Global Steering Thermal Systems In-Depth Monitoring and Development Analysis Report 2023
Global Steering Thermal Systems In-Depth Monitoring and Development Analysis Report 2023
Get latest Market Research Reports on Steering Thermal Systems. Industry analysis and Market Report on Steering Thermal Systems is a syndicated market report, published as Global Steering Thermal Systems Market Research Report . It is complete Research Study and Industry Analysis of Steering Thermal Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market
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In terms of market side, this report researches the Steering Thermal Systems revenue, growth rate, market share by manufacturers, by type, by application and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
The steering thermal systems market is expected to reach usd 4.46 billion by 2030, which was usd 3.39 billion in 2022, at a cagr of 3.50% during the forecast period.
Competitive Landscape Analysis:
The main players in the Steering Thermal Systems market include HL Mando Corp.. (South Korea), ZF Friedrichshafen AG (Germany), Robert Bosch GmbH (Germany), MAHLE GmbH (Germany), and Hanon Systems (South Korea). The share of the top 3 players in the Steering Thermal Systems market is xx%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for xx%, Europe accounted for xx% of Steering Thermal Systems market, and Asia Pacific accounted for xx%.
Segmental Analysis
The report segments the market by Type and Application. Passenger Car accounted for xx% of Steering Thermal Systems market in 2022. Light Commercial Vehicle (LCV) share of xx%.
Air Filter accounted for xx% of the Steering Thermal Systems market in 2022. Condenser accounts for xx%.
Report Includes:
This report presents an overview of global market for Steering Thermal Systems. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key players of Steering Thermal Systems, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Steering Thermal Systems, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Steering Thermal Systems market share and industry ranking of main players, data from 2018 to 2023. Identification of the major stakeholders in the global Steering Thermal Systems market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, from 2018 to 2029. Evaluation and forecast the market size for Steering Thermal Systems sales, projected growth trends, technology, application and end-user industry.
In recent years, a series of factors are affecting the development of the automotive industry.
Electric Vehicles (EVs): The shift towards electric vehicles has gained significant momentum in recent years. Automakers are investing heavily in EV development and expanding their electric vehicle lineups. This trend is driven by factors such as government regulations to reduce emissions, improvements in battery technology, and increasing consumer interest in eco-friendly transportation options.
Autonomous Driving: Autonomous driving technology has advanced rapidly, with the development of sophisticated sensors, machine learning algorithms, and connectivity systems. Automakers and tech companies are investing in autonomous driving research and development, aiming to achieve higher levels of vehicle automation. This trend holds the promise of safer and more efficient transportation, as well as new business models like autonomous ride-hailing services.
Shared Mobility: The concept of shared mobility has gained popularity, particularly in urban areas. Services like ride-hailing, car-sharing, and car subscription models have experienced significant growth. These services offer convenience, cost savings, and reduced traffic congestion by optimizing vehicle utilization. Automakers are responding by entering partnerships or launching their own shared mobility platforms.
Segmental Analysis
North America
United States
Canada
Asia Pacific
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Latin America
Brazil
Argentina
Colombia
Mexico
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Some of the Top Market Players Covered Are:
HL Mando Corp.. (South Korea)
ZF Friedrichshafen AG (Germany)
Robert Bosch GmbH (Germany)
MAHLE GmbH (Germany)
Hanon Systems (South Korea)
Schaeffler AG (Germany)
JTEKT Corporation. (Japan)
thyssenkrupp AG (Germany)
COBO (China)
DENSO CORPORATION. (Japan)
Eaton. (Ireland)
Fujikiko Co.,Ltd. (Japan)
HELLA GmbH & Co. KGaA (Germany)
Kongsberg Automotive (Norway)
Leopold Kostal GmbH & Co. KG (U.S.)
NSK Ltd. (Japan)
Pailton Engineering (U.S.)
