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.
In 2019, the market size of Mechanical Steering Gear is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Mechanical Steering Gear.
This report studies the global market size of Mechanical Steering Gear, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Mechanical Steering Gear production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ZF TRW
Autocar Professional
India Auto Ancillaries
Sona Koyo
Rane (Madras)
NSK Steering
Mondo
ThyssenKrupp
Market Segment by Product Type
Rotary
Rack
Hydraulic
Market Segment by Application
Light Weight Commercial Vehicles
Construction Industry
Ships
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Mechanical Steering Gear status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Mechanical Steering Gear manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Mechanical Steering Gear. Industry analysis & Market Report on Mechanical Steering Gear is a syndicated market report, published as Global (United States, European Union and China) Mechanical Steering Gear Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Mechanical Steering Gear market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.