Report overview
Light vehicle steering is the steering system of light vehicle, include: tie rod, steering arm, king pin axis. which allows Light Vehicle to follow the desired course.
This report contains market size and forecasts of Light Vehicle Steering Systems in global, including the following market information:
Global Light Vehicle Steering Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Light Vehicle Steering Systems Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Light Vehicle Steering Systems companies in 2021 (%)
The global Light Vehicle Steering Systems 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.
Hydraulic Power Steering Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Light Vehicle Steering Systems include JTEKT, Bosch, Nexteer, NSK, ThyssenKrupp, ZF, Showa, Mando and Hyundai Mobis. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Light Vehicle Steering Systems 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 Light Vehicle Steering Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Light Vehicle Steering Systems Market Segment Percentages, by Type, 2021 (%)
Hydraulic Power Steering
Electronic Power Steering
Electro-Hydraulic Power Steering
Global Light Vehicle Steering Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Light Vehicle Steering Systems Market Segment Percentages, by Application, 2021 (%)
Sedans
SUVs
Others
Global Light Vehicle Steering Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Light Vehicle Steering Systems 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 Light Vehicle Steering Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Light Vehicle Steering Systems revenues share in global market, 2021 (%)
Key companies Light Vehicle Steering Systems sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Light Vehicle Steering Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
JTEKT
Bosch
Nexteer
NSK
ThyssenKrupp
ZF
Showa
Mando
Hyundai Mobis
