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Rack Ends Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

Rack Ends Market Overview:
A rack end, also known as an internal tie rod or shaft joint, is the part of a rack and pinion steering gear system that converts circular motion on the steering wheel into straight-line motion on the wheel. The rack end is the connection between the steering rack and the outer tie rod end connected to the steering knuckle coupled to the wheel.
One end of the rack end connected to the steering rack is inside the steering track, and the end is threaded to which the outer tie rods are mounted with a retaining nut.
Toe adjustment is accomplished by loosening this lock nut and turning the end of the rack to lengthen or shorten the rack. It has a flexible rubber covering known as a boot or bellows or bellows boot. The rack ends play a pivotal role in stabilizing the vehicle by absorbing vibrations caused by unsuitable roads.
Rack Ends market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Rack Ends market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Major Market Segments Covered in Rack Ends Industry Research:
Market Key Players:
Roadsafe Automotive, High Link Auto Parts, ATEK, Aupart Suspension, Ultimate Power Steering, Arora Udyog, F-Tek Auto Engineering
By Type:
- With Threading
- Blank Rack Ends
By Application:
- Automobile
- Construction
- Manufacturing
By Region:
Western and Eastern Europe holds the largest market share in the global rack-end market owing to the large number of automotive industries in these regions. North America holds the second position in the global rack ends market.
While major markets are expected to show modest growth, emerging market APEJ is expected to witness high growth rates in the global rack end market owing to increasing automotive sales in the region. Regions such as Latin America, MEA are expected to exhibit lower growth rates of the global rack end market compared to other regions.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Belgium
- The Netherlands
- Luxembourg
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia-Pacific
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Significant Market Dynamics:
Drivers and Restraints
Rack and pinion steering gear systems with rack ends are common for all types of gear systems, from traditional manual systems to modern power steering systems, which is a major driving force for the global rack ends market.
Steering systems with rack and pinion are expected to boost the global rack end market due to their small size, low cost and relatively easy mechanism compared to other steering systems.
The major drawback of rack and pinion systems is their inability to withstand higher friction levels causing component damage which may hamper the growth of the global rack ends market.
Rack Ends Market report scope:
Report Attributes |
Details |
By Type |
With Threading, Blank Rack Ends |
By Application |
Automobile, Construction, Manufacturing |
By Companies |
Roadsafe Automotive, High Link Auto Parts, ATEK, Aupart Suspension, Ultimate Power Steering, Arora Udyog, F-Tek Auto Engineering |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Key Takeaways from this Rack Ends Report
- Estimate Rack Ends market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
- Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
- Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
- Get a quick viewpoint on the Rack Ends market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
- Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
- Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Study the sales and distribution channels over key geographies to improve top-line revenues.
Frequently Asked Questions-
What are the key types of Rack Ends market?
With Threading, Blank Rack Ends
What are the key applications of Rack Ends market?
Automobile, Construction, Manufacturing
Who are the key players in Rack Ends market?
Roadsafe Automotive, High Link Auto Parts, ATEK, Aupart Suspension, Ultimate Power Steering, Arora Udyog, F-Tek Auto Engineering