Press release
Electronic Power Steering Market Statistical Forecast, Trade Analysis 2024 - Robert Bosch, Delphi, Hyundai Mobis, GKN
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The Electronic Power Steering market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Electronic power steering (EPS) is a modern steering system that uses electric motors to assist in steering the vehicle, replacing traditional hydraulic systems. It provides precise control and adjusts the level of steering assistance based on vehicle speed and driving conditions. EPS improves fuel efficiency by eliminating the need for a hydraulic pump and offers customizable steering feel for enhanced driving comfort and safety.
Forecast Growth Projected:
The Global Electronic Power Steering Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Electronic Power Steering Market:
Robert Bosch, Delphi, Hyundai Mobis, GKN, Federal-Mogul, ZF Friedrichshafen, Mitsubishi Electric, TRW Automotive, Nexteer, ATS Automation Tooling Systems
Segment Covered in the Electronic Power Steering Market:
By Vehicle Type: Passenger Cars, Commercial Vehicles (Light Commercial Vehicles, Heavy Commercial vehicles)), By Component (Steering Column, Steering Vehicle, Sensors, Electronic Control Unit, Electric motor, and bearings
By Steering Type: Column assisted electronic power steering(C-EPS), Pinion assisted electronic power steering (P-EPS), Rack assisted power steering system (R-EPS), Electronic hydraulic power steering (EHPS)
Regional Analysis:
The global Electronic Power Steering Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Electronic Power Steering Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Electronic Power Steering Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Electronic Power Steering manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Electronic Power Steering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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