Introduction
Automotive Electric Power Steering Market was worth at USD XX Billion in 2019 and is projected to reach USD XX billion by 2025, at a CAGR of XX% from 2020-2025. Due to the automation of vehicles and growing demand for the comfort driving vehicles which includes effortless driving and maneuverability of the vehicle, Power Steering is on the rise. Automotive Electric Power Steering is used to control the direction of vehicle motion with driver maneuver which helps the driver to control the vehicle as per requirement. Additionally, regulatory push towards efficient technologies, global OEM’s measures to reduce the complexity & weight of vehicles and increase vehicle production, are also major driving factors for the Automotive Electric Power Steering Market.
On the other hand, the high cost of the Automotive Electronic Power Steering as compared to the traditional steering and lack of steering feel while driving, are some of the restraining factors of this Market.
Geographical Overview
At a global level, the Asia Pacific region was estimated to hold the highest market share. Asia Pacific region is considered the fastest-growing region with key players adopting expansion strategy in this region to dominate the market share in the coming years. China and India are offering ample opportunities for the growth of the Automotive Electric Power Steering Market with its high population base. Key factors such as increase in production of vehicles, electrification of vehicles and rising stringency of emission norms are driving the Automotive Electric Power Steering Market in the Asia Pacific region.
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Segmental Overview
Automotive Electric Power Steering Market is segmented as per below specifications -
By Product Type:
? H- EPS
? C-EPS
? P-EPS
? R-EPS
By Vehicle Type:
? Compact Passenger Cars
? Mid-Size Passenger Cars
? Premium Passenger Cars
? Luxury Passenger Cars
? Light Commercial Vehicles
? Heavy Commercial Vehicles
Competitor Analysis
Automotive Electric Power Steering Market has presence of some of the key major players across globe which includes
? Nexteer Automotive
? Robert Bosch Automotive Steering GmbH
? ZF TRW Automotive Holding Corporation
? NSK Limited
? JOYSON
? TOKAIRIKA
? Hitachi Automotive
? JTEKT Corporation
? KSR International Company
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
? North America
o U.S.
o Canada
? Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
? Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
? Latin America
o Brazil
o Argentina
o Rest of LATAM
? Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is the Automotive Electric Power Steering Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrants?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Automotive Electric Power Steering Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porter's Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis
Global Automotive Electric Power Steering Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6.1 Nexteer Automotive
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 Robert Bosch Automotive Steering GmbH
6.3 ZF TRW Automotive Holding Corporation
6.4 NSK Limited
6.5 JOYSON
6.6 TOKAIRIKA
6.7 Hitachi Automotive
6.8 JTEKT Corporation
6.9 KSR International Company
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 9 Companies
Chapter 8 Global Automotive Electric Power Steering Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 H-EPS
8.2 C-EPS
8.3 P-EPS
8.4 R-EPS
Chapter 9 Global Automotive Electric Power Steering Market by Vehicle Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Compact Passenger Cars
9.2 Mid-Size Passenger Cars
9.3 Premium Passenger Cars
9.4 Luxury Passenger Cars
9.5 Light Commercial Vehicle
9.6 Heavy Commercial Vehicle
Chapter 10 Appendix
10.1 Data Sources
10.2 Abbreviations
10.3 About US
10.4 Disclaimer
10.5 Key Notes
Table 1 Global Automotive Electric Power Steering Market, by Region, 2017 - 2025 (USD Billion)
Table 2 Global Automotive Electric Power Steering Market, by Product Type, 2017 - 2025 (USD Billion)
Table 3 Global Automotive Electric Power Steering Market, by Vehicle Type, 2017 - 2025 (USD Billion)
Table 4 North America Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 5 North America Automotive Electric Power Steering Market by Product Type 2017 - 2025 (USD Billion)
Table 6 North America Automotive Electric Power Steering Market by Vehicle Type 2017 - 2025 (USD Billion)
Table 7 US Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 8 Canada Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 9 Europe Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 10 Europe Automotive Electric Power Steering Market by Product Type 2017 - 2025 (USD Billion)
Table 11 Europe Automotive Electric Power Steering Market by Vehicle Type 2017 - 2025 (USD Billion)
Table 12 UK Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 13 Germany Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 14 France Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 15 Spain Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 16 Italy Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 17 Russia & CIS Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 18 Rest of Europe Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 19 Asia Pacific Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 20 Asia Pacific Automotive Electric Power Steering Market by Product Type 2017 - 2025 (USD Billion)
Table 21 Asia Pacific Automotive Electric Power Steering Market by Vehicle Type 2017 - 2025 (USD Billion)
Table 22 China Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 23 Japan Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 24 India Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 25 South Korea Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 26 ASEAN Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 27 Rest of Asia Pacific Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 28 Latin America Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 29 Latin America Automotive Electric Power Steering Market by Product Type 2017 - 2025 (USD Billion)
Table 30 Latin America Automotive Electric Power Steering Market by Vehicle Type 2017 - 2025 (USD Billion)
Table 31 Brazil Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 32 Argentina Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 33 Rest of Latin America Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 34 Middle East Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 35 Middle East Automotive Electric Power Steering Market by Product Type 2017 - 2025 (USD Billion)
Table 36 Middle East Automotive Electric Power Steering Market by Vehicle Type 2017 - 2025 (USD Billion)
Table 37 Africa Automotive Electric Power Steering Market 2017 - 2025 (USD Billion)
Table 38 Africa Automotive Electric Power Steering Market by Product Type 2017 - 2025 (USD Billion)
Table 39 Africa Automotive Electric Power Steering Market by Vehicle Type 2017 - 2025 (USD Billion)
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porter's Five forces analysis
Fig. 7 Automotive Electric Power Steering Market: Penetration & growth prospect mapping
Fig. 8 Automotive Electric Power Steering Market: Competitive snapshot
Fig. 9 Automotive Electric Power Steering Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11 Automotive Electric Power Steering Market: Product Analysis, 2017 - 2025
Fig. 12 Automotive Electric Power Steering Market: Regional Analysis, 2017 - 2025
Fig. 13 Automotive Electric Power Steering Market: Competitive Matrix
Fig. 14 Automotive Electric Power Steering Market: Revenue Mix