Automotive Steering Wheel Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Germany, France - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 164 SKU: IRTNTR44027

Automotive Steering Wheel Market Forecast 2024-2028 

The automotive steering wheel market size is forecast to increase by USD 11.20 billion at a CAGR of 7% between 2023 and 2028. One of the key factors driving the market growth and trends is the growing adoption of electronic and assisted steering systems. As part of electrification, power steering systems have been developing continuously, and HPS systems have been phased out owing to the popularity of electro-mechanical systems that are controlled by automated control units. In addition, the use of the EPS systems provides fuel efficiency and eliminates the need for hydraulic oil, as the electric motor only runs when the steering wheel is turned by the driver. A key factor shaping the market growth is the debut of gesture recognition technology in steering wheels. Sensor-based systems, including automotive gesture recognition systems, are being used in the automotive industry.

In addition, it is mainly used to offer comfort and convenience to drivers by enabling them to control the in-vehicle system functions such as using vehicle infotainment systems, adjusting overhead lighting or ambient temperature, opening and closing doors and windows, and answer or reject phone calls. Additionally, the integration of steer-by-wire technology enhances the driving experience by providing smoother steering control and facilitating the implementation of advanced safety features.

What will be the Size of the Market During the Forecast Period?

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What is the Largest-Growing Segments in the Market?

The passenger cars segment is estimated to witness significant growth during the forecast period. The demand for passenger cars is fuelled by the economic development of countries due to the direct correlation between industrial output and population demographics. In addition, the segment is expected to dominate the market due to the increasing demand for passenger cars in emerging countries and the revival of the economies of developed economies. Furthermore, Asia is expected to become a key market for passenger cars due to the economic growth of the middle-class population.

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The passenger cars segment was the largest segment and was valued at USD 16.83 billion in 2018. Moreover, the demand for passenger cars has increased in emerging countries like China, Brazil, and India due to economic growth and the rising purchasing power of people. In addition, the growth of these emerging markets has been strong due to rapid industrialization and the rising volume of global trade. Furthermore, the recovery of the automotive industry in developed regions such as North America and Europe is also steadily increasing the demand for passenger cars in these regions. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 52% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Several countries including China, India, Thailand, Indonesia, and South Korea, which are the fastest-growing economies in the world, are located in APAC. In addition, the rapid economic growth of the region has increased the per-capita income drastically in the past couple of years, which improved peoples purchasing power and increased the demand for passenger cars. In addition, most countries in the region have been actively spending on infrastructure and industrial development. Therefore, the demand for commercial vehicles is high. Emerging markets such as India are contributing to the high-volume sales of passenger cars and commercial vehicles.  Furthermore, China and India have price-sensitive customers. Hence, such factors are driving the market growth in APAC during the forecast period.

Market Dynamics and Customer Landscape 

The market is witnessing growth driven by the increasing adoption of electronic and assisted steering systems across various vehicle segments, including Electric Vehicles (EVs) and the passenger car segment. A significant trend in this market is the debut of gesture recognition technology in steering wheels, enhancing the Human-Machine Interface (HMI) and driving advancements in vehicle control and safety.

However, the industry faces challenges such as system reliability and uncertainty in user acceptance of automated steering wheels, highlighting the importance of addressing concerns related to safety and user experience. With a focus on market trends and analysis, stakeholders navigate through evolving consumer preferences and regulatory landscape, aligning product offerings with market demands. Innovations in steering components like electric power steering (EPS) systems and steering couplers cater to the changing needs of consumers, particularly in developing economies where luxury and comfort travel preferences drive market growth..

Key Market Driver

One of the key factors driving the market growth is the growing adoption of electronic and assisted steering systems. As part of electrification, power steering systems have been developing continuously, and HPS systems have been phased out owing to the popularity of electro-mechanical systems that are controlled by automated control units. In addition, the use of the EPS systems provides fuel efficiency and eliminates the need for hydraulic oil, as the electric motor only runs when the steering wheel is turned by the driver.

Moreover, EPS systems are available only for smaller cars and crossovers as the components are not strong enough to meet the high front axle steering load of heavy-duty trucks and light-duty pick-up trucks, which commonly use HPS systems. In addition, HPS systems require power even if the truck is traveling in a straight line, and EPS systems only need power when the driver turns the steering, which makes the vehicle more fuel-efficient. EPS systems provide approximately a 4% improvement in the fuel economy of vehicles. Hence, such factors are driving the market growth during the forecast period.

Key Market Trends

A key factor shaping the market growth is the debut of gesture recognition technology in steering wheels. Sensor-based systems including automotive gesture recognition systems are being used in the automotive industry. In addition, it is mainly used to offer comfort and convenience to drivers by enabling them to control the in-vehicle system functions such as using vehicle infotainment systems, adjusting overhead lighting or ambient temperature, opening and closing doors and windows, and answer or reject phone calls.