Market outlook by product/service type:
Passenger Car
Light Commercial Vehicle (LCV)
Truck
Bus
Market outlook by Application :
Air Filter
Condenser
Compressor
Water Pump
Motor
Heat Exchanger
Heater Control Unit
Thermoelectric Generator
Electric Compressor
Electric Water Pump
Electric Motor
Table of Content
1 Steering Thermal Systems Market Introduction and Overview
1.1 Steering Thermal Systems Definition
1.2 Market Size Analysis by Types
1.3 Market Size Analysis by Application
1.4 Research Purposes
1.5 Report Timeline
1.6 Economic Analysis of Global Regions
2 Steering Thermal Systems Manufacturing Cost Analysis
2.1 Steering Thermal Systems Key Raw Materials Analysis
2.1.1 Key Raw Materials
2.1.2 Price Trend of Key Raw Materials
2.1.3 Key Suppliers of Raw Materials
2.2 Proportion of Manufacturing Cost Structure
2.2.1 Raw Materials
2.2.2 Labor Cost
2.2.3 Manufacturing Expenses
2.3 Manufacturing Process Analysis of Steering Thermal Systems
2.4 Steering Thermal Systems Industrial Chain Analysis
3 Global Market Growth Trends Analysis
3.1 Global Steering Thermal Systems Market Size & Forecast (2018-2029)
3.2 Steering Thermal Systems Growth Trends Analysis by Regions
3.2.1 Steering Thermal Systems Market Size by Regions: 2018 VS 2023 VS 2029
3.2.2 Steering Thermal Systems Historic Market Size by Regions (2018-2023)
3.2.3 Steering Thermal Systems Forecasted Market Size by Regions (2023-2029)
3.2.4 North America Steering Thermal Systems Market Size & Forecast (2018-2029)
3.2.5 Europe Steering Thermal Systems Market Size & Forecast (2018-2029)
3.2.6 Asia-Pacific Steering Thermal Systems Market Size & Forecast (2018-2029)
3.2.7 Latin America Steering Thermal Systems Market Size & Forecast (2018-2029)
3.2.8 Middle East & Africa Steering Thermal Systems Market Size & Forecast (2018-2029)
4 North America
4.1 North America Steering Thermal Systems Revenue by Countries
4.1.1 North America Steering Thermal Systems Revenue by Countries (2018-2029)
4.1.2 North America Steering Thermal Systems Sales by Countries (2018-2029)
4.2 North America Steering Thermal Systems Revenue by Players
4.3 North America Steering Thermal Systems Sales by Types
4.4 North America Steering Thermal Systems Sales by Applications
4.5 United States
4.6 Canada
5 Asia Pacific
5.1 Asia Pacific Steering Thermal Systems Revenue by Countries
5.1.1 Asia Pacific Steering Thermal Systems Revenue by Countries (2018-2029)
5.1.2 Asia Pacific Steering Thermal Systems Sales by Countries (2018-2029)
5.2 Asia Pacific Steering Thermal Systems Revenue by Players
5.3 Asia Pacific Steering Thermal Systems Sales by Types
5.4 Asia Pacific Steering Thermal Systems Sales by Applications
5.5 China
5.6 Japan
5.7 Korea
5.8 Southeast Asia
5.9 India
5.10 Australia
6 Europe
6.1 Europe Steering Thermal Systems Revenue by Countries
6.1.1 Europe Steering Thermal Systems Revenue by Countries (2018-2029)
6.1.2 Europe Steering Thermal Systems Sales by Countries (2018-2029)
6.2 Europe Steering Thermal Systems Revenue by Players
6.3 Europe Steering Thermal Systems Sales by Types
6.4 Europe Steering Thermal Systems Sales by Applications
6.5 Germany
6.6 France
6.7 UK
6.8 Italy
6.9 Russia
6.10 Spain
6.11 Nordic
7 Latin America
7.1 Latin America Steering Thermal Systems Revenue by Countries
7.1.1 Latin America Steering Thermal Systems Revenue by Countries (2018-2029)
7.1.2 Latin America Steering Thermal Systems Sales by Countries (2018-2029)
7.2 Latin America Steering Thermal Systems Revenue by Players
