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European automotive steering gear market explored in latest research

Automotive power steering is part of a vehicle’s steering system. The main function of a power steering gear is to convert rotational motion of the steering wheel into linear motion and thus control the direction of the wheels.

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Power steering gears are present in both hydraulic power steering and electronic power steering systems. The rack and pinion gear system consists of two gears: a circular gear called pinion and a linear gear called rack.

As a rotational force of steering wheel is applied to the pinion, the teeth of the pinion moves the linear rack. Thus, the rack and pinion gear system converts rotation motion into linear motion and controls the direction of the steering wheel.

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In recirculating ball power steering gears, the worm gear is attached to the end of a steering column. A ball nut rack is mounted on the worm gear.

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The growth of the market is more than Europe and other regions but less than Asia Pacific. The U.S. is the largest market in this region as it is the second largest automotive and passenger vehicles market in the world.

Canada and Mexico are other major markets in this region. Europe is also one of the largest automotive power steering gears market in the world.

Germany is the largest market in this region as it is the largest automotive market in Europe and its passenger vehicle market is fourth largest in the world. The U.K, France, Italy, Spain, Belgium and Netherlands are other key markets in this region.

The automotive power steering gear market growth

The report highlights the various competitive strategies adopted by key players operating in the market to gain market share. Company profiles include company details, market presence by geography and segments, strategic overview, SWOT analysis, and historical revenue.

The report also contains details of market

This report studies sales (consumption) of Automotive Steering Gear in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering
Bosch
Denso
Motorcraft
Cardone
TRW
Power Steering, Inc.
ZFIndia
Cloyes
ACDelco
HLSmith
CTR
Chaoyang
Guangyang
Xianhe
Diamond

Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue, market share and growth rate of Automotive Steering Gear in these countries, from 2017 to 2022 (forecast), like
Germany
France
UK
Russia
Italy
Spain
Benelux

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