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Steer-By-Wire Technology supplement Global Automotive Electric Power Steering Market

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Global automotive steering system market is growing at a CAGR of 5.42%, and is anticipated to reach $38.67 billion by 2028. Read More. – PowerPoint PPT presentation

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Title: Steer-By-Wire Technology supplement Global Automotive Electric Power Steering Market


1
Steer-By-Wire Technology supplement Global
Automotive Electric Power Steering Market
  • Inkwood Research estimates that the Global
    Automotive Electric Power Steering Market will
    propel with a 4.26 CAGR during the forecast
    years, 2022-2030, generating a revenue of
    57180.66 million by 2030.
  • Browse 50 market data Tables and 45 Figures
    spread over 202 Pages, along with an in-depth
    analysis of the Global Automotive Electric Power
    Steering Market by Vehicle Type, Mechanism,
    Component,
  • Geography.
  • This insightful market research report by
    Inkwood Research focuses on market trends,
    leading players, supply chain trends,
    technological innovations, key developments,
    and future strategies. The report covers all
    the aspects of this comprehensive market by
    assessing major geographies and is a valuable
    asset for the existing players, new entrants, and
    future investors. The study presents a detailed
    market analysis with input from industry
    professionals across the value chain.
  • Global Automotive Electric Power Steering Market
    Scenario
  • The automotive electric power steering works on
    the mechanism of electrical energy used to run
    the motor. In a conventional electric vehicle
    (EVs), the entire engineering is based on the
    principle of automobile using batteries to
    operate instead of an internal combustion engine.
    The EV automobile came into inception due to its
    promise of low carbon emission compared to
    traditional gasoline- powered vehicles. In
    addition, EVs are getting subsidized by
    governments since it is energy-efficient
    mobility.
  • Thus, making it more practical for electric
    vehicles to take advantage of a significantly
    more fuel- efficient electric power steering
    system for EVs by eliminating the need to
    constantly run a power steering pump. Tesla cars
    are being manufactured in electric power steering
    systems. Thus, electrification driven by
    companies and government regulations enables the
    adoption of electric power steering in electric
    vehicles and accelerates the growth of the global
    automotive electric power steering market.
  • Request Free Sample Report for the Global
    Automotive Electric Power Steering Market by
    Vehicle Type, Mechanism, Component, Geography
    https//inkwoodresearch.com/reports/automotive-
    steering-system-market/request-free-sample
  • Market Segmentation
  • Market by Component
  • Sensor
  • Steering Motor
  • Steering Rack/Column

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Other Components
2
  • Market by Mechanism
  • Pinion Assist
  • Rack Assist
  • Column Type
  • Other Mechanisms
  • Market by Vehicle Type
  • Commercial Vehicles
  • Passenger Cars
  • Report Highlights
  • The report provides a detailed analysis of
    the current and future market trends to
    identify the investment opportunities
  • Market forecasts till 2030, using estimated
    market values as the base numbers
  • Key market trends across the business segments,
    regions, and countries
  • Key developments and strategies observed in the
    market
  • Market dynamics such as drivers, restraints,
    opportunities, and other trends
  • In-depth company profiles of key players and
    upcoming prominent players
  • Growth prospects among the emerging nations
    through 2030
  • Companies Profiled
  • INFINEON TECHNOLOGIES
  • CHINA AUTOMOTIVE SYSTEMS INC
  • NIDEC CORPORATION
  • ZF GROUP
  • MAHLE GMBH
  • DENSO CORPORATION
  • THYSSENKRUPP AG
  • NEXTEER AUTOMOTIVE GROUP LTD
  • ROBERT BOSCH GMBH
  • HYUNDAI MOBIS
  • MANDO CORPORATION
  • NSK LTD
  • MITSUBISHI ELECTRIC CORPORATION
  • JTEKT CORPORATION

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HITACHI ASTEMO LTD
3
Related Reports GLOBAL AUTOMOTIVE STEERING SYSTEM
MARKET - The global automotive steering system
market is anticipated to grow with a 5.42 CAGR
during the forecast period, 2021-2028. GLOBAL
ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET -
The global advanced driver assistance system
(ADAS) market is expected to surge with a 14.68
CAGR during the estimated period, 2022-2028.
Contact Us Inkwood Research 169, Harrison
Avenue Boston, MA 02111 Tel 1-(857)293-0150 Email
sales_at_inkwoodresearch.com Website
www.inkwoodresearch.com
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