Automotive Electric Power Steering (EPS) Market 2027 | The Insight Partners

Automotive Electric Power Steering (EPS) Market to 2027 - Global Analysis and Forecasts By Component (Steering Column, Steering Motor, Sensor, Others); Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) and Geography

Report Code: TIPRE00007450 | No. of Pages: 150 | Category: Automotive and Transportation | Status: Upcoming
MARKET INTRODUCTION

The demand for electric power steering in the automotive industry is on the rise due to improved fuel efficiency in vehicles and lower mechanical complexity. The increasing production of passenger and commercial vehicles along with demand for advanced safety and convenience are contributing towards a healthy growth of the automotive electric power steering market. Major market manufacturers are adopting various strategies, including technological innovations and mergers and acquisitions for their growth.

MARKET DYNAMICS

The automotive electric power steering market is anticipated to grow in the forecast period owing to driving factors such as initiatives by manufacturers to reduce weight and vehicle complexity. Also, regulatory concerns encouraging the use of efficient technology are expected to propel the market growth. However, these systems are costlier than traditional steering systems. This factor may negatively influence the growth of the automotive electric power steering market during the forecast period. However, increasing adoption in commercial vehicles is likely to showcase significant growth opportunities for the players operating in the automotive electric power steering market in the future.

MARKET SCOPE

The "Global Automotive Electric Power Steering (EPS) Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive electric power steering market with detailed market segmentation by component, vehicle type, and geography. The global automotive electric power steering market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive electric power steering market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global automotive electric power steering market is segmented on the basis of component and vehicle type. Based on component, the market is segmented as steering column, steering motor, sensor, and others. On the basis of the vehicle type, the market is segmented as passenger cars, light commercial vehicles, and heavy commercial vehicles.

REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive electric power steering market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive electric power steering market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting automotive electric power steering market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the automotive electric power steering market in these regions.

MARKET PLAYERS


The reports cover key developments in the automotive electric power steering market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from automotive electric power steering market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive electric power steering in the global market. Below mentioned is the list of few companies engaged in the automotive electric power steering market.

The report also includes the profiles of key automotive electric power steering companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

  •  GKN Automotive Limited
  •  Hitachi Automotive Systems, Ltd.
  •  Hyundai Mobis Co., Ltd.
  •  JTEKT Corporation
  •  Mitsubishi Electric Corporation
  •  Nexteer Automotive Corporation
  •  NSK Ltd.
  •  Robert Bosch GmbH
  •  Showa Corporation
  •  ZF Friedrichshafen AG

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Electric Power Steering (EPS) Market - By Component
1.3.2 Automotive Electric Power Steering (EPS) Market - By Vehicle Type
1.3.3 Automotive Electric Power Steering (EPS) Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AUTOMOTIVE ELECTRIC POWER STEERING (EPS) MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. AUTOMOTIVE ELECTRIC POWER STEERING (EPS) MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. AUTOMOTIVE ELECTRIC POWER STEERING (EPS) MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE ELECTRIC POWER STEERING (EPS) - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE ELECTRIC POWER STEERING (EPS) - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. AUTOMOTIVE ELECTRIC POWER STEERING (EPS) MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. STEERING COLUMN
7.3.1. Overview
7.3.2. Steering Column Market Forecast and Analysis
7.4. STEERING MOTOR
7.4.1. Overview
7.4.2. Steering Motor Market Forecast and Analysis
7.5. SENSOR
7.5.1. Overview
7.5.2. Sensor Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. AUTOMOTIVE ELECTRIC POWER STEERING (EPS) MARKET - REVENUE AND FORECASTS TO 2027 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CARS
8.3.1. Overview
8.3.2. Passenger Cars Market Forecast and Analysis
8.4. LIGHT COMMERCIAL VEHICLES
8.4.1. Overview
8.4.2. Light Commercial Vehicles Market Forecast and Analysis
8.5. HEAVY COMMERCIAL VEHICLES
8.5.1. Overview
8.5.2. Heavy Commercial Vehicles Market Forecast and Analysis

