Below are some of the key findings from the automotive active rear axle steering market research report
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Global automotive active rear axle steering industry overview
The growing demand for SUV and pickup trucks is a major factor driving the automotive active rear axle steering market growth. Active rear axle steering technology is expected to be heavily adopted in SUVs and pick-up trucks due to their large size. The global SUV market is growing substantially due to the emergence of small and crossover SUVs. Similarly, pick-up trucks have undergone several innovations in recent years, which has led to significant growth in pick-up trucks market. This, in turn, is boosting the demand for automotive active rear axle steering and driving the market growth.
The growing use of active wheel safety systems for safer driving is one of the most crucial automotive active rear axle steering market trends. OEMs and suppliers are focusing heavily on manufacturing vehicles that can assist drivers and protect vehicles from an accident. Features like hydraulic brake boosters can reduce the effort applied to stop a vehicle by providing power assistance to the driver. Such advanced safety systems are expected to drive the future of the automotive industry, by improving vehicle safety. The automotive active rear axle steering market forecast report predicts that fueled by these factors, the market will grow at a CAGR of almost 7% during the forecast period.
Top automotive active rear axle steering companies covered in this market research report
The automotive active rear axle steering market is highly concentrated. The market will enter the growth stage at the end of the forecast period and will create growth opportunities for market players. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this automotive active rear axle steering industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- Bosch
- PARAVAN
- Paul Nutzfahrzeuge
- Valeo
- ZF Friedrichshafen
Automotive active rear axle steering market segmentation based on geographic regions
Global automotive active rear axle steering market analysis reveals that EMEA will lead the automotive active rear axle steering market share, and account for highest market growth throughout the forecast period.
Automotive active rear axle steering market segmentation based on technology
- Single actuator
- Dual actuator
The single actuator segment will lead the automotive active rear axle steering market share. Dual actuator technology will account for highest automotive active rear axle steering market growth during the forecast period. Additionally, the report also provides an accurate prediction of the contribution of the various technologies to the growth of the automotive active rear axle steering market size.
Key highlights of the global automotive active rear axle steering market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the automotive active rear axle steering market during the next five years
- Precise estimation of the global automotive active rear axle steering market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive active rear axle steering industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of automotive active rear axle steering companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market outline
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
- Segmentation by technology
- Comparison by technology
- Single actuator – Market size and forecast 2017-2022
- Dual actuator – Market size and forecast 2017-2022
- Market opportunity by technology
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Rising concept of modular rear axle system
- Growing popularity of active safety systems for safer driving
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Bosch
- PARAVAN
- Paul Nutzfahrzeuge
- Valeo
- ZF Friedrichshafen
PART 15: APPENDIX