Electric Power Steering Market by Components (Bearing, Electric Motor, Electronic Control Unit), Electric Motor (Brush Motor, Brushless Motor), Electric Vehicle, EV Gear Type, Type, Mechanism, Application, Off-Highway Application - Global Forecast 2024-20

Electric Power Steering Market by Components (Bearing, Electric Motor, Electronic Control Unit), Electric Motor (Brush Motor, Brushless Motor), Electric Vehicle, EV Gear Type, Type, Mechanism, Application, Off-Highway Application - Global Forecast 2024-2030

The Electric Power Steering Market size was estimated at USD 27.63 billion in 2023 and expected to reach USD 29.35 billion in 2024, at a CAGR 6.34% to reach USD 42.49 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Electric Power Steering Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Electric Power Steering Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Electric Power Steering Market, highlighting leading vendors and their innovative profiles. These include D S Auto Enterprise Sdn Bhd, Denso Corporation, Georgsmarienhütte Holding GmbH, GKN Automotive Limited, Honeycomb Yichuang Technology Co., Ltd., Infineon Technologies AG, JTEKT Corporation, Mando Corporation, Mitsubishi Electric Corporation, Mobis India Limited, Nexteer Automotive Corporation, Robert Bosch GmbH, Rollax GmbH & CO., Showa Corporation, ThyssenKrupp AG, and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Electric Power Steering Market to forecast the revenues and analyze trends in each of the following sub-markets:

Components
Bearing

Electric Motor

Electronic Control Unit

Mechanical Rack & Pinion

Sensors

Steering Column

Steering Gear
Electric Motor
Brush Motor

Brushless Motor
Electric Vehicle
BEV

FCEV

PHEV
EV Gear Type
Ball Screw

Worm Gear
Type
CEPS

PEPS

REPS
Mechanism
Collapsible

Rigid
Application
Commercial Vehicles

Passenger Cars
Off-Highway Application
Agricultural Equipment

Construction Equipment
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Electric Power Steering Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Electric Power Steering Market?
3. What are the technology trends and regulatory frameworks in the Electric Power Steering Market?
4. What is the market share of the leading vendors in the Electric Power Steering Market?
5. Which modes and strategic moves are suitable for entering the Electric Power Steering Market?PDF E-mail From Publisher (2-5)Users License