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This report also shows an overview of the technical as well as other important aspects of the steering system. It includes the value chain, Porter’s five forces analysis, the competitive landscape, and company profiles for major players in the steering system market.
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MarketsandMarkets Presents Automotive Steering Systems Market will Grow worth $32.4 Billion by 2018 http://www.marketsandmarkets.com/Market-Reports/automobile-steering-systems-market-940.html
The Automotive Steering Systems Market size has been analyzed in terms of volume and value based on the segmentation given below. By Vehicle Type [ Passenger cars, LCVS, HCVs] By Steering System Type [ Manual Steering System, Hydraulic Power Steering (HPS) System,Electro-Hydraulic Power Steering (EHPS) System Electric Power Steering (EPS) System] Early buyers will receive 10% customization on this report. Browse Report Data: A ] 90 Market Data Tables B ] 42 Figures C ] 233 Pages and in-depth TOC onin-depth TOC on “Automotive Steering Systems Market” http://www.marketsandmarkets.com/Market-Reports/automobile-steering-systems-market-940.html
Emerging economies such as China, India, and Brazil have seen a rise in the demand for automobiles in recent times as the spending power of the consumers in these countries has increased. These factors are expected to drive the steering systems market in these regions to grow at a good pace in the coming years. The Asia-Oceania region is expected to grow at a CAGR of 7.47% over the period from 2013 to 2018. The automotive steering systems market is estimated to reach $32.4 Billion by 2018, at a projected CAGR of 6.47%, indicating a steady growth in the coming years. http://www.marketsandmarkets.com/Market-Reports/automobile-steering-systems-market-940.html
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