Electric Power Assisted Steering Market - Forecast(2019 - 2024)

Report Code: ATR 0013 Report Format: PDF + Excel (Delivery in 48 Hrs)
Electric power steering (EPS) uses an electric motor to assist during the driving of a vehicle. Sensors detect the position and torque of the steering column, and a computer module applies assistive torque via the motor, which connects to either the steering gear or steering column. Passenger, commercial, light commercial vehicle, sports cars are the different end-user segments of EPS. Manual, hydraulic and electric powered steering systems are the key electric power steering types present in the market currently. Electric steering systems are mechanically less complex with fewer moving parts and no fluids. It is, hence, more reliable as well as simpler for the OEMs and customers too. Fuel economy is the biggest benefit to the end customers due to EPS and is the major driver for the electric power assisted steering market growth. It is estimated that significant fuel savings of around 0.3-0.4 liters/100km along with reduction in CO2 emissions of 5-7g/km can be attained due to EPS. With electric cars growing in shipments and offering competition to fuel-based cars, EPS systems are the key factors, especially for traditional automotive OEMs to prolong their business.

The global electric power assisted steering market generated revenue of $29.3 Billion in 2015 and is estimated to grow at 11.4% through 2020 to reach $50.2 Billion. IndustryARC also forecasts the overall shipments of EPS in automotive to double from around 48 million units in 2015 to around 91 million units in 2020. The overall electric power steering market revenue was around $7.5 billion in the U.S. in 2015 and is estimated to grow at a CAGR of 9.34% till 2020.

Power steering systems use ECUs, torque sensors, brushless motor position sensors, motors, and steering angle sensors generally. The report describes the Electric Power Steering market by product types, modules, fuel types, components, geography, and industry verticals. High level analysis about the individual Electric Power Steering product costs, strategies, future opportunities along with the business landscape analysis of key market players are focused in the report.

Sample Companies Profiled in this Report are:
  • Martinrea International Inc.
  • Mitsubishi Electric Corporation
  • Trelleborg
  • Robert Bosch GmbH
  • China Automotive Systems Inc.
  • 10+.
1. Electric Power Assisted Steering Market - Overview
1.1. Definitions and Scope
2. Electric Power Assisted Steering Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Electric Power Assisted Steering Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Electric Power Assisted Steering Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Electric Power Assisted Steering Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Electric Power Assisted Steering Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Electric Power Assisted Steering Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Electric Power Assisted Steering Market – By Type (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Introduction
8.3.2. Electric powered hydraulic steering
8.3.3. Electric powered steering systems
8.3.3.1. Column drive electric power steering
8.3.3.2. Pinion drive electric power steering
8.3.3.3. Dual point pinion electric power steering
8.3.3.4. Rack drive electric power steering
8.3.3.5. Direct drive electric power steering
9. Electric Power Assisted Steering Market – By System Components (Market Size -$Million / $Billion)
9.1. Steering wheel
9.2. Steering angle sensor
9.3. Steering column
9.4. Steering moment sensor
9.5. Steering gear
9.6. Steering motor
9.7. Steering hoses
9.8. Power steering control unit
10. Electric Power Assisted Steering Market – By Vehicle Type (Market Size -$Million / $Billion)
10.1. Introduction
10.2. Passenger
10.3. Commercial
10.4. Light Commercial Vehicle
10.5. Sports Vehicles
10.6. Others
11. Electