ZF Friedrichshafen is known for its products such as Varioserv, Active Steering, Servotronic, Servoelectric and steering column.7 billion.Steering moment sensor5. The APAC segment is foreseen to have the highest growth of 16.Electric Powered Steering Market by System Components1. 11.Electric power assisted steering systems reduce energy usage by nearly 90%. The Direct Drive EPAS system segment is also anticipated to exhibit high growth of 19.IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Ltd.Zhejiang Wanda Steering Gear Co.Talk to one of our sales representative about the full report by providing your details in the link below:https://industryarc.Commercial3.Driver Monitoring Systems Markethttps://industryarc.China Automotive Systems5.php?id=16Key players of the Electric Powered Steering MarketThe foremost players in this market are automotive parts manufacturers including ZF Friedrichshafen, Nexteer Automotive, NSK Ltd. The inferior cost and increase in fuel consumption offered by these devices over other electric power steering types is set to drive the adoption. This will happen due to improving economy and high growth of automotive market, especially in China.4% through 2023. Strategic Analysis8.Electric Powered Steering MarketThe Americas market is the leading region to account to $13325 million in revenue in 2017 and is poised to exhibit CAGR of 9.3.htmlExcerpts on Market Growth FactorsDevelopment of sophisticated and robotic steering mechanism in the sector is one of the major driving factors of the global electronic steering market.Mando Corporation6.We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. The improved drivability and steering capabilities offered by this structure is the major driver for dual point pinion EPAS segment.Power steering control unitB. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Asia-Pacific dominates with China 12v DC Motors Wholesalers https://www.lbdcmotor.com/product/dc-motor-12v/ major share and growth in the Electric Powered Steering MarketThe Americas market is the leading region to account to $13325 million in revenue in 2017 and is poised to exhibit CAGR of 9.Company 15+Related Report:A.com/support.Electric Powered Steering Technology Entropy MarketManufacturer Citied / Interviewed 1.Sona Koyo Group8., Golden Company and Robert Bosch GmbH provide stiff competition to the top players with their innovative structure and product designs. Selected Steering Type Analysis done in the full Report:The Column Drive EPAS system is the leading segment and accounted for revenue of $23.Thyssenkrupp Group14. Product Developments 18.50% to reach a revenue of $47.phpAbout IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.Martinrea International Inc. Value Chain Analysis6. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.