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The global Automotive Power Steering Motors market is projected to witness significant growth due to increasing demand for advanced technologies in automobiles. Market size is estimated to reach USD 6.5 billion by 2027. Factors such as rising vehicle sales and growing focus on driver assistance systems are driving market growth.
◍ Bosch
◍ Valeo
◍ Mahle
◍ Brose
◍ Johnson Electric
◍ Nidec
◍ Mabuchi
◍ Asmo
◍ Mitsuba
◍ Broad Ocean
◍ Denso
The competitive landscape of the Automotive Power Steering Motors Market includes companies such as Bosch, Valeo, Mahle, Brose, Johnson Electric, Nidec, Mabuchi, Asmo, Mitsuba, Broad Ocean, and Denso. These companies produce power steering motors for automotive applications to improve steering performance and efficiency. Sales revenue figures: Bosch
- $49.1 billion, Valeo - $21.8 billion, Denso - $43.1 billion.
By Application
◍ Commercial Vehicles
◍ Passenger Vehicles
By Product
◍ AC Motors
◍ DC Motors
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