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Global Automobile Electric Power Steering Market Research Report 2024
Synopsis
Electronic power steering systems eliminate the need for a pump, hoses and a drive belt connected to the engine using variable amounts of power.
The global Automobile Electric Power Steering market was valued at US$ 23620 million in 2023 and is anticipated to reach US$ 37840 million by 2030, witnessing a CAGR of 6.5% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Automobile Electric Power Steering, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automobile Electric Power Steering.
Report Scope
The Automobile Electric Power Steering market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automobile Electric Power Steering market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automobile Electric Power Steering manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Bosch
JTEKT Corporation
Nexteer Automotive
NSK Limited
ZF TRW Automotive Holdings Corporation
Advanced Leading Technology Co
ZHEJIANG SHIBAO COMPANY LIMITED
Segment by Type
Column EPS，C-EPS
Pinion EPS，P-EPS
Rack EPS，R-EPS
Segment by Application
Passenger Car
Commercial Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automobile Electric Power Steering manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automobile Electric Power Steering by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automobile Electric Power Steering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Electronic power steering systems eliminate the need for a pump, hoses and a drive belt connected to the engine using variable amounts of power.
The global Automobile Electric Power Steering market was valued at US$ 23620 million in 2023 and is anticipated to reach US$ 37840 million by 2030, witnessing a CAGR of 6.5% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Automobile Electric Power Steering, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automobile Electric Power Steering.
Report Scope
The Automobile Electric Power Steering market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automobile Electric Power Steering market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automobile Electric Power Steering manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Bosch
JTEKT Corporation
Nexteer Automotive
NSK Limited
ZF TRW Automotive Holdings Corporation
Advanced Leading Technology Co
ZHEJIANG SHIBAO COMPANY LIMITED
Segment by Type
Column EPS，C-EPS
Pinion EPS，P-EPS
Rack EPS，R-EPS
Segment by Application
Passenger Car
Commercial Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automobile Electric Power Steering manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automobile Electric Power Steering by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automobile Electric Power Steering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Automobile Electric Power Steering Market Overview
1.1 Product Definition
1.2 Automobile Electric Power Steering Segment by Type
1.2.1 Global Automobile Electric Power Steering Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Column EPS，C-EPS
1.2.3 Pinion EPS，P-EPS
1.2.4 Rack EPS，R-EPS
1.3 Automobile Electric Power Steering Segment by Application
1.3.1 Global Automobile Electric Power Steering Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Car
1.3.3 Commercial Vehicle
1.4 Global Market Growth Prospects
1.4.1 Global Automobile Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Automobile Electric Power Steering Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Automobile Electric Power Steering Production Estimates and Forecasts (2019-2030)
1.4.4 Global Automobile Electric Power Steering Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Automobile Electric Power Steering Production Market Share by Manufacturers (2019-2024)
2.2 Global Automobile Electric Power Steering Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Automobile Electric Power Steering, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Automobile Electric Power Steering Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Automobile Electric Power Steering Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Automobile Electric Power Steering, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Automobile Electric Power Steering, Product Offered and Application
2.8 Global Key Manufacturers of Automobile Electric Power Steering, Date of Enter into This Industry
2.9 Automobile Electric Power Steering Market Competitive Situation and Trends
2.9.1 Automobile Electric Power Steering Market Concentration Rate
2.9.2 Global 5 and 10 Largest Automobile Electric Power Steering Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Automobile Electric Power Steering Production by Region
3.1 Global Automobile Electric Power Steering Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Automobile Electric Power Steering Production Value by Region (2019-2030)
3.2.1 Global Automobile Electric Power Steering Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Automobile Electric Power Steering by Region (2025-2030)
3.3 Global Automobile Electric Power Steering Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Automobile Electric Power Steering Production by Region (2019-2030)
3.4.1 Global Automobile Electric Power Steering Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Automobile Electric Power Steering by Region (2025-2030)
3.5 Global Automobile Electric Power Steering Market Price Analysis by Region (2019-2024)
3.6 Global Automobile Electric Power Steering Production and Value, Year-over-Year Growth
3.6.1 North America Automobile Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Automobile Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Automobile Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Automobile Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Automobile Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Automobile Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
4 Automobile Electric Power Steering Consumption by Region
4.1 Global Automobile Electric Power Steering Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Automobile Electric Power Steering Consumption by Region (2019-2030)
