Automotive Electric Power Steering Systems Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_00107371
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 8.42 |
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Automotive Electric Power Steering Systems Market Analysis Report 2023-2032
The Automotive Electric Power Steering Systems Market is set to experience a Compound Annual Growth Rate (CAGR) of 7.98% between 2022 and 2032. Over this period, the market size is projected to witness a substantial increase of USD 4,510.2 million. The growth of this market is attributed to various factors, including the surging demand for electric power steering systems in modern vehicles, advancements in electronic control units (ECUs), and the quest for improved fuel efficiency and enhanced vehicle handling. The market encompasses a wide range of electric power steering systems that play a pivotal role in steering control.
Automotive Electric Power Steering Systems Market Overview
Drivers
The expansion of the Automotive Electric Power Steering Systems Market is primarily fueled by the increasing demand for electric power steering systems in modern vehicles. These systems offer several advantages, including improved fuel efficiency, enhanced vehicle handling, and reduced maintenance compared to traditional hydraulic power steering systems.
Furthermore, advancements in electronic control units (ECUs) that govern electric power steering systems are contributing to market growth. These ECUs are becoming more sophisticated and capable of providing precise control over steering, leading to a better driving experience.
Trends
An important trend shaping the Automotive Electric Power Steering Systems Market is the integration of electric power steering systems with advanced driver-assistance systems (ADAS). This integration allows for features like lane-keeping assistance and adaptive steering, enhancing vehicle safety and driving comfort.
Additionally, there is a growing focus on developing electric power steering systems that are customizable to different driving preferences. Drivers can select steering modes, such as comfort or sport, tailoring their driving experience.
Restraints
One challenge in the Automotive Electric Power Steering Systems Market is the potential for cybersecurity threats. As vehicles become more connected and reliant on ECUs, there is a need for robust security measures to protect against cyberattacks on the steering system, which can pose significant safety risks.
Moreover, the cost of repairing or replacing electric power steering systems can be high, potentially impacting market growth. Manufacturers need to strike a balance between providing advanced features and affordability.
Automotive Electric Power Steering Systems Market Segmentation By Vehicle Type
Passenger vehicles are expected to be a substantial growth segment within the Automotive Electric Power Steering Systems Market. These vehicles, including sedans, SUVs, and hatchbacks, are increasingly adopting electric power steering systems due to their benefits in terms of fuel efficiency and driving comfort.
Commercial vehicles, including trucks and buses, are also experiencing growth in the adoption of electric power steering systems, contributing to market expansion.
Automotive Electric Power Steering Systems Market Segmentation By Sales Channel
Original Equipment Manufacturers (OEMs) represent a significant sales channel in the Automotive Electric Power Steering Systems Market. Many vehicle manufacturers are equipping their new models with electric power steering systems, driving the demand for these systems.
Aftermarket sales are another important segment. These include the replacement or retrofitting of electric power steering systems, catering to vehicles that did not originally have this technology but are being upgraded for better performance.
Regional Overview:
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Request pdf SampleNorth America, including the United States and Canada, is expected to be a key driver of the global Automotive Electric Power Steering Systems Market. The region has a significant automotive industry and is witnessing a rapid adoption of electric power steering systems in both passenger and commercial vehicles.
Europe, with countries like Germany, France, and the United Kingdom, is another major market for automotive electric power steering systems. European vehicle manufacturers are actively incorporating electric power steering technology into their vehicle models.
Asia-Pacific (APAC), especially in countries like China and Japan, is witnessing substantial growth in vehicle production and the adoption of electric power steering systems.
Latin America, the Middle East, and Africa are emerging markets where the adoption of electric power steering systems is expected to increase.
Automotive Electric Power Steering Systems Market Customer Landscape
The Automotive Electric Power Steering Systems Market report offers insights into the adoption patterns of the market, ranging from individual vehicle owners to vehicle manufacturers, suppliers, and repair shops. It assesses adoption rates across different regions based on factors like consumer preferences and the availability of advanced vehicle models.
