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Global Automotive Electric Power Steering Market Research Report 2024
Synopsis
Electric Power Steering system (EPS) is a Power Steering system that directly relies on the motor to provide auxiliary torque.
The global Automotive Electric Power Steering market was valued at US$ 21400 million in 2023 and is anticipated to reach US$ 26820 million by 2030, witnessing a CAGR of 2.8% 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 Automotive 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 Automotive Electric Power Steering.
Report Scope
The Automotive Electric Power Steering market size, estimations, and forecasts are provided in terms of output/shipments (K 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 Automotive 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 Automotive 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
JTEKToration
Robert Bosch Automotive Steering GmbH
NSK
Nexteer Automotive
ZF TRW Automotive Holdingsoration
Delphi Automotive
China Automotive Systems
Mandooration
Showaoration
Segment by Type
Column Assist EPS
Single-Pinion Assist EPS
Dual-Pinion Assist EPS
Rack Assist EPS
Segment by Application
Passenger Car
Commercial Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
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 Automotive 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 Automotive 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 Automotive 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.
Electric Power Steering system (EPS) is a Power Steering system that directly relies on the motor to provide auxiliary torque.
The global Automotive Electric Power Steering market was valued at US$ 21400 million in 2023 and is anticipated to reach US$ 26820 million by 2030, witnessing a CAGR of 2.8% 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 Automotive 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 Automotive Electric Power Steering.
Report Scope
The Automotive Electric Power Steering market size, estimations, and forecasts are provided in terms of output/shipments (K 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 Automotive 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 Automotive 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
JTEKToration
Robert Bosch Automotive Steering GmbH
NSK
Nexteer Automotive
ZF TRW Automotive Holdingsoration
Delphi Automotive
China Automotive Systems
Mandooration
Showaoration
Segment by Type
Column Assist EPS
Single-Pinion Assist EPS
Dual-Pinion Assist EPS
Rack Assist EPS
Segment by Application
Passenger Car
Commercial Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
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 Automotive 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 Automotive 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 Automotive 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 Automotive Electric Power Steering Market Overview
1.1 Product Definition
1.2 Automotive Electric Power Steering Segment by Type
1.2.1 Global Automotive Electric Power Steering Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Column Assist EPS
1.2.3 Single-Pinion Assist EPS
1.2.4 Dual-Pinion Assist EPS
1.2.5 Rack Assist EPS
1.3 Automotive Electric Power Steering Segment by Application
1.3.1 Global Automotive 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 Automotive Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Automotive Electric Power Steering Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Automotive Electric Power Steering Production Estimates and Forecasts (2019-2030)
1.4.4 Global Automotive Electric Power Steering Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Automotive Electric Power Steering Production Market Share by Manufacturers (2019-2024)
2.2 Global Automotive Electric Power Steering Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Automotive Electric Power Steering, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Automotive Electric Power Steering Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Automotive Electric Power Steering Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Automotive Electric Power Steering, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Automotive Electric Power Steering, Product Offered and Application
2.8 Global Key Manufacturers of Automotive Electric Power Steering, Date of Enter into This Industry
2.9 Automotive Electric Power Steering Market Competitive Situation and Trends
2.9.1 Automotive Electric Power Steering Market Concentration Rate
2.9.2 Global 5 and 10 Largest Automotive Electric Power Steering Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Automotive Electric Power Steering Production by Region
3.1 Global Automotive Electric Power Steering Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Automotive Electric Power Steering Production Value by Region (2019-2030)
3.2.1 Global Automotive Electric Power Steering Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Automotive Electric Power Steering by Region (2025-2030)
3.3 Global Automotive Electric Power Steering Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Automotive Electric Power Steering Production by Region (2019-2030)
3.4.1 Global Automotive Electric Power Steering Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Automotive Electric Power Steering by Region (2025-2030)
3.5 Global Automotive Electric Power Steering Market Price Analysis by Region (2019-2024)
3.6 Global Automotive Electric Power Steering Production and Value, Year-over-Year Growth
3.6.1 North America Automotive Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Automotive Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Automotive Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Automotive Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Automotive Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Automotive Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
4 Automotive Electric Power Steering Consumption by Region
4.1 Global Automotive Electric Power Steering Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Automotive Electric Power Steering Consumption by Region (2019-2030)
4.2.1 Global Automotive Electric Power Steering Consumption by Region (2019-2024)
