The Automotive Electric Power Steering EPS Market size is expected to grow at an annual average of 5% during 2021-2027. Electric Power Steering (EPS) works with an electric motor to steer the wheels, while hydraulic power steering uses a pump integrated with an oil tank. The use of pumps in hydraulic power steering continuously places a load on the vehicle engine, which affects fuel consumption and vehicle performance. The power steering system provides torque applied to the steering wheel to drive the vehicle.
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A full report of Automotive Electric Power Steering EPS Market is available at: https://www.orionmarketreports.com/automotive-electric-power-steering-eps-market/37822/
The following segmentation are covered in this report:
By Application
- Passenger Cars (PC)
- Commercial Vehicles (CV)
By Electric Motor
- Brush motor
- Brushless motor
By Components
- Steering wheel
- Steering column
- Sensors
- Steering gear
- Mechanical rack and pinion
- Electronic control unit
- Electric motor
- Bearing
Company Profile
- Hubei Henglong Auto System Group
- Denso Corporation
- GKN PLC
- Hitachi Automotive Systems Ltd
- Hyundai Mobis Co. Ltd
- JTEKT Corporation
- Mitsubishi Electric Corporation
- Nexteer Automotive
- NSK Ltd
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Electric Power Steering EPS Market
- The market share of the global Automotive Electric Power Steering EPS Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Automotive Electric Power Steering EPS Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Electric Power Steering EPS Market
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
