotive Power Steering Gears Product Introduction
8.3.5 JTEKT Recent Development
8.4 Nexteer Automotive
8.4.1 Nexteer Automotive Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Automotive Power Steering Gears
8.4.4 Automotive Power Steering Gears Product Introduction
8.4.5 Nexteer Automotive Recent Development
8.5 Thyssenkrupp
8.5.1 Thyssenkrupp Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Automotive Power Steering Gears
8.5.4 Automotive Power Steering Gears Product Introduction
8.5.5 Thyssenkrupp Recent Development
8.6 ZF Friedrichshafen
8.6.1 ZF Friedrichshafen Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Automotive Power Steering Gears
8.6.4 Automotive Power Steering Gears Product Introduction
8.6.5 ZF Friedrichshafen Recent Development
8.7 ATS Automation Tooling Systems
8.7.1 ATS Automation Tooling Systems Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Automotive Power Steering Gears
8.7.4 Automotive Power Steering Gears Product Introduction
8.7.5 ATS Automation Tooling Systems Recent Development
8.8 Mando
8.8.1 Mando Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Automotive Power Steering Gears
8.8.4 Automotive Power Steering Gears Product Introduction
8.8.5 Mando Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Automotive Power Steering Gears Capacity, Production Forecast 2019-2025
9.1.2 Global Automotive Power Steering Gears Production Value Forecast 2019-2025
9.2 Market Forecast by Regions
9.2.1 Global Automotive Power Steering Gears Production and Value Forecast by Regions 2019-2025
9.2.2 Global Automotive Power Steering Gears Consumption Forecast by Regions 2019-2025
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Automotive Power Steering Gears Production Forecast by Type
9.7.2 Global Automotive Power Steering Gears Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Automotive Power Steering Gears Sales Channels
10.2.2 Automotive Power Steering Gears Distributors
10.3 Automotive Power Steering Gears Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porter''s Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Automotive Power Steering Gears Market Size Growth Rate by Type (2019-2025)
1.3.2 Hydraulic Power Steering
1.3.3 Electric Power Steering
1.3.4 Other
1.4 Market Segment by Application
1.4.1 Global Automotive Power Steering Gears Market Share by Application (2019-2025)
1.4.2 Passenger Cars
1.4.3 Commercial Vehicles
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Automotive Power Steering Gears Production Value 2014-2025
2.1.2 Global Automotive Power Steering Gears Production 2014-2025
2.1.3 Global Automotive Power Steering Gears Capacity 2014-2025
2.1.4 Global Automotive Power Steering Gears Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
2.2.1 Global Automotive Power Steering Gears Market Size CAGR of Key Regions
2.2.2 Global Automotive Power Steering Gears Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Automotive Power Steering Gears Capacity by Manufacturers
3.1.2 Global Automotive Power Steering Gears Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Automotive Power Steering Gears Revenue by Manufacturers (2014-2019)
3.2.2 Automotive Power Steering Gears Revenue Share by Manufacturers (2014-2019)
3.2.3 Global Automotive Power Steering Gears Market Concentration Ratio (CR5 and HHI)
3.3 Automotive Power Steering Gears Price by Manufacturers
3.4 Key Manufacturers Automotive Power Steering Gears Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Automotive Power Steering Gears Market
3.6 Key Manufacturers Automotive Power Steering Gears Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Hydraulic Power Steering Production and Production Value (2014-2019)
4.1.2 Electric Power Steering Production and Production Value (2014-2019)
4.1.3 Other Production and Production Value (2014-2019)
4.2 Global Automotive Power Steering Gears Production Market Share by Type
4.3 Global Automotive Power Steering Gears Production Value Market Share by Type
4.4 Automotive Power Steering Gears Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Automotive Power Steering Gears Consumption by Application
6 Production by Regions
6.1 Global Automotive Power Steering Gears Production (History Data) by Regions 2014-2019
