"The
Report Global Electric Power Steering Market 2017-2021 provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
MarketResearchReports.biz"
About Electric Power Steering
The
global automotive industry is experiencing a significant change in
terms of electric power steering systems that are increasingly
replacing hydraulic power steering in vehicles. Electric power
steering system is an improvement over hydraulic system in many ways.
They eliminate the use of power steering pumps, improving fuel
efficiency in vehicles. It provides more precision and a refined
feel, which hydraulic system cannot match. When the thrust of the
innovations in the automotive industry is in speed, safety, and fuel
efficiency, it is evident that technologies such as electronic power
steering systems will eventually capture the market rendering the old
technologies obsolete.
Technavios
analysts forecast the global electric power steering market to grow
at a CAGR of 6.68% during the period 2017-2021.
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Sample Copy Of This Report @
Covered in this report
The report covers the present
scenario and the growth prospects of the global electric power
steering market for 2017-2021. To calculate the market size, the
report considers the revenue generated from the sales of passenger
cars and light commercial vehicles (LCVs).
The market is divided into the
following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global
Electric Power Steering Market 2017-2021, has been prepared based on
an in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects over the
coming years. The report also includes a discussion of the key
vendors operating in this market.
Key vendors
ZF Friedrichshafen
Mitsubishi Electric
Nexteer
TRW Automotive
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http://www.marketresearchreports.biz/analysis/1067113
Other prominent vendors
ATS Automation Tooling Systems
Delphi Automotive
GKN
Hyundai Mobis
JTEKT
Mando
Robert Bosch
thyssenkrupp Presta AG
Market driver
Low penetration of cars in
emerging economies.
For a full, detailed list, view
our report
Market challenge
Growing car-sharing services in
China, India, and Brazil.
For a full, detailed list, view
our report
Market trend
Increase in electrification of
mechanical components.
For a full, detailed list, view
our report
Key questions answered in this
report
What will the market size be in
2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market
growth?
Who are the key vendors in this
market space?
What are the market opportunities
and threats faced by the key vendors?
What are the strengths and
weaknesses of the key vendors?
You can request one free hour of
our analysts time when you purchase this market report. Details are
provided within the report.
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