Automotive Steering Wheel Market To Reflect Impressive Growth Rate By 2015 - 2023
The India automotive steering wheel market is seems consolidated, as top three players including Toyoda Gosei Co Ltd., Autoliv Inc., and TRW Sun Steering Wheels Pvt. Ltd. held around 60% share. Leading players in the market are making significant efforts in developing new products to get a firm hold in the market. These players are constantly engaged mergers and acquisition and making investments in collaboration and partnership to strengthen their position against their competitors. Other prominent players are focusing on research and development activities with an objective to develop high-end products. In this report, other key players are also analyzed including Emdet Engineers Private Limited, Rane TRW, and Takata Corporation. According to statistics presented in TMR’s report, the India automotive steering wheel market is projected to rise at 7.1% CAGR over the projected period between 2015 and 2023. If the market grows at this rate, its valuation is estima...