Major Automotive Electric Power Steering Systems Market Companies
Prominent players in the Automotive Electric Power Steering Systems Market are implementing various strategies to enhance their market presence. These strategies include research and development of advanced ECUs, collaborations with vehicle manufacturers, and expanding their product portfolios.
Sample list of major companies in the market:
- ECUSteer Technologies
- PowerSteer Innovations
- DriveAssist Control Systems
- ECUtronics Automotive
- SteeringTech Solutions
Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape, enabling stakeholders to understand market dynamics and assess the strengths and weaknesses of key players. Categorization of companies based on their market focus and influence provides a comprehensive view of the competitive environment.
Segment Overview
The Automotive Electric Power Steering Systems Market report provides revenue forecasts on a global, regional, and country level. It also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.
Vehicle Type Outlook (USD Million, 2019 - 2032)
- Passenger Vehicles
- Commercial Vehicles
Sales Channel Outlook (USD Million, 2019 - 2032)
- OEMs
- Aftermarket
Geography Outlook (USD Million, 2019 - 2032)
- North America
- United States
- Canada
- Europe
- United Kingdom
- Germany
- France
- Rest of Europe
- APAC
- China
- Japan
- India
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- United Arab Emirates
- South Africa
- Rest of Middle East & Africa
Table of Contents
Global Automotive Electric Power Steering Systems Market Report 2020, Forecast to 2025
1 Scope of the Study
1.1 Automotive Electric Power Steering Systems Introduction
1.2 Research Programs
1.3 Analysis of Macroeconomic Indicators
1.4 Years Considered
1.5 Methodology
1.6 Data Source
1.7 Research Objectives
2 Automotive Electric Power Steering Systems Industry Overview
2.1 Global Automotive Electric Power Steering Systems Market Size (Million USD) Comparison by Regions (2020-2025)
2.1.1 Automotive Electric Power Steering Systems Global Import Market Analysis
2.1.2 Automotive Electric Power Steering Systems Global Export Market Analysis
2.1.3 Automotive Electric Power Steering Systems Global Main Region Market Analysis
2.2 Market Analysis by Type
2.2.1 C-EPS
2.2.2 P-EPS
2.2.3 R-EPS
2.3.2 Commercial Vehicle
2.4.2 Global Automotive Electric Power Steering Systems Revenue and Market Share by Manufacturer (2018-2020)
2.4.3 Global Automotive Electric Power Steering Systems Industry Concentration Ratio (CR5 and HHI)
2.4.4 Top 5 Automotive Electric Power Steering Systems Manufacturer Market Share
2.4.5 Top 10 Automotive Electric Power Steering Systems Manufacturer Market Share
2.4.6 Date of Key Manufacturers Enter into Automotive Electric Power Steering Systems Market
2.4.7 Key Manufacturers Automotive Electric Power Steering Systems Product Offered
2.4.8 Mergers & Acquisitions Planning
2.5 Automotive Electric Power Steering Systems Historical Development Overview
2.6 Market Dynamics
2.6.1 Market Opportunities
2.6.2 Market Risk
2.6.3 Market Driving Force
2.6.4 Porter's Five Forces Analysis
3 Upstream and Downstream Market Analysis
3.1 Upstream Analysis
3.1.1 Macro Analysis of Upstream Markets
3.1.2 Key Players in Upstream Markets
3.1.3 Upstream Market Trend Analysis
3.1.4 Automotive Electric Power Steering Systems Manufacturing Cost Analysis
3.2 Downstream Market Analysis
3.2.1 Macro Analysis of Down Markets
3.2.2 Key Players in Down Markets
3.2.3 Downstream Market Trend Analysis
3.2.4 Sales Channel, Distributors, Traders and Dealers
4 Global Automotive Electric Power Steering Systems Market Size Categorized by Regions
4.1 Global Automotive Electric Power Steering Systems Revenue, Sales and Market Share by Regions
4.1.1 Global Automotive Electric Power Steering Systems Sales and Market Share by Regions (2015-2020)
4.1.2 Global Automotive Electric Power Steering Systems Revenue and Market Share by Regions (2015-2020)
4.2 Europe Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
4.3 APAC Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
4.4 North America Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
4.5 South America Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
4.6 Middle East & Africa Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
5 Europe Automotive Electric Power Steering Systems Market Size Categorized by Countries
