A global market review of automotive steering systems - Just-Auto.com
A global market review of automotive steering systems - Just-Auto.com
A global market review of automotive steering systems - Just-Auto.com
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Chapter 1 Introduction Page 4<br />
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Column Drive Electric Power Steering;<br />
Electrically Powered Hydraulic Steering;<br />
Power Rack & Pinion Steering; and<br />
Recirculating Ball Systems.<br />
Although power rack and pinion <strong>steering</strong> <strong>systems</strong> look set to dominate the<br />
<strong>global</strong> vehicle <strong>market</strong> for some years to <strong>com</strong>e - currently accounting for xx% <strong>of</strong><br />
the <strong>global</strong> <strong>market</strong> - demand is gradually switching to electric power <strong>steering</strong><br />
mainly due to fuel consumption and logistical benefits. Consequently, the main<br />
focus <strong>of</strong> this forward-looking report is on the current <strong>market</strong> and outlook for<br />
electrically-assisted <strong>steering</strong> <strong>systems</strong>.<br />
Chapter two sets out our forecast for product trends, fitment levels and <strong>market</strong><br />
wholesale values for all six types <strong>of</strong> <strong>steering</strong> in Western Europe, North<br />
America, Asia-Pacific and worldwide through 2008. It also identifies some<br />
<strong>market</strong> shares for both electrically assisted <strong>steering</strong> and conventional hydraulic<br />
<strong>steering</strong> <strong>systems</strong> in Europe and North America. All in all, this report provides<br />
no less than 50 <strong>market</strong> volume and value forecasts by region and technology<br />
through 2008.<br />
Chapter three sets out some recent innovations and the forces driving those<br />
technical advances.<br />
The likelihood <strong>of</strong> a future dominated by electric <strong>steering</strong> <strong>systems</strong> is prompting<br />
some <strong>market</strong> participants to strengthen their presence in the <strong>market</strong>, investing<br />
in new plant and equipment and forming new joint ventures. For example,<br />
ThyssenKrupp recently acquired a xx% stake in the Mercedes-Benz<br />
Lenkungen <strong>steering</strong> system subsidiary from DaimlerChrysler, adding €xxx<br />
million a year in sales to its growing Presta <strong>steering</strong> system business. In 20xx,<br />
Toyota and three <strong>of</strong> its partners have formed a new joint-venture, called<br />
Favess, to develop, manufacture and sell drive-by-wire electric power <strong>steering</strong><br />
<strong>systems</strong>.<br />
Chapter four provides pr<strong>of</strong>iles <strong>of</strong> the major <strong>steering</strong> system manufacturers,<br />
including Delphi, NSK, ThyssenKrupp, Toyoda Machine Works, TRW, Visteon,<br />
and ZF Lenksysteme.<br />
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