Steering Knuckle Market size was valued at USD 67.61 Bn. in 2023 and the total Steering Knuckle revenue is expected to grow at a CAGR of 6.2 % from 2024 to 2030, reaching nearly USD 103.01 Bn.
Steering Knuckle Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “ Steering Knuckle Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Steering Knuckle market, with forecasts outspreading to the year 2030.
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Steering Knuckle Market Scope and Methodology:
The Steering Knuckle report provides an in-depth of the market landscape covering several critical factors. In the study, the report discusses the dynamics of the market, with particular emphasis on the latest trends, drivers, and opportunities affecting the industry.
The report covers the main competitors and Steering Knuckle market positions, providing valuable information about the competitive landscape. Key metrics such as sales, turnover, average selling price, and gross margin are analysed in depth while exploring key growth opportunities available to key players in the Steering Knuckle market.
Steering Knuckle Market Regional Insights
The report is divided into several notable countries. In various regions such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, South America (Brazil) and the Middle East and Africa, those countries are included.
Steering Knuckle Market Segmentation
by Vehicle Type
Passenger Cars
Commercial Vehicles
Off-road Vehicles
Others
by Manufacturing Method
Casting
Forging
With a 75% market share, the Forging method category led the market in terms of manufacturing technique. More hardness and durability are added to the product throughout the forging process than during any other method because temperature concentrations are maintained constant. The revealed steering knuckle forging method improves the surface quality of the steering knuckle and significantly increases production efficiency. Its process route design is reasonable, straightforward, and doable. The Automotive Components Manufacturers Association (ACMA) claims that the cheap cost and reduced production costs of forged components have contributed to their increasing popularity in recent years. These are the main causes of the segment’s significant market share.
by Material Type
Steel
Aluminum
Composites
by Sales Channel
OEM
Aftermarket
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Steering Knuckle Market Key Players
1. Teksid S.p.A. (Italy)
2. Farinia SA (USA)
3. TeraFlex Suspensions (USA)
4. Happy Forgings Limited (India)
5. Busche Performance Group (USA)
6. Jikasu Engineering Corp (India)
7. MAG IAS GmbH (Germany)
8. p.A
9. ATTC Manufacturing, Inc. (USA)
10. Sakthi Auto Component Limited (SACL) (India)
11. NINGBO SAP STEERING SYSTEM CO.LTD (China)
12. Beinbauer Group (Germany)
13. Bharat Forge (India)
14. Mevotech LP
15. MOOG Parts
16. MZW Motors
17. Professional Parts Sweden
18. ACDelco Corporation
19. Crown Automotive Sales Co., Ltd.
20. Dorman Products
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Key questions answered in the Steering Knuckle Market are:
- What is Steering Knuckle?
- What was the Steering Knuckle market size in 2023?
- What is the growth rate of the Steering Knuckle Market?
- Which are the factors expected to drive the Steering Knuckle market growth?
- What is the CAGR at which the Steering Knuckle market will grow during the forecast period?
- What are the different segments of the Steering Knuckle Market?
- Which is the fastest-growing region in the Steering Knuckle market?
- What growth strategies are the players considering to increase their presence in Steering Knuckle?
- What are the upcoming opportunities and trends for the Steering Knuckle Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Steering Knuckle Market?
- Who are the leading companies and what are their portfolios in Steering Knuckle Market?
- What segments are covered in the Steering Knuckle Market?
- Who are the key players in the Steering Knuckle market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
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