電動パワーステアリング市場：タイプ別、部品別、メカニズム別、技術別、車種別、用途別-2025～2030年の世界予測

電動パワーステアリング市場の2023年の市場規模は258億6,000万米ドルで、2024年には273億3,000万米ドルに達すると予測され、CAGR 5.99％で成長し、2030年には388億7,000万米ドルに達すると予測されています。

電動パワーステアリング（EPS）は、従来の油圧式パワーステアリングに代わり、電気モーターを使用してドライバーの操舵を補助する先進的システムです。EPSシステムは、ステアリングコラムまたはラック＆ピニオンに組み込まれ、効率を高め、燃費の向上、可変ステアリングアシスト、メンテナンス要件の低減などの利点を記載しています。EPSの必要性は、自動車産業の電動化へのシフトと、低排出ガスで低燃費の自動車への需要の高まりによって強調されています。EPSの用途は幅広く、乗用車、商用車、オフハイウェイ車など様々な車種にまたがり、OEMとアフターマーケットサービスの両方に対応しています。EVの普及に伴い、電気自動車とEPSの技術的相乗効果により、最終用途の範囲が拡大しています。市場成長は、燃費効率に関する厳しい政府規制、自動車生産の増加、センサーやマイクロコントローラ技術の進歩といった要因に大きく影響されます。新たなビジネス機会は、自律走行システムとEPSの統合や、信頼性を高めるためのフェイルセーフシステムの開発にあります。しかし、初期コストの高さ、潜在的なサイバーセキュリティリスク、大規模な研究開発努力を必要とするEPSシステムの複雑な性質といった課題が、市場の成長を妨げています。技術革新の主要セグメントには、適応ステアリングのための先進的アルゴリズム、システム重量を軽減するための軽量材料、他の車両システムとの統合性を高めるための電子インターフェースの強化などがあります。こうした機会を生かすため、企業は技術統合のためのパートナーシップに注力し、EPSシステムの市場浸透を拡大するための費用対効果の高いソリューションの研究開発に投資すべきです。急速な技術進歩や消費者の嗜好の変化を特徴とする市場のダイナミックな性質を考慮すると、企業は競合を維持するために、市場動向に積極的なアプローチを採用し、技術プロバイダーとのコラボレーションを促進すべきです。

市場力学：急速に進化する電動パワーステアリング市場の主要市場洞察を公開

電動パワーステアリング市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的意思決定、新たなビジネス機会の獲得を行うことができます。これらの動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができるとともに、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

• 市場促進要因
  • 自動車セクターにおけるBEVの生産台数と採用台数の増加
  • EPSシステムの採用を後押しする電気自動車とハイブリッド車の普及拡大
  • エネルギー効率の高い自動運転車やハイブリッド車の普及拡大
• 市場抑制要因
  • 電動パワーステアリングホイールの予備部品の高コスト
• 市場機会
  • BEV用EPSシステム最適化のための研究開発投資
  • 電動パワーステアリングホイールの新製品開発
• 市場課題
  • EPS誤装着によるリコール懸念の高まり

ポーターのファイブフォース：電動パワーステアリング市場をナビゲートする戦略ツール

ポーターのファイブフォースフレームワークは、市場情勢の競合情勢を理解するための重要なツールです。ポーターのファイブフォースフレームワークは、企業の競合を評価し、戦略的機会を探るための明確な手法を記載しています。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これら洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することで、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析：電動パワーステアリング市場における外部からの影響の把握

外部マクロ環境要因は、電動パワーステアリング市場の業績力学を形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を記載しています。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析：電動パワーステアリング市場における競合情勢の把握

電動パワーステアリング市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、セグメント化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的意思決定を行うために必要な知見を得ることができます。

FPNVポジショニングマトリックス：電動パワーステアリング市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、電動パワーステアリング市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限によってベンダーを明確かつ正確にセグメント化し、戦略目標に最適なパートナーやソリューションを特定することができます。

