Market Overview According to Metastat Insight-style structured analysis, the Global automotive systems market is valued at USD 426.5 million in 2024 and is projected to reach USD 639.1 million by 2031, exhibiting a CAGR of 5.9% during the forecast period. Passenger Vehicles dominate the application segment, driven by electrification, ADAS integration, and consumer demand for...

IntroductionThe electrically powered hydraulic steering market focuses on steering systems that combine traditional hydraulic mechanisms with electric power assistance. Unlike purely hydraulic steering, these systems use an electric motor to drive the hydraulic pump, delivering steering assistance only when required. This hybrid approach improves efficiency while retaining the familiar steering...

IntroductionThe light car trailer market focuses on compact trailers designed to be towed by passenger cars for transporting goods, recreational equipment, small vehicles, and personal belongings. These trailers are commonly used for purposes such as moving household items, carrying motorcycles or ATVs, transporting boats, and supporting outdoor activities like camping and sports. Light car...