Press release
Automotive Electric Power Steering (EPS) Market Expand with Significant CAGR During 2019-2025
Automotive Electric Power Steering,24 Market Reports, Automotive Electric Power Steering CAGR, Automotive Electric Power Steering
NSK Ltd, a Japanese Company has designed the world’s lightest column type Electric Power Steering (EPS), which will contribute to increased fuel efficiency in automobiles.
The simple EPS design compared to hydraulic steering systems, with advantages such as lesser weight, low maintenance, a better response at different speeds, high durability, and lesser fuel consumption, has fuelled the adoption of EPS over hydraulic systems, in turn, driving the market for automotive electric power steering systems. Erratic fuel prices and safety features, such as electronic stability control and ABS integrated with electronic steering systems, are some other factors fuelling demand in this market.
The global Automotive Electric Power Steering (EPS) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Automotive Electric Power Steering (EPS) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Electric Power Steering (EPS) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
Get FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-automotive-electric-power-steering-2019-124
The following manufacturers are covered:
JTEKT
Bosch
NSK
Nexteer
ZF
Mobis
Showa
Thyssenkrupp
Mando
Segment by Regions
North America
Europe
China
Japan
Segment by Type
C-EPS
P-EPS
R-EPS
Segment by Application
Passenger Vehicle
Commercial Vehicle
Get the Complete Report & TOC at https://www.24marketreports.com/automotive-and-transportation/global-automotive-electric-power-steering-2019-124
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