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Electric Power Steering Market By Sensor Type, By System Type, By Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 202 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671190
Description Jump to:
The global electric power steering market was valued at $431.0 million in 2021 and is projected to reach $777.4 million by 2031, registering a CAGR of 6.08% from 2022 to 2031. Electric Power Steering (EPS) sensors help in high-performance driving assistance along with sustainability through lower fuel emissions.

The growth of the electric power steering market is majorly driven by the stringent government policies against carbon emission and fuel consumption that have promoted the adoption of such technologies due to the reliance on electrical software architecture. However, the market's growth is anticipated to be hindered by general torque sensor failure and the high costs associated with EPS systems compared to standard steering systems. On the contrary, advancement high adoption of EVs and commercial vehicles, demand for these technologies is anticipated to provide lucrative opportunities for the expansion of the electric power steering market during the forecast period.

The electric power steering market is segmented by sensor type, system type, vehicles type, and region. Based on sensor type, the market is divided into steering position/angle sensors, steering torque sensors, combination sensors (position and torque), and others. Based on system type, the market is bifurcated into column type, pinion type, and others. In terms of vehicle type, the EPS market is further segmented into passenger and commercial vehicles Region-wise, the electric power steering market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and the rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

The key players operating in the market include Robert Bosch GmbH, DENSO Corporation, Valeo S.A., Continental AG, Infineon Technology, Honeywell Inc., HELLA GmbH & Co. Kga, Sensata Technologies, TT Electronics Plc. and NXP Semiconductors

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric power steering market analysis from 2021 to 2031 to identify the prevailing electric power steering market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the electric power steering market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global electric power steering market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Sensor Type

  • Steering Angle Sensor
  • Steering Torque Sensors
  • Combination Sensor
  • Others

By System Type

  • Column Type
  • Pinion Type
  • Others

By Vehicle Type

  • Passenger Vehicles
  • Commercial Vehicle

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • sensata technologies, inc.
  • TT Electronics plc
  • NXP Semiconductors N.V.
  • robert bosch gmbh
  • DENSO CORPORATION
  • Valeo SA
  • continental ag
  • Infineon Technology
  • Honeywell Inc.
  • HELLA GmbH & Co. Kga

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: ELECTRIC POWER STEERING MARKET, BY SENSOR TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Steering Angle Sensor
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Steering Torque Sensors
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Combination Sensor
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: ELECTRIC POWER STEERING MARKET, BY SYSTEM TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Column Type
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Pinion Type
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Others
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: ELECTRIC POWER STEERING MARKET, BY VEHICLE TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Passenger Vehicles
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Commercial Vehicle
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: ELECTRIC POWER STEERING MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Sensor Type
7.2.3 North America Market size and forecast, by System Type
7.2.4 North America Market size and forecast, by Vehicle Type
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Sensor Type
7.2.5.1.2 Market size and forecast, by System Type
7.2.5.1.3 Market size and forecast, by Vehicle Type
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Sensor Type
7.2.5.2.2 Market size and forecast, by System Type
7.2.5.2.3 Market size and forecast, by Vehicle Type
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Sensor Type
7.2.5.3.2 Market size and forecast, by System Type
7.2.5.3.3 Market size and forecast, by Vehicle Type
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Sensor Type
7.3.3 Europe Market size and forecast, by System Type
7.3.4 Europe Market size and forecast, by Vehicle Type
7.3.5 Europe Market size and forecast, by country
7.3.5.1 United Kingdom
7.3.5.1.1 Market size and forecast, by Sensor Type
7.3.5.1.2 Market size and forecast, by System Type
7.3.5.1.3 Market size and forecast, by Vehicle Type
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Sensor Type
7.3.5.2.2 Market size and forecast, by System Type
7.3.5.2.3 Market size and forecast, by Vehicle Type
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Sensor Type
7.3.5.3.2 Market size and forecast, by System Type
7.3.5.3.3 Market size and forecast, by Vehicle Type
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Sensor Type
7.3.5.4.2 Market size and forecast, by System Type
7.3.5.4.3 Market size and forecast, by Vehicle Type
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Sensor Type
7.3.5.5.2 Market size and forecast, by System Type
7.3.5.5.3 Market size and forecast, by Vehicle Type
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Sensor Type
7.4.3 Asia-Pacific Market size and forecast, by System Type
7.4.4 Asia-Pacific Market size and forecast, by Vehicle Type
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Sensor Type
7.4.5.1.2 Market size and forecast, by System Type
7.4.5.1.3 Market size and forecast, by Vehicle Type
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Sensor Type
7.4.5.2.2 Market size and forecast, by System Type
7.4.5.2.3 Market size and forecast, by Vehicle Type
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Sensor Type
7.4.5.3.2 Market size and forecast, by System Type
7.4.5.3.3 Market size and forecast, by Vehicle Type
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Sensor Type
7.4.5.4.2 Market size and forecast, by System Type
7.4.5.4.3 Market size and forecast, by Vehicle Type
7.4.5.5 Rest Of Asia Pacific
7.4.5.5.1 Market size and forecast, by Sensor Type
7.4.5.5.2 Market size and forecast, by System Type
7.4.5.5.3 Market size and forecast, by Vehicle Type
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Sensor Type
7.5.3 LAMEA Market size and forecast, by System Type
7.5.4 LAMEA Market size and forecast, by Vehicle Type
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Sensor Type
7.5.5.1.2 Market size and forecast, by System Type
7.5.5.1.3 Market size and forecast, by Vehicle Type
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Sensor Type
7.5.5.2.2 Market size and forecast, by System Type
7.5.5.2.3 Market size and forecast, by Vehicle Type
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Sensor Type
7.5.5.3.2 Market size and forecast, by System Type
7.5.5.3.3 Market size and forecast, by Vehicle Type
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 sensata technologies, inc.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 TT Electronics plc
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 NXP Semiconductors N.V.
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 robert bosch gmbh
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 DENSO CORPORATION
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Valeo SA
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 continental ag
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Infineon Technology
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Honeywell Inc.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 HELLA GmbH & Co. Kga
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 2. Global Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 3. Choline Chloride Market, for Powder, by Region, 2021-2031 ($Million)
Table 4. Choline Chloride Market, for Powder, by Region, 2021-2031 (Kiloton)
Table 5. Choline Chloride Market for Powder, by Country, 2021-2031 ($Million)
Table 6. Choline Chloride Market for Powder, by Country, 2021-2031 (Kiloton)
Table 7. Choline Chloride Market, for Liquid, by Region, 2021-2031 ($Million)
Table 8. Choline Chloride Market, for Liquid, by Region, 2021-2031 (Kiloton)
Table 9. Choline Chloride Market for Liquid, by Country, 2021-2031 ($Million)
Table 10. Choline Chloride Market for Liquid, by Country, 2021-2031 (Kiloton)
Table 11. Global Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 12. Global Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 13. Choline Chloride Market, for Animal Feed, by Region, 2021-2031 ($Million)
Table 14. Choline Chloride Market, for Animal Feed, by Region, 2021-2031 (Kiloton)
Table 15. Choline Chloride Market for Animal Feed, by Country, 2021-2031 ($Million)
Table 16. Choline Chloride Market for Animal Feed, by Country, 2021-2031 (Kiloton)
Table 17. Choline Chloride Market, for Oil and Gas, by Region, 2021-2031 ($Million)
Table 18. Choline Chloride Market, for Oil and Gas, by Region, 2021-2031 (Kiloton)
Table 19. Choline Chloride Market for Oil and Gas, by Country, 2021-2031 ($Million)
Table 20. Choline Chloride Market for Oil and Gas, by Country, 2021-2031 (Kiloton)
Table 21. Choline Chloride Market, for Human Nutrition, by Region, 2021-2031 ($Million)
Table 22. Choline Chloride Market, for Human Nutrition, by Region, 2021-2031 (Kiloton)
Table 23. Choline Chloride Market for Human Nutrition, by Country, 2021-2031 ($Million)
Table 24. Choline Chloride Market for Human Nutrition, by Country, 2021-2031 (Kiloton)
Table 25. Choline Chloride Market, for Personal Care, by Region, 2021-2031 ($Million)
Table 26. Choline Chloride Market, for Personal Care, by Region, 2021-2031 (Kiloton)
Table 27. Choline Chloride Market for Personal Care, by Country, 2021-2031 ($Million)
Table 28. Choline Chloride Market for Personal Care, by Country, 2021-2031 (Kiloton)
Table 29. Choline Chloride Market, for Pharmaceuticals, by Region, 2021-2031 ($Million)
Table 30. Choline Chloride Market, for Pharmaceuticals, by Region, 2021-2031 (Kiloton)
Table 31. Choline Chloride Market for Pharmaceuticals, by Country, 2021-2031 ($Million)
Table 32. Choline Chloride Market for Pharmaceuticals, by Country, 2021-2031 (Kiloton)
Table 33. Choline Chloride Market, for Others, by Region, 2021-2031 ($Million)
Table 34. Choline Chloride Market, for Others, by Region, 2021-2031 (Kiloton)
Table 35. Choline Chloride Market for Others, by Country, 2021-2031 ($Million)
Table 36. Choline Chloride Market for Others, by Country, 2021-2031 (Kiloton)
Table 37. Choline Chloride Market, by Region, 2021-2031 ($Million)
Table 38. Choline Chloride Market, by Region, 2021-2031 (Kiloton)
Table 39. North America Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 40. North America Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 41. North America Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 42. North America Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 43. North America Choline Chloride Market, by Country, 2021-2031 ($Million)
Table 44. North America Choline Chloride Market, by Country, 2021-2031 (Kiloton)
Table 45. U.S. Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 46. U.S. Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 47. U.S. Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 48. U.S. Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 49. Canada Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 50. Canada Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 51. Canada Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 52. Canada Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 53. Mexico Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 54. Mexico Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 55. Mexico Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 56. Mexico Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 57. Europe Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 58. Europe Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 59. Europe Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 60. Europe Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 61. Europe Choline Chloride Market, by Country, 2021-2031 ($Million)
Table 62. Europe Choline Chloride Market, by Country, 2021-2031 (Kiloton)
Table 63. Germany Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 64. Germany Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 65. Germany Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 66. Germany Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 67. UK Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 68. UK Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 69. UK Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 70. UK Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 71. France Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 72. France Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 73. France Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 74. France Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 75. Spain Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 76. Spain Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 77. Spain Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 78. Spain Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 79. Italy Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 80. Italy Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 81. Italy Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 82. Italy Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 83. Rest of Europe Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 84. Rest of Europe Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 85. Rest of Europe Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 86. Rest of Europe Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 87. Asia-Pacific Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 88. Asia-Pacific Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 89. Asia-Pacific Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 90. Asia-Pacific Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 91. Asia-Pacific Choline Chloride Market, by Country, 2021-2031 ($Million)
Table 92. Asia-Pacific Choline Chloride Market, by Country, 2021-2031 (Kiloton)
Table 93. China Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 94. China Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 95. China Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 96. China Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 97. India Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 98. India Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 99. India Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 100. India Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 101. Japan Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 102. Japan Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 103. Japan Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 104. Japan Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 105. South Korea Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 106. South Korea Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 107. South Korea Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 108. South Korea Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 109. Australia Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 110. Australia Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 111. Australia Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 112. Australia Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 113. Rest of Asia-Pacific Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 114. Rest of Asia-Pacific Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 115. Rest of Asia-Pacific Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 116. Rest of Asia-Pacific Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 117. LAMEA Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 118. LAMEA Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 119. LAMEA Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 120. LAMEA Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 121. LAMEA Choline Chloride Market, by Country, 2021-2031 ($Million)
Table 122. LAMEA Choline Chloride Market, by Country, 2021-2031 (Kiloton)
Table 123. Brazil Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 124. Brazil Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 125. Brazil Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 126. Brazil Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 127. Saudi Arabia Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 128. Saudi Arabia Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 129. Saudi Arabia Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 130. Saudi Arabia Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 131. South Africa Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 132. South Africa Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 133. South Africa Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 134. South Africa Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 135. Rest of LAMEA Choline Chloride Market, by Form, 2021-2031 ($Million)
Table 136. Rest of LAMEA Choline Chloride Market, by Form, 2021-2031 (Kiloton)
Table 137. Rest of LAMEA Choline Chloride Market, by Application, 2021-2031 ($Million)
Table 138. Rest of LAMEA Choline Chloride Market, by Application, 2021-2031 (Kiloton)
Table 139. Algry Quimica S.L: Company Snapshot
Table 140. Algry Quimica S.L: Operating Segments
Table 141. Algry Quimica S.L: Product Portfolio
Table 142. Algry Quimica S.L: Net Sales
Table 143. Algry Quimica S.L: Key Stratergies
Table 144. Balaji Amines Ltd.: Company Snapshot
Table 145. Balaji Amines Ltd.: Operating Segments
Table 146. Balaji Amines Ltd.: Product Portfolio
Table 147. Balaji Amines Ltd.: Net Sales
Table 148. Balaji Amines Ltd.: Key Stratergies
Table 149. Balchem Inc.: Company Snapshot
Table 150. Balchem Inc.: Operating Segments
Table 151. Balchem Inc.: Product Portfolio
Table 152. Balchem Inc.: Net Sales
Table 153. Balchem Inc.: Key Stratergies
Table 154. Basf Se: Company Snapshot
Table 155. Basf Se: Operating Segments
Table 156. Basf Se: Product Portfolio
Table 157. Basf Se: Net Sales
Table 158. Basf Se: Key Stratergies
Table 159. Eastman Chemical Company: Company Snapshot
Table 160. Eastman Chemical Company: Operating Segments
Table 161. Eastman Chemical Company: Product Portfolio
Table 162. Eastman Chemical Company: Net Sales
Table 163. Eastman Chemical Company: Key Stratergies
Table 164. Imperial Group Limited: Company Snapshot
Table 165. Imperial Group Limited: Operating Segments
Table 166. Imperial Group Limited: Product Portfolio
Table 167. Imperial Group Limited: Net Sales
Table 168. Imperial Group Limited: Key Stratergies
Table 169. Jubilant Ingrevia Limited: Company Snapshot
Table 170. Jubilant Ingrevia Limited: Operating Segments
Table 171. Jubilant Ingrevia Limited: Product Portfolio
Table 172. Jubilant Ingrevia Limited: Net Sales
Table 173. Jubilant Ingrevia Limited: Key Stratergies
Table 174. Kemin Industries Inc.: Company Snapshot
Table 175. Kemin Industries Inc.: Operating Segments
Table 176. Kemin Industries Inc.: Product Portfolio
Table 177. Kemin Industries Inc.: Net Sales
Table 178. Kemin Industries Inc.: Key Stratergies
Table 179. Liaoning Biochem Co. Ltd.: Company Snapshot
Table 180. Liaoning Biochem Co. Ltd.: Operating Segments
Table 181. Liaoning Biochem Co. Ltd.: Product Portfolio
Table 182. Liaoning Biochem Co. Ltd.: Net Sales
Table 183. Liaoning Biochem Co. Ltd.: Key Stratergies
Table 184. Merck KGaA: Company Snapshot
Table 185. Merck KGaA: Operating Segments
Table 186. Merck KGaA: Product Portfolio
Table 187. Merck KGaA: Net Sales
Table 188. Merck KGaA: Key Stratergies
Table 189. Nuproxa Switzerland Ltd.: Company Snapshot
Table 190. Nuproxa Switzerland Ltd.: Operating Segments
Table 191. Nuproxa Switzerland Ltd.: Product Portfolio
Table 192. Nuproxa Switzerland Ltd.: Net Sales
Table 193. Nuproxa Switzerland Ltd.: Key Stratergies
Table 194. Pestell Nutrition Inc.: Company Snapshot
Table 195. Pestell Nutrition Inc.: Operating Segments
Table 196. Pestell Nutrition Inc.: Product Portfolio
Table 197. Pestell Nutrition Inc.: Net Sales
Table 198. Pestell Nutrition Inc.: Key Stratergies
Table 199. Sda Product: Company Snapshot
Table 200. Sda Product: Operating Segments
Table 201. Sda Product: Product Portfolio
Table 202. Sda Product: Net Sales
Table 203. Sda Product: Key Stratergies
Table 204. Spectrum Chemical: Company Snapshot
Table 205. Spectrum Chemical: Operating Segments
Table 206. Spectrum Chemical: Product Portfolio
Table 207. Spectrum Chemical: Net Sales
Table 208. Spectrum Chemical: Key Stratergies
Table 209. Tokyo Chemical Industry Co., Ltd.: Company Snapshot
Table 210. Tokyo Chemical Industry Co., Ltd.: Operating Segments
Table 211. Tokyo Chemical Industry Co., Ltd.: Product Portfolio
Table 212. Tokyo Chemical Industry Co., Ltd.: Net Sales
Table 213. Tokyo Chemical Industry Co., Ltd.: Key Stratergies
List of Figures
Figure 1. Electric Power Steering Market Segmentation
Figure 2. Electric Power Steering Market,2021-2031
Figure 3. Electric Power Steering Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Electric Power Steering Market:Drivers, Restraints and Opportunities
Figure 12. Electric Power Steering Market,By Sensor Type,2021(%)
Figure 13. Comparative Share Analysis of Steering Angle Sensor Electric Power Steering Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Steering Torque Sensors Electric Power Steering Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Combination Sensor Electric Power Steering Market,2021-2031(%)
Figure 16. Comparative Share Analysis of Others Electric Power Steering Market,2021-2031(%)
Figure 17. Electric Power Steering Market,By System Type,2021(%)
Figure 18. Comparative Share Analysis of Column Type Electric Power Steering Market,2021-2031(%)
Figure 19. Comparative Share Analysis of Pinion Type Electric Power Steering Market,2021-2031(%)
Figure 20. Comparative Share Analysis of Others Electric Power Steering Market,2021-2031(%)
Figure 21. Electric Power Steering Market,By Vehicle Type,2021(%)
Figure 22. Comparative Share Analysis of Passenger Vehicles Electric Power Steering Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Commercial Vehicle Electric Power Steering Market,2021-2031(%)
Figure 24. Electric Power Steering Market by Region,2021
Figure 25. U.S. Electric Power Steering Market,2021-2031($Million)
Figure 26. Canada Electric Power Steering Market,2021-2031($Million)
Figure 27. Mexico Electric Power Steering Market,2021-2031($Million)
Figure 28. United Kingdom Electric Power Steering Market,2021-2031($Million)
Figure 29. Germany Electric Power Steering Market,2021-2031($Million)
Figure 30. France Electric Power Steering Market,2021-2031($Million)
Figure 31. Italy Electric Power Steering Market,2021-2031($Million)
Figure 32. Rest of Europe Electric Power Steering Market,2021-2031($Million)
Figure 33. China Electric Power Steering Market,2021-2031($Million)
Figure 34. Japan Electric Power Steering Market,2021-2031($Million)
Figure 35. India Electric Power Steering Market,2021-2031($Million)
Figure 36. South Korea Electric Power Steering Market,2021-2031($Million)
Figure 37. Rest of Asia-Pacific Electric Power Steering Market,2021-2031($Million)
Figure 38. Latin America Electric Power Steering Market,2021-2031($Million)
Figure 39. Middle East Electric Power Steering Market,2021-2031($Million)
Figure 40. Africa Electric Power Steering Market,2021-2031($Million)
Figure 41. Top Winning Strategies, by Year
Figure 42. Top Winning Strategies, by Development
Figure 43. Top Winning Strategies, by Company
Figure 44. Product Mapping of Top 10 Players
Figure 45. Competitive Dashboard
Figure 46. Competitive Heatmap of Top 10 Key Players
Figure 47. Sensata Technologies, Inc..: Net Sales ,($Million)
Figure 48. Tt Electronics PLC.: Net Sales ,($Million)
Figure 49. Nxp Semiconductors N.V..: Net Sales ,($Million)
Figure 50. Robert Bosch GmbH.: Net Sales ,($Million)
Figure 51. Denso Corporation.: Net Sales ,($Million)
Figure 52. Valeo SA.: Net Sales ,($Million)
Figure 53. Continental AG.: Net Sales ,($Million)
Figure 54. Infineon Technology.: Net Sales ,($Million)
Figure 55. Honeywell Inc..: Net Sales ,($Million)
Figure 56. Hella GmbH & Co. Kga.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Electric Power Steering Market," the electric power steering market was valued at $431.00 million in 2021, and is estimated to reach $777.4 million by 2031, growing at a CAGR of 6.1% from 2022 to 2031.

