Global Automotive Steering Wheel Market Outlook to 2022 - Projected to Record a CAGR of More Than 4% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 18, 2018--The “Global Automotive Steering Wheel Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global automotive steering wheel will register a CAGR of more than 4% by 2022.
The advanced steering-assisted safety technologies make the steering feel more stable and appropriate for driving at different speeds and environments. Steering-assisted technologies which includes ASR and DSR modify the steering feel according to the vehicle speed and driving conditions by reducing vehicle yaw and lateral motions. Therefore, this has increased use of steering-mounted electronics making wheels more intuitive which, will drive the steering wheel market growth during the forecast period.
Increasing use of steering-mounted electronics making wheels more intuitive
Steering wheels and steering systems have constantly evolved to keep up with the technological advancement in the automotive industry. Expanded regulatory requirements related to fuel consumption and emissions have made OEMs to invest to develop better components and systems.
Developments of cars without steering
Autonomous cars operate without human interventions. Various automobiles manufactures have entered into partnerships with technology companies to integrate certain level of artificial intelligence (AI) in their vehicles to create autonomous vehicle.
Market TrendsDebut of Gesture Recognition Technology in Steering Wheels Development of Collapsing/Foldable Steering Wheels Continuous Advances in Steering Wheel Technology Steering Wheels as Input for Vital Sign Monitoring
Key PlayersNexteer Automotive Autoliv Toyoda Gosei Joyson Tokairika
1. Executive Summary
2. Scope of the Report
3. Market Landscape
4. Market Sizing
5. Five Forces Analysis
6. Market Segmentation by Application
7. Customer Landscape
8. Geographic Landscape
9. Decision Framework
10. Drivers and Challenges
11. Market Trends
12. Vendor Landscape
13. Vendor Analysis
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Related Topics:Steering Systems and Components
INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 12/18/2018 01:36 PM/DISC: 12/18/2018 01:36 PM