Electric Power Steering Market Global Technology, Application, Products Analysis And Forecast To 2030

Published: 2024-01-15
Views: 148
Author: maximizegn1
Published in: Business

Electric Power Steering Market Overview

Maximize Market Research's most recent report on the Electric Power Steering Market for the years 2024-2030 provides valuable insights into market competitors. The report conducts a comprehensive analysis of the market, exploring essential business insights through an in-depth examination of the market's value chain structure, geographical aspects, applications, and anticipated market size throughout the forecast period.

Market Value : 

Electric Power Steering Market size was valued at USD 27.37 Bn. in 2023 and the total Electric Power Steering revenue is expected to grow by 5.7 % from 2024 to 2030, reaching nearly USD 40.35 Bn.

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Scope and Methodology of the Electric Power Steering Market Report:

The Electric Power Steering Market report aims to provide insights into market size, segment analysis, regional considerations, and industry competition. Employing a bottom-up approach, the report estimates and forecasts market growth, offering a detailed examination of key players' revenue performance. It covers a comprehensive analysis of the Electric Power Steering Market at global, regional, and local levels, identifying factors that influence, drive, and challenge market growth during the forecast period.

Regional Insights:

North America emerged as the dominant region in the Electric Power Steering market in 2022, primarily due to the presence of market leaders. Europe and Asia Pacific are witnessing rapid growth, driven by technological advancements in these regions.

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Segmentation of the Electric Power Steering Market:

by Type

Rack assist type (REPS)
Colum assist type (CEPS)
Pinion assist type (PEPS)
by Mechanism Rigid
Collapsible

by Application

Passenger Cars (PC)
Commercial Vehicles (CV)
by Components

Steering column
Sensors
Steering gear
Mechanical rack and pinion
Electronic control unit
Electric motor
Bearing
by Electric Motor

Brush motor
Brushless motor

Key Players in the Electric Power Steering Market:

1. JTEKT Corporation (Japan)
2. DENSO Corporation (Japan)
3. Mitsubishi Electric Corporation (Japan)
4. NSK Ltd. (Japan)
5. Nissan Motor Corporation (Japan)
6. Hitachi Automotive Systems (Japan)
7. Renesas Electronics (Japan)
8. ZF Friedrichshafen AG (Germany)
9. Thyssenkrupp (Germany)
10. Robert Bosch GmbH (Germany)
11. TRIDEC (Germany)
12. Infineon Technologies (Germany)
13. GKN Automotive Limited (UK)
14. Delphi Technologies (UK)
15. China Automotive Systems, Inc. (China)
16. Zhejiang Shibao Company Limited (China)
17. Hyundai Mobis (South Korea)
18. Mando Corp. (South Korea)
19. Global Steering Systems (US)
20. Tenneco (US)
21. Nexteer Automotive (US)
22. Maval Industries LLC (US)
23. Danfoss (Denmark)
24. STMicroelectronics (Switzerland)

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Table of Content: Electric Power Steering Market

Part 01: Executive Summary

Part 02: Scope of the Electric Power Steering Market Report

Part 03: Electric Power Steering Market Landscape

Part 04: Electric Power Steering Market Sizing

Part 05 Electric Power Steering Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key questions answered in Electric Power Steering Market are:

• What is Electric Power Steering Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Electric Power Steering Market?
• Which factors are the lucrative opportunities for the Electric Power Steering market growth?
• Which factors are limiting the scope of the Electric Power Steering market?
• How is the intervention from regulatory authority shaping the Electric Power Steering Market?
• What growth strategies are the key players considering to increase their presence in the Electric Power Steering Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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