Steering Columns System Market Size is forecast to reach $33658.2 Million by 2030, at a CAGR of 10.50% during forecast period 2024-2030.. Approximately 120 Million steering column were sold in 2017, China appeared to be the market leader with 31 Million steering columns. Passenger cars constituted for 65% of market share and were the huge demand generators for the steering columns. Electric power steering systems is gaining traction because the technology provides better fuel economy as compared to the hydraulic power steering system.
---- from news of Industry ARC
Now 2024 is running off, we are making summary of steering column business this year, our turnover grows 50% as expected. Customers sent bounch of old parts disassembled from steering column system, and we are requested to do reverse engineering and custom manufacturing for them, because no more factory in US keep building them, and nobody wants to do it due to low volume and high requirement on function.
But we do, I like to develop discontinuous steering column parts, nobody wanted is my favorite. No competition is best for me.
How about this Wiper switch system? Terminals are made, plstic components are in molding, PCB is in sampling, forecast we could have it ready for testing in January, 2025.
Now 2024 is running off, we are making summary of steering column business this year, our turnover grows 50% as expected. Customers sent bounch of old parts disassembled from steering column system, and we are requested to do reverse engineering and custom manufacturing for them, because no more factory in US keep building them, and nobody wants to do it due to low volume and high requirement on function.
But we do, I like to develop discontinuous steering column parts, nobody wanted is my favorite. No competition is best for me.
How about this Wiper switch system? Terminals are made, plstic components are in molding, PCB is in sampling, forecast we could have it ready for testing in January, 2025.