Automotive Rack and Pinion Steering System as an input for many safety systems, including lane keep assist and electronic stability control. Technological advances have helped steering systems evolve from manual to EPS and steer-by-wire systems.
This report contains market size and forecasts of Automotive Rack and Pinion Steering System in global, including the following market information:
Global Automotive Rack and Pinion Steering System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Rack and Pinion Steering System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Rack and Pinion Steering System companies in 2021 (%)
The global Automotive Rack and Pinion Steering System 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.
Steering System Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Rack and Pinion Steering System include JTEKT, Knorr-Bremse, Nexteer Automotive, Robert Bosch GmbH and ZF Friedrichshafen, 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 and Pinion Steering System 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 and Pinion Steering System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Rack and Pinion Steering System Market Segment Percentages, by Type, 2021 (%)
Steering System
Component
Global Automotive Rack and Pinion Steering System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Rack and Pinion Steering System Market Segment Percentages, by Application, 2021 (%)
Passenger Car
Commercial Vehicle
Global Automotive Rack and Pinion Steering System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Rack and Pinion Steering System 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 and Pinion Steering System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Rack and Pinion Steering System revenues share in global market, 2021 (%)
Key companies Automotive Rack and Pinion Steering System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Rack and Pinion Steering System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
JTEKT
Knorr-Bremse
Nexteer Automotive
Robert Bosch GmbH
ZF Friedrichshafen