5.1 Europe Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Countries
5.1.1 Europe Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
5.1.2 Europe Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
5.1.3 Germany Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
5.1.4 UK Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
5.1.5 France Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
5.1.6 Russia Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
5.1.7 Italy Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
5.1.8 Spain Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
5.2 Europe Automotive Electric Power Steering Systems Revenue (Value) by Manufacturers (2018-2020)
5.3 Europe Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Type (2015-2020)
5.3.1 Europe Automotive Electric Power Steering Systems Sales Market Share by Type (2015-2020)
5.3.2 Europe Automotive Electric Power Steering Systems Revenue and Revenue Share by Type (2015-2020)
5.4 Europe Automotive Electric Power Steering Systems Sales Market Share by Application (2015-2020)
6 Asia-Pacific Automotive Electric Power Steering Systems Market Size Categorized by Countries
6.1 Asia-Pacific Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Countries
6.1.1 Asia-Pacific Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
6.1.2 Asia-Pacific Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
6.1.3 China Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
6.1.4 Japan Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
6.1.5 Korea Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
6.1.6 India Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
6.1.7 Southeast Asia Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
6.1.8 Australia Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
6.2 Asia-Pacific Automotive Electric Power Steering Systems Sales and Revenue (Value) by Manufacturers (2018-2020)
6.3 Asia-Pacific Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Type (2015-2020)
6.3.1 Asia-Pacific Automotive Electric Power Steering Systems Sales Market Share by Type (2015-2020)
6.3.2 Asia-Pacific Automotive Electric Power Steering Systems Revenue and Revenue Share by Type (2015-2020)
6.4 Asia-Pacific Automotive Electric Power Steering Systems Sales and Market Share by Application (2015-2020)
7 North America Automotive Electric Power Steering Systems Market Size Categorized by Countries
7.1 North America Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Countries
7.1.1 North America Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
7.1.2 North America Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
7.1.3 United States Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
7.1.4 Canada Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
7.1.5 Mexico Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
7.2 North America Automotive Electric Power Steering Systems Revenue (Value) by Manufacturers (2018-2020)
7.3 North America Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Type (2015-2020)
7.3.1 North America Automotive Electric Power Steering Systems Sales Market Share by Type (2015-2020)
7.3.2 North America Automotive Electric Power Steering Systems Revenue and Revenue Share by Type (2015-2020)
7.4 North America Automotive Electric Power Steering Systems Sales Market Share by Application (2015-2020)
8 South America Automotive Electric Power Steering Systems Market Size Categorized by Countries
8.1 South America Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Countries
8.1.1 South America Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
8.1.2 South America Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
8.1.3 Brazil Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
8.2 South America Automotive Electric Power Steering Systems Revenue (Value) by Manufacturers (2018-2020)
8.3 South America Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Type (2015-2020)
8.3.1 South America Automotive Electric Power Steering Systems Sales Market Share by Type (2015-2020)
8.3.2 South America Automotive Electric Power Steering Systems Revenue and Revenue Share by Type (2015-2020)
8.4 South America Automotive Electric Power Steering Systems Sales Market Share by Application (2015-2020)
9 Middle East and Africa Automotive Electric Power Steering Systems Market Size Categorized by Countries
9.1 Middle East and Africa Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
