Automotive Tie Rods Market: Introduction

Automotive tie rods are the integral part of vehicle steering mechanism. Automotive tie rod is a slender structural bar which has two ends outer end and inner end. Automotive tie rods connect steering knuckles on which to the either end of steering rack which enables the wheel to turn easily. The automotive tie rods have two sections threaded together in order to adjust the length and this adjustment help to maintain the alignment angle of the vehicles. The outer end of the tie rods are most liable to wear & failure.

Automotive tie rods end are utilized to direct the steering of the vehicle and help the wheel to turn. Generally, automotive tie rods are available in pairs which help the cornering and angling of the tire without generating too much torque on the wheel and reducing the chances of wheel misalignment and failure. Historically, automotive tie rod ends required regular lubrication however, now a days, most of the modern vehicles are now maintenance free which also increases the sales of low lubrication require automotive tie rods.

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Automotive Tie Rods Market: Market Participants

Examples of some of the market participants identified across the value chain of the global Automotive Tie Rods Market includes:

• ACDelco
• Crown Automotive
• Ditas
• FAI Automotive Plc
• Federal-Mogul
• KDK Forging
• Mando Corporation
• MAS Industries
• Mevotech
• Sankei
• TRW Automotive

Automotive Tie Rods Market: Segmentation

Automotive Tie Rods Market can be segmented by Vehicle Type, Product type, Distribution Channel and Sales channel:-

On the basis of vehicle type automotive Tie rods market can be segmented into:

• Passenger Car
• Light Commercial Vehicles
• Heavy Commercial Vehicles

On the basis of product type automotive Tie rods market can be segmented into:

• Heavy duty tie rod ends
• Precision tie rod ends
• Steering tie rod ends
• Ball joints tie rod ends.

On the basis of distribution channel automotive Tie rods market can be segmented into:

• Online
• Offline

On the basis of sales channel automotive Tie rods market can be segmented into:

• OEM
• After Market