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Commercial Vehicle EPS-Global Market Insights and Sales Trends 2024
Synopsis
The electric power steering is developed on the basis of the traditional mechanical steering system. It uses the power generated by the electric motor to help the driver perform steering operations. The system is mainly composed of three parts: signal sensing device (including torque sensor, steering wheel angle sensor and vehicle speed sensor), electronic control unit and steering assist mechanism (motor, clutch, reduction gear mechanism, etc.).
The global Commercial Vehicle EPS market size is expected to reach US$ 1634 million by 2029, growing at a CAGR of 1.9% from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Vehicle EPS in various end use industries. The expanding demands from the Light Commercial Vehicle and Heavy Commercial Vehicle, are propelling Commercial Vehicle EPS market. C-EPS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the P-EPS segment is estimated at % CAGR for the next seven-year period.
The commercial vehicle electric power steering system market refers to the market for products and solutions that provide electric power steering functions for commercial vehicles (such as trucks, buses, and special purpose vehicles, etc.). With the increasing demand for environmental protection and sustainable transportation, as well as the development of urban logistics and public transportation, the commercial vehicle electric power steering system market is growing rapidly.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Vehicle EPS, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Vehicle EPS market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Vehicle EPS market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Vehicle EPS sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Vehicle EPS covered in this report include JTEKT, Bosch, Nexteer, ZF, Mobis, Showa and Thyssenkrupp, etc.
The global Commercial Vehicle EPS market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
JTEKT
Bosch
Nexteer
ZF
Mobis
Showa
Thyssenkrupp
Global Commercial Vehicle EPS market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Vehicle EPS market, Segment by Type:
C-EPS
P-EPS
R-EPS
Global Commercial Vehicle EPS market, by Application
Light Commercial Vehicle
Heavy Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Vehicle EPS manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Vehicle EPS in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The electric power steering is developed on the basis of the traditional mechanical steering system. It uses the power generated by the electric motor to help the driver perform steering operations. The system is mainly composed of three parts: signal sensing device (including torque sensor, steering wheel angle sensor and vehicle speed sensor), electronic control unit and steering assist mechanism (motor, clutch, reduction gear mechanism, etc.).
The global Commercial Vehicle EPS market size is expected to reach US$ 1634 million by 2029, growing at a CAGR of 1.9% from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Vehicle EPS in various end use industries. The expanding demands from the Light Commercial Vehicle and Heavy Commercial Vehicle, are propelling Commercial Vehicle EPS market. C-EPS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the P-EPS segment is estimated at % CAGR for the next seven-year period.
The commercial vehicle electric power steering system market refers to the market for products and solutions that provide electric power steering functions for commercial vehicles (such as trucks, buses, and special purpose vehicles, etc.). With the increasing demand for environmental protection and sustainable transportation, as well as the development of urban logistics and public transportation, the commercial vehicle electric power steering system market is growing rapidly.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Vehicle EPS, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Vehicle EPS market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Vehicle EPS market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Vehicle EPS sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Vehicle EPS covered in this report include JTEKT, Bosch, Nexteer, ZF, Mobis, Showa and Thyssenkrupp, etc.
