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Electric Power Steering Market (By Type: Rack assist type (REPS), Colum assist type (CEPS), Pinion assist type (PEPS); By Components: Steering wheel, Steering column, Sensors, Steering gear, Mechanical rack and pinion, Electronic control unit, Electric motor, Bearing; By Electric Motor: Brush motor, Brushless motor; By Application: Passenger Cars (PC), Commercial Vehicles (CV)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027

Published : Sep 2020

Report ID: ARC2133

Pages : 190

Format : Electric Power Steering Market (By Type: Rack assist type (REPS), Colum assist type (CEPS), Pinion assist type (PEPS); By Components: Steering wheel, Steering column, Sensors, Steering gear, Mechanical rack and pinion, Electronic control unit, Electric motor, Bearing; By Electric Motor: Brush motor, Brushless motor; By Application: Passenger Cars (PC), Commercial Vehicles (CV)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027

Table Of Content:

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
   1.1.1. Definition of Electric Power Steering
   1.1.2. Market Segmentation
   1.1.3. List of Abbreviations
1.2. Summary
   1.2.1. Market Snapshot
   1.2.2. Electric Power Steering Market By Type
     1.2.2.1. Global Electric Power Steering Market Revenue and Growth Rate Comparison By Type (2020-2027)
     1.2.2.2. Global Electric Power Steering Market Revenue Share By Type in 2019
     1.2.2.3. Rack assist type (REPS)
     1.2.2.4. Colum assist type (CEPS)
     1.2.2.5. Pinion assist type (PEPS)
   1.2.3. Electric Power Steering Market By Components
     1.2.3.1. Global Electric Power Steering Market Revenue and Growth Rate Comparison By Components (2020-2027)
       1.2.3.1.1. Steering wheel
       1.2.3.1.2. Steering column
       1.2.3.1.3. Sensors
       1.2.3.1.4. Steering gear
       1.2.3.1.5. Mechanical rack and pinion
       1.2.3.1.6. Electronic control unit
       1.2.3.1.7. Electric motor
       1.2.3.1.8. Bearing
   1.2.4. Electric Power Steering Market By Electric Motor
     1.2.4.1. Global Electric Power Steering Market Revenue and Growth Rate Comparison By Electric Motor (2020-2027)
     1.2.4.2. Brush motor
     1.2.4.3. Brushless motor
   1.2.5. Electric Power Steering Market By Application
     1.2.5.1. Global Electric Power Steering Market Revenue and Growth Rate Comparison By Application (2020-2027)
     1.2.5.2. Passenger Cars (PC)
     1.2.5.3. Commercial Vehicles (CV)
   1.2.6. Electric Power Steering Market By Geography
     1.2.6.1. Global Electric Power Steering Market Revenue and Growth Rate Comparison by Geography (2020-2027)
     1.2.6.2. North America Electric Power Steering Market Revenue and Growth Rate(2020-2027)
     1.2.6.3. Europe Electric Power Steering Market Revenue and Growth Rate(2020-2027)
     1.2.6.4. Asia-Pacific Electric Power Steering Market Revenue and Growth Rate(2020-2027)
     1.2.6.5. Latin America Electric Power Steering Market Revenue and Growth Rate(2020-2027)
     1.2.6.6. Middle East and Africa (MEA) Electric Power Steering Market Revenue and Growth Rate(2020-2027)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
   2.4.1. Bargaining Power of Suppliers
   2.4.2. Bargaining Power of Buyers
   2.4.3. Threat of Substitute
   2.4.4. Threat of New Entrants
   2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
   2.6.1. Raw Material and Suppliers
   2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
   2.8.1. Player Positioning Analysis
   2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Electric Power Steering Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Electric Power Steering Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Electric Power Steering Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Electric Power Steering Major Manufacturers in 2019

CHAPTER 4. Electric Power Steering MARKET By Type
4.1. Global Electric Power Steering Revenue By Type
4.2. Rack assist type (REPS)
   4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Colum assist type (CEPS)
   4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Pinion assist type (PEPS)
   4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)

CHAPTER 5. Electric Power Steering MARKET By Components
5.1. Global Electric Power Steering Revenue By Components
5.2. Steering wheel
   5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Steering column
   5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Sensors
   5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Steering gear
   5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.2. Mechanical rack and pinion
   5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Electronic control unit
   5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Electric motor
   5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Bearing
   5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)

CHAPTER 6. Electric Power Steering MARKET By Electric Motor
6.1. Global Electric Power Steering Revenue By Electric Motor
6.2. Brush motor
   6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Brushless motor
   6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)

CHAPTER 7. Electric Power Steering MARKET By Application
7.1. Global Electric Power Steering Revenue By Application
7.2. Passenger Cars (PC)
   7.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   7.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
7.3. Commercial Vehicles (CV)
   7.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
   7.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)

CHAPTER 8. NORTH AMERICA Electric Power Steering MARKET BY COUNTRY
8.1. North America Electric Power Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. North America Electric Power Steering Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. U.S.
   8.3.1. U.S. Electric Power Steering Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   8.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   8.3.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   8.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Canada
   8.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   8.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   8.4.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   8.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)

CHAPTER 9. EUROPE Electric Power Steering MARKET BY COUNTRY
9.1. Europe Electric Power Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Europe Electric Power Steering Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. UK
   9.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   9.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)   
   9.3.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   9.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Germany
   9.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   9.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   9.4.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   9.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. France
   9.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   9.5.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   9.5.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   9.5.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.6. Spain
   9.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   9.6.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   9.6.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   9.6.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.7. Rest of Europe
   9.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   9.7.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   9.7.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   9.7.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)

CHAPTER 10. ASIA-PACIFIC Electric Power Steering MARKET BY COUNTRY
10.1. Asia-Pacific Electric Power Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Asia-Pacific Electric Power Steering Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. China
   10.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   10.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   10.3.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   10.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. Japan
   10.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   10.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   10.4.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   10.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. India
   10.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   10.5.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   10.5.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   10.5.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.6. Australia
   10.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   10.6.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   10.6.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   10.6.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.7. South Korea
   10.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   10.7.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   10.7.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   10.7.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.8. Rest of Asia-Pacific
   10.8.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   10.8.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   10.8.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   10.8.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)

CHAPTER 11. LATIN AMERICA Electric Power Steering MARKET BY COUNTRY
11.1. Latin America Electric Power Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Latin America Electric Power Steering Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. Brazil
   11.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   11.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   11.3.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   11.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.4. Mexico
   11.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   11.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   11.4.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   11.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.5. Rest of Latin America
   11.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   11.5.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   11.5.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   11.5.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)

CHAPTER 12. MIDDLE EAST & AFRICA Electric Power Steering MARKET BY COUNTRY
12.1. Middle East & Africa Electric Power Steering Market Revenue and Growth Rate, 2020 - 2027 ($Million)
12.2. Middle East & Africa Electric Power Steering Market Revenue Share Comparison, 2020 & 2027 (%)
12.3. GCC
   12.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   12.3.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   12.3.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   12.3.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
12.4. South Africa
   12.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   12.4.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   12.4.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   12.4.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
12.5. Rest of Middle East & Africa
   12.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
   12.5.2. Market Revenue and Forecast By Components, 2020 - 2027 ($Million)
   12.5.3. Market Revenue and Forecast By Electric Motor, 2020 - 2027 ($Million)
   12.5.4. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)

CHAPTER 13. COMPANY PROFILE
13.1. Mitsubishi Electric Corporation
   13.1.1. Company Snapshot
   13.1.2. Overview
   13.1.3. Financial Overview
   13.1.4. Type Portfolio
   13.1.5. Key Developments
   13.1.6. Strategies
13.2. Robert Bosch Automotive Steering GmbH
   13.2.1. Company Snapshot
   13.2.2. Overview
   13.2.3. Financial Overview
   13.2.4. Type Portfolio
   13.2.5. Key Developments
   13.2.6. Strategies
13.3. ZF Friedrichshafen Group
   3.3.1. Company Snapshot
   13.3.2. Overview
   13.3.3. Financial Overview
   13.3.4. Type Portfolio
   13.3.5. Key Developments
   13.3.6. Strategies
13.4. NSK Global
   13.4.1. Company Snapshot
   13.4.2. Overview
   13.4.3. Financial Overview
   13.4.4. Type Portfolio
   13.4.5. Key Developments
   13.4.6. Strategies
13.5. Nexteer Automotive
   13.5.1. Company Snapshot
   13.5.2. Overview
   13.5.3. Financial Overview
   13.5.4. Type Portfolio
   13.5.5. Key Developments
   13.5.6. Strategies
13.6. JTEKT Corporation
   13.6.1. Company Snapshot
   13.6.2. Overview
   13.6.3. Financial Overview
   13.6.4. Type Portfolio
   13.6.5. Key Developments
   13.6.6. Strategies
13.7. thyssenkrupp Presta AG
   13.7.1. Company Snapshot
   13.7.2. Overview
   13.7.3. Financial Overview
   13.7.4. Type Portfolio
   13.7.5. Key Developments
   13.7.6. Strategies
13.8. SHOWA Corporation
   13.8.1. Company Snapshot
   13.8.2. Overview
   13.8.3. Financial Overview
   13.8.4. Type Portfolio
   13.8.5. Key Developments
   13.8.6. Strategies
13.9. Mando Corporation
   13.9.1. Company Snapshot
   13.9.2. Overview
   13.9.3. Financial Overview
   13.9.4. Type Portfolio
   13.9.5. Key Developments
   13.9.6. Strategies
13.10. Zhuzhou Elite Electro Mechanical Co. Ltd
   13.10.1. Company Snapshot
   13.10.2. Overview
   13.10.3. Financial Overview
   13.10.4. Type Portfolio
   13.10.5. Key Developments
   13.10.6. Strategies
13.11. Hyundai Mobis
   13.11.1. Company Snapshot
   13.11.2. Overview
   13.11.3. Financial Overview
   13.11.4. Type Portfolio
   13.11.5. Key Developments
   13.11.6. Strategies
13.12. Others
   13.12.1. Company Snapshot
   13.12.2. Overview
   13.12.3. Financial Overview
   13.12.4. Type Portfolio
   13.12.5. Key Developments
   13.12.6. Strategies

CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
   14.1.1. Initial Data Search
   14.1.2. Secondary Research
   14.1.3. Primary Research
14.2. Assumptions and Scope

Frequently Asked Questions

What will be the market value of electric power steering in 2027?

The market value of electric power steering is anticipated to be around US$ 45,000 Mn in 2027.

What will be the CAGR of electric power steering market?

It is anticipated to grow around 6% CAGR amid the forecast period 2020 to 2027

Which region held the maximum share of the electric power steering market?

Asia Pacific held maximum share in 2019.

Which region is projected to grow at a fastest rate during the forecast period?

Asia Pacific is projected to grow at a fast pace during forecast period from 2020 to 2027.

What is the main driver of electric power steering market?

Regulatory push towards efficient technologies is expected to drive the growth of the electric power steering market.

Which factor restrains the growth of electric power steering market?

Higher cost of EPS as compared to traditional steering systems is a major factor expected to restraint the growth of the market.

Which are the prominent players in the electric power steering market?

Mitsubishi Electric Corporation, Robert Bosch Automotive Steering GmbH, ZF Friedrichshafen Group, NSK Global, Nexteer Automotive, JTEKT Corporation, thyssenkrupp Presta AG, SHOWA Corporation, Mando Corporation, Zhuzhou Elite Electro Mechanical Co. Ltd, Hyundai Mobis, and others are the prominent players in the electric power steering market.

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