Electric Power Steering Market

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Electric Power Steering Market by Component, Type (CEPS, PEPS, REPS), Mechanism (Collapsible, Rigid), Motor Type, Application, Off-Highway (Construction, Agricultural), EV (BEV, PHEV, HEV), EV Gear Type, and Region - Global Forecast to 2026

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Report Code: AT 5951 Aug, 2021, by marketsandmarkets.com

[267 Pages Report] The global electric power steering market is estimated to be USD 25.2 billion in 2021 and is projected to grow at a CAGR of 5.0% during the forecast period to, USD 32.2 billion by 2026. The key growth drivers for the market are the increasing number of government norms and mandates related to fuel-efficient technologies, measures taken by OEMs worldwide to reduce the weight and complexity of their vehicles, and the globally increasing vehicle production.

Electric Power Steering Market

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Asia Pacific is estimated to lead the electric power steering market during the forecast period, followed by North America and Europe. The North American and European markets are set to attain maturity as the majority of the vehicles in these regions are equipped with electric power steering system. These markets are therefore expected to grow at a steady pace during the forecast period.

COVID-19 Impact on Electric Power Steering Market:

The COVID-19 pandemic had a severe impact on the entire automotive industry. The European automotive industry has been severely impacted by the pandemic and, according to the ACEA (European Automobile Manufacturers Association), the automotive sector in the EU suffered production losses amounting to 3.6 million vehicles worth around USD 110.6 billion, during the first half of 2020 alone. Considering the North American market, according to Boston Consulting Group (BCG), despite encouraging reports on vaccine development, numerous risks remain, and the US will not rebound to pre-COVID levels until 2023 at the earliest. This scenario is expected to affect electric power steering system market as the growth of this market is directly related to the production of vehicles.

Market Dynamics of Electric Power Steering Market

Drivers of the electric power steering market: Global measures by OEMs to reduce complexity and weight of vehicles

Over the last few years, OEMs have shifted focus from hydraulic to electric power steering systems in the interests of reduced complexity and increased efficiency. EPS systems use an electric motor instead of a hydraulic pump to provide steering assistance and thus help to reduce the weight of the vehicle. Electronic sensors calculate the amount of steering force being applied by the driver and, with the help of an electric motor, the force is amplified to make steering easier

Restraints of the electric power steering market: High cost and lack of steering feel

Despite the high demand for electric power steering systems, this market still experiences certain obstacles. The higher cost of EPS as compared to traditional steering systems and lack of steering feel can hinder the growth of the market.

Opporunities for the electric power steering market: Penetration in commercial vehicles

Presently, the power steering market of commercial vehicles is dominated by hydraulic power steering (HPS), which has a complicated structure, consumes high power, leaks easily, and is difficult to control. EPS offers the advantages of adjustable power, good steering, low fuel consumption, and no pollution. Therefore, it would gradually be used in commercial vehicles.

Threats for the electric power steering market: Maintaining market against steer-by-wire technology

The steering market in the automotive industry is continuously evolving with the changing dynamics of this industry. With the advent of autonomous vehicles, OEMs are innovating their conventional steering system. Steer-by-wire technology is one such innovation that will replace the entire steering system in an autonomous vehicle. This type of steering system will remove the steering linkage of a traditional electric power steering system.

“Asia Pacific is estimated to be the fastest growing electric power steering market”

The electric power steering market for Asia Pacific is estimated to grow at the highest CAGR during the forecast period. High volume markets with increased demand for electronic and fuel efficient systems in passenger cars make Asia Pacific the largest and fastest growing market for electric power steering. Also, the existing and upcoming vehicle emission regulations in developing countries will further drive the market growth in the region.

Electric Power Steering Market by Region

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Key Market Players

The market share analysis of the key industry players has been conducted based on factors such as the company’s overall revenue, segmental revenue, product portfolio, market presence, and recent developments. The chapter also highlights the key growth strategies adopted by market players from 2018 to 2020. The electric power steering market is dominated by a few globally established players such as JTEKT (Japan), Nexteer (US), Robert Bosch (Germany), ZF (Germany), and NSK (Japan). These companies develop new products, adopt expansion strategies, obtain supply contracts, establish joint ventures, and enter into agreements to gain traction in the electric power steering market.

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Scope of the Report

Electric Power Steering Market, By Components

  • Steering column
  • Sensors
  • Steering gear
  • Mechanical rack and pinion
  • Electronic control unit
  • Electric motor
  • Bearing

Electric Power Steering Market, By Electric Motor 

  • Brush motor
  • Brushless motor

Electric Power Steering Market, By Application

  • Passenger Cars (PC)
  • Commercial Vehicles (CV)

Electric Power Steering Market, By Off Highway Application

  • Construction equipment
  • Agricultural equipment

Electric Power Steering Market, By Electric Vehicle

  • BEV
  • PHEV
  • FCEV

Electric Power Steering Market, By EV Gear Type

  • Worm Gear
  • Ball Screw

Electric Power Steering Market, By Type

  • Rack assist type (REPS)
  • Colum assist type (CEPS)
  • Pinion assist type (PEPS)

