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Electric Steering System - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Machinery & Equipment

Published: 2024-01-16

Pages: 114 Pages

Report ld: 2228161

Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
PDF Download

Description

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

The global market for Electric Steering System was estimated to be worth US$ 15900 million in 2023 and is forecast to a readjusted size of US$ 18580 million by 2030 with a CAGR of 2.2% during the forecast period 2024-2030

Electric Steering System Market Size

M= millions and B=billions

JTEKT, Bosch, NSK, Nexteer and ZF are the top 5 players of electric power steering system (EPS), with about 80% market shares.

China is the most important producing area for automotive electric power steering systems in the world, with a market share of more than 30%. In terms of type, P-EPS has a market share of about 40%. In the field of application, passenger vehicle accounts for more than 95% of the market.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Electric Steering System, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electric Steering System by region & country, by Type, and by Application.

The Electric Steering System market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Steering System.

Market Segmentation

Report Metric
Details
Report Title
Electric Steering System - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 18580 million
CAGR(2024-2030)
2.2%
Market Size Available for Years
2019-2030
Global Electric Steering System Companies Covered
ZF Friedrichshafen, Mitsubishi Electric, Nexteer, TRW Automotive, JTEKT, Mando, GKN, Robert Bosch, ATS Automation Tooling Systems, Delphi Automotive, Hyundai Mobis
Global Electric Steering System 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 Steering System Market, Segment by Type
C-EPS

P-EPS

R-EPS
Global Electric Steering System Market, Segment by Application
Passenger Car

Commercial Vehicle
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Electric Steering System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Electric Steering System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electric Steering System in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
    1.1 Electric Steering System Product Introduction
    1.2 Global Electric Steering System Market Size Forecast
        1.2.1 Global Electric Steering System Sales Value (2019-2030)
        1.2.2 Global Electric Steering System Sales Volume (2019-2030)
        1.2.3 Global Electric Steering System Sales Price (2019-2030)
    1.3 Electric Steering System Market Trends & Drivers
        1.3.1 Electric Steering System Industry Trends
        1.3.2 Electric Steering System Market Drivers & Opportunity
        1.3.3 Electric Steering System Market Challenges
        1.3.4 Electric Steering System Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Electric Steering System Players Revenue Ranking (2023)
    2.2 Global Electric Steering System Revenue by Company (2019-2024)
    2.3 Global Electric Steering System Players Sales Volume Ranking (2023)
    2.4 Global Electric Steering System Sales Volume by Company Players (2019-2024)
    2.5 Global Electric Steering System Average Price by Company (2019-2024)
    2.6 Key Manufacturers Electric Steering System Manufacturing Base Distribution and Headquarters
    2.7 Key Manufacturers Electric Steering System Product Offered
    2.8 Key Manufacturers Time to Begin Mass Production of Electric Steering System
    2.9 Electric Steering System Market Competitive Analysis
        2.9.1 Electric Steering System Market Concentration Rate (2019-2024)
        2.9.2 Global 5 and 10 Largest Manufacturers by Electric Steering System Revenue in 2023
        2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Steering System as of 2023)
    2.10 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 C-EPS
        3.1.2 P-EPS
        3.1.3 R-EPS
    3.2 Global Electric Steering System Sales Value by Type
        3.2.1 Global Electric Steering System Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Electric Steering System Sales Value, by Type (2019-2030)
        3.2.3 Global Electric Steering System Sales Value, by Type (%) (2019-2030)
    3.3 Global Electric Steering System Sales Volume by Type
        3.3.1 Global Electric Steering System Sales Volume by Type (2019 VS 2023 VS 2030)
        3.3.2 Global Electric Steering System Sales Volume, by Type (2019-2030)
        3.3.3 Global Electric Steering System Sales Volume, by Type (%) (2019-2030)
    3.4 Global Electric Steering System Average Price by Type (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Passenger Car
        4.1.2 Commercial Vehicle
    4.2 Global Electric Steering System Sales Value by Application
        4.2.1 Global Electric Steering System Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Electric Steering System Sales Value, by Application (2019-2030)
        4.2.3 Global Electric Steering System Sales Value, by Application (%) (2019-2030)
    4.3 Global Electric Steering System Sales Volume by Application
        4.3.1 Global Electric Steering System Sales Volume by Application (2019 VS 2023 VS 2030)
        4.3.2 Global Electric Steering System Sales Volume, by Application (2019-2030)
        4.3.3 Global Electric Steering System Sales Volume, by Application (%) (2019-2030)
    4.4 Global Electric Steering System Average Price by Application (2019-2030)

 5 Segmentation by Region
    5.1 Global Electric Steering System Sales Value by Region
        5.1.1 Global Electric Steering System Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Electric Steering System Sales Value by Region (2019-2024)
        5.1.3 Global Electric Steering System Sales Value by Region (2025-2030)
        5.1.4 Global Electric Steering System Sales Value by Region (%), (2019-2030)
    5.2 Global Electric Steering System Sales Volume by Region
        5.2.1 Global Electric Steering System Sales Volume by Region: 2019 VS 2023 VS 2030
        5.2.2 Global Electric Steering System Sales Volume by Region (2019-2024)
        5.2.3 Global Electric Steering System Sales Volume by Region (2025-2030)
        5.2.4 Global Electric Steering System Sales Volume by Region (%), (2019-2030)
    5.3 Global Electric Steering System Average Price by Region (2019-2030)
    5.4 North America
        5.4.1 North America Electric Steering System Sales Value, 2019-2030
        5.4.2 North America Electric Steering System Sales Value by Country (%), 2023 VS 2030
    5.5 Europe
        5.5.1 Europe Electric Steering System Sales Value, 2019-2030
        5.5.2 Europe Electric Steering System Sales Value by Country (%), 2023 VS 2030
    5.6 Asia Pacific
        5.6.1 Asia Pacific Electric Steering System Sales Value, 2019-2030
        5.6.2 Asia Pacific Electric Steering System Sales Value by Country (%), 2023 VS 2030
    5.7 South America
        5.7.1 South America Electric Steering System Sales Value, 2019-2030
        5.7.2 South America Electric Steering System Sales Value by Country (%), 2023 VS 2030
    5.8 Middle East & Africa
        5.8.1 Middle East & Africa Electric Steering System Sales Value, 2019-2030
        5.8.2 Middle East & Africa Electric Steering System Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Electric Steering System Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Electric Steering System Sales Value
        6.2.1 Key Countries/Regions Electric Steering System Sales Value, 2019-2030
        6.2.2 Key Countries/Regions Electric Steering System Sales Volume, 2019-2030
    6.3 United States
        6.3.1 United States Electric Steering System Sales Value, 2019-2030
        6.3.2 United States Electric Steering System Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Electric Steering System Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Electric Steering System Sales Value, 2019-2030
        6.4.2 Europe Electric Steering System Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Electric Steering System Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Electric Steering System Sales Value, 2019-2030
        6.5.2 China Electric Steering System Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Electric Steering System Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Electric Steering System Sales Value, 2019-2030
        6.6.2 Japan Electric Steering System Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Electric Steering System Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Electric Steering System Sales Value, 2019-2030
        6.7.2 South Korea Electric Steering System Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Electric Steering System Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Electric Steering System Sales Value, 2019-2030
        6.8.2 Southeast Asia Electric Steering System Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Electric Steering System Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Electric Steering System Sales Value, 2019-2030
        6.9.2 India Electric Steering System Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Electric Steering System Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 ZF Friedrichshafen
        7.1.1 ZF Friedrichshafen Company Information
        7.1.2 ZF Friedrichshafen Introduction and Business Overview
        7.1.3 ZF Friedrichshafen Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.1.4 ZF Friedrichshafen Electric Steering System Product Offerings
        7.1.5 ZF Friedrichshafen Recent Development
    7.2 Mitsubishi Electric
        7.2.1 Mitsubishi Electric Company Information
        7.2.2 Mitsubishi Electric Introduction and Business Overview
        7.2.3 Mitsubishi Electric Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.2.4 Mitsubishi Electric Electric Steering System Product Offerings
        7.2.5 Mitsubishi Electric Recent Development
    7.3 Nexteer
        7.3.1 Nexteer Company Information
        7.3.2 Nexteer Introduction and Business Overview
        7.3.3 Nexteer Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.3.4 Nexteer Electric Steering System Product Offerings
        7.3.5 Nexteer Recent Development
    7.4 TRW Automotive
        7.4.1 TRW Automotive Company Information
        7.4.2 TRW Automotive Introduction and Business Overview
        7.4.3 TRW Automotive Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.4.4 TRW Automotive Electric Steering System Product Offerings
        7.4.5 TRW Automotive Recent Development
    7.5 JTEKT
        7.5.1 JTEKT Company Information
        7.5.2 JTEKT Introduction and Business Overview
        7.5.3 JTEKT Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.5.4 JTEKT Electric Steering System Product Offerings
        7.5.5 JTEKT Recent Development
    7.6 Mando
        7.6.1 Mando Company Information
        7.6.2 Mando Introduction and Business Overview
        7.6.3 Mando Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.6.4 Mando Electric Steering System Product Offerings
        7.6.5 Mando Recent Development
    7.7 GKN
        7.7.1 GKN Company Information
        7.7.2 GKN Introduction and Business Overview
        7.7.3 GKN Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.7.4 GKN Electric Steering System Product Offerings
        7.7.5 GKN Recent Development
    7.8 Robert Bosch
        7.8.1 Robert Bosch Company Information
        7.8.2 Robert Bosch Introduction and Business Overview
        7.8.3 Robert Bosch Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.8.4 Robert Bosch Electric Steering System Product Offerings
        7.8.5 Robert Bosch Recent Development
    7.9 ATS Automation Tooling Systems
        7.9.1 ATS Automation Tooling Systems Company Information
        7.9.2 ATS Automation Tooling Systems Introduction and Business Overview
        7.9.3 ATS Automation Tooling Systems Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.9.4 ATS Automation Tooling Systems Electric Steering System Product Offerings
        7.9.5 ATS Automation Tooling Systems Recent Development
    7.10 Delphi Automotive
        7.10.1 Delphi Automotive Company Information
        7.10.2 Delphi Automotive Introduction and Business Overview
        7.10.3 Delphi Automotive Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.10.4 Delphi Automotive Electric Steering System Product Offerings
        7.10.5 Delphi Automotive Recent Development
    7.11 Hyundai Mobis
        7.11.1 Hyundai Mobis Company Information
        7.11.2 Hyundai Mobis Introduction and Business Overview
        7.11.3 Hyundai Mobis Electric Steering System Sales, Revenue and Gross Margin (2019-2024)
        7.11.4 Hyundai Mobis Electric Steering System Product Offerings
        7.11.5 Hyundai Mobis Recent Development