The global Commercial Vehicle EPS market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
JTEKT
Bosch
Nexteer
ZF
Mobis
Showa
Thyssenkrupp
Global Commercial Vehicle EPS market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Vehicle EPS market, Segment by Type:
C-EPS
P-EPS
R-EPS
Global Commercial Vehicle EPS market, by Application
Light Commercial Vehicle
Heavy Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Vehicle EPS manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Vehicle EPS in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Commercial Vehicle EPS Market Overview
1.1 Commercial Vehicle EPS Product Overview
1.2 Commercial Vehicle EPS Market Segment by Type
1.2.1 C-EPS
1.2.2 P-EPS
1.2.3 R-EPS
1.3 Global Commercial Vehicle EPS Market Size by Type
1.3.1 Global Commercial Vehicle EPS Market Size Overview by Type (2018-2029)
1.3.2 Global Commercial Vehicle EPS Historic Market Size Review by Type (2018-2023)
1.3.3 Global Commercial Vehicle EPS Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Commercial Vehicle EPS Sales Breakdown by Type (2018-2023)
1.4.2 Europe Commercial Vehicle EPS Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Commercial Vehicle EPS Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Commercial Vehicle EPS Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Commercial Vehicle EPS Sales Breakdown by Type (2018-2023)
2 Global Commercial Vehicle EPS Market Competition by Company
2.1 Global Top Players by Commercial Vehicle EPS Sales (2018-2023)
2.2 Global Top Players by Commercial Vehicle EPS Revenue (2018-2023)
2.3 Global Top Players by Commercial Vehicle EPS Price (2018-2023)
2.4 Global Top Manufacturers Commercial Vehicle EPS Manufacturing Base Distribution, Sales Area, Product Type
2.5 Commercial Vehicle EPS Market Competitive Situation and Trends
2.5.1 Commercial Vehicle EPS Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Commercial Vehicle EPS Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Commercial Vehicle EPS as of 2022)
2.7 Date of Key Manufacturers Enter into Commercial Vehicle EPS Market
2.8 Key Manufacturers Commercial Vehicle EPS Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Commercial Vehicle EPS Status and Outlook by Region
3.1 Global Commercial Vehicle EPS Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Commercial Vehicle EPS Historic Market Size by Region
3.2.1 Global Commercial Vehicle EPS Sales in Volume by Region (2018-2023)
3.2.2 Global Commercial Vehicle EPS Sales in Value by Region (2018-2023)
3.2.3 Global Commercial Vehicle EPS Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Commercial Vehicle EPS Forecasted Market Size by Region
3.3.1 Global Commercial Vehicle EPS Sales in Volume by Region (2024-2029)
3.3.2 Global Commercial Vehicle EPS Sales in Value by Region (2024-2029)
3.3.3 Global Commercial Vehicle EPS Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Commercial Vehicle EPS by Application
4.1 Commercial Vehicle EPS Market Segment by Application
4.1.1 Light Commercial Vehicle
4.1.2 Heavy Commercial Vehicle
4.2 Global Commercial Vehicle EPS Market Size by Application
4.2.1 Global Commercial Vehicle EPS Market Size Overview by Application (2018-2029)
4.2.2 Global Commercial Vehicle EPS Historic Market Size Review by Application (2018-2023)
4.2.3 Global Commercial Vehicle EPS Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Commercial Vehicle EPS Sales Breakdown by Application (2018-2023)
4.3.2 Europe Commercial Vehicle EPS Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Commercial Vehicle EPS Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Commercial Vehicle EPS Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Commercial Vehicle EPS Sales Breakdown by Application (2018-2023)
5 North America Commercial Vehicle EPS by Country
5.1 North America Commercial Vehicle EPS Historic Market Size by Country
5.1.1 North America Commercial Vehicle EPS Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Commercial Vehicle EPS Sales in Volume by Country (2018-2023)
5.1.3 North America Commercial Vehicle EPS Sales in Value by Country (2018-2023)
5.2 North America Commercial Vehicle EPS Forecasted Market Size by Country
5.2.1 North America Commercial Vehicle EPS Sales in Volume by Country (2024-2029)
5.2.2 North America Commercial Vehicle EPS Sales in Value by Country (2024-2029)
6 Europe Commercial Vehicle EPS by Country
6.1 Europe Commercial Vehicle EPS Historic Market Size by Country
