Global Automotive Steering Control Module Market 2017-2021

About Automotive Steering Control Module

An automotive steering system assists the driver to steer the vehicle in the desired direction. Over the years, automotive steering systems have evolved from rigid mechanisms to more technologically advanced, reliable, smooth, and easy-to-use systems. Modern vehicles are equipped with advanced safety systems and advanced driver assistance systems (ADAS), such as airbags (in steering wheels), antilock braking system (ABS), adaptive cruise control (ACC), and power assist steering (PAS), to ensure smooth and safe driving and to provide enhanced directional stability and agility to the vehicle.

Technavio’s analysts forecast the global automotive steering control module market to grow at a CAGR of 8.14% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive steering control module market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas

Technavio's report, Global Automotive Steering Control Module Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Bosch
• Nexteer Automotive
• ZF Friedrichshafen

Other prominent vendors
• CIE Automotive
• Eaton
• Hyundai Mobis
• KSR International
• Leopold Kostal
• Mando
• Thyssenkrupp

Market driver
• Increasing demand for vehicles
• For a full, detailed list, view our report

Market challenge
• High cost pressure faced by vendors and OEMs
• For a full, detailed list, view our report

Market trend
• Growing demand for SBW technology
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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  • By End User/Applications
  • By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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