Electric Power Steering Market is forecasted to value over USD 48.1 billion by 2028 end and register a CAGR of 6.1% from the forecast period 2021-2028.

With the advent of IoT and AI, the automotive industry is bound to showcase significant growth in the upcoming years. The rise in the manufacturing of autonomous vehicles, the customers obtaining predictive maintenance data, understanding traffic dynamics are some of the factors that have resulted in the significant growth of the automotive industry. Furthermore, many car dealers are using the latest technologies like augmented reality which enhances the buying experience of consumers. Major car manufacturers are slowly adopting Electric Power Steering owing to the air pollution caused by gasoline and diesel vehicles which has opened new opportunities for emerging players to establish their position in the market.

The Electric Power Steering Market assessment is performed taking various factors into consideration, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of market players. The Electric Power Steering Market is also evaluated based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of the latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.

Major players included in the Electric Power Steering Market:

  • Jtekt
  • Nexteer
  • ZF
  • Robert Bosch
  • NSK
  • Hyundai Mobis
  • Showa Corporation
  • Delphi
  • Thyssenkrupp
  • Mitsubishi Electric
  • GKN
  • Federal Mogul

(Note: The list of the major players will be updated with the latest market scenario and trends)

Electric Power Steering Market Segmentation:
By Type

  • Rack Assist Type (REPS)
  • Colum Assist Type (CEPS)
  • Pinion Assist Type (PEPS)

By Component

  • Steering wheel
  • Steering column
  • Sensors
  • Steering gear
  • Mechanical rack and pinion
  • Electronic control unit
  • Electric motor
  • Bearing

By Electric Motor Type

  • Brushed DC Motors
  • Brushless DC Motors

By Mechanism

  • Collapsible EPS
  • Rigid EPS

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

By Off-Highway Vehicle

  • Construction equipment
  • Agricultural equipment

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Electric Power Steering Market Competitive Analysis:

  • Tier-1 Players
  • Tier-2 Players
  • Emerging Players
  • New Entrants

Future Market Analytics Focus Points:

  • SWOT Analysis
  • Key Market Trends
  • Key Data -Points Affecting Market Growth
  • Revenue and Forecast Analysis
  • Growth Opportunities For New Entrants and Emerging Players
  • Key Player and Market Growth Matrix

Objectives of the Study:

  • To provide a comprehensive analysis on the Electric Power Steering Market by type, by component, by electric motor type, by mechanism, by vehicle type, by off-highway vehicle and by region
  • To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
  • To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
  • To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players

 
In case of any requirements or changes to the current table of content please contact us at:enquiry@futuremarketanalytics.com

Description

1. Market Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Market Scope
         1.3.1 Years Considered for the Study
         1.3.2 Market Covered
    1.4. Currency
    1.5. Limitations
    1.6. Stakeholders

2. Research Methodology
    2.1. Research Data
         2.1.1. Secondary Data
                2.1.1.1. Key Data from Secondary Sources
         2.1.2. Primary Data
                2.1.2.1. Key Data from Primary Sources
    2.2. Market Size Estimation
    2.3. Market Breakdown and Data Triangulation
    2.4. Assumptions for the Study

3. Executive Summary
    3.1. Market Outlook
    3.2. Segment Outlook
    3.3. Competitive Insights

4. Market Variables, Trends & Scope
    4.1. Market Lineage Outlook
    4.2. Penetration and Growth Prospect Mapping
    4.3. Industry Value Chain Analysis
    4.4. Cost Analysis Breakdown
    4.5. Technology Overview
    4.6. Regulatory Framework on Country Level
         4.6.1. Reimbursement Framework
         4.6.2. Standards and Compliances

5. Market Overview
    5.1. Market Dynamics
         5.1.1. Market Driver Analysis
         5.1.2. Market Restraint Analysis
         5.1.3. Industry Challenges

6. Market Analysis Tools
    6.1. Industry Analysis – Porter’s
         6.1.1. Supplier Power
         6.1.2. Buyer Power
         6.1.3. Substitution Threat
         6.1.4. Threat from new entrants
         6.1.5. Competitive Rivalry
    6.2. Pestel Analysis
         6.2.1. Political Landscape
         6.2.2. Environmental Landscape
         6.2.3. Social landscape
         6.2.4. Technology landscape
         6.2.5. Legal Landscape

7. Electric Power Steering Market, By Type Historical Analysis 2016-2020 and Forecast 2021-2028 (USD million)
    7.1. Rack Assist Type (REPS)
    7.2. Colum Assist Type (CEPS)
    7.3. Pinion Assist Type (PEPS)

8. Electric Power Steering Market, By Component Historical Analysis 2016-2020 and Forecast 2021-2028 (USD million)
    8.1. Steering wheel
    8.2. Steering column
    8.3. Sensors
    8.4. Steering gear
    8.5. Mechanical rack and pinion
    8.6. Electronic control unit
    8.7. Electric motor
    8.8. Bearing

9. Electric Power Steering Market, By Electric Motor Type Historical Analysis 2016-2020 and Forecast 2021-2028 (USD million)
    9.1. Brushed DC Motors
    9.2. Brushless DC Motors

10. Electric Power Steering Market, By Mechanism Historical Analysis 2016-2020 and Forecast 2021-2028 (USD million)
    10.1. Collapsible EPS
    10.2. Rigid EPS

11. Electric Power Steering Market, By Vehicle Type Historical Analysis 2016-2020 and Forecast 2021-2028 (USD million)
    11.1. Passenger Cars
    11.2. Commercial Vehicles

12. Electric Power Steering Market, By Off-Highway Vehicle Historical Analysis 2016-2020 and Forecast 2021-2028 (USD million)
    12.1. Construction equipment
    12.2. Agricultural equipment

13. North America Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    13.1. Introduction
    13.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         13.2.1. U.S.
         13.2.2. Canada
         13.2.3. Mexico
         13.2.4. Rest of North America
    13.3. Market Size (USD Mn) Forecast for North America 2021-2028

14. Latin America Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    14.1. Introduction
    14.2. Regional Market Trends
    14.3. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         14.3.1. Brazil
         14.3.2. Venezuela
         14.3.3. Argentina
         14.3.4. Rest of Latin America
    14.4 Market Size (USD Mn) Forecast for Latin America 2021-2028

15. Europe Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    15.1. Introduction
    15.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         15.2.1. Germany
         15.2.2. U.K
         15.2.3. France
         15.2.4. Italy
         15.2.5. Switzerland
         15.2.6. Spain
         15.2.7. Russia
         15.2.8. Poland
         15.2.9. Rest of Europe
    15.3. Market Size (USD Mn) Forecast for Europe 2021-2028

16. Asia Pacific Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    16.1. Introduction
    16.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         16.2.1. Japan
         16.2.2. China
         16.2.3. Singapore
         16.2.4. Korea
         16.2.5. India
         16.2.6. Australia and New Zealand
         16.2.7. ASEAN
         16.2.8. Rest of Asia Pacific
    16.3. Market Size (USD Mn) Forecast for Asia Pacific 2021-2028

17. Middle East and Africa Market Analysis 2016-2020 and Forecast 2021-2028 (USD Million)
    17.1. Introduction
    17.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020
         17.2.1. UAE
         17.2.2. South Africa
         17.2.3. Egypt
         17.2.4. Saudi Arabia
         17.2.5. Rest of MEA
    17.3. Market Size (USD Mn) Forecast for MEA 2021-2028

18. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Type and Technology Portfolio, Financial Layouts)
    18.1. Jtekt
         18.1.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.1.2. Product Portfolio
         18.1.3. SWOT Analysis
         18.1.4. Financial Overview
         18.1.5. Strategic Overview
    18.2. Nexteer
         18.2.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.2.2. Product Portfolio
         18.2.3. SWOT Analysis
         18.2.4. Financial Overview
         18.2.5. Strategic Overview
    18.3. ZF
         18.3.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.3.2. Product Portfolio
         18.3.3. SWOT Analysis
         18.3.4. Financial Overview
         18.3.5. Strategic Overview
    18.4. Robert Bosch
         18.4.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.4.2. Product Portfolio
         18.4.3. SWOT Analysis
         18.4.4. Financial Overview
         18.4.5. Strategic Overview
    18.5. NSK
         18.5.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.5.2. Product Portfolio
         18.5.3. SWOT Analysis
         18.5.4. Financial Overview
         18.5.5. Strategic Overview
    18.6. Hyundai Mobis
         18.6.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.6.2. Product Portfolio
         18.6.3. SWOT Analysis
         18.6.4. Financial Overview
         18.6.5. Strategic Overview
    18.7. Showa Corporation
         18.7.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.7.2. Product Portfolio
         18.7.3. SWOT Analysis
         18.7.4. Financial Overview
         18.7.5. Strategic Overview
    18.8. Delphi
         18.8.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.8.2. Product Portfolio
         18.8.3. SWOT Analysis
         18.8.4. Financial Overview
         18.8.5. Strategic Overview
    18.9. Thyssenkrupp
         18.9.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.9.2. Product Portfolio
         18.9.3. SWOT Analysis
         18.9.4. Financial Overview
         18.9.5. Strategic Overview
    18.10. Mitsubishi Electric
         18.10.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.10.2. Product Portfolio
         18.10.3. SWOT Analysis
         18.10.4. Financial Overview
         18.10.5. Strategic Overview
    18.11. GKN
         18.11.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.11.2. Product Portfolio
         18.11.3. SWOT Analysis
         18.11.4. Financial Overview
         18.11.5. Strategic Overview
    18.12. Federal Mogul
         18.12.1. Company Overview (HQ, Business Segments, Employee Strength)
         18.12.2. Product Portfolio
         18.12.3. SWOT Analysis
         18.12.4. Financial Overview
         18.12.5. Strategic Overview

19. Impact of COVID-19
    19.1. Positive influence on the industry
    19.2. The financial disruption of the sector
    19.3. Impact of COVID-19 on emerging companies
    19.4. Significant mandates in the industry regulations initiated by administrations
    19.5. The overall economic slowdown of the developing and developed nations

20. Competitive Intelligence and Competitive Matrix
    20.1. Competitive Intelligence
    20.2. Competitive Matrix

21. Major Deals and Strategic Alliances Analysis
    21.1. Joint ventures
    21.2. Mergers and acquisitions
    21.3. Licensing and partnerships
    21.4. Technology Collaborations
    21.5. Strategic Divestments
    21.6. Market Entry Strategies

22. Relevant Case Studies and Latest News Updates

23. Key Market Takeaway Points from the Market Analysts at Future Market Analytics