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The automotive power steering motor market is forecasted to grow by USD 620 million during 2023-2028, accelerating at a CAGR of 6.4% during the forecast period. The report on the automotive power steering motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in demand from emerging apac countries, developments in market, and growing suvs industry.
The automotive power steering motor market is segmented as below:
By Application
- PC
- CV
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive power steering motor market covers the following areas:
- Automotive Power Steering Motor Market sizing
- Automotive Power Steering Motor Market forecast
- Automotive Power Steering Motor Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive power steering motor market: Allied Motion Technologies Inc., BorgWarner Inc., Brose Fahrzeugteile SE and Co. KG, DENSO Corp., General Motors Co., Hitachi Astemo Americas Inc., HL Mando Co. Ltd., Johnson Electric Holdings Ltd., JTEKT Corp., Komachine Co., Lucas TVS LTD., Mitsubishi Electric Corp., Nexteer Automotive corp, Nidec Corp., NSK Ltd., Robert Bosch Stiftung GmbH, thyssenkrupp AG, and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is continuous advances in automotive steering technology."
According to the report, one of the major drivers for this market is the rise in demand from emerging apac countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Allied Motion Technologies Inc.
- BorgWarner Inc.
- Brose Fahrzeugteile SE and Co. KG
- DENSO Corp.
- General Motors Co.
- Hitachi Astemo Americas Inc.
- HL Mando Co. Ltd.
- Johnson Electric Holdings Ltd.
- JTEKT Corp.
- Komachine Co.
- Lucas TVS LTD.
- Mitsubishi Electric Corp.
- Nexteer Automotive corp
- Nidec Corp.
- NSK Ltd.
- Robert Bosch Stiftung GmbH
- thyssenkrupp AG
- ZF Friedrichshafen AG
