The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Electric Power Steering-Global Market Insights and Sales Trends 2025
Synopsis
Electric power is the rate, per unit time, at which electrical energy is transferred by an electric circuit.
The global Electric Power Steering market size is expected to reach US$ 22860 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Power Steering in various end use industries. The expanding demands from the Industrial vehicles, Commercial vehicles and Others,, are propelling Electric Power Steering market. CEPS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the PEPS segment is estimated at % CAGR for the next seven-year period.
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 market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Power Steering, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Power Steering market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Power Steering market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Power Steering sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Power Steering covered in this report include JteKT, Nexteer, ZF, Bosch, NSK, Hyundai Mobis, Showa, Delphi and Thyssenkrupp, etc.
The global Electric Power Steering market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
JteKT
Nexteer
ZF
Bosch
NSK
Hyundai Mobis
Showa
Delphi
Thyssenkrupp
Mitsubishi Electric
GKN
Federal Mogul
Global Electric Power Steering market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Power Steering market, Segment by Type:
CEPS
PEPS
REPS
Global Electric Power Steering market, by Application
Industrial vehicles
Commercial vehicles
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Power Steering manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Power Steering in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Electric power is the rate, per unit time, at which electrical energy is transferred by an electric circuit.
The global Electric Power Steering market size is expected to reach US$ 22860 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Power Steering in various end use industries. The expanding demands from the Industrial vehicles, Commercial vehicles and Others,, are propelling Electric Power Steering market. CEPS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the PEPS segment is estimated at % CAGR for the next seven-year period.
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 market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Power Steering, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Power Steering market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Power Steering market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Power Steering sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Power Steering covered in this report include JteKT, Nexteer, ZF, Bosch, NSK, Hyundai Mobis, Showa, Delphi and Thyssenkrupp, etc.
The global Electric Power Steering market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
JteKT
Nexteer
ZF
Bosch
NSK
Hyundai Mobis
Showa
Delphi
Thyssenkrupp
Mitsubishi Electric
GKN
Federal Mogul
Global Electric Power Steering market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Power Steering market, Segment by Type:
CEPS
PEPS
REPS
Global Electric Power Steering market, by Application
Industrial vehicles
Commercial vehicles
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Power Steering manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Power Steering in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Electric Power Steering Market Overview
1.1 Electric Power Steering Product Overview
1.2 Electric Power Steering Market Segment by Type
1.2.1 CEPS
1.2.2 PEPS
1.2.3 REPS
1.3 Global Electric Power Steering Market Size by Type
1.3.1 Global Electric Power Steering Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Power Steering Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Power Steering Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Power Steering Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Power Steering Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Power Steering Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Power Steering Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Power Steering Sales Breakdown by Type (2018-2023)
2 Global Electric Power Steering Market Competition by Company
2.1 Global Top Players by Electric Power Steering Sales (2018-2023)
2.2 Global Top Players by Electric Power Steering Revenue (2018-2023)
2.3 Global Top Players by Electric Power Steering Price (2018-2023)
2.4 Global Top Manufacturers Electric Power Steering Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Power Steering Market Competitive Situation and Trends
2.5.1 Electric Power Steering Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Power Steering Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Power Steering as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Power Steering Market
2.8 Key Manufacturers Electric Power Steering Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Power Steering Status and Outlook by Region
3.1 Global Electric Power Steering Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Power Steering Historic Market Size by Region
3.2.1 Global Electric Power Steering Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Power Steering Sales in Value by Region (2018-2023)
3.2.3 Global Electric Power Steering Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Power Steering Forecasted Market Size by Region
3.3.1 Global Electric Power Steering Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Power Steering Sales in Value by Region (2024-2029)
3.3.3 Global Electric Power Steering Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Power Steering by Application
4.1 Electric Power Steering Market Segment by Application
4.1.1 Industrial vehicles
4.1.2 Commercial vehicles
4.1.3 Others
4.2 Global Electric Power Steering Market Size by Application
4.2.1 Global Electric Power Steering Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Power Steering Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Power Steering Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Power Steering Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Power Steering Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Power Steering Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Power Steering Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Power Steering Sales Breakdown by Application (2018-2023)
