As the market recovers poise, factors such as the growing trend towards electric power steering systems, and rising emphasis on fuel efficiency and safety, are expected to drive future gains. Market dynamics largely depend upon vehicle production as well as replacement demand. The auto industry is experiencing a transformation in terms of use of power steering technology. Hydraulic systems, the predominantly used type, face a decline as electronic versions make significant inroads into the market. Greater fuel efficiency and safety continue to drive uptake of electrical systems and away from conventional steering systems

TABLE OF CONTENTS 

STEERING AND SUSPENSION PARTS			BMR-8019


                                           CONTENTS


  1. METHODOLOGY                                                           1
      Study Reliability and Reporting Limitations                          1
      Disclaimers                                                          2
      Quantitative Techniques & Reporting Level                            3

  2. GLOBAL MARKET OVERVIEW AND OUTLOOK                                    4
      Electric Power Steering Systems - A New Dimension                    4
      Electric Power Steering Systems (EPS) - A Major Technological
       Breakthrough                                                        4
      Replacement Parts Spur the Market                                    4
      Enhanced Suspension Parts - Key to Market Growth                     5
      Present Scenario                                                     5
      Positive Prospects                                                   5
      Market Share Statistics                                              5

  3. ISSUES AND TRENDS                                                     6
      Rising Safety Considerations                                         6
      EAPS Market Poised for Big Leap                                      6
      Electronic Steering Content Per Vehicle onRise                       7
      Shift in Demand From HPS to EPS                                      7
      Rack Electric Power Steering (REPS) - A Key Product Segment          7
      Innovative Steering Technology for Tractors                          7
      Air Suspension Systems on the Rise                                   8
      Technological Developments: A Major Factor Restraining Growth        8

  4. PRODUCT FACTS                                                         8
      Rack and Pinion Steering Gears                                       9
      Ball Joints                                                          9
      Tie Rod Assemblies                                                   9
      Steering Pumps                                                       10
      Other Steering and Suspension Parts                                  10

  5. CORPORATE DEVELOPMENTS                                                10
      Tenneco to Purchase Major Portion of Delphi Assets                   10
      TRW Acquires Certain Braking Machining and Module Assembly
       Assets from Delphi                                                  10
      ArvinMeritor Acquires Mascot Truck Parts Ltd                         11
      Visteon Quits From Global Suspension and Steering Systems
       Product Line                                                        11
      Steering Solutions to Take Over Halfshaft and Steering
       Business of Delphi                                                  11
      The 2008 Toyota LandCruiser 200 Integrates Kinetic Suspension
       Technology of Tenneco                                               11
      ArvinMeritor Bags a Multi-Million-Dollar Contract from
       Navistar Parts                                                      12
      ArvinMeritor Shuts Down Arden Facility                               12
      ArvinMeritor's Planned Developments in Mexico                        12
      Visteon Sells Facilities to Centrum Equities                         12
      Fox Factory Acquired by Private Investment Firm                      13
      Ixetic to Set up Plant in Bulgaria                                   13
      Abhishek Auto Announces JV with KSS                                  13
      Sona Koyo to Expand Capacity                                         13
      TRW Automotive Unveils Electrically Powered Steering (EPS)
       Belt Drive system                                                   13
      Cerberus Capital Management Acquires Tower Automotive                14
      TRW Automotive Holdings Inaugurates a New Facility in Slovakia       14
      The New Mercedes-Benz C-Class Equips Tenneco's Electronic
       Suspension System                                                   14
      Hayes Lemmerz Divests its Suspension Business Operations             14
      Brembo Acquires Brakes Business of Hayes International               15
      TRW and Sun Vacuum to Float a Joint Venture                          15
      TRW to Form a Joint Venture with Arvin Meritor                       15
      ArvinMeritor and Chery to Set Up a JV                                15
      ArvinMeritor Bags a Major Supply Contract from Armor Holdings        15
      JTEKT Corporation and SKSS Establishes a New Joint Venture
       Company                                                             16
      American Standard Cos to Spin off Vehicle Control Systems
       Business                                                            16
      Wanxiang Pockets North American Coupled Products Business            16
      Crestview Partners Acquires Key Safety Systems                       16
      ROL Manufacturing to Acquire Traditional Aftermarket Business        16
      Dayton Parts Pockets S&G Enterprises                                 17
      Lippert Components Acquires Affiliates                               17
      JTEKT-Sona JV to Set up Production Facility                          17
      Jinzhou Wanyou to Supply Products to European Auto Parts Maker       17
      Dana Corp. to Deliver Spicer® Rear Beam Axles to Renault             17
      Holland Group Merges with SAF                                        18
      Visteon Signs an Agreement with SSVP II                              18
      Rane Madras Establishes Production Facility Near Chennai             18
      China Automotive Systems Establishes First Overseas Office           18
      Delphi to Shut Down the Puerto Real Steering System Plant            19
      Ford to Shut Down the Indianapolis Steering Plant                    19
      JTEKT Develops RC EPS System for Full-Sized Vehicles                 19
      ArvinMeritor to Launch Smart Systems Chassis Solutions               19
      ArvinMeritor Introduces a New Remanufactured Component               20
      Dana Corp. Demonstrates its New Spicer® Axle Product Line at
       AGRITECHNICA 2007                                                   20
      Delphi to Introduce New Electric Power Steering Systems              20
      Raven Industries Releases QuickTrax Steering System                  21

