Automotive Active Steering System Market
Automotive Active Steering System Market Size and Growth
The Automotive Active Steering System market is experiencing significant growth, driven by advancements in vehicle technology and increasing demand for driver assistance systems. The global market size is projected to reach approximately $XX billion by 2027, reflecting a CAGR of XX% as manufacturers focus on enhancing vehicle safety and performance.
Companies Covered
(Covid 19 Impact Covered)
◍ Bosch
◍ WABCO Holdings Inc
◍ ZF Friedrichshafen
◍ LSP Innovative Automotive Systems
◍ Aisin Group
The automotive active steering system market is competitive, featuring companies like Bosch, WABCO, ZF Friedrichshafen, LSP Innovative Automotive Systems, and Aisin Group. These firms enhance vehicle maneuverability and safety, driving market growth. Bosch reported sales of €78 billion, ZF Friedrichshafen €37 billion, and Aisin Group ¥3 trillion.
Market Segmentation
By Application
Passenger Car
Commercial Vehicle
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By Product
Active Front Axle Steering
Active Rear Axle Steering
Market Growth
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$ X Billion USD
