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Global Electric Power Steering System Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

Segmented by Type;

C-EPS, R-EPS and P-EPS.

Segmented by Vehicle Type;

Passenger Vehicles, Light Commercial Vehicles and Heavy Commercial Vehicles.

Segmented by Mechanism;

Collapsible EPS and Rigid EPS.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2018 - 2028).
Report ID: Rn128316159 Published Date: November, 2022 Updated Date: December, 2022

Introduction

Global Electric Power Steering System Market (USD Million), 2018 - 2028

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2018 - 2028
2018 64.8
2019 77.7
2020 92.5
2021 94.7
2022 99.8
2023 115.1
2024 116.3
2025 131.4
2026 156.6
2027 178.4
2028 197.7

In the year 2021, the Global Electric Power Steering System Market was valued at USD 26,480.00 million. The size of this market is expected to increase to USD 39,293.22 million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Mechanism
    4. Market Snapshot, By Region
    5. Market Opportunity Map
  4. Global Electric Power Steering System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Road Accident Deaths
        2. Increase In Sale Of Ev And Luxury Vehicles
      2. Restraints
        1. High Cost As Compared To Other Steering System
      3. Opportunities
        1. Rising Adoption In Developed Countries
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Electric Power Steering System Market, By Type, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. C-EPS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. R-EPS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. P-EPS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    2. Global Electric Power Steering System Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Passenger Vehicles
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Light Commercial Vehicles
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. Heavy Commercial Vehicles
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    3. Global Electric Power Steering System Market, By Mechanism, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Collapsible EPS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Rigid EPS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    4. Global Electric Power Steering System Market, By Geography, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Mechanism, 2018 - 2028 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. Jtekt
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Zf Friedrichshafen AG
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Nexteer Automotive
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Robert Bosch Gmbh
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. Mando Corp.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      6. Continental AG
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      7. Denso Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      8. Thyssenkrupp AG
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      9. Showa Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      10. Hyundai Mobis
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

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