Press release
Automotive Electric Power Steering Market Insights, Trends, Forecast and Key Players - JTEKT Corporation, DENSO Corporation, ZF Friedrichshafen, GKN, Robert Bosch, NSK
The growth of the market during the forecast period is driven and boosted by improving trends and increasing market conditions. However, due to the effects of COVID -19, the market slowed down in 2020, but the market is expected to rebound in later half of 2021.
Automotive Electric Power Steering Market Introduction Scope
Some of the segments of the market include type, application and geography. Many of the segments are bi-furcated further into their sub-segments. Europe, Asia Pacific, North America and the rest of the world (RoW) is segmented under geography. They have further segmented these major geographies into their leading countries with strong market prospects. Market size and forecast analysis have been provided for the segments and sub-segments from 2020 to 2027.
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Automotive Electric Power Steering Market Introduction, Key Trends & Dynamics
The growth of the market during the forecast period is driven and boosted by improving trends and increasing market conditions. However, due to the effects of COVID -19, the market slowed down in 2020, but the market is expected to rebound by end of 2021. The COVID -19 pandemic hit the entire market in 2020 and this scenario is predicted to rebound by the latter half of 2021, as the first half will still have an effect to some degree. The covered segments are by type, component, application and geography. Asia Pacific, North America, Europe and the Rest of the World (RoW) are categorized under geography. These market regions are further divided into potential countries, and these countries have been minutely analyzed and the main trends affecting these markets have been listed.
Regional Coverage of Automotive Electric Power Steering Market
• U.S., Canada and Mexico are included under the region North America
• France, Germany, Russia, Italy, UK, Others are covered under the region Europe
• Taiwan, Singapore, Japan, India, South Korea, China, Others are covered under the region Asia Pacific
• Central America, Middle East, South America, Africa are covered under the region Rest of the World (RoW)
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Top 10 Players of the Automotive Electric Power Steering Market
• JTEKT Corporation
• DENSO Corporation
• Sona Koyo Steering Systems Ltd.
• ZF Friedrichshafen AG
• GKN plc.
• Robert Bosch GmbH
• NSK Ltd.
• Mitsubishi Electric Corporation
• China Automotive Systems, Inc.
• Delphi Technologies
• Hyundai Mobis
• Thyssenkrupp Business Area Components Technology
• SHOWA Corporation
• Mando Corp.
• Global Steering Systems
• Zhejiang Shibao Company Limited
• TRIDEC
• Hitachi Automotive Systems.
COVID -19 Impact Analysis
The market has been affected by COVID -19 and so in this section we have covered the impact of these pandemic in this study.
Table of Content
Customization can be availed on Request:
Part 1 : Introduction and Scope
Part 2 : Key Company Profiles
Part 3 : Market by type, application and geography
Part 4 : Asia Pacific region
Part 5 : Europe region
Part 6 : Asia Pacific region
Part 7 : North America region
Part 8 : Middle East and Africa region
Part 9 : Key structures of the market
Part 10 : Market Trends
Part 11 : Strategies
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Key Pointers of the Report
• Data triangulation method has been implemented to better understand the market scenario
• Market size have been covered from 2020 to 2027
• Supply and demand mapping have been done
• Short term, medium term and long-term impact analysis provided
• The Market Segments Covered: Geography, Application, Type, Product
• Strategies to be Adopted
Some added Key Points of the Report:
Market Attractiveness Analysis, Porter’s Five Analysis, PEST Analysis, SWOT Analysis, and Value Chain Analysis, and are some of the added key points mentioned under the scope of the report.
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• 20% discount on 2nd report
• 1 Year consultation and 10 % free customization
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Market Scenario
Steering is the connection point between car and driver. It provides control and the feel of the road and plays a key role in the vehicle’s…
