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Worldwide Industry for Automotive Steering Wheels to 2024 - Key Drivers, Challenges and Trends

Research and Markets
·4-min read

Dublin, Dec. 16, 2020 (GLOBE NEWSWIRE) -- The "Global Automotive Steering Wheel Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The automotive steering wheel market is poised to grow by 22.81 million units during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on the automotive steering wheel 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, the latest trends and drivers, and the overall market environment. The market is driven by the increasing use of steering-mounted electronics and adoption of electronic and assisted steering systems.

The automotive steering wheel market analysis includes the application segment and geographic landscape. This study identifies rising automotive production due to the increasing demand for passenger cars and SUVs as one of the prime reasons driving the automotive steering wheel market growth during the next few years.

This report 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 automotive steering wheel market covers the following areas:

  • Automotive steering wheel market sizing

  • Automotive steering wheel market forecast

  • Automotive steering wheel market industry analysis

This 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 wheel market vendors that include Autoliv Inc., GKN Automotive Ltd., Hyundai Mobis Co. Ltd., JTEKT Corp., Nexteer Automotive Corp., Nihon Plast Co. Ltd, Ningbo Joyson Electronics Co. Ltd., Tokai Rika Co. Ltd., Toyoda Gosei Co. Ltd., and ZF Friedrichshafen AG. Also, the automotive steering wheel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on 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.

This report 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.

This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Key Topics Covered:

1. Executive Summary

  • Market Overview

2. Market Landscape

  • Market ecosystem

  • Market characteristics

  • Value chain analysis

3. Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

4. Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

5. Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Passenger cars - Market size and forecast 2019-2024

  • Commercial vehicles - Market size and forecast 2019-2024

  • Market opportunity by Application

6. Customer landscape

7. Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC - Market size and forecast 2019-2024

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

8. Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

9. Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Autoliv Inc.

  • GKN Automotive Ltd.

  • Hyundai Mobis Co. Ltd.

  • JTEKT Corp.

  • Nexteer Automotive Corp.

  • Nihon Plast Co. Ltd

  • Ningbo Joyson Electronics Co. Ltd.

  • Tokai Rika Co. Ltd.

  • Toyoda Gosei Co. Ltd.

  • ZF Friedrichshafen AG

10. Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/ws17zq

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900