Press release
Automotive Electric Power Steering (EPS) Market Latest Innovations, Drivers and Industry Status 2021 to 2026| Infineon Technologies AG, JTEKT Corporation, ZF Friedrichshafen AG, Robert Bosch GmbH, Nexteer Automotive
This report studies the Automotive Electric Power Steering (EPS) market in many aspects of the industry such as market size, market conditions, market trends and forecasts, and the report also provides brief information on competitors and specific growth opportunities with key market drivers. To provide, find complete Automotive Electric Power Steering (EPS) market analysis segmented by company, region, type and application in the report.The report provides regional analysis and valuable insights into the progress of the Automotive Electric Power Steering (EPS) market and approaches related to the Automotive Electric Power Steering (EPS) market. The report talks about the dominant aspects of the market and examines each segment.
The automotive electric power steering (EPS) market is expected to project a CAGR of over 11.5%, during the forecast period 2020 - 2025.
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Top Companies in the Automotive Electric Power Steering (EPS) Market- Nexteer Automotive, Infineon Technologies AG, JTEKT Corporation, ZF Friedrichshafen AG, Robert Bosch GmbH, DENSO Corporation, NSK Ltd, Hitachi Automotive Systems Ltd, Mitsubishi Electric Corporation, Hyundai Mobis Co Ltd, GKN plc (Melrose Industries PLC), Thyssenkrupp Mitsubishi Electric Corporation, Huhei Henglong Auto System Group and other.
(Exclusive Offer: Flat 20% discount on this report)
Company Profile
Business Segments Analysis
Financial Analysis
SWOT analysis & Porter’s Five Forces Analysis
Possible Impact of COVID- 19 on Latest Market Conditions (Drivers, Restraints, Trends and Opportunities)
Industry News and Updates:
The steering motors segment was valued at USD 6.38 billion in 2018 and is expected to witness the fastest growth rate during the forecast period.
The major difference between hydraulic power steering and electric power steering is the steering motor. An electric motor is placed in the EPS, which eliminates the use of fluid and other hydraulic components of hydraulic power steering, thus, eliminating power steering leaks, as well as reducing the overall weight.
This motor is either mounted on the steering column, the rack, or at the pinion shaft, and increases fuel economy by up to 2%, over conventional systems. The EPS is powered by an electric motor, and is not dependent on the engine for its power source. Hence, the steering experience is not affected when the engine is shut off.
Key Market Trends:
Some of the major players in the market are JTEKT Corporation, ZF Friedrichshafen AG, NSK Ltd., Nexteer Automotive Group Ltd, Robert Bosch Gmbh, and Hitachi Automotive Systems.
The global automotive electric power steering (EPS) market is competitive, with few players holding a major share in the market.
Read Full Automotive Electric Power Steering (EPS) Market Report (Description, TOC, List of Tables & Figures, and Many More) at:
https://www.marketinsightsreports.com/reports/04061950715/automotive-electric-power-steering-eps-market-growth-trends-and-forecast-2020-2025?Mode=126
Geographic Coverage-
The report contains detailed country-level analysis, market revenue, market value and forecast analysis of ingestion, revenue and Automotive Electric Power Steering (EPS) Market share, growth speed, historical and forecast (2015-2026) of these regions are covered:
-North America (the United States, Canada, and Mexico)
-Europe (Germany, France, UK, Russia, and Italy)
-Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
-South America (Brazil, Argentina, etc.)
-Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
The current market situations and prospects of the sector also have been examined. Additionally, prime strategical activities in the market, which include product developments, mergers, and acquisitions, partnerships, etc., are discussed. Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.)
Major Points Covered in Table of Contents:
– Overview of Automotive Electric Power Steering (EPS) Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference
Key Questions Answered by Automotive Electric Power Steering (EPS) Market Report
What was the Automotive Electric Power Steering (EPS) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2026).
What will be the CAGR of Automotive Electric Power Steering (EPS) Market during the forecast period (2021-2026)?
Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2026).
Which manufacturer/vendor/players in the Automotive Electric Power Steering (EPS) Market was the market leader in 2020?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market. Market will experience a noticeable growth during the forecast period 2021-2026
We additionally offer customization on reports based on customer necessity:
1- Free Country-level analysis for any 5 countries of your choice.
2- Free Competitive analysis of any 5 key market players.
3- Free 40 analyst hours to cover any other data points.
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Irfan Tamboli (Head of Sales) – MarketInsightsReports
Phone: + 1704 266 3234 | +91-20-412 512 12
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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