Global Automotive Electronic Power Steering Market Insights and Forecast to 2027

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.
Geographically, the global Automotive Electronic Power Steering market has been segmented into North America, Europe, China, Japan & Kore and other. The Europe held the largest share in the global market, its revenue of global market exceeds 29% in 2018. The next is Europe.

Market Analysis and Insights: Global Automotive Electronic Power Steering Market
The global Automotive Electronic Power Steering market is valued at US$ 25390 million in 2019. The market size will reach US$ 39640 million by the end of 2026, growing at a CAGR of 6.5% during 2021-2026.

Global Automotive Electronic Power Steering Scope and Segment
Automotive Electronic Power Steering market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Electronic Power Steering market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
C-EPS
P-EPS
R-EPS

Segment by Application
Passenger Vehicle
Commercial Vehicle

By Company
JTEKT
Bosch
Nexteer Automobile
ZF
NSK
Mobis
Showa
Thyssenkrupp
Mando
CAAS

Production by Region
North America
Europe
China
Japan
South Korea
India

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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