Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 4.8%, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of Automotive Steering Systemin the region, the Value – Chain analysis, and the PORTER’s analysis for the Automotive Steering Systems Market at a global level.
The study is consolidated based on two major segments and further into sub-segments, By Component (Hydraulic pump, Steering column, Steering wheel speed sensor, Electric motor), By Technology (Electric power steering (EPS), Electrically assisted hydraulic power steering (EHPS), Hydraulic power steering (HPS)), By Vehicle Type (Passenger cars, Light commercial vehicle) to forecast the market size by value; also, application includes the analysis of past market dynamics from 2016 to 2020, considering 2020 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players (Nexteer Automotive Group Limited, JTEKT Corporation, Hyundai Mobis Co., Ltd., Showa Corporation, NSK Ltd., Robert Bosch GmbH, ThyssenKrupp AG, Hitachi Automotive System Ltd, Mando Corp, ZF Lenksysteme, Showa Corporation, Sona Koyo Steering Systems Ltd., Hyundai Mobis Co. Ltd, TRW Automotive, China Automotive Systems, Inc., Showa Corporation) in the Automotive Steering Systems Market across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Automotive Steering Systems Market.”
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