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The automotive steering column market size is forecast to increase by USD 2.74 billion at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing demand for electric power steering systems that offer advanced features and improved fuel efficiency. This trend is further fueled by continuous advances in automotive steering technology, leading to the adoption of more sophisticated steering columns. Another emerging trend is the increasing penetration of steer-by-wire technology, which offers enhanced safety and driving dynamics. These factors are expected to drive market growth in the coming years, making the market an exciting space for innovation and development.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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