Heated steering wheels are often thought of as a luxury equipment and are most often included in high-end cars. A heating element in the steering wheel heats the rim of the wheel so that the whole touch surface is warm to touch. This eliminates the need for bulky gloves to keep the fingers and hands warm while driving. The system can be activated simply with the help of a steering wheel-mounted switch.
Technavio’s analysts forecast the global automotive heated steering wheel market to grow at a CAGR of 6.82% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global automotive heated steering wheel market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Automotive Heated Steering Wheel Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • Grant Products • Polaris Industries • Smart Planet • Sportsman’s Market
Market driver • Rise in auto sales in colder regions • For a full, detailed list, view our report
Market challenge • High cost of steering system production hindering heated steering wheel market • For a full, detailed list, view our report
Market trend • Introduction of DSMS on heated steering wheels • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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By Infiniti Research Limited
• May 2018
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