- The electric power steering (EPS) market in North America is expected to grow at a CAGR of X% by 2020. Given the nature of North American roads, functions such as side-wind compensation and roadcrowning compensation are of increased importance among EPS functions.
- Ford continues to lead the North American passenger car market with a best-in-class EPS strategy. RenaultNissan and Hyundai offer the highest growth potential at a CAGR of X% and X%, respectively.
- Improved functionality in terms of add-on functions and higher rack-load capacity will see more R-EPS crossing the kN front axle load limit.
- SUV/pickup and MPV/vans segment offers maximum revenue potential and growth opportunities. The highly saturated C/D segment is expected to grow at a CAGR of X%, although a majority of vehicles in this segment are already EPS enabled.
- As the United States and Canada chose to stay non-party to the Vienna Convention, automakers are free to launch vehicles with hands-free driving and self-driving modes, thereby opening a plethora of opportunities for a clean-sheet approach to steering systems and controls.
- Key Findings
- EPS Penetration in North America
- Key Findings and Future Outlook
- Vehicle Segmentation
- Schematic of a Typical EPS System
- Comparative Analysis of EPS by Type
- EPS System Overview
- Power Steering Market Snapshot
- Unit Shipment Scenario Analysis
- Comparative Analysis of Key OEM Strategies for EPS Fitment
- Supplier Portfolio Snapshot
- Supplier Portfolio Snapshot and ADAS Integration
- Case Study - Bosch Automotive Steering
- Case Study - Hyundai Mobis
- Case Study - Nexteer
- Case Study - ZF TRW
6. Key Conclusions and Future Outlook
- Legal Disclaimer
- List of Abbreviations Used