The global economy is expected to expand 5.6% in 2021,global recovery is strong but uneven as many emerging market and developing economies continue to struggle with the COVID-19 pandemic, the world is unlikely to ever reach global herd immunity. However, the recovery in many countries is being held back by a resurgence of COVID-19 cases and lagging vaccination progress, as well as the withdrawal of policy support in some instances.
The annual U.S. economic growth rate slipped to -3.5% in 2020, but grew at a yearly pace of more than 6% in the previous two quarters of 2021. The economy of continental Europe bounced back in the second quarter after having contracted in both the fourth quarter of 2020 and the first quarter of 2021, as the vaccinations accelerated, and governments eased restrictions. Among major economies, the annualized growth rate was 6.1% in Germany, 3.6% in France, 11.2% in Italy, and 11.7% in Spain. The especially rapid growth in Spain and Italy was attributed to a surge in consumer spending, likely the result of an easing of economic restrictions.
Regional Economic Prospects: Growth in the East Asia and Pacific is projected to accelerate by 7.7% in 2021, Central Asia is forecast to grow by 3.9% this year, economic activity in the Middle East and North Africa is forecast to advance by 2.4%, South Asia is projected to expand by 6.8%.
The global Bus Steering Systems market size was USD XX billion in 2021. It is likely to progress at a CAGR of XX% during the forecast period of 2022-2027, according to XYZResearch analysis, The segment in Bus Steering Systems market is estimated to reach a market value of USD XX billion by 2021 from an initial market value of USD XX billion in 2021. China market value in 2021 is about USD XX billion, and China Bus Steering Systems production is XX (K Units). US market value in 2021 is about USD XX billion, and US Bus Steering Systems production is XX (K Units). Europe market value in 2021 is about USD XX billion, and Europe Bus Steering Systems production is XX (K Units).
Regional Segmentation (Value; Revenue, USD Million, 2017 - 2027) of Bus Steering Systems Market by XYZResearch Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Bus Steering Systems Market?
Robert Bosch
Daimler
JTEKT
ZF-TRW
NSK
Mando
Showa
ThyssenKrupp
NamYang
Xiao Lin Industry
Hyundai Mobis
Major Type of Bus Steering Systems Covered in XYZResearch report:
Power Steering
Manual Steering
Application Segments Covered in XYZResearch Market
Minisize Bus
Midsize Bus
Largesize Bus
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Bus Steering Systems Market Segment Research Report 2021
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Bus Steering Systems Market by Value
2.2.1 Global Bus Steering Systems Revenue by Type
2.2.2 Global Bus Steering Systems Market by Value (%)
2.3 Global Bus Steering Systems Market by Production
2.3.1 Global Bus Steering Systems Production by Type
2.3.2 Global Bus Steering Systems Market by Production (%)
3. The Major Driver of Bus Steering Systems Industry
3.1 Historical & Forecast Global Bus Steering Systems Demand
3.2 Largest Application for Bus Steering Systems (2017-2027)
3.3 The Major Downstream Company in China Market 2021
4. Global and Regional Bus Steering Systems Market
4.1 Regional Market Size in Terms of Production & Demand (2021)
4.2 Regional Market Share in Terms of Revenue (2019-2027)
4.3 Concentration Ratio (CR5& CR10) of Bus Steering Systems Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Bus Steering Systems Production, Demand (2017-2027)
5.1 Current and Estimated Production Breakdown by Type
5.2 Current and Estimated Demand Breakdown by Type
5.3 Current and Estimated Demand Breakdown by Application
5.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
5.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
6. Europe Bus Steering Systems Production, Demand (2017-2027)
6.1 Current and Estimated Production Breakdown by Type
6.2 Current and Estimated Demand Breakdown by Type
6.3 Current and Estimated Demand Breakdown by Application
6.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
6.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
7. China Bus Steering Systems Production, Demand (2017-2027)
7.1 Current and Estimated Production Breakdown by Type
7.2 Current and Estimated Demand Breakdown by Type
7.3 Current and Estimated Demand Breakdown by Application
