OEMs in Automotive Electric Power Steering Market Leverage Motor Control Technologies to Meet Safety in Next-gen Automotive

TMR - Seite 3

Europe and Asia Pacific are expected to offer incredible opportunities for various industry players in the global market. Rapidly expanding automotive manufacturing in Asia Pacific spurs research in global automotive electric power steering market. The Europe market is characterized by the presence of prominent OEMs and tier-1 suppliers. Asia Pacific is expected to remain potentially lucrative over the next few years on the back of the demand for ADAS in vehicles and a thriving manufacturing sector to support the growth.

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Explore Transparency Market Research's award-winning coverage of the Global  Automotive & Transport Industry:

Vehicle Subscription Market – Global vehicle subscription market is projected to surpass US$ 81 Bn by 2030, expanding at a CAGR of ~15% during the forecast period. Automotive users are finding convenience in the vehicle subscription model, owing to flexible, monthly, or yearly subscription plan offerings

Engine Components Market – Global engine components market is expected to cross the market value of US$ 7.5 Bn by the end of 2030. Furthermore, advancements in the 3D printing technology has led to notable improvements in designs of various engine components, including valve tappet, screw cap assembly, and retainer.

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