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Automotive Electronic Power Steering - Global Strategic Business Report

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    Report

  • 244 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030228
The global market for Automotive Electronic Power Steering was estimated at US$25.0 Billion in 2023 and is projected to reach US$35.3 Billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Automotive Electronic Power Steering Market - Key Trends and Drivers Summarized

What's Fueling the Shift to Automotive Electronic Power Steering?

The automotive industry is experiencing a significant transformation, and one of the key innovations at the center of this change is the widespread adoption of Electronic Power Steering (EPS) systems. Unlike traditional hydraulic power steering systems, EPS systems are powered by electric motors, offering several advantages, including better fuel efficiency, reduced emissions, and enhanced driving comfort. The shift towards EPS has been accelerated by the growing consumer demand for vehicles that offer not only performance but also energy efficiency. As the push for more sustainable automotive solutions continues, manufacturers are increasingly turning to EPS as a way to reduce the overall weight of vehicles, thereby improving fuel economy and meeting stringent emissions regulations. This transition from hydraulic to electronic systems is particularly evident in electric vehicles (EVs), where the absence of a traditional internal combustion engine makes the adoption of EPS a natural fit.

How Is Technology Reshaping the Future of Automotive Steering Systems?

The evolution of vehicle technology, particularly in the realm of advanced driver assistance systems (ADAS) and autonomous driving, is reshaping the landscape of automotive steering systems. EPS systems are now at the forefront of this transformation, as they can seamlessly integrate with ADAS technologies, providing the precision and responsiveness required for features like lane-keeping assistance, automatic parking, and collision avoidance. The development of steer-by-wire technology, which eliminates the physical connection between the steering wheel and the wheels, is another groundbreaking innovation that holds the potential to revolutionize the market. This technology offers greater flexibility in vehicle design and opens up new possibilities for autonomous driving applications, where traditional steering systems might fall short. Moreover, the growing reliance on AI and machine learning to predict and adapt to driving conditions further underscores the importance of EPS systems in future vehicle designs.

What Role Do Consumer Preferences Play in EPS Adoption?

Consumer preferences are increasingly driving the adoption of EPS systems in vehicles. Today's consumers prioritize safety, convenience, and an overall enhanced driving experience, all of which are supported by the capabilities of EPS. The growing trend towards urbanization has led to increased traffic congestion, which in turn has heightened the demand for vehicles that offer easy maneuverability and responsive steering. EPS systems are perfectly suited to meet these needs, providing drivers with precise control and reduced effort in steering, especially at low speeds. Furthermore, as consumers become more environmentally conscious, there is a noticeable shift towards electric and hybrid vehicles, both of which benefit greatly from the integration of EPS. The demand for premium vehicles, equipped with the latest technological advancements, is also contributing to the growth of the EPS market, as manufacturers strive to meet consumer expectations for performance and luxury.

What's Driving the Growth of the Automotive Electronic Power Steering Market?

The growth in the automotive electronic power steering market is driven by several factors, most notably the increasing electrification of vehicles. As the automotive industry shifts towards electric and hybrid powertrains, the demand for EPS systems continues to rise due to their compatibility with these technologies. Regulatory pressures aimed at reducing vehicle emissions are also playing a crucial role, as EPS systems contribute to lower fuel consumption and reduced environmental impact compared to traditional hydraulic systems. The advancements in ADAS and the pursuit of autonomous driving capabilities are further propelling the adoption of EPS, given the system's ability to enhance vehicle control and safety. Moreover, the ongoing trend towards vehicle lightweighting is encouraging manufacturers to replace heavier hydraulic components with lighter, more efficient electronic systems. The rising consumer expectations for safety, comfort, and advanced features in vehicles are also significant drivers of market growth, as they push OEMs to invest in and prioritize the integration of EPS systems in their vehicle offerings.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Hydraulic EPS segment, which is expected to reach US$11.3 Billion by 2030 with a CAGR of a 4.6%. The Rack Assist EPS segment is also set to grow at 4.6% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $6.6 Billion in 2023, and China, forecasted to grow at an impressive 7.6% CAGR to reach $7.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Automotive Electronic Power Steering Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Electronic Power Steering Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Automotive Electronic Power Steering Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Bosch Mobility Solutions, Hitachi Automotive Systems Ltd., JTEKT Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 42 Featured):

  • Bosch Mobility Solutions
  • Hitachi Automotive Systems Ltd.
  • JTEKT Corporation
  • KSR International Co.
  • Mando Corporation
  • Nexteer Automotive Group Ltd.
  • NSK Ltd.
  • Showa Corporation
  • Sona Koyo Steering Systems Ltd.
  • thyssenkrupp Presta AG

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Automotive Electronic Power Steering - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Consumer Demand for Fuel Efficiency Expands Addressable Market Opportunity
  • Integration of Advanced Driver Assistance Systems (ADAS) Strengthens Business Case for Electronic Power Steering
  • Growing Adoption of Electric Vehicles Accelerates Demand for High-Performance Power Steering Systems
  • Stringent Emission Regulations Drive Adoption of Electronic Power Steering Over Hydraulic Systems
  • Shift Towards Lightweight Vehicles Spurs Demand for Compact and Efficient Steering Solutions
  • Autonomous Driving Technology Throws the Spotlight on Precision and Reliability of Steering Systems
  • Increasing Focus on Vehicle Safety Generates Demand for Responsive Steering Technologies
  • Evolution of Steer-by-Wire Technology Expands Future Market Opportunities
  • 5G Connectivity in Vehicles Propels Innovation in Electronic Power Steering Systems
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Automotive Electronic Power Steering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 3: World 16-Year Perspective for Automotive Electronic Power Steering by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Hydraulic EPS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Hydraulic EPS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 6: World 16-Year Perspective for Hydraulic EPS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Column Assist EPS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Column Assist EPS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 9: World 16-Year Perspective for Column Assist EPS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Pinion Assist EPS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Pinion Assist EPS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 12: World 16-Year Perspective for Pinion Assist EPS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Rack Assist EPS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Rack Assist EPS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 15: World 16-Year Perspective for Rack Assist EPS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 18: World 16-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 19: World Automotive Electronic Power Steering Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • TABLE 23: USA Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 24: USA Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 25: USA 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 26: USA Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 27: USA Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 28: USA 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
CANADA
  • TABLE 29: Canada Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 30: Canada Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 31: Canada 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 32: Canada Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 33: Canada Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 34: Canada 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
JAPAN
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • TABLE 35: Japan Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 36: Japan Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 37: Japan 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 38: Japan Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 39: Japan Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 40: Japan 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
CHINA
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • TABLE 41: China Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 42: China Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 43: China 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 44: China Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 45: China Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 46: China 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
EUROPE
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • TABLE 47: Europe Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 48: Europe Historic Review for Automotive Electronic Power Steering by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 49: Europe 16-Year Perspective for Automotive Electronic Power Steering by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
  • TABLE 50: Europe Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 51: Europe Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 52: Europe 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 53: Europe Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 54: Europe Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 55: Europe 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
FRANCE
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • TABLE 56: France Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 57: France Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 58: France 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 59: France Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 60: France Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 61: France 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
GERMANY
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • TABLE 62: Germany Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 63: Germany Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 64: Germany 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 65: Germany Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 66: Germany Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 67: Germany 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
ITALY
  • TABLE 68: Italy Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 69: Italy Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 70: Italy 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 71: Italy Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 72: Italy Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 73: Italy 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
UNITED KINGDOM
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • TABLE 74: UK Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 75: UK Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 76: UK 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 77: UK Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 78: UK Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 79: UK 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
SPAIN
  • TABLE 80: Spain Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 81: Spain Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 82: Spain 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 83: Spain Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 84: Spain Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 85: Spain 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
RUSSIA
  • TABLE 86: Russia Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 87: Russia Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 88: Russia 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 89: Russia Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 90: Russia Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 91: Russia 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
REST OF EUROPE
  • TABLE 92: Rest of Europe Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 93: Rest of Europe Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 94: Rest of Europe 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 95: Rest of Europe Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 96: Rest of Europe Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 97: Rest of Europe 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
ASIA-PACIFIC
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • TABLE 98: Asia-Pacific Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 99: Asia-Pacific Historic Review for Automotive Electronic Power Steering by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 100: Asia-Pacific 16-Year Perspective for Automotive Electronic Power Steering by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
  • TABLE 101: Asia-Pacific Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 102: Asia-Pacific Historic Review for Automotive Electronic Power Steering by Segment - Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 103: Asia-Pacific 16-Year Perspective for Automotive Electronic Power Steering by Segment - Percentage Breakdown of Value Sales for Hydraulic EPS, Rack Assist EPS, Pinion Assist EPS and Column Assist EPS for the Years 2014, 2024 & 2030
  • TABLE 104: Asia-Pacific Recent Past, Current & Future Analysis for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 105: Asia-Pacific Historic Review for Automotive Electronic Power Steering by End-Use - Passenger Cars and Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 106: Asia-Pacific 16-Year Perspective for Automotive Electronic Power Steering by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2014, 2024 & 2030
AUSTRALIA
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Automotive Electronic Power Steering Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • Bosch Mobility Solutions
  • Hitachi Automotive Systems Ltd.
  • JTEKT Corporation
  • KSR International Co.
  • Mando Corporation
  • Nexteer Automotive Group Ltd.
  • NSK Ltd.
  • Showa Corporation
  • Sona Koyo Steering Systems Ltd.
  • thyssenkrupp Presta AG

Table Information