Summary:

The Automotive Steering Column is a device intended primarily for connecting the steering wheel to the steering mechanism or transferring the driver's input torque from the steering wheel. The Steering Columns System Market deals with the demand and supply, production and scope of the steering column system in various vehicle types across the globe.

Electric power steering segment accounted for the largest share in the previous years and is estimated to continue to grow till 2020 in the Steering Columns System Market. The improving technology and fuel efficiency provided by electric power steering (EPS) is the major driver for this segment.

The Steering Columns System Market in the North America is quite prominent and is expected to witness stable growth in upcoming period 2015-2020. Europe is the leading region with many companies involved in the market.

The APAC region is the largest region for the growth of Steering Columns System Market. The high population and the rise in industrialization are the driving factors of this market during 2015-2020.

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Topics Covered in this Report:

Segmentation in Steering Columns System Market:

According to the market research report by MIR, the Steering Columns System Market is segmented into various categories by vehicle type, by pivot alignment, by steering system, by column type and by geography.

By vehicle type: passenger cars, heavy commercial vehicles and light commercial vehicles.

By pivot alignment: lower pivot steering column, upper pivot tilt and telescopic steering column, lower pivot tilt and telescopic steering column, lower pivot tilt steering column.

By steering system: hydraulic power steering system, electric power steering system, manual rock and pinion steering system, manual worm and roller system, manual recirculating ball and nut steering system.

By column type: nonadjustable steering columns, rake adjustable steering columns, tilt adjustable steering columns, power adjustable steering columns, active energy absorbing steering columns, power one touch adjustability columns, touch control electronic transmission shifter steering column.

By geography: North America, South America, Europe, Asia Pacific and ROW.

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Some of the key companies in the Steering Columns System Market research report by MIR are as follows:
• Bosch (Germany)
• C.O.B.O International (Italy)
• Marimba Auto (USA)
• Pailton Engineering Ltd. (UK)
• Delphi Automotive PLC (UK)

The Steering Columns System Market is rapidly growing market due to rise in automobiles and various types of vehicles across the globe. This market is profitable for investment and is expected to return great revenue gains during 2015-2020. There is high scope of applications of this product in automotive industry across the globe.

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