This report presents the worldwide Mechanical Steering Gear market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Mechanical steering gear system can be explained as a steering system which uses mechanical force as a driver. It can also be referred as a non-power steering gear system or manual steering gear system. This system can be of two types - rack and pinion gear system in which the rotational motion of the pinion is converted into the linear motion of the rack which is used to move the steering system, and recirculating ball steering system in which a box containing various ball bearings is attached to the drive, when the steering wheel is moved the drive turns the ball bearings forcing them to reach the nut and this force is used to drive the system.
The market share of Asia Pacific is highest in the manufacturing and consumption of mechanical steering gear systems because of the heavy use of light weight vehicles and the use of conventional technology in this region. India and China are the global leaders of mechanical steering gear systems and are expected to grow in future. It is followed by the Middle East and African countries which also uses manual steering systems in the light weight vehicles. North America, Latin America, and Europe also have a decent market share of mechanical steering gear systems, but the use of hydraulic and power steering systems are more in this region.
The Mechanical Steering Gear market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Mechanical Steering Gear.
The following manufacturers are covered in this report:
India Auto Ancillaries
Mechanical Steering Gear Breakdown Data by Type
Mechanical Steering Gear Breakdown Data by Application
Light Weight Commercial Vehicles
Mechanical Steering Gear Production by Region
Mechanical Steering Gear Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Mechanical Steering Gear status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Mechanical Steering Gear manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Mechanical Steering Gear :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Mechanical Steering Gear market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.