Lewes, DE -- (SBWIRE) -- 11/07/2018 -- Global Steering Columns System market will register a 2.1% CAGR in terms of revenue, reach US$ 16100 million by 2023, from US$ 14200 million in 2017.

Steering Columns System 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 column consists of a collapsible housing containing a collapsible rotating shaft. The steering column is connected to the input shaft of the steering gear by a flexible joint. This allows the alignment, and reduces the transmission of road shocks back to the driver. Some of the steering columns have an intermediate shaft, which runs at about an oblique angle, from the column to the steering gear. Some manufacturers fit sensors and control units to the steering column, that provide information to steering control modules as part of an electric assisted or 4-wheel steering system.

In the last several years, Global market of Steering Columns System developed smoothly, with an average growth rate of 3%. In 2015, Global revenue of Steering Columns System is nearly 13.5 billion USD; the actual production is about 96000 K units.

The global average price of Steering Columns System is in the decreasing trend, from 147.8 USD/Unit in 2011 to 141.0 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.

The classification of Steering Columns System includes Manually Adjustable, Non-adjustable and Electrically Adjustable. The production proportion of Manually Adjustable Steering Columns System in 2015 is about 66%.

Over the next five years, Study projects that Steering Columns System will register a 2.1% CAGR in terms of revenue, reach US$ 16100 million by 2023, from US$ 14200 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Bosch
JTEKT
Nexteer
ThyssenKrupp
TRW
NSK
Mando
Schaeffler
Continental
Fuji Kiko
Showa
Namyang
Henglong
Coram Group
Yamada

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Non-adjustable Steering Columns
Manually Adjustable Steering Columns
Electrically Adjustable Steering Columns

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Passenger Vehicle
Commercial Vehicle

Spanning over 142 pages "Forecast of Global Steering Columns System Market 2023" report covers Steering Columns System Market Overview, Global Steering Columns System Sales, Revenue (Value) and Market Share by Players, Global Steering Columns System Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Steering Columns System Sales, Revenue and Price, Europe Top 5 Players Steering Columns System Sales, Revenue and Price, Asia-Pacific Top 5 Players Steering Columns System Sales, Revenue and Price, South America Top 5 Players Steering Columns System Sales, Revenue and Price, Middle East & Africa Top 5 Players Steering Columns System Sales, Revenue and Price, Global Steering Columns System Players Profiles/Analysis, Global Steering Columns System Market Forecast (2018-2023), Steering Columns System Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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