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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 vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption. The global market for Electronic Power Steering was estimated to be worth US$ 16620 million in 2023 and is forecast to a readjusted size of US$ 20300 million by 2030 with a CAGR of 2.7% during the forecast period 2024-2030
Electronic Power Steering Market Size
M= millions and B=billions
North American market for Electronic Power Steering was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030. Asia-Pacific market for Electronic Power Steering was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030. Europe market for Electronic Power Steering was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030. The global key companies of Electronic Power Steering include JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp and Mando, etc. In 2023, the global five largest players hold a share approximately % in terms of revenue. Report Scope This report aims to provide a comprehensive presentation of the global market for Electronic Power Steering, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electronic Power Steering by region & country, by Type, and by Application. The Electronic Power Steering 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 Electronic Power Steering. Market Segmentation
Report Metric
Details
Report Title
Electronic Power Steering - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 20300 million
CAGR(2024-2030)
2.7%
Market Size Available for Years
2019-2030
Global Electronic Power Steering Companies Covered
JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp, Mando, CAAS, Zhuzhou Elite, Yubei, Zhejiang Shibao
Global Electronic Power Steering 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 Electronic Power Steering Market, Segment by Type
Column Assist EPS
Single-Pinion Assist EPS
Dual-Pinion Assist EPS
Rack Assist EPS
Global Electronic Power Steering Market, Segment by Application
Commercial Vehicles
Passenger Cars
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 Electronic Power Steering 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 Electronic Power Steering 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 Electronic Power Steering 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.
1 Market Overview
1.1 Electronic Power Steering Product Introduction
1.2 Global Electronic Power Steering Market Size Forecast
1.2.1 Global Electronic Power Steering Sales Value (2019-2030)
1.2.2 Global Electronic Power Steering Sales Volume (2019-2030)
1.2.3 Global Electronic Power Steering Sales Price (2019-2030)
1.3 Electronic Power Steering Market Trends & Drivers
1.3.1 Electronic Power Steering Industry Trends
1.3.2 Electronic Power Steering Market Drivers & Opportunity
1.3.3 Electronic Power Steering Market Challenges
1.3.4 Electronic Power Steering Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electronic Power Steering Players Revenue Ranking (2023)
2.2 Global Electronic Power Steering Revenue by Company (2019-2024)
2.3 Global Electronic Power Steering Players Sales Volume Ranking (2023)
2.4 Global Electronic Power Steering Sales Volume by Company Players (2019-2024)
2.5 Global Electronic Power Steering Average Price by Company (2019-2024)
2.6 Key Manufacturers Electronic Power Steering Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Electronic Power Steering Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Electronic Power Steering
2.9 Electronic Power Steering Market Competitive Analysis
2.9.1 Electronic Power Steering Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Electronic Power Steering Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electronic Power Steering as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Column Assist EPS
3.1.2 Single-Pinion Assist EPS
3.1.3 Dual-Pinion Assist EPS
3.1.4 Rack Assist EPS
3.2 Global Electronic Power Steering Sales Value by Type
3.2.1 Global Electronic Power Steering Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Electronic Power Steering Sales Value, by Type (2019-2030)
3.2.3 Global Electronic Power Steering Sales Value, by Type (%) (2019-2030)
3.3 Global Electronic Power Steering Sales Volume by Type
3.3.1 Global Electronic Power Steering Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Electronic Power Steering Sales Volume, by Type (2019-2030)
3.3.3 Global Electronic Power Steering Sales Volume, by Type (%) (2019-2030)
3.4 Global Electronic Power Steering Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Commercial Vehicles
4.1.2 Passenger Cars
4.2 Global Electronic Power Steering Sales Value by Application
