Report overview
An Electronic Power Steering (EPS) system's advantage over a hydraulic system is if the engine stalls, you will still have steering assist. This advantage can also be a disadvantage if the system should shut down while the engine is running you lose steering assist.
This report aims to provide a comprehensive presentation of the global market for Automobile Electric Power Steering Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automobile Electric Power Steering Systems. This report contains market size and forecasts of Automobile Electric Power Steering Systems in global, including the following market information:
Global Automobile Electric Power Steering Systems Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Automobile Electric Power Steering Systems Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Automobile Electric Power Steering Systems companies in 2022 (%)
The global Automobile Electric Power Steering Systems market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
CEPS Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automobile Electric Power Steering Systems include Bosch, JTEKT Corporation, Nexteer Automotive, NSK, ZF TRW Automotive Holdings Corporation, Advanced Leading Technology Co and ZHEJIANG SHIBAO COMPANY LIMITED, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automobile Electric Power Steering Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automobile Electric Power Steering Systems Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Automobile Electric Power Steering Systems Market Segment Percentages, by Type, 2022 (%)
CEPS
PEPS
REPS
Global Automobile Electric Power Steering Systems Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Automobile Electric Power Steering Systems Market Segment Percentages, by Application, 2022 (%)
OEM
Aftermarket
Global Automobile Electric Power Steering Systems Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Automobile Electric Power Steering Systems Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automobile Electric Power Steering Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automobile Electric Power Steering Systems revenues share in global market, 2022 (%)
Key companies Automobile Electric Power Steering Systems sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automobile Electric Power Steering Systems sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
JTEKT Corporation
Nexteer Automotive
NSK
ZF TRW Automotive Holdings Corporation
Advanced Leading Technology Co
ZHEJIANG SHIBAO COMPANY LIMITED
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automobile Electric Power Steering Systems, market overview.
Chapter 2: Global Automobile Electric Power Steering Systems market size in revenue and volume.
Chapter 3: Detailed analysis of Automobile Electric Power Steering Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automobile Electric Power Steering Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automobile Electric Power Steering Systems capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
