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Download Free sampleAutomotive Electronic Power Steering System is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.
Automotive Electric Power Steering Market contains market size and forecasts of Automotive Electric Power Steering (EPS) in global, including the following market information:
The global Automotive Electric Power Steering (EPS) market was valued at 22020 million in 2021 and is projected to reach US$ 26490 million by 2028, at a CAGR of 2.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
C-EPS Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Electric Power Steering (EPS) include JTEKT, Bosch, NSK, Nexteer, ZF, Mobis, Showa, Thyssenkrupp and Mando. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Electric Power Steering (EPS) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Electric Power Steering (EPS) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Electric Power Steering (EPS) Market Segment Percentages, by Type, 2021 (%)
Global Automotive Electric Power Steering (EPS) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Electric Power Steering (EPS) Market Segment Percentages, by Application, 2021 (%)
Global Automotive Electric Power Steering (EPS) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Electric Power Steering (EPS) Market Segment Percentages, By Region and Country, 2021 (%)
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
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