Steering Tie Rod Global Market Report 2024

Global Steering Tie Rod Market Report 2024

Steering Tie Rod Global Market Report 2024 – By Position (Inner Tie Rods, Outer Tie Rods), By Material (Carbon Steel, Stainless Steel), By Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), By Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket) – Market Size, Trends, And Global Forecast 2024-2033

Name: Steering Tie Rod Global Market Report 2024
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Steering Tie Rod Global Market Report 2024

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Steering Tie Rod Market Definition

A steering tie rod is a critical component in a vehicle's steering system, connecting the steering rack to the steering knuckle on each front wheel. It transmits force from the steering rack to the wheel, allowing the vehicle to turn and maintain directional control. The proper functioning of tie rods is essential for vehicle stability and safe handling.

The main position types of steering tie rods are inner tie rods and outer tie rods. Inner tie rods are components of the steering system in a vehicle that connect the steering rack to the outer tie rods. The material used is carbon steel and stainless steel, and the vehicle types are passenger cars, light commercial vehicles, and heavy commercial vehicles. It is distributed by various sales channels, such as original equipment manufacturer (OEM) and aftermarket.

Steering Tie Rod Market Segmentation

The steering tie rod market covered in this report is segmented –

1) By Position: Inner Tie Rods, Outer Tie Rods

2) By Material: Carbon Steel, Stainless Steel

3) By Vehicle Type: Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle

4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket

Global Steering Tie Rod Market Size 2023 to 2028: Graph

Steering Tie Rod Market Size 2024 And Growth Rate

The steering tie rod market size has grown strongly in recent years. It will grow from $14.67 billion in 2023 to $15.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to the implementation of safety regulations, growing urbanization and infrastructure development, expansion of automotive supply chains, consumer demand for comfort and handling, and environmental and efficiency standards.

Steering Tie Rod Market Growth Forecast

The steering tie rod market size is expected to see strong growth in the next few years. It will grow to $27.01 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to advancements in electric and autonomous vehicles, technological innovations in materials and manufacturing, integration of Internet of Things (IoT) and artificial intelligence (AI) technologies in vehicles, regulatory emphasis on fuel efficiency and emission, focus on sustainability. Major trends in the forecast period include integration with electric power steering (EPS) systems, demand for customized and versatile tie rod designs, integration of sensors and smart technologies, rising disposable incomes in emerging markets, collaborations, and partnerships.

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Steering Tie Rod Market Driver: Automotive Production Growth Driving Steering Tie Rod Market

Increasing automotive production is expected to propel the growth of the steering tie rod market going forward. Automotive production refers to the process of manufacturing vehicles, including cars, trucks, and other automobiles, from raw materials to finished products ready for sale. The increasing automotive production is driven by growing global demand for vehicles, advancements in technology, and expanding markets. Steering tie rods are essential components used in automotive production to connect the steering rack to the steering knuckle, allowing for controlled steering of the vehicle. For instance, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based association, in 2021, North America manufactured 13.596 million motor vehicles, with production rising to 14.901 million units in 2022, indicating a 9.6% increase year-over-year in vehicle production within the region. Therefore, increasing automotive production is driving the growth of the steering tie rod market.

Global Steering Tie Rod Market Major Players

Major companies operating in the steering tie rod market are The Bosch Group, ZF Friedrichshafen AG, Schaeffler Technologies AG & Co. KG, BorgWarner Inc., APA Industries Inc., NSK Ltd., HL Mando Corp, Moog Inc., Dorman Products, Ingalls Engineering Co., Teknorot Automotive Inc., Federal-Mogul Corporation, Mevotech, Centric Parts, Beck Arnley, CTR Corporation, ACDelco, First Line Ltd., Synergy Manufacturing Inc., Crown Automotive Sales Co. Inc., Ferdinand Bilstein, Optimal AG And Co. KG, TRW Automotive, Sankei Industry Co. Ltd.

Global Steering Tie Rod Market Trend: Innovative Developments In Steering And Suspension Parts

Major companies operating in the steering tie rod market are focused on developing innovative products, such as steering and suspension parts, to offer a variety of repairs and replacements. Steering and suspension parts are crucial components of a vehicle's chassis system that work together to ensure safe handling, ride comfort, and stability. For instance, in November 2021, Delphi Technologies., a UK-based automotive company, launched a new global steering and suspension offering for the Tesla Model S, unlocking a path to a new repair prospect for workshops. The launch includes several new parts, such as control arms, link stabilizers, tie rods, and ball joints, allowing workshops to offer a variety of repairs and replacements for the popular Tesla Model The new parts have undergone impressive performance and safety testing during development, with the Delphi Technologies control arm body showing better strength and fatigue life than the OEM design due to heat treatment.

