Global Electric Power Steering (EPS) System Market Assessment, By Component [Steering Column, Sensor, Pinion and Rack, ECU, Electric Motor, Others], By Vehicle Type [Passenger Cars, Commercial Vehicles], By Electric Motor Type [Brushed DC Motor, Brushless DC Motor], By Type [C-EPS, P-EPS, R-EPS], By Mechanism [Collapsible EPS, Rigid EPS), By Region, Opportunities and Forecast, 2017-2031F
Technological advancements, increased demand for comfort, and autonomous vehicle demand are anticipated to propel global electric power steering (EPS) system market growth during the forecast period.
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Global electric power steering (EPS) market is projected to witness a CAGR of 6.96% during the forecast period 2024-2031, growing from USD 23.82 billion in 2023 to USD 40.81 billion in 2031. Electric power steering (EPS) integrates an electric motor to aid in steering, with hardware and software developed to seamlessly link the driver to the road, enhancing safety and performance, and providing a precise road experience. Electrically assisted steering systems, such as EPS, eliminate the need for hydraulic fluid, utilizing an electric motor to assist steering movements. Column-drive electric power steering employs a worm-gear transmission on the steering column to transfer additional steering torque, commonly used in compact vehicles with limited engine compartment space. This system's location reduces the demands on the servo drive regarding temperature range and sealing compared to engine compartment conditions, highlighting its suitability for the Electric Power Steering wheel market.
With its improved safety features and smooth integration with driver assistance systems, EPS with ADAS technology is widely considered. The electric motor industry significantly enhances control and assistance with steering. Their improved fuel efficiency fuels the rapid adoption of automotive EPS technologies over hydraulic systems. For modern automobiles to comply with safety regulations, EPS must be installed. Future car models will increasingly integrate automotive EPS as it is crucial in allowing autonomous driving functions.
Increasing Demand for Automated Driving is Expected to Fuel Market Growth
Electric power steering (EPS) emerges as a critical technology in highly automated driving. EPS takes charge of vehicle steering assistance by utilizing an electric motor, enhancing the steering experience and delivering optimal performance. The latest generation of control units ensures enhanced safety measures in case of system errors and enables highly automated driving with a focus on maximum security up to SAE-Level 4 autonomy standards. The integration of the electronic control unit into the vehicle's electrical system opens avenues for assisted and automated driving functions. Consequently, electric power steering emerges as a basic technology for analyzing automated driving capabilities. The seamless integration of EPS into vehicles enhances safety and comfort and paves the way for a future where automated driving becomes more prevalent and accessible to consumers. As the automotive industry continues to adopt automation, the electric power steering system market is poised for substantial growth driven by the increasing demand for advanced driving technologies that enhance both efficiency and safety on the road.
A new steering control unit from Bosch supports both autonomous driving and all driver assist features. With its scalable and modular design, this electric motor-equipped modular unit offers versatility by enabling the use of different steering control unit versions within a vehicle series. There is a highly integrated version of it that makes communication through CAN-Bus, CAN-FD, or Flex ray easier. The Bosch Security Concept guards the steering control unit from cyberattacks and supports applications for all SAE levels. Additionally, "over-the-air" technology supports features and upgrades.
Improved Comfort and safety with EPS are Expected to Propel the Market Growth
EPS is intricately connected to the vehicle control unit and other components, leading to improved safety, comfort, and convenience by implementing innovative driver assistance systems such as evasive steering support, traffic jam assist, and parking maneuver assist. This technology plays a pivotal role in powertrain electrification, significantly reducing fuel consumption and carbon emissions through its power-on-demand principle. It helps turn the vehicle in close places easily and provides more comfort. EPS provides better-turning feedback to the driver. EPS systems offer the capability for ongoing and adaptable modification of steering sensation. Frequently, the EPS system empowers the driver to customize the steering sensation through the dashboard or alternative driver controls. This functionality enables the customization of the driving experience according to the driver's preferences, elevating comfort and maneuverability.
In 2023, the New Kia Seltos comes with advanced driving modes eco, normal, and sport mode according to the requirement of the user/ driver. In these modes, throttle response improves the weight and responsiveness of steering. In eco mode and normal mode, steering is more adaptable to city driving being lightweight, and in sport mode, steering feedback becomes heavy and suitable for highway trips.