6.2 Global Automotive Power Steering Gears Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Automotive Power Steering Gears Production Growth Rate 2014-2019
6.3.2 United States Automotive Power Steering Gears Production Value Growth Rate 2014-2019
6.3.3 Key Players in United States
6.3.4 United States Automotive Power Steering Gears Import & Export
6.4 European Union
6.4.1 European Union Automotive Power Steering Gears Production Growth Rate 2014-2019
6.4.2 European Union Automotive Power Steering Gears Production Value Growth Rate 2014-2019
6.4.3 Key Players in European Union
6.4.4 European Union Automotive Power Steering Gears Import & Export
6.5 China
6.5.1 China Automotive Power Steering Gears Production Growth Rate 2014-2019
6.5.2 China Automotive Power Steering Gears Production Value Growth Rate 2014-2019
6.5.3 Key Players in China
6.5.4 China Automotive Power Steering Gears Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Automotive Power Steering Gears Consumption by Regions
7.1 Global Automotive Power Steering Gears Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Automotive Power Steering Gears Consumption by Type
7.2.2 United States Automotive Power Steering Gears Consumption by Application
7.3 European Union
7.3.1 European Union Automotive Power Steering Gears Consumption by Type
7.3.2 European Union Automotive Power Steering Gears Consumption by Application
7.4 China
7.4.1 China Automotive Power Steering Gears Consumption by Type
7.4.2 China Automotive Power Steering Gears Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Automotive Power Steering Gears Consumption by Type
7.5.2 Rest of World Automotive Power Steering Gears Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 GKN
8.1.1 GKN Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Automotive Power Steering Gears
8.1.4 Automotive Power Steering Gears Product Introduction
8.1.5 GKN Recent Development
8.2 Robert Bosch
8.2.1 Robert Bosch Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Automotive Power Steering Gears
8.2.4 Automotive Power Steering Gears Product Introduction
8.2.5 Robert Bosch Recent Development
8.3 JTEKT
8.3.1 JTEKT Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Automotive Power Steering Gears
8.3.4 Automotive Power Steering Gears Product Introduction
8.3.5 JTEKT Recent Development
8.4 Nexteer Automotive
8.4.1 Nexteer Automotive Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Automotive Power Steering Gears
8.4.4 Automotive Power Steering Gears Product Introduction
8.4.5 Nexteer Automotive Recent Development
8.5 Thyssenkrupp
8.5.1 Thyssenkrupp Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Automotive Power Steering Gears
8.5.4 Automotive Power Steering Gears Product Introduction
8.5.5 Thyssenkrupp Recent Development
8.6 ZF Friedrichshafen
8.6.1 ZF Friedrichshafen Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Automotive Power Steering Gears
8.6.4 Automotive Power Steering Gears Product Introduction
8.6.5 ZF Friedrichshafen Recent Development
8.7 ATS Automation Tooling Systems
8.7.1 ATS Automation Tooling Systems Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Automotive Power Steering Gears
8.7.4 Automotive Power Steering Gears Product Introduction
8.7.5 ATS Automation Tooling Systems Recent Development
8.8 Mando
8.8.1 Mando Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Automotive Power Steering Gears
8.8.4 Automotive Power Steering Gears Product Introduction
8.8.5 Mando Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Automotive Power Steering Gears Capacity, Production Forecast 2019-2025
9.1.2 Global Automotive Power Steering Gears Production Value Forecast 2019-2025
9.2 Market Forecast by Regions
9.2.1 Global Automotive Power Steering Gears Production and Value Forecast by Regions 2019-2025
9.2.2 Global Automotive Power Steering Gears Consumption Forecast by Regions 2019-2025
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Automotive Power Steering Gears Production Forecast by Type
9.7.2 Global Automotive Power Steering Gears Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Automotive Power Steering Gears Sales Channels
10.2.2 Automotive Power Steering Gears Distributors
10.3 Automotive Power Steering Gears Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porter''s Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer