Electric Power Steering Market by Component, Type (CEPS, PEPS, REPS), Mechanism (Collapsible, Rigid), Motor Type (Brushless, Brush), Application, Off Highway (Construction, Agricultural), EV (BEV, PHEV, HEV), and Region - Global Forecast to 2025
[187 Pages Report] The electric power steering market is valued at USD 23.62 billion in 2016 and is projected to grow at a CAGR of 6.27% during the forecast period, to reach USD 42.01 billion by 2025. Increasing government norms related to air emission standards and fuel efficiency of vehicles are expected to drive the electric power steering market. The rising vehicle production, growing demand for advanced safety and convenience, and increased disposable incomes worldwide are some of the other factors driving the growth of the electric power steering market. The base year considered for the study is 2016, and the forecast has been provided for the period between 2017 and 2025.
Market Dynamics of Electric Power Steering Market
Drivers
- Regulatory push towards efficient technologies
- Global measures by OEMs to reduce complexity and weight of vehicles
- Increasing vehicle production
Restraints
- Higher cost of EPS as compared to traditional steering systems
- Lack of steering feel
Opportunities
- Penetration in commercial vehicles
- Enabling ADAS features in EPS
Challenges
- Maintaining market against steer-by-wire technology
- Autonomous vehicles without steering wheels
Electric power steering with collapsible steering column drives the global electric power steering market
The collapsible steering column is a mechanism of an upper column and a lower shaft in which the lower shaft enters into a housing in the event of an accident. This column is installed in passenger cars and light commercial vehicles. The growing production of passenger cars and light commercial vehicles, as well as increasing government mandates on road safety, are the primary factors driving the growth of collapsible steering columns in EPS systems.
The following are the major objectives of the study.
- To describe and forecast the electric power steering market, in terms of value, by type, vehicle type, electric vehicle type, component and mechanism
- To describe and forecast the market, in terms of volume, by type, vehicle type, electric vehicle type, component and mechanism
- To describe and forecast the electric power steering market, in terms of value, by regionAsia Pacific (APAC), Europe, North America, and Rest of the World (RoW) along with their respective countries
- To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and challenges)
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To study the complete value chain of electric power steering
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the electric power steering ecosystem
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
- To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the electric power steering market
During this research study, major players operating in the electric power steering market in various regions have been identified, and their offerings, regional presence, and distribution channels have been analyzed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva, along with primary respondents. The entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) pertaining to the market. The figure below shows the breakdown of the primaries on the basis of the company type, designation, and region considered during the research study.
To know about the assumptions considered for the study, download the pdf brochure
The electric power steering market comprises a network of players involved in the research and product development; raw material supply; component manufacturing; distribution and sale; and post-sales services. Key players considered in the analysis of the electric power steering market are Robert Bosch (Germany), JTEKT (Japan), Nexteer (US), ZF (Germany), NSK (Japan), Delphi (UK), GKN (UK), Federal-Mogul (US), Hyundai Mobis (South Korea) and Showa Corporation (Japan).
Major Market Developments in Electric Power Steering Market
- In December 2017, ZF developed an advanced steering wheel concept for automated and HMI solutions. This new technology provides advanced gesture control through graphic displays and dynamic illumination and hands-on detection for level 3 automation and higher driver interaction.
- In September 2015, JTEKT inaugurated its production base for column units and rack units for electric power steering systems in Mexico. JTEKT established JAMX to assess demand from local Mexican automotive companies.
- In June 2017, Bosch acquired the Italian company Albertini Cesare S.p.A. which produces cast housings primarily for the automotive industry and is also a manufacturer of die-cast aluminum. The acquisition will provide Bosch with a supply of reliable cast parts for its electric steering systems. Bosch integrated Albertini into its automotive steering division.
Target Audience of Electric Power Steering Market
- Legal and regulatory authorities
- Manufacturers of electric power steering
- Raw material suppliers for electric power steering
- Traders, distributors, and suppliers of electric power steering
- Worldwide automobile associations
Electric Power Steering Market Report Scope
Electric Power Steering Market, By Components
- Steering wheel
- 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
- HEV
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
Critical questions which the report answers
- What are new application areas which the electric power steering companies are exploring?
- Which are the key players in the market and how intense is the competition?
Available Customizations of Electric Power Steering Market
Based on the given market data, MarketsandMarkets offers customizations in the reports as per the clients specific requirements. The available customization options are as follows:
- 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
The global electric power steering market is estimated to be USD 25.83 billion in 2017 and is projected to grow to USD 42.01 billion by 2025, at a CAGR of 6.27%. 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.
An electric power steering (EPS) system is an alternative to traditional steering systems such as hydraulic and electro-hydraulic systems. An EPS system uses an electric motor to assist the driver. This motor is turned on for the drivers aid only when the steering wheel is turned one way or the other, thus offering better fuel economy. The electric motor is either mounted on to the steering column or gear and applies torque to the column to help the driver in smoothly turning the steering wheel. The EPS is comparatively very light to use, which results in the seamless movement of the wheel. Being computer controlled, it is possible to insert variable assistance programs to make the steering experience safer and more enjoyable.
The electric power steering market has been segmented, on the basis of type, into column assist EPS (C-EPS), rack assist EPS (R-EPS) and pinion assist EPS (P-EPS). Rack EPS (R-EPS) is estimated to be the fastest growing segment of the electric power steering market, by type. Factors contributing to the growth of this segment include the increasing installation rate of EPS in commercial vehicles. Rack EPS (R-EPS) is mostly used in heavy commercial vehicles. Hence, the growing popularity of EPS in heavy commercial vehicles would trigger the growth of R-EPS systems.
The growth of the electric power steering market in the Asia Pacific region is expected to be driven by growing vehicle production, government regulations about vehicle emissions, rapid vehicle electrification, fuel efficiency demand, and growing disposable incomes. The governments in the Asia Pacific region are taking several initiatives to improve vehicle safety and are thus compelling OEMs to increasingly integrate safety features with the EPS system.
Electric power steering mechanisms namely, collapsible EPS and rigid EPS drive the growth of electric power steering market
Collapsible EPS
Nowadays, the use of fixed, non-adjustable steering columns is uncommon. The ability to adjust the steering wheel for height and reach is today a standard comfort requirement. Therefore, rigid steering columns have been largely replaced by electrically or mechanically adjustable steering columns. As global auto OEMs continue expanding into growing and emerging markets, the demand for collapsible steering columns is expected to increase.
The market for collapsible steering column systems has been growing rapidly over the past 2 years due to the rising sales of passenger cars, expansion of global players in developing economies, and technological advances. Rampant vehicle production in Asia Pacific is also expected to contribute to the growing collapsible EPS market.
Collapsible EPS systems are found in passenger cars and light commercial vehicles (LCVs).
Rigid EPS
The conventional design of a steering column is a rigid steering column. The steering wheel has a rigid connection to the steering shaft which is usually a single-piece item. The rigid column transfers the energy directly to the driver in the event of a crash or accident, thus, causing injury or even death.
Cost-sensitive economies such as India still use rigid steering columns in their low-cost small cars such as the Tata Nano; however, such steering columns are more popular in heavy commercial vehicles in developed economies in Europe and North America.
Critical questions the report answers:
- Where will all these developments take the industry in the mid to long term?
- What are the upcoming industry applications of electric power steering?
EPS systems lack the feel or steering feedback, which enthusiast drivers often demand, especially on performance-oriented cars. Hydraulics are well suited to amplify the steering effort due to less friction and inertia as compared to EPS, hence making it easier for the driver to maneuver the vehicle in heavy traffic, at slow speeds, or while parking the vehicle. Tuned properly, hydraulic systems are capable of providing the ultimate feel of driving to the driver. Also, as the steering systems are the drivers main source of communication with the car, distortion in understanding the steering action leads to improper steering assistance.
Key players in the electric power steering market include Robert Bosch (Germany), JTEKT (Japan), Nexteer (US), ZF (Germany), NSK (Japan), Delphi (UK), GKN (UK), Federal-Mogul (US), Hyundai Mobis (South Korea) and Showa Corporation (Japan). These players are increasingly undertaking mergers and acquisitions, and product launches to develop and introduce new technologies and products in the market.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 19)
1.1 Objectives of the Study
1.2 Electric Power Steering Market Definition
1.3 Electric Power Steering Market Scope
1.3.1 Years Considered in the Report
1.4 Currency & Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 23)
2.1 Research Data
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
2.1.2.1 Sampling Techniques & Data Collection Methods
2.1.2.2 Primary Participants
2.2 Factor Analysis
2.2.1 Demand-Side Analysis
2.2.1.1 Safety Concerns Triggering the Demand for Advanced Electric Power Steering Systems
2.2.2 Supply-Side Analysis
2.2.2.1 Growing Demand for Lightweight and Fuel-Efficient Power Steering System
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions
3 Executive Summary (Page No. - 33)
4 Premium Insights (Page No. - 38)
4.1 Electric Power Steering Market, By Region, 2017 vs 2025 (USD Million)
4.2 Electric Power Steering Market, By Type, 2017 vs 2025 (USD Million)
4.3 Electric Power Steering Market, By Region, 2017 vs 2025 (USD Million)
4.4 Electric Power Steering Market, By Application, 2017 vs 2025 (USD Million)
4.5 Electric Power Steering Market, By Components, 2017 vs 2025 (USD Million)
4.6 Electric Power Steering Market, By Mechanism, 2017 vs 2025 (USD Million)
4.7 Electric Power Steering Market, By Electric Motor, 2017 vs 2025 (USD Million)
4.8 Electric Power Steering Market, By Electric Vehicle, 2017 vs 2025 (USD Million)
4.9 Electric Power Steering Market, By Off Highway Application, 2017 vs 2025 (USD Million)
5 Market Overview (Page No. - 43)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Regulatory Push Towards Efficient Technologies
5.2.1.2 Global Measures By OEMS to Reduce Complexity and Weight of Vehicles
5.2.1.3 Increasing Vehicle Production
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
5.2.3 Opportunities
5.2.3.1 Penetration in Commercial Vehicles
5.2.3.2 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
5.3 Macro-Indicator Analysis
5.3.1 Introduction
5.3.2 Macro Indicators Influencing the this market for Top 3 Countries
5.3.2.1 China
5.3.2.2 US
5.3.2.3 Germany
6 Technology Overview (Page No. - 50)
6.1 Introduction
6.2 EPS Ecosystem
6.3 ADAS Features: Automated Steering System
6.4 Steer-By-Wire (SBW): Cutting Edge of Steering System
6.4.1 Types of SBW Technology
6.4.1.1 Type I
6.4.1.2 Type II
6.4.1.3 Type III
6.5 Fail Safe Mechanism
7 Electric Power Steering Market, By Component (Page No. - 56)
7.1 Introduction
7.2 Steering Wheel
7.3 Steering Column
7.4 Sensors
7.5 Steering Gear
7.6 Mechanical Rack and Pinion
7.7 Electronic Control Unit (ECU)
7.8 Electric Motor
7.9 Bearings
8 Electric Power Steering Market, By Off-Highway Vehicles (Page No. - 71)
8.1 Introduction
8.2 Agricultural Equipment
8.3 Construction Equipment
9 Electric Power Steering Market, By Electric Motor Type (Page No. - 77)
9.1 Introduction
9.2 Brushed Dc Motors
9.3 Brushless Dc Motors
10 Electric Power Steering Market, By Application (Page No. - 83)
10.1 Introduction