Integration of EPS System with Regenerative Braking is Expected to Drive Market Growth
Hybrid and electric vehicles utilize regenerative braking systems to recuperate energy during deceleration, enhancing overall efficiency. Integrating EPS systems with regenerative braking further optimizes the energy recovery process. In hybrid or electric vehicles, the regenerative braking phase may lead to an imbalance in side-to-side brake distribution due to turning maneuvers or uneven road surfaces, resulting in a pull or lead sensation the driver feels through the steering. When a vehicle has a rear electric drive motor, dual electric motors, or a hybrid front and electric rear motor, regenerative braking torque may apply unevenly to one axle, causing a front-to-rear braking imbalance. This imbalance can significantly impact vehicle stability and handling during cornering or braking. Modern hybrid and electric EPS systems are designed to address these challenges associated with regenerative braking forces, ensuring stability, safety, and efficient energy harvesting while counteracting potential handling issues caused by braking imbalances.
For instance, in 2023, Tata Motors provided regenerative braking in the Tata Punch EV. This regenerative braking comes with several adjustment modes. It is equipped with an electric power steering system for comfortable driving in the city and on highways.
More Reliable and Low Maintenance than Hydraulic Systems
Electric power steering (EPS) systems have transformed the automotive sector and reduced maintenance demands compared to hydraulic systems. These advanced EPS systems have notably boosted fuel efficiency, driving comfort, and overall dependability, leading to their widespread adoption that has largely supplanted traditional hydraulic power steering systems in modern vehicles. In contrast to the continuous engine power consumption of the belt-driven hydraulic pump in traditional systems, the EPS system operates more efficiently by eliminating the hydraulic pump, hoses, and fluid reservoir. This reduces the need for regular checkups, wear on components, and fluid leaks, as they are associated with hydraulic systems while enhancing fuel economy. Although the road feeling associated with hydraulic systems was lacking in early EPS systems, modern EPS technology offers a better road feel and seamless integration with advanced driver-assistance functions. These upgrades have strengthened the safety of cars with EPS and improved the driving experience.
Asia-Pacific to Hold Significant Market Share
Asia-Pacific is expected to dominate the electric power steering (EPS) industry. The manufacturing and supply of vehicles have increased significantly due to the region's fast economic expansion, especially in nations such as China and India. There is an increased need for advanced steering technologies, such as EPS, as a more effective solution for conventional systems. Furthermore, the governments of Asia-Pacific countries have encouraged automakers to embrace technology that improves fuel efficiency and lowers greenhouse gas emissions by imposing strict emission rules and fuel economy requirements. The use of EPS systems in automobiles around the area has accelerated due to introducing these rules. Additionally, the market for electric power steering has expanded due to the growing acceptance of electric vehicles (EVs) in nations like China, India, and the ASEAN region. The need for improved safety features and comfortable driving experiences is rising, boosting the need for EPS technology in these cars as EV sales continue to rise.
Future Market Scenario (2024–2031F)
· Government initiatives, increased demand for autonomous vehicles, and better efficiency and comfort are expected to be the significant driving factors during the forecast period.
· Global adoption, easy-to-use, and industry partnerships are the highlights of the global market.
· Increased demand for convenience and better ride quality transform the global electric power steering (EPS) system market.
Report Scope
“Electric Power Steering (EPS) System Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global electric power steering (EPS) system market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
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Report Attribute |
Details |
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Base Year of the Analysis |
2023 |
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Historical Period |
2017-2022 |
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Forecast Period |
2024-2031 |
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Projected Growth Rate |
CAGR of 6.96% between 2024 and 2031 |
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Revenue Forecast in 2031 |
USD 40.81 billion |
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Segments Covered |
Component, Vehicle Type, Type, Electric Motor Type, Mechanism |
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Regions Covered |
North America, Europe, South America, Asia-Pacific, Middle East and Africa |
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Key Companies Profile |
JTEKT Corporation, Nexteer Automotive Corporation, ZF Friedrichshafen AG, ThyssenKrupp AG, GKN Automotive Limited, Showa Corporation, Hyundai Mobis, Robert Bosch, NSK Ltd, Mitsubishi Electric Corporation |
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Customization Scope |
15% free report customization with purchase |
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Pricing and Purchase Options |
Avail the customized purchase options to fulfill your precise research needs |
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Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In the report, global electric power steering (EPS) system market has been segmented into the following categories:
· By Component
o Steering Column
o Sensor
o Pinion and Rack
o ECU
o Electric Motor
o Others
· By Vehicle Type
o Passenger Cars
o Commercial Vehicles
· By Electric Motor Type
o Brushed DC Motor
o Brushless DC Motor
· By Type
o C-EPS
o P-EPS
o R-EPS
· By Mechanism
o Collapsible EPS
o Rigid EPS
· By Region
o North America
o Europe
o Asia-Pacific
o South America
o Middle East and Africa
Key Players Landscape and Outlook
Key players in the Electric Power Steering (EPS) System market are primarily focusing on advanced technology, better integration in autonomous vehicles, and increased efficiency. Companies compete to supply cutting-edge technology while maintaining the products quality and performance. Key stakeholders are collaborating, partnering, and acquiring firms working on better technologies to upgrade their car steering system and technology.
In January 2023, EPFL and JTEKT Corporation researchers have created an automated driving system focussing on 'collaborative steering'. This innovative approach enhances transportation safety, efficiency, and comfort by fostering dynamic interaction between autonomous vehicles and human drivers.
In April 2023, Nexteer Automotive had presented a comprehensive array of steering, driveline, and software innovations at the 2023 Shanghai Auto Show. The showcase had demonstrated Nexteer's prowess as a worldwide technology frontrunner in addressing motion control obstacles across various automotive industry megatrends.
Key Players Operating in Global Electric Power Steering (EPS) System Market are:
· JTEKT Corporation
· Nexteer Automotive Corporation
· ZF Friedrichshafen AG
· ThyssenKrupp AG
· GKN Automotive Limited
· Showa Corporation
· Hyundai Mobis
· Robert Bosch
· NSK Ltd
· Mitsubishi Electric Corporation
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· What is the current and future market size of the product/service globally or specific to different countries?
· How are the markets divided into different product/service segments and the market size and growth of each segment?
· What is the market potential of different product segments and their investment case?
· How are the markets predicted to develop in the future and what factors will drive or inhibit growth?
· What is the business environment and regulatory landscape specific to the product/service?
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Table of Contents
1. Research Methodology
2. Project Scope & Definitions
3. Executive Summary
4. Voice of Customer
4.1. Product and Market Intelligence
4.2. Factors Considered in Purchase Decisions
4.2.1.Safety and Security
4.2.2.Efficiency
4.2.3.Advanced Battery Technology
4.2.4.Automation
4.2.5.Cost
4.2.6.Lead Time
4.2.7.Warranty
4.2.8.Annual Maintenance Contract (AMC)
5. Global Electric Power Steering (EPS) System Market Outlook, 2017-2031F
5.1. Market Size & Forecast
5.1.1.By Value
5.1.2.By Volume
5.2. By Component
5.2.1.Steering Column
5.2.2.Sensor
5.2.3.Pinion and Rack
5.2.4.ECU
5.2.5.Electric Motor
5.2.6.Others
5.3. By Vehicle Type
5.3.1.Passenger Cars
5.3.2.Commercial Vehicles
5.4. By Electric Motor Type
5.4.1.Brushed DC Motor
5.4.2.Brushless DC Motor
5.5. By Type
5.5.1.C-EPS
5.5.2.P-EPS
5.5.3.R-EPS
5.6. By Mechanism
5.6.1.Collapsible EPS
5.6.2.Rigid EPS
5.7. By Region
5.7.1. North America
5.7.2. Europe
5.7.3. Asia-Pacific
5.7.4. South America
5.7.5. Middle East and Africa
5.8. By Company Market Share (%), 2023
6. Global Electric Power Steering (EPS) System Market Outlook, By Region, 2017-2031
6.1. North America*
6.1.1.Market Size & Forecast
6.1.1.1. By Value
6.1.1.2. By Volume
6.1.2.By Component
6.1.2.1. Steering Column
6.1.2.2. Sensor
6.1.2.3. Pinion and Rack
6.1.2.4. ECU
6.1.2.5. Electric Motor
6.1.2.6. Others
6.1.3.By Vehicle Type
6.1.3.1. Passenger Cars
6.1.3.2. Commercial Vehicles
6.1.4.By Electric Motor Type
6.1.4.1. Brushed DC Motor
6.1.4.2. Brushless DC Motor
6.1.5.By Type
6.1.5.1. C-EPS
6.1.5.2. P-EPS
6.1.5.3. R-EPS
6.1.6.By Mechanism
6.1.6.1. Collapsible EPS
6.1.6.2. Rigid EPS
6.1.7.United States*
6.1.8.Canada
6.1.9.Mexico
*All segments will be provided for all regions and countries covered
6.2. Europe
6.2.1.Germany
6.2.2.France
6.2.3.Italy
6.2.4.United Kingdom
6.2.5.Russia
6.2.6.Netherlands
6.2.7.Spain
6.2.8.Turkey
6.2.9.Poland
6.3. Asia-Pacific
6.3.1.India
6.3.2.China
6.3.3.Japan
6.3.4.Australia
6.3.5.Vietnam
6.3.6.South Korea
6.3.7.Indonesia
6.3.8.Philippines
6.4. South America
6.4.1.Brazil
6.4.2.Argentina
6.5. Middle East & Africa
6.5.1.Saudi Arabia
6.5.2.UAE
6.5.3.South Africa
7. Market Mapping, 2023
7.1. By Component
7.2. By Vehicle Type
7.3. By Electric Motor type
7.4. By Mechanism
7.5. By type
7.6. By Region
8. Macro Environment and Industry Structure
8.1. Demand Supply Analysis
8.2. Import Export Analysis
8.3. Value Chain Analysis
8.4. PESTEL Analysis
8.4.1.Political Factors
8.4.2.Economic System
8.4.3.Social Implications
8.4.4.Technological Advancements
8.4.5.Environmental Impacts
8.4.6.Legal Compliances and Regulatory Policies (Statutory Bodies Included)
8.5. Porter’s Five Forces Analysis
8.5.1.Supplier Power
8.5.2.Buyer Power
8.5.3.Substitution Threat
8.5.4.Threat from New Entrants
8.5.5.Competitive Rivalry
9. Market Dynamics
9.1. Growth Drivers
9.2. Growth Inhibitors (Challenges and Restraints)
10. Key Players Landscape
10.1. Competition Matrix of Top Five Market Leaders
10.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2023)
10.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
10.4. SWOT Analysis (For Five Market Players)
10.5. Patent Analysis (If Applicable)
11. Pricing Analysis
12. Case Studies
13. Key Players Outlook
13.1. Nexteer Automotive Corporation
13.1.1. Company Details
13.1.2. Key Management Personnel
13.1.3. Products & Services
13.1.4. Financials (As reported)
13.1.5. Key Market Focus & Geographical Presence
13.1.6. Recent Developments
13.2. JTEKT Corporation
13.3. ZF Friedrichshafen AG
13.4. ThyssenKrupp AG
13.5. GKN Automotive Limited
13.6. Showa Corporation
13.7. Hyundai Mobis
13.8. Robert Bosch
13.9. NSK Ltd
13.10. Mitsubishi Electric Corporation
*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
14. Strategic Recommendations
15. About Us & Disclaimer
List of Figures
Figure 1. Global Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 2. Global Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 3. Global Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 4. Global Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 5. Global Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 6. Global Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 7. Global Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 8. Global Electric Power Steering (EPS) System Market Share (%), By Region, 2017-2031F
Figure 9. North America Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 10. North America Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 11. North America Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 12. North America Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 13. North America Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 14. North America Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 15. North America Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 16. North America Electric Power Steering (EPS) System Market Share (%), By Country, 2017-2031F
