DUBLIN--(BUSINESS WIRE)--The "Global Electric Power Steering Market, By Type (C-EPS, P-EPS and R-EPS), By Component (Steering Column, Steering Wheel, Sensors, Electronic Control Unit, Electric Motor and Bearings), By Vehicle Type, By Mechanism, By Company and By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Electric Power Steering Market is expected to grow at a CAGR of over 6%, in value terms.
The major growth drivers for the market are the growing technological advancements, increasing vehicle sales & production and measures taken by OEMs worldwide to reduce the weight of the vehicle. Increasing number of government norms and mandates related to fuel-efficient technologies is positively impacting the growth of the market.
The Global Electric Power Steering Market can be segregated based on type, component, vehicle type and mechanism. In terms of regional analysis, APAC is projected to lead the electric power steering market during the forecast period due to growing vehicle production and highest fleet size in countries like China, India, etc. However, the North American and European electric power steering markets are expected to grow at a steady pace during the forecast period.
Companies Mentioned
- Mando Corporation
- Robert Bosch GMBH
- Showa Corporation
- JTEKT Corporation
- Hyundai Mobis
- NSK Ltd
- Mitsubishi Corporation
- Sona Koyo Steering System
- Nexteer Automotive Corp.
- Thyssenkrupp AG
Objective of the Study:
- To analyse and forecast the market size of the Global Electric Power Steering Market, in terms of value and volume.
- To classify and forecast the Global Electric Power Steering Market based on type, vehicle type, component, mechanism and regional distribution.
- To identify drivers and challenges for the Global Electric Power Steering Market.
- to examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Electric Power Steering Market.
- To conduct the pricing analysis for the Global Electric Power Steering Market.
- To identify and analyse the profile of leading players involved in the manufacturing of the Global Electric Power Steering Market.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Electric Power Steering Market
4. Executive Summary
5. Voice of Customer
5.1. Product Awareness
5.2. Product Pricing
5.3. Product Quality
5.4. Challenges & Unmet Needs
6. Global Electric Power Steering Market Overview
7. Global Electric Power Steering Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type (C-EPS, P-EPS and R-EPS)
7.2.2. By Component (Steering Column, Steering Wheel, Sensors, Electronic Control Unit, Electric Motor and Bearings)
7.2.3. By Vehicle Type (Passenger Cars, Medium & Heavy Commercial Vehicles, Light Commercial Vehicles and Off-the-Road Vehicles)
7.2.4. By Mechanism (Collapsible EPS and Rigid EPS)
7.2.5. By Company
7.2.6. By Region
7.3. Market Attractiveness Index
8. Asia-Pacific Electric Power Steering Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
8.3. Asia-Pacific: Country Analysis
9. Europe & CIS Electric Power Steering Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
9.3. Europe: Country Analysis
10. North America Electric Power Steering Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
10.3. North America: Country Analysis
11. South America Electric Power Steering Market Outlook
11.1. Market Size & Forecast
11.2. Market Share & Forecast
12. Middle East and Africa Electric Power Steering Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value & Volume
12.2. Market Share & Forecast
12.2.1. By Type
12.2.2. By Vehicle Type
12.2.3. By Component
12.2.4. By Country
12.3. MEA: Country Analysis
12.3.1. South Africa Electric Power Steering Market Outlook
12.3.1.1. Market Size & Forecast
12.3.1.1.1. By Value & Volume
12.3.1.2. Market Share & Forecast
12.3.1.2.1. By Type
12.3.1.2.2. By Vehicle Type
12.3.2. Saudi Arabia Electric Power Steering Market Outlook
12.3.2.1. Market Size & Forecast
12.3.2.1.1. By Value & Volume
12.3.2.2. Market Share & Forecast
12.3.2.2.1. By Type
12.3.2.2.2. By Vehicle Type
12.3.3. UAE Electric Power Steering Market Outlook
12.3.3.1. Market Size & Forecast
12.3.3.1.1. By Value & Volume
12.3.3.2. Market Share & Forecast
12.3.3.2.1. By Type
12.3.3.2.2. By Vehicle Type
12.3.4. Qatar Electric Power Steering Market Outlook
12.3.4.1. Market Size & Forecast
12.3.4.1.1. By Value & Volume
12.3.4.2. Market Share & Forecast
12.3.4.2.1. By Type
12.3.4.2.2. By Vehicle Type
13. Supply Chain Analysis
14. Market Dynamics
14.1. Drivers
14.2. Challenges
15. Market Trends & Developments
16. Policy & Regulatory Landscape
17. Competitive Landscape
18. Strategic Recommendation
19. About the Publisher & Disclaimer
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