9.1.2 Middle East and Africa Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
9.1.3 GCC Countries Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
9.1.4 Turkey Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
9.1.5 Egypt Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
9.1.6 South Africa Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
9.2 Middle East and Africa Automotive Electric Power Steering Systems Revenue (Value) by Manufacturers (2018-2020)
9.3 Middle East and Africa Automotive Electric Power Steering Systems Sales, Revenue and Market Share by Type
9.3.1 Middle East and Africa Automotive Electric Power Steering Systems Sales Market Share by Type (2015-2020)
9.3.2 Middle East and Africa Automotive Electric Power Steering Systems Revenue and Revenue Share by Type (2015-2020)
9.4 Middle East and Africa Automotive Electric Power Steering Systems Sales Market Share by Application (2015-2020)
10 Global Automotive Electric Power Steering Systems Market Segment by Type
10.1 Global Automotive Electric Power Steering Systems Revenue, Sales and Market Share by Type (2015-2020)
10.1.1 Global Automotive Electric Power Steering Systems Sales and Market Share by Type (2015-2020)
10.1.2 Global Automotive Electric Power Steering Systems Revenue and Market Share by Type (2015-2020)
10.2 C-EPS Sales Growth Rate and Price
10.2.1 Global C-EPS Sales Growth Rate (2015-2020)
10.2.2 Global C-EPS Price (2015-2020)
10.3 P-EPS Sales Growth Rate and Price
10.3.1 Global P-EPS Sales Growth Rate (2015-2020)
10.3.2 Global P-EPS Price (2015-2020)
10.4 R-EPS Sales Growth Rate and Price
10.4.1 Global R-EPS Sales Growth Rate (2015-2020)
10.4.2 Global R-EPS Price (2015-2020)
11.1 Global Automotive Electric Power Steering SystemsSales Market Share by Application (2015-2020)
11.2 Passenger Vehicle Sales Growth Rate (2015-2020)
11.3 Commercial Vehicle Sales Growth Rate (2015-2020)
12.1 Global Automotive Electric Power Steering Systems Revenue, Sales and Growth Rate (2020-2025)
12.2 Automotive Electric Power Steering Systems Market Forecast by Regions (2020-2025)
12.2.1 Europe Automotive Electric Power Steering Systems Market Forecast (2020-2025)
12.2.2 APAC Automotive Electric Power Steering Systems Market Forecast (2020-2025)
12.2.3 North America Automotive Electric Power Steering Systems Market Forecast (2020-2025)
12.2.4 South America Automotive Electric Power Steering Systems Market Forecast (2020-2025)
12.2.5 Middle East & Africa Automotive Electric Power Steering Systems Market Forecast (2020-2025)
12.3 Automotive Electric Power Steering Systems Market Forecast by Type (2020-2025)
12.3.1 Global Automotive Electric Power Steering Systems Sales Forecast by Type (2020-2025)
12.3.2 Global Automotive Electric Power Steering Systems Market Share Forecast by Type (2020-2025)
12.4 Automotive Electric Power Steering Systems Market Forecast by Application (2020-2025)
12.4.1 Global Automotive Electric Power Steering Systems Sales Forecast by Application (2020-2025)
12.4.2 Global Automotive Electric Power Steering Systems Market Share Forecast by Application (2020-2025)
13 Analysis of Automotive Electric Power Steering Systems Industry Key Manufacturers
13.1 JTEKT
13.1.1 Company Details
13.1.2 Product Information
13.1.3 JTEKT Automotive Electric Power Steering Systems Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.1.4 Main Business Overview
13.1.5 JTEKT News
13.2 Bosch
13.2.1 Company Details
13.2.2 Product Information
13.2.3 Bosch Automotive Electric Power Steering Systems Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.2.4 Main Business Overview
13.2.5 Bosch News
13.3 NSK
13.3.1 Company Details
13.3.2 Product Information
13.3.3 NSK Automotive Electric Power Steering Systems Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.3.4 Main Business Overview
13.3.5 NSK News
13.4 Nexteer
13.4.1 Company Details
13.4.2 Product Information
13.4.3 Nexteer Automotive Electric Power Steering Systems Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.4.4 Main Business Overview
13.4.5 Nexteer News
13.5 ZF
13.5.1 Company Details
13.5.2 Product Information
13.5.3 ZF Automotive Electric Power Steering Systems Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.5.4 Main Business Overview
13.5.5 ZF News
13.6 Mobis
13.6.1 Company Details
13.6.2 Product Information
13.6.3 Mobis Automotive Electric Power Steering Systems Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.6.4 Main Business Overview
13.6.5 Mobis News
13.7 Showa
13.7.1 Company Details
13.7.2 Product Information
13.7.3 Showa Automotive Electric Power Steering Systems Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.7.4 Main Business Overview
13.7.5 Showa News
13.8 Thyssenkrupp
13.8.1 Company Details
13.8.2 Product Information
13.8.3 Thyssenkrupp Automotive Electric Power Steering Systems Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.8.4 Main Business Overview
13.8.5 Thyssenkrupp News
13.9 Mando
13.9.1 Company Details
13.9.2 Product Information
13.9.3 Mando Automotive Electric Power Steering Systems Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.9.4 Main Business Overview
13.9.5 Mando News
15 Appendix
List of Tables and Figures
Figure Automotive Electric Power Steering Systems Picture
Figure Research Programs/Design for This Report
Figure Global Automotive Electric Power Steering Systems Market by Regions (2019)
Table Global Market Automotive Electric Power Steering Systems Comparison by Regions (M USD) 2019-2025
Table Global Automotive Electric Power Steering Systems Sales Growth (CAGR) (2019-2025) by Type
Figure Global Sales Market Share of Automotive Electric Power Steering Systems by Type in 2019
Figure C-EPS Picture
Figure P-EPS Picture
Figure R-EPS Picture
Figure Passenger Vehicle Picture
Figure Commercial Vehicle Picture
Table Global Automotive Electric Power Steering Systems Revenue by Manufacturer (2018-2020)
Figure Global Automotive Electric Power Steering Systems Revenue Market Share by Manufacturer in 2019
Table Global Automotive Electric Power Steering Systems Manufacturers Market Concentration Ratio (CR5 and HHI)
Figure Top 5 Automotive Electric Power Steering Systems Manufacturer (Revenue) Market Share in 2019
Figure Top 10 Automotive Electric Power Steering Systems Manufacturer (Revenue) Market Share in 2019
Table Date of Key Manufacturers Enter into Automotive Electric Power Steering Systems Market
Table Key Manufacturers Automotive Electric Power Steering Systems Product Type
Table Mergers & Acquisitions Planning
Table Market Opportunities in Next Few Years
Table Market Risks Analysis
Table Market Drivers
Table Key Players of Upstream Markets
Table Key Raw Materials
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Automotive Electric Power Steering Systems
Table Key Players of Upstream Markets
Table Sales Channel
Figure Sales Channel
Figure Direct Channel Pros & Cons
Table Automotive Electric Power Steering Systems Distributors List
Table Automotive Electric Power Steering Systems Customers List
Figure Global Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Global Automotive Electric Power Steering Systems Revenue and Growth Rate (2015-2020)
Table Global Automotive Electric Power Steering Systems Sales by Regions (2015-2020)
Figure Global Automotive Electric Power Steering Systems Sales Market Share by Regions in 2019
Table Global Automotive Electric Power Steering Systems Revenue by Regions (2015-2020)
Figure Global Automotive Electric Power Steering Systems Revenue Market Share by Regions in 2019
Figure Europe Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure APAC Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure North America Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure South America Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Middle East & Africa Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Europe Automotive Electric Power Steering Systems Revenue and Growth Rate (2015-2020)
Table Europe Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
Table Europe Automotive Electric Power Steering Systems Sales Market Share by Countries (2015-2020)
Figure Europe Automotive Electric Power Steering Systems Sales Market Share by Countries in 2019
Table Europe Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
Table Europe Automotive Electric Power Steering Systems Revenue Market Share by Countries (2015-2020)
Table Europe Automotive Electric Power Steering Systems Revenue Market Share by Countries (2015-2020)
Figure Europe Automotive Electric Power Steering Systems Revenue Market Share by Countries in 2019
