[185 Pages Report] The Electric Power Steering Market size was estimated at USD 27.63 billion in 2023 and expected to reach USD 29.35 billion in 2024, at a CAGR 6.34% to reach USD 42.49 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Electric Power Steering Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Electric Power Steering Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Electric Power Steering Market, highlighting leading vendors and their innovative profiles. These include D S Auto Enterprise Sdn Bhd, Denso Corporation, Georgsmarienh?tte Holding GmbH, GKN Automotive Limited, Honeycomb Yichuang Technology Co., Ltd., Infineon Technologies AG, JTEKT Corporation, Mando Corporation, Mitsubishi Electric Corporation, Mobis India Limited, Nexteer Automotive Corporation, Robert Bosch GmbH, Rollax GmbH & CO., Showa Corporation, ThyssenKrupp AG, and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Electric Power Steering Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Components
    • Bearing
    • Electric Motor
    • Electronic Control Unit
    • Mechanical Rack & Pinion
    • Sensors
    • Steering Column
    • Steering Gear
  • Electric Motor
    • Brush Motor
    • Brushless Motor
  • Electric Vehicle
    • BEV
    • FCEV
    • PHEV
  • EV Gear Type
    • Ball Screw
    • Worm Gear
  • Type
    • CEPS
    • PEPS
    • REPS
  • Mechanism
    • Collapsible
    • Rigid
  • Application
    • Commercial Vehicles
    • Passenger Cars
  • Off-Highway Application
    • Agricultural Equipment
    • Construction Equipment

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Electric Power Steering Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Electric Power Steering Market?
  3. What are the technology trends and regulatory frameworks in the Electric Power Steering Market?
  4. What is the market share of the leading vendors in the Electric Power Steering Market?
  5. Which modes and strategic moves are suitable for entering the Electric Power Steering Market?