Electric Power Assisted Steering Market By Manufacturers, By Type (C-EPS, P-EPS, R-EPS), By Application (Commercial Vehicles, Passenger Vehicles), and By Regions (North America, Europe, Middle East and Africa, Latin America and Asia Pacific) - Global Outlook to 2026
Report ID: 391247 | Feb 2020 | No. of Pages: 120 |
Covid-19 Impact Analysis & Forecast
Global Electric Power Assisted Steering Market is valued USD 75.32 Billion in 2019 and is projected is to exhibit 0.5% CAGR during the forecast period. The market is projected to be around USD 78 Billion by 2026. The market is driven by the rapid increase in the development of connected IoT devices.

EPAS stands for Electric Power Assisted Steering. Electric Power Steering (EPS) is another name for EPAS. In almost all automated vehicles, Electric Power Steering (EPS) is in use. The main objective of any type of power steering system is to attenuate the driver effort required to steer the vehicle that is the torque implemented on the steering wheel, and it uses an electric motor for the same purpose.
Electric Power Assisted Steering Market Dynamics
The factors driving the growth of the desktop ip telephone system market are growing the adoption of desktop IP telephone system in various sectors such as manufacturing units, suppliers, distributors, service providers, and others. Furthermore, innovative technological advancements and value-added services provided by manufacturers are some factors boosting the growth of the Injectable Drug Delivery market.

Additionally, the growth of the desktop IP telephone system market is driven by industry players concentrating intensely on the implementation of desktop IP telephone system across corporate and individual customer sectors. At the same time, high initial set-up costs for desktop IP telephone system and connectivity & functionality issues are some key factors hindering the growth of the global Injectable Drug Delivery market. However, the development of more cost-effective Injectable Drug Delivery technologies and the production of multi-functionality IP phones that provide user-friendly interfaces can create major opportunities for players in the market.
Electric Power Assisted Steering Market Insight
Based on the region, North America is expected to dominate the market of an Electric Power Assisted Steering, due to the presence of global players in the U.S. Growing Organization sizes and increasing application area of the Electric Power Assisted Steering is supporting the market Electric Power Assisted Steering in North America. Europe holds the second-largest market in the Electric Power Assisted Steering market. However, Asia-Pacific has emerged as a faster-growing market, due to the developing economy of Asian countries India and China.
Electric Power Assisted Steering Market Segmentation
The global Electric Power Assisted Steering Market is segmented into type, application, and region. On the basis of the type the market is divided into C-EPS, P-EPS, and R-EPS. Based on application the market is segmented into commercial vehicles, passenger vehicles. And based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.
Electric Power Assisted Steering Market Competitive Landscape
The key players in Electric Power Assisted Steering Market are listed as JTEKT, Bosch, NSK, Nexteer, ZF, Mobis, Showa, Thyssenkrupp, Mando, and Other.
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
Chapter 4. Market Outlook
4.1. Market Dynamics
4.1.1. Market Drivers
4.1.2. Market Restraints
4.1.3. Market Opportunities
4.2. Porter’s Analysis
4.3. Value Chain Analysis
Chapter 5. Electric Power Assisted Steering Market, By Type
5.1. Electric Power Assisted Steering Market, By Type, 2018-2026
5.2. C-EPS
5.3. P-EPS
5.4. R-EPS
Chapter 6. Electric Power Assisted Steering Market, By Application
6.1. Electric Power Assisted Steering Market, by Application, 2018-2026
6.2. Commercial Vehicles
6.3. Passenger Vehicles
Chapter 7. Electric Power Assisted Steering Market, By Region
7.1. Electric Power Assisted Steering Market, by Region, 2018-2026
7.1.1. North America U.S Rest of North America
7.1.2. Europe U.K. Germany France Rest of the Europe
7.1.3. Middle East & Africa (MEA) GCC North Africa South Africa Rest of MEA
7.1.4. Latin America (LATAM) Brazil Rest of LATAM
7.1.5. Asia Pacific (APAC) India China Japan Rest of the APAC
Chapter 8. Competitive Landscape
8.1.1. Key Strategies Adopted by Players
8.1.2. Market Share/Positioning Analysis
Chapter 9. Company Profiles
9.1. JTEKT
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. Bosch
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. NSK
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. Nexteer
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5 ZF
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. Mobis
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Showa
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. Thyssenkrupp
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. Mando
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. List of other companies
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
Chapter 10. Appendix
10.1. About Us
10.2. Glossary of Terms

1. This report provides in depth analysis for changing competitive dynamics and keeps you ahead of competitors
2. Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
3. It provides a forward looking perspective on different factors driving or restraining market growth
4. It provides an eight-year forecast assessed on the basis of how the market is expected to grow
5. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of various market segment
6. Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

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