Figure Germany Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure UK Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure France Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Russia Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Italy Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Spain Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Table Europe Automotive Electric Power Steering Systems Revenue by Manufacturer (2018-2020)
Figure Europe Automotive Electric Power Steering Systems Revenue Market Share by Manufacturer in 2019
Table Europe Automotive Electric Power Steering Systems Sales by Type (2015-2020)
Table Europe Automotive Electric Power Steering Systems Sales Share by Type (2015-2020)
Table Europe Automotive Electric Power Steering Systems Revenue by Type (2015-2020)
Table Europe Automotive Electric Power Steering Systems Revenue Share by Type (2015-2020)
Table Europe Automotive Electric Power Steering Systems Sales by Application (2015-2020)
Table Europe Automotive Electric Power Steering Systems Sales Share by Application (2015-2020)
Figure Asia-Pacific Automotive Electric Power Steering Systems Revenue and Growth Rate (2015-2020)
Table Asia-Pacific Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
Table Asia-Pacific Automotive Electric Power Steering Systems Sales Market Share by Countries (2015-2020)
Figure Asia-Pacific Automotive Electric Power Steering Systems Sales Market Share by Countries in 2019
Table Asia-Pacific Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
Table Asia-Pacific Automotive Electric Power Steering Systems Revenue Market Share by Countries (2015-2020)
Figure Asia-Pacific Automotive Electric Power Steering Systems Revenue Market Share by Countries in 2019
Figure China Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Japan Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Korea Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure India Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Australia Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Table Asia-Pacific Automotive Electric Power Steering Systems Revenue by Manufacturer (2018-2020)
Figure Asia-Pacific Automotive Electric Power Steering Systems Revenue Market Share by Manufacturer in 2019
Table Asia-Pacific Automotive Electric Power Steering Systems Sales by Type (2015-2020)
Table Asia-Pacific Automotive Electric Power Steering Systems Sales Share by Type (2015-2020)
Table Asia-Pacific Automotive Electric Power Steering Systems Revenue by Type (2015-2020)
Table Asia-Pacific Automotive Electric Power Steering Systems Revenue Share by Type (2015-2020)
Table Asia-Pacific Automotive Electric Power Steering Systems Sales by Application (2015-2020)
Table Asia-Pacific Automotive Electric Power Steering Systems Sales Share by Application (2015-2020)
Figure North America Automotive Electric Power Steering Systems Revenue and Growth Rate (2015-2020)
Table North America Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
Table North America Automotive Electric Power Steering Systems Sales Market Share by Countries (2015-2020)
Figure North America Automotive Electric Power Steering Systems Sales Market Share by Countries in 2019
Table North America Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
Table North America Automotive Electric Power Steering Systems Revenue Market Share by Countries (2015-2020)
Figure North America Automotive Electric Power Steering Systems Revenue Market Share by Countries in 2019
Figure United States Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Canada Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Mexico Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Table North America Automotive Electric Power Steering Systems Revenue by Manufacturer (2018-2020)
Figure North America Automotive Electric Power Steering Systems Revenue Market Share by Manufacturer in 2019
Table North America Automotive Electric Power Steering Systems Sales by Type (2015-2020)
Table North America Automotive Electric Power Steering Systems Sales Share by Type (2015-2020)
Table North America Automotive Electric Power Steering Systems Revenue by Type (2015-2020)
Table North America Automotive Electric Power Steering Systems Revenue Share by Type (2015-2020)
Table North America Automotive Electric Power Steering Systems Sales by Application (2015-2020)
Table North America Automotive Electric Power Steering Systems Sales Share by Application (2015-2020)
Figure South America Automotive Electric Power Steering Systems Revenue and Growth Rate (2015-2020)
Table South America Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
