United States Electric Power Steering Market Detailed Analysis of Share, Growth [2028]
According to TechSci Research report, “ United States Electric Power Steering Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the United States Electric Power Steering Market stood at USD 320 million in 2022 and is anticipated to grow with a CAGR of 6.19% in the forecast period, 2023-2028. The United States Electric Power Steering (EPS) market has witnessed remarkable growth and transformation in recent years, reflecting the ever-evolving landscape of the automotive industry. EPS technology has become a pivotal component in modern vehicles, gradually replacing conventional hydraulic power steering systems due to its numerous advantages. These advantages encompass fuel efficiency improvements, enhanced safety features, adaptability to electric and autonomous vehicle technologies, and seamless integration with Advanced Driver Assistance Systems (ADAS). One of the noteworthy trends shaping this market is the inte...