Automotive tie rods are an essential component of the steering system. The automobile tie bar is a narrow primary bar with two finished external ends and one finished internal end. Automotive tie rods connect steering knuckles on either end of the steering rack, allowing the wheel to turn easily. The automobile tie rods feature two sections connected together to modify the length, and this adjustment helps to maintain the vehicle's arrangement point. Tie rods' external finishes are often prone to wear and failure. The end of an automotive tie rod is utilised to coordinate steering and help the wheel in turning.

Automotive Tie Rod Market Overview:

In our analysis of the Automotive Tie Rod Market across multiple industries, our dedicated research team carried out an extensive investigation. To bolster existing data, segment the market, gauge its overall size, and project its growth rate, we conducted thorough secondary research.

This comprehensive study seeks to uncover the drivers propelling the growth of the global Automotive Tie Rod Market, shedding light on its diverse user base. We meticulously sourced data from market participants, various regions, and specific industry requirements. This research proposal, poised for the market, provides a detailed overview of the significant developments currently influencing every facet of the market. Key data analyses will be presented in a range of formats, including statistics, infographics, and presentations.

Automotive Tie Rod Market size was valued at US$ 808.42 Mn. in 2022 and the total revenue is expected to grow at 4.50% through 2023 to 2029, reaching nearly US$ 1100.16 Mn.

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Automotive Tie Rod Market Scope:

In our examination of the Automotive Tie Rod Market across multiple industries, our dedicated research team conducted an extensive and thorough investigation. To reinforce existing data, segment the market, determine its overall size, and forecast its growth rate, we carried out comprehensive secondary research.

This all-encompassing study aims to uncover the driving forces behind the global Automotive Tie Rod Market's expansion, shedding light on its diverse user base. We painstakingly gathered data from market participants, various regions, and specific industry requirements. This meticulously prepared research proposal provides an intricate overview of the significant developments that currently influence every aspect of the market. Key data analyses will be presented in diverse formats, including statistics, infographics, and presentations.

Automotive Tie Rod Market Regional Insights:

The Automotive Tie Rod Market study conducts an extensive analysis at the country level, with a particular emphasis on segments identified as having significant growth potential, countries holding the largest market share, and nations displaying noteworthy development prospects. The geographical segmentation in this study spans North America (including the USA and Canada), South America, Asia Pacific (covering China, Japan, India, and Korea), Europe (encompassing Germany, UK, France, and Italy), as well as other regions.

Automotive Tie Rod Market Segmentation:

by Type

Steering Tie Rod Assembly
Straight Tie Rod Assembly
by Application

Passenger Cars
LCVs
HCVs

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Automotive Tie Rod Market Key Players:
1. Ample Auto Tech Pvt. Ltd. (India)
2. G.S. Autocomp Pvt. Ltd. (India)
3. Sme Lifting (Italy)
4. Peter Eisenreich GmbH (Germany)
5. BO-INNO GmbH. (Germany)
6. JULI SLING CO., LTD (China)
7. Ocap Chassis Parts Pvt. Ltd. (India)
8. FAI Automotive (UK)
9. Powers & Sons (US)
10.Honssion Auto Chassis System (Zhejiang) (China)
11.Patmax Union Corporation (China)
12.Federal-Mogul (U.S.)
13.TRW Automotive (U.S.)
14.ACDelco (U.S.)
15.Ditas (Turkey)
16.Mando Corporation (South Korea)
17.Sankei (Tokyo), KDK Forging (U.S.)
18.Mevotech (Canada)
19.MAS Industries (Canada)
20.FAI Automotive Plc (U.K.)
21.Crown Automotive (U.S.)

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Key questions answered in Automotive Tie Rod Market are:

  • What is the Automotive Tie Rod market size of the dominating region?
  • What was the Automotive Tie Rod market size in 2022?
  • What is the expected Automotive Tie Rod market size by 2029?
  • What is the growth rate of the Automotive Tie Rod Market?
  • Which are the factors expected to drive the Automotive Tie Rod market growth?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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