Steering Tie Rod Market Merger And Acquisition: BorgWarner Inc. Strengthens Market Presence With Drivetek AG Acquisition

In December 2022, BorgWarner Inc., a US-based automotive and e-mobility supplier, acquired Drivetek AG for an undisclosed amount. The acquisition of Drivetek AG strengthens BorgWarner's power electronics and auxiliary inverter capabilities and expands its customer base and industry reach. Drivetek AG is a Switzerland-based company that offers tie rod assembly.

Regional Insights For The Global Steering Tie Rod Market

North America was the largest region in the steering tie rod market in 2023. The regions covered in the steering tie rod market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the steering tie rod market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The steering tie rod market consists of sales of adjustable tie rods, non-adjustable tie rods, and ball-joint tie rod ends. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The steering tie rod market research report is one of a series of new reports from The Business Research Company that provides steering tie rod market statistics, including steering tie rod industry global market size, regional shares, competitors with a steering tie rod market share, detailed steering tie rod market segments, market trends and opportunities, and any further data you may need to thrive in the steering tie rod industry. This steering tie rod market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Steering Tie Rod Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$15.65 billion
Revenue Forecast In 2033	$27.01 billion
Growth Rate	CAGR of 6.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Position: Inner Tie Rods, Outer Tie Rods 2) By Material: Carbon Steel, Stainless Steel 3) By Vehicle Type: Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle 4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	The Bosch Group, ZF Friedrichshafen AG, Schaeffler Technologies AG & Co. KG, BorgWarner Inc., APA Industries Inc., NSK Ltd., HL Mando Corp, Moog Inc., Dorman Products, Ingalls Engineering Co., Teknorot Automotive Inc., Federal-Mogul Corporation, Mevotech, Centric Parts, Beck Arnley, CTR Corporation, ACDelco, First Line Ltd., Synergy Manufacturing Inc., Crown Automotive Sales Co. Inc., Ferdinand Bilstein, Optimal AG And Co. KG, TRW Automotive, Sankei Industry Co. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Steering Tie Rod Market Characteristics

3. Steering Tie Rod Market Trends And Strategies

4. Steering Tie Rod Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Steering Tie Rod Market Size and Growth

5.1. Global Steering Tie Rod Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Steering Tie Rod Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Steering Tie Rod Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Steering Tie Rod Market Segmentation

6.1. Global Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Inner Tie Rods

Outer Tie Rods

6.2. Global Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Carbon Steel

Stainless Steel

6.3. Global Steering Tie Rod Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Passenger Cars

Light Commercial Vehicle

Heavy Commercial Vehicle

6.4. Global Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Original Equipment Manufacturer (OEM)

Aftermarket

7. Steering Tie Rod Market Regional And Country Analysis

7.1. Global Steering Tie Rod Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Steering Tie Rod Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Steering Tie Rod Market

8.1. Asia-Pacific Steering Tie Rod Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Steering Tie Rod Market

9.1. China Steering Tie Rod Market Overview

9.2. China Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Steering Tie Rod Market

10.1. India Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Steering Tie Rod Market

11.1. Japan Steering Tie Rod Market Overview

11.2. Japan Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Steering Tie Rod Market

12.1. Australia Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Steering Tie Rod Market

13.1. Indonesia Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Steering Tie Rod Market

14.1. South Korea Steering Tie Rod Market Overview

14.2. South Korea Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Steering Tie Rod Market

15.1. Western Europe Steering Tie Rod Market Overview

15.2. Western Europe Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Steering Tie Rod Market

16.1. UK Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Steering Tie Rod Market

17.1. Germany Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Steering Tie Rod Market

18.1. France Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Steering Tie Rod Market

19.1. Italy Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Steering Tie Rod Market

20.1. Spain Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Steering Tie Rod Market

21.1. Eastern Europe Steering Tie Rod Market Overview

21.2. Eastern Europe Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Steering Tie Rod Market

22.1. Russia Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Steering Tie Rod Market

23.1. North America Steering Tie Rod Market Overview

23.2. North America Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Steering Tie Rod Market

24.1. USA Steering Tie Rod Market Overview

24.2. USA Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Steering Tie Rod Market

25.1. Canada Steering Tie Rod Market Overview

25.2. Canada Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Steering Tie Rod Market

26.1. South America Steering Tie Rod Market Overview

26.2. South America Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Steering Tie Rod Market

27.1. Brazil Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Steering Tie Rod Market

28.1. Middle East Steering Tie Rod Market Overview

28.2. Middle East Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Steering Tie Rod Market

29.1. Africa Steering Tie Rod Market Overview

29.2. Africa Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Steering Tie Rod Market Competitive Landscape And Company Profiles

