Automotive Steering Wheels Market
Automotive Steering Wheels Market - Global Industry Assessment & Forecast
#
Pages:
189
2023
Jul - 2024
VMR-VMR-2021-0735
Segments Covered
By
Vehicle Type Passenger Cars, Commercial Vehicles
-
By
Technology Type Normal Steering Wheel, Control Embedded Steering Wheel
-
By
Wheel Type Small Wheel Type, Medium Wheel Type, Large Wheel Type
-
By
Sales Channel Original Equipment Manufacturer, Aftermarket
-
By
Region North America , Europe , Asia Pacific , Latin America, The Middle-East and Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 21.7 Billion |
 Revenue 2032:
|
USD 33.1 Billion |
 Revenue CAGR
(2024 - 2032): |
4.8 % |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Automotive Steering Wheels Market by Vehicle Type by Technology Type by Wheel Type by Sales Channel by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Automotive Steering Wheels supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Automotive Steering Wheels market size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Automotive Steering Wheels supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Automotive Steering Wheels market.
FAQ
Frequently Asked Question
What is the global demand for Automotive Steering Wheels in terms of revenue?
-
The global Automotive Steering Wheels valued at USD 21.7 Billion in 2023 and is expected to reach USD 33.1 Billion in 2032 growing at a CAGR of 4.8 %.
Which are the prominent players in the market?
-
The prominent players in the market are Autoliv Inc., Neaton Auto Products Manufacturing, Inc., ZF Friedrichshafen AG, Joyson Safety Systems, TOYODA GOSEI CO., LTD., Takata Corporation, Valeo Group, Nihon Plast Co., Ltd., Tokai Rika Co., Ltd., Minghsiang Automobile (Wuhan) Industrial Inc., Hyundai Mobis Automotive Parts Co., Ltd., KSS Abhishek Safety Systems Pvt. Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.8 % between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Automotive Steering Wheels include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Automotive Steering Wheels in 2023.
