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Light 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 Light Vehicle EPS market size is expected to reach US$ 24620 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Light Vehicle EPS in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Light 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 light vehicle electric power steering system market refers to the market for products and solutions that provide electric power steering functions for light vehicles (such as small passenger cars, minivans, etc.). With the increasing requirements for environmental protection and energy conservation, as well as the rapid growth of personal travel and urban transportation, the light vehicle electric power steering system market is showing a good development trend.
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 Light 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 Light 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 Light Vehicle EPS market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Light 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 Light Vehicle EPS covered in this report include JTEKT, Bosch, Nexteer, ZF, Mobis, Thyssenkrupp and Mando, etc.
The global Light 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
Thyssenkrupp
Mando
Global Light 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 Light Vehicle EPS market, Segment by Type:
C-EPS
P-EPS
R-EPS
Global Light Vehicle EPS market, by Application
Passenger Vehicle
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 Light 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 Light 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 Light Vehicle EPS market size is expected to reach US$ 24620 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Light Vehicle EPS in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Light 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 light vehicle electric power steering system market refers to the market for products and solutions that provide electric power steering functions for light vehicles (such as small passenger cars, minivans, etc.). With the increasing requirements for environmental protection and energy conservation, as well as the rapid growth of personal travel and urban transportation, the light vehicle electric power steering system market is showing a good development trend.
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 Light 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 Light 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 Light Vehicle EPS market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Light 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 Light Vehicle EPS covered in this report include JTEKT, Bosch, Nexteer, ZF, Mobis, Thyssenkrupp and Mando, etc.
The global Light 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
Thyssenkrupp
Mando
Global Light 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 Light Vehicle EPS market, Segment by Type:
C-EPS
P-EPS
R-EPS
Global Light Vehicle EPS market, by Application
Passenger Vehicle
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 Light 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 Light 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 Light Vehicle EPS Market Overview
1.1 Light Vehicle EPS Product Overview
1.2 Light Vehicle EPS Market Segment by Type
1.2.1 C-EPS
1.2.2 P-EPS
1.2.3 R-EPS
1.3 Global Light Vehicle EPS Market Size by Type
1.3.1 Global Light Vehicle EPS Market Size Overview by Type (2018-2029)
1.3.2 Global Light Vehicle EPS Historic Market Size Review by Type (2018-2023)
1.3.3 Global Light Vehicle EPS Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Light Vehicle EPS Sales Breakdown by Type (2018-2023)
1.4.2 Europe Light Vehicle EPS Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Light Vehicle EPS Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Light Vehicle EPS Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Light Vehicle EPS Sales Breakdown by Type (2018-2023)
2 Global Light Vehicle EPS Market Competition by Company
2.1 Global Top Players by Light Vehicle EPS Sales (2018-2023)
2.2 Global Top Players by Light Vehicle EPS Revenue (2018-2023)
2.3 Global Top Players by Light Vehicle EPS Price (2018-2023)
2.4 Global Top Manufacturers Light Vehicle EPS Manufacturing Base Distribution, Sales Area, Product Type
2.5 Light Vehicle EPS Market Competitive Situation and Trends
2.5.1 Light Vehicle EPS Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Light 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 Light Vehicle EPS as of 2022)
2.7 Date of Key Manufacturers Enter into Light Vehicle EPS Market
2.8 Key Manufacturers Light Vehicle EPS Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Light Vehicle EPS Status and Outlook by Region
3.1 Global Light Vehicle EPS Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Light Vehicle EPS Historic Market Size by Region
3.2.1 Global Light Vehicle EPS Sales in Volume by Region (2018-2023)
3.2.2 Global Light Vehicle EPS Sales in Value by Region (2018-2023)
3.2.3 Global Light Vehicle EPS Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Light Vehicle EPS Forecasted Market Size by Region
3.3.1 Global Light Vehicle EPS Sales in Volume by Region (2024-2029)