Electric Power Steering Market, By Mechanism

  • Rigid
  • Collapsible

Electric Power Steering Market, By Region

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World

Recent Developments

  • In October 2020, BorgWarner acquired Delphi Technologies in a USD 3.3 billion stock deal. The deal is expected to strengthen BorgWarner’s electronics and power electronics product portfolio, capabilities, and scale, creating a leader in electrified propulsion.
  • In May 2020, ZF Friedrichshafen AG acquired WABCO in a USD 7 billion deal. WABCO is now integrated into ZF as its Commercial Vehicle Control Systems Division, and ZF and WABCO will form global integrated systems for commercial vehicle technology. WABCO and ZF had earlier partnered for developing systems such as Evasive Maneuver Assist for collision mitigation in commercial vehicles. WABCO had also been a critical supplier of braking systems to ZF.
  • In January 2020, JTEKT acquired shares of Yutaka Seimitsu Kogyo Ltd. from Toyota Motor Corporation (Toyota). Yutaka manufactures automotive parts and sells gears for general machines. The aim of the deal is to strengthen the competitiveness of Toyota and JTEKT’s core driveline operations. Going forward, all Yutaka operations related to drive components will be transferred from Toyota to JTEKT.
  • In June 2019, Nexteer opened its new facility in liudong new district, Liuzhou, China. this new 12,000 square meter plant will provide customers with ceps (column-assist electric power steering) systems, related technologies, and services. the establishment of the new plant will boost Nexteer’s manufacturing capacity in the Asia pacific region to meet the growing demand for electric power steering systems in the Chinese and Asia pacific markets.
  • In November 2018, NSK Ltd. joint venture, Rane NSK Steering Systems Pvt. Ltd., established a new plant in Gujarat (India) to produce electric power steering (EPS) systems. The plant is spread across 18,000 square meters of land size and has a floor space of 5,200 square meters. The investment is a part of the company’s strategic plan to achieve growth. The company will manufacture 250,000 units of electric power steering annually.
  • In October 2018, Tenneco acquired Federal-Mogul LLC, a leading global supplier to original equipment manufacturers and the aftermarket. The transaction will result in the creation of two new product-focused companies with strong portfolios. The deal will create synergy between the companies and accelerates long-term value creation.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 27)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 MARKET SCOPE
          FIGURE 1 MARKET SEGMENTS OF THE ELECTRIC POWER STEERING MARKET
           1.3.1 YEARS CONSIDERED IN THE REPORT
    1.4 PACKAGE SIZE
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 32)
    2.1 RESEARCH DATA
          FIGURE 2 ELECTRIC POWER STEERING MARKET: RESEARCH DESIGN
          FIGURE 3 RESEARCH DESIGN MODEL
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key secondary sources
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
           2.1.3 PRIMARY PARTICIPANTS
    2.2 MARKET ESTIMATION METHODOLOGY
          FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
    2.3 MARKET SIZE ESTIMATION
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 6 ELECTRIC POWER STEERING MARKET: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 7 ELECTRIC POWER STEERING MARKET: TOP-DOWN APPROACH
           2.3.3 RESEARCH DESIGN AND METHODOLOGY
                    FIGURE 8 RESEARCH APPROACH: ELECTRIC POWER STEERING MARKET
           2.3.4 DEMAND-SIDE APPROACH
    2.4 DATA TRIANGULATION
          FIGURE 9 DATA TRIANGULATION
    2.5 FACTOR ANALYSIS
           2.5.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND- AND SUPPLY-SIDE
    2.6 RESEARCH ASSUMPTIONS
    2.7 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 46)
    FIGURE 10 ELECTRIC POWER STEERING MARKET: ASIA PACIFIC TO BE THE LARGEST MARKET DURING THE FORECAST PERIOD
    FIGURE 11 ELECTRIC POWER STEERING MARKET, BY TYPE (USD MILLION)
    FIGURE 12 ELECTRIC POWER STEERING MARKET, BY MECHANISM (USD MILLION)
    FIGURE 13 ELECTRIC POWER STEERING MARKET, BY ELECTRIC VEHICLE (USD MILLION)
    FIGURE 14 ELECTRIC POWER STEERING MARKET, BY ELECTRIC MOTOR TYPE (USD MILLION)

4 PREMIUM INSIGHTS (Page No. - 50)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE ELECTRIC POWER STEERING MARKET
          FIGURE 15 ATTRACTIVE OPPORTUNITIES IN THE ELECTRIC POWER STEERING MARKET, 2021 VS. 2026 (USD BILLION)
    4.2 ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          FIGURE 16 ASIA PACIFIC IS EXPECTED TO LEAD THE ELECTRIC POWER STEERING MARKET DURING THE FORECAST PERIOD
    4.3 ELECTRIC POWER STEERING MARKET, BY TYPE, 2021 VS. 2026 (USD MILLION)
          FIGURE 17 THE COLUMN ASSIST EPS IS EXPECTED TO LEAD THE ELECTRIC POWER STEERING MARKET
    4.4 ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
          FIGURE 18 THE PASSENGER CARS SEGMENT IS EXPECTED TO LEAD THE ELECTRIC POWER STEERING MARKET
    4.5 ELECTRIC POWER STEERING MARKET, BY COMPONENT, 2021 VS. 2026 (USD MILLION)
          FIGURE 19 STEERING GEAR COMPONENT IS EXPECTED TO HAVE THE HIGHEST MARKET SHARE IN THE ELECTRIC POWER STEERING MARKET
    4.6 ELECTRIC POWER STEERING MARKET, BY MECHANISM, 2021 VS. 2026 (USD MILLION)
          FIGURE 20 COLLAPSIBLE STEERING COLUMN IS EXPECTED TO LEAD THE ELECTRIC POWER STEERING MARKET, BY MECHANISM
    4.7 ELECTRIC POWER STEERING MARKET, BY ELECTRIC MOTOR, 2021 VS. 2026 (USD MILLION)
          FIGURE 21 EVEN THOUGH THE BRUSHED MOTOR HAS THE HIGHEST MARKET VALUE CURRENTLY, BRUSHLESS MOTOR SHOWS A PROMISING GROWTH BY 2025 IN THE ELECTRIC POWER STEERING MARKET, BY ELECTRIC MOTOR
    4.8 ELECTRIC POWER STEERING MARKET, BY ELECTRIC VEHICLE, 2021 VS. 2026 (USD MILLION)
          FIGURE 22 HYBRID ELECTRIC VEHICLE SEGMENT IS EXPECTED TO LEAD THE ELECTRIC POWER STEERING MARKET, BY ELECTRIC VEHICLE TYPE
    4.9 ELECTRIC POWER STEERING MARKET, BY OFF-HIGHWAY APPLICATION, 2021 VS 2026 (USD MILLION)
          FIGURE 23 AGRICULTURAL EQUIPMENT MARKET IS EXPECTED TO LEAD THE ELECTRIC POWER STEERING MARKET

