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Global Automotive Electric Power Steering Market Growth 2022-2028
SKU ID : LPI-19929691 | Publishing Date : 14-Jan-2022
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As the global economy mends, the 2021 growth of Automotive Electric Power Steering will have significant change from previous year. According to our (LP Information) latest study, the global Automotive Electric Power Steering market size is USD million in 2022 from USD 20930 million in 2021, with a change of % between 2021 and 2022. The global Automotive Electric Power Steering market size will reach USD 25580 million in 2028, growing at a CAGR of 2.9% over the analysis period.
The United States Automotive Electric Power Steering market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Automotive Electric Power Steering market, reaching US$ million by the year 2028. As for the Europe Automotive Electric Power Steering landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Automotive Electric Power Steering players cover JTEKToration, Robert Bosch Automotive Steering GmbH, NSK, and Nexteer Automotive, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electric Power Steering market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Column Assist EPS
Single-Pinion Assist EPS
Dual-Pinion Assist EPS
Rack Assist EPS
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Passenger Car
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
JTEKToration
Robert Bosch Automotive Steering GmbH
NSK
Nexteer Automotive
ZF TRW Automotive Holdingsoration
Delphi Automotive
China Automotive Systems
Mandooration
Showaoration
The United States Automotive Electric Power Steering market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Automotive Electric Power Steering market, reaching US$ million by the year 2028. As for the Europe Automotive Electric Power Steering landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Automotive Electric Power Steering players cover JTEKToration, Robert Bosch Automotive Steering GmbH, NSK, and Nexteer Automotive, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electric Power Steering market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Column Assist EPS
Single-Pinion Assist EPS
Dual-Pinion Assist EPS
Rack Assist EPS
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Passenger Car
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
JTEKToration
Robert Bosch Automotive Steering GmbH
NSK
Nexteer Automotive
ZF TRW Automotive Holdingsoration
Delphi Automotive
China Automotive Systems
Mandooration
Showaoration
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