10.2 Passenger Cars
10.3 Commercial Vehicles
11 Electric Power Steering Market, By Electric Vehicle (Page No. - 89)
11.1 Introduction
11.2 Battery Electric Vehicle (BEV)
11.2.1 Asia Pacific
11.2.2 Europe
11.2.3 North America
11.2.4 Rest of the World
11.3 Plug-In Hybrid Electric Vehicles (PHEV)
11.3.1 Asia Pacific
11.3.2 Europe
11.3.3 North America
11.3.4 Rest of the World
11.4 Hybrid Electric Vehicles (HEV)
11.4.1 Asia Pacific
11.4.2 Europe
11.4.3 North America
11.4.4 Rest of the World
12 Electric Power Steering Market, By Type (Page No. - 110)
12.1 Introduction
12.2 C-EPS
12.3 P-EPS
12.4 R-EPS
13 Electric Power Steering Market, By Mechanism (Page No. - 119)
13.1 Introduction
13.2 Collapsible EPS
13.3 Rigid EPS
14 Electric Power Steering Market, By Region (Page No. - 125)
14.1 Introduction
14.2 Asia Pacific (APAC)
14.2.1 China
14.2.2 India
14.2.3 Japan
14.2.4 South Korea
14.3 Europe
14.3.1 Germany
14.3.2 Italy
14.3.3 France
14.3.4 Spain
14.3.5 UK
14.4 North America
14.4.1 US
14.4.2 Canada
14.4.3 Mexico
14.5 Rest of the World (RoW)
14.5.1 Brazil
14.5.2 Russia
14.5.3 South Africa
15 Competitive Landscape (Page No. - 146)
15.1 Overview
15.2 Market Ranking Analysis
15.3 Competitive Situation & Trends
15.3.1 New Product Developments
15.3.2 Expansions
15.3.3 Mergers & Acquisitions
15.3.4 Supply Contracts/Partnerships/Collaborations
16 Competitive Profiles (Page No. - 151)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
16.1 JteKT
16.2 Nexteer
16.3 ZF
16.4 Robert Bosch
16.5 NSK
16.6 Hyundai Mobis
16.7 Showa Corporation
16.8 Delphi
16.9 Thyssenkrupp
16.10 Mitsubishi Electric
16.11 GKN
16.12 Federal Mogul
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
17 Appendix (Page No. - 180)
17.1 Insights of Industry Experts
17.2 Discussion Guide
17.3 Knowledge Store: Marketsandmarkets Subscription Portal
17.4 Available Customizations
17.4.1 Detailed Analysis and Profiling of Additional Regions (Up to 3)
17.4.2 Detailed Analysis of an Additional Variant of Electric Power Steering (Only 1)
17.4.3 Detailed Analysis of Component Segment By Country
17.4.4 Detailed Analysis of Motor Type Segment By Country
17.5 Related Reports
17.6 Author Details
List of Tables (128 Tables)
Table 1 Currency Exchange Rates (Per USD)
Table 2 Fail Safe Mechanism of EPS System
Table 3 Electric Power Steering Market, By Component, 20152025 (USD Million)
Table 4 Steering Wheel: Market, By Region, 20152025 (USD Million)
Table 5 Steering Wheel: Market, By Application, 20152025 (USD Million)
Table 6 Steering Column: Market, By Region, 20152025 (USD Million)
Table 7 Steering Column: Market, By Application, 20152025 (USD Million)
Table 8 Sensors: Market, By Region, 20152025 (USD Million)
Table 9 Sensors: Market, By Application, 20152025 (USD Million)
Table 10 Steering Gear: Market, By Region, 20152025 (USD Million)
Table 11 Steering Gear: Market, By Application, 20152025 (USD Million)
Table 12 Mechanical Rack and Pinion: Market, By Region, 20152025 (USD Million)
Table 13 Mechanical Rack and Pinion: Market, By Application, 20152025 (USD Million)
Table 14 Electronic Control Unit: Market, By Region, 20152025 (USD Million)
Table 15 Electronic Control Unit: Market, By Application, 20152025 (USD Million)
Table 16 Electric Motor: Market, By Region, 20152025 (USD Million)
Table 17 Electric Motor: Market, By Application, 20152025 (USD Million)
Table 18 Bearings: Market, By Region, 20152025 (USD Million)
