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Global Electric Power Steering Market 2020-2024- Product Image

Global Electric Power Steering Market 2020-2024

  • ID: 5136977
  • Report
  • August 2020
  • Region: Global
  • 120 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • DENSO Corp.
  • Hitachi Ltd.
  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Mando Corp.
  • Nexteer Automotive Corp.
  • MORE
Global Electric Power Steering Market 2020-2024

The electric power steering market is poised to grow by 2.34 mn units during 2020-2024 progressing at a CAGR of 1% during the forecast period. The reports on electric power steering market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the stringent regulations to control emissions, sharing the increase in production cost to OEMs and end-users, and rising adoption of EPS in entry-level and mid-segment vehicles. In addition, stringent regulations to control emissions is anticipated to boost the growth of the market as well.

The electric power steering market analysis includes application segment and geographic landscapes

The electric power steering market is segmented as below:

By Application
  • Passenger cars
  • LCVs
By Geographic Landscapes
  • APAC
  • Europe
  • North America
  • South America
  • MEA
This study identifies the steer-by-wire technology gaining adoption in CVs as one of the prime reasons driving the electric power steering market growth during the next few years.

"The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The electric power steering market covers the following areas:
  • Electric power steering market sizing
  • Electric power steering market forecast
  • Electric power steering market industry analysis"
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric power steering market vendors that include DENSO Corp., Hitachi Ltd., Hyundai Mobis Co. Ltd., JTEKT Corp., Mando Corp., Nexteer Automotive Corp., NSK Ltd., Robert Bosch GmbH, thyssenkrupp AG, and ZF Friedrichshafen AG. Also, the electric power steering market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.

This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • DENSO Corp.
  • Hitachi Ltd.
  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Mando Corp.
  • Nexteer Automotive Corp.
  • MORE
Executive Summary
  • Market Overview
Market Landscape
  • Market ecosystem
  • Value chain analysis
Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
Market Segmentation by Application
  • Market segments
  • Comparison by Application
  • Passenger cars - Market size and forecast 2019-2024
  • LCVs - Market size and forecast 2019-2024
  • Market opportunity by Application
Customer Landscape

Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends
Vendor Landscape
  • Overview
  • Vendor landscape
  • Landscape disruption
Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • DENSO Corp.
  • Hitachi Ltd.
  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Mando Corp.
  • Nexteer Automotive Corp.
  • NSK Ltd.
  • Robert Bosch GmbH
  • thyssenkrupp AG
  • ZF Friedrichshafen AG
Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations
List of Exhibits
1: Key Finding 1
2: Key Finding 2
3: Key Finding 3
4: Key Finding 5
5: Key Finding 6
6: Key Finding 7
7: Key Finding 8
8: Parent market
9: Market characteristics
10: Offerings of vendors included in the market definition
11: Market segments
12: Global - Market size and forecast 2019 - 2024 (million units)
13: Global market: Year-over-year growth 2019 - 2024 (%)
14: Five forces analysis 2019 & 2024
15: Bargaining power of buyers
16: Bargaining power of suppliers
17: Threat of new entrants
18: Threat of substitutes
19: Threat of rivalry
20: Market condition - Five forces 2019
21: Application - Market share 2019-2024 (%)
22: Comparison by Application
23: Passenger cars - Market size and forecast 2019-2024 (million units)
24: Passenger cars - Year-over-year growth 2019-2024 (%)
25: LCVs - Market size and forecast 2019-2024 (million units)
26: LCVs - Year-over-year growth 2019-2024 (%)
27: Market opportunity by Application
28: Customer landscape
29: Market share by geography 2019-2024 (%)
30: Geographic comparison
31: APAC - Market size and forecast 2019-2024 (million units)
32: APAC - Year-over-year growth 2019-2024 (%)
33: Europe - Market size and forecast 2019-2024 (million units)
34: Europe - Year-over-year growth 2019-2024 (%)
35: North America - Market size and forecast 2019-2024 (million units)
36: North America - Year-over-year growth 2019-2024 (%)
37: South America - Market size and forecast 2019-2024 (million units)
38: South America - Year-over-year growth 2019-2024 (%)
39: MEA - Market size and forecast 2019-2024 (million units)
40: MEA - Year-over-year growth 2019-2024 (%)
41: Key leading countries
42: Market opportunity by geography (million units)
43: Impact of drivers and challenges
44: Vendor landscape
45: Landscape disruption
46: Industry risks
47: Vendors covered
48: Market positioning of vendors
49: DENSO Corp. - Overview
50: DENSO Corp. - Business segments
51: DENSO Corp. - Key offerings
52: DENSO Corp. - Key customers
53: DENSO Corp. - Segment focus
54: Hitachi Ltd. - Overview
55: Hitachi Ltd. - Business segments
56: Hitachi Ltd. - Key offerings
57: Hitachi Ltd. - Key customers
58: Hitachi Ltd. - Segment focus
59: Hyundai Mobis Co. Ltd. - Overview
60: Hyundai Mobis Co. Ltd. - Business segments
61: Hyundai Mobis Co. Ltd. - Key offerings
62: Hyundai Mobis Co. Ltd. - Key customers
63: Hyundai Mobis Co. Ltd. - Segment focus
64: JTEKT Corp. - Overview
65: JTEKT Corp. - Business segments
66: JTEKT Corp. - Key offerings
67: JTEKT Corp. - Key customers
68: JTEKT Corp. - Segment focus
69: Mando Corp. - Overview
70: Mando Corp. - Product and service
71: Mando Corp. - Key offerings
72: Mando Corp. - Key customers
73: Mando Corp. - Segment focus
74: Nexteer Automotive Corp. - Overview
75: Nexteer Automotive Corp. - Business segments
76: Nexteer Automotive Corp. - Key offerings
77: Nexteer Automotive Corp. - Key customers
78: Nexteer Automotive Corp. - Segment focus
79: NSK Ltd. - Overview
80: NSK Ltd. - Business segments
81: NSK Ltd. - Key offerings
82: NSK Ltd. - Key customers
83: NSK Ltd. - Segment focus
84: Robert Bosch GmbH - Overview
85: Robert Bosch GmbH - Business segments
86: Robert Bosch GmbH - Key offerings
87: Robert Bosch GmbH - Key customers
88: Robert Bosch GmbH - Segment focus
89: thyssenkrupp AG - Overview
90: thyssenkrupp AG - Business segments
91: thyssenkrupp AG - Key offerings
92: thyssenkrupp AG - Key customers
93: thyssenkrupp AG - Segment focus
94: ZF Friedrichshafen AG - Overview
95: ZF Friedrichshafen AG - Business segments
96: ZF Friedrichshafen AG - Key offerings
97: ZF Friedrichshafen AG - Key customers
98: ZF Friedrichshafen AG - Segment focus
99: Currency conversion rates for US$
100: Research Methodology
101: Validation techniques employed for market sizing
102: Information sources
103: List of abbreviations


Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • DENSO Corp.
  • Hitachi Ltd.
  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Mando Corp.
  • Nexteer Automotive Corp.
  • MORE
The publisher recognizes the following companies as the key players in the global electric power steering market: DENSO Corp., Hitachi Ltd., Hyundai Mobis Co. Ltd., JTEKT Corp., Mando Corp., Nexteer Automotive Corp., NSK Ltd., Robert Bosch GmbH, thyssenkrupp AG, and ZF Friedrichshafen AG.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is steer-by-wire technology gaining adoption in cvs."

According to the report, one of the major drivers for this market is the stringent regulations to control emissions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
4 of 5
  • DENSO Corp.
  • Hitachi Ltd.
  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Mando Corp.
  • Nexteer Automotive Corp.
  • NSK Ltd.
  • Robert Bosch GmbH
  • thyssenkrupp AG
  • ZF Friedrichshafen AG
Note: Product cover images may vary from those shown
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