7.3 Latin America Steering Thermal Systems Sales by Types
7.4 Latin America Steering Thermal Systems Sales by Applications
7.5 Brazil
7.6 Argentina
7.7 Colombia
7.8 Mexico
8 Middle East & Africa
8.1 Middle East & Africa Steering Thermal Systems Revenue by Countries
8.1.1 Middle East & Africa Steering Thermal Systems Revenue by Countries (2018-2029)
8.1.2 Middle East & Africa Steering Thermal Systems Sales by Countries (2018-2029)
8.2 Middle East & Africa Steering Thermal Systems Revenue by Players
8.3 Middle East & Africa Steering Thermal Systems Sales by Types
8.4 Middle East & Africa Steering Thermal Systems Sales by Applications
8.5 Egypt
8.6 South Africa
8.7 Israel
8.8 Turkey
8.9 GCC Countries
9 Global Steering Thermal Systems Historical and Forecast Market Analysis by Type
9.1 Global Steering Thermal Systems Revenue and Market Share by Type
9.2 Global Steering Thermal Systems Sales and Market Share by Type
9.3 Global Steering Thermal Systems Revenue Market Forecast by Type (2023-2029)
9.4 Global Steering Thermal Systems Sales Market Forecast by Type (2023-2029)
10 Global Steering Thermal Systems Historical and Forecast Market Analysis by Application
10.1 Global Steering Thermal Systems Revenue Market Share by Application (2018-2023)
10.2 Global Steering Thermal Systems Sales Market Share by Application (2018-2023)
10.3 Steering Thermal Systems Revenue Market Forecast by Application (2023-2029)
10.4 Steering Thermal Systems Sales Market Forecast by Application (2023-2029)
11 Steering Thermal Systems Industry Dynamic Analysis
11.1 Steering Thermal Systems Market Trends Analysis
11.2 Steering Thermal Systems Market Drivers Analysis
11.3 Steering Thermal Systems Market Challenges Analysis
11.4 Steering Thermal Systems Market Restraints Analysis
11.5 Steering Thermal Systems Industry Mergers & Acquisitions
11.6 Steering Thermal Systems Industry New Entrants and Expansion Plans
12 Market Channel, Distributors, Traders and Dealers
12.1 Market Channel Status
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.2 Steering Thermal Systems Typical Distributors
12.3 Steering Thermal Systems Typical Customers
13 Players Profiles13.1 HL Mando Corp.. (South Korea)
13.1.1 HL Mando Corp.. (South Korea) Company Profile
13.1.2 Steering Thermal Systems Product Overview
13.1.3 HL Mando Corp.. (South Korea) Steering Thermal Systems Market Performance (2018-2023)
13.1.4 HL Mando Corp.. (South Korea) Business Overview
13.2 ZF Friedrichshafen AG (Germany)
13.2.1 ZF Friedrichshafen AG (Germany) Company Profile
13.2.2 Steering Thermal Systems Product Overview
13.2.3 ZF Friedrichshafen AG (Germany) Steering Thermal Systems Market Performance (2018-2023)
13.2.4 ZF Friedrichshafen AG (Germany) Business Overview
13.3 Robert Bosch GmbH (Germany)
13.3.1 Robert Bosch GmbH (Germany) Company Profile
13.3.2 Steering Thermal Systems Product Overview
13.3.3 Robert Bosch GmbH (Germany) Steering Thermal Systems Market Performance (2018-2023)
13.3.4 Robert Bosch GmbH (Germany) Business Overview
13.4 MAHLE GmbH (Germany)
13.4.1 MAHLE GmbH (Germany) Company Profile
13.4.2 Steering Thermal Systems Product Overview
13.4.3 MAHLE GmbH (Germany) Steering Thermal Systems Market Performance (2018-2023)
13.4.4 MAHLE GmbH (Germany) Business Overview
13.5 Hanon Systems (South Korea)
13.5.1 Hanon Systems (South Korea) Company Profile
13.5.2 Steering Thermal Systems Product Overview
13.5.3 Hanon Systems (South Korea) Steering Thermal Systems Market Performance (2018-2023)
