Global Automotive Electric Power Steering (EPS) Market Professional Survey Report 2019
NSK Ltd, a Japanese Company has designed the world’s lightest column type Electric Power Steering (EPS), which will contribute to increased fuel efficiency in automobiles.
The simple EPS design compared to hydraulic steering systems, with advantages such as lesser weight, low maintenance, a better response at different speeds, high durability, and lesser fuel consumption, has fuelled the adoption of EPS over hydraulic systems, in turn, driving the market for automotive electric power steering systems. Erratic fuel prices and safety features, such as electronic stability control and ABS integrated with electronic steering systems, are some other factors fuelling demand in this market.
The global Automotive Electric Power Steering (EPS) market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Automotive Electric Power Steering (EPS) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Electric Power Steering (EPS) market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Automotive Electric Power Steering (EPS) in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Automotive Electric Power Steering (EPS) manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Segment by Regions
Segment by Type
Segment by Application
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.