6.1.1 Europe Commercial Vehicle EPS Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Commercial Vehicle EPS Sales in Volume by Country (2018-2023)
6.1.3 Europe Commercial Vehicle EPS Sales in Value by Country (2018-2023)
6.2 Europe Commercial Vehicle EPS Forecasted Market Size by Country
6.2.1 Europe Commercial Vehicle EPS Sales in Volume by Country (2024-2029)
6.2.2 Europe Commercial Vehicle EPS Sales in Value by Country (2024-2029)
7 Asia-Pacific Commercial Vehicle EPS by Region
7.1 Asia-Pacific Commercial Vehicle EPS Historic Market Size by Region
7.1.1 Asia-Pacific Commercial Vehicle EPS Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Commercial Vehicle EPS Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Commercial Vehicle EPS Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Commercial Vehicle EPS Forecasted Market Size by Region
7.2.1 Asia-Pacific Commercial Vehicle EPS Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Commercial Vehicle EPS Sales in Value by Region (2024-2029)
8 Latin America Commercial Vehicle EPS by Country
8.1 Latin America Commercial Vehicle EPS Historic Market Size by Country
8.1.1 Latin America Commercial Vehicle EPS Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Commercial Vehicle EPS Sales in Volume by Country (2018-2023)
8.1.3 Latin America Commercial Vehicle EPS Sales in Value by Country (2018-2023)
8.2 Latin America Commercial Vehicle EPS Forecasted Market Size by Country
8.2.1 Latin America Commercial Vehicle EPS Sales in Volume by Country (2024-2029)
8.2.2 Latin America Commercial Vehicle EPS Sales in Value by Country (2024-2029)
9 Middle East and Africa Commercial Vehicle EPS by Country
9.1 Middle East and Africa Commercial Vehicle EPS Historic Market Size by Country
9.1.1 Middle East and Africa Commercial Vehicle EPS Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Commercial Vehicle EPS Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Commercial Vehicle EPS Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Commercial Vehicle EPS Forecasted Market Size by Country
9.2.1 Middle East and Africa Commercial Vehicle EPS Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Commercial Vehicle EPS Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 JTEKT
10.1.1 JTEKT Company Information
10.1.2 JTEKT Introduction and Business Overview
10.1.3 JTEKT Commercial Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.1.4 JTEKT Commercial Vehicle EPS Products Offered
10.1.5 JTEKT Recent Development
10.2 Bosch
10.2.1 Bosch Company Information
10.2.2 Bosch Introduction and Business Overview
10.2.3 Bosch Commercial Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bosch Commercial Vehicle EPS Products Offered
10.2.5 Bosch Recent Development
10.3 Nexteer
10.3.1 Nexteer Company Information
10.3.2 Nexteer Introduction and Business Overview
10.3.3 Nexteer Commercial Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Nexteer Commercial Vehicle EPS Products Offered
10.3.5 Nexteer Recent Development
10.4 ZF
10.4.1 ZF Company Information
10.4.2 ZF Introduction and Business Overview
10.4.3 ZF Commercial Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ZF Commercial Vehicle EPS Products Offered
10.4.5 ZF Recent Development
10.5 Mobis
10.5.1 Mobis Company Information
10.5.2 Mobis Introduction and Business Overview
10.5.3 Mobis Commercial Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mobis Commercial Vehicle EPS Products Offered
10.5.5 Mobis Recent Development
10.6 Showa
10.6.1 Showa Company Information
10.6.2 Showa Introduction and Business Overview
10.6.3 Showa Commercial Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Showa Commercial Vehicle EPS Products Offered
10.6.5 Showa Recent Development
10.7 Thyssenkrupp
10.7.1 Thyssenkrupp Company Information
10.7.2 Thyssenkrupp Introduction and Business Overview
10.7.3 Thyssenkrupp Commercial Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Thyssenkrupp Commercial Vehicle EPS Products Offered
10.7.5 Thyssenkrupp Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Commercial Vehicle EPS Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Commercial Vehicle EPS Industrial Chain Analysis
11.4 Commercial Vehicle EPS Market Dynamics
11.4.1 Commercial Vehicle EPS Industry Trends
11.4.2 Commercial Vehicle EPS Market Drivers
11.4.3 Commercial Vehicle EPS Market Challenges
11.4.4 Commercial Vehicle EPS Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Commercial Vehicle EPS Distributors
12.3 Commercial Vehicle EPS Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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