Automotive EPS Market in UK 2022-2026

Automotive EPS Market in UK 2022-2026

Technavio has been monitoring the automotive EPS market in UK and it is poised to grow by 1.33 mn units during 2022-2026, decelerating at a CAGR of 7.59% during the forecast period. Our report on the automotive EPS market in UK provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the need to share the increase in production cost between OEMs and end-users and increasing global automobile sales. In addition, the need to share the increase in production cost between OEMs and end-users is anticipated to boost the growth of the market as well.

The automotive EPS market in UK analysis includes the type and vehicle type segments.

Technavio's automotive EPS market in UK is segmented as below:

By Type

• Column
• Pinion
• Double pinion

By Vehicle Type

• Passenger cars
• Commercial vehicles

This study identifies the rising adoption of EPS in entry-level and mid-segment vehiclesas one of the prime reasons driving the automotive EPS market growth in UK during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive EPS market in UK covers the following areas:

• Automotive EPS market sizing
• Automotive EPS market forecast
• Automotive EPS market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive EPS market vendors in UK that include ATS Automation Tooling Systems Inc., BorgWarner Inc., Hitachi Ltd., Hyundai Motor Group, Infineon Technologies AG, JTEKT Corp., Mando Corp., Melrose Industries Plc, Mitsubishi Electric Corp., and NEXTEER AUTOMOTIVE GROUP LTD. Also, the automotive EPS market in UK analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.