戦略分析と推奨：電動パワーステアリング市場における成功への道筋を描く

電動パワーステアリング市場の戦略分析は、世界市場でのプレゼンス強化を目指す企業にとって不可欠です。主要なリソース、能力、業績指標を見直すことで、企業は成長機会を特定し、改善に取り組むことができます。このアプローチにより、競合情勢における課題を克服し、新たなビジネス機会を活かして長期的な成功を収めるための体制を整えることができます。

本レポートでは、主要な注目セグメントを網羅した市場の包括的な分析を提供しています。

1.市場の浸透度：現在の市場環境の詳細なレビュー、主要企業による広範なデータ、市場でのリーチと全体的な影響力を評価します。

2.市場の開拓度：新興市場における成長機会を特定し、既存セグメントにおける拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを記載しています。

3.市場の多様化：最近の製品発売、未開拓の地域、産業の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報：競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発とイノベーション：将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています。

1.現在の市場規模と今後の成長予測は？

2.最高の投資機会を提供する製品、地域はどこか？

3.市場を形成する主要技術動向と規制の影響とは？

4.主要ベンダーの市場シェアと競合ポジションは？

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か？

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 自動車セグメントにおけるBEVの生産と採用の増加
    • 電気自動車やハイブリッド車の普及がEPSシステムの採用を促進
    • エネルギー効率の高い自動運転車やハイブリッドカーの人気が高まっている
  • 抑制要因
    • 電動パワーステアリングホイールのスペアパーツの高コスト
  • 機会
    • BEV向けEPSシステム最適化に向けた研究開発への投資
    • 電動パワーステアリングホイールにおける新製品の開発
  • 課題
    • EPSの不適合による車両リコールへの懸念が高まる
• 市場セグメンテーション分析
  • タイプ：自動車産業では、精密なステアリング制御のためにピニオンアシストタイプ電動パワーステアリングの使用が増加
  • 用途：車両制御の強化を目的とした自動運転車におけるEPSの需要増加
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治
  • 経済
  • 社会
  • 技術
  • 法律
  • 環境

第6章 電動パワーステアリング市場：タイプ別

• イントロダクション
• コラムアシスト電動パワーステアリング
• ピニオンアシストタイプ電動パワーステアリング
  • デュアルピニオンアシスト
  • シングルピニオンアシスト
• ラックアシスト電動パワーステアリング

第7章 電動パワーステアリング市場：部品別

• イントロダクション
• アクチュエータ
• 電動モーターとコントローラ
• センサー
  • 角度位置センサー
  • トルクセンサー
  • 車速センサー
• ハンドル

第8章 電動パワーステアリング市場：メカニズム別

• イントロダクション
• ベルト駆動
• モーター駆動

第9章 電動パワーステアリング市場：技術別

• イントロダクション
• ブラシレスモーター技術
• マイクロコントローラベースのシステム

第10章 電動パワーステアリング市場：車種別

• イントロダクション
• 商用車
  • 大型商用車
  • 小型商用車
• 乗用車
  • セダン
  • SUV

第11章 電動パワーステアリング市場：用途別

• イントロダクション
• 自動運転モビリティ
• コネクテッドモビリティ
• パワートレインシステムと電動モビリティ

第12章 南北アメリカの電動パワーステアリング市場

• イントロダクション
• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第13章 アジア太平洋の電動パワーステアリング市場

• イントロダクション
• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第14章 欧州・中東・アフリカの電動パワーステアリング市場

• イントロダクション
• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第15章 競合情勢

• 市場シェア分析、2023年
• FPNVポジショニングマトリックス、2023年
• 競合シナリオ分析
  • Nexteer Automotiveは、モジュール型ピニオンアシスト電動パワーステアリングシステムを導入するための拡大を発表
  • Volkswagen GroupとMobileyeは、高級ブランド間の先進的プラットフォーム統合により自動運転を強化するために提携
• 戦略分析と提言

企業一覧

• BorgWarner Inc.
• Continental AG
• Denso Corporation
• Georgsmarienhutte Holding GmbH
• GKN Automotive Limited
• Hitachi Astemo, Ltd.
• Hubei Henglong Auto System Group Co., Ltd.
• Hyundai Mobis Co., Ltd.
• Infineon Technologies AG
• JTEKT Corporation
• Magna International Inc.
• Mando Corporation
• Mazda Motor Corporation
• Mitsubishi Electric Corporation
• Nexteer Automotive Corporation
• Nissan Motor Co., Ltd.
• NSK Ltd.
• Renesas Electronics Corporation
• Robert Bosch GmbH
• Rollax GmbH & CO.
• ThyssenKrupp AG
• Yubei Steering System Co., Ltd.
• ZF Friedrichshafen AG

LIST OF FIGURES

• FIGURE 1. ELECTRIC POWER STEERING MARKET RESEARCH PROCESS
• FIGURE 2. ELECTRIC POWER STEERING MARKET SIZE, 2023 VS 2030
• FIGURE 3. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 4. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 5. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 6. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
• FIGURE 7. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2023 VS 2030 (%)
• FIGURE 9. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2023 VS 2030 (%)
• FIGURE 11. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 12. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
• FIGURE 13. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 14. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2030 (%)
• FIGURE 15. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 16. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
• FIGURE 17. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 18. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 19. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 20. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
• FIGURE 21. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 22. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 23. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 24. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 25. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 26. ELECTRIC POWER STEERING MARKET SHARE, BY KEY PLAYER, 2023
• FIGURE 27. ELECTRIC POWER STEERING MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

• TABLE 1. ELECTRIC POWER STEERING MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
• TABLE 3. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. ELECTRIC POWER STEERING MARKET DYNAMICS
• TABLE 7. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COLUMN-ASSIST ELECTRIC POWER STEERING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY DUAL PINION ASSIST, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY SINGLE PINION ASSIST, BY REGION, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY RACK-ASSIST ELECTRIC POWER STEERING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY ACTUATORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTORS & CONTROLLERS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY ANGLE POSITION SENSORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TORQUE SENSORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 20. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE SPEED SENSOR, BY REGION, 2018-2030 (USD MILLION)
• TABLE 21. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 22. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY STEERING WHEEL, BY REGION, 2018-2030 (USD MILLION)
• TABLE 23. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 24. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY BELT DRIVEN, BY REGION, 2018-2030 (USD MILLION)
• TABLE 25. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MOTOR DRIVEN, BY REGION, 2018-2030 (USD MILLION)
• TABLE 26. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 27. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY BRUSHLESS MOTOR TECHNOLOGIES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 28. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MICROCONTROLLER-BASED SYSTEMS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 29. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 30. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 31. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY HEAVY COMMERCIAL VEHICLES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 32. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY LIGHT COMMERCIAL VEHICLES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 33. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 34. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 35. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY SEDANS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 36. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY SUVS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 37. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 38. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 39. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY AUTOMATED MOBILITY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 40. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY CONNECTED MOBILITY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 41. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY POWERTRAIN SYSTEMS & ELECTRIFIED MOBILITY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 42. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 43. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 44. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 45. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 46. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 47. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 48. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 49. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 50. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 51. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 52. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 53. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 54. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 55. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 56. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 57. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 58. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 59. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 60. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 61. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 62. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 63. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 64. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 65. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 66. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 67. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 68. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 69. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 70. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 71. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 72. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 73. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 74. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 75. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 76. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 77. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 78. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 79. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 80. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 81. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 82. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 83. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 84. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 85. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 86. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 87. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 88. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 89. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 90. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 91. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 92. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 93. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 94. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 95. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 96. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 97. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 98. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 99. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 100. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 101. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 102. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 103. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 104. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 105. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 106. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 107. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 108. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 109. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 110. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 111. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 112. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 113. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 114. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 115. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 116. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 117. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 118. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 119. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 120. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 121. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 122. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 123. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 124. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 125. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 126. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 127. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 128. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 129. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 130. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 131. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 132. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 133. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 134. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 135. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 136. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 137. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 138. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 139. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 140. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 141. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 142. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 143. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 144. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 145. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 146. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 147. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 148. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 149. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 150. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 151. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 152. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 153. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 154. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 155. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 156. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 157. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 158. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 159. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 160. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 161. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 162. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 163. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 164. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 165. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 166. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 167. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 168. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 169. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 170. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 171. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 172. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 173. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 174. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 175. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 176. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 177. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 178. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 179. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 180. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 181. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 182. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 183. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 184. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 185. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 186. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 187. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 188. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 189. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 190. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 191. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 192. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 193. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 194. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 195. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 196. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 197. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 198. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 199. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 200. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 201. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 202. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 203. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 204. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 205. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 206. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 207. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 208. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 209. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 210. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 211. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 212. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 213. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 214. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 215. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 216. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 217. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 218. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 219. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 220. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 221. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 222. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 223. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 224. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 225. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 226. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 227. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 228. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 229. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 230. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 231. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 232. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 233. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 234. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 235. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 236. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 237. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 238. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 239. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 240. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 241. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 242. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 243. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 244. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 245. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 246. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 247. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 248. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 249. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 250. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 251. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 252. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 253. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 254. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 255. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 256. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 257. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 258. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 259. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 260. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 261. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 262. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 263. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 264. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 265. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 266. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 267. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 268. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 269. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 270. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 271. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 272. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 273. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 274. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 275. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 276. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 277. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 278. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 279. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 280. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 281. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 282. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 283. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 284. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 285. FRANCE ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 286. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 287. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 288. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 289. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 290. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 291. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 292. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 293. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 294. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 295. GERMANY ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 296. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 297. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 298. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 299. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 300. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 301. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 302. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 303. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 304. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 305. ISRAEL ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 306. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 307. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 308. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 309. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 310. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 311. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 312. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 313. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 314. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 315. ITALY ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 316. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 317. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 318. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENTS, 2018-2030 (USD MILLION)
• TABLE 319. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, 2018-2030 (USD MILLION)
• TABLE 320. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 321. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 322. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 323. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 324. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 325. NETHERLANDS ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLI

The Electric Power Steering Market was valued at USD 25.86 billion in 2023, expected to reach USD 27.33 billion in 2024, and is projected to grow at a CAGR of 5.99%, to USD 38.87 billion by 2030.

Electric Power Steering (EPS) is a sophisticated system that replaces traditional hydraulic power steering by using an electric motor to assist drivers in steering their vehicles. The EPS system is integrated into the steering column or rack and pinion, enhancing efficiency and offering benefits such as improved fuel economy, variable steering assistance, and reduced maintenance requirements. The necessity of EPS is underscored by the automotive industry's shift towards electrification and the increasing demand for fuel-efficient vehicles with lower emissions. Its application is broad, spanning various vehicle types, including passenger cars, commercial vehicles, and off-highway vehicles, while catering to both OEMs and aftermarket services. With the rise in EV adoption, the technological synergy between electric vehicles and EPS creates a robust end-use scope. Market growth is significantly influenced by factors such as stringent government regulations on fuel efficiency, growing automotive production, and advancements in sensor and microcontroller technologies. Emerging opportunities lie in the integration of EPS with autonomous driving systems and the development of fail-safe systems to enhance reliability. However, market growth is impeded by challenges like high initial costs, potential cybersecurity risks, and the complex nature of EPS systems which require extensive R&D efforts. Key areas for innovation include advanced algorithms for adaptive steering, lightweight materials to reduce system weight, and enhanced electronic interfaces for better integration with other vehicle systems. To capitalize on these opportunities, companies should focus on partnerships for technological integration and invest in R&D for cost-effective solutions to expand the market penetration of EPS systems. Given the dynamic nature of the market, characterized by rapid technological advancements and evolving consumer preferences, companies should adopt a proactive approach to market trends and foster collaboration with technology providers to stay competitive.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Electric Power Steering Market

