Electric Steering Market Global Research Report 2017 Analysis & Forecast to 2022
Electric steering Market 2017
Summary:
Global Electric steering Market Information by Type (Column Assist Electric Power Steering (C-EPS)), Pinion Assist Electric Power Steering (P-EPS), Rack Assist Electric Power Steering (R-EPS), and Others), by Vehicle Type (Passenger Car and Commercial Vehicle), by Region - Forecast to 2022
Key Players:
The prominent players in the Electric steering Market include -
- JTEKT Corporation
- Robert Bosch Automotive Steering GmbH
- ZF TRW Automotive Holdings Corp.
- NSK Ltd.
- Nexteer Automotive Group Limited
- Mando Corporation
- ThyssenKrupp Ag
- Hyundai Mobis Co.Ltd.
- Showa Corporation
- China Automotive Systems Inc
The global electric steering market is expected to show a growth at CAGR of about 15% from 2016 to 2021.
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Market Scenario
Electric steering is increasing replacing hydraulic steering’s in the automotive industry. Usage of electric steering will improve the fuel economy because electric steering uses around 8-10 horsepower under load. Electric powered steering uses electric motor instead and provides increased steering capabilities with less effort, as it removes hose, fluid, drive belt, pulley, and pump. Growth in the improved steering & reliability, and high fuel efficiency of electric steering over hydraulic steering systems is expected to drive the market of electric steering.
Study Objectives of Global Electric steering Market
- To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global Electric steering market
- To provide insights about factors affecting the market growth
- To analyze the global Electric steering market based on various factors such as supply chain analysis, and Porter’s five forces analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries - North America, Europe, Asia-Pacific, and ROW.
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by type, vehicle type and region.
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global electric steering market
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Table of Contents
- REPORT PROLOGUE
- INTRODUCTION
- RESEARCH METHODOLOGY
- MARKET DYNAMICS
- ELECTRIC STEERING MARKET, BY TYPE
- ELECTRIC STEERING MARKET, BY VEHICLE TYPE
- ELECTRIC STEERING MARKET, BY REGION
- COMPANY LANDSCAPE
- COMPANY PROFILE
- MRFR CONCLUSION
- APPENDIX
Continued…….
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