13.5.4 Hanon Systems (South Korea) Business Overview
13.6 Schaeffler AG (Germany)
13.6.1 Schaeffler AG (Germany) Company Profile
13.6.2 Steering Thermal Systems Product Overview
13.6.3 Schaeffler AG (Germany) Steering Thermal Systems Market Performance (2018-2023)
13.6.4 Schaeffler AG (Germany) Business Overview
13.7 JTEKT Corporation. (Japan)
13.7.1 JTEKT Corporation. (Japan) Company Profile
13.7.2 Steering Thermal Systems Product Overview
13.7.3 JTEKT Corporation. (Japan) Steering Thermal Systems Market Performance (2018-2023)
13.7.4 JTEKT Corporation. (Japan) Business Overview
13.8 thyssenkrupp AG (Germany)
13.8.1 thyssenkrupp AG (Germany) Company Profile
13.8.2 Steering Thermal Systems Product Overview
13.8.3 thyssenkrupp AG (Germany) Steering Thermal Systems Market Performance (2018-2023)
13.8.4 thyssenkrupp AG (Germany) Business Overview
13.9 COBO (China)
13.9.1 COBO (China) Company Profile
13.9.2 Steering Thermal Systems Product Overview
13.9.3 COBO (China) Steering Thermal Systems Market Performance (2018-2023)
13.9.4 COBO (China) Business Overview
13.10 DENSO CORPORATION. (Japan)
13.10.1 DENSO CORPORATION. (Japan) Company Profile
13.10.2 Steering Thermal Systems Product Overview
13.10.3 DENSO CORPORATION. (Japan) Steering Thermal Systems Market Performance (2018-2023)
13.10.4 DENSO CORPORATION. (Japan) Business Overview
13.11 Eaton. (Ireland)
13.11.1 Eaton. (Ireland) Company Profile
13.11.2 Steering Thermal Systems Product Overview
13.11.3 Eaton. (Ireland) Steering Thermal Systems Market Performance (2018-2023)
13.11.4 Eaton. (Ireland) Business Overview
13.12 Fujikiko Co.,Ltd. (Japan)
13.12.1 Fujikiko Co.,Ltd. (Japan) Company Profile
13.12.2 Steering Thermal Systems Product Overview
13.12.3 Fujikiko Co.,Ltd. (Japan) Steering Thermal Systems Market Performance (2018-2023)
13.12.4 Fujikiko Co.,Ltd. (Japan) Business Overview
13.13 HELLA GmbH & Co. KGaA (Germany)
13.13.1 HELLA GmbH & Co. KGaA (Germany) Company Profile
13.13.2 Steering Thermal Systems Product Overview
13.13.3 HELLA GmbH & Co. KGaA (Germany) Steering Thermal Systems Market Performance (2018-2023)
13.13.4 HELLA GmbH & Co. KGaA (Germany) Business Overview
13.14 Kongsberg Automotive (Norway)
13.14.1 Kongsberg Automotive (Norway) Company Profile
13.14.2 Steering Thermal Systems Product Overview
13.14.3 Kongsberg Automotive (Norway) Steering Thermal Systems Market Performance (2018-2023)
13.14.4 Kongsberg Automotive (Norway) Business Overview
13.15 Leopold Kostal GmbH & Co. KG (U.S.)
13.15.1 Leopold Kostal GmbH & Co. KG (U.S.) Company Profile
13.15.2 Steering Thermal Systems Product Overview
13.15.3 Leopold Kostal GmbH & Co. KG (U.S.) Steering Thermal Systems Market Performance (2018-2023)
13.15.4 Leopold Kostal GmbH & Co. KG (U.S.) Business Overview
13.16 NSK Ltd. (Japan)
13.16.1 NSK Ltd. (Japan) Company Profile
13.16.2 Steering Thermal Systems Product Overview
13.16.3 NSK Ltd. (Japan) Steering Thermal Systems Market Performance (2018-2023)
13.16.4 NSK Ltd. (Japan) Business Overview
13.17 Pailton Engineering (U.S.)
13.17.1 Pailton Engineering (U.S.) Company Profile
13.17.2 Steering Thermal Systems Product Overview
13.17.3 Pailton Engineering (U.S.) Steering Thermal Systems Market Performance (2018-2023)
13.17.4 Pailton Engineering (U.S.) Business Overview
14 Research Findings and Conclusion
Research Methodology:
Steering Thermal Systems Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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