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(I-AutoNewsWire.com, July 13, 2018 ) Automotive steer-by-wire system (SBW) is a system which uses all-electric means for steering and eliminates the use of mechanical and hydraulic components, such as steering column, shaft, and gear reduction mechanism. In short, the steer-by-wire system eliminates the use of conventional steering system with electronic components, such as sensors and control modules.
Global Automotive Steer-By-Wire System Market to grow at a CAGR of 8.22% during the period 2018-2022.
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To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas APAC EMEA Global Automotive Steer-by-wire System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Read details of the report at: http://orbisresearch.com/reports/index/global-automotive-steer-by-wire-system-market-2018-2022
Key vendors
Bosch JTEKT Corporation Nexteer Automotive Nissan thyssenkrupp Market driver
Benefits of SBW system For a full, detailed list, view our report Market challenge
System reliability issues and acceptance level among consumers For a full, detailed list, view our report Market trend
Growing implementation of advanced steering systems For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Companies Mentioned:
Bosch, JTEKT Corporation, Nexteer Automotive, Nissan, and thyssenkrupp.
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