This study offers a comprehensive, 360 degree analysis on the Automotive Electric Power Steering (EPS) Market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Automotive Electric Power Steering (EPS) Market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
The demand for electric power steering in the automotive industry is on the rise due to improved fuel efficiency in vehicles and lower mechanical complexity. The increasing production of passenger and commercial vehicles along with demand for advanced safety and convenience are contributing towards a healthy growth of the automotive electric power steering market. Major market manufacturers are adopting various strategies, including technological innovations and mergers and acquisitions for their growth.
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Leading Key Market Players: GKN Automotive Limited, Hitachi Automotive Systems, Ltd., Hyundai Mobis Co., Ltd., JTEKT Corporation, Mitsubishi Electric Corporation, Nexteer Automotive Corporation, NSK Ltd., Robert Bosch GmbH, Showa Corporation, ZF Friedrichshafen AG
The Report Enables You to-
• Formulate significant competitor information, analysis, and insights to improve R&D strategies
• Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
• Identify and understand important and diverse types of Automotive Electric Power Steering (EPS) Market under development
• Develop market entry and market expansion strategies
• Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
• In-depth analysis of the product’s current stage of development, territory and estimated launch date
A detailed Automotive Electric Power Steering (EPS) Market SWOT analysis provides strategic information on the strengths and weaknesses of key players in the market, categories and country growth prospects, challenges and intimidation from current competition and future growth prospects, and global and regional market positions.
The global automotive electric power steering market is segmented on the basis of component and vehicle type. Based on component, the market is segmented as steering column, steering motor, sensor, and others. On the basis of the vehicle type, the market is segmented as passenger cars, light commercial vehicles, and heavy commercial vehicles.
The Automotive Electric Power Steering (EPS) Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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This post was originally published on The Picayune Current