3.3.2 Global Light Vehicle EPS Sales in Value by Region (2024-2029)
3.3.3 Global Light Vehicle EPS Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Light Vehicle EPS by Application
4.1 Light Vehicle EPS Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Light Vehicle EPS Market Size by Application
4.2.1 Global Light Vehicle EPS Market Size Overview by Application (2018-2029)
4.2.2 Global Light Vehicle EPS Historic Market Size Review by Application (2018-2023)
4.2.3 Global Light Vehicle EPS Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Light Vehicle EPS Sales Breakdown by Application (2018-2023)
4.3.2 Europe Light Vehicle EPS Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Light Vehicle EPS Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Light Vehicle EPS Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Light Vehicle EPS Sales Breakdown by Application (2018-2023)
5 North America Light Vehicle EPS by Country
5.1 North America Light Vehicle EPS Historic Market Size by Country
5.1.1 North America Light Vehicle EPS Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Light Vehicle EPS Sales in Volume by Country (2018-2023)
5.1.3 North America Light Vehicle EPS Sales in Value by Country (2018-2023)
5.2 North America Light Vehicle EPS Forecasted Market Size by Country
5.2.1 North America Light Vehicle EPS Sales in Volume by Country (2024-2029)
5.2.2 North America Light Vehicle EPS Sales in Value by Country (2024-2029)
6 Europe Light Vehicle EPS by Country
6.1 Europe Light Vehicle EPS Historic Market Size by Country
6.1.1 Europe Light Vehicle EPS Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Light Vehicle EPS Sales in Volume by Country (2018-2023)
6.1.3 Europe Light Vehicle EPS Sales in Value by Country (2018-2023)
6.2 Europe Light Vehicle EPS Forecasted Market Size by Country
6.2.1 Europe Light Vehicle EPS Sales in Volume by Country (2024-2029)
6.2.2 Europe Light Vehicle EPS Sales in Value by Country (2024-2029)
7 Asia-Pacific Light Vehicle EPS by Region
7.1 Asia-Pacific Light Vehicle EPS Historic Market Size by Region
7.1.1 Asia-Pacific Light Vehicle EPS Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Light Vehicle EPS Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Light Vehicle EPS Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Light Vehicle EPS Forecasted Market Size by Region
7.2.1 Asia-Pacific Light Vehicle EPS Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Light Vehicle EPS Sales in Value by Region (2024-2029)
8 Latin America Light Vehicle EPS by Country
8.1 Latin America Light Vehicle EPS Historic Market Size by Country
8.1.1 Latin America Light Vehicle EPS Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Light Vehicle EPS Sales in Volume by Country (2018-2023)
8.1.3 Latin America Light Vehicle EPS Sales in Value by Country (2018-2023)
8.2 Latin America Light Vehicle EPS Forecasted Market Size by Country
8.2.1 Latin America Light Vehicle EPS Sales in Volume by Country (2024-2029)
8.2.2 Latin America Light Vehicle EPS Sales in Value by Country (2024-2029)
9 Middle East and Africa Light Vehicle EPS by Country
9.1 Middle East and Africa Light Vehicle EPS Historic Market Size by Country
9.1.1 Middle East and Africa Light Vehicle EPS Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Light Vehicle EPS Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Light Vehicle EPS Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Light Vehicle EPS Forecasted Market Size by Country
9.2.1 Middle East and Africa Light Vehicle EPS Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Light 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 Light Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.1.4 JTEKT Light 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 Light Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bosch Light 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 Light Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Nexteer Light 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 Light Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ZF Light 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 Light Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mobis Light Vehicle EPS Products Offered
10.5.5 Mobis Recent Development
10.6 Thyssenkrupp
10.6.1 Thyssenkrupp Company Information
10.6.2 Thyssenkrupp Introduction and Business Overview
10.6.3 Thyssenkrupp Light Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Thyssenkrupp Light Vehicle EPS Products Offered
10.6.5 Thyssenkrupp Recent Development
10.7 Mando
10.7.1 Mando Company Information
10.7.2 Mando Introduction and Business Overview
10.7.3 Mando Light Vehicle EPS Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mando Light Vehicle EPS Products Offered
10.7.5 Mando Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Light 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 Light Vehicle EPS Industrial Chain Analysis
11.4 Light Vehicle EPS Market Dynamics
11.4.1 Light Vehicle EPS Industry Trends
11.4.2 Light Vehicle EPS Market Drivers
11.4.3 Light Vehicle EPS Market Challenges
11.4.4 Light Vehicle EPS Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Light Vehicle EPS Distributors
12.3 Light 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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