4.2.1 Global Electronic Power Steering Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Electronic Power Steering Sales Value, by Application (2019-2030)
4.2.3 Global Electronic Power Steering Sales Value, by Application (%) (2019-2030)
4.3 Global Electronic Power Steering Sales Volume by Application
4.3.1 Global Electronic Power Steering Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Electronic Power Steering Sales Volume, by Application (2019-2030)
4.3.3 Global Electronic Power Steering Sales Volume, by Application (%) (2019-2030)
4.4 Global Electronic Power Steering Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Electronic Power Steering Sales Value by Region
5.1.1 Global Electronic Power Steering Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Electronic Power Steering Sales Value by Region (2019-2024)
5.1.3 Global Electronic Power Steering Sales Value by Region (2025-2030)
5.1.4 Global Electronic Power Steering Sales Value by Region (%), (2019-2030)
5.2 Global Electronic Power Steering Sales Volume by Region
5.2.1 Global Electronic Power Steering Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Electronic Power Steering Sales Volume by Region (2019-2024)
5.2.3 Global Electronic Power Steering Sales Volume by Region (2025-2030)
5.2.4 Global Electronic Power Steering Sales Volume by Region (%), (2019-2030)
5.3 Global Electronic Power Steering Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Electronic Power Steering Sales Value, 2019-2030
5.4.2 North America Electronic Power Steering Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Electronic Power Steering Sales Value, 2019-2030
5.5.2 Europe Electronic Power Steering Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Electronic Power Steering Sales Value, 2019-2030
5.6.2 Asia Pacific Electronic Power Steering Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Electronic Power Steering Sales Value, 2019-2030
5.7.2 South America Electronic Power Steering Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electronic Power Steering Sales Value, 2019-2030
5.8.2 Middle East & Africa Electronic Power Steering Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electronic Power Steering Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Electronic Power Steering Sales Value
6.2.1 Key Countries/Regions Electronic Power Steering Sales Value, 2019-2030
6.2.2 Key Countries/Regions Electronic Power Steering Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Electronic Power Steering Sales Value, 2019-2030
6.3.2 United States Electronic Power Steering Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Electronic Power Steering Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Electronic Power Steering Sales Value, 2019-2030
6.4.2 Europe Electronic Power Steering Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Electronic Power Steering Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Electronic Power Steering Sales Value, 2019-2030
6.5.2 China Electronic Power Steering Sales Value by Type (%), 2023 VS 2030
6.5.3 China Electronic Power Steering Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Electronic Power Steering Sales Value, 2019-2030
6.6.2 Japan Electronic Power Steering Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Electronic Power Steering Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Electronic Power Steering Sales Value, 2019-2030
6.7.2 South Korea Electronic Power Steering Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Electronic Power Steering Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Electronic Power Steering Sales Value, 2019-2030
6.8.2 Southeast Asia Electronic Power Steering Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Electronic Power Steering Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Electronic Power Steering Sales Value, 2019-2030
6.9.2 India Electronic Power Steering Sales Value by Type (%), 2023 VS 2030
6.9.3 India Electronic Power Steering Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 JTEKT
7.1.1 JTEKT Company Information
7.1.2 JTEKT Introduction and Business Overview
7.1.3 JTEKT Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.1.4 JTEKT Electronic Power Steering Product Offerings
7.1.5 JTEKT Recent Development
7.2 Bosch
7.2.1 Bosch Company Information
7.2.2 Bosch Introduction and Business Overview
7.2.3 Bosch Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Bosch Electronic Power Steering Product Offerings
7.2.5 Bosch Recent Development
7.3 Nexteer
7.3.1 Nexteer Company Information
7.3.2 Nexteer Introduction and Business Overview
7.3.3 Nexteer Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Nexteer Electronic Power Steering Product Offerings
7.3.5 Nexteer Recent Development
7.4 ZF
7.4.1 ZF Company Information
7.4.2 ZF Introduction and Business Overview
7.4.3 ZF Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.4.4 ZF Electronic Power Steering Product Offerings
7.4.5 ZF Recent Development
7.5 NSK
7.5.1 NSK Company Information
7.5.2 NSK Introduction and Business Overview
7.5.3 NSK Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.5.4 NSK Electronic Power Steering Product Offerings
7.5.5 NSK Recent Development
7.6 Hitachi Astemo (Showa)
7.6.1 Hitachi Astemo (Showa) Company Information
7.6.2 Hitachi Astemo (Showa) Introduction and Business Overview
7.6.3 Hitachi Astemo (Showa) Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Hitachi Astemo (Showa) Electronic Power Steering Product Offerings
7.6.5 Hitachi Astemo (Showa) Recent Development
7.7 Hyundai Mobis
7.7.1 Hyundai Mobis Company Information
7.7.2 Hyundai Mobis Introduction and Business Overview
7.7.3 Hyundai Mobis Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Hyundai Mobis Electronic Power Steering Product Offerings
7.7.5 Hyundai Mobis Recent Development
7.8 Thyssenkrupp
7.8.1 Thyssenkrupp Company Information
7.8.2 Thyssenkrupp Introduction and Business Overview
7.8.3 Thyssenkrupp Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Thyssenkrupp Electronic Power Steering Product Offerings
7.8.5 Thyssenkrupp Recent Development
7.9 Mando
7.9.1 Mando Company Information
7.9.2 Mando Introduction and Business Overview
7.9.3 Mando Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Mando Electronic Power Steering Product Offerings
7.9.5 Mando Recent Development
7.10 CAAS
7.10.1 CAAS Company Information
7.10.2 CAAS Introduction and Business Overview
7.10.3 CAAS Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.10.4 CAAS Electronic Power Steering Product Offerings
7.10.5 CAAS Recent Development
7.11 Zhuzhou Elite
7.11.1 Zhuzhou Elite Company Information
7.11.2 Zhuzhou Elite Introduction and Business Overview
7.11.3 Zhuzhou Elite Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Zhuzhou Elite Electronic Power Steering Product Offerings
7.11.5 Zhuzhou Elite Recent Development
7.12 Yubei
7.12.1 Yubei Company Information
7.12.2 Yubei Introduction and Business Overview
7.12.3 Yubei Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Yubei Electronic Power Steering Product Offerings
7.12.5 Yubei Recent Development
7.13 Zhejiang Shibao
7.13.1 Zhejiang Shibao Company Information
7.13.2 Zhejiang Shibao Introduction and Business Overview
7.13.3 Zhejiang Shibao Electronic Power Steering Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Zhejiang Shibao Electronic Power Steering Product Offerings
7.13.5 Zhejiang Shibao Recent Development
8 Industry Chain Analysis
8.1 Electronic Power Steering Industrial Chain
8.2 Electronic Power Steering 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 Electronic Power Steering Sales Model
8.5.2 Sales Channel
8.5.3 Electronic Power Steering 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
List of Tables Table 1. Electronic Power Steering Market Trends Table 2. Electronic Power Steering Market Drivers & Opportunity Table 3. Electronic Power Steering Market Challenges Table 4. Electronic Power Steering Market Restraints Table 5. Global Electronic Power Steering Revenue by Company (2019-2024) & (US$ Million) Table 6. Global Electronic Power Steering Revenue Market Share by Company (2019-2024) Table 7. Global Electronic Power Steering Sales Volume by Company (2019-2024) & (K Units) Table 8. Global Electronic Power Steering Sales Volume Market Share by Company (2019-2024) Table 9. Global Market Electronic Power Steering Price by Company (2019-2024) & (US$/Unit) Table 10. Key Manufacturers Electronic Power Steering Manufacturing Base Distribution and Headquarters Table 11. Key Manufacturers Electronic Power Steering Product Type Table 12. Key Manufacturers Time to Begin Mass Production of Electronic Power Steering Table 13. Global Electronic Power Steering Manufacturers Market Concentration Ratio (CR5 and HHI) Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electronic Power Steering as of 2023) Table 15. Mergers & Acquisitions, Expansion Plans Table 16. Global Electronic Power Steering Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million) Table 17. Global Electronic Power Steering Sales Value by Type (2019-2024) & (US$ Million) Table 18. Global Electronic Power Steering Sales Value by Type (2025-2030) & (US$ Million) Table 19. Global Electronic Power Steering Sales Market Share in Value by Type (2019-2024) & (%) Table 20. Global Electronic Power Steering Sales Market Share in Value by Type (2025-2030) & (%) Table 21. Global Electronic Power Steering Sales Volume by Type: 2019 VS 2023 VS 2030 (K Units) Table 22. Global Electronic Power Steering Sales Volume by Type (2019-2024) & (K Units) Table 23. Global Electronic Power Steering Sales Volume by Type (2025-2030) & (K Units) Table 24. Global Electronic Power Steering Sales Market Share in Volume by Type (2019-2024) & (%) Table 25. Global Electronic Power Steering Sales Market Share in Volume by Type (2025-2030) & (%) Table 26. Global Electronic Power Steering Price by Type (2019-2024) & (US$/Unit) Table 27. Global Electronic Power Steering Price by Type (2025-2030) & (US$/Unit) Table 28. Global Electronic Power Steering Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million) Table 29. Global Electronic Power Steering Sales Value by Application (2019-2024) & (US$ Million) Table 30. Global Electronic Power Steering Sales Value by Application (2025-2030) & (US$ Million) Table 31. Global Electronic Power Steering Sales Market Share in Value by Application (2019-2024) & (%) Table 32. Global Electronic Power Steering Sales Market Share in Value by Application (2025-2030) & (%) Table 33. Global Electronic Power Steering Sales Volume by Application: 2019 VS 2023 VS 2030 (K Units) Table 34. Global Electronic Power Steering Sales Volume by Application (2019-2024) & (K Units) Table 35. Global Electronic Power Steering Sales Volume by Application (2025-2030) & (K Units) Table 36. Global Electronic Power Steering Sales Market Share in Volume by Application (2019-2024) & (%) Table 37. Global Electronic Power Steering Sales Market Share in Volume by Application (2025-2030) & (%) Table 38. Global Electronic Power Steering Price by Application (2019-2024) & (US$/Unit) Table 39. Global Electronic Power Steering Price by Application (2025-2030) & (US$/Unit) Table 40. Global Electronic Power Steering Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million) Table 41. Global Electronic Power Steering Sales Value by Region (2019-2024) & (US$ Million) Table 42. Global Electronic Power Steering Sales Value by Region (2025-2030) & (US$ Million) Table 43. Global Electronic Power Steering Sales Value by Region (2019-2024) & (%) Table 44. Global Electronic Power Steering Sales Value by Region (2025-2030) & (%) Table 45. Global Electronic Power Steering Sales Volume by Region (K Units): 2019 VS 2023 VS 2030 Table 46. Global Electronic Power Steering Sales Volume by Region (2019-2024) & (K Units) Table 47. Global Electronic Power Steering Sales Volume by Region (2025-2030) & (K Units) Table 48. Global Electronic Power Steering Sales Volume by Region (2019-2024) & (%) Table 49. Global Electronic Power Steering Sales Volume by Region (2025-2030) & (%) Table 50. Global Electronic Power Steering Average Price by Region (2019-2024) & (US$/Unit) Table 51. Global Electronic Power Steering Average Price by Region (2025-2030) & (US$/Unit) Table 52. Key Countries/Regions Electronic Power Steering Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030 Table 53. Key Countries/Regions Electronic Power Steering Sales Value, (2019-2024) & (US$ Million) Table 54. Key Countries/Regions Electronic Power Steering Sales Value, (2025-2030) & (US$ Million) Table 55. Key Countries/Regions Electronic Power Steering Sales Volume, (2019-2024) & (K Units) Table 56. Key Countries/Regions Electronic Power Steering Sales Volume, (2025-2030) & (K Units) Table 57. JTEKT Company Information Table 58. JTEKT Introduction and Business Overview Table 59. JTEKT Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 60. JTEKT Electronic Power Steering Product Offerings Table 61. JTEKT Recent Development Table 62. Bosch Company Information Table 63. Bosch Introduction and Business Overview Table 64. Bosch Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 65. Bosch Electronic Power Steering Product Offerings Table 66. Bosch Recent Development Table 67. Nexteer Company Information Table 68. Nexteer Introduction and Business Overview Table 69. Nexteer Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 70. Nexteer Electronic Power Steering Product Offerings Table 71. Nexteer Recent Development Table 72. ZF Company Information Table 73. ZF Introduction and Business Overview Table 74. ZF Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 75. ZF Electronic Power Steering Product Offerings Table 76. ZF Recent Development Table 77. NSK Company Information Table 78. NSK Introduction and Business Overview Table 79. NSK Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 80. NSK Electronic Power Steering Product Offerings Table 81. NSK Recent Development Table 82. Hitachi Astemo (Showa) Company Information Table 83. Hitachi Astemo (Showa) Introduction and Business Overview Table 84. Hitachi Astemo (Showa) Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 85. Hitachi Astemo (Showa) Electronic Power Steering Product Offerings Table 86. Hitachi Astemo (Showa) Recent Development Table 87. Hyundai Mobis Company Information Table 88. Hyundai Mobis Introduction and Business Overview Table 89. Hyundai Mobis Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 90. Hyundai Mobis Electronic Power Steering Product Offerings Table 91. Hyundai Mobis Recent Development Table 92. Thyssenkrupp Company Information Table 93. Thyssenkrupp Introduction and Business Overview Table 94. Thyssenkrupp Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 95. Thyssenkrupp Electronic Power Steering Product Offerings Table 96. Thyssenkrupp Recent Development Table 97. Mando Company Information Table 98. Mando Introduction and Business Overview Table 99. Mando Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 100. Mando Electronic Power Steering Product Offerings Table 101. Mando Recent Development Table 102. CAAS Company Information Table 103. CAAS Introduction and Business Overview Table 104. CAAS Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 105. CAAS Electronic Power Steering Product Offerings Table 106. CAAS Recent Development Table 107. Zhuzhou Elite Company Information Table 108. Zhuzhou Elite Introduction and Business Overview Table 109. Zhuzhou Elite Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 110. Zhuzhou Elite Electronic Power Steering Product Offerings Table 111. Zhuzhou Elite Recent Development Table 112. Yubei Company Information Table 113. Yubei Introduction and Business Overview Table 114. Yubei Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 115. Yubei Electronic Power Steering Product Offerings Table 116. Yubei Recent Development Table 117. Zhejiang Shibao Company Information Table 118. Zhejiang Shibao Introduction and Business Overview Table 119. Zhejiang Shibao Electronic Power Steering Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024) Table 120. Zhejiang Shibao Electronic Power Steering Product Offerings Table 121. Zhejiang Shibao Recent Development Table 122. Key Raw Materials Lists Table 123. Raw Materials Key Suppliers Lists Table 124. Electronic Power Steering Downstream Customers Table 125. Electronic Power Steering Distributors List Table 126. Research Programs/Design for This Report Table 127. Key Data Information from Secondary Sources Table 128. Key Data Information from Primary Sources List of Figures Figure 1. Electronic Power Steering Product Picture Figure 2. Global Electronic Power Steering Sales Value, 2019 VS 2023 VS 2030 (US$ Million) Figure 3. Global Electronic Power Steering Sales Value (2019-2030) & (US$ Million) Figure 4. Global Electronic Power Steering Sales Volume (2019-2030) & (K Units) Figure 5. Global Electronic Power Steering Sales Price (2019-2030) & (US$/Unit) Figure 6. Electronic Power Steering Report Years Considered Figure 7. Global Electronic Power Steering Players Revenue Ranking (2023) & (US$ Million) Figure 8. Global Electronic Power Steering Players Sales Volume Ranking (2023) & (K Units) Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Electronic Power Steering Revenue in 2023 Figure 10. Electronic Power Steering Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023 Figure 11. Column Assist EPS Picture Figure 12. Single-Pinion Assist EPS Picture Figure 13. Dual-Pinion Assist EPS Picture Figure 14. Rack Assist EPS Picture Figure 15. Global Electronic Power Steering Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million) Figure 16. Global Electronic Power Steering Sales Value Market Share by Type, 2023 & 2030 Figure 17. Global Electronic Power Steering Sales Volume by Type (2019 VS 2023 VS 2030) & (K Units) Figure 18. Global Electronic Power Steering Sales Volume Market Share by Type, 2023 & 2030 Figure 19. Global Electronic Power Steering Price by Type (2019-2030) & (US$/Unit) Figure 20. Product Picture of Commercial Vehicles Figure 21. Product Picture of Passenger Cars Figure 22. Global Electronic Power Steering Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million) Figure 23. Global Electronic Power Steering Sales Value Market Share by Application, 2023 & 2030 Figure 24. Global Electronic Power Steering Sales Volume by Application (2019 VS 2023 VS 2030) & (K Units) Figure 25. Global Electronic Power Steering Sales Volume Market Share by Application, 2023 & 2030 Figure 26. Global Electronic Power Steering Price by Application (2019-2030) & (US$/Unit) Figure 27. North America Electronic Power Steering Sales Value (2019-2030) & (US$ Million) Figure 28. North America Electronic Power Steering Sales Value by Country (%), 2023 