7.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
7.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
8. Japan Bus Steering Systems Production, Demand (2017-2027)
8.1 Current and Estimated Production Breakdown by Type
8.2 Current and Estimated Demand Breakdown by Type
8.3 Current and Estimated Demand Breakdown by Application
8.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
8.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
9. India Bus Steering Systems Production, Demand (2017-2027)
9.1 Current and Estimated Production Breakdown by Type
9.2 Current and Estimated Demand Breakdown by Type
9.3 Current and Estimated Demand Breakdown by Application
9.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
9.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
10. Korea Bus Steering Systems Production, Demand (2017-2027)
10.1 Current and Estimated Production Breakdown by Type
10.2 Current and Estimated Demand Breakdown by Type
10.3 Current and Estimated Demand Breakdown by Application
10.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
10.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
11. Southeast Asia Bus Steering Systems Production, Demand (2017-2027)
11.1 Current and Estimated Production Breakdown by Type
11.2 Current and Estimated Demand Breakdown by Type
11.3 Current and Estimated Demand Breakdown by Application
11.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
11.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
12. Global Bus Steering Systems Average Price Trend
12.1 Market Price for Each Type of Bus Steering Systems in US (2017-2021)
12.2 Market Price for Each Type of Bus Steering Systems in Europe (2017-2021)
12.3 Market Price for Each Type of Bus Steering Systems in China (2017-2021)
12.4 Market Price for Each Type of Bus Steering Systems in Japan (2017-2021)
12.5 Market Price for Each Type of Bus Steering Systems in India (2017-2021)
12.6 Market Price for Each Type of Bus Steering Systems in Korea (2017-2021)
12.7 Market Price for Each Type of Bus Steering Systems in Southeast Asia (2017-2021)
13. Industrial Chain (Impact of COVID-19)
13.1 Bus Steering Systems Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Technology Trends of Bus Steering Systems
14. Bus Steering Systems Competitive Landscape
14.1 Robert Bosch
14.1.1 Robert Bosch Company Profiles
14.1.2 Robert Bosch Product Introduction
14.1.3 Robert Bosch Bus Steering Systems Sales, Revenue (2017-2021)
14.1.4 Strategic initiatives
14.2 Daimler
14.2.1 Daimler Company Profiles
14.2.2 Daimler Product Introduction
14.2.3 Daimler Bus Steering Systems Sales, Revenue (2017-2021)
14.2.4 Strategic initiatives
14.3 JTEKT
14.3.1 JTEKT Company Profiles
14.3.2 JTEKT Product Introduction
14.3.3 JTEKT Bus Steering Systems Sales, Revenue (2017-2021)
14.3.4 Strategic initiatives
14.4 ZF-TRW
14.4.1 ZF-TRW Company Profiles
14.4.2 ZF-TRW Product Introduction
14.4.3 ZF-TRW Bus Steering Systems Sales, Revenue (2017-2021)
14.4.4 Strategic initiatives
14.5 NSK
14.5.1 NSK Company Profiles
14.5.2 NSK Product Introduction
14.5.3 NSK Bus Steering Systems Sales, Revenue (2017-2021)
14.5.4 Strategic initiatives
14.6 Mando
14.6.1 Mando Company Profiles
14.6.2 Mando Product Introduction
14.6.3 Mando Bus Steering Systems Sales, Revenue (2017-2021)
14.6.4 Strategic initiatives
14.7 Showa
14.7.1 Showa Company Profiles
14.7.2 Showa Product Introduction
14.7.3 Showa Bus Steering Systems Sales, Revenue (2017-2021)
14.7.4 Strategic initiatives
14.8 ThyssenKrupp
14.8.1 ThyssenKrupp Company Profiles
14.8.2 ThyssenKrupp Product Introduction
14.8.3 ThyssenKrupp Bus Steering Systems Sales, Revenue (2017-2021)
14.8.4 Strategic initiatives
14.9 NamYang
14.9.1 NamYang Company Profiles
14.9.2 NamYang Product Introduction
14.9.3 NamYang Bus Steering Systems Sales, Revenue (2017-2021)
14.9.4 Strategic initiatives
14.10 Xiao Lin Industry
14.10.1 Xiao Lin Industry Company Profiles
14.10.2 Xiao Lin Industry Product Introduction
14.10.3 Xiao Lin Industry Bus Steering Systems Sales, Revenue (2017-2021)
Summary: Get latest Market Research Reports on Bus Steering Systems. Industry analysis & Market Report on Bus Steering Systems is a syndicated market report, published as (Post-pandemic Era)-Global Bus Steering Systems Market Segment Research Report 2021. It is complete Research Study and Industry Analysis of Bus Steering Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.