Executive Analysis of Electric Power Steering Trends in North America

  • ID: 3641722
  • Report
  • Region: America, North America, United States
  • 15 Pages
  • Frost & Sullivan
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Superior Controllability of EPS Allows for Better ADAS Integration thereby Paving the Way for Self-steering Vehicles

FEATURED COMPANIES

  • Bosch Automotive Steering
  • Hyundai Mobis
  • Nexteer
  • ZF TRW
  • MORE
Consumer demand for enhanced fuel economy, improved safety, and comfort has forced original equipment manufacturers (OEMs) to migrate from traditional Hydraulic Power Steering and Electro-Hydraulic Power Steering to Electric Power Steering (EPS). Over the last 2-3 years, the automotive industry in North America has earmarked EPS as one of the stepping stones for realizing semi-autonomous and fully autonomous driving in the future. This report analyses the EPS market in North America with an emphasis on OEM and tier 1 supplier partnerships. The report also looks at key trends affecting the steering market, while providing supplier analysis and capabilities.

Key Findings

- 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.
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FEATURED COMPANIES

  • Bosch Automotive Steering
  • Hyundai Mobis
  • Nexteer
  • ZF TRW
  • MORE
1. Executive Summary
  • Key Findings
  • EPS Penetration in North America
  • Key Findings and Future Outlook
2. System Overview and Definition
  • Vehicle Segmentation
  • Schematic of a Typical EPS System
  • Comparative Analysis of EPS by Type
  • EPS System Overview
3. Market Overview
  • Power Steering Market Snapshot
  • Unit Shipment Scenario Analysis
  • Comparative Analysis of Key OEM Strategies for EPS Fitment
4. Supplier Capability
  • 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
5. Key Developments in the Steering Space in North America

6. Key Conclusions and Future Outlook
  • Legal Disclaimer
7. Appendix
  • List of Abbreviations Used
Note: Product cover images may vary from those shown
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- Bosch Automotive Steering
- Hyundai Mobis
- Nexteer
- ZF TRW
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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