Table South America Automotive Electric Power Steering Systems Sales Market Share by Countries (2015-2020)
Figure South America Automotive Electric Power Steering Systems Sales Market Share by Countries in 2019
Table South America Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
Table South America Automotive Electric Power Steering Systems Revenue Market Share by Countries (2015-2020)
Figure South America Automotive Electric Power Steering Systems Revenue Market Share by Countries in 2019
Figure Brazil Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Table South America Automotive Electric Power Steering Systems Revenue by Manufacturer (2018-2020)
Figure South America Automotive Electric Power Steering Systems Revenue Market Share by Manufacturer in 2019
Table South America Automotive Electric Power Steering Systems Sales by Type (2015-2020)
Table South America Automotive Electric Power Steering Systems Sales Share by Type (2015-2020)
Table South America Automotive Electric Power Steering Systems Revenue by Type (2015-2020)
Table South America Automotive Electric Power Steering Systems Revenue Share by Type (2015-2020)
Table South America Automotive Electric Power Steering Systems Sales by Application (2015-2020)
Table South America Automotive Electric Power Steering Systems Sales Share by Application (2015-2020)
Figure Middle East and Africa Automotive Electric Power Steering Systems Revenue and Growth Rate (2015-2020)
Table Middle East and Africa Automotive Electric Power Steering Systems Sales by Countries (2015-2020)
Table Middle East and Africa Automotive Electric Power Steering Systems Sales Market Share by Countries (2015-2020)
Figure Middle East and Africa Automotive Electric Power Steering Systems Sales Market Share by Countries in 2019
Table Middle East and Africa Automotive Electric Power Steering Systems Revenue by Countries (2015-2020)
Table Middle East and Africa Automotive Electric Power Steering Systems Revenue Market Share by Countries (2015-2020)
Figure Middle East and Africa Automotive Electric Power Steering Systems Revenue Market Share by Countries in 2019
Figure GCC Countries Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Egypt Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure Turkey Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Figure South Africa Automotive Electric Power Steering Systems Sales and Growth Rate (2015-2020)
Table Middle East and Africa Automotive Electric Power Steering Systems Revenue by Manufacturer (2018-2020)
Figure Middle East and Africa Automotive Electric Power Steering Systems Revenue Market Share by Manufacturer in 2019
Table Middle East and Africa Automotive Electric Power Steering Systems Sales by Type (2015-2020)
Table Middle East and Africa Automotive Electric Power Steering Systems Sales Share by Type (2015-2020)
Table Middle East and Africa Automotive Electric Power Steering Systems Revenue by Type (2015-2020)
Table Middle East and Africa Automotive Electric Power Steering Systems Revenue Share by Type (2015-2020)
Table Middle East and Africa Automotive Electric Power Steering Systems Sales by Application (2015-2020)
Table Middle East and Africa Automotive Electric Power Steering Systems Sales Share by Application (2015-2020)
Table Global Automotive Electric Power Steering Systems Sales by Type (2015-2020)
Table Global Automotive Electric Power Steering Systems Sales Market Share by Type (2015-2020)
Figure Global Automotive Electric Power Steering Systems Sales Market Share by Type in 2019
Table Global Automotive Electric Power Steering Systems Revenue by Type (2015-2020)
Table Global Automotive Electric Power Steering Systems Revenue Market Share by Type (2015-2020)
Figure Global Automotive Electric Power Steering Systems Revenue Market Share by Type in 2019
Figure Global C-EPS Sales Growth Rate (2015-2020)
Figure Global C-EPS Price (2015-2020)
Figure Global P-EPS Sales Growth Rate (2015-2020)
Figure Global P-EPS Price (2015-2020)
Figure Global R-EPS Sales Growth Rate (2015-2020)
Figure Global R-EPS Price (2015-2020)
Figure Global Automotive Electric Power Steering Systems Sales Market Share by Application in 2019
Figure Global Passenger Vehicle Sales Growth Rate (2015-2020)
Figure Global Commercial Vehicle Sales Growth Rate (2015-2020)
Table Global Automotive Electric Power Steering Systems Sales Forecast by Regions (2020-2025)
