AP NEWS

Global Automotive Steering Wheel Market Outlook to 2022 - Projected to Record a CAGR of More Than 4% - ResearchAndMarkets.com

December 18, 2018

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 Trends

Debut 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 Players

Nexteer Automotive Autoliv Toyoda Gosei Joyson Tokairika

Topics Covered

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

For more information about this report visit https://www.researchandmarkets.com/research/45w6sx/global_automotive?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181218005750/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T. Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Steering Systems and Components

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/18/2018 01:36 PM/DISC: 12/18/2018 01:36 PM

http://www.businesswire.com/news/home/20181218005750/en

AP RADIO
Update hourly