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What's driving the Electric Power Steering Market Growth? Delphi, Federal Mogul, ZF Group, GKN, Hyundai Mobis, Jtekt, Mitsubishi Electric, Nexteer, NSK, Robert Bosch, Showa Corporation, Thyssenkrupp

07-01-2019 11:18 AM CET | Industry, Real Estate & Construction

Press release from: Verified Market Research

Electric Power Steering Market

Electric Power Steering Market

The Global Electric Power Steering Market was valued at USD 26.51 Billion in 2018 and is projected to reach USD 42.12 Billion by 2026, growing at a CAGR of 5.96% from 2019 to 2026.

Electrically assisted steering systems, also known as Electric Power Steering (EPS) are entirely dispensed with hydraulic fluid. These steering systems are called electric power steering because the steering movement is assisted by an electric motor. Electric power steering (EPS) is a variant for which the additional steering torque on the steering column is transferred to the steering shaft through a worm gear transmission. Such systems are used in smaller vehicles where the engine compartment has little room available. Because of its wide-ranging advantages over conventional hydraulic power steering, electro-hydraulic and electrical power steering (“EPS”) systems are increasingly being favored.

Verified Market Research has recently added a concise research on the Electric Power Steering market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline.

The Global Electric Power Steering Market research report also provides an overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the Electric Power Steering Market along with industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.

It also cover-up forecast and analysis for Electric Power Steering market size by analyzing historical data and future prospect. This report target Electric Power Steering volume and value at global level, regional and company level. The report analyses Electric Power Steering market on the basis of its attractiveness and investment feasibility. It additionally presents a correct description of each section and emerging industry trends. This will allow the readers to analyze manufacturing cost analysis, marketing channel, distributors and customers, market dynamics of Electric Power Steering market. Electric Power Steering report target market product specifications, current competitive players in Electric Power Steering market and the market revenue with profitability.

Get | Download Sample Copy @ https://www.verifiedmarketresearch.com/download-sample/?rid=8578&utm_source=OPR&utm_medium=PK

The Major Key Players in the Market are as follows:

• Delphi
• Federal Mogul
• GKN
• Hyundai Mobis
• Jtekt
• Mitsubishi Electric
• Nexteer
• NSK
• Robert Bosch
• Showa Corporation
• Thyssenkrupp
• ZF

Global Electric Power Steering Market, By Type

• R-EPS
• P-EPS
• C-EPS

Global Electric Power Steering Market, By Component

• Overview
• Sensor
• Steering Column
• Steering Motor
• Other Components

Global Electric Power Steering Market, By Electric Motor Type

• Overview
• Brushless DC Motors
• Brushed DC Motors

Global Electric Power Steering Market, By Vehicle Type
• Overview
• Commercial Vehicles
• Passenger Cars

Global Electric Power Steering Market, By Mechanism

• Overview
• Rigid EPS
• Collapsible EPS

Global Electric Power Steering Market Geographic Scope

• North America
o U.S.
o Canada
o Mexico

• Europe
o Germany
o UK
o France
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific

• Latin America
o Brazil

• Rest of the World

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The report uses SWOT analysis for the growth assessment of the outstanding Electric Power Steering Market players. It also analyzes the most recent enhancements while estimating the expansion of the foremost Market players. It offers valuable information such as product offerings, revenue segmentation, and a business report of the commanding players in the Electric Power Steering Market.

Table Of Content

1 Introduction Of The Global Electric Power Steering
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Electric Power Steering Outlook
5 The Global Electric Power Steering, By Systems
6 The Global Electric Power Steering, By Service
7 The Global Electric Power Steering, By Verticals
8 The Global Electric Power Steering, By Applications
9 The Global Electric Power Steering, By Geography
10 The Global Electric Power Steering Competitive Landscape

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

Complete Report is Available @ https://www.verifiedmarketresearch.com/product/global-geographic-information-system-gis-market-size-and-forecast-to-2025/?utm_source=OPR&utm_medium=PK

Contact Us:
Mr. Edwyne Fernandes
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com

About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.

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