Global Electric Power Steering Market 2020-2024 The analyst has been monitoring the electric power steering market and it is poised to grow by 2. 34 mn units during 2020-2024 progressing at a CAGR of 1% during the forecast period.
New York, Aug. 19, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Electric Power Steering Market 2020-2024" - https://www.reportlinker.com/p02720164/?utm_source=GNW
Our reports on electric power steering market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the stringent regulations to control emissions, sharing the increase in production cost to OEMs and end-users, and rising adoption of EPS in entry-level and mid-segment vehicles. In addition, stringent regulations to control emissions is anticipated to boost the growth of the market as well.
The electric power steering market analysis includes application segment and geographic landscapes
The electric power steering market is segmented as below:
• Passenger cars
By Geographic Landscapes
• North America
• South America
This study identifies the steer-by-wire technology gaining adoption in CVs as one of the prime reasons driving the electric power steering market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our electric power steering market covers the following areas:
• Electric power steering market sizing
• Electric power steering market forecast
• Electric power steering market industry analysis
Read the full report: https://www.reportlinker.com/p02720164/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
CONTACT: Clare: email@example.com US: (339)-368-6001 Intl: +1 339-368-6001