Table 19 Bearings: Market, By Application, 20152025 (USD Million)
Table 20 Electric Power Steering Market, By Off-Highway Vehicles, 20152025 (Thousand Units)
Table 21 Electric Power Steering Market, By Off-Highway Vehicles, 20152025 (USD Million)
Table 22 Agricultural Equipment: Market, By Region, 20152025 (Thousand Units)
Table 23 Agricultural Equipment: Market, By Region, 20152025 (USD Million)
Table 24 Construction Equipment: Market, By Region, 20152025 (Thousand Units)
Table 25 Construction Equipment: Market, By Region, 20152025 (USD Million)
Table 26 Electric Power Steering Market, By Electric Motor Type, 20152025 (Million Units)
Table 27 Electric Power Steering Market, By Electric Motor Type, 20152025 (USD Million)
Table 28 Brushed Dc Motors: Market, By Region, 20152025 (Million Units)
Table 29 Brushed Dc Motors: Market, By Region, 20152025 (USD Million)
Table 30 Brushless Dc Motors: Market, By Region, 20152025 (Million Units)
Table 31 Brushless Dc Motors: Market, By Region, 20152025 (USD Million)
Table 32 Electric Power Steering Market, By Application, 20152025 (Million Units)
Table 33 Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 34 Passenger Cars: Market, By Region, 20152025 (Million Units)
Table 35 Passenger Cars: Market, By Region, 20152025 (USD Million)
Table 36 Commercial Vehicles: Market, By Region, 20152025 (Million Units)
Table 37 Commercial Vehicles: Market, By Region, 20152025 (USD Million)
Table 38 Electric Power Steering Market, By Electric Vehicle, 20152025 (Thousand Units)
Table 39 Electric Power Steering Market, By Electric Vehicle, 20152025 (USD Million)
Table 40 Battery Electric Vehicles: Market, By Region, 20152025 (Thousand Units)
Table 41 Battery Electric Vehicles: Market, By Region, 20152025 (USD Million)
Table 42 Asia Pacific: BEV Electric Power Steering Market, By Country, 20152025 (Thousand Units)
Table 43 Asia Pacific: BEV Market, By Country, 20152025 (USD Million)
Table 44 Europe: BEV Electric Power Steering Market, By Country, 20152025 (Thousand Units)
Table 45 Europe: BEV Market, By Country, 20152025 (USD Million)
Table 46 North America: BEV Market, By Country, 20152025 (Thousand Units)
Table 47 North America: BEV Market, By Country, 20152025 (USD Million)
Table 48 Rest of the World: BEV Electric Power Steering Market, By Country, 20152025 (Thousand Units)
Table 49 Rest of the World: BEV Electric Power Steering Market, By Country, 20152025 (USD Million)
Table 50 Plug-In Hybrid Electric Vehicles: Market, By Region, 20152025 (Thousand Units)
Table 51 Plug-In Hybrid Electric Vehicles: Market, By Region, 20152025 (USD Million)
Table 52 Asia Pacific: PHEV Market, By Country, 20152025 (Thousand Units)
Table 53 Asia Pacific: PHEV Market, By Country, 20152025 (USD Million)
Table 54 Europe: PHEV Electric Power Steering Market, By Country, 20152025 (Thousand Units)
Table 55 Europe: PHEV Electric Power Steering Market, By Country, 20152025 (USD Million)
Table 56 North America: PHEV Electric Power Steering Market, By Country, 20152025 (Thousand Units)
Table 57 North America: PHEV Market, By Country, 20152025 (USD Million)
Table 58 Rest of the World: PHEV Electric Power Steering, By Country, 20152025 (Thousand Units)
Table 59 Rest of the World: PHEV Electric Power Steering Market, By Country, 20152025 (USD Million)
Table 60 Hybrid Electric Vehicles: Market, By Region, 20152025 (Thousand Units)