 8 Industry Chain Analysis
    8.1 Electric Steering System Industrial Chain
    8.2 Electric Steering System Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Electric Steering System Sales Model
        8.5.2 Sales Channel
        8.5.3 Electric Steering System Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Electric Steering System Market Trends
    Table 2. Electric Steering System Market Drivers & Opportunity
    Table 3. Electric Steering System Market Challenges
    Table 4. Electric Steering System Market Restraints
    Table 5. Global Electric Steering System Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Electric Steering System Revenue Market Share by Company (2019-2024)
    Table 7. Global Electric Steering System Sales Volume by Company (2019-2024) & (K Units)
    Table 8. Global Electric Steering System Sales Volume Market Share by Company (2019-2024)
    Table 9. Global Market Electric Steering System Price by Company (2019-2024) & (US$/Unit)
    Table 10. Key Manufacturers Electric Steering System Manufacturing Base Distribution and Headquarters
    Table 11. Key Manufacturers Electric Steering System Product Type
    Table 12. Key Manufacturers Time to Begin Mass Production of Electric Steering System
    Table 13. Global Electric Steering System Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Steering System as of 2023)
    Table 15. Mergers & Acquisitions, Expansion Plans
    Table 16. Global Electric Steering System Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 17. Global Electric Steering System Sales Value by Type (2019-2024) & (US$ Million)
    Table 18. Global Electric Steering System Sales Value by Type (2025-2030) & (US$ Million)
    Table 19. Global Electric Steering System Sales Market Share in Value by Type (2019-2024) & (%)
    Table 20. Global Electric Steering System Sales Market Share in Value by Type (2025-2030) & (%)
    Table 21. Global Electric Steering System Sales Volume by Type: 2019 VS 2023 VS 2030 (K Units)
    Table 22. Global Electric Steering System Sales Volume by Type (2019-2024) & (K Units)
    Table 23. Global Electric Steering System Sales Volume by Type (2025-2030) & (K Units)
    Table 24. Global Electric Steering System Sales Market Share in Volume by Type (2019-2024) & (%)
    Table 25. Global Electric Steering System Sales Market Share in Volume by Type (2025-2030) & (%)
    Table 26. Global Electric Steering System Price by Type (2019-2024) & (US$/Unit)
    Table 27. Global Electric Steering System Price by Type (2025-2030) & (US$/Unit)
    Table 28. Global Electric Steering System Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 29. Global Electric Steering System Sales Value by Application (2019-2024) & (US$ Million)
    Table 30. Global Electric Steering System Sales Value by Application (2025-2030) & (US$ Million)
    Table 31. Global Electric Steering System Sales Market Share in Value by Application (2019-2024) & (%)
    Table 32. Global Electric Steering System Sales Market Share in Value by Application (2025-2030) & (%)
    Table 33. Global Electric Steering System Sales Volume by Application: 2019 VS 2023 VS 2030 (K Units)
    Table 34. Global Electric Steering System Sales Volume by Application (2019-2024) & (K Units)
    Table 35. Global Electric Steering System Sales Volume by Application (2025-2030) & (K Units)
    Table 36. Global Electric Steering System Sales Market Share in Volume by Application (2019-2024) & (%)
    Table 37. Global Electric Steering System Sales Market Share in Volume by Application (2025-2030) & (%)
    Table 38. Global Electric Steering System Price by Application (2019-2024) & (US$/Unit)
    Table 39. Global Electric Steering System Price by Application (2025-2030) & (US$/Unit)
    Table 40. Global Electric Steering System Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 41. Global Electric Steering System Sales Value by Region (2019-2024) & (US$ Million)
    Table 42. Global Electric Steering System Sales Value by Region (2025-2030) & (US$ Million)
    Table 43. Global Electric Steering System Sales Value by Region (2019-2024) & (%)
    Table 44. Global Electric Steering System Sales Value by Region (2025-2030) & (%)
    Table 45. Global Electric Steering System Sales Volume by Region (K Units): 2019 VS 2023 VS 2030
    Table 46. Global Electric Steering System Sales Volume by Region (2019-2024) & (K Units)
    Table 47. Global Electric Steering System Sales Volume by Region (2025-2030) & (K Units)
    Table 48. Global Electric Steering System Sales Volume by Region (2019-2024) & (%)
    Table 49. Global Electric Steering System Sales Volume by Region (2025-2030) & (%)
    Table 50. Global Electric Steering System Average Price by Region (2019-2024) & (US$/Unit)
    Table 51. Global Electric Steering System Average Price by Region (2025-2030) & (US$/Unit)
    Table 52. Key Countries/Regions Electric Steering System Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 53. Key Countries/Regions Electric Steering System Sales Value, (2019-2024) & (US$ Million)
    Table 54. Key Countries/Regions Electric Steering System Sales Value, (2025-2030) & (US$ Million)
