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Automotive Vehicle-to-Everything (V2X) Market to Reach $26.7 Billion by 2025
Research and Markets Logo MoreThe global automotive vehicle-to-everything (V2X) market is expected to reach USD 26.72 billion by 2025. DUBLIN, April 03, 2017 /PRNewswire/ --Research and Markets has announced the addition of the "Automotive Vehicle-to-Everything (V2X) Market 2014-2025" report to their offering. The main challenge for automotive V2X market to grow is significantly is the need for robust legal framework. Another important challenge is built a secure system which ensures privacy, authenticity and security for all types of V2X communication. Moreover, the rising consumer demand for convenience features has enforced various OEMs to incorporate V2X communication systems.
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Automotive Steering Market - Forecasts and Trends (2016 - 2021)" report to their offering. This will be a big driver for the Global Steering Market, as the steering assist systems will addmore value to the market. Robert Boschi, ZF Freidrichschafen, JTEKT are some of the important players in Global Steering Market. Electronic Power steering on account of applications on a diverse model base will grow at the highest pace in the forecast period. The market has been segmented byType (Manual Steering, Electronic Power Steering, Hydraulic Power Steering, Others)Components (Hydraulic Pump, Power Steering Column, Steering Wheel Speed Sensor, Electric Motor),Vehicle type (passenger cars, LCV and HCV)Companies MentionedBoschZF FriedrichshafenJTEKTNexteer AutomotiveNSKHitachiMando CorpATS AutomationSona GroupShowa CorporationFor more information about this report visit http://www.researchandmarkets.com/research/9nh53d/global_automotive
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collected by :John Max