The steer-by-wire system enables complete steering control to the driver by eliminating any mechanical linkages. The current market landscape for the steer-by-wire system is supported by technological advancements in the automotive industry and enhancements in the driving dynamics. The increasing purchasing power of the population is likely to play a significant role in the robust growth of the steer-by-wire system market in the Asia Pacific region during the forecast period.
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Top Key Major Players:-
1.Danfoss
2.Eaton Corporation
3.Hitachi Automotive Systems Americas, Inc.
4.Nexteer Automotive Corporation
5.Nissan Motor Corporation
6.PARAVAN GmbH (Adolf Würth GmbH and Co. KG)
7.Robert Bosch GmbH
8.SKF
9.thyssenkrupp AG
10.ZF Friedrichshafen AG