4.2.1 Global Automobile Electric Power Steering Consumption by Region (2019-2024)
4.2.2 Global Automobile Electric Power Steering Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Automobile Electric Power Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Automobile Electric Power Steering Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Automobile Electric Power Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Automobile Electric Power Steering Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 UK
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Automobile Electric Power Steering Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Automobile Electric Power Steering Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Automobile Electric Power Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Automobile Electric Power Steering Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Automobile Electric Power Steering Production by Type (2019-2030)
5.1.1 Global Automobile Electric Power Steering Production by Type (2019-2024)
5.1.2 Global Automobile Electric Power Steering Production by Type (2025-2030)
5.1.3 Global Automobile Electric Power Steering Production Market Share by Type (2019-2030)
5.2 Global Automobile Electric Power Steering Production Value by Type (2019-2030)
5.2.1 Global Automobile Electric Power Steering Production Value by Type (2019-2024)
5.2.2 Global Automobile Electric Power Steering Production Value by Type (2025-2030)
5.2.3 Global Automobile Electric Power Steering Production Value Market Share by Type (2019-2030)
5.3 Global Automobile Electric Power Steering Price by Type (2019-2030)
6 Segment by Application
6.1 Global Automobile Electric Power Steering Production by Application (2019-2030)
6.1.1 Global Automobile Electric Power Steering Production by Application (2019-2024)
6.1.2 Global Automobile Electric Power Steering Production by Application (2025-2030)
6.1.3 Global Automobile Electric Power Steering Production Market Share by Application (2019-2030)
6.2 Global Automobile Electric Power Steering Production Value by Application (2019-2030)
6.2.1 Global Automobile Electric Power Steering Production Value by Application (2019-2024)
6.2.2 Global Automobile Electric Power Steering Production Value by Application (2025-2030)
6.2.3 Global Automobile Electric Power Steering Production Value Market Share by Application (2019-2030)
6.3 Global Automobile Electric Power Steering Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Bosch
7.1.1 Bosch Automobile Electric Power Steering Corporation Information
7.1.2 Bosch Automobile Electric Power Steering Product Portfolio
7.1.3 Bosch Automobile Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Bosch Main Business and Markets Served
7.1.5 Bosch Recent Developments/Updates
7.2 JTEKT Corporation
7.2.1 JTEKT Corporation Automobile Electric Power Steering Corporation Information
7.2.2 JTEKT Corporation Automobile Electric Power Steering Product Portfolio
7.2.3 JTEKT Corporation Automobile Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.2.4 JTEKT Corporation Main Business and Markets Served
7.2.5 JTEKT Corporation Recent Developments/Updates
7.3 Nexteer Automotive
7.3.1 Nexteer Automotive Automobile Electric Power Steering Corporation Information
7.3.2 Nexteer Automotive Automobile Electric Power Steering Product Portfolio
7.3.3 Nexteer Automotive Automobile Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Nexteer Automotive Main Business and Markets Served
7.3.5 Nexteer Automotive Recent Developments/Updates
7.4 NSK Limited
7.4.1 NSK Limited Automobile Electric Power Steering Corporation Information
7.4.2 NSK Limited Automobile Electric Power Steering Product Portfolio
7.4.3 NSK Limited Automobile Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.4.4 NSK Limited Main Business and Markets Served
7.4.5 NSK Limited Recent Developments/Updates
7.5 ZF TRW Automotive Holdings Corporation
7.5.1 ZF TRW Automotive Holdings Corporation Automobile Electric Power Steering Corporation Information
7.5.2 ZF TRW Automotive Holdings Corporation Automobile Electric Power Steering Product Portfolio
7.5.3 ZF TRW Automotive Holdings Corporation Automobile Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.5.4 ZF TRW Automotive Holdings Corporation Main Business and Markets Served
7.5.5 ZF TRW Automotive Holdings Corporation Recent Developments/Updates
7.6 Advanced Leading Technology Co
7.6.1 Advanced Leading Technology Co Automobile Electric Power Steering Corporation Information
7.6.2 Advanced Leading Technology Co Automobile Electric Power Steering Product Portfolio
7.6.3 Advanced Leading Technology Co Automobile Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Advanced Leading Technology Co Main Business and Markets Served
7.6.5 Advanced Leading Technology Co Recent Developments/Updates
7.7 ZHEJIANG SHIBAO COMPANY LIMITED
7.7.1 ZHEJIANG SHIBAO COMPANY LIMITED Automobile Electric Power Steering Corporation Information
7.7.2 ZHEJIANG SHIBAO COMPANY LIMITED Automobile Electric Power Steering Product Portfolio
7.7.3 ZHEJIANG SHIBAO COMPANY LIMITED Automobile Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ZHEJIANG SHIBAO COMPANY LIMITED Main Business and Markets Served
7.7.5 ZHEJIANG SHIBAO COMPANY LIMITED Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Automobile Electric Power Steering Industry Chain Analysis
8.2 Automobile Electric Power Steering Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Automobile Electric Power Steering Production Mode & Process
8.4 Automobile Electric Power Steering Sales and Marketing
8.4.1 Automobile Electric Power Steering Sales Channels
8.4.2 Automobile Electric Power Steering Distributors
8.5 Automobile Electric Power Steering Customers
9 Automobile Electric Power Steering Market Dynamics
9.1 Automobile Electric Power Steering Industry Trends
9.2 Automobile Electric Power Steering Market Drivers
9.3 Automobile Electric Power Steering Market Challenges
9.4 Automobile Electric Power Steering Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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