Light Automotive Steering Systems Market
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Light Automotive Steering Systems Market Size and Growth
The Light Automotive Steering Systems market is projected to reach approximately $XX billion by 2025, driven by rising vehicle production and demand for enhanced safety features. Market conditions indicate increasing adoption of electric power steering technologies, providing improved fuel efficiency and driver comfort, amidst growing regulatory emphasis on vehicle safety. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ JTEKT
◍ Bosch
◍ Nexteer
◍ NSK
◍ ThyssenKrupp
◍ ZF
◍ Showa
◍ Mando
◍ Hyundai Mobis
The Light Automotive Steering Systems Market features key players like JTEKT, Bosch, Nexteer, NSK, ThyssenKrupp, ZF, Showa, Mando, and Hyundai Mobis, driving innovation and technology. Their advancements in electric steering and safety contribute to market growth, enhancing vehicle performance and efficiency.
- JTEKT: $9.08 billion
- Bosch: $44 billion (Mobility Solutions)
- Nexteer: $1.93 billion
- ZF: $43 billion
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Market Segmentation
By Application
Sedans
SUVs
Others
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By Product
Hydraulic Power Steering
Electronic Power Steering
Electro-Hydraulic Power Steering
Market Growth
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$ X Billion USD
