Global Automotive Steering Wheel Market Report, 2017 – 2024 - PowerPoint PPT Presentation

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Global Automotive Steering Wheel Market Report, 2017 – 2024

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Title: Global Automotive Steering Wheel Market Report, 2017 – 2024


1
Automotive Steering Wheel Market Global
Industry Analysis Report, Share, Growth, Price
Trends and Forecast, 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Automotive Steering Wheel
Market
  • Automotive Steering Wheel Market size is
    anticipating noticeable growth due to growth in
    automotive industry as it is key element in
    automobiles.
  • Continued sales in global car industry has
    boosted automotive steering wheel market.
    Positive sales outlook and growing economy in
    developing countries has accelerated the product
    demand.
  • Growing consumer expenditure on vehicle purchase
    has influenced automotive steering wheel market.
    People spends over 15 of their annual income on
    buying an automobile.
  • Rising demand for safety equipped vehicle has
    fueled the demand for automotive steering wheel
    market. Advanced technology in the component has
    added value in vehicle such as power steering.

3
Continued...
  • Challenges faced by automotive steering wheel
    market are extremely complicated linkages,
    chances of overturning and inflated cost.
  • Automotive steering wheel market is divided into
    passenger, light commercial, heavy and medium
    duty vehicles.
  • Passenger vehicle will lead the segment in the
    forecast time. The product is available in small,
    medium and large sizes.
  • The U.S. is one of the largest car manufacturer
    in the world. Easy availability of credit and low
    unemployment rate has created lucrative
    opportunity for vehicle demand sales.
  • Companies are adopting various strategies to
    capture this growing market including, facility
    expansion, merger and acquisition.

4

Browse Full Market Research Report On
Automotive Steering Wheel Market _at_
http//bit.ly/2x3kmAy Request for TOC of
this Research Report _at_ https//www.gminsights.com/
request-sample/detail/2043
https//www.gminsights.com/request-sample/detail/4
9
5
360 Analysis
  • Product Analysis
  • It responds to drivers input to move in a
    specific direction. New technological advancement
    in product has pumped demand for automotive
    steering wheel market.
  • Regional Analysis
  • Asia Pacific, dominated by India and China are
    major contributors in automotive steering wheel
    market with rise in locomotive industry.
    Increasing population and rise in disposable
    income are the factors boosting demand in the
    region.
  • Competitive Market Share
  • Prominent players in automotive steering wheel
    market are Takata Corporation, Tokai Rika,
    AutoLiv, ZF TRW, Key safety systems, Nihon Plast,
    Vehicle Improvement Product and Neaton auto
    products manufacturing.


6
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