Electric Power Steering Market 2024 Competitive Insights and...

Electric Power Steering Market 2024 Competitive Insights and Precise Outlook

Posted 2024-10-31 06:37:49

The global Electric Power Steering Market size was USD 23.10 Billion in 2020 and is expected to grow to USD 39.15 Billion by 2029, at a Compound annual growth rate (CAGR) of 6.25%.

The Electric Power Steering market report presents an overview of the market on the basis of key parameters such as market size, revenue, sales analysis and key drivers. The market size of global Electric Power Steering market is anticipated to grow at large scale over the forecast period (2024-2030). The main purpose of the study report is to give users an extensive viewpoint of the market. The report exhibits both Electric Power Steering market quantitative as well as qualitative data with tables and figures displayed in the form of bar graphs, and pie charts. Key drivers as well as challenges of the market are discussed in the report. Also reports provides an in depth analysis of the Electric Power Steering market with current and future trends.

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** Note – This Electric Power Steering report sample includes:

Scope for 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by The Market Insights

List of the Top key players Influencing this Market includes:

The research study includes the current trends that are being adopted by significant market players in the Electric Power Steering markets, including the use of cutting-edge technology, government funding of R&D, and an increasing focus on sustainability.

JTEKT (Japan), Nexteer (US), Robert Bosch (Germany), ZF (Germany), and NSK (Japan).

Segmentation Analysis of the market:

The market is segmented based on the type, product and application. The segmentation helps to deliver a precise explanation of the market.

Electric Power Steering Market by Components, 2020-2029, (USD Millions)

Steering Column

Sensors

Steering Gear

Mechanical Rack and Pinion

Electronic Control Unit

Electric Motor

Bearing

Electric Power Steering Market by Electric Motor, 2020-2029, (USD Millions)

Brush Motor

Brushless Motor

Electric Power Steering Market by Application, 2020-2029, (USD Millions)

Passenger Cars (PC)

Commercial Vehicles (CV)

Electric Power Steering Market by Highway Application, 2020-2029, (USD Millions)

Construction Equipment

Agricultural Equipment

Electric Power Steering Market by Electric Vehicle, 2020-2029, (USD Millions)

BEV

PHEV

FCEV

Electric Power Steering Market by EV Gear Type, 2020-2029, (USD Millions)

Worm Gear

Ball Screw

Electric Power Steering Market by Type, 2020-2029, (USD Millions)

Rack Assist Type (REPS)

Colum Assist Type (CEPS)

Pinion Assist Type (PEPS)

Electric Power Steering Market by Mechanism, 2020-2029, (USD Millions)

Rigid

Collapsible

Electric Power Steering Market Regional Analysis:

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electric Power Steering in these regions, covering

North America (USA, Canada and Mexico)

Europe (UK, Germany, France and the Rest of Europe)

Asia Pacific (China, Japan, India, and the Rest of the Asia Pacific region)

South America (Brazil, Argentina and the Rest of South America)

Middle East and Africa (GCC and Rest of the Middle East and Africa)

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Table of Contents:

Introduction of the Global Electric Power Steering Market

Overview of the Market
Scope of Report
Assumptions

Executive Summary
Research Methodology of Market Research Intellect

Data Mining
Validation
Primary Interviews
List of Data Sources

Global Electric Power Steering Market Outlook

Overview
Market dynamics
Drivers
Restraints
Opportunities
Porters five force model
Value chain analysis

Global Electric Power Steering Market, By Product
Global Electric Power Steering Market, By Application
Global Electric Power Steering Market, By Geography

North America
Europe
Asia Pacific
Rest of the World

Global Electric Power Steering Market Competitive Landscape

Overview
Company Market Ranking
Key Development Strategies

Company Profiles
Appendix

Reasons to Purchase Electric Power Steering Market Report:

Current and future of Electric Power Steering market outlook in the developed and emerging markets.
Analysis of various perspectives of the market with the help of Porter’s five forces analysis.
The segment that is expected to dominate the Electric Power Steering
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, Electric Power Steering market shares, and strategies employed by the major market players.

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