Electric Power Steering Market Dynamics:
Tesla is becoming more well-known in the autonomous vehicle market as a result of its switch to steer-by-wire systems, which do away with the need for mechanical linkages in a steering system. This makes using electrical or electro-mechanical steering systems more advantageous. But for a vehicle to be road-legal, mechanical linkages in the steering systems are still commonplace in many nations. As a result, businesses in the automotive electric power steering market are expanding their testing facilities in Los Angeles and Washington D.C., where governments have approved driverless cars with electric power steering.
Leading industrial and automotive supplier Schaeffler will put the steer-by-wire Space Drive on the starting grid. Three DTM vehicles will have the technology, including the BMW M6 GT3 that driven by Timo Glock and the Mercedes-AMG which driven by brand ambassador for Schaeffler Sophia Flörsch. Possibilities for neighbourhood communities Launched at Rs 16.30 lakh, the Hyundai Alcazar received 4,000 reservations in one week.
Electric Power Steering Market Report Overview:
Maximize Market Research has issued papers to help clients understand the landscape of the Electric Power Steering Market in which they compete. The research provides market insights to help clients understand future demand for their product and the Artichokes’s competitiveness. The Artichokes market overview provides detailed information on the market’s size, trade data, key players, and several market metrics such as life cycle, trends, and so on.
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Electric Power Steering Market Growth:
Global Electric Power Steering Market size was valued at USD 27.37 Bn. in 2023 and the total Electric Power Steering revenue is expected to grow by 5.7 % from 2024 to 2030, reaching nearly USD 40.35 Bn.
Electric Power Steering Market Regional Insights:
The report is segmented into several key countries, with market size, growth rate, import and export of EV Connectors market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Electric Power Steering Market Segmentations:
by Type
Rack assist type (REPS)
Colum assist type (CEPS)
Pinion assist type (PEPS)
by Mechanism
Rigid
Collapsible
by Application
Passenger Cars (PC)
Commercial Vehicles (CV)
by Components
Steering column
Sensors
Steering gear
Mechanical rack and pinion
Electronic control unit
Electric motor
Bearing
by Electric Motor
Brush motor
Brushless motor
Table of Content: Electric Power Steering Market :
Part 01: Executive Summary
Part 02: Scope of the Electric Power Steering Market Report
Part 03: Electric Power Steering Market Landscape
Part 04: Electric Power Steering Market Sizing
Part 05: Electric Power Steering Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Electric Power Steering Market Key Players:
1. JTEKT Corporation (Japan)
2. DENSO Corporation (Japan)
3. Mitsubishi Electric Corporation (Japan)
4. NSK Ltd. (Japan)
5. Nissan Motor Corporation (Japan)
6. Hitachi Automotive Systems (Japan)
7. Renesas Electronics (Japan)
8. ZF Friedrichshafen AG (Germany)
9. Thyssenkrupp (Germany)
10. Robert Bosch GmbH (Germany)
11. TRIDEC (Germany)
12. Infineon Technologies (Germany)
13. GKN Automotive Limited (UK)
14. Delphi Technologies (UK)
15. China Automotive Systems, Inc. (China)
16. Zhejiang Shibao Company Limited (China)
17. Hyundai Mobis (South Korea)
18. Mando Corp. (South Korea)
19. Global Steering Systems (US)
20. Tenneco (US)
21. Nexteer Automotive (US)
Key Questions Addressed in This Report:
How has the Electric Power Steering Market market performed so far and how will it perform in the coming years?
What is the market segmentation of the global Electric Power Steering Market market?
What is the regional breakup of the global Electric Power Steering Market market?
What are the price trends of various feedstocks in the Electric Power Steering Market industry?
What is the structure of the Electric Power Steering Market industry and who are the key players?
What are the various unit operations involved in a Electric Power Steering Market processing plant?
What is the total size of land required for setting up a Electric Power Steering Market processing plant?
What is the layout of a Electric Power Steering Market processing plant?
What are the machinery requirements for setting up a Electric Power Steering Market processing plant?
What are the raw material requirements for setting up a Electric Power Steering Market processing plant?
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Key Insights Covered the Electric Power Steering Market Report:
Market Coverage:
Market Trends
Market Breakup by Segment
Market Breakup by Region
Price Analysis
Impact of COVID-19
Market Forecast
Key Aspects Required for Setting Up a Electric Power Steering Market Plant:
Detailed Process Flow:
Product Overview
Unit Operations Involved
Mass Balance and Raw Material Requirements
Quality Assurance Criteria
Technical Tests
Project Details, Requirements and Costs Involved:
Land, Location and Site Development
Plant Layout
Machinery Requirements and Costs
Raw Material Requirements and Costs
Packaging Requirements and Costs
Transportation Requirements and Costs
Utility Requirements and Costs
Human Resource Requirements and Costs
Project Economics:
Capital Investments
Operating Costs
Expenditure Projections
Revenue Projections
Taxation and Depreciation
Profit Projections
Financial Analysis
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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