Press release
Automotive Electric Power Steering (EPS) Market to Reflect Impressive Growth with Incredible CAGR by 2022 | Global leading players (JTEKT, Bosch, NSK, Nexteer, ZF)
Automotive Electric Power Steering (EPS) Market
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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A fundamental in steering growth was the replacement of the belt powered power steering pump with a one. Known as Electrically Power Hydraulic Steering systems types use 25 percent of the power of a system. EPHS is a ZF TRW assisted steering solution which combines benefits of controlled with robust demand steering actuation. ZF TRWs EPHS would be a compact Motor Pump Unit correlated with a traditional rack and pinion power gear. As with some other electrical steering alternatives, EPHS is independent of the combustion motor. The system requires relatively low application development costs a perfect solution for hybrid electric vehicle platforms.
Electric power steering Market growth is influenced by the automobile manufacturing sector and the research &development activities by various automotive firms. Furthermore, safety regulations and increase in the demand of automotive sensors, have led to the emergence of Asia-Pacific as the fastest growing region.
Increase in the number of electric vehicles has propelled the demand of the market while after-sales services rendered for Electric Power Steering parts hinder the growth of the Electric Power Steering market during the forecast period 2018 to 2022.
Key Players:
1 JTEKT
2 Bosch
3 NSK
4 Nexteer
5 ZF
6 Mobis
7 Showa and more...
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Compared with conventional hydraulic power steering, EPHS systems provide a fuel savings of up to 0.3L/100km and a reduction of carbon dioxide emissions of approximately 7g/km. ZF TRW offers different characteristics and power levels of EPHS, which cover A/B segment applications up to software with a maximum rack power of 18kN extending the advantages of electrical steering to bigger vehicles, including SUVs and delivery vans. Popularly known as Electric Power Steering systems, they provide even greater fuel economics potential. Among the major advantages of the Column Drive is its intelligent packaging which can be adapted for a wide range of vehicle applications while still reducing life cycle costs.
Its modular and scalable architecture allows for excellent freedom of packaging and customized design for a wide selection of vehicle applications while reducing life cycle costs. Utilized in more than 26 million passenger vehicles in each area of the world, ZF TRF column guide EPS technology delivers a cost efficient and fuel efficient steering system while being fully capable of 5 NCAP crash requirements. This setup results in lower power and friction for high power applications, and response.
Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Product Types:
1 C-EPS
2 P-EPS
3 R-EPS
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Table of Content:
1 Automotive Electric Power Steering (EPS) Product Definition
2 Global Automotive Electric Power Steering (EPS) Manufacturer Share and Market Overview
3 Manufacturer Automotive Electric Power Steering (EPS) Business Introduction
4 Global Automotive Electric Power Steering (EPS) Market Segmentation (Region Level)
5 Global Automotive Electric Power Steering (EPS) Market Segmentation (Product Type Level)
6 Global Automotive Electric Power Steering (EPS) Market Segmentation (Industry Level)
7 Global Automotive Electric Power Steering (EPS) Market Segmentation (Channel Level)
8 Automotive Electric Power Steering (EPS) Market Forecast 2018-2022
9 Automotive Electric Power Steering (EPS) Segmentation Product Type
10 Automotive Electric Power Steering (EPS) Segmentation Industry
11 Automotive Electric Power Steering (EPS) Cost of Production Analysis
12 Conclusion
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