Automotive Electric Power Steering (eps) Market
Automotive Electric Power Steering (eps) Market - Global Industry Assessment & Forecast
#
Pages:
175
2024
Nov - 2024
VMR-3369
Segments Covered
By
End Use Column Type, Pinion Type, Dual Pinion Type
-
By
Type Column Type, Pinion Type, Dual Pinion Type
-
By
Component Type Steering Rack/Column, Sensor, Steering Motor, Other Component Types
-
By
Vehicle Type Passenger Car, Commercial Vehicle
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2024 |
| Forecast
Years:
|
2025 - 2034 |
 Historical
Years:
|
2019 - 2023 |
 Revenue
2024: |
USD 25.16 Billion |
 Revenue 2034:
|
USD 53.04 Billion |
 Revenue CAGR
(2025 - 2034): |
7.7% |
Fastest Growing Region (2025 -
2034)
|
XX |
Largest Region (2024):
|
XX |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2019 to 2023 |
| 3. | Forecast Data | 2025 to 2034 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Automotive Electric Power Steering (eps) in terms of revenue?
-
The global Automotive Electric Power Steering (eps) valued at USD 25.16 Billion in 2024 and is expected to reach USD 53.04 Billion in 2034 growing at a CAGR of 7.7%.
Which are the prominent players in the market?
-
The prominent players in the market are GKN PLC, Hyundai Mobis Co. Ltd., Thyssenkrupp Presta AG, Mitsubishi Electric Corporation, Nexteer Automotive, Hitachi Automotive Systems Ltd, ZF Friedrichshafen AG, Robert Bosch GmbH, Hubei Henglong Auto System Group, JTEKT Corporation, Denso Corporation, NSK Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.7% between 2025 and 2034.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Automotive Electric Power Steering (eps) include
Which region accounted for the largest share in the market?
-
XX was the leading regional segment of the Automotive Electric Power Steering (eps) in 2024.
