Electronic Power Steering (EPS) Market Report: Size, Share & Global Growth Trends - Robert Bosch, Delphi, Mitsubishi Electric, and ZF Lenksysteme

DataM Intelligence has published a new research report on "electronic Power steering Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Electronic Power Steering (EPS) is an advanced steering system that replaces traditional hydraulic power steering with an electric motor to assist drivers in steering the vehicle. It uses sensors, electronic control units (ECUs), and an electric motor to provide precise steering assistance based on driving conditions and speed. EPS improves fuel efficiency, reduces maintenance costs, and enhances vehicle safety features such as lane-keeping assist and automated driving systems.

Key Players:

Nexteer, Robert Bosch, Delphi, Mitsubishi Electric, and ZF Lenksysteme.

Growth Forecast Projected:

The Global electronic Power steering Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, 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.

Research Process:

Both primary and secondary data sources have been used in the global electronic Power steering Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

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 for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.

Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.

Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.

Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.

Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.

Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.

Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.

Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.

Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.

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