Figure 17. United States Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 18. United States Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 19. United States Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 20. United States Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 21. United States Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 22. United States Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 23. United States Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 24. Canada Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 25. Canada Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 26. Canada Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 27. Canada Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 28. Canada Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 29. Canada Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 30. Canada Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 31. Mexico Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 32. Mexico Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 33. Mexico Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 34. Mexico Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 35. Mexico Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 36. Mexico Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 37. Mexico Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 38. Europe Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 39. Europe Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 40. Europe Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 41. Europe Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 42. Europe Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 43. Europe Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 44. Europe Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 45. Europe Electric Power Steering (EPS) System Market Share (%), By Country, 2017-2031F
Figure 46. Germany Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 47. Germany Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 48. Germany Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 49. Germany Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 50. Germany Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 51. Germany Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 52. Germany Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 53. France Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 54. France Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 55. France Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 56. France Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 57. France Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 58. France Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 59. France Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 60. Italy Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 61. Italy Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 62. Italy Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 63. Italy Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 64. Italy Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 65. Italy Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 66. Italy Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 67. United Kingdom Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 68. United Kingdom Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 69. United Kingdom Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 70. United Kingdom Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 71. United Kingdom Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 72. United Kingdom Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 73. United Kingdom Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 74. Russia Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 75. Russia Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 76. Russia Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 77. Russia Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 78. Russia Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 79. Russia Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 80. Russia Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 81. Netherlands Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 82. Netherlands Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 83. Netherlands Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 84. Netherlands Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 85. Netherlands Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 86. Netherlands Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 87. Netherlands Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 88. Spain Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 89. Spain Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 90. Spain Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 91. Spain Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 92. Spain Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 93. Spain Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 94. Spain Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 95. Turkey Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 96. Turkey Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 97. Turkey Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 98. Turkey Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 99. Turkey Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 100. Turkey Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 101. Turkey Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 102. Poland Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 103. Poland Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 104. Poland Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 105. Poland Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 106. Poland Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 107. Poland Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 108. Poland Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 109. South America Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 110. South America Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 111. South America Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 112. South America Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 113. South America Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 114. South America Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 115. South America Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 116. South America Electric Power Steering (EPS) System Market Share (%), By Country, 2017-2031F
Figure 117. Brazil Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 118. Brazil Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 119. Brazil Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 120. Brazil Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 121. Brazil Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 122. Brazil Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 123. Brazil Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 124. Argentina Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 125. Argentina Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 126. Argentina Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 127. Argentina Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 128. Argentina Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 129. Argentina Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 130. Argentina Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 131. Asia-Pacific Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 132. Asia-Pacific Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 133. Asia-Pacific Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 134. Asia-Pacific Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 135. Asia-Pacific Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 136. Asia-Pacific Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 137. Asia- Pacific Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 138. Asia-Pacific Electric Power Steering (EPS) System Market Share (%), By Country, 2017-2031F