Moreover, gesture moves are processed and recognized using a gesture recognition algorithm by these sensor-based systems to control the onboard systems instead of using physical buttons or touchscreens and haptics. In addition, there are no standards for these gestures. Therefore, the gestures and their respective control may differ among OEMs and Tier-I suppliers. Hence, such factors are driving the market growth during the forecast period.

Major Market Challenge

System reliability and uncertainty in user acceptance of automated steering wheels are one of the key challenges hindering market growth. System reliability impacts the acceptance level of users. In addition, since the passenger vehicles market is likely to register a high number of first-time users of autonomous technologies, customers must be repeatedly assured of the reliability of new technology-enabled systems and subsystems.

Moreover, even though automated steering wheels use advanced ADAS to prevent accidents and assist the driver, clarity about their safety is limited. In addition, even occasional faults in the system can lead to a user discarding such technologies, which could affect the growth of the global automated steering wheel market. Hence, such factors are hindering the market growth during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

A.G Industries Pvt. Ltd: The company offers automotive steering wheels for vehicles including Eicher Tractor Regular, Hyundai Verna, Mahindra Bolero and others.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • AB Volvo
  • Autoliv Inc.
  • Dowlais Group plc
  • Grant Products
  • GSK InTek Co. Ltd.
  • ISOTTA
  • Joyson Safety Systems Aschaffenburg GmbH
  • KKR Metal Components
  • MOMO Srl
  • MZW Motor
  • Nexteer Automotive Group Ltd.
  • Nihon Plast Co. Ltd.
  • SAIC Motor Corp. Ltd.
  • Sun Autoelektrik Pvt. Ltd.
  • Tokai Rika Co. Ltd.
  • Toyoda Gosei Co. Ltd.
  • Valeo SA
  • ZF Friedrichshafen AG
  • Moto Lita Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The market is evolving rapidly with advancements in automotive electrification and the adoption of electric components for enhanced performance and efficiency. Electric Power Steering (EPS) systems have gained prominence due to their contribution to meeting emissions standards and improving fuel consumption. As the industry transitions towards electronic and assisted steering systems, sensors and steer-by-wire steering systems are becoming integral components, offering precise control and safety features.

Gesture recognition technology is revolutionizing steering wheel functionalities, enabling drivers to control various in-vehicle systems effortlessly. This innovation enhances the driving experience and comfort travel by allowing users to adjust settings such as infotainment systems and climate control with simple gestures.

Moreover, the rise of connected cars and autonomous mobility drives the integration of advanced features like Lane-keeping assist and Highway assist, enhancing safety functions and driving efficiency. As luxury cars and light commercial vehicles prioritize luxury and comfort, multi-function steering wheels equipped with cruise control and air conditioning controls offer convenience to users.

In essence, the market is propelled by technological advancements, consumer demand for high-quality products, and regulatory mandates, paving the way for safer, more efficient, and enjoyable driving experiences.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook 
    • Passenger cars
    • Commercial vehicles
  • Channel Outlook 
    • OEM
    • Aftermarket
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Scope

Report Coverage

Details

Page number

164

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2024-2028

USD 11.20 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.7

Regional analysis

APAC, North America, Europe, South America, and the Middle East and Africa

Performing market contribution

APAC at 52%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

A.G Industries Pvt. Ltd., AB Volvo, Autoliv Inc., Dowlais Group plc, Grant Products, GSK InTek Co. Ltd., ISOTTA, Joyson Safety Systems Aschaffenburg GmbH, KKR Metal Components, MOMO Srl, MZW Motor, Nexteer Automotive Group Ltd., Nihon Plast Co. Ltd., SAIC Motor Corp. Ltd., Sun Autoelektrik Pvt. Ltd., Tokai Rika Co. Ltd., Toyoda Gosei Co. Ltd., Valeo SA, ZF Friedrichshafen AG, and Moto Lita Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the automotive steering wheel market growth and forecasting between 2023 and 2028
  • Precise estimation of the market  size and its contribution to the automotive steering wheel market on the parent market
  • Accurate predictions about upcoming market growth trends and changes in consumer behavior
  • Growth of the market industry across APAC, North America, Europe, South America, and the Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of automotive steering wheel market companies

We can help! Our analysts can customize this market analysis and report report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global automotive steering wheel market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global automotive steering wheel market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 Channel Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Channel Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Passenger cars - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Passenger cars - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Passenger cars - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
    • 6.4 Commercial vehicles - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Channel