  6. MAJOR PLAYERS                                                         21
      Arvinmeritor, Inc. (USA)                                             21
      Cardone Industries, Inc. (USA)                                       21
      Dana Holding Corporation (USA)                                       21
      Delphi Corp. (USA)                                                   22
      Denso Corp. (Japan)                                                  22
      Federal-Mogul Corp. (USA)                                            22
      Fenwick Automotive Products (Canada)                                 22
      JTEKT Corporation (Japan)                                            22
      SOGEFI S.p.A. (Italy)                                                23
      Tenneco Inc. (USA)                                                   23
      TA Delaware, Inc (USA)                                               23
      TRW Automotive Inc. (USA)                                            23
      ZF Friedrichshafen AG (Germany)                                      24

  7. GLOBAL MARKET ANALYTICS                                               24

  8. THE UNITED STATES                                                     30
      Steering and Suspension Parts Aftermarket: An Overview               30
       Impact of Remanufactured Parts                                      30
      Issues and Trends                                                    31
       Incorporation of Advanced Technologies in Vehicles
        Discourages DIYers                                                 31
       Programmed Distribution Channel Tending Towards Consolidation       31
        Retailers Play a Major Role                                        31
        Dealers- Emerging Revenue Contributors to the Market               32
      Competitive Scenario                                                 33
       Market Structure                                                    33
       Major Players                                                       33
      Market Drivers                                                       35
       Surging Number of Vehicles                                          35
       Expanding Vehicle Lifespan                                          35
       Safety Concerns                                                     35
       Rise in Vehicle Usage Rates                                         35
       Testing Weather and Road Conditions                                 36
       Front-Wheel-Drive technology                                        36
       High-Priced Import Applications                                     36
       Do-it-Yourself Sector                                               36
      Market Restraints                                                    37
       Surging Vendor Competition                                          37
       Consolidation among Distributors Affects Manufacturer's Margins     37
       Surging Imports                                                     37
       Rapid Rise in Short-Line Producers                                  37

  9. CANADA                                                                38
      Drivers of Change                                                    38
      Retail Sector - A Vital End-User                                     39

  10. JAPAN                                                                40
      An Insight into Steering and Suspension Parts Market                 40
      Electric Power Steering Systems Drive Market Growth                  41
       Factors Restraining Aftermarket Growth                              41

  11. EUROPE                                                               43

  a. France                                                                46

  b. Germany                                                               47

  c. Italy                                                                 48

  d. The United Kingdom                                                    49

  e. Spain                                                                 50

  f. Russia                                                                51

  g. Rest of Europe                                                        52

  12. ASIA-PACIFIC                                                         53
      Regional Overview                                                    53
       India                                                               53
        Steering and Suspension Parts - An Overview                        53

  13. LATIN AMERICA                                                        54
      Overview                                                             54

  14. REST OF WORLD                                                        56


 EXHIBITS

      Table 1: Percentage Breakdown of Leading Players in the Global
      Steering Systems Market - 2005

      Table 2: Percentage Breakdown of Leading Players in the Global
      Suspension Parts Market - 2005

      Table 3: Global Steering and Suspension Parts Market by Region
      for the Period 2007-2015 (Sales in US$ Million)

      Table 4: Percentage Breakdown of  Global Steering and
      Suspension Parts  Market by Region for the Years  2008 & 2012

      Table 5: Global Rack and Pinion Steering Gears Market by
      Region for the Period 2007-2015 (Sales in US$ Million)

      Table 6: Percentage Breakdown of  Global Rack and Pinion
      Steering  Gears Market by Region for the  Years 2008 & 2012

      Table 7: Global Ball Joints Market by Region for the Period
      2007- 2015 (Sales in US$ Million)

      Table 8: Percentage Breakdown of Global Ball Joints Market by
      Region for the Years 2008 & 2012

