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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 Systems Market contains market size and forecasts of Automotive Electric Power Steering Systems in global, including the following market information:
Global Automotive Electric Power Steering Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Electric Power Steering Systems Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Electric Power Steering Systems companies in 2021 (%)
The global Automotive Electric Power Steering Systems market was valued at 29540 million in 2021 and is projected to reach US$ 51070 million by 2028, at a CAGR of 8.1% 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 Systems 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 Systems 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 Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Electric Power Steering Systems Market Segment Percentages, by Type, 2021 (%)
C-EPS
P-EPS
R-EPS
Global Automotive Electric Power Steering Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Electric Power Steering Systems Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Electric Power Steering Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Electric Power Steering Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Electric Power Steering Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Electric Power Steering Systems revenues share in global market, 2021 (%)
Key companies Automotive Electric Power Steering Systems sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Electric Power Steering Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
JTEKT
Bosch
NSK
Nexteer
ZF
Mobis
Showa
Thyssenkrupp
Mando
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