A rack and pinion is a type of linear actuator that comprises a pair of gears which convert rotational motion into linear motion.
This report contains market size and forecasts of Automotive Rack & Pinion in global, including the following market information:
Global Automotive Rack & Pinion Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Rack & Pinion Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Rack & Pinion companies in 2021 (%)
The global Automotive Rack & Pinion market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Soft Steel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Rack & Pinion include China Automotive Systems (China), CNK (Japan), Nexteer (USA), KHK Gears (Japan), WITTENSTEIN Alpha (Germany), Ibara Seiki (Japan), JTEKT (Japan), Koyometaltech (Japan) and Mando (Korea), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Rack & Pinion manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Rack & Pinion Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Rack & Pinion Market Segment Percentages, by Type, 2021 (%)
Soft Steel
Half Hard or Hard Steel
Others
Global Automotive Rack & Pinion Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Rack & Pinion Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicles
Global Automotive Rack & Pinion Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Rack & Pinion Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Rack & Pinion revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Rack & Pinion revenues share in global market, 2021 (%)
Key companies Automotive Rack & Pinion sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Rack & Pinion sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
China Automotive Systems (China)
CNK (Japan)
Nexteer (USA)
KHK Gears (Japan)
WITTENSTEIN Alpha (Germany)
Ibara Seiki (Japan)
JTEKT (Japan)
Koyometaltech (Japan)
Mando (Korea)
Nakamura Gear & Machinery (Japan)
Rane Group (India)
Sona Group (India)