Electronic Power Steering Market
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Report Description<br />
The automotive industry has gone through many phases of improvements in design,<br />
power and efficiency in the last few decades. The technology has brought automobiles to<br />
perform in any terrains, which were earlier meant only for smooth roads. The selection of<br />
correct steering design provides stability and maneuverability to vehicle in any terrains.<br />
The steering mechanism is a combination of various linkages which are intended to turn<br />
vehicle in minimum radius without over turning it. Unlike conventional steering, the<br />
modern electronic power steering comprises of various electronic components which<br />
assist to reduce power and provide precision turning. The electronic power steering can<br />
improve fuel efficiency and driving experience.<br />
Earlier, the electronic power steering was used only in only high-end vehicle or sports<br />
utility vehicles (SUVs). In recent years, the reliability of electronic power steering has<br />
increased, which in result, has boosted its involvement in almost every categories of<br />
vehicle. The modern electronic power steering are much more compact and includes<br />
many other controlling features and airbags.<br />
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Global <strong>Electronic</strong> <strong>Power</strong> <strong>Steering</strong> <strong>Market</strong>: Dynamics<br />
The electronic power steering market is basically dependent on the automobile<br />
manufacturing sector. Also, research and development activities by various automotive<br />
firms is one of the driving factor of the global electronic steering market. Developments
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