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Global Electric Power Steering Market Research Report 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 was valued at US$ 15900 million in 2023 and is anticipated to reach US$ 22860 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Electric Power Steering, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Power Steering.
Report Scope
The Electric Power Steering market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Power Steering market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Power Steering manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
JteKT
Nexteer
ZF
Bosch
NSK
Hyundai Mobis
Showa
Delphi
Thyssenkrupp
Mitsubishi Electric
GKN
Federal Mogul
Segment by Type
CEPS
PEPS
REPS
Segment by Application
Industrial vehicles
Commercial vehicles
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Power Steering manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Power Steering by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Power Steering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Electric power is the rate, per unit time, at which electrical energy is transferred by an electric circuit.
The global Electric Power Steering market was valued at US$ 15900 million in 2023 and is anticipated to reach US$ 22860 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Electric Power Steering, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Power Steering.
Report Scope
The Electric Power Steering market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Power Steering market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Power Steering manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
JteKT
Nexteer
ZF
Bosch
NSK
Hyundai Mobis
Showa
Delphi
Thyssenkrupp
Mitsubishi Electric
GKN
Federal Mogul
Segment by Type
CEPS
PEPS
REPS
Segment by Application
Industrial vehicles
Commercial vehicles
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Power Steering manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Power Steering by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Power Steering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Electric Power Steering Market Overview
1.1 Product Definition
1.2 Electric Power Steering Segment by Type
1.2.1 Global Electric Power Steering Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 CEPS
1.2.3 PEPS
1.2.4 REPS
1.3 Electric Power Steering Segment by Application
1.3.1 Global Electric Power Steering Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial vehicles
1.3.3 Commercial vehicles
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Power Steering Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Power Steering Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Power Steering Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Power Steering Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Power Steering Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Power Steering, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Power Steering Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Power Steering Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Power Steering, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Power Steering, Product Offered and Application
2.8 Global Key Manufacturers of Electric Power Steering, Date of Enter into This Industry
2.9 Electric Power Steering Market Competitive Situation and Trends
2.9.1 Electric Power Steering Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Power Steering Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Power Steering Production by Region
3.1 Global Electric Power Steering Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Power Steering Production Value by Region (2019-2030)
3.2.1 Global Electric Power Steering Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Power Steering by Region (2025-2030)
3.3 Global Electric Power Steering Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Power Steering Production by Region (2019-2030)
3.4.1 Global Electric Power Steering Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Power Steering by Region (2025-2030)
3.5 Global Electric Power Steering Market Price Analysis by Region (2019-2024)
3.6 Global Electric Power Steering Production and Value, Year-over-Year Growth
3.6.1 North America Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Power Steering Production Value Estimates and Forecasts (2019-2030)
4 Electric Power Steering Consumption by Region
4.1 Global Electric Power Steering Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Power Steering Consumption by Region (2019-2030)
4.2.1 Global Electric Power Steering Consumption by Region (2019-2024)
4.2.2 Global Electric Power Steering Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Power Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Power Steering Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Power Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Power Steering Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Power Steering Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Power Steering Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electric Power Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Power Steering Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electric Power Steering Production by Type (2019-2030)
5.1.1 Global Electric Power Steering Production by Type (2019-2024)
