Market Segmentation:
By Type:
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Rack assist type (REPS)
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Colum assist type (CEPS)
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Pinion assist type (PEPS)
By Component:
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Steering column
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Sensors
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Steering gear
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Mechanical rack and pinion
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Electronic control unit
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Electric motor
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Bearing
By Vehicle Type:
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Passenger cars
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Commercial vehicles
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REGIONAL COVERAGE:
North America
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US
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Canada
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Mexico
Europe
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Eastern Europe
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Poland
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Romania
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Hungary
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Turkey
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Rest of Eastern Europe
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-
Western Europe
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Germany
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France
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UK
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Italy
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Spain
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Netherlands
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Switzerland
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Austria
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Rest of Western Europe
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Asia Pacific
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China
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India
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Japan
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South Korea
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Vietnam
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Singapore
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Australia
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Rest of Asia Pacific
Middle East & Africa
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Middle East
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UAE
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Egypt
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Saudi Arabia
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Qatar
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Rest of the Middle East
-
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Africa
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Nigeria
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South Africa
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Rest of Africa
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Latin America
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Brazil
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Argentina
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Colombia
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
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Product Analysis
-
Criss-Cross segment analysis (e.g. Product X Application)
-
Product Matrix which gives a detailed comparison of product portfolio of each company
-
Geographic Analysis
-
Additional countries in any of the regions
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Company Information
-
Detailed analysis and profiling of additional market players (Up to five)
Frequently Asked Questions
The market share of the Electric Power Steering Market in 2022 is USD 25.85 billion.
- The use of electric power steering systems is expected to increase significantly over the next few years.
- The market is expected to increase as a result of a better safety system being used by enterprises.
The major players in the market are Robert Bosch Automotive Steering GmbH, Hyundai Mobis Co., Ltd., Electric Steering JTEKT Corporation, ZF TRW Automotive Holdings Corp., NSK Ltd., and others in the final report.
The forecast period of the Electric Power Steering Market is 2024-2031.
The CAGR of the Electric Power Steering Market is 5.5% over the forecast period 2024-2031.