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The Global Motor Vehicle Electrical & Electronic Equipment, Steering Suspension & Interiors Market Was Valued At $816 Billion In 2017 According To TBRCÂ’s Latest Report

 



(USGovernment-News.Com, August 07, 2018 ) Motor vehicle electrical & electronic equipment, steering, suspension, & interiors manufacturing companies manufacture and rebuild electrical and electronic equipment used for motor vehicles and internal combustion engines. Motor vehicle steering and suspension components (except spring) manufacturing companies mainly manufacture motor vehicle steering mechanisms and suspension components, except springs. It also includes the rebuilding of rack and pinion steering assemblies, on a factory basis.



Order the report at https://www.thebusinessresearchcompany.com/report/motor-vehicle-electrical-and-electronic-equipment-steering-suspension-and-interiors-global-market-report-2018



The global motor vehicle electrical & electronic equipment, steering, suspension, & interiors market was valued at $816 billion in 2017, and is expected to be driven by the acceleration in operational efficiency using IoT to reduce unscheduled downtimes increasing operational efficiency.

Asia Pacific was the largest region in the motor vehicle electrical & electronic equipment, steering suspension & interiors market in 2017, accounting for more than two-fifth of the market share. This can be attributed to driver assistance systems that help drivers in confusing or critical traffic situations, and are an important step on the way to the accident-free and stress-free mobility of the future.



Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=446&type=smp



China was the biggest player in the motor vehicle electrical & electronic equipment, steering suspension & interiors market in 2017 accounting for more than one-fourth of the motor vehicle electrical & electronic equipment, steering suspension & interiors market share.



The top five competitors in the market are Bosch, Hyundai, Tennaco, DENSO, and Hella. Bosch was the biggest player in the motor vehicle electrical & electronic equipment, steering suspension & interiors market. Bosch is a German multinational engineering and electronics company headquartered in Gerlingen, near Stuttgart, Germany. Bosch's core products are automotive components including brakes, controls, electrical drives, electronics, fuel systems, generators, starter motors and steering systems; industrial products, including drives and controls, packaging technology and consumer goods; and building products, including household appliances, power tools, security systems and thermotechnology.



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The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.



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Email: info@tbrc.info





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