The Electric Power Steering Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Rising production and adoption of BEVs in the automotive sector
  • Growing prevalence of electric and hybrid vehicles boosting the adoption of EPS systems
  • Increasing popularity of energy efficient self-driven vehicles and hybrid cars
• Market Restraints
  • High cost of spare parts of the electric power steering wheel
• Market Opportunities
  • Investment in research and development to optimize EPS systems for BEVs
  • Development of novel products in the electric power steering wheels
• Market Challenges
  • Rising concerns for vehicle recalls owing to EPS misfitting

Porter's Five Forces: A Strategic Tool for Navigating the Electric Power Steering Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Electric Power Steering Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Electric Power Steering Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Electric Power Steering Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Electric Power Steering Market

A detailed market share analysis in the Electric Power Steering Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Electric Power Steering Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Electric Power Steering Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Electric Power Steering Market

A strategic analysis of the Electric Power Steering Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Electric Power Steering Market, highlighting leading vendors and their innovative profiles. These include BorgWarner Inc., Continental AG, Denso Corporation, Georgsmarienhutte Holding GmbH, GKN Automotive Limited, Hitachi Astemo, Ltd., Hubei Henglong Auto System Group Co., Ltd., Hyundai Mobis Co., Ltd., Infineon Technologies AG, JTEKT Corporation, Magna International Inc., Mando Corporation, Mazda Motor Corporation, Mitsubishi Electric Corporation, Nexteer Automotive Corporation, Nissan Motor Co., Ltd., NSK Ltd., Renesas Electronics Corporation, Robert Bosch GmbH, Rollax GmbH & CO., ThyssenKrupp AG, Yubei Steering System Co., Ltd., and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Electric Power Steering Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Type, market is studied across Column-Assist Electric Power Steering, Pinion Assist Type Electric Power Steering, and Rack-Assist Electric Power Steering. The Pinion Assist Type Electric Power Steering is further studied across Dual Pinion Assist and Single Pinion Assist.
• Based on Components, market is studied across Actuators, Electric Motors & Controllers, Sensors, and Steering Wheel. The Sensors is further studied across Angle Position Sensors, Torque Sensors, and Vehicle Speed Sensor.
• Based on Mechanism, market is studied across Belt Driven and Motor Driven.
• Based on Technology, market is studied across Brushless Motor Technologies and Microcontroller-based Systems.
• Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Vehicles. The Commercial Vehicles is further studied across Heavy Commercial Vehicles and Light Commercial Vehicles. The Passenger Vehicles is further studied across Sedans and SUVs.
• Based on Application, market is studied across Automated Mobility, Connected Mobility, and Powertrain Systems & Electrified Mobility.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Rising production and adoption of BEVs in the automotive sector
    • 5.1.1.2. Growing prevalence of electric and hybrid vehicles boosting the adoption of EPS systems
    • 5.1.1.3. Increasing popularity of energy efficient self-driven vehicles and hybrid cars
  • 5.1.2. Restraints
    • 5.1.2.1. High cost of spare parts of the electric power steering wheel
  • 5.1.3. Opportunities
    • 5.1.3.1. Investment in research and development to optimize EPS systems for BEVs
    • 5.1.3.2. Development of novel products in the electric power steering wheels
  • 5.1.4. Challenges
    • 5.1.4.1. Rising concerns for vehicle recalls owing to EPS misfitting
• 5.2. Market Segmentation Analysis
  • 5.2.1. Type: Growing usage of pinion assist type electric power steering in the automotive industry owing for precise steering control
  • 5.2.2. Applications: Rising demand for EPS in autonomous vehicles for enhanced vehicle control
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Electric Power Steering Market, by Type

• 6.1. Introduction
• 6.2. Column-Assist Electric Power Steering
• 6.3. Pinion Assist Type Electric Power Steering
  • 6.3.1. Dual Pinion Assist
  • 6.3.2. Single Pinion Assist
• 6.4. Rack-Assist Electric Power Steering

7. Electric Power Steering Market, by Components

• 7.1. Introduction
• 7.2. Actuators
• 7.3. Electric Motors & Controllers
• 7.4. Sensors
  • 7.4.1. Angle Position Sensors
  • 7.4.2. Torque Sensors
  • 7.4.3. Vehicle Speed Sensor
• 7.5. Steering Wheel

8. Electric Power Steering Market, by Mechanism

• 8.1. Introduction
• 8.2. Belt Driven
• 8.3. Motor Driven

9. Electric Power Steering Market, by Technology

• 9.1. Introduction
• 9.2. Brushless Motor Technologies
• 9.3. Microcontroller-based Systems

10. Electric Power Steering Market, by Vehicle Type

• 10.1. Introduction
• 10.2. Commercial Vehicles
  • 10.2.1. Heavy Commercial Vehicles
  • 10.2.2. Light Commercial Vehicles
• 10.3. Passenger Vehicles
  • 10.3.1. Sedans
  • 10.3.2. SUVs

11. Electric Power Steering Market, by Application

• 11.1. Introduction
• 11.2. Automated Mobility
• 11.3. Connected Mobility
• 11.4. Powertrain Systems & Electrified Mobility

12. Americas Electric Power Steering Market

• 12.1. Introduction
• 12.2. Argentina
• 12.3. Brazil
• 12.4. Canada
• 12.5. Mexico
• 12.6. United States

13. Asia-Pacific Electric Power Steering Market

• 13.1. Introduction
• 13.2. Australia
• 13.3. China
• 13.4. India
• 13.5. Indonesia
• 13.6. Japan
• 13.7. Malaysia
• 13.8. Philippines
• 13.9. Singapore
• 13.10. South Korea
• 13.11. Taiwan
• 13.12. Thailand
• 13.13. Vietnam

14. Europe, Middle East & Africa Electric Power Steering Market

• 14.1. Introduction
• 14.2. Denmark
• 14.3. Egypt
• 14.4. Finland
• 14.5. France
• 14.6. Germany
• 14.7. Israel
• 14.8. Italy
• 14.9. Netherlands
• 14.10. Nigeria
• 14.11. Norway
• 14.12. Poland
• 14.13. Qatar
• 14.14. Russia
• 14.15. Saudi Arabia
• 14.16. South Africa
• 14.17. Spain
• 14.18. Sweden
• 14.19. Switzerland
• 14.20. Turkey
• 14.21. United Arab Emirates
• 14.22. United Kingdom

15. Competitive Landscape

• 15.1. Market Share Analysis, 2023
• 15.2. FPNV Positioning Matrix, 2023
• 15.3. Competitive Scenario Analysis
  • 15.3.1. Nexteer Automotive announced the expansion to introduce a Modular Pinion-Assist Electric Power Steering system
  • 15.3.2. Volkswagen Group and mobileye partnered to enhance autonomous driving with advanced platform integration across luxury brands
• 15.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. BorgWarner Inc.
• 2. Continental AG
• 3. Denso Corporation
• 4. Georgsmarienhutte Holding GmbH
• 5. GKN Automotive Limited
• 6. Hitachi Astemo, Ltd.
• 7. Hubei Henglong Auto System Group Co., Ltd.
• 8. Hyundai Mobis Co., Ltd.
• 9. Infineon Technologies AG
• 10. JTEKT Corporation
• 11. Magna International Inc.
• 12. Mando Corporation
• 13. Mazda Motor Corporation
• 14. Mitsubishi Electric Corporation
• 15. Nexteer Automotive Corporation
• 16. Nissan Motor Co., Ltd.
• 17. NSK Ltd.
• 18. Renesas Electronics Corporation
• 19. Robert Bosch GmbH
• 20. Rollax GmbH & CO.
• 21. ThyssenKrupp AG
• 22. Yubei Steering System Co., Ltd.
• 23. ZF Friedrichshafen AG