Figure 139. India Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 140. India Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 141. India Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 142. India Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 143. India Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 144. India Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 145. India Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 146. China Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 147. China Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 148. China Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 149. China Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 150. China Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 151. China Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 152. China Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 153. Japan Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 154. Japan Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 155. Japan Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 156. Japan Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 157. Japan Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 158. Japan Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 159. Japan Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 160. Australia Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 161. Australia Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 162. Australia Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 163. Australia Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 164. Australia Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 165. Australia Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 166. Australia Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 167. Vietnam Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 168. Vietnam Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 169. Vietnam Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 170. Vietnam Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 171. Vietnam Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 172. Vietnam Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 173. Vietnam Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 174. South Korea Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 175. South Korea Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 176. South Korea Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 177. South Korea Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 178. South Korea Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 179. South Korea Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 180. South Korea Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 181. Indonesia Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 182. Indonesia Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 183. Indonesia Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 184. Indonesia Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 185. Indonesia Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 186. Indonesia Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 187. Indonesia Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 188. Philippines Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 189. Philippines Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 190. Philippines Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 191. Philippines Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 192. Philippines Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 193. Philippines Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 194. Philippines Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 195. Middle East & Africa Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 196. Middle East & Africa Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 197. Middle East & Africa Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 198. Middle East & Africa Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 199. Middle East & Africa Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 200. Middle East & Africa Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 201. Middle East & Africa Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 202. Middle East & Africa Electric Power Steering (EPS) System Market Share (%), By Country, 2017-2031F
Figure 203. Saudi Arabia Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 204. Saudi Arabia Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 205. Saudi Arabia Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 206. Saudi Arabia Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 207. Saudi Arabia Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 208. Saudi Arabia Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 209. Saudi Arabia Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 210. UAE Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 211. UAE Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 212. UAE Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 213. UAE Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 214. UAE Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 215. UAE Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 216. UAE Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 217. South Africa Electric Power Steering (EPS) System Market, By Value, In USD Billion, 2017-2031F
Figure 218. South Africa Electric Power Steering (EPS) System Market, By Volume, In Thousand Units, 2017-2031F
Figure 219. South Africa Electric Power Steering (EPS) System Market Share (%), By Component, 2017-2031F
Figure 220. South Africa Electric Power Steering (EPS) System Market Share (%), By Vehicle Type, 2017-2031F
Figure 221. South Africa Electric Power Steering (EPS) System Market Share (%), By Electric Motor Type, 2017-2031F
Figure 222. South Africa Electric Power Steering (EPS) System Market Share (%), By Type, 2017-2031F
Figure 223. South Africa Electric Power Steering (EPS) System Market Share (%), By Mechanism, 2017-2031F
Figure 224. By Component Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 225. By Vehicle Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 226. By Electric Motor Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 227. By Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 228. By Mechanism Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 229. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023
List of Tables
Table 1. Pricing Analysis of Products from Key Players
Table 2. Competition Matrix of Top 5 Market Leaders
Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
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