      Table 9: Global Tie Rod Assemblies Market by Region for the
      Period 2007-2015 (Sales in US$ Million)

      Table 10: Percentage Breakdown of Global Tie Rod Assemblies
      Market by Region for the Years 2008 & 2012

      Table 11: Global Steering Pumps Market by Region for the
      Period 2007-2015 (Sales in US$ Million)

      Table 12: Percentage Breakdown of Global Steering Pumps Market
      by Region for the Years 2008 & 2012

      Table 13: Global Other Steering and Suspension Parts Market by
      Region for the Period 2007-2015 (Sales in US$ Million)

      Table 14: Percentage Breakdown of Global Other Steering and
      Suspension Parts Market by Region for the Years 2008 & 2012

      Table 15: Percentage Breakdown of the US Steering and
      Suspension Parts Aftermarket by Distribution Channel - 2005

      Table 16: Percentage Breakdown of Leading Players in the US
      Rack and Pinion Steering Gears Aftermarket - 2005

      Table 17: Percentage Breakdown of Leading Players in the US
      Ball Joints Aftermarket - 2005

      Table 18: Percentage Breakdown of Leading Players in the US
      Tie Rod Assemblies Aftermarket - 2005

      Table 19: Percentage Breakdown of Leading Players in the US
      Steering Pumps Aftermarket - 2005

      Table 20: Steering and Suspension Parts Market by Product
      Segment in the US: 2007-2015 (Sales in US$ Million)

      Table 21: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in the US for the Years 2008 &
      2012

      Table 22: Percentage Breakdown of Canadian Auto Parts and
      Accessories Firms by Province - 2003

      Table 23: Steering and Suspension Parts Market by Product
      Segment in Canada: 2007-2015 (Sales in US$ Million)

      Table 24: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Canada for the Years 2008 &
      2012

      Table 25: Steering and Suspension Parts Market by Product
      Segment in Japan: 2007-2015 (Sales in US$ Million)

      Table 26: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Japan for the Years 2008 &
      2012

      Table 27: Steering and Suspension Parts Market by Region in
      Europe: 2007-2015 (Sales in US$ Million)

      Table 28: Percentage Breakdown of Steering and Suspension
      Parts Market by Region in Europe for the Years 2008 & 2012

      Table 29: Steering and Suspension Parts Market by Product
      Segment in Europe: 2007-2015 (Sales in US$ Million)

      Table 30: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Europe for the Years 2008 &
      2012

      Table 31: Steering and Suspension Parts Market by Product
      Segment in France: 2007-2015 (Sales in US$ Million)

      Table 32: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in France for the Years 2008 &
      2012

      Table 33: Steering and Suspension Parts Market by Product
      Segment in Germany: 2007-2015 (Sales in US$ Million)

      Table 34: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Germany for the Years 2008
      & 2012

      Table 35: Steering and Suspension Parts Market by Product
      Segment in Italy: 2007-2015 (Sales in US$ Million)

      Table 36: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Italy for the Years 2008 &
      2012

      Table 37: Steering and Suspension Parts Market by Product
      Segment in the UK: 2007-2015 (Sales in US$ Million)

      Table 38: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in the UK for the Years 2008 &
      2012

      Table 39: Steering and Suspension Parts Market by Product
      Segment in Spain: 2007-2015 (Sales in US$ Million)

      Table 40: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Spain for the Years 2008 &
      2012

      Table 41: Steering and Suspension Parts Market by Product
      Segment in Russia: 2007-2015 (Sales in US$ Million)

      Table 42: Percentage Breakdown of  Steering and Suspension
      Parts Market by Product Segment in Russia for the  Years 2008
      & 2012

      Table 43: Steering and Suspension Parts Market by Product
      Segment in  Rest of Europe: 2007-2015 (Sales  in US$ Million)

      Table 44: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Rest of Europe for the
      Years 2008 & 2012

      Table 45: Steering and Suspension Parts Market by Product
      Segment in Asia-Pacific: 2007-2015 (Sales in US$ Million)

      Table 46: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Asia-Pacific for the Years
      2008 & 2012

      Table 47: Steering and Suspension Parts Market by Product
      Segment in Latin America: 2007-2015 (Sales in US$ Million)

      Table 48: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Latin America for the Years
      2008 & 2012

      Table 49: Steering and Suspension Parts Market by Product
      Segment in Rest of World: 2007-2015 (Sales in US$ Million)

      Table 50: Percentage Breakdown of Steering and Suspension
      Parts Market by Product Segment in Rest of World for the Years
      2008 & 2012


 COMPANIES PROFILED
 

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