Power Assisted Steering (PAS)
Market
Power Assisted Steering (PAS) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Power Assisted Steering (PAS) Market Size and Growth
The Power Assisted Steering (PAS) market is poised for growth, driven by increasing vehicle production and consumer demand for enhanced driving comfort. The global PAS market size is projected to reach approximately $20 billion by 2026, reflecting ongoing advancements in automotive technology and rising adoption of electric vehicles. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ JTEKT
◍ Bosch
◍ NSK
◍ Nexteer
◍ ZF
◍ Mobis
◍ Showa
◍ Thyssenkrupp
◍ Mando
The Power Assisted Steering (PAS) Market features companies like JTEKT, Bosch, NSK, Nexteer, ZF, Mobis, Showa, Thyssenkrupp, and Mando, which innovate and enhance steering systems. They drive market growth by focusing on advanced technology, electric systems, and cost efficiency. Sales figures: Bosch - ~$45 billion; ZF~$44 billion; JTEKT - ~$14 billion.
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Market Segmentation
By Application
Passenger Vehicle
Commercial Vehicle
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By Product
R-EPS
Market Growth
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$ X Billion USD