VS 2030 Figure 29. Europe Electronic Power Steering Sales Value (2019-2030) & (US$ Million) Figure 30. Europe Electronic Power Steering Sales Value by Country (%), 2023 VS 2030 Figure 31. Asia Pacific Electronic Power Steering Sales Value (2019-2030) & (US$ Million) Figure 32. Asia Pacific Electronic Power Steering Sales Value by Country (%), 2023 VS 2030 Figure 33. South America Electronic Power Steering Sales Value (2019-2030) & (US$ Million) Figure 34. South America Electronic Power Steering Sales Value by Country (%), 2023 VS 2030 Figure 35. Middle East & Africa Electronic Power Steering Sales Value (2019-2030) & (US$ Million) Figure 36. Middle East & Africa Electronic Power Steering Sales Value by Country (%), 2023 VS 2030 Figure 37. Key Countries/Regions Electronic Power Steering Sales Value (%), (2019-2030) Figure 38. Key Countries/Regions Electronic Power Steering Sales Volume (%), (2019-2030) Figure 39. United States Electronic Power Steering Sales Value, (2019-2030) & (US$ Million) Figure 40. United States Electronic Power Steering Sales Value by Type (%), 2023 VS 2030 Figure 41. United States Electronic Power Steering Sales Value by Application (%), 2023 VS 2030 Figure 42. Europe Electronic Power Steering Sales Value, (2019-2030) & (US$ Million) Figure 43. Europe Electronic Power Steering Sales Value by Type (%), 2023 VS 2030 Figure 44. Europe Electronic Power Steering Sales Value by Application (%), 2023 VS 2030 Figure 45. China Electronic Power Steering Sales Value, (2019-2030) & (US$ Million) Figure 46. China Electronic Power Steering Sales Value by Type (%), 2023 VS 2030 Figure 47. China Electronic Power Steering Sales Value by Application (%), 2023 VS 2030 Figure 48. Japan Electronic Power Steering Sales Value, (2019-2030) & (US$ Million) Figure 49. Japan Electronic Power Steering Sales Value by Type (%), 2023 VS 2030 Figure 50. Japan Electronic Power Steering Sales Value by Application (%), 2023 VS 2030 Figure 51. South Korea Electronic Power Steering Sales Value, (2019-2030) & (US$ Million) Figure 52. South Korea Electronic Power Steering Sales Value by Type (%), 2023 VS 2030 Figure 53. South Korea Electronic Power Steering Sales Value by Application (%), 2023 VS 2030 Figure 54. Southeast Asia Electronic Power Steering Sales Value, (2019-2030) & (US$ Million) Figure 55. Southeast Asia Electronic Power Steering Sales Value by Type (%), 2023 VS 2030 Figure 56. Southeast Asia Electronic Power Steering Sales Value by Application (%), 2023 VS 2030 Figure 57. India Electronic Power Steering Sales Value, (2019-2030) & (US$ Million) Figure 58. India Electronic Power Steering Sales Value by Type (%), 2023 VS 2030 Figure 59. India Electronic Power Steering Sales Value by Application (%), 2023 VS 2030 Figure 60. Electronic Power Steering Industrial Chain Figure 61. Electronic Power Steering Manufacturing Cost Structure Figure 62. Channels of Distribution (Direct Sales, and Distribution) Figure 63. Bottom-up and Top-down Approaches for This Report Figure 64. Data Triangulation Figure 65. Key Executives Interviewed
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 vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption. The global market for Electronic Power Steering was estimated to be worth US$ 16620 million in 2023 and is forecast to a readjusted size of US$ 20300 million by 2030 with a CAGR of 2.7% during the forecast period 2024-2030
North American market for Electronic Power Steering was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030. Asia-Pacific market for Electronic Power Steering was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030. Europe market for Electronic Power Steering was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030. The global key companies of Electronic Power Steering include JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp and Mando, etc. In 2023, the global five largest players hold a share approximately % in terms of revenue. Report Scope This report aims to provide a comprehensive presentation of the global market for Electronic Power Steering, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electronic Power Steering by region & country, by Type, and by Application. The Electronic Power Steering 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 Electronic Power Steering. Market Segmentation
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 Electronic Power Steering 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 Electronic Power Steering 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 Electronic Power Steering 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.
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now