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Tag: Electric power steering

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| 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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