    • 7.1 Market segments
      • Exhibit 44: Chart on Channel - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Channel - Market share 2023-2028 (%)
    • 7.2 Comparison by Channel
      • Exhibit 46: Chart on Comparison by Channel
      • Exhibit 47: Data Table on Comparison by Channel
    • 7.3 OEM - Market size and forecast 2023-2028
      • Exhibit 48: Chart on OEM - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on OEM - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on OEM - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on OEM - Year-over-year growth 2023-2028 (%)
    • 7.4 Aftermarket - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Aftermarket - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Aftermarket - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Aftermarket - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Aftermarket - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Channel
      • Exhibit 56: Market opportunity by Channel ($ billion)
      • Exhibit 57: Data Table on Market opportunity by Channel ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 France - Market size and forecast 2023-2028
      • Exhibit 95: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 A.G Industries Pvt. Ltd.
              • Exhibit 111: A.G Industries Pvt. Ltd. - Overview
              • Exhibit 112: A.G Industries Pvt. Ltd. - Product / Service
              • Exhibit 113: A.G Industries Pvt. Ltd. - Key offerings
            • 12.4 AB Volvo
              • Exhibit 114: AB Volvo - Overview
              • Exhibit 115: AB Volvo - Business segments
              • Exhibit 116: AB Volvo - Key news
              • Exhibit 117: AB Volvo - Key offerings
              • Exhibit 118: AB Volvo - Segment focus
            • 12.5 Autoliv Inc.
              • Exhibit 119: Autoliv Inc. - Overview
              • Exhibit 120: Autoliv Inc. - Product / Service
              • Exhibit 121: Autoliv Inc. - Key news
              • Exhibit 122: Autoliv Inc. - Key offerings
            • 12.6 ISOTTA
              • Exhibit 123: ISOTTA - Overview
              • Exhibit 124: ISOTTA - Product / Service
              • Exhibit 125: ISOTTA - Key offerings
            • 12.7 Joyson Safety Systems Aschaffenburg GmbH
              • Exhibit 126: Joyson Safety Systems Aschaffenburg GmbH - Overview
              • Exhibit 127: Joyson Safety Systems Aschaffenburg GmbH - Product / Service
              • Exhibit 128: Joyson Safety Systems Aschaffenburg GmbH - Key offerings
            • 12.8 KKR Metal Components
              • Exhibit 129: KKR Metal Components - Overview
              • Exhibit 130: KKR Metal Components - Product / Service
              • Exhibit 131: KKR Metal Components - Key offerings
            • 12.9 MOMO Srl
              • Exhibit 132: MOMO Srl - Overview
              • Exhibit 133: MOMO Srl - Product / Service
              • Exhibit 134: MOMO Srl - Key offerings
            • 12.10 Moto Lita Ltd.
              • Exhibit 135: Moto Lita Ltd. - Overview
              • Exhibit 136: Moto Lita Ltd. - Product / Service
              • Exhibit 137: Moto Lita Ltd. - Key offerings
            • 12.11 MZW Motor
              • Exhibit 138: MZW Motor - Overview
              • Exhibit 139: MZW Motor - Product / Service
              • Exhibit 140: MZW Motor - Key offerings
            • 12.12 Nexteer Automotive Group Ltd.
              • Exhibit 141: Nexteer Automotive Group Ltd. - Overview
              • Exhibit 142: Nexteer Automotive Group Ltd. - Business segments
              • Exhibit 143: Nexteer Automotive Group Ltd. - Key news
              • Exhibit 144: Nexteer Automotive Group Ltd. - Key offerings
              • Exhibit 145: Nexteer Automotive Group Ltd. - Segment focus
            • 12.13 Nihon Plast Co. Ltd.
              • Exhibit 146: Nihon Plast Co. Ltd. - Overview
              • Exhibit 147: Nihon Plast Co. Ltd. - Business segments
              • Exhibit 148: Nihon Plast Co. Ltd. - Key offerings
              • Exhibit 149: Nihon Plast Co. Ltd. - Segment focus
            • 12.14 Sun Autoelektrik Pvt. Ltd.
              • Exhibit 150: Sun Autoelektrik Pvt. Ltd. - Overview
              • Exhibit 151: Sun Autoelektrik Pvt. Ltd. - Product / Service
              • Exhibit 152: Sun Autoelektrik Pvt. Ltd. - Key offerings
            • 12.15 Tokai Rika Co. Ltd.
              • Exhibit 153: Tokai Rika Co. Ltd. - Overview
              • Exhibit 154: Tokai Rika Co. Ltd. - Product / Service
              • Exhibit 155: Tokai Rika Co. Ltd. - Key offerings
            • 12.16 Valeo SA
              • Exhibit 156: Valeo SA - Overview
              • Exhibit 157: Valeo SA - Business segments
              • Exhibit 158: Valeo SA - Key news
              • Exhibit 159: Valeo SA - Key offerings
              • Exhibit 160: Valeo SA - Segment focus
            • 12.17 ZF Friedrichshafen AG
              • Exhibit 161: ZF Friedrichshafen AG - Overview
              • Exhibit 162: ZF Friedrichshafen AG - Business segments
              • Exhibit 163: ZF Friedrichshafen AG - Key news
              • Exhibit 164: ZF Friedrichshafen AG - Key offerings
              • Exhibit 165: ZF Friedrichshafen AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 166: Inclusions checklist
                • Exhibit 167: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 168: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 169: Research methodology
                • Exhibit 170: Validation techniques employed for market sizing
                • Exhibit 171: Information sources
              • 13.5 List of abbreviations
                • Exhibit 172: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              automotive steering wheel market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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