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Power steering systems market and technology trends

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Automakers focus on improving steering systems to cope with future demand for autonomous driving and electrified vehicles

Today’s power steering systems market is a consequence of the drive to create a favorable environment for autonomous and electrified vehicles. This trend has given rise to the following main trends: 1. Close to complete penetration of EPS systems globally, including small markets such as India 2. Fail-operational steering systems 3. Steer-by-wire 4. Integration of 48V systems

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