Automotive Electronic Power Steering Market 2020 - Industry Forecast Research Report by 2025

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The statistical surveying report on the global Automotive Electronic Power Steering Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts. The yearly forecast and predication for the years 2020 to 2025 have been enclosed by the report along with comprehensive analysis for all market segments and regions. The statistical data derived from authentic resources and assisted by industry experts. It likewise assesses the market by evaluating market elements, including drivers, restraints, opportunities, threats, challenges, growth prospects, and other market elements.

The global automotive electronic power steering market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform. The report further highlights the market drivers, restraints and the top manufacturers at the global and regional levels. For a thorough understanding, the report also offers market segmentation and regional analysis for the forecast period from 2020 to 2025.

According to this study, over the next five years, the Automotive Electronic Power Steering market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 31400 million by 2025, from US$ 22300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in the Automotive Electronic Power Steering business, shared in Chapter 3.

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Automotive Electronic Power Steering is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; currently, most of the vehicles are installed in the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.

Geographically, the global Automotive Electronic Power Steering market has been segmented into North America, Europe, China, Japan & Kore, and others. Europe held the largest share in the global market, its revenue of global market exceeds 29% in 2020. The next is Europe.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electronic Power Steering market by type, application, key manufacturers and key regions and countries.

The key manufacturers covered in this report: Breakdown data in Chapter 3.

  • Bosch
  • Nexteer Automobile
  • ZF
  • NSK
  • Mobis
  • Showa
  • Thyssenkrupp
  • Mando
  • CAAS

View More about this Market @ Global Automotive Electronic Power Steering Industry Report

This study considers the Automotive Electronic Power Steering value and volume generated from the sales of the following segments:

Segmentation by type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • C-EPS
  • P-EPS
  • R-EPS

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Passenger Vehicle
  • Commercial Vehicle

This report also splits the market by region: Breakdown data in Chapters 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • .........

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Global Automotive Electronic Power Steering Market Growth 2019-2024

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