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Tag: Electric power steering market

Opportunities in the Electric Power Steering Market

Press Release
According to the new market research report “Electric Power Steering Market By Component, Type (Ceps, Peps, Reps), Mechanism (Collapsible, Rigid), Motor Type, Application, Off-Highway (Construction, Agricultural), EV (BEV, PHEV, HEV), EV Gear Type, And Region”, Published by MarketsandMarkets™, The global Electric Power Steering Market is projected to grow at a CAGR of 5.0% from 2021 to 2026, to reach a market size of USD 32.2 billion by 2026 from USD. Read More>>

Electric Power Steering Market Forecast to Reach $37.3 Billion by 2025

Press Release
Global Electric Power Steering (EPS) Market is forecast to reach $37.3 billion by 2025, growing at a CAGR of 6.9% during the forecast period from 2020 to 2025. The Electric Power Steering market is driven primarily by the factors such as increasing demand of automated driving vehicles and the need towards green environment. Moreover, rising investments towards research and development for new technologies are estimated to penetrate the market growth in various. Read More>>

Global Electric Power Steering Market is Forecast to Grow at CAGR of 5.89% during 2020-2025

Press Release
Global Electric Power Steering Market is estimated to reach $41.26 billion by 2025, forecast to grow at a CAGR of 5.89% during 2020-2025. Increasing adoption of Electric Power Steering in passenger car, as well as commercial vehicles, is one of the major driving factor that is expected to drive the Automotive Electric Power Steering market during the forecast period. Variable ratio steering changes the co-ordination between the driver’s actions. Global. Read More>>

Electric Power Steering Market| Trends, Opportunities, and Outlook

Press Release
The Global Electric Power Steering Market is projected to grow at a CAGR of 6.27% from 2017 to 2025, to reach a market size of USD 42.01 Billion by 2025 from USD 25.83 Billion in 2017. The major factors driving the growth of the electric power steering market are stringent automotive safety and security norms introduced by the government, rising preference of vehicle electrification among OEMs and Tier I suppliers,. Read More>>

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