The Rack and Pinion market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
A rack and pinion is a type of linear actuator that comprises a pair of gears which convert rotational motion into linear motion.
Rack and pinion combinations are often used as part of a simple linear actuator, where the rotation of a shaft powered by hand or by a motor is converted to linear motion.
In the global Rack and Pinion market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Emerson Electric
Pentair
Rotork Controls
Ultimate Power Steering
Sirca
SMC Pneumatics
...
Market Segment by Product Type
Alloy Steel
Carbon Steel
Plastic
Market Segment by Application
Steering
Stairlifts
Rack Railways
Actuators
Drills
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Rack and Pinion market for the forecast period 2020 - 2025?
• What are the driving forces in the Rack and Pinion market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Rack and Pinion industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?