Los Angeles, CA -- (SBWIRE) -- 01/07/2019 -- This study focuses on the production side and consumption side of Electric Power Steering System (EPS), presents the global Electric Power Steering System (EPS) market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Electric Power Steering System (EPS) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Electric Power Steering System (EPS) by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Automotive Electronic Power Steering System 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 consumption of the automotive electronic power steering system is about 62 million units in 2016, the CAGR is 8%, the Europe is the largest production region, it occupies about26% market share in 2016, the North America occupies about 18% market share, the JP&KR occupies about 18.6% market share, the China occupies about 21.1% market share. The average price of the automotive electronic power steering system is about 323 usd per unit, the price shows downstream trend, the gross margin is about 21.78% in 2015, it has the similar trend with price.

In the future, the total install ratio will still have increase trend, and it will have great influence on the reduce of fuel consumption. The Electric Power Steering System (EPS) market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Power Steering System (EPS).

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This report includes the following manufacturers; we can also add the other companies as you want.

JTEKT

Bosch

NSK

Nexteer

ZF

Mobis

Showa

Thyssenkrupp

Mando

Market Segment by Product Type

C-EPS

P-EPS

R-EPS

Market Segment by Application

Passenger Vehicle

Commercial Vehicle

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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