Electric power steering motors are the primary piece of hardware that makes highly automated driving possible. To track the torque drivers apply to the steering wheels, these sensors are mostly used in electric power steering system. The electronic control unit calculates how much steering help the electric motor requires based on the data acquired by these sensors. The development of autonomous vehicle driving systems has been fueled by emerging technologies.

Government measures aimed at improving fuel consumption efficiency have fueled the expansion of the electric power steering industry. Furthermore, the electric power steering market growth is likely to be fueled by a shift toward higher EV adoption rates throughout the forecasted timeframe. However, widespread torque sensor failure and the high costs associated with EPS systems compared to regular steering systems are expected to stifle electric power steering market size. On the other hand, an increase in the number of commercial vehicle applications of electric power steering sensors, as well as increased reliability in automotive software and electrical/electronic architecture, are expected to provide potential growth opportunities for the electric power steering (EPS) market during the forecast period.

According to the electric power steering market analysis, the passenger vehicles segment was the highest contributor in 2021, due to a surge in adoption of electric power steering (EPS) sensor solutions among individuals from low-class to high-class. Ascending regulatory policies have been helping the column-type segments to penetrate the maximum share in terms of electric power steering market share.

The outbreak of COVID-19 has significantly impacted the growth of the electric power steering market, owing ta o significant impact on prime market players. Conversely, a rise in demand for low-fuel consuming and zero carbon-emitting technologies such as electric power steering motor solutions is anticipated to drive the market post-pandemic. And as a result, the high adoption of hybrid vehicles has been expected to shape the electric power steering market trends.

The electric power steering market share is expected to witness considerable growth, owing to an increase in demand for next-generation electric power steering units, and the rising application of such sensors and units in both commercial and passenger vehicles in the U.S., UK, Germany China, Japan, and South Korea, due to rise in demand for enhanced automotive driving technologies in these country-wise, China holds a significant share in the electric power steering market, developing vehicle manufacturing, efficiency as well as the ability to conduct research & development, as well as new improvements in terms of consumer happiness and engine performance. Therefore, the adoption of this EPS sensor in prime sectors has strengthened the growth of the electric power steering market in the region.

Key Findings of the Study

  • The steering angle sensor electric power steering segment is projected to register a CAGR of 5.77% from 2022 to 2031.
  • The column type electric power steering segment is anticipated to expand at a healthy CAGR from 2022 to 2031.
  • Asia-Pacific was the highest revenue contributor in 2021, and is estimated to continue its dominance by 2031, with a CAGR of 6.26%.
  • The key players profiled in the report include Robert Bosch GmbH, DENSO Corporation, Valeo S.A., Continental AG, Infineon Technology, Honeywell Inc., HELLA GmbH & Co. Kga Sensata Technologies, TT Electronics Plc. and NXP Semiconductors. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the electric power steering market.

Companies Mentioned

  • Sensata Technologies, Inc.
  • Tt Electronics plc
  • Nxp Semiconductors N.V.
  • Robert Bosch GmbH
  • Denso Corporation
  • Valeo Sa
  • Continental AG
  • Infineon Technology
  • Honeywell Inc.
  • Hella GmbH & Co. Kga

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages202
PublishedAugust 2022
Forecast Period2021 - 2031
Estimated Market Value ( USD ) in 2021 $ 431 million
Forecasted Market Value ( USD ) by 2031 $ 777.4 million
Compound Annual Growth Rate6.1%
Regions CoveredGlobal
No. of Companies Mentioned10

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