Global Electric Power Steering System (EPS) Market Insights, Forecast to 2029

Global Electric Power Steering System (EPS) Market Insights, Forecast to 2029

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the Electric Power Steering System (EPS) market was valued at US$ 16,618.17 million in 2022 and is projected to reach US$ 20,382.10 million by 2029, at a CAGR of 2.65% during the forecast period (2023-2029).

The China market for Electric Power Steering System (EPS) is estimated to increase from $ 5,038.49 million in 2023 to reach $ 6,121.33 million by 2029, at a CAGR of 3.30% during the forecast period of 2023 through 2029.

The global key manufacturers of Electric Power Steering System (EPS) include JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp, and Mando, etc. In 2022, the global top five players had a share approximately 79% in terms of revenue.

In terms of production side, this report researches the Electric Power Steering System (EPS) production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.

In terms of consumption side, this report focuses on the sales of Electric Power Steering System (EPS) by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.

Report Includes:

This report presents an overview of global market for Electric Power Steering System (EPS), capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.

This report researches the key producers of Electric Power Steering System (EPS), also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Electric Power Steering System (EPS), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Electric Power Steering System (EPS) sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global Electric Power Steering System (EPS) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for Electric Power Steering System (EPS) sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp, and Mando, etc.

By Company

JTEKT

Bosch

Nexteer

ZF

NSK

Hitachi Astemo (Showa)

Hyundai Mobis

Thyssenkrupp

Mando

CAAS

Zhuzhou Elite

Yubei

Zhejiang Shibao

Segment by Type

C-EPS

P-EPS

DP-EPS

R-EPS

Segment by Application

Passenger Car

Commercial Vehicle

Production by Region

North America

Europe

China

Japan

Sales by Region

US & Canada

U.S.

Canada

China

Asia (excluding China)

Japan

South Korea

Southeast Asia

India

Europe

Germany

France

U.K.

Italy

Russia

Middle East, Africa, Latin America

Brazil

Argentina

Mexico

Turkey

Iran

South Africa

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Electric Power Steering System (EPS) production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 3: Sales (consumption), revenue of Electric Power Steering System (EPS) in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 4: Detailed analysis of Electric Power Steering System (EPS) manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.

Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.

Chapter 9: China by Type, and by Application, sales, and revenue for each segment.

Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.

Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.

Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electric Power Steering System (EPS) sales, revenue, price, gross margin, and recent development, etc.

Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 15: The main points and conclusions of the report.