Table 61 Hybrid Electric Vehicles: Market, By Region, 20152025 (USD Million)
Table 62 Asia Pacific: HEV Market, By Country, 20152025 (Thousand Units)
Table 63 Asia Pacific: HEV Market, By Country, 20152025 (USD Million)
Table 64 Europe: HEV Electric Power Steering Market, By Country, 20152025 (Thousand Units)
Table 65 Europe: HEV Electric Power Steering Market, By Country, 20152025 (USD Million)
Table 66 North America: HEV Electric Power Steering Market, By Country, 20152025 (Thousand Units)
Table 67 North America: HEV Market, By Country, 20152025 (USD Million)
Table 68 Rest of the World: HEV Market, By Country, 20152025 (Thousand Units)
Table 69 Rest of the World: HEV Market, By Country, 20152025 (USD Million)
Table 70 Electric Power Steering Market, By Type, 20152025 (Million Units)
Table 71 Electric Power Steering Market, By Type, 20152025 (USD Million)
Table 72 C-EPS: Electric Power Steering Market, By Region, 20152025 (Million Units)
Table 73 C-EPS: Market, By Region, 20152025 (USD Million)
Table 74 P-EPS: Market, By Region, 20152025 (Million Units)
Table 75 P-EPS: Market, By Region, 20152025 (USD Million)
Table 76 R-EPS: Market, By Region, 20152025 (Million Units)
Table 77 R-EPS: Market, By Region, 20152025 (USD Million)
Table 78 Electric Power Steering Market Size, By Mechanism, 20152025 (Million Units)
Table 79 Electric Power Steering Market Size, By Mechanism, 20152025 (USD Million)
Table 80 Collapsible EPS: Market Size, By Region, 20152025 (Million Units)
Table 81 Collapsible EPS: Market Size, By Region, 20152025 (USD Million)
Table 82 Rigid EPS: Market Size, By Region, 20152025 (Million Units)
Table 83 Rigid EPS: Market Size, By Region, 20152025 (USD Million)
Table 84 Electric Power Steering Market, By Region, 20152025 (Million Units)
Table 85 Electric Power Steering Market, By Region, 20152025 (USD Million)
Table 86 Asia Pacific: Market, By Country, 20152025 (Million Units)
Table 87 Asia Pacific: Market, By Country, 20152025 (USD Million)
Table 88 China: Market, By Application, 20152025 (Million Units)
Table 89 China: Market, By Application, 20152025 (USD Million)
Table 90 India: Market, By Application, 20152025 (Million Units)
Table 91 India: Market, By Application, 20152025 (USD Million)
Table 92 Japan: Market, By Application, 20152025 (Million Units)
Table 93 Japan: Market, By Application, 20152025 (USD Million)
Table 94 South Korea: Market, By Application, 20152025 (Million Units)
Table 95 South Korea: Market, By Application, 20152025 (USD Million)
Table 96 Europe: Electric Power Steering Market, By Country, 20152025 (Million Units)
Table 97 Europe: Electric Power Steering Market, By Country, 20152025 (USD Million)
Table 98 Germany: Market, By Application, 20152025 (Million Units)
Table 99 Germany: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 100 Italy: Market, By Application, 20152025 (Million Units)
Table 101 Italy: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 102 France: Market, By Application, 20152025 (Million Units)
Table 103 France: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 104 Spain: Market, By Application, 20152025 (Million Units)
Table 105 Spain: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 106 UK: Market, By Application, 20152025 (Million Units)
Table 107 UK: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 108 North America: Electric Power Steering Market, By Country, 20152025 (Million Units)
