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Stock impact report

Automotive Electric Power Steering Market to Hit USD 43.0 billion by 2031, Growing at 5.0% CAGR: Transparency Market Research, Inc. [Yahoo! Finance]

China Automotive Systems, Inc. (CAAS) 
Last china automotive systems, inc. earnings: 11/12 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: caasauto.com
Company Research Source: Yahoo! Finance
Wilmington, Delaware, United States, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global automotive electric power steering market is estimated to flourish at a CAGR of 5.0% from 2023 to 2031. Transparency Market Research projects that the overall sales revenue for automotive electric power steering is estimated to reach US$ 43.0 billion by the end of 2031. The integration of AI-driven features in EPS systems is gaining attention. AI algorithms enhance real-time data processing, enabling predictive steering responses, optimizing performance, and delivering a more intuitive driving experience. The incorporation of advanced haptic feedback systems provides tactile sensations, replicating road conditions and enhancing driver awareness. This innovation aims to improve the overall driving experience, adding an extra layer of safety and comfort. Download sample PDF copy of report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id= Show less Read more
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