INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET FORECAST 2022-2028


 

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES

1.2. SCOPE OF STUDY

1.3. METHODOLOGY

1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES

2.2. COUNTRY SNAPSHOT

2.3. COUNTRY ANALYSIS

2.4. KEY GROWTH ENABLERS

2.5. KEY CHALLENGES

3. KEY ANALYTICS

3.1. IMPACT OF COVID-19 ON AUTOMOTIVE ELECTRIC POWER STEERING MARKET

3.2. KEY MARKET TRENDS

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. BUYERS POWER

3.3.2. SUPPLIERS POWER

3.3.3. SUBSTITUTION

3.3.4. NEW ENTRANTS

3.3.5. INDUSTRY RIVALRY

3.4. OPPORTUNITY MATRIX

3.5. PESTLE ANALYSIS

3.5.1. POLITICAL

3.5.2. ECONOMICAL

3.5.3. SOCIAL

3.5.4. TECHNOLOGICAL

3.5.5. LEGAL

3.5.6. ENVIRONMENTAL

4. MARKET BY VEHICLE TYPE

4.1. PASSENGER CARS

4.2. COMMERCIAL VEHICLES

4.2.1. LIGHT COMMERCIAL VEHICLES (LCV)

4.2.2. MEDIUM & HEAVY COMMERCIAL VEHICLES (M&HCV)

5. MARKET BY MECHANISM

5.1. COLUMN TYPE

5.2. PINION ASSIST

5.3. RACK ASSIST

5.4. OTHER MECHANISMS

6. MARKET BY COMPONENT

6.1. STEERING RACK/COLUMN

6.2. SENSOR

6.3. STEERING MOTOR

6.4. OTHER COMPONENTS

7. COMPETITIVE LANDSCAPE  

7.1. KEY STRATEGIC DEVELOPMENTS

7.1.1. ACQUISITIONS

7.1.2. PRODUCT LAUNCHES

7.1.3. BUSINESS EXPANSIONS

7.2. COMPANY PROFILES

7.2.1. DENSO CORPORATION

7.2.2. HYUNDAI MOBIS

7.2.3. JTEKT CORPORATION

7.2.4. NSK LTD

7.2.5. ZF GROUP

  

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - AUTOMOTIVE ELECTRIC POWER STEERING

TABLE 2: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 3: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

TABLE 4: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY COMMERCIAL VEHICLES, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 5: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY COMMERCIAL VEHICLES, FORECAST YEARS, 2022-2028 (IN $ MILLION)

TABLE 6: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY MECHANISM, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 7: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY MECHANISM, FORECAST YEARS, 2022-2028 (IN $ MILLION)

TABLE 8: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 9: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY COMPONENT, FORECAST YEARS, 2022-2028 (IN $ MILLION)

TABLE 10: LIST OF MERGERS & ACQUISITIONS

TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS

 

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2021

FIGURE 5: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY PASSENGER CARS, 2022-2028 (IN $ MILLION)

FIGURE 6: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY COMMERCIAL VEHICLES, 2022-2028 (IN $ MILLION)

FIGURE 7: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, GROWTH POTENTIAL, BY COMMERCIAL VEHICLES, IN 2021

FIGURE 8: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY LIGHT COMMERCIAL VEHICLES (LCV), 2022-2028 (IN $ MILLION)

FIGURE 9: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY MEDIUM & HEAVY COMMERCIAL VEHICLES (M&HCV), 2022-2028 (IN $ MILLION)

FIGURE 10: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, GROWTH POTENTIAL, BY MECHANISM, IN 2021

FIGURE 11: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY COLUMN TYPE, 2022-2028 (IN $ MILLION)

FIGURE 12: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY PINION ASSIST, 2022-2028 (IN $ MILLION)

FIGURE 13: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY RACK ASSIST, 2022-2028 (IN $ MILLION)

FIGURE 14: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY OTHER MECHANISMS, 2022-2028 (IN $ MILLION)

FIGURE 15: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2021

FIGURE 16: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY STEERING RACK/COLUMN, 2022-2028 (IN $ MILLION)

FIGURE 17: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY SENSOR, 2022-2028 (IN $ MILLION)

FIGURE 18: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY STEERING MOTOR, 2022-2028 (IN $ MILLION)

FIGURE 19: INDIA AUTOMOTIVE ELECTRIC POWER STEERING MARKET, BY OTHER COMPONENTS, 2022-2028 (IN $ MILLION)

 

KEY FINDINGS

The India automotive electric power steering market is set to accelerate with a 5.72% CAGR during the estimated years between 2022 to 2028. The growing real estate and infrastructure segments and huge investment in the untapped market of electric vehicles drive the market growth in the country.

 

Get more Insights into the India Automotive Electric Power Steering Market:

https://inkwoodresearch.com/reports/india-automotive-electric-power-steering-market/

 

MARKET INSIGHTS

The growing economy of India and the rapid rise in the disposable incomes of middle-class consumers are accelerating market growth. Also, India’s low production cost gives momentum to the electric power steering component market with the hike in vehicle production. Additionally, in its 2018 budget, the government of India has modified the tax slabs on hybrid cars, diesel, and gasoline to support the sale of vehicles.

Furthermore, the market is expected to be driven by the growth in budget and sport segment vehicles. Besides, OEMs have started implementing strong and cost-effective electric power steering systems in commercial vehicles like trucks, tractors, etc. Hence, these technologies have been widely used in passenger and light commercial vehicles, fuelling the growth of the India automotive electric power steering market during the forecast period.

 

COMPETITIVE INSIGHTS

Some prominent market players include Hyundai Mobis, ZF Group, JTEKT Corporation, NSK Ltd, etc.

 

Our report offerings include:

·       Explore key findings of the overall market

·       Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

·       Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

·       Market Segmentation caters to a thorough assessment of key segments with their market estimations

·       Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

·       Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

·       Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

·       Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

 

SEGMENTATION

1.    DENSO CORPORATION

2.    HYUNDAI MOBIS

3.    JTEKT CORPORATION

4.    NSK LTD

5.    ZF GROUP

 

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