Lewes, DE -- (SBWIRE) -- 07/11/2018 -- The worldwide market for Automotive Steering Systems is expected to grow at a CAGR of roughly 2.8% over the next five years, will reach 38400 million US$ in 2023, from 32500 million US$ in 2017, according to a new study.

Automotive Steering Systems refers to a series of devices used to change or maintain the direction of the vehicle; its function is to control the direction according to the driver's aim. Automotive steering system is one of the most basic systems of the vehicle.

Scope of the Report:
- This report focuses on the Automotive Steering Systems in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
- The global automotive steering systems market is relatively concentrated; the sales of top eleven manufacturers account about 67% of total global sales in 2015. The largest manufacture of utomotive steering systems is JTEKT, its sales is 16642 K Unit in 2015. The next is Bosch and ZF.
- Europe is the largest production region of automotive steering systems in 2015. In 2015, the production of automotive steering systems is about 25821 K Unit in Europe; its production of total global production exceeds 24.8%.The next is China. China will be the largest production region in 2016.
- China is the largest consumer of automotive steering systems. In 2015, the consumption of automotive steering systems is about 25725 K Unit in China; its proportion of global market consumption exceeds 25.8%.
- The worldwide market for Automotive Steering Systems is expected to grow at a CAGR of roughly 2.8% over the next five years, will reach 38400 million US$ in 2023, from 32500 million US$ in 2017, according to a new study.

Market Segment by Manufacturers, this report covers
- JTEKT
- Bosch
- ZF
- NSK
- Nexteer Automobile
- Thyssenkrupp
- Mando
- Mobis
- Showa
- Sona Koyo
- CAAS

Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
- EPS
- HPS
- EHPS
- MS

Market Segment by Applications, can be divided into
- Passenger Vehicle
- Commercial Vehicle

There are 15 Chapters to deeply display the global Automotive Steering Systems market.
- Chapter 1, to describe Automotive Steering Systems Introduction, product scope, market overview, market opportunities, market risk, market driving force;
- Chapter 2, to analyze the top manufacturers of Automotive Steering Systems, with sales, revenue, and price of Automotive Steering Systems, in 2016 and 2017;
- Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
- Chapter 4, to show the global market by regions, with sales, revenue and market share of Automotive Steering Systems, for each region, from 2013 to 2018;
- Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
- Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
- Chapter 12, Automotive Steering Systems market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
- Chapter 13, 14 and 15, to describe Automotive Steering Systems sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Spanning over 136 pages "Forecast of Global Automotive Steering Systems Market 2023" report covers Market Overview, Manufacturers Profiles, Global Automotive Steering Systems Market Competition, by Manufacturer, Global Automotive Steering Systems Market Analysis by Regions, North America Automotive Steering Systems by Countries, Type, Application and Manufacturers, Europe Automotive Steering Systems by Countries, Type, Application and Manufacturers, Asia-Pacific Automotive Steering Systems by Countries, Type, Application and Manufacturers, South America Automotive Steering Systems by Countries, Type, Application and Manufacturers, Middle East and Africa Automotive Steering Systems by Countries, Type, Application and Manufacturers, Global Automotive Steering Systems Market Segment by Type, Global Automotive Steering Systems Market Segment by Application, Automotive Steering Systems Market Forecast (2018-2023), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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