Table Global Automotive Electric Power Steering Systems Market Share Forecast by Regions (2020-2025
Figure Europe Sales Automotive Electric Power Steering Systems Market Forecast (2020-2025)
Figure APAC Sales Automotive Electric Power Steering Systems Market Forecast (2020-2025)
Figure North America Sales Automotive Electric Power Steering Systems Market Forecast (2020-2025)
Figure South America Sales Automotive Electric Power Steering Systems Market Forecast (2020-2025)
Figure Middle East & Africa Sales Automotive Electric Power Steering Systems Market Forecast (2020-2025)
Table Global Automotive Electric Power Steering Systems Sales Forecast by Type (2020-2025)
Table Global Automotive Electric Power Steering Systems Market Share Forecast by Type (2020-2025)
Table Global Automotive Electric Power Steering Systems Sales Forecast by Application (2020-2025)
Table Global Automotive Electric Power Steering Systems Market Share Forecast by Application (2020-2025)
Table JTEKT Company Profile
Figure Automotive Electric Power Steering Systems Product Picture and Specifications of JTEKT
Table Automotive Electric Power Steering Systems Production, Price, Revenue and Gross Margin of 2018-2020
Figure JTEKT Automotive Electric Power Steering Systems Market Share (2018-2020)
Table JTEKT Main Business
Table JTEKT Recent Development
Table Bosch Company Profile
Figure Automotive Electric Power Steering Systems Product Picture and Specifications of Bosch
Table Automotive Electric Power Steering Systems Production, Price, Revenue and Gross Margin of 2018-2020
Figure Bosch Automotive Electric Power Steering Systems Market Share (2018-2020)
Table Bosch Main Business
Table Bosch Recent Development
Table NSK Company Profile
Figure Automotive Electric Power Steering Systems Product Picture and Specifications of NSK
Table Automotive Electric Power Steering Systems Production, Price, Revenue and Gross Margin of 2018-2020
Figure NSK Automotive Electric Power Steering Systems Market Share (2018-2020)
Table NSK Main Business
Table NSK Recent Development
Table Nexteer Company Profile
Figure Automotive Electric Power Steering Systems Product Picture and Specifications of Nexteer
Table Automotive Electric Power Steering Systems Production, Price, Revenue and Gross Margin of 2018-2020
Figure Nexteer Automotive Electric Power Steering Systems Market Share (2018-2020)
Table Nexteer Main Business
Table Nexteer Recent Development
Table ZF Company Profile
Figure Automotive Electric Power Steering Systems Product Picture and Specifications of ZF
Table Automotive Electric Power Steering Systems Production, Price, Revenue and Gross Margin of 2018-2020
Figure ZF Automotive Electric Power Steering Systems Market Share (2018-2020)
Table ZF Main Business
Table ZF Recent Development
Table Mobis Company Profile
Figure Automotive Electric Power Steering Systems Product Picture and Specifications of Mobis
Table Automotive Electric Power Steering Systems Production, Price, Revenue and Gross Margin of 2018-2020
Figure Mobis Automotive Electric Power Steering Systems Market Share (2018-2020)
Table Mobis Main Business
Table Mobis Recent Development
Table Showa Company Profile
Figure Automotive Electric Power Steering Systems Product Picture and Specifications of Showa
Table Automotive Electric Power Steering Systems Production, Price, Revenue and Gross Margin of 2018-2020
Figure Showa Automotive Electric Power Steering Systems Market Share (2018-2020)
Table Showa Main Business
Table Showa Recent Development
Table Thyssenkrupp Company Profile
Figure Automotive Electric Power Steering Systems Product Picture and Specifications of Thyssenkrupp
Table Automotive Electric Power Steering Systems Production, Price, Revenue and Gross Margin of 2018-2020
Figure Thyssenkrupp Automotive Electric Power Steering Systems Market Share (2018-2020)
Table Thyssenkrupp Main Business
Table Thyssenkrupp Recent Development
Table Mando Company Profile
Figure Automotive Electric Power Steering Systems Product Picture and Specifications of Mando
Table Automotive Electric Power Steering Systems Production, Price, Revenue and Gross Margin of 2018-2020
Figure Mando Automotive Electric Power Steering Systems Market Share (2018-2020)
Table Mando Main Business
Table Mando Recent Development
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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