4885.72 thousand Units Growth Expected in Automotive Heated Steering Wheel Market|APAC to Notice Maximum Growth|Technavio

NEW YORK, May 25, 2021 /PRNewswire/ --

The automotive heated steering wheel market is set to grow by 4885.72 thousand units, progressing at a CAGR of over 3% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Autoliv Inc., Bombardier Recreational Products Inc., Gentherm Inc., I.G. Bauerhin GmbH, Ningbo Joyson Electronics Co. Ltd., Polaris Inc., Seco, Symtec Engineers (P) Ltd., Toyoda Gosei Co. Ltd., and ZF Friedrichshafen AG are some of the major market participants. Factors such as the increase in demand for luxury cars, and the rise in auto sales in colder regions will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Automotive Heated Steering Wheel Market 2021-2025: Segmentation

Automotive Heated Steering Wheel Market is segmented as below:

• End-user

          o  OEM

          o  Aftermarket

• Geography

               o  APAC

               o  Europe

               o  North America

               o  South America

               o  The Middle East and Africa

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44500

Automotive Heated Steering Wheel Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the automotive heated steering wheel market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Autoliv Inc., Bombardier Recreational Products Inc., Gentherm Inc., I.G. Bauerhin GmbH, Ningbo Joyson Electronics Co. Ltd., Polaris Inc., Seco, Symtec Engineers (P) Ltd., Toyoda Gosei Co. Ltd., and ZF Friedrichshafen AG.

The report also covers the following areas:

• Automotive Heated Steering Wheel Market size

·  Automotive Heated Steering Wheel Market trends

·  Automotive Heated Steering Wheel Market industry analysis

The increase in demand for luxury cars is likely to emerge as one of the primary drivers of the market. However, the high cost of steering system production hindering the heated steering wheel market may threaten the growth of the market.

Backed with competitive intelligence and benchmarking, our research reports on the automotive heated steering wheel market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Automotive Heated Steering Wheel Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist automotive heated steering wheel market growth during the next five years
• Estimation of the automotive heated steering wheel market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive heated steering wheel market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive heated steering wheel market vendors

Related Reports on Consumer Discretionary Include:

Global Automotive Mirror System Market- The automotive mirror system market is segmented by position (exterior and interior) and geography (APAC, Europe, North America, South America, and MEA).
Download FREE Sample Report

Global Automotive Passive Safety System Market- The automotive passive safety system market is segmented by type (airbags, seatbelts, whiplash protection system, and occupant sensing system) and geography (APAC, North America, Europe, South America, and MEA).
Download FREE Sample Report

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020- 2025

Five Forces Analysis

• Five force summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• OEM - Market size and forecast 2020-2025
• Aftermarket - Market size and forecast 2020-2025
• Market opportunity by End-user

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption
• Competitive scenario

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Autoliv Inc.
• Bombardier Recreational Products Inc.
• Gentherm Inc.
• I.G. Bauerhin GmbH
• Ningbo Joyson Electronics Co. Ltd.
• Polaris Inc.
• Seco
• Symtec Engineers (P) Ltd.
• Toyoda Gosei Co. Ltd.
• ZF Friedrichshafen AG

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Newsroom: https://www.technavio.com/news/automotive-heated-steering-wheelmarket
Report Page: https://www.technavio.com/report/automotive-heated-steering-wheel-market-industry-analysis

SOURCE Technavio