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.
Key Players
Nexteer Automotive
Autoliv
Toyoda Gosei
JOYSON
TOKAIRIKA
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
Market segmentation by application
Comparison by application
Passenger cars - Market size and forecast 2017-2022
Commercial vehicles - Market size and forecast 2017-2022
Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2017-2022
EMEA - Market size and forecast 2017-2022
Americas - Market size and forecast 2017-2022
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: 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
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