Insights on the Electric Power Steering Global Market to 2026 - Key Forecast & Opportunities
Share this article Share this article ResearchAndMarkets.com's offering. The Global Electric Power Steering Market is expected to grow at a CAGR of over 6%, in value terms. The major growth drivers for the market are the growing technological advancements, increasing vehicle sales & production and measures taken by OEMs worldwide to reduce the weight of the vehicle. Increasing number of government norms and mandates related to fuel-efficient technologies is positively impacting the growth of the market. The Global Electric Power Steering Market can be segregated based on type, component, veh...