4.2.2 Global Automotive Electric Power Steering Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Automotive Electric Power Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Automotive Electric Power Steering Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Automotive Electric Power Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Automotive Electric Power Steering Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Automotive Electric Power Steering Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Automotive 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 Automotive Electric Power Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Automotive 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 Automotive Electric Power Steering Production by Type (2019-2030)
5.1.1 Global Automotive Electric Power Steering Production by Type (2019-2024)
5.1.2 Global Automotive Electric Power Steering Production by Type (2025-2030)
5.1.3 Global Automotive Electric Power Steering Production Market Share by Type (2019-2030)
5.2 Global Automotive Electric Power Steering Production Value by Type (2019-2030)
5.2.1 Global Automotive Electric Power Steering Production Value by Type (2019-2024)
5.2.2 Global Automotive Electric Power Steering Production Value by Type (2025-2030)
5.2.3 Global Automotive Electric Power Steering Production Value Market Share by Type (2019-2030)
5.3 Global Automotive Electric Power Steering Price by Type (2019-2030)
6 Segment by Application
6.1 Global Automotive Electric Power Steering Production by Application (2019-2030)
6.1.1 Global Automotive Electric Power Steering Production by Application (2019-2024)
6.1.2 Global Automotive Electric Power Steering Production by Application (2025-2030)
6.1.3 Global Automotive Electric Power Steering Production Market Share by Application (2019-2030)
6.2 Global Automotive Electric Power Steering Production Value by Application (2019-2030)
6.2.1 Global Automotive Electric Power Steering Production Value by Application (2019-2024)
6.2.2 Global Automotive Electric Power Steering Production Value by Application (2025-2030)
6.2.3 Global Automotive Electric Power Steering Production Value Market Share by Application (2019-2030)
6.3 Global Automotive Electric Power Steering Price by Application (2019-2030)
7 Key Companies Profiled
7.1 JTEKToration
7.1.1 JTEKToration Automotive Electric Power Steering Corporation Information
7.1.2 JTEKToration Automotive Electric Power Steering Product Portfolio
7.1.3 JTEKToration Automotive Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.1.4 JTEKToration Main Business and Markets Served
7.1.5 JTEKToration Recent Developments/Updates
7.2 Robert Bosch Automotive Steering GmbH
7.2.1 Robert Bosch Automotive Steering GmbH Automotive Electric Power Steering Corporation Information
7.2.2 Robert Bosch Automotive Steering GmbH Automotive Electric Power Steering Product Portfolio
7.2.3 Robert Bosch Automotive Steering GmbH Automotive Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Robert Bosch Automotive Steering GmbH Main Business and Markets Served
7.2.5 Robert Bosch Automotive Steering GmbH Recent Developments/Updates
7.3 NSK
7.3.1 NSK Automotive Electric Power Steering Corporation Information
7.3.2 NSK Automotive Electric Power Steering Product Portfolio
7.3.3 NSK Automotive Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.3.4 NSK Main Business and Markets Served
7.3.5 NSK Recent Developments/Updates
7.4 Nexteer Automotive
7.4.1 Nexteer Automotive Automotive Electric Power Steering Corporation Information
7.4.2 Nexteer Automotive Automotive Electric Power Steering Product Portfolio
7.4.3 Nexteer Automotive Automotive Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Nexteer Automotive Main Business and Markets Served
7.4.5 Nexteer Automotive Recent Developments/Updates
7.5 ZF TRW Automotive Holdingsoration
7.5.1 ZF TRW Automotive Holdingsoration Automotive Electric Power Steering Corporation Information
7.5.2 ZF TRW Automotive Holdingsoration Automotive Electric Power Steering Product Portfolio
7.5.3 ZF TRW Automotive Holdingsoration Automotive Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.5.4 ZF TRW Automotive Holdingsoration Main Business and Markets Served
7.5.5 ZF TRW Automotive Holdingsoration Recent Developments/Updates
7.6 Delphi Automotive
7.6.1 Delphi Automotive Automotive Electric Power Steering Corporation Information
7.6.2 Delphi Automotive Automotive Electric Power Steering Product Portfolio
7.6.3 Delphi Automotive Automotive Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Delphi Automotive Main Business and Markets Served
7.6.5 Delphi Automotive Recent Developments/Updates
7.7 China Automotive Systems
7.7.1 China Automotive Systems Automotive Electric Power Steering Corporation Information
7.7.2 China Automotive Systems Automotive Electric Power Steering Product Portfolio
7.7.3 China Automotive Systems Automotive Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.7.4 China Automotive Systems Main Business and Markets Served
7.7.5 China Automotive Systems Recent Developments/Updates
7.8 Mandooration
7.8.1 Mandooration Automotive Electric Power Steering Corporation Information
7.8.2 Mandooration Automotive Electric Power Steering Product Portfolio
7.8.3 Mandooration Automotive Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Mandooration Main Business and Markets Served
7.7.5 Mandooration Recent Developments/Updates
7.9 Showaoration
7.9.1 Showaoration Automotive Electric Power Steering Corporation Information
7.9.2 Showaoration Automotive Electric Power Steering Product Portfolio
7.9.3 Showaoration Automotive Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Showaoration Main Business and Markets Served
7.9.5 Showaoration Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Automotive Electric Power Steering Industry Chain Analysis
8.2 Automotive Electric Power Steering Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Automotive Electric Power Steering Production Mode & Process
8.4 Automotive Electric Power Steering Sales and Marketing
8.4.1 Automotive Electric Power Steering Sales Channels
8.4.2 Automotive Electric Power Steering Distributors
8.5 Automotive Electric Power Steering Customers
9 Automotive Electric Power Steering Market Dynamics
9.1 Automotive Electric Power Steering Industry Trends
9.2 Automotive Electric Power Steering Market Drivers
9.3 Automotive Electric Power Steering Market Challenges
9.4 Automotive 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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