5.1.2 Global Electric Power Steering Production by Type (2025-2030)
5.1.3 Global Electric Power Steering Production Market Share by Type (2019-2030)
5.2 Global Electric Power Steering Production Value by Type (2019-2030)
5.2.1 Global Electric Power Steering Production Value by Type (2019-2024)
5.2.2 Global Electric Power Steering Production Value by Type (2025-2030)
5.2.3 Global Electric Power Steering Production Value Market Share by Type (2019-2030)
5.3 Global Electric Power Steering Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Power Steering Production by Application (2019-2030)
6.1.1 Global Electric Power Steering Production by Application (2019-2024)
6.1.2 Global Electric Power Steering Production by Application (2025-2030)
6.1.3 Global Electric Power Steering Production Market Share by Application (2019-2030)
6.2 Global Electric Power Steering Production Value by Application (2019-2030)
6.2.1 Global Electric Power Steering Production Value by Application (2019-2024)
6.2.2 Global Electric Power Steering Production Value by Application (2025-2030)
6.2.3 Global Electric Power Steering Production Value Market Share by Application (2019-2030)
6.3 Global Electric Power Steering Price by Application (2019-2030)
7 Key Companies Profiled
7.1 JteKT
7.1.1 JteKT Electric Power Steering Corporation Information
7.1.2 JteKT Electric Power Steering Product Portfolio
7.1.3 JteKT Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.1.4 JteKT Main Business and Markets Served
7.1.5 JteKT Recent Developments/Updates
7.2 Nexteer
7.2.1 Nexteer Electric Power Steering Corporation Information
7.2.2 Nexteer Electric Power Steering Product Portfolio
7.2.3 Nexteer Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Nexteer Main Business and Markets Served
7.2.5 Nexteer Recent Developments/Updates
7.3 ZF
7.3.1 ZF Electric Power Steering Corporation Information
7.3.2 ZF Electric Power Steering Product Portfolio
7.3.3 ZF Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.3.4 ZF Main Business and Markets Served
7.3.5 ZF Recent Developments/Updates
7.4 Bosch
7.4.1 Bosch Electric Power Steering Corporation Information
7.4.2 Bosch Electric Power Steering Product Portfolio
7.4.3 Bosch Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Bosch Main Business and Markets Served
7.4.5 Bosch Recent Developments/Updates
7.5 NSK
7.5.1 NSK Electric Power Steering Corporation Information
7.5.2 NSK Electric Power Steering Product Portfolio
7.5.3 NSK Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.5.4 NSK Main Business and Markets Served
7.5.5 NSK Recent Developments/Updates
7.6 Hyundai Mobis
7.6.1 Hyundai Mobis Electric Power Steering Corporation Information
7.6.2 Hyundai Mobis Electric Power Steering Product Portfolio
7.6.3 Hyundai Mobis Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hyundai Mobis Main Business and Markets Served
7.6.5 Hyundai Mobis Recent Developments/Updates
7.7 Showa
7.7.1 Showa Electric Power Steering Corporation Information
7.7.2 Showa Electric Power Steering Product Portfolio
7.7.3 Showa Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Showa Main Business and Markets Served
7.7.5 Showa Recent Developments/Updates
7.8 Delphi
7.8.1 Delphi Electric Power Steering Corporation Information
7.8.2 Delphi Electric Power Steering Product Portfolio
7.8.3 Delphi Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Delphi Main Business and Markets Served
7.7.5 Delphi Recent Developments/Updates
7.9 Thyssenkrupp
7.9.1 Thyssenkrupp Electric Power Steering Corporation Information
7.9.2 Thyssenkrupp Electric Power Steering Product Portfolio
7.9.3 Thyssenkrupp Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Thyssenkrupp Main Business and Markets Served
7.9.5 Thyssenkrupp Recent Developments/Updates
7.10 Mitsubishi Electric
7.10.1 Mitsubishi Electric Electric Power Steering Corporation Information
7.10.2 Mitsubishi Electric Electric Power Steering Product Portfolio
7.10.3 Mitsubishi Electric Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Mitsubishi Electric Main Business and Markets Served
7.10.5 Mitsubishi Electric Recent Developments/Updates
7.11 GKN
7.11.1 GKN Electric Power Steering Corporation Information
7.11.2 GKN Electric Power Steering Product Portfolio
7.11.3 GKN Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.11.4 GKN Main Business and Markets Served
7.11.5 GKN Recent Developments/Updates
7.12 Federal Mogul
7.12.1 Federal Mogul Electric Power Steering Corporation Information
7.12.2 Federal Mogul Electric Power Steering Product Portfolio
7.12.3 Federal Mogul Electric Power Steering Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Federal Mogul Main Business and Markets Served
7.12.5 Federal Mogul Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Power Steering Industry Chain Analysis
8.2 Electric Power Steering Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Power Steering Production Mode & Process
8.4 Electric Power Steering Sales and Marketing
8.4.1 Electric Power Steering Sales Channels
8.4.2 Electric Power Steering Distributors
8.5 Electric Power Steering Customers
9 Electric Power Steering Market Dynamics
9.1 Electric Power Steering Industry Trends
9.2 Electric Power Steering Market Drivers
9.3 Electric Power Steering Market Challenges
9.4 Electric Power Steering Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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