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The Steering System market is composed of a variety of components and systems used to control the direction of a vehicle. These components include steering columns, steering wheels, power steering pumps, and steering racks. Steering systems are typically powered by hydraulic or electric motors, and can be either manual or power-assisted. The market is driven by the need for improved safety and comfort in vehicles, as well as the increasing demand for fuel efficiency.
The Steering System market is highly competitive, with a number of major players offering a wide range of products. Some of the leading companies in the market include ZF Friedrichshafen, Nexteer Automotive, JTEKT Corporation, ThyssenKrupp AG, and Robert Bosch GmbH. Show Less Read more