Automotive Collapsible Steering Column Market: Introduction
When compressed, a system with two interlocking shafts that make up an automotive collapsible steering column collapses in a telescopic fashion. Without the collapsible mechanism, the steering column frequently has the potential to impale the driver during a severe crash. Collapsible steering columns are hence being adopted quickly in automobiles.
Due to this process, the steering column has a tendency to absorb the majority of the energy that the vehicle’s front receives after a collision. This helps to prevent the driver from receiving all of the impact’s energy. The steering column used to bump into the driver’s body, which frequently resulted in fatalities before the invention of this system.
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The National Highway Traffic Safety Administration (NHTSA) estimates that if all road cars used collapsible steering columns, there would be a yearly reduction of 1,300 fatalities and 23,000 non-fatal injuries. Therefore, collapsible steering column designs are used in vehicles all over the world to ensure the driver’s safety. Global demand for automobile collapsible steering is anticipated to increase significantly in the near future.
The need for improvements in cabin comfort and seating amenities resulted from the reduction of engine compartment capacity and the introduction of mid-size and small passenger vehicles with increased cabin space. One such innovation that is frequently promoted as a unique selling point by the majority of automakers worldwide is the collapsible steering column.
Dynamics
One of the key drivers for collapsible steering column market is increasing concerns regarding mitigation of impact of collision in the event of collision. Growing number of vehicles on the road is leading to the occurrence of traffic congestion and leading to increasing probability of accidents in which front collisions occurs more often. Hence the driver is more vulnerable in case of accidents.
Collapsible steering column has certain application and is quite popular among all categories of vehicles. Not only does the collapsible steering column protects the driver from the impact of collision but it also provides comfortable arrangement for the senior citizens and physically challenged persons. When the steering column is collapsed it creates more space for the driver to get in and out of the vehicle providing convenience to the persons who need extra space.
Various government regulations with respect to increased safety solution in the automotive market is one of the key drivers of automotive collapsible steering column market.
For better handling of the vehicle automotive industry came up with the concept of Multi-axle dynamic steering system. In addition, the concept of foldable steering wheel is also growing at a speedy rate.
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Segmentation
- By Vehicle type the automotive Collapsible Steering Column market can be segmented into:
- Passenger cars
- Commercial cars
Regional Outlook
The global automotive collapsible steering column market is expected to grow owing to its necessary safety and comfort features across the globe. Asia Pacific, owing to its expanding automotive sector is slated to witness substantial growth in the automotive collapsible steering column market during the forecast period.
High demand and consequently, high production of vehicles has been observed in countries, such as China and India, which in turn is creating a potential growth opportunity for the collapsible steering column market. Asia Pacific.
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Market Participants
- Robert Bosch GmbH
- Nexteer Automotive
- Schaeffler Technologies AG & Co.
- Pailton Engineering
- JTEKT Corporation
- NSK Ltd.
- Coram Group
- Sweet Manufacturing, Inc.
- Douglas Autotech Corporation
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K., Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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