Press release
[Expert View] Automotive Electric Power Steering EPS Market Expected to Grow as Manufacturers Seek Energy-Efficient Solutions
Automotive Electric Power Steering EPS Market
The global automotive electric power steering (EPS) market size was valued at USD 26.38 billion in 2020 and is projected to reach USD 52.56 billion by 2033, with a CAGR of 7.96% from 2022 to 2033.
The Automotive Electric Power Steering (EPS) Market Size, Scope, and Forecast 2024-2033 report has been added to the Market research collection of Exactitude Consultancy reports. The automotive electric power steering (EPS) market is projected to grow significantly as manufacturers increasingly adopt EPS systems for improved fuel efficiency and enhanced driving experience. EPS provides precise steering control while reducing energy consumption compared to traditional hydraulic systems. The growing trend towards electric vehicles (EVs) drives demand for EPS technologies that contribute to overall vehicle efficiency. Additionally, advancements in EPS designs enhance performance characteristics such as responsiveness and safety.
โ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐ญ๐จ๐๐๐ฒ:
https://exactitudeconsultancy.com/reports/21172/automotive-electric-power-steering-eps-market/#request-a-sample
**๐๐ง ๐๐๐ฌ๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐๐ง๐ฒ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ, ๐ฒ๐จ๐ฎ ๐๐๐ง ๐ฆ๐๐ง๐ญ๐ข๐จ๐ง ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐. ๐๐ ๐๐๐ง ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐ก๐ ๐๐ฑ๐๐๐ญ ๐ง๐๐๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฅ๐ข๐๐ง๐ญ**.
What is New Additions in 2024?
Detailed industry outlook
Additional information on company players
Customized report and analyst support on request
Recent market developments and it's futuristic growth opportunities
Customized regional/country reports as per request
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐๐ฅ๐ฎ๐๐: DENSO Corporation, Robert Bosch GmbH, Sona Koyo Steering Systems Ltd., ZF Friedrichshafen AG, JTEKT Corporation, NSK Ltd., Delphi Technologies, SHOWA Corporation, Hyundai Mobis, Mitsubishi Electric Corporation, Thyssenkrupp Business Area Components Technology, Mando Corp., Global Steering Systems, TRIDEC, Hitachi Astemo and other.
Industry Developments:
March 22, 2023 - Delphi Technologies expanded their braking offering with the introduction of premium Bi-metallic brake discs.
March 14, 2023 - NSK Ltd. and the Tokyo University of Technology have agreed to collaborate on the establishment of a tribology research centre.
The project scope, production, manufacturing value, profit/loss, and supply-demand dynamics are comprehensively detailed. The market research further predicts growth patterns for the Automotive Electric Power Steering (EPS) market in Distribution Units. Additionally, it provides insights into strategic partnerships, including feasibility analysis, SWOT analysis, and return on investment evaluation.
The Global Automotive Electric Power Steering (EPS) Market segments and Market Data Break Down are illuminated below:
Automotive Electric Power Steering (EPS) Market by Product Type
Column Type
Pinion Type
Automotive Electric Power Steering (EPS) Market by Sales Channel
OEM
Aftermarket
Automotive Electric Power Steering (EPS) Market by Vehicle Type
Passenger Car
Commercial Vehicle
โ ๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐๐ ๐ ๐ข๐ ๐ฎ๐ซ๐:
https://exactitudeconsultancy.com/reports/21172/automotive-electric-power-steering-eps-market/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
Rะตgัะพn-wััะต ัะตgmะตntะฐtัะพn in the Global Automotive Electric Power Steering (EPS) Market ัnัludะตั the claims to split the regional scope of the market, which among these regions has been touted to amass the largest market share over the anticipated duration
North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ
Executive Summary
Automotive Electric Power Steering (EPS) Market Introduction
Market Dynamics (Drivers, Restraints, Opportunities, Challenges)
Industry Analysis (Value Chain, Porter's Five Forces, PESTLE)
Market Segmentation (By Type, Application, Region)
Regional Analysis (North America, Europe, APAC, etc.)
Competitive Landscape (Market Share, Key Players, Strategies)
Market Forecast and Trends
Recommendations
Appendix (Glossary, Methodology, Sources)
๐๐จ๐ซ๐ญ๐๐ซ'๐ฌ ๐ ๐ข๐ฏ๐ ๐ ๐จ๐ซ๐๐๐ฌ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐๐ก๐ซ๐๐๐ญ ๐จ๐ ๐๐๐ฐ ๐๐ง๐ญ๐ซ๐๐ง๐ญ๐ฌ
Barriers to entry: Capital investment, economies of scale, regulatory compliance.