    Table 55. Key Countries/Regions Electric Steering System Sales Volume, (2019-2024) & (K Units)
    Table 56. Key Countries/Regions Electric Steering System Sales Volume, (2025-2030) & (K Units)
    Table 57. ZF Friedrichshafen Company Information
    Table 58. ZF Friedrichshafen Introduction and Business Overview
    Table 59. ZF Friedrichshafen Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 60. ZF Friedrichshafen Electric Steering System Product Offerings
    Table 61. ZF Friedrichshafen Recent Development
    Table 62. Mitsubishi Electric Company Information
    Table 63. Mitsubishi Electric Introduction and Business Overview
    Table 64. Mitsubishi Electric Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 65. Mitsubishi Electric Electric Steering System Product Offerings
    Table 66. Mitsubishi Electric Recent Development
    Table 67. Nexteer Company Information
    Table 68. Nexteer Introduction and Business Overview
    Table 69. Nexteer Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 70. Nexteer Electric Steering System Product Offerings
    Table 71. Nexteer Recent Development
    Table 72. TRW Automotive Company Information
    Table 73. TRW Automotive Introduction and Business Overview
    Table 74. TRW Automotive Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 75. TRW Automotive Electric Steering System Product Offerings
    Table 76. TRW Automotive Recent Development
    Table 77. JTEKT Company Information
    Table 78. JTEKT Introduction and Business Overview
    Table 79. JTEKT Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 80. JTEKT Electric Steering System Product Offerings
    Table 81. JTEKT Recent Development
    Table 82. Mando Company Information
    Table 83. Mando Introduction and Business Overview
    Table 84. Mando Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 85. Mando Electric Steering System Product Offerings
    Table 86. Mando Recent Development
    Table 87. GKN Company Information
    Table 88. GKN Introduction and Business Overview
    Table 89. GKN Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 90. GKN Electric Steering System Product Offerings
    Table 91. GKN Recent Development
    Table 92. Robert Bosch Company Information
    Table 93. Robert Bosch Introduction and Business Overview
    Table 94. Robert Bosch Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 95. Robert Bosch Electric Steering System Product Offerings
    Table 96. Robert Bosch Recent Development
    Table 97. ATS Automation Tooling Systems Company Information
    Table 98. ATS Automation Tooling Systems Introduction and Business Overview
    Table 99. ATS Automation Tooling Systems Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 100. ATS Automation Tooling Systems Electric Steering System Product Offerings
    Table 101. ATS Automation Tooling Systems Recent Development
    Table 102. Delphi Automotive Company Information
    Table 103. Delphi Automotive Introduction and Business Overview
    Table 104. Delphi Automotive Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 105. Delphi Automotive Electric Steering System Product Offerings
    Table 106. Delphi Automotive Recent Development
    Table 107. Hyundai Mobis Company Information
    Table 108. Hyundai Mobis Introduction and Business Overview
    Table 109. Hyundai Mobis Electric Steering System Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 110. Hyundai Mobis Electric Steering System Product Offerings
    Table 111. Hyundai Mobis Recent Development
    Table 112. Key Raw Materials Lists
    Table 113. Raw Materials Key Suppliers Lists
    Table 114. Electric Steering System Downstream Customers
    Table 115. Electric Steering System Distributors List
    Table 116. Research Programs/Design for This Report
    Table 117. Key Data Information from Secondary Sources
    Table 118. Key Data Information from Primary Sources
List of Figures
    Figure 1. Electric Steering System Product Picture
    Figure 2. Global Electric Steering System Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Electric Steering System Sales Value (2019-2030) & (US$ Million)
    Figure 4. Global Electric Steering System Sales Volume (2019-2030) & (K Units)
    Figure 5. Global Electric Steering System Sales Price (2019-2030) & (US$/Unit)
    Figure 6. Electric Steering System Report Years Considered
    Figure 7. Global Electric Steering System Players Revenue Ranking (2023) & (US$ Million)
    Figure 8. Global Electric Steering System Players Sales Volume Ranking (2023) & (K Units)
    Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Electric Steering System Revenue in 2023
    Figure 10. Electric Steering System Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 11. C-EPS Picture
    Figure 12. P-EPS Picture
    Figure 13. R-EPS Picture
    Figure 14. Global Electric Steering System Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 15. Global Electric Steering System Sales Value Market Share by Type, 2023 & 2030
    Figure 16. Global Electric Steering System Sales Volume by Type (2019 VS 2023 VS 2030) & (K Units)
