This report covers the present scenario and the growth prospects of the global automotive steering system market for 2017-2021.
Report : Global Automotive Steering System Market 2017-2021 is a new market research publication announced by Reportstack.
Report Outline: An automotive steering system acts as a direct line of control and communication between the driver and vehicle. From being rigid mechanisms, automotive steering systems have evolved into more technologically advanced, reliable, smooth, and easy-to-use systems.
Modern automotive steering systems are equipped with advanced safety systems and advanced driver assistance systems (ADAS) such as airbags in steering wheels, anti-lock braking system (ABS), adaptive cruise control (ACC), and power assisted steering (PAS) to ensure safe and smooth driving and to provide improved directional stability and agility to the vehicle.
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Market Growth: The global automotive steering system market to grow at a CAGR of 3.70% during the period 2017-2021.
Other prominent vendors
• Mitsubishi Electric
• China Automotive Systems
Bosch, Nexteer, ThyssenKrupp, Atmel, DENSO, Mitsubishi Electric, Tianjin, China Automotive Systems and NSK.
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