The global Automotive Active Axle Steering market size is projected to reach US$ 8744 million by 2028, from US$ 4578 million in 2021, at a CAGR of 5% during 2022-2028. The car active rear axle steering system is a steerable rear axle system with single or double actuators. The wheels are steered at a certain angle and direction depending on the speed and angle of rotation of the steering wheel as a function. This type of axle is costly and complex compared to auto type but has smaller swept path,lower high speed and higher stability off tracking.This type of axle is steered by command creating a force to steer the axle, similar to the front axle of the carrying vehicle.
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Segment by Type
Active Front Axle Steering
Active Rear Axle Steering
Segment by Application
Passenger Car
Commercial Vehicle
Top Major Key Players:
Bosch
ZF Friedrichshafen
LSP Innovative Automotive Systems
WABCO Holdings Inc
Aisin Group
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Scope of the Report
The research study analyzes the global Automotive Active Axle Steering industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Active Axle Steering Report
- What was the Automotive Active Axle Steering size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Automotive Active Axle Steering during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Automotive Active Axle Steering was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Automotive Active Axle Steering market.
• The market share of the global Automotive Active Axle Steering market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Active Axle Steering market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Active Axle Steering market.
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