China's Automobile Steering Device Industry Features,Competition Landscape & Development Trend till 2018

The report makes in-depth analysis on China's automobile steering device industry in the aspects of policy, features & characteristics, competition landscape, demand structure, latest news, development trend as well as key enterprises.


As China's automobile steering device manufacturing industry has developed rapidly, many foreign enterprises have devoted themselves to China's market successively, and the joint ventures are booming in China, so the market share of independent Chinese enterprises have suffered a sharp drop.

According to the latest statistics, China's independent automobile steering device brands hold about 85% market share in the field of commercial vehicles, forming a solid foundation for domestic brands, and about 50% market share in the field of passenger vehicles, where the competition with foreign brands is much fiercer.


In the field of sedan-accessories, the high technical barrier of joint ventures makes the domestic manufacturers hard to expand the business. Therefore, those Chinese enterprises have no choice but to target on independent brands which have a market share less than 30%, resulting a narrow marketing space and limited development scale.

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