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 The Rear Axle Steering System 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 The Rear Axle Steering System 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 The Rear Axle Steering System production is XX (K Units). US market value in 2021 is about USD XX billion, and US The Rear Axle Steering System production is XX (K Units). Europe market value in 2021 is about USD XX billion, and Europe The Rear Axle Steering System production is XX (K Units).
Regional Segmentation (Value; Revenue, USD Million, 2017 - 2027) of The Rear Axle Steering System Market by XYZResearch Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in The Rear Axle Steering System Market?
Bosch
Aisin Group
ZF Friedrichshafen
LSP Innovative Automotive Systems
...
Major Type of The Rear Axle Steering System Covered in XYZResearch report:
Single/Central Actuator
Dual Actuator
Application Segments Covered in XYZResearch Market
Passenger Car
Commercial Vehicle
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global The Rear Axle Steering System Market Segment Research Report 2021
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global The Rear Axle Steering System Market by Value
2.2.1 Global The Rear Axle Steering System Revenue by Type
2.2.2 Global The Rear Axle Steering System Market by Value (%)
2.3 Global The Rear Axle Steering System Market by Production
2.3.1 Global The Rear Axle Steering System Production by Type
2.3.2 Global The Rear Axle Steering System Market by Production (%)
3. The Major Driver of The Rear Axle Steering System Industry
3.1 Historical & Forecast Global The Rear Axle Steering System Demand
3.2 Largest Application for The Rear Axle Steering System (2017-2027)
3.3 The Major Downstream Company in China Market 2021
4. Global and Regional The Rear Axle Steering System 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 The Rear Axle Steering System Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US The Rear Axle Steering System 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 The Rear Axle Steering System 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 The Rear Axle Steering System 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 The Rear Axle Steering System 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 The Rear Axle Steering System 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 The Rear Axle Steering System 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 The Rear Axle Steering System 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 The Rear Axle Steering System Average Price Trend
12.1 Market Price for Each Type of The Rear Axle Steering System in US (2017-2021)
12.2 Market Price for Each Type of The Rear Axle Steering System in Europe (2017-2021)
12.3 Market Price for Each Type of The Rear Axle Steering System in China (2017-2021)
12.4 Market Price for Each Type of The Rear Axle Steering System in Japan (2017-2021)
12.5 Market Price for Each Type of The Rear Axle Steering System in India (2017-2021)
12.6 Market Price for Each Type of The Rear Axle Steering System in Korea (2017-2021)
12.7 Market Price for Each Type of The Rear Axle Steering System in Southeast Asia (2017-2021)
13. Industrial Chain (Impact of COVID-19)
13.1 The Rear Axle Steering System Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Technology Trends of The Rear Axle Steering System
14. The Rear Axle Steering System Competitive Landscape
14.1 Bosch
14.1.1 Bosch Company Profiles
14.1.2 Bosch Product Introduction
14.1.3 Bosch The Rear Axle Steering System Sales, Revenue (2017-2021)
14.1.4 Strategic initiatives
14.2 Aisin Group
14.2.1 Aisin Group Company Profiles
14.2.2 Aisin Group Product Introduction
14.2.3 Aisin Group The Rear Axle Steering System Sales, Revenue (2017-2021)
14.2.4 Strategic initiatives
14.3 ZF Friedrichshafen
14.3.1 ZF Friedrichshafen Company Profiles
14.3.2 ZF Friedrichshafen Product Introduction
14.3.3 ZF Friedrichshafen The Rear Axle Steering System Sales, Revenue (2017-2021)
14.3.4 Strategic initiatives
14.4 LSP Innovative Automotive Systems
14.4.1 LSP Innovative Automotive Systems Company Profiles
14.4.2 LSP Innovative Automotive Systems Product Introduction
14.4.3 LSP Innovative Automotive Systems The Rear Axle Steering System Sales, Revenue (2017-2021)
Summary: Get latest Market Research Reports on Rear Axle Steering System. Industry analysis & Market Report on Rear Axle Steering System is a syndicated market report, published as (Post-pandemic Era)-Global The Rear Axle Steering System Market Segment Research Report 2021. It is complete Research Study and Industry Analysis of Rear Axle Steering System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.