Electric Power Steering Market Size will Witness Substantial Growth...

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2024-05-29 17:21:21 - Translate -

Electric Power Steering Market Size will Witness Substantial Growth by 2024

The Global Electric Power Steering Market, valued at USD 24.1 billion in 2023, is projected to reach USD 36.98 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.5% over the forecast period from 2024 to 2031. This substantial growth underscores the increasing adoption of advanced steering systems that enhance fuel efficiency, driving comfort, and vehicle control....

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