    Figure 17. Global Electric Steering System Sales Volume Market Share by Type, 2023 & 2030
    Figure 18. Global Electric Steering System Price by Type (2019-2030) & (US$/Unit)
    Figure 19. Product Picture of Passenger Car
    Figure 20. Product Picture of Commercial Vehicle
    Figure 21. Global Electric Steering System Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 22. Global Electric Steering System Sales Value Market Share by Application, 2023 & 2030
    Figure 23. Global Electric Steering System Sales Volume by Application (2019 VS 2023 VS 2030) & (K Units)
    Figure 24. Global Electric Steering System Sales Volume Market Share by Application, 2023 & 2030
    Figure 25. Global Electric Steering System Price by Application (2019-2030) & (US$/Unit)
    Figure 26. North America Electric Steering System Sales Value (2019-2030) & (US$ Million)
    Figure 27. North America Electric Steering System Sales Value by Country (%), 2023 VS 2030
    Figure 28. Europe Electric Steering System Sales Value (2019-2030) & (US$ Million)
    Figure 29. Europe Electric Steering System Sales Value by Country (%), 2023 VS 2030
    Figure 30. Asia Pacific Electric Steering System Sales Value (2019-2030) & (US$ Million)
    Figure 31. Asia Pacific Electric Steering System Sales Value by Country (%), 2023 VS 2030
    Figure 32. South America Electric Steering System Sales Value (2019-2030) & (US$ Million)
    Figure 33. South America Electric Steering System Sales Value by Country (%), 2023 VS 2030
    Figure 34. Middle East & Africa Electric Steering System Sales Value (2019-2030) & (US$ Million)
    Figure 35. Middle East & Africa Electric Steering System Sales Value by Country (%), 2023 VS 2030
    Figure 36. Key Countries/Regions Electric Steering System Sales Value (%), (2019-2030)
    Figure 37. Key Countries/Regions Electric Steering System Sales Volume (%), (2019-2030)
    Figure 38. United States Electric Steering System Sales Value, (2019-2030) & (US$ Million)
    Figure 39. United States Electric Steering System Sales Value by Type (%), 2023 VS 2030
    Figure 40. United States Electric Steering System Sales Value by Application (%), 2023 VS 2030
    Figure 41. Europe Electric Steering System Sales Value, (2019-2030) & (US$ Million)
    Figure 42. Europe Electric Steering System Sales Value by Type (%), 2023 VS 2030
    Figure 43. Europe Electric Steering System Sales Value by Application (%), 2023 VS 2030
    Figure 44. China Electric Steering System Sales Value, (2019-2030) & (US$ Million)
    Figure 45. China Electric Steering System Sales Value by Type (%), 2023 VS 2030
    Figure 46. China Electric Steering System Sales Value by Application (%), 2023 VS 2030
    Figure 47. Japan Electric Steering System Sales Value, (2019-2030) & (US$ Million)
    Figure 48. Japan Electric Steering System Sales Value by Type (%), 2023 VS 2030
    Figure 49. Japan Electric Steering System Sales Value by Application (%), 2023 VS 2030
    Figure 50. South Korea Electric Steering System Sales Value, (2019-2030) & (US$ Million)
    Figure 51. South Korea Electric Steering System Sales Value by Type (%), 2023 VS 2030
    Figure 52. South Korea Electric Steering System Sales Value by Application (%), 2023 VS 2030
    Figure 53. Southeast Asia Electric Steering System Sales Value, (2019-2030) & (US$ Million)
    Figure 54. Southeast Asia Electric Steering System Sales Value by Type (%), 2023 VS 2030
    Figure 55. Southeast Asia Electric Steering System Sales Value by Application (%), 2023 VS 2030
    Figure 56. India Electric Steering System Sales Value, (2019-2030) & (US$ Million)
    Figure 57. India Electric Steering System Sales Value by Type (%), 2023 VS 2030
    Figure 58. India Electric Steering System Sales Value by Application (%), 2023 VS 2030
    Figure 59. Electric Steering System Industrial Chain
    Figure 60. Electric Steering System Manufacturing Cost Structure
    Figure 61. Channels of Distribution (Direct Sales, and Distribution)
    Figure 62. Bottom-up and Top-down Approaches for This Report
    Figure 63. Data Triangulation
    Figure 64. Key Executives Interviewed

Description

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

The global market for Electric Steering System was estimated to be worth US$ 15900 million in 2023 and is forecast to a readjusted size of US$ 18580 million by 2030 with a CAGR of 2.2% during the forecast period 2024-2030

JTEKT, Bosch, NSK, Nexteer and ZF are the top 5 players of electric power steering system (EPS), with about 80% market shares.

China is the most important producing area for automotive electric power steering systems in the world, with a market share of more than 30%. In terms of type, P-EPS has a market share of about 40%. In the field of application, passenger vehicle accounts for more than 95% of the market.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Electric Steering System, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electric Steering System by region & country, by Type, and by Application.

The Electric Steering System market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Steering System.

Market Segmentation