Electric Power Steering system (EPS) is a Power Steering system that directly relies on the motor to provide auxiliary torque.
Emerging trends, which have a direct impact on the dynamics of the industry, include the introduction of brushless motor technology and the development of light weight electric power steering.
Automotive Electric Power Steering market size is projected to reach US$ 26090 million by 2027, from US$ 22060 million in 2020, at a CAGR of 2% during 2021-2027.
This report focuses on Automotive Electric Power Steering volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Automotive Electric Power Steering market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.
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Following are the segments covered by the report are:
- Column Assist EPS
- Single-Pinion Assist EPS
- Dual-Pinion Assist EPS
- Rack Assist EPS
By Application:
- Passenger Car
- Commercial Vehicle
The Key manufacturers that are operating in the global Automotive Electric Power Steering market are:
- JTEKToration
- Robert Bosch Automotive Steering GmbH
- NSK
- Nexteer Automotive
- ZF TRW Automotive Holdingsoration
- Delphi Automotive
- China Automotive Systems
- Mandooration
- Showaoration
A full report of Global Automotive Electric Power Steering Eps Market is available at: https://www.orionmarketreports.com/automotive-electric-power-steering-eps-market/60348/
Scope of the Report
The research study analyzes the global Automotive Electric Power Steering Eps industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Electric Power Steering Eps Market Report
1. What was the Automotive Electric Power Steering Eps Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
- What will be the CAGR of Automotive Electric Power Steering Eps Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Automotive Electric Power Steering Eps Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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