Brand loyalty and switching costs for existing players.
๐๐๐ซ๐ ๐๐ข๐ง๐ข๐ง๐ ๐๐จ๐ฐ๐๐ซ ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐ข๐๐ซ๐ฌ
Number of suppliers and their concentration.
Dependence on supplier inputs and cost sensitivity.
๐๐๐ซ๐ ๐๐ข๐ง๐ข๐ง๐ ๐๐จ๐ฐ๐๐ซ ๐จ๐ ๐๐ฎ๐ฒ๐๐ซ๐ฌ
Buyer concentration and switching options.
Price sensitivity and demand for customization.
๐๐ก๐ซ๐๐๐ญ ๐จ๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ
Availability and attractiveness of alternative solutions.
Switching costs for buyers.
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ข๐ฏ๐๐ฅ๐ซ๐ฒ
Intensity of competition among existing players.
Market growth rate and differentiation strategies.
๐๐ฎ๐ซ ๐ญ๐๐๐ฆ ๐ข๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐/๐ ๐ญ๐จ ๐๐ฌ๐ฌ๐ข๐ฌ๐ญ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ซ๐๐ฅ๐ข๐๐๐ฅ๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก.
Can I modify the scope of the report and customize it to suit my requirements?
Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
- country-level analysis for the 5 countries of your choice.
- competitive analysis of 5 key market players.
- 40 free analyst hours to cover any other data point.
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ!
https://www.theasiagazette.com/article/725030227-3d-printed-meat-market-analysis-demand-status-and-outlook-2024-2033-exactitude-consultancy
https://www.virginiabusinessbulletin.com/article/723316358-automotive-suspension-system-market-size-worth-75-62-billion-by-2033-latest-report-by-exactitude-consultancy
https://www.bruneibusinessnetwork.com/article/726540375-engineered-foam-market-is-expected-to-grow-at-8-9-cagr-from-2024-to-2033-exactitude-consultancy
https://www.businessinsidernorthcarolina.com/article/728621293-3d-semiconductor-packaging-market-outlook-report-2024-report-which-provides-an-in-depth-analysis-based-on-regions-applications-exactitude
https://www.asiapacificherald.com/article/730630031-3d-modeling-market-is-expected-to-be-valued-at-usd-13-32-billion-by-2033-exactitude-consultancy
https://www.mongoliabusinessdigest.com/article/731294842-rf-probe-card-market-is-expected-to-be-valued-at-usd-4-360-97-million-by-2033-exactitude-consultancy
https://smb.clantonadvertiser.com/article/Protective-Gloves-Market-is-expected-to-be-valued-at-USD-4104-billion-by-2033-or-Exactitude-Consultancy?storyId=66ac99e1709b0518e44749bd
https://banking.einnews.com/pr_news/734007022/electric-vehicle-adhesives-market-is-expected-to-be-valued-at-usd-17-05-billion-by-2033-exactitude-consultancy
https://www.naurubusinessjournal.com/article/736775084-air-fryer-market-is-expected-to-be-valued-at-usd-2-84-billion-by-2033-exactitude-consultancy
https://www.latinamericabusinesstoday.com/article/738908229-wind-turbine-composites-material-market-growth-from-usd-14-89-billion-in-2023-to-usd-23-11-billion-by-2033-driven-by-a-4-49-cagr
https://www.thebusinessgazetteonline.com/article/744807655-polymer-foam-market-is-projected-to-grow-at-a-cagr-of-5-4-from-2024-to-2031-exactitude-consultancy.