5 North America Electric Power Steering by Country
5.1 North America Electric Power Steering Historic Market Size by Country
5.1.1 North America Electric Power Steering Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Power Steering Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Power Steering Sales in Value by Country (2018-2023)
5.2 North America Electric Power Steering Forecasted Market Size by Country
5.2.1 North America Electric Power Steering Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Power Steering Sales in Value by Country (2024-2029)
6 Europe Electric Power Steering by Country
6.1 Europe Electric Power Steering Historic Market Size by Country
6.1.1 Europe Electric Power Steering Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Power Steering Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Power Steering Sales in Value by Country (2018-2023)
6.2 Europe Electric Power Steering Forecasted Market Size by Country
6.2.1 Europe Electric Power Steering Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Power Steering Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Power Steering by Region
7.1 Asia-Pacific Electric Power Steering Historic Market Size by Region
7.1.1 Asia-Pacific Electric Power Steering Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Power Steering Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Power Steering Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Power Steering Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Power Steering Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Power Steering Sales in Value by Region (2024-2029)
8 Latin America Electric Power Steering by Country
8.1 Latin America Electric Power Steering Historic Market Size by Country
8.1.1 Latin America Electric Power Steering Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Power Steering Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Power Steering Sales in Value by Country (2018-2023)
8.2 Latin America Electric Power Steering Forecasted Market Size by Country
8.2.1 Latin America Electric Power Steering Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Power Steering Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Power Steering by Country
9.1 Middle East and Africa Electric Power Steering Historic Market Size by Country
9.1.1 Middle East and Africa Electric Power Steering Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Power Steering Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Power Steering Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Power Steering Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Power Steering Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Power Steering Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 JteKT
10.1.1 JteKT Company Information
10.1.2 JteKT Introduction and Business Overview
10.1.3 JteKT Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.1.4 JteKT Electric Power Steering Products Offered
10.1.5 JteKT Recent Development
10.2 Nexteer
10.2.1 Nexteer Company Information
10.2.2 Nexteer Introduction and Business Overview
10.2.3 Nexteer Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Nexteer Electric Power Steering Products Offered
10.2.5 Nexteer Recent Development
10.3 ZF
10.3.1 ZF Company Information
10.3.2 ZF Introduction and Business Overview
10.3.3 ZF Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ZF Electric Power Steering Products Offered
10.3.5 ZF Recent Development
10.4 Bosch
10.4.1 Bosch Company Information
10.4.2 Bosch Introduction and Business Overview
10.4.3 Bosch Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Bosch Electric Power Steering Products Offered
10.4.5 Bosch Recent Development
10.5 NSK
10.5.1 NSK Company Information
10.5.2 NSK Introduction and Business Overview
10.5.3 NSK Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.5.4 NSK Electric Power Steering Products Offered
10.5.5 NSK Recent Development
10.6 Hyundai Mobis
10.6.1 Hyundai Mobis Company Information
10.6.2 Hyundai Mobis Introduction and Business Overview
10.6.3 Hyundai Mobis Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hyundai Mobis Electric Power Steering Products Offered
10.6.5 Hyundai Mobis Recent Development
10.7 Showa
10.7.1 Showa Company Information
10.7.2 Showa Introduction and Business Overview
10.7.3 Showa Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Showa Electric Power Steering Products Offered
10.7.5 Showa Recent Development
10.8 Delphi
10.8.1 Delphi Company Information
10.8.2 Delphi Introduction and Business Overview
10.8.3 Delphi Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Delphi Electric Power Steering Products Offered
10.8.5 Delphi Recent Development
10.9 Thyssenkrupp
10.9.1 Thyssenkrupp Company Information
10.9.2 Thyssenkrupp Introduction and Business Overview
10.9.3 Thyssenkrupp Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Thyssenkrupp Electric Power Steering Products Offered
10.9.5 Thyssenkrupp Recent Development
10.10 Mitsubishi Electric
10.10.1 Mitsubishi Electric Company Information
10.10.2 Mitsubishi Electric Introduction and Business Overview
10.10.3 Mitsubishi Electric Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Mitsubishi Electric Electric Power Steering Products Offered
10.10.5 Mitsubishi Electric Recent Development
10.11 GKN
10.11.1 GKN Company Information
10.11.2 GKN Introduction and Business Overview
10.11.3 GKN Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.11.4 GKN Electric Power Steering Products Offered
10.11.5 GKN Recent Development
10.12 Federal Mogul
10.12.1 Federal Mogul Company Information
10.12.2 Federal Mogul Introduction and Business Overview
10.12.3 Federal Mogul Electric Power Steering Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Federal Mogul Electric Power Steering Products Offered
10.12.5 Federal Mogul Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Power Steering Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Power Steering Industrial Chain Analysis
11.4 Electric Power Steering Market Dynamics
11.4.1 Electric Power Steering Industry Trends
11.4.2 Electric Power Steering Market Drivers
11.4.3 Electric Power Steering Market Challenges
11.4.4 Electric Power Steering Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Power Steering Distributors
12.3 Electric Power Steering Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