9. AUTOMOTIVE ELECTRIC POWER STEERING (EPS) MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Automotive Electric Power Steering (EPS) Market Overview
9.1.2 North America Automotive Electric Power Steering (EPS) Market Forecasts and Analysis
9.1.3 North America Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Component
9.1.4 North America Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Vehicle Type
9.1.5 North America Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Countries
9.1.5.1 United States Automotive Electric Power Steering (EPS) Market
9.1.5.1.1 United States Automotive Electric Power Steering (EPS) Market by Component
9.1.5.1.2 United States Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.1.5.2 Canada Automotive Electric Power Steering (EPS) Market
9.1.5.2.1 Canada Automotive Electric Power Steering (EPS) Market by Component
9.1.5.2.2 Canada Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.1.5.3 Mexico Automotive Electric Power Steering (EPS) Market
9.1.5.3.1 Mexico Automotive Electric Power Steering (EPS) Market by Component
9.1.5.3.2 Mexico Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.2. EUROPE
9.2.1 Europe Automotive Electric Power Steering (EPS) Market Overview
9.2.2 Europe Automotive Electric Power Steering (EPS) Market Forecasts and Analysis
9.2.3 Europe Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Component
9.2.4 Europe Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Vehicle Type
9.2.5 Europe Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Automotive Electric Power Steering (EPS) Market
9.2.5.1.1 Germany Automotive Electric Power Steering (EPS) Market by Component
9.2.5.1.2 Germany Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.2.5.2 France Automotive Electric Power Steering (EPS) Market
9.2.5.2.1 France Automotive Electric Power Steering (EPS) Market by Component
9.2.5.2.2 France Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.2.5.3 Italy Automotive Electric Power Steering (EPS) Market
9.2.5.3.1 Italy Automotive Electric Power Steering (EPS) Market by Component
9.2.5.3.2 Italy Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.2.5.4 United Kingdom Automotive Electric Power Steering (EPS) Market
9.2.5.4.1 United Kingdom Automotive Electric Power Steering (EPS) Market by Component
9.2.5.4.2 United Kingdom Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.2.5.5 Russia Automotive Electric Power Steering (EPS) Market
9.2.5.5.1 Russia Automotive Electric Power Steering (EPS) Market by Component
9.2.5.5.2 Russia Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.2.5.6 Rest of Europe Automotive Electric Power Steering (EPS) Market
9.2.5.6.1 Rest of Europe Automotive Electric Power Steering (EPS) Market by Component
9.2.5.6.2 Rest of Europe Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Automotive Electric Power Steering (EPS) Market Overview
9.3.2 Asia-Pacific Automotive Electric Power Steering (EPS) Market Forecasts and Analysis
9.3.3 Asia-Pacific Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Vehicle Type
9.3.5 Asia-Pacific Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Automotive Electric Power Steering (EPS) Market
9.3.5.1.1 Australia Automotive Electric Power Steering (EPS) Market by Component
9.3.5.1.2 Australia Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.3.5.2 China Automotive Electric Power Steering (EPS) Market
9.3.5.2.1 China Automotive Electric Power Steering (EPS) Market by Component
9.3.5.2.2 China Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.3.5.3 India Automotive Electric Power Steering (EPS) Market
9.3.5.3.1 India Automotive Electric Power Steering (EPS) Market by Component
9.3.5.3.2 India Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.3.5.4 Japan Automotive Electric Power Steering (EPS) Market
9.3.5.4.1 Japan Automotive Electric Power Steering (EPS) Market by Component
9.3.5.4.2 Japan Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.3.5.5 South Korea Automotive Electric Power Steering (EPS) Market
9.3.5.5.1 South Korea Automotive Electric Power Steering (EPS) Market by Component
9.3.5.5.2 South Korea Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.3.5.6 Rest of Asia-Pacific Automotive Electric Power Steering (EPS) Market
9.3.5.6.1 Rest of Asia-Pacific Automotive Electric Power Steering (EPS) Market by Component
9.3.5.6.2 Rest of Asia-Pacific Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Automotive Electric Power Steering (EPS) Market Overview
9.4.2 Middle East and Africa Automotive Electric Power Steering (EPS) Market Forecasts and Analysis
9.4.3 Middle East and Africa Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Vehicle Type
9.4.5 Middle East and Africa Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Automotive Electric Power Steering (EPS) Market
9.4.5.1.1 South Africa Automotive Electric Power Steering (EPS) Market by Component
9.4.5.1.2 South Africa Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.4.5.2 Saudi Arabia Automotive Electric Power Steering (EPS) Market
9.4.5.2.1 Saudi Arabia Automotive Electric Power Steering (EPS) Market by Component
9.4.5.2.2 Saudi Arabia Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.4.5.3 U.A.E Automotive Electric Power Steering (EPS) Market
9.4.5.3.1 U.A.E Automotive Electric Power Steering (EPS) Market by Component
9.4.5.3.2 U.A.E Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.4.5.4 Rest of Middle East and Africa Automotive Electric Power Steering (EPS) Market
9.4.5.4.1 Rest of Middle East and Africa Automotive Electric Power Steering (EPS) Market by Component
9.4.5.4.2 Rest of Middle East and Africa Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Automotive Electric Power Steering (EPS) Market Overview
9.5.2 South and Central America Automotive Electric Power Steering (EPS) Market Forecasts and Analysis
9.5.3 South and Central America Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Component
9.5.4 South and Central America Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Vehicle Type
9.5.5 South and Central America Automotive Electric Power Steering (EPS) Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Automotive Electric Power Steering (EPS) Market
9.5.5.1.1 Brazil Automotive Electric Power Steering (EPS) Market by Component
9.5.5.1.2 Brazil Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.5.5.2 Argentina Automotive Electric Power Steering (EPS) Market
9.5.5.2.1 Argentina Automotive Electric Power Steering (EPS) Market by Component
9.5.5.2.2 Argentina Automotive Electric Power Steering (EPS) Market by Vehicle Type
9.5.5.3 Rest of South and Central America Automotive Electric Power Steering (EPS) Market
9.5.5.3.1 Rest of South and Central America Automotive Electric Power Steering (EPS) Market by Component
9.5.5.3.2 Rest of South and Central America Automotive Electric Power Steering (EPS) Market by Vehicle Type

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. AUTOMOTIVE ELECTRIC POWER STEERING (EPS) MARKET, KEY COMPANY PROFILES
11.1. GKN AUTOMOTIVE LIMITED
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HITACHI AUTOMOTIVE SYSTEMS, LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HYUNDAI MOBIS CO., LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. JTEKT CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MITSUBISHI ELECTRIC CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NEXTEER AUTOMOTIVE CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NSK LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ROBERT BOSCH GMBH
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SHOWA CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZF FRIEDRICHSHAFEN AG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.GKN Automotive Limited
2.Hitachi Automotive Systems, Ltd.
3.Hyundai Mobis Co., Ltd.
4.JTEKT Corporation
5.Mitsubishi Electric Corporation
6.Nexteer Automotive Corporation
7.NSK Ltd.
8.Robert Bosch GmbH
9.Showa Corporation
10.ZF Friedrichshafen AG