30.1. Steering Tie Rod Market Competitive Landscape

30.2. Steering Tie Rod Market Company Profiles

30.2.1. The Bosch Group

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. ZF Friedrichshafen AG

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Schaeffler Technologies AG & Co. KG

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. BorgWarner Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. APA Industries Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Steering Tie Rod Market Other Major And Innovative Companies

31.1. NSK Ltd.

31.2. HL Mando Corp

31.3. Moog Inc.

31.4. Dorman Products

31.5. Ingalls Engineering Co.

31.6. Teknorot Automotive Inc.

31.7. Federal-Mogul Corporation

31.8. Mevotech

31.9. Centric Parts

31.10. Beck Arnley

31.11. CTR Corporation

31.12. ACDelco

31.13. First Line Ltd.

31.14. Synergy Manufacturing Inc.

31.15. Crown Automotive Sales Co. Inc.

32. Global Steering Tie Rod Market Competitive Benchmarking

33. Global Steering Tie Rod Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Steering Tie Rod Market

35. Steering Tie Rod Market Future Outlook and Potential Analysis

35.1 Steering Tie Rod Market In 2028 - Countries Offering Most New Opportunities

35.2 Steering Tie Rod Market In 2028 - Segments Offering Most New Opportunities

35.3 Steering Tie Rod Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Steering Tie Rod Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Steering Tie Rod Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Steering Tie Rod Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: The Bosch Group Financial Performance

Table 76: ZF Friedrichshafen AG Financial Performance

Table 77: Schaeffler Technologies AG & Co. KG Financial Performance

Table 78: BorgWarner Inc. Financial Performance

Table 79: APA Industries Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Steering Tie Rod Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Steering Tie Rod Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Steering Tie Rod Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Steering Tie Rod Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Steering Tie Rod Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Steering Tie Rod Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: The Bosch Group Financial Performance

Figure 76: ZF Friedrichshafen AG Financial Performance

Figure 77: Schaeffler Technologies AG & Co. KG Financial Performance

Figure 78: BorgWarner Inc. Financial Performance

Figure 79: APA Industries Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the steering tie rod market?

How will the steering tie rod market drivers and restraints affect the steering tie rod market dynamics? What forces will shape the steering tie rod industry going forward?

The steering tie rod market major growth driver - Automotive Production Growth Driving Steering Tie Rod Market . For further insights on the steering tie rod market, request a sample here

What is the forecast market size or the forecast market value of the steering tie rod market?

The steering tie rod market size has grown strongly in recent years. It will grow from $14.67 billion in 2023 to $15.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to the implementation of safety regulations, growing urbanization and infrastructure development, expansion of automotive supply chains, consumer demand for comfort and handling, and environmental and efficiency standards. The steering tie rod market size is expected to see strong growth in the next few years. It will grow to $27.01 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to advancements in electric and autonomous vehicles, technological innovations in materials and manufacturing, integration of Internet of Things (IoT) and artificial intelligence (AI) technologies in vehicles, regulatory emphasis on fuel efficiency and emission, focus on sustainability. Major trends in the forecast period include integration with electric power steering (EPS) systems, demand for customized and versatile tie rod designs, integration of sensors and smart technologies, rising disposable incomes in emerging markets, collaborations, and partnerships. For further insights on the steering tie rod market, request a sample here

How is the steering tie rod market segmented?

The steering tie rod market is segmented
1) By Position: Inner Tie Rods, Outer Tie Rods
2) By Material: Carbon Steel, Stainless Steel
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle
4) By Sales Channel: Original Equipment Manufacturer (OEM), AftermarketFor further insights on the steering tie rod market, request a sample here

Which region has the largest share of the steering tie rod market? What are the other regions covered in the report?

North America was the largest region in the steering tie rod market in 2023. The regions covered in the steering tie rod market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the steering tie rod market, request a sample here.

Who are the major players in the steering tie rod market?

What are the key trends in the steering tie rod market?

Major trend in the steering tie rod market - Innovative Developments In Steering And Suspension Parts. For further insights on the steering tie rod market, request a sample here.

What are the major opportunities in the steering tie rod market? What are the strategies for the steering tie rod market?

For detailed insights on the major opportunities and strategies in the steering tie rod market, request a sample here.

How does the steering tie rod market relate to the overall economy and other similar markets?

For detailed insights on steering tie rod market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the steering tie rod industry?

For detailed insights on the mergers and acquisitions in the steering tie rod industry, request a sample here.

What are the key dynamics influencing the steering tie rod market growth? SWOT analysis of the steering tie rod market.

For detailed insights on the key dynamics influencing the steering tie rod market growth and SWOT analysis of the steering tie rod industry, request a sample here.