Table 109 North America: Electric Power Steering Market, By Country, 20152025 (USD Million)
Table 110 US: Electric Power Steering Market, By Application, 20152025 (Million Units)
Table 111 US: Market, By Application, 20152025 (USD Million)
Table 112 Canada: Market, By Application, 20152025 (Million Units)
Table 113 Canada: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 114 Mexico: Market, By Application, 20152025 (Million Units)
Table 115 Mexico: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 116 Rest of the World: Electric Power Steering Market, By Country, 20152025 (Million Units)
Table 117 Rest of the World: Electric Power Steering Market, By Country, 20152025 (USD Million)
Table 118 Brazil: Market, By Application, 20152025 (Million Units)
Table 119 Brazil: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 120 Russia: Market, By Application, 20152025 (Million Units)
Table 121 Russia: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 122 South Africa: Market, By Application, 20152025 (Million Units)
Table 123 South Africa: Electric Power Steering Market, By Application, 20152025 (USD Million)
Table 124 Electric Power Steering Market Ranking: 2016
Table 125 New Product Developments, 20162017
Table 126 Expansions, 20152017
Table 127 Mergers & Acquisitions, 2015-2017
Table 128 Supply Contracts/Partnerships/Collaborations, 2017
List of Figures (78 Figures)
Figure 1 Market Segments
Figure 2 Electric Power Steering Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Estimated Market Size of Lane Assist and Park Assist Features
Figure 6 Electric Power Steering Market: Bottom-Up Approach
Figure 7 Electric Power Steering Market: Top-Down Approach
Figure 8 Data Triangulation
Figure 9 Electric Power Steering Market: China to Be the Fastest Growing and Largest Market During the Forecast Period
Figure 10 Electric Power Steering Market, By Type (USD Million)
Figure 11 Electric Power Steering Market, By Mechanism (USD Million)
Figure 12 Electric Power Steering Market, By Electric Vehicle (USD Million)
Figure 13 Electric Power Steering Market, By Electric Motor Type (USD Million)
Figure 14 Attractive Opportunities in this Market, 2017 vs 2025 (USD Billion)
Figure 15 Asia Pacific is Expected to Lead the Global Market During the Forecast Period
Figure 16 The Column Assist EPS is Expected to Lead the Global Market
Figure 17 The Asia Pacific Market is Expected to Lead the Global Market
Figure 18 The Passenger Cars Segment is Expected to Lead the Global Market
Figure 19 Steering Gear Component is Expected to Have the Highest Market Share in this Market
Figure 20 Collapsible Steering Column is Expected to Lead the market, By Mechanism
Figure 21 Even Though the Brushed Motor has the Highest Market Value Currently, Brushless Motor Shows A Promising Growth By 2025 in the market, By Electric Motor
Figure 22 Hybrid Electric Vehicle Segment is Expected to Lead the Global Market, By Electric Vehicle Type
Figure 23 Agricultural Equipment Market is Expected to Lead the market
Figure 24 Electric Power Steering Market: Market Dynamics
Figure 25 China: Rising GDP PPP is Expected to Drive the this Market During the Forecast Period
Figure 26 US: GNI Per Capita is Expected to Play A Crucial Role Owing to Increase in Manufacturing Employment
Figure 27 Germany: Purchasing Power of Customers is Expected to Drive the market
Figure 28 The Evolution of EPS System (2005-2030)
Figure 29 Roadmap of ADAS for Top 3 Nations (20132030)
Figure 30 Reach of SBW in Automated Steering System Market
Figure 31 Three Types of Steer-By-Wire
Figure 32 Electric Power Steering Market, By Component, 2017 vs 2025 (USD Million)
Figure 33 Steering Wheel: Market, By Region, 2017 vs 2025 (USD Million)
Figure 34 Steering Column: Market, By Region, 2017 vs 2025 (USD Million)
Figure 35 Sensors: Market, By Region, 2017 vs 2025 (USD Million)
Figure 36 Steering Gear: Market, By Region, 2017 vs 2025 (USD Million)
Figure 37 Mechanical Rack and Pinion: Market, By Region, 2017 vs 2025 (USD Million)
Figure 38 Electronic Control Unit: Market, By Region, 2017 vs 2025 (USD Million)
Figure 39 Electric Motor: Market, By Region, 2017 vs 2025 (USD Million)
Figure 40 Bearings: Market, By Region, 2017 vs 2025 (USD Million)
Figure 41 Market, By Off-Highway Vehicles, 2017 vs 2025 (USD Million)
Figure 42 Agricultural Equipment: Market Size, By Region, 2017 vs 2025 (USD Million)
Figure 43 Construction Equipment: Market, By Region, 2017 vs 2025 (USD Million)
Figure 44 Electric Power Steering Market, By Electric Motor Type, 2017 vs 2025 (USD Million)
Figure 45 Brushed Dc Motors: Market, By Region, 2017 vs 2025 (USD Million)
Figure 46 Brushless Dc Motors: Market, By Region, 2017 vs 2025 (USD Million)
Figure 47 Electric Power Steering Market, By Application, 2017 vs 2025 (USD Million)
Figure 48 Passenger Cars: Market, By Region, 2017 vs 2025 (USD Million)
Figure 49 Commercial Vehicles: Market, By Region, 2017 vs 2025 (USD Million)
Figure 50 Electric Power Steering Market, By Electric Vehicle, 2017 vs 2025 (USD Million)
Figure 51 Battery Electric Vehicles: Market, By Region, 2017 vs 2025 (USD Million)
Figure 52 Plug-In Hybrid Electric Vehicles: Market, By Region, 2017 vs 2025 (USD Million)
Figure 53 Hybrid Electric Vehicles: Market, By Region, 2017 vs 2025 (USD Million)
Figure 54 Electric Power Steering Market Size, By Type, 2017 vs 2025 (USD Million)
Figure 55 C-EPS: Market, By Region, 2017 vs 2025 (USD Million)
Figure 56 P-EPS: Market, By Region, 2017 vs 2025 (USD Million)
Figure 57 R-EPS: Market, By Region, 2017 vs 2025 (USD Million)
Figure 58 Market Size, By Mechanism, 2017 vs 2025 (USD Million)
Figure 59 Collapsible EPS: Electric Power Steering Market Size, By Region, 2017 vs 2025 (USD Million)
Figure 60 Rigid EPS: Market Size, By Region, 2017 vs 2025 (USD Million)
Figure 61 Electric Power Steering Market, By Region, 2017 vs 2025 (USD Million)
Figure 62 Asia Pacific: Market Snapshot
Figure 63 Europe: Market, By Country, 2017 vs 2025 (USD Million)
Figure 64 North America: Market Snapshot
Figure 65 Rest of the World: Electric Power Steering Market, By Country, 2017 vs 2025 (USD Million)
Figure 66 Key Developments By Leading Players in the market, 20142017
Figure 67 Company Snapshot: JteKT
Figure 68 Company Snapshot: Nexteer
Figure 69 Company Snapshot: ZF
Figure 70 Company Snapshot: Robert Bosch
Figure 71 Company Snapshot: NSK
Figure 72 Company Snapshot: Hyundai Mobis
Figure 73 Company Snapshot: Showa Corporation
Figure 74 Company Snapshot: Delphi
Figure 75 Company Snapshot: Thyssenkrupp
Figure 76 Company Snapshot: Mitsubishi Electric
Figure 77 Company Snapshot: GKN
Figure 78 Company Snapshot: Federal Mogul
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Growth opportunities and latent adjacency in Electric Power Steering Market