Steering is the collection of components, linkages, etc. which allows any vehicle (car, motorcycle, bicycle) to follow the desired course. An exception is the case of rail transport by which rail tracks combined together with railroad switches provide the steering function. The primary purpose of the steering system is to allow the driver to guide the vehicle.
One trend in the market is enhanced bus steering system to reduce fuel consumption. The majority of the buses on the road has a steering system with conventional power steering pumps. This type of steering system is powered by the internal combustion engine, which eventually utilizes the fuel for it. One driver in the market is growing steering assisted technologies for buses. The bus market is continuously evolving with changing market dynamics across the globe. Since 2011, the global bus market has become competitive in nature with automakers competing through their distinct product offerings. The latest technologies in safety systems are also being used as product differentiators by the OEMs or automakers in their vehicles.
APAC is expected to be the major revenue contributor to the steering angle sensor market throughout the forecast period. Factors such as increased volume of buses and the rising demand for safety and comfort in buses will increase the replacement of older buses and will drive the growth of the bus steering system market in APAC.
The Global Bus Steering System Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.

As the report focuses on global Bus Steering System Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
Robert Bosch
Daimler
JTEKT
ZF-TRW


In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Mechanical Steering System
Power Steering System
Others

In Market segmentation by applications :
Single-Deck Bus
Double-Deck Bus
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Bus Steering System Market for the forecast period 2023-2030?
• What are the driving forces in the Bus Steering System Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Bus Steering System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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