๐๐ข๐ฌ๐ข๐ญ ๐๐จ๐ซ๐ ๐๐ข๐ญ๐๐ฌ:
https://bulletin.exactitudeconsultancy.com/
https://www.thehealthanalytics.com/
https://www.analytica.global/
https://www.marketintelligencedata.com/
https://www.marketinsightsreports.com/
https://exactitudeconsultancy.com/
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
๐๐๐๐ข๐ ๐๐จ๐ง๐ญ๐๐๐ญ:
Exactitude Consultancy
PHONE NUMBER:ย +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 [Expert View] Automotive Electric Power Steering EPS Market Expected to Grow as Manufacturers Seek Energy-Efficient Solutions here
News-ID: 3781045 • Views: โฆ
More Releases from Exactitude Consultancy
Vacuum Insulated Pipe Market Projected to Reach USD 2.36 Billion by 2034
Introduction: A Market Built on Cryogenic Efficiency and Innovation
The global Vacuum Insulated Pipe (VIP) market is witnessing a steady surge driven by the expanding cryogenic industry, increased liquefied natural gas (LNG) trade, and rising demand for efficient liquid gas transportation systems. These specialized double-wall pipes, engineered with high vacuum insulation between inner and outer layers, have become indispensable in industries handling cryogenic fluids such as liquid nitrogen, oxygen, argon, andโฆ
Solar PV Mounting Systems Market is Expected to Reach USD 31.7 Billion by 2034
Introduction: Powering the Next Decade of Solar Expansion
The Solar PV Mounting Systems Market is emerging as a crucial pillar in the clean energy revolution, enabling efficient, cost-effective, and durable installations of photovoltaic (PV) modules across rooftops, open fields, and floating structures. As the world accelerates toward carbon neutrality, the demand for robust, modular, and adaptable mounting systems has intensified across residential, commercial, and utility-scale solar projects.
Download Full PDF Sample Copyโฆ
Tall Oil Fatty Acid Market projected to reach USD 2.21 billion by 2034
Introduction: A Sustainable Feedstock Powering the Future of Bio-based Chemicals
The Tall Oil Fatty Acid (TOFA) Market is gaining strong traction as industries increasingly shift toward renewable, sustainable, and bio-based chemical alternatives. Derived as a byproduct from the kraft pulping process of pine wood, TOFA has become a vital raw material in the production of alkyd resins, dimer acids, lubricants, coatings, and adhesives. Its unique composition-rich in oleic and linoleic acids-makesโฆ
Lithium-Ion Battery Recycling Market Projected to Reach USD 27.3 Billion by 2034
Introduction: Powering the Circular Energy Transition
As the world accelerates toward electrification and clean energy, the demand for lithium-ion batteries has skyrocketed-fueling everything from electric vehicles (EVs) to smartphones and grid storage systems. However, this exponential growth brings with it an urgent environmental challenge: how to sustainably manage end-of-life batteries.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/25354
The Lithium-Ion Battery Recycling Market has emerged as a cornerstone of the globalโฆ
More Releases for EPS
Single-Pinion EPS & Dual-Pinion EPS Market Size and Growth Forecast by Applicati โฆ
USA, New Jersey- According to Market Research Intellect, the global Single-Pinion EPS & Dual-Pinion EPS market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for single-pinion and dual-pinion electric power steering (EPS) systems is expanding due to the increasing demand for fuel-efficient and advancedโฆ
Single-Pinion EPS & Dual-Pinion EPS Market Trends and Forecast Report 2022 | By โฆ
The QY Research released a latest market research report on the global and United States Single-Pinion EPS & Dual-Pinion EPSย 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 EPSย 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 forecastโฆ
Electronic Power Steering (EPS) Market Forecast to 2027 - COVID-19 Impact and Gl โฆ
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 @ www.theinsightpartners.com/sample/TIPTE100000331/?utm_source=openpr&utm_medium=10387
Major Players in the market are: Hyundai Mobis, JTEKT Corporation, Mitsubishi Electric Corporation, Nexteer Automotive, NSK Ltd., Robert Bosch GmbH,โฆ
Light Commercial Vehicle EPS Market Forecast to 2028 - Covid-19 Impact and Globa โฆ
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 @ www.theinsightpartners.com/sample/TIPTE100000676/?utm_source=OpenPR&utm_medium=10387
Major Players in the market are: JTEKT Corporation., Robert Bosch GmbH, NSK Ltd., ZF Friedrichshafen AG, Nexteer Automotive, Hyundai Mobis Co.,โฆ
Global Power Assisted Steering PAS Market By Type (C-EPS, P-EPS, R-EPS) By Appli โฆ
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 trendingโฆ
eps - around the World with Lady Gaga
Infrastructure service provider on tour
Since early 2012, infrastructure service provider eps has been on a world tour with one of the most popular and innovative performers of our time: Lady Gaga and her โBorn This Way Ballโ.
eps tour equipment
At the request of promoter Live Nation Global Touring, eps provided a variety of equipment: GIGS stage barricades with special elements for unique configurations, turf protection systems like Terraplas, Supa-Trac and Rollaway,โฆ
