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The Global Smart Motors Market Share is set for remarkable growth, expanding from $1.5 billion in 2023 to $2.55 billion by 2029, at a CAGR of 7.11%. This surge is fueled by technological advancements in industrial automation,…
ContinueSummary - A new market study, titled “Global Steering Robot Market Professional Survey Report 2019” has been featured on WiseGuy Reports
The global steering robot market is closely related to the global automotive testing equipment market. As the players in the global automotive industry are increasingly investing in automotive R&D, there has been an increase in the adoption of equipment and systems to assess vehicle dynamics with minimal human intervention. The steering robot market is highly concentrated. The vendors in the market are competing effectively based on factors such as the technology, research and developmental activities, brand, and labor.
The growing focus on the importance of vehicular safety regulations is estimated to be one of the primary growth drivers for the global steering robot market till 2023. The European commission is emphasizing on consumer testing by introducing a revision of general safety regulation 661/2009. This in turn, is driving the employment of differential steering robots.
The European region contributes majority of growth toward the steering robot market because Europe has the world’s largest passenger car fleet. The region is experiencing growth in the automotive segment and fast-growing sport utility vehicles (SUV). The market will continue to grow in the region throughout the predicted period due to the rising availability of driver assistance system (ADAS), lane departure warning system (LDWS), and automatic emergency braking system (AEBS) in both passenger and commercial vehicles.
ALSO READ : https://www.einpresswire.com/article/501338103/global-steering-robo...
The global Steering Robot market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Steering Robot volume and value at global level, regional level and company level. From a global perspective, this report represents overall Steering Robot market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Steering Robot in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Steering Robot manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Stahle
AB Dynamics
VEHICO
Shanghai Cotech Automotive Engineering Corp
RMS Dynamic Test Systems
Dynamic Research
Anger Associates
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Sideslip Tests
Autonomous Driving
Rollover Testing
Others
Segment by Application
Car
Bus
Truck
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/4500660-global-steering-robo...
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