Automotive Electronic Power Steering Market Growth 2019-2024
Automotive Electronic Power Steering is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.Geographically, the global Automotive Electronic Power Steering market has been segmented into North America, Europe, China, Japan & Kore and other. The Europe held the largest share in the global market, its revenue of global market exceeds 29% in 2018. The next is Europe.
According to this study, over the next five years the Automotive Electronic Power Steering market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 31400 million by 2024, from US$ 22300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Electronic Power Steering business, shared in Chapter 3.
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This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electronic Power Steering market by product type, application, key manufacturers and key regions and countries.This study considers the Automotive Electronic Power Steering value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- C-EPS
- P-EPS
- R-EPS
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Passenger Vehicle
- Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- JTEKT
- Bosch
- Nexteer Automobile
- ZF
- NSK
- Mobis
- Showa
- Thyssenkrupp
- Mando
- CAAS
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Automotive Electronic Power Steering consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Automotive Electronic Power Steering market by identifying its various subsegments.
- Focuses on the key global Automotive Electronic Power Steering manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Automotive Electronic Power Steering with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Automotive Electronic Power Steering submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of content
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive Electronic Power Steering Consumption 2014–2024
2.1.2 Automotive Electronic Power Steering Consumption CAGR by Region
2.2 Automotive Electronic Power Steering Segment by Type
3 Global Automotive Electronic Power Steering by Players
3.1 Global Automotive Electronic Power Steering Sales Market Share by Players
3.1.1 Global Automotive Electronic Power Steering Sales by Players (2017–2019)
3.1.2 Global Automotive Electronic Power Steering Sales Market Share by Players (2017–2019)
Key Que Answered in this report:
- What will the Automotive Electronic Power Steering Market?
- What are the key factors driving the Global Automotive Electronic Power Steering Market?
- What are the key market trends in the Automotive Electronic Power Steering Market?
- improve pasting the growth of these Automotive Electronic Power Steering Market?
- What are the challenges to the Automotive Electronic Power Steering Market?
- What are the market opportunities and threats faced by the vendors in the Global Automotive Electronic Power Steering Market?
- What are the key outcomes of the five forces analysis of the Automotive Electronic Power Steering Market?
What is our report offers:
Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments
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