openPR Logo
Press release

Electric Power Steering (EPS) Sensor Market Segments, Top Key Players, Drivers And Trends 2022

Electric Power Steering (EPS) Sensor Market Segments, Top Key

According to Precision Business Insights (PBI), the latest report, electric power steering (eps) sensor market size is expected to be valued at USD 15.2 billion in 2022 which is expected to grow at a CAGR of 7.3% over 2022-2028. The primary factors that drive the market are the increase in vehicle production and a rise in the number of accidents.

View the detailed report description here -

Passenger Vehicle to Dominate the Electric Power Steering (EPS) Sensor Market:
Based on vehicle type, passenger vehicle holds the highest market share. The major factor for the rise of this segment is the increasing popularity of passenger cars as the main mode of transportation around the world. Most of the passenger vehicles are sports and cars utility vehicles. Most passenger cars internationally are armed with EPS technology, and this technology is predicted to be used in affordable passenger cars. These factors and development can drive the global electric power steering (EPS) sensor market growth.

Asia Pacific Electric Power Steering (EPS) Sensor Market:
The Asia Pacific leads the global electric power steering (EPS) sensor market growth due to widespread manufacturing of automobiles in South Korea, Japan, and China and substantial investment in new vehicle technologies. Japan has the presence of many other leading producers of steering systems, like NSK, and Mitsubishi Electric. Moreover, the increasing growth of automobile production has also been attributed to the growth of the market. The Asia Pacific market includes China, India, South Korea, and Japan.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global electric power steering (EPS) sensor market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. In October 2020, BorgWarner acquired Delphi Technologies to strengthen power electronics product portfolio. In May 2020, ZF Friedrichshafen AG acquired WABCO to form global integrated systems for commercial vehicle technology.

Request sample report at

The electric power steering (EPS) sensor market is segmented based on product type, vehicle type, distribution channel, and region:
Based on the product type, the market is segmented into the following:
• Speed Sensor
• Steering Torque Sensor
• Steering Wheel Position Sensor

Based on the vehicle type, the market is segmented into the following:
• Passenger Vehicle
• Commercial Vehicle (LCV, HCV)

Based on the distribution channel type, the market is segmented into the following:
• Aftermarket

Based on the region, the market is segmented into the following:
• Asia Pacific
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Request sample report at

Key players' profiles in the electric power steering (eps) sensor market report are Rober, Bosch GmbH, HELLA GmbH & Co. KgaA, DENSO Corporation, Valeo, Continental AG, Infineon Technologies AG, Sensata Technologies, TT Electronics, NXP Semiconductors, and Asahi Kasei Corporation Inc.

Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Electric Power Steering (EPS) Sensor Market Segments, Top Key Players, Drivers And Trends 2022 here

News-ID: 2756122 • Views: 306

More Releases from Precision Business Insights

Feed Premix Market Growth Opportunities 2022-2028
The global feed premix market size was valued at USD 23,182.1 million in 2021 and is poised to grow at a significant CAGR of 6.3% over 2022-2028. A feed premix is a combination of different complex substances like vitamins, minerals, and amino acids. The feed premix should contain two or more of these substances. These feed premixes provide animals with a direct source of nutrients and aid in providing them
Magnesium Stearate Market Size, Growth Strategies 2022-28
The global magnesium stearate market size is expected to reach USD 2,307.3 million by 2028, at a CAGR of 5.4% during the forecast period 2022-2028. Magnesium stearate is described as a white, water-insoluble powder made of salt having one magnesium cation and two equivalents of stearate. Magnesium stearate has many benefits, including improving the uniformity and quality control of prescription capsules, being used as filler in solid dosage forms, and
Wireless Communication Market Size, Industry Share | Forecast 2028
The global wireless communication market size is expected to reach a value of USD 426.42 billion by 2028, growing at a CAGR of 11.8% during the forecast period 2022 to 2028. The wireless transmission or reception of electromagnetic signals is referred to as wireless telecommunication services. It comprises data transfer or telecommunication in which electromagnetic waves, rather than wires or cables, transport signals along all or a portion of the
Wearable Injectors Market Insights, Trends Forecast 2022-28
The global wearable injectors market size is expected to reach USD 13.62 billion by 2028, at a CAGR of 12.0% during the forecast period 2022-2028. Wearable injectors, sometimes known as patch pumps, are small drug delivery systems intended to administer medications continuously for extended periods of time. To quickly and safely administer viscous medications in large quantities via the body's subcutaneous tissues, they are placed briefly on the skin. The

All 5 Releases

More Releases for EPS

Single-Pinion EPS & Dual-Pinion EPS Market Trends and Forecast Report 2022 | By …
The QY Research released a latest market research report on the global and United States Single-Pinion EPS & Dual-Pinion EPS market, which is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Single-Pinion EPS & Dual-Pinion EPS market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast
Electronic Power Steering (EPS) Market Forecast to 2027 - COVID-19 Impact and Gl …
In terms of revenue, the global electronic power steering market was valued at US$ 52.6 billion in 2019 and is projected to reach US$ 54.9 billion by 2027; it is expected to grow at a CAGR of 3.6% during the forecast period from 2020 to 2027. Download PDF Sample Copy @ Major Players in the market are: Hyundai Mobis, JTEKT Corporation, Mitsubishi Electric Corporation, Nexteer Automotive, NSK Ltd., Robert Bosch GmbH,
Light Commercial Vehicle EPS Market Forecast to 2028 - Covid-19 Impact and Globa …
Electric Power Steering (EPS) is the latest technology in the field of Automobile industry. Compared to the traditional steering system, EPS enhance the driving experience for car drivers and also increases the fuel efficiency. Many car manufacturing companies are offering EPS technology in their cars. Download PDF Sample Copy @ Major Players in the market are: JTEKT Corporation., Robert Bosch GmbH, NSK Ltd., ZF Friedrichshafen AG, Nexteer Automotive, Hyundai Mobis Co.,
Global Power Assisted Steering PAS Market By Type (C-EPS, P-EPS, R-EPS) By Appli …
The Global Power Assisted Steering PAS Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Power Assisted Steering PAS Market report aims to provide an overview of Power Assisted Steering PAS Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending
Automotive Electric Power Steering Systems Market Report 2018: Segmentation by P …
Global Automotive Electric Power Steering Systems market research report provides company profile for Nexteer, ZF, Mobis, Showa, Thyssenkrupp, Mando, JTEKT, Bosch, NSK and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also
Global EPS Geofoams Market 2018 - Atlas EPS, Expol, FMI-EPS, VersaTech
The statistical surveying information incorporated into the EPS Geofoams report is the aftereffect of significant essential and optional research exercises. The report fragments the worldwide market for EPS Geofoams based on makers, item compose, applications, and Region. In this report, each fragment is contemplated completely and measurements are introduced in detail. The report offers an exact outline of the worldwide EPS Geofoams advertise covering key factors, for example, drivers and