The Global Automotive Electric Power Steering Systems Market Report is prepared to club all the essential market details such as market size, share, value, growth, restraints, challenges, and opportunities during the study period of 2020-2025. The data presented in this report has been gathered on the basis of historical data, primary interviews and expert’s estimation of future trends. The report also covers regional assessment which has been conducted globally. The detailed content of the market study ensures intellectual insights given a better understanding of the untapped opportunities in the market.
Automotive Electronic Power Steering System is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.
The global production of the automotive electronic power steering system is about 58 million units, the CAGR is 8%, the Europe is the largest production region, it occupies about 34% market share in 2015, the North America occupies about 19% market share, the JP&KR occupies about 21% market share.
Global Automotive Electric Power Steering Systems market size will reach 36200 million US$ by 2025, from 20400 million US$ in 2017, at a CAGR of 8.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Automotive Electric Power Steering Systems.
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The following manufacturers are covered in this report:
- JTEKT
- Bosch
- NSK
- Nexteer
- ZF
- Mobis
- Showa
- Thyssenkrupp
- Mando
Automotive Electric Power Steering Systems Breakdown Data by Type
- C-EPS
- P-EPS
- R-EPS
Automotive Electric Power Steering Systems Breakdown Data by Application
- Passenger Vehicle
- Commercial Vehicle
Automotive Electric Power Steering Systems Production by Region
- United States
- Europe
- China
- Japan
- South Korea
- India
- Other Regions
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The study objectives are:
- To analyze and research the global Automotive Electric Power Steering Systems status and future forecast，involving, production, revenue, consumption, historical and forecast.
- To present the key Automotive Electric Power Steering Systems manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
- To segment the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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