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Electric Power Assisted Steering Market - Forecast (2020 - 2025)

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    Report

  • 103 Pages
  • March 2020
  • Region: Global
  • IndustryARC
  • ID: 3063595
Description Jump to:
Electric power steering (EPS) uses an electric motor to assist during the driving of a vehicle. Sensors detect the position and torque of the steering column, and a computer module applies assistive torque via the motor, which connects to either the steering gear or steering column. Passenger, commercial, light commercial vehicle, sports cars are the different end-user segments of EPS. Manual, hydraulic and electric powered steering systems are the key electric power steering types present in the market currently. Electric steering systems are mechanically less complex with fewer moving parts and no fluids. It is, hence, more reliable as well as simpler for the OEMs and customers too. Fuel economy is the biggest benefit to the end customers due to EPS and is the major driver for the electric power assisted steering market growth. It is estimated that significant fuel savings of around 0.3-0.4 liters/100km along with reduction in CO2 emissions of 5-7g/km can be attained due to EPS. With electric cars growing in shipments and offering competition to fuel-based cars, EPS systems are the key factors, especially for traditional automotive OEMs to prolong their business.

The global electric power assisted steering market generated revenue of $29.3 Billion in 2015 and is estimated to grow at 11.4% through 2020 to reach $50.2 Billion. The publisher also forecasts the overall shipments of EPS in automotive to double from around 48 million units in 2015 to around 91 million units in 2020. The overall electric power steering market revenue was around $7.5 billion in the U.S. in 2015 and is estimated to grow at a CAGR of 9.34% till 2020.

Power steering systems use ECUs, torque sensors, brushless motor position sensors, motors, and steering angle sensors generally. The report describes the Electric Power Steering market by product types, modules, fuel types, components, geography, and industry verticals. High level analysis about the individual Electric Power Steering product costs, strategies, future opportunities along with the business landscape analysis of key market players are focused in the report.

Sample Companies Profiled in this Report are:


  • Martinrea International Inc.
  • Mitsubishi Electric Corporation
  • Trelleborg
  • Robert Bosch GmbH
  • China Automotive Systems Inc.
  • 10+.

Table of Contents

1. Electric Power Assisted Steering Market - Overview
1.1. Definitions and Scope
2. Electric Power Assisted Steering Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Electric Power Assisted Steering Market
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4. Electric Power Assisted Steering Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes
5. Electric Power Assisted Steering Market -Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
5.4. Suppliers and distributors Market Share
6. Electric Power Assisted Steering Market – By Type (Market Size -$Million / $Billion)
6.1. Market Size and Market Share Analysis
6.2. Application Revenue and Trend Research
6.3. Product Segment Analysis
6.3.1. Introduction
6.3.2. Electric powered hydraulic steering
6.3.3. Electric powered steering systems
6.3.3.1. Column drive electric power steering
6.3.3.2. Pinion drive electric power steering
6.3.3.3. Dual point pinion electric power steering
6.3.3.4. Rack drive electric power steering
6.3.3.5. Direct drive electric power steering
7. Electric Power Assisted Steering Market – By System Components (Market Size -$Million / $Billion)
7.1. Steering wheel
7.2. Steering angle sensor
7.3. Steering column
7.4. Steering moment sensor
7.5. Steering gear
7.6. Steering motor
7.7. Steering hoses
7.6. Power steering control unit
8. Electric Power Assisted Steering Market – By Vehicle Type (Market Size -$Million / $Billion)
8.1. Introduction
8.2. Passenger
8.3. Commercial
8.4. Light Commercial Vehicle
8.5. Sports Vehicles
8.6. Others
9. Electric Power Assisted Steering - By Geography (Market Size -$Million / $Billion)
9.1. Electric Power Assisted Steering Market - North America Segment Research
9.2. North America Market Research (Million / $Billion)
9.2.1. Segment type Size and Market Size Analysis
9.2.2. Revenue and Trends
9.2.3. Application Revenue and Trends by type of Application
9.2.4. Company Revenue and Product Analysis
9.2.5. North America Product type and Application Market Size
9.2.5.1. U.S.
9.2.5.2. Canada
9.2.5.3. Mexico
9.2.5.4. Rest of North America
9.3. Electric Power Assisted Steering - South America Segment Research
9.4. South America Market Research (Market Size -$Million / $Billion)
9.4.1. Segment type Size and Market Size Analysis
9.4.2. Revenue and Trends
9.4.3. Application Revenue and Trends by type of Application
9.4.4. Company Revenue and Product Analysis
9.4.5. South America Product type and Application Market Size
9.4.5.1. Brazil
9.4.5.2. Venezuela
9.4.5.3. Argentina
9.4.5.4. Ecuador
9.4.5.5. Peru
9.4.5.6. Colombia
9.4.5.7. Costa Rica
9.4.5.8. Rest of South America
9.5. Electric Power Assisted Steering - Europe Segment Research
9.6. Europe Market Research (Market Size -$Million / $Billion)
9.6.1. Segment type Size and Market Size Analysis
9.6.2. Revenue and Trends
9.6.3. Application Revenue and Trends by type of Application
9.6.4. Company Revenue and Product Analysis
9.6.5. Europe Segment Product type and Application Market Size
9.6.5.1. U.K
9.6.5.2. Germany
9.6.5.3. Italy
9.6.5.4. France
9.6.5.5. Netherlands
9.6.5.6. Belgium
9.6.5.7. Spain
9.6.5.8. Denmark
9.6.5.9. Rest of Europe
9.7. Electric Power Assisted Steering – APAC Segment Research
9.8. APAC Market Research (Market Size -$Million / $Billion)
9.8.1. Segment type Size and Market Size Analysis
9.8.2. Revenue and Trends
9.8.3. Application Revenue and Trends by type of Application
9.8.4. Company Revenue and Product Analysis
9.8.5. APAC Segment – Product type and Application Market Size
9.8.5.1. China
9.8.5.2. Australia
9.8.5.3. Japan
9.8.5.4. South Korea
9.8.5.5. India
9.8.5.6. Taiwan
9.8.5.7. Malaysia
10. Electric Power Assisted Steering Market - Entropy
10.1. New product launches
10.2. M&A's, collaborations, JVs and partnerships
11. Electric Power Assisted Steering Market Company Analysis
11.1. Market Share, Company Revenue, Products, M&A, Developments
11.2. Delphi Automotive LLP
11.3. Federal Mogul Corporation
11.4. Hitachi Automotive Systems
11.5. Hyundai Mobis Co., Ltd.
11.6. Martinrea International Inc.
11.7. Mitsubishi Electric Corporation
11.8. Trelleborg
11.9. Robert Bosch GmbH
11.10. China Automotive Systems Inc.
11.11. JTEKT Corporation
11.12. Mando Corporation
11.13. Nexteer Automotive
11.14. NSK Ltd.
11.15. Showa Corporation
11.16. Sona Koyo Steering Systems
11.17. ThyssenKrupp AG
11.18. TRW Automotive
11.19. ZF Friedrichshafen AG
11.20. Zhejiang Wanda Steering Gear Co., Ltd
11.21. Hubei Tri-Ring Motor Steering Gear Co., Ltd.
11.22. Guangzhou SHOWA Absorber Limited Company
11.23. Jiangmen Xingjiang Steering Gear Co., Ltd.
11.24. FAW Koyo Steering Systems Co., Ltd.
11.25. AVIC-Xihang Yubei Steering System Co., Ltd.
11.26. Tianjin Jinfeng Automobile Chassis Parts Co., Ltd.
11.27. Zhejiang Fulin Guorun Auto Parts Co., Ltd.
11.28. Golden Company
11.29. Chongqing Changfeng Machinery Co., Ltd.
11.30. Anhui Finetech Machinery Co., Ltd
11.31. Hafei Industrial Group Automobile Redirector Obligate Co., Ltd.
11.32. Company 31
11.33. Company 32
11.34. Company 33 and More
12. Electric Power Assisted Steering Market -Appendix
12.1. Abbreviations
12.2. Sources

Methodology

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