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Automotive Steering Wheel Market
Automotive Steering Wheel Market Size, Share, Trend, Dynamics, Forecast, Competitive, & Growth Analysis
Driven by the factors like rising demand for safety equipped vehicles, the automotive steering wheel market is expected to witness impressive growth of >4% CAGR during 2020-25.
Autoliv Inc., Takata Corporation, ZF TRW Automotive Holdings Corp., Key Safety Systems Inc., Nihon Plast Co., Ltd., and Tokai Rika Co. are among the key players in the automotive steering wheel market.
Asia-Pacific is expected to remain the largest automotive steering wheel market during the forecast period of 2020 to 2025.
The normal steering wheel is projected to remain the most dominant technology type in the global automotive industry in the coming years.
The passenger vehicle is expected to remain the most dominant vehicle type in the automotive steering wheel market in the coming years.
Increasing automobile production fueled by rising disposable income, the introduction of stringent safety standards, rising demand for safety equipped vehicles, and advancement in steering wheel technology are the factors driving the growth of automotive steering wheel market.
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