Automotive Active Steering System Market to 2028 | Industry Statistics, Emerging Demands, Forecast to 2028

Automotive Active Steering System market size is projected to reach US$ 45217 million by 2028, from US$ 25874 million in 2021, at a CAGR of 4% during 2022-2028. The active steering system is a set of planetary gears integrated into the steering column. There is a motor in the joint to adjust the steering angle of the front wheel. The speed sensor passes information to the active steering system so that the front wheels can be adjusted according to the speed at which you are traveling.

Segment by Type:

Active Front Axle Steering
Active Rear Axle Steering
Segment by Application
Passenger Car
Commercial Vehicle

Top Major Key Players:
Bosch
ZF Friedrichshafen
LSP Innovative Automotive Systems
WABCO Holdings Inc
Aisin Group

Scope of the Report

The research study analyzes the global Automotive Active Steering System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Active Steering System Report

1. What was the Automotive Active Steering System size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Active Steering System during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Active Steering System was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:
• Proliferation and maturation of trade in the global Automotive Active Steering System market.
• The market share of the global Automotive Active Steering System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Active Steering System market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Active Steering System market.