Electric Power Steering System Market, Share, Size, Future Trends, Forecast and Outlook – 2030
The market research report provides a comprehensive analysis of the industry, with a specific focus on the Electric Power Steering System Market. It examines the size, growth rate, and major trends within the Electric Power Steering System Market, offering valuable insights into its current state and future prospects. The report explores the significance of Fibre Reinforced Polymer Composites (FRP) in driving market dynamics and shaping business strategies. It investigates the market drivers, such as increasing consumer demand and emerging trends related to Fibre Reinforced Polymer Composites (FRP), providing a deep understanding of the factors influencing market growth. Additionally, the report assesses the competitive landscape within the Electric Power Steering System Market, profiling key players and their market share, strategies, and product offerings. It also addresses market segmentation, identifying different segments within the Electric Power Steering System Market and their unique characteristics. Overall, the market research report equips businesses operating in the Electric Power Steering System Market with valuable information and actionable recommendations to capitalize on opportunities and navigate the challenges in the industry.
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This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments.
Key Market Segmentation
Electric Power Steering System Market – By Type
C-EPS
R-EPS
P-EPS
Electric Power Steering System Market – By Component
Sensor
Steering Column
Steering Motor
Other
Electric Power Steering System Market – By Electric Motor Type
Brushless DC Motors
Brushed DC Motors
Electric Power Steering System Market – By Mechanism
Collapsible EPS
Rigid EPS
Electric Power Steering System Market – By Vehicle Type
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Power Steering System Market – By Region
North America
US
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Russia
Benelux
Nordics
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Middle East and Africa
South America
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Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Rapidly expanding automotive industry across the geographies
4.2.2 Rising demand for passenger vehicles particularly in the developing countries
4.3 Restraints
4.3.1 High cost of electric power steering system
4.4 Opportunities
4.4.1 Increasing use of electric power steering system in the commercial vehicles
4.5 Porter’s Five Forces Model Analysis
4.6 Value Chain Analysis
4.7 Impact of COVID-19 on Global Electric Power Steering System Market
5 Global Electric Power Steering System Market, By Type
5.1 Introduction
5.2 C-EPS
5.3 R-EPS
5.4 P-EPS
6 Global Electric Power Steering System Market, By Component
6.1 Introduction
6.2 Sensor
6.3 Steering Column
6.4 Steering Motor
6.5 Other
7 Global Electric Power Steering System Market, By Electric Motor Type
7.1 Introduction
7.2 Brushless DC Motors
7.3 Brushed DC Motors
8 Global Electric Power Steering System Market, By Mechanism
8.1 Introduction
8.2 Collapsible EPS
8.3 Rigid EPS
9 Global Electric Power Steering System Market, By Vehicle Type
9.1 Introduction
9.2 Passenger Vehicles
9.3 Light Commercial Vehicles
9.4 Heavy Commercial Vehicles
10 Global Electric Power Steering System Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Rest of Asia-Pacific
10.5 Middle East and Africa
10.6 South America
11 Competitive Landscape
11.1 Introduction
11.2 Vendor Evaluation Criteria
11.3 Vendor Share Analysis, 2020
11.4 Recent Developments, 2018-2021
11.4.1 New Product Launches
11.4.2 Partnerships
11.4.3 Mergers or Acquisitions
11.4.4 Business Expansions
12 Company Profiles
(This section covers the Business Overview, Financial Overview, Product and Product Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.
12.1 Showa Corporation
12.2 JTEKT Corporation
12.3 Nexteer Automotive
12.4 Hyundai Mobis
12.5 Thyssenkrupp AG
12.6 ZF Friedrichshafen AG
12.7 Robert Bosch GmbH
12.8 BORGWARNER
12.9 Mitsubishi Electric Corporation
12.10 Tenneco
12.11 The Mando Corporation
12.12 HYCET Technology Co., Ltd.
13 Appendix
13.1 Discussion Guide
13.2 Customization Options
13.3 Related Reports
Continue…
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