Press release
U.S. Motor Vehicle Steering And Suspension Component (Except Spring) Market 2019| Trade, Analysis, Production, Insights, and Size
IndexBox has just published a new report, the U.S. Motor Vehicle Steering And Suspension Component (Except Spring) Market. Analysis And Forecast to 2025https://www.indexbox.io/store/us-motor-vehicle-steering-and-suspension-component-except-spring-market-analysis-and-forecast-to-2020
Here is a summary of the report's key findings.U.S.: Motor Vehicle Steering Market Overview 2019Motor Vehicle Steering Market Size in the USA
The revenue of the motor vehicle steering market in the U.S. amounted to $X in 2018, coming up by X% against the previous year. The market value increased an average annual rate of +X% from 2013 to 2018; the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2014, when market value increased by X% year-to-year. The motor vehicle steering consumption peaked in 2018, and is likely to see steady growth in the near future.
Motor Vehicle Steering Production in the USA
In value terms, motor vehicle steering production stood at $X in 2018. The total output value increased an average annual rate of +X% from 2013 to 2018; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2014, with an increase of X% y-o-y. The motor vehicle steering production peaked in 2018, and is likely to continue its growth in the immediate term.
Motor Vehicle Steering Exports
Exports from the USA
In 2018, the amount of motor vehicle steering and suspension components (except spring) exported from the U.S. amounted to X tonnes, declining by -X% against the previous year. In general, motor vehicle steering exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. In that year, the motor vehicle steering exports reached their peak volume of X tonnes. From 2017 to 2018, growth of the motor vehicle steering exports stood at a somewhat lower level. In value terms, motor vehicle steering exports stood at $X in 2018. Overall, motor vehicle steering exports continue to indicate an outstanding growth. Over the period under review, the motor vehicle steering exports reached its peak figure level in 2018, and are expected to retain its growth in the immediate term.
Exports by Country
China (X tonnes), the UK (X tonnes) and Brazil (X tonnes) were the main destinations of motor vehicle steering exports from the U.S., with a combined X% share of total exports. These countries were followed by South Africa, Thailand, Turkey, Argentina, India, Germany, Japan, France and Australia, which together accounted for a further X%.From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.In value terms, China ($X), the UK ($X) and Brazil ($X) were the largest markets for motor vehicle steering exported from the U.S. worldwide, together accounting for X% of total exports. These countries were followed by Turkey, South Africa, Thailand, Japan, India, Germany, Argentina, Australia and France, which together accounted for a further X%.In terms of the main countries of destination, Turkey (+X% per year) recorded the highest growth rate of exports, over the last five years, while the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2018, the average motor vehicle steering export price amounted to $X per kg, surging by X% against the previous year. Over the last five year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018, when it surged by X% against the previous year. In that year, the average export prices for motor vehicle steering and suspension components (except spring) attained their peak level, and is likely to continue its growth in the immediate term. Export prices varied noticeably by the country of origin; the country with the highest export price was Japan ($X per kg), while average price for exports to France ($X per kg) was amongst the lowest.From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to China (+X% per year), the export prices for the other major destinations experienced more modest paces of growth.
Motor Vehicle Steering
Companies mentioned:
Robert Bosch Automotive Steering,
Yokohama Industries Americas,
Liquid Robotics,
Thyssenkrupp Bilstein of America,
HWH Corporation,
Hutchens Industries,
Mid-West Fabricating Co.,
Douglas Autotech Corporation,
Asama Coldwater Manufacturing,
Global Steering Systems,
Jtekt Automotive Tennessee-Morristown,
Maval Industries,
American Showa,
Atsco Remanufacturing,
KYB Americas Corporation,
Raytech Powertrain,
NSK Americas,
San-Ei Seiko America,
Hutchinson Aerospace & Industry,
Yamada North America,
ZF Chassis Components,
Fox Factory,
NSK Steering Systems America,
Tenneco Automotive Operating Company,
Key Electronics of Nevada,
Key Safety Restraint Systems,
Reman, Gotec Plus Sun,
Yh America South Carolina ,
Jtekt Automotive Texas,
Prince of Tifton
Source: https://www.indexbox.io/store/us-motor-vehicle-steering-and-suspension-component-except-spring-market-analysis-and-forecast-to-2020
IndexBox, Inc.
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