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Automotive Steering Systems Market Worth $32.4 Billion by 2018 – New Report by MarketsandMarkets
Date:8/15/2014

(PRWEB) August 15, 2014

The report "Automotive Steering System Market by Vehicle Type (Passenger Car, LCV, & HCV), System Type (Manual, HPS, EHPS & EPS), Safety Features (With ABS/ESP & Without ABS/ESP), & Geography - Industry Trends & Forecast to 2018" by MarketsandMarkets, defines and segments the global automotive steering systems market with analysis and forecasts of the global volume and revenue.

Browse 96 market data tables and 36 figures spread through 230 pages and in-depth TOC on "Automotive Steering System Market - Industry Trends & Forecast to 2018"
http://www.marketsandmarkets.com/Market-Reports/automobile-steering-systems-market-940.html

Early buyers will receive 10% customization on this report.
http://www.marketsandmarkets.com/requestCustomization.asp?id=940

Emerging Countries: Potential Market for Steering Systems

Emerging economies such as China, India, and Brazil have seen a rise in the demand for automobiles in recent times as the spending power of the consumers in these countries has increased. This trend is expected to continue in the next five years as more and more automotive OEMs and component suppliers are setting up their R&D and manufacturing units in these developing countries. The emerging markets also offer location advantages for manufacturing such as low cost of production, reduced transportation costs to a greater extent and easy availability of raw material. These factors are expected to drive the ste
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