5 MARKET OVERVIEW (Page No. - 55)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 24 ELECTRIC POWER STEERING: MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Regulatory push towards efficient technologies
                                FIGURE 25 GLOBAL EMISSION REGULATIONS FOR LIGHT-DUTY VEHICLES, BY COUNTRY, 2014–2025
                    5.2.1.2 Global measures by OEMs to reduce complexity and weight of vehicles
                                TABLE 1 MASS REDUCTION BY USE OF LIGHTWEIGHT MATERIAL
                    5.2.1.3 Increasing vehicle production
                                TABLE 2 GLOBAL LIGHT VEHICLE SALES FORECAST, BY REGION, 2020-2023 (MILLION UNITS)
           5.2.2 RESTRAINTS
                    5.2.2.1 Higher cost of EPS as compared to traditional steering systems
                    5.2.2.2 Lack of steering feel
                    5.2.2.3 Limited load-bearing capacity of EPS systems
                                TABLE 3 STEERING RACK FORCE LIMIT, BY PASSENGER CAR
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Adoption of steer-by-wire technology
                                FIGURE 26 WORKING OF STEER-BY-WIRE TECHNOLOGY
                                FIGURE 27 ADVANTAGES AND DISADVANTAGES OF STEER-BY-WIRE
                                FIGURE 28 PROS AND CONS OF STEER-BY-WIRE SYSTEMS
                    5.2.3.2 Penetration in commercial vehicles
                    5.2.3.3 Enabling ADAS features in EPS
           5.2.4 CHALLENGES
                    5.2.4.1 Maintaining market against steer-by-wire technology
                    5.2.4.2 Autonomous vehicles without steering wheels
                    5.2.4.3 Failure of EPS system subcomponents
    5.3 MACRO-INDICATOR ANALYSIS
           5.3.1 INTRODUCTION
           5.3.2 MACRO INDICATORS INFLUENCING THE ELECTRIC POWER STEERING MARKET FOR TOP 3 COUNTRIES
                    5.3.2.1 China
                                FIGURE 29 CHINA: RISING GDP PPP IS EXPECTED TO DRIVE THE ELECTRIC POWER STEERING MARKET DURING THE FORECAST PERIOD
                    5.3.2.2 US
                                FIGURE 30 US: GNI PER CAPITA IS EXPECTED TO PLAY A CRUCIAL ROLE OWING TO INCREASE IN MANUFACTURING EMPLOYMENT
                    5.3.2.3 Germany
                                FIGURE 31 GERMANY: PURCHASING POWER OF CUSTOMERS IS EXPECTED TO DRIVE THE ELECTRIC POWER STEERING MARKET
    5.4 PORTER’S FIVE FORCES ANALYSIS
          FIGURE 32 PORTER’S FIVE FORCES ANALYSIS: PRESENCE OF ESTABLISHED GLOBAL PLAYERS INCREASES THE DEGREE OF COMPETITION
           5.4.1 THREAT OF SUBSTITUTES
           5.4.2 THREAT OF NEW ENTRANTS
           5.4.3 BARGAINING POWER OF BUYERS
           5.4.4 BARGAINING POWER OF SUPPLIERS
           5.4.5 RIVALRY AMONG EXISTING COMPETITORS
    5.5 EPS ECOSYSTEM
    5.6 SUPPLY CHAIN ANALYSIS
          FIGURE 33 SUPPLY CHAIN ANALYSIS OF ELECTRIC POWER STEERING MARKET
           5.6.1 AUTOMOTIVE ELECTRIC POWER STEERING SYSTEM MARKET: SUPPLY CHAIN
    5.7 PATENT ANALYSIS
           5.7.1 APPLICATIONS AND PATENTS GRANTED, 2019
    5.8 INTRODUCTION TO COVID-19
           5.8.1 IMPACT OF COVID-19 ON THE AUTOMOTIVE INDUSTRY
           5.8.2 OEM ANNOUNCEMENTS
                    TABLE 4 OEM ANNOUNCEMENTS
           5.8.3 IMPACT ON AUTOMOTIVE PRODUCTION
    5.9 ELECTRIC POWER STEERING MARKET, SCENARIOS (2020–2026)
          FIGURE 34 ELECTRIC POWER STEERING MARKET – FUTURE TRENDS AND SCENARIO, 2021–2026 (USD MILLION)
           5.9.1 MOST LIKELY SCENARIO
                    TABLE 5 MOST LIKELY SCENARIO, BY REGION, 2021–2026 (USD MILLION)
           5.9.2 OPTIMISTIC SCENARIO
                    TABLE 6 OPTIMISTIC SCENARIO, BY REGION, 2021–2026 (USD MILLION)
           5.9.3 PESSIMISTIC SCENARIO
                    TABLE 7 PESSIMISTIC SCENARIO, BY REGION, 2021–2026 (USD MILLION)

6 INDUSTRY TRENDS (Page No. - 74)
    6.1 TECHNOLOGY OVERVIEW
          FIGURE 35 THE EVOLUTION OF EPS SYSTEM (2005-2030)
    6.2 ADAS FEATURES: AUTOMATED STEERING SYSTEM
          FIGURE 36 ROADMAP OF ADAS FOR TOP 3 NATIONS (2013–2030)
    6.3 STEER-BY-WIRE (SBW): CUTTING EDGE OF STEERING SYSTEM
          FIGURE 37 REACH OF SBW IN AUTOMATED STEERING SYSTEM MARKET
           6.3.1 TYPES OF SBW TECHNOLOGY
                    6.3.1.1 Type I
                    6.3.1.2 Type II
                    6.3.1.3 Type III
                                FIGURE 38 THREE TYPES OF STEER-BY-WIRE
    6.4 FAIL SAFE MECHANISM
          TABLE 8 FAIL SAFE MECHANISM OF EPS SYSTEM

7 ELECTRIC POWER STEERING MARKET, BY COMPONENT (Page No. - 79)
    7.1 INTRODUCTION
          FIGURE 39 ELECTRIC POWER STEERING MARKET, BY COMPONENT, 2021 VS. 2026 (USD MILLION)
          TABLE 9 ELECTRIC POWER STEERING MARKET, BY COMPONENT, 2018–2020 (USD MILLION)
          TABLE 10 ELECTRIC POWER STEERING MARKET, BY COMPONENT, 2021–2026 (USD MILLION)
    7.2 STEERING COLUMN
          FIGURE 40 STEERING COLUMN: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 11 STEERING COLUMN: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 12 STEERING COLUMN: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
          TABLE 13 STEERING COLUMN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 14 STEERING COLUMN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    7.3 SENSORS
          FIGURE 41 SENSORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 15 SENSORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 16 SENSORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
          TABLE 17 SENSORS: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 18 SENSORS: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    7.4 STEERING GEAR
          FIGURE 42 STEERING GEAR: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 19 STEERING GEAR: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 20 STEERING GEAR: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
          TABLE 21 STEERING GEAR: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 22 STEERING GEAR: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    7.5 MECHANICAL RACK AND PINION
          FIGURE 43 MECHANICAL RACK AND PINION: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 23 MECHANICAL RACK AND PINION: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 24 MECHANICAL RACK AND PINION: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
          TABLE 25 MECHANICAL RACK AND PINION: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 26 MECHANICAL RACK AND PINION: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    7.6 ELECTRONIC CONTROL UNIT (ECU)
          FIGURE 44 ELECTRONIC CONTROL UNIT: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 27 ELECTRONIC CONTROL UNIT: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 28 ELECTRONIC CONTROL UNIT: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
          TABLE 29 ELECTRONIC CONTROL UNIT: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 30 ELECTRONIC CONTROL UNIT: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    7.7 ELECTRIC MOTOR
          FIGURE 45 ELECTRIC MOTOR: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 31 ELECTRIC MOTOR: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 32 ELECTRIC MOTOR: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
          TABLE 33 ELECTRIC MOTOR: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 34 ELECTRIC MOTOR: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    7.8 BEARINGS
          FIGURE 46 BEARINGS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 35 BEARINGS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 36 BEARINGS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
          TABLE 37 BEARINGS: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 38 BEARINGS: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    7.9 KEY INDUSTRY INSIGHTS

8 ELECTRIC POWER STEERING MARKET, BY OFF-HIGHWAY VEHICLES (Page No. - 98)
    8.1 INTRODUCTION
          FIGURE 47 ELECTRIC POWER STEERING MARKET, BY OFF-HIGHWAY VEHICLES, 2021 VS. 2026 (USD MILLION)
          TABLE 39 ELECTRIC POWER STEERING MARKET, BY OFF-HIGHWAY VEHICLES, 2021–2026 (THOUSAND UNITS)
          TABLE 40 ELECTRIC POWER STEERING MARKET, BY OFF-HIGHWAY VEHICLES, 2021–2026 (USD MILLION)
    8.2 AGRICULTURAL EQUIPMENT
          FIGURE 48 AGRICULTURAL EQUIPMENT: ELECTRIC POWER STEERING MARKET SIZE, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 41 AGRICULTURAL EQUIPMENT: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
          TABLE 42 AGRICULTURAL EQUIPMENT: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
    8.3 CONSTRUCTION EQUIPMENT
          FIGURE 49 CONSTRUCTION EQUIPMENT: ELECTRIC POWER STEERING MARKET, BY REGION, 2026 (USD MILLION)
          TABLE 43 CONSTRUCTION EQUIPMENT: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
          TABLE 44 CONSTRUCTION EQUIPMENT: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
    8.4 KEY INDUSTRY INSIGHTS

9 ELECTRIC POWER STEERING MARKET, BY ELECTRIC MOTOR TYPE (Page No. - 104)
    9.1 INTRODUCTION
          FIGURE 50 ELECTRIC POWER STEERING MARKET, BY ELECTRIC MOTOR TYPE, 2021 VS. 2026 (USD MILLION)
          TABLE 45 ELECTRIC POWER STEERING MARKET, BY ELECTRIC MOTOR TYPE, 2018–2020 (MILLION UNITS)
          TABLE 46 ELECTRIC POWER STEERING MARKET, BY ELECTRIC MOTOR TYPE, 2021–2026 (MILLION UNITS)
          TABLE 47 ELECTRIC POWER STEERING MARKET, BY ELECTRIC MOTOR TYPE, 2018–2020 (USD MILLION)
          TABLE 48 ELECTRIC POWER STEERING MARKET, BY ELECTRIC MOTOR TYPE, 2021–2026 (USD MILLION)
    9.2 BRUSHED DC MOTORS
          FIGURE 51 BRUSHED DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 49 BRUSHED DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (MILLION UNITS)
          TABLE 50 BRUSHED DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
          TABLE 51 BRUSHED DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 52 BRUSHED DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
    9.3 BRUSHLESS DC MOTORS
          FIGURE 52 BRUSHLESS DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
          TABLE 53 BRUSHLESS DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION 2018–2020 (MILLION UNITS)
          TABLE 54 BRUSHLESS DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
          TABLE 55 BRUSHLESS DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 56 BRUSHLESS DC MOTORS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
    9.4 KEY INDUSTRY INSIGHTS

10 ELECTRIC POWER STEERING MARKET, BY APPLICATION (Page No. - 112)
     10.1 INTRODUCTION
             FIGURE 53 ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
             TABLE 57 ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
             TABLE 58 ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
             TABLE 59 ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION USD)
             TABLE 60 ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION USD)
     10.2 PASSENGER CARS
             FIGURE 54 PASSENGER CARS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 61 PASSENGER CARS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (MILLION UNITS)
             TABLE 62 PASSENGER CARS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
             TABLE 63 PASSENGER CARS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 64 PASSENGER CARS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
     10.3 COMMERCIAL VEHICLES
             FIGURE 55 COMMERCIAL VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 65 COMMERCIAL VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION 2018–2020 (MILLION UNITS)
             TABLE 66 COMMERCIAL VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
             TABLE 67 COMMERCIAL VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 68 COMMERCIAL VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
     10.4 KEY INDUSTRY INSIGHTS

11 ELECTRIC POWER STEERING MARKET, BY ELECTRIC VEHICLE (Page No. - 120)
     11.1 INTRODUCTION
     11.2 ASIA PACIFIC
     11.3 EUROPE
     11.4 NORTH AMERICA:
             FIGURE 56 ELECTRIC POWER STEERING MARKET, BY ELECTRIC VEHICLE, 2021 VS. 2026 (USD MILLION)
             TABLE 69 ELECTRIC POWER STEERING MARKET, BY ELECTRIC VEHICLE, 2018–2020 (THOUSAND UNITS)
             TABLE 70 ELECTRIC POWER STEERING MARKET, BY ELECTRIC VEHICLE, 2021–2026 (THOUSAND UNITS)
             TABLE 71 ELECTRIC POWER STEERING MARKET, BY ELECTRIC VEHICLE, 2018–2020 (USD MILLION)
             TABLE 72 ELECTRIC POWER STEERING MARKET, BY ELECTRIC VEHICLE, 2021–2026 (USD MILLION)
     11.5 BATTERY ELECTRIC VEHICLE (BEV)
             FIGURE 57 BATTERY ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 73 BATTERY ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION 2018–2020 (THOUSAND UNITS)
             TABLE 74 BATTERY ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
             TABLE 75 BATTERY ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 76 BATTERY ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
             11.5.1 ASIA PACIFIC
                        TABLE 77 ASIA PACIFIC: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
                        TABLE 78 ASIA PACIFIC: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
                        TABLE 79 ASIA PACIFIC: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 80 ASIA PACIFIC: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             11.5.2 EUROPE
                        TABLE 81 EUROPE: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
                        TABLE 82 EUROPE: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
                        TABLE 83 EUROPE: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 84 EUROPE: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             11.5.3 NORTH AMERICA
                        TABLE 85 NORTH AMERICA: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
                        TABLE 86 NORTH AMERICA: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
                        TABLE 87 NORTH AMERICA: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 88 NORTH AMERICA: BEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
     11.6 PLUG-IN HYBRID ELECTRIC VEHICLES (PHEV)
             FIGURE 58 PLUG-IN HYBRID ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 89 PLUG-IN HYBRID ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
             TABLE 90 PLUG-IN HYBRID ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
             TABLE 91 PLUG-IN HYBRID ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 92 PLUG-IN HYBRID ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
             11.6.1 ASIA PACIFIC
                        TABLE 93 ASIA PACIFIC: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
                        TABLE 94 ASIA PACIFIC: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
                        TABLE 95 ASIA PACIFIC: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 96 ASIA PACIFIC: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             11.6.2 EUROPE
                        TABLE 97 EUROPE: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
                        TABLE 98 EUROPE: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
                        TABLE 99 EUROPE: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 100 EUROPE: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             11.6.3 NORTH AMERICA
                        TABLE 101 NORTH AMERICA: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
                        TABLE 102 NORTH AMERICA: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
                        TABLE 103 NORTH AMERICA: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 104 NORTH AMERICA: PHEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
     11.7 FUEL CELL ELECTRIC VEHICLES (FCEV)
             FIGURE 59 FUEL CELL ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 105 FUEL CELL ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
             TABLE 106 FUEL CELL ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
             TABLE 107 FUEL CELL ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 108 FUEL CELL ELECTRIC VEHICLES: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
             11.7.1 ASIA PACIFIC
                        TABLE 109 ASIA PACIFIC: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
                        TABLE 110 ASIA PACIFIC: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
                        TABLE 111 ASIA PACIFIC: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 112 ASIA PACIFIC: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             11.7.2 EUROPE
                        TABLE 113 EUROPE: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
                        TABLE 114 EUROPE: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
                        TABLE 115 EUROPE: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 116 EUROPE: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             11.7.3 NORTH AMERICA
                        TABLE 117 NORTH AMERICA: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
                        TABLE 118 NORTH AMERICA: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
                        TABLE 119 NORTH AMERICA: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 120 NORTH AMERICA: FCEV ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)

12 ELECTRIC POWER STEERING MARKET FOR ELECTRIC VEHICLE, BY GEAR TYPE (Page No. - 148)
     12.1 INTRODUCTION
     12.2 BATTERY ELECTRIC VEHICLE (BEV)
             TABLE 121 WORM GEAR: ELECTRIC POWER STEERING MARKET FOR BATTERY ELECTRIC VEHICLE, BY REGION, 2018–2020 (THOUSAND UNITS)
             TABLE 122 WORM GEAR: ELECTRIC POWER STEERING MARKET FOR BATTERY ELECTRIC VEHICLE, BY REGION, 2021–2026 (THOUSAND UNITS)
             TABLE 123 BALL SCREW: ELECTRIC POWER STEERING MARKET FOR BATTERY ELECTRIC VEHICLE, BY REGION, 2018–2020 (THOUSAND UNITS)
             TABLE 124 BALL SCREW: ELECTRIC POWER STEERING MARKET FOR BATTERY ELECTRIC VEHICLE, BY REGION, 2021–2026 (THOUSAND UNITS)
     12.3 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)
             TABLE 125 WORM GEAR: ELECTRIC POWER STEERING MARKET FOR PLUG-IN HYBRID ELECTRIC VEHICLE, BY REGION, 2018–2020 (THOUSAND UNITS)
             TABLE 126 WORM GEAR: ELECTRIC POWER STEERING MARKET FOR PLUG-IN HYBRID ELECTRIC VEHICLE, BY REGION, 2021–2026 (THOUSAND UNITS)
             TABLE 127 BALL SCREW: ELECTRIC POWER STEERING MARKET FOR PLUG-IN HYBRID ELECTRIC VEHICLE, BY REGION, 2018–2020 (THOUSAND UNITS)
             TABLE 128 BALL SCREW: ELECTRIC POWER STEERING MARKET FOR PLUG-IN HYBRID ELECTRIC VEHICLE, BY REGION, 2021–2026 (THOUSAND UNITS)
     12.4 CONCLUSION

13 ELECTRIC POWER STEERING MARKET, BY TYPE (Page No. - 154)
     13.1 INTRODUCTION
             FIGURE 60 ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD MILLION)
             TABLE 129 ELECTRIC POWER STEERING MARKET, BY TYPE, 2018–2020 (MILLION UNITS)
             TABLE 130 ELECTRIC POWER STEERING MARKET, BY TYPE, 2021–2026 (MILLION UNITS)
             TABLE 131 ELECTRIC POWER STEERING MARKET, BY TYPE, 2018–2020 (USD MILLION)
             TABLE 132 ELECTRIC POWER STEERING MARKET, BY TYPE, 2021–2026 (USD MILLION)
     13.2 C-EPS
             FIGURE 61 C-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 133 C-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (MILLION UNITS)
             TABLE 134 C-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
             TABLE 135 C-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 136 C-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
     13.3 P-EPS
             FIGURE 62 P-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 137 P-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (MILLION UNITS)
             TABLE 138 P-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
             TABLE 139 P-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 140 P-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
     13.4 R-EPS
             FIGURE 63 R-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 141 R-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (MILLION UNITS)
             TABLE 142 R-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
             TABLE 143 R-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 144 R-EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
     13.5 KEY INDUSTRY INSIGHTS

14 ELECTRIC POWER STEERING MARKET, BY MECHANISM (Page No. - 164)
     14.1 INTRODUCTION
             FIGURE 64 ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2021 VS. 2026 (USD MILLION)
             TABLE 145 ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018–2020 (MILLION UNITS)
             TABLE 146 ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2021–2026 (MILLION UNITS)
             TABLE 147 ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018–2020 (USD MILLION)
             TABLE 148 ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2021–2026 (USD MILLION)
     14.2 COLLAPSIBLE EPS
             FIGURE 65 COLLAPSIBLE EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS 2026 (USD MILLION)
             TABLE 149 COLLAPSIBLE EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (MILLION UNITS)
             TABLE 150 COLLAPSIBLE EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
             TABLE 151 COLLAPSIBLE EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 152 COLLAPSIBLE EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
     14.3 RIGID EPS
             FIGURE 66 RIGID EPS: ELECTRIC POWER STEERING MARKET SIZE, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 153 RIGID EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (MILLION UNITS)
             TABLE 154 RIGID EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
             TABLE 155 RIGID EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 156 RIGID EPS: ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
     14.4 KEY INDUSTRY INSIGHTS

15 ELECTRIC POWER STEERING MARKET, BY REGION (Page No. - 172)
     15.1 INTRODUCTION
             FIGURE 67 ELECTRIC POWER STEERING MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
             TABLE 157 ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (MILLION UNITS)
             TABLE 158 ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (MILLION UNITS)
             TABLE 159 ELECTRIC POWER STEERING MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 160 ELECTRIC POWER STEERING MARKET, BY REGION, 2021–2026 (USD MILLION)
     15.2 ASIA PACIFIC
             FIGURE 68 ASIA PACIFIC: ELECTRIC POWER STEERING MARKET SNAPSHOT
             TABLE 161 ASIA PACIFIC: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (MILLION UNITS)
             TABLE 162 ASIA PACIFIC: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (MILLION UNITS)
             TABLE 163 ASIA PACIFIC: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
             TABLE 164 ASIA PACIFIC: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             15.2.1 CHINA
                        TABLE 165 CHINA: VEHICLE PRODUCTION DATA, 2018-2020 (THOUSAND UNITS)
                        TABLE 166 CHINA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 167 CHINA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 168 CHINA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 169 CHINA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.2.2 INDIA
                        TABLE 170 INDIA: VEHICLE PRODUCTION DATA, 2018-2020 (THOUSAND UNITS)
                        TABLE 171 INDIA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 172 INDIA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 173 INDIA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 174 INDIA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.2.3 JAPAN
                        TABLE 175 JAPAN: VEHICLE PRODUCTION DATA, 2018-2020 (THOUSAND UNITS)
                        TABLE 176 JAPAN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 177 JAPAN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 178 JAPAN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 179 JAPAN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.2.4 SOUTH KOREA
                        TABLE 180 SOUTH KOREA: VEHICLE PRODUCTION DATA, 2018-2020 (THOUSAND UNITS)
                        TABLE 181 SOUTH KOREA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 182 SOUTH KOREA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 183 SOUTH KOREA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 184 SOUTH KOREA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
     15.3 EUROPE
             FIGURE 69 EUROPE: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021 VS. 2026 (USD MILLION)
             TABLE 185 EUROPE: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (MILLION UNITS)
             TABLE 186 EUROPE: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (MILLION UNITS)
             TABLE 187 EUROPE: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
             TABLE 188 EUROPE: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             15.3.1 GERMANY
                        TABLE 189 GERMANY: VEHICLE PRODUCTION DATA, 2018-2020 (THOUSAND UNITS)
                        TABLE 190 GERMANY: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 191 GERMANY: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 192 GERMANY: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 193 GERMANY: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.3.2 ITALY
                        TABLE 194 ITALY: VEHICLE PRODUCTION DATA, 2018-2020 (THOUSAND UNITS)
                        TABLE 195 ITALY: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 196 ITALY: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 197 ITALY: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 198 ITALY: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.3.3 FRANCE
                        TABLE 199 FRANCE: VEHICLE PRODUCTION DATA, 2018-2020 (THOUSAND UNITS)
                        TABLE 200 FRANCE: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 201 FRANCE: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 202 FRANCE: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 203 FRANCE: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.3.4 SPAIN
                        TABLE 204 SPAIN: VEHICLE PRODUCTION DATA, 2018-2020 (THOUSAND UNITS)
                        TABLE 205 SPAIN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 206 SPAIN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 207 SPAIN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 208 SPAIN: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.3.5 UK
                        TABLE 209 UK: VEHICLE PRODUCTION DATA, 2018–2020 (THOUSAND UNITS)
                        TABLE 210 UK: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 211 UK: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 212 UK: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 213 UK: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
     15.4 NORTH AMERICA
             FIGURE 70 NORTH AMERICA: ELECTRIC POWER STEERING MARKET SNAPSHOT
             TABLE 214 NORTH AMERICA: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (MILLION UNITS)
             TABLE 215 NORTH AMERICA: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (MILLION UNITS)
             TABLE 216 NORTH AMERICA: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
             TABLE 217 NORTH AMERICA: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             15.4.1 US
                        TABLE 218 US: VEHICLE PRODUCTION DATA, 2018–2020 (THOUSAND UNITS)
                        TABLE 219 US: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 220 US: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 221 US: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 222 US: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.4.2 CANADA
                        TABLE 223 CANADA: VEHICLE PRODUCTION DATA, 2018–2020 (THOUSAND UNITS)
                        TABLE 224 CANADA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 225 CANADA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 226 CANADA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 227 CANADA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.4.3 MEXICO
                        TABLE 228 MEXICO: VEHICLE PRODUCTION DATA, 2018–2020 (THOUSAND UNITS)
                        TABLE 229 MEXICO: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 230 MEXICO: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 231 MEXICO: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 232 MEXICO: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
     15.5 REST OF THE WORLD (ROW)
             FIGURE 71 REST OF THE WORLD: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021 VS. 2026 (USD MILLION)
             TABLE 233 REST OF THE WORLD: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (THOUSAND UNITS)
             TABLE 234 REST OF THE WORLD: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
             TABLE 235 REST OF THE WORLD: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
             TABLE 236 REST OF THE WORLD: ELECTRIC POWER STEERING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
             15.5.1 BRAZIL
                        TABLE 237 BRAZIL: VEHICLE PRODUCTION DATA, 2018-2020 (THOUSAND UNITS)
                        TABLE 238 BRAZIL: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 239 BRAZIL: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 240 BRAZIL: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 241 BRAZIL: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.5.2 RUSSIA
                        TABLE 242 RUSSIA: VEHICLE PRODUCTION DATA, 2018–2020 (THOUSAND UNITS)
                        TABLE 243 RUSSIA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 244 RUSSIA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 245 RUSSIA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 246 RUSSIA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             15.5.3 SOUTH AFRICA
                        TABLE 247 SOUTH AFRICA: VEHICLE PRODUCTION DATA, 2018–2020 (THOUSAND UNITS)
                        TABLE 248 SOUTH AFRICA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (MILLION UNITS)
                        TABLE 249 SOUTH AFRICA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (MILLION UNITS)
                        TABLE 250 SOUTH AFRICA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 251 SOUTH AFRICA: ELECTRIC POWER STEERING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)

16 COMPETITIVE LANDSCAPE (Page No. - 209)
     16.1 OVERVIEW
             FIGURE 72 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE ELECTRIC POWER STEERING MARKET, 2018–2020
     16.2 MARKET RANKING ANALYSIS
             TABLE 252 ELECTRIC POWER STEERING MARKET RANKING: 2020
     16.3 COMPETITIVE SITUATION & TRENDS
             16.3.1 NEW PRODUCT LAUNCHES
                        TABLE 253 NEW PRODUCT LAUNCHES, 2018–2020
             16.3.2 DEALS
                        TABLE 254 DEALS, 2018-2020
             16.3.3 OTHERS
                        TABLE 255 OTHERS, 2018–2020

17 COMPANY PROFILES (Page No. - 214)
(Business overview, Products offered, Recent developments & MnM View)*
     17.1 KEY PLAYERS
             17.1.1 JTEKT
                        TABLE 256 JTEKT: BUSINESS OVERVIEW
                        FIGURE 73 COMPANY SNAPSHOT: JTEKT
             17.1.2 NEXTEER
                        TABLE 257 NEXTEER: BUSINESS OVERVIEW
                        FIGURE 74 SNAPSHOT: NEXTEER
             17.1.3 ZF
                        TABLE 258 ZF: BUSINESS OVERVIEW
                        FIGURE 75 COMPANY SNAPSHOT: ZF
             17.1.4 ROBERT BOSCH
                        TABLE 259 ROBERT BOSCH: BUSINESS OVERVIEW
                        FIGURE 76 COMPANY SNAPSHOT: ROBERT BOSCH
             17.1.5 NSK
                        TABLE 260 NSK: BUSINESS OVERVIEW
                        FIGURE 77 COMPANY SNAPSHOT: NSK
             17.1.6 HYUNDAI MOBIS
                        TABLE 261 HYUNDAI MOBIS: BUSINESS OVERVIEW
                        FIGURE 78 COMPANY SNAPSHOT: HYUNDAI MOBIS
             17.1.7 BORGWARNER
                        TABLE 262 BORGWARNER: BUSINESS OVERVIEW
                        FIGURE 79 COMPANY SNAPSHOT: BORGWARNER
             17.1.8 THYSSENKRUPP
                        TABLE 263 THYSSENKRUPP: BUSINESS OVERVIEW
                        FIGURE 80 COMPANY SNAPSHOT: THYSSENKRUPP
             17.1.9 MITSUBISHI ELECTRIC
                        TABLE 264 MITSUBISHI ELECTRIC: BUSINESS OVERVIEW
                        FIGURE 81 COMPANY SNAPSHOT: MITSUBISHI ELECTRIC
             17.1.10 TENNECO
                        TABLE 265 TENNECO: BUSINESS OVERVIEW
                        FIGURE 82 COMPANY SNAPSHOT: TENNECO
             17.1.11 MANDO CORPORATION
                        TABLE 266 MANDO CORPORATION: BUSINESS OVERVIEW
                        FIGURE 83 COMPANY SNAPSHOT: MANDO CORPORATION
             17.1.12 HYCET TECHNOLOGY CO., LTD
                        TABLE 267 HYCET TECHNOLOGY CO., LTD: BUSINESS OVERVIEW
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     17.2 OTHER KEY PLAYERS
             17.2.1 MAVAL INDUSTRIES
                        TABLE 268 MAVAL INDUSTRIES: BUSINESS OVERVIEW
             17.2.2 MVO GMBH
                        TABLE 269 MVO GMBH: BUSINESS OVERVIEW
             17.2.3 GSS STEERING SYSTEMS LLC
                        TABLE 270 GSS STEERING SYSTEMS LLC: BUSINESS OVERVIEW
             17.2.4 PAILTON ENGINEERING
                        TABLE 271 PAILTON ENGINEERING: BUSINESS OVERVIEW
             17.2.5 ROLLAX GMBH & CO. KG
                        TABLE 272 ROLLAX GMBH & CO. KG: BUSINESS OVERVIEW
             17.2.6 HUAYU AUTOMOTIVE SYSTEMS COMPANY LIMITED
                        TABLE 273 HUAYU AUTOMOTIVE SYSTEMS COMPANY LIMITED: BUSINESS OVERVIEW
             17.2.7 DENSO CORPORATION
                        TABLE 274 DENSO CORPORATION: BUSINESS OVERVIEW

18 ADJACENT MARKETS (Page No. - 251)
     18.1 INTRODUCTION
             TABLE 275 ADJACENT MARKETS OF ELECTRIC POWER STEERING MARKET
     18.2 LIMITATIONS
     18.3 AUTOMOTIVE STEERING SYSTEM MARKET
             18.3.1 MARKET DEFINITION
             18.3.2 INCLUSIONS & EXCLUSIONS
             18.3.3 MARKET OVERVIEW
                        TABLE 276 AUTOMOTIVE STEERING SYSTEM MARKET, BY REGION, 2018–2025 (THOUSAND UNITS)
                        TABLE 277 AUTOMOTIVE STEERING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
     18.4 AUTOMOTIVE SUSPENSION MARKET
             18.4.1 MARKET DEFINITION
             18.4.2 INCLUSIONS & EXCLUSIONS
             18.4.3 MARKET OVERVIEW
                        FIGURE 84 AUTOMOTIVE SUSPENSION MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
                        TABLE 278 AUTOMOTIVE SUSPENSION MARKET, BY REGION, 2018–2020 (THOUSAND UNITS)
                        TABLE 279 AUTOMOTIVE SUSPENSION MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
                        TABLE 280 AUTOMOTIVE SUSPENSION MARKET, BY REGION, 2018–2020 (USD MILLION)
                        TABLE 281 AUTOMOTIVE SUSPENSION MARKET, BY REGION, 2021–2026 (USD MILLION)
     18.5 AUTOMOTIVE TRACTION MOTOR MARKET
             18.5.1 INCLUSIONS & EXCLUSIONS
                        TABLE 282 INCLUSIONS & EXCLUSIONS FOR AUTOMOTIVE TRACTION MOTOR MARKET
             18.5.2 MARKET OVERVIEW
                        FIGURE 85 AUTOMOTIVE TRACTION MOTOR MARKET, BY REGION, 2021 VS. 2026
                        TABLE 283 AUTOMOTIVE TRACTION MOTOR MARKET, BY REGION, 2018–2026 (THOUSAND UNITS)
                        TABLE 284 AUTOMOTIVE TRACTION MOTOR MARKET, BY REGION, 2018–2026 (USD MILLION)

19 APPENDIX (Page No. - 260)
     19.1 INSIGHTS OF INDUSTRY EXPERTS
     19.2 DISCUSSION GUIDE
     19.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
     19.4 AVAILABLE CUSTOMIZATIONS
     19.5 RELATED REPORTS
     19.6 AUTHOR DETAILS

The electric power steering market is valued at USD 25.2 billion in 2021 and is projected to grow at a CAGR of 5.0% during the forecast period, USD 32.2 billion by 2026

In this study, 2020 has been considered the base year, and 2021 to 2026 the forecast period, for estimating the market size of the electric power steering market. The market report analyzes and forecasts the market size, in terms of volume (million units) and value (USD million), for passenger cars and commercial vehicles. It also forecasts the market size, in terms of volume (thousand units) and value (USD million), for electric vehicles. The report segments the electric power steering market and forecasts its size, by volume and value, based on application, component type, mechanism type, motor type, electric vehicle type, type of EPS, off-highway type, and region. The report provides a detailed analysis of various forces acting in the market including drivers, restraints, opportunities, and challenges. It strategically profiles key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.

The research methodology used in the report involves various secondary sources such as Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA). Experts from related industries and suppliers have been interviewed to understand the future trends of the electric power steering market. Both, bottom-up and top-down approaches have been used to estimate and validate the size of the global electric power steering market. The market size, by volume, is derived by identifying the region-wise production volumes and analyzing the demand trends. The market size, by value, is derived by adding the average selling price of individual components of the electric power steering system and multiplying the same with the volume of electric power steering in that region.

The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.

Electric Power Steering Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the electric power steering market consists of manufacturers such as Robert Bosch (Germany), JTEKT (Japan) and research institutes such as the Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).

Target Audience

  • Electric power steering manufacturers for passenger cars, light commercial vehicles, and heavy commercial vehicles
  • Automobile manufacturers
  • Electric power steering design companies
  • Automobile organizations/associations
  • Electric power steering suppliers
  • Raw material suppliers for electric power steering
  • Traders and distributors of electric power steering
  • Automotive parts manufacturers
  • Tier 1, Tier 2, and Tier 3 suppliers
  • Distributors and suppliers of automotive components/parts

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  • Detailed analysis and profiling of additional regions (up to 3)
  • Detailed analysis of an additional variant of electric power steering (only 1)
  • Detailed analysis of component segment by country
  • Detailed analysis of motor type segment by country
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