Automotive Steering Column Market Dynamics
Drivers:
- Stringent fuel efficiency norms to drive demand for electrically assisted steering systems
Several governments across the globe have introduced strict emigration and energy frugality regulations for vehicles. Regulatory bodies similar as the National Highway Traffic and Safety Administration (NHTSA) in the US, the International Council on Clean Transportation (ICCT) in Europe, and other associations have enforced line- position regulations. These regulations indicate an average emigration limit that needs to be maintained by automotive OEMs. Electrically supported power steering systems are lighter in weight and are less complex in structure compared to traditional hydraulic steering systems. Also, as there are no energies involved, they're also easier for auto possessors to maintain. As per the US Department of Energy (DOE), in ideal conditions, EPS systems can increase energy effectiveness by 2 to 4, reduce energy consumption by over to 6, and drop CO2 emigrations by 8g/ km. Estimations show that EPS systems have helped save nearly 3 billion gallons of gas since 1999 ( Source Nexteer Automotive). These systems use power only when the bus are turned, unlike hydraulic systems that pump fluid all the time while the machine is running. This directly results in increased energy frugality. The penetration of electrically supported power steering is loftiest in the European region, followed by North America and Asia Oceania independently.
Restrictions/ challenges:
- Failure of electric power steering system subcomponents
Many vehicles configured with electric power steering have endured a failure in their steering system. When the steering wheel gets struck or disengages from the electric motor, EPS (Electric power steering) conking occurs. Utmost of the time, this is caused due to the failure of various electrical factors, the failure of steering control modules, and necklace detector blights, performing in the input of further steering sweats by the motorist, which may lead to accidents, especially at low pets.
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Global Automotive Steering Column Market Scope
The automotive steering column market is segmented on the basis of type , application, pivot alignment type steering system type, sales channel , column type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Hydraulic Power Steering Column
- Electric Power Steering Column
Application
- Passenger Cars
- Commercial Vehicles
Pivot Alignment Type
- Lower Pivot Tilt Steering Column
- Lower pivot Tilt and Telescopic Steering Column
- Upper pivot Tilt Steering Column
- Upper Pivot Tilt
- Telescope Steering Column
Steering System Type
- Manual Rack And Pinion Steering System
- Manual Worm and Roller Steering System
- Manual Recirculating Ball and Nut Steering System
- Hydraulic Power Steering System
- Electric Power Steering System
Sales Channel
- OEM
- Aftermarket
Column Type
- Power Adjustable Steering Columns
- Power one touch Adjustability Columns
- Touch Control Electronic Transmission Shifter Steering Column
- Active-Energy Absorbing Steering Columns
- Non-Adjustable Steering Columns
- Rake Adjustable Steering Columns
Automotive Steering Column Market Regional Analysis/Insights
The countries covered in the automotive steering column market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Automotive Steering Column Market Share Analysis
The automotive steering column market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive steering column market.
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Key Players Automotive Steering Column Market
- COBO ( China)
- DENSO CORPORATION. (Japan)
- Eaton. ( Ireland)
- FLAMING RIVER INDUSTRIES, INC. (US)
- Fujikiko Co.,Ltd. (Washizu)
- HELLA GmbH & Co. KGaA (Germany)
- JTEKT Corporation. (Japan)
- Kongsberg Automotive (Switzerland)
- Leopold Kostal GmbH & Co. KG (US)
- Mando Corp. ( South korea)
- Marimbaauto . ( Canton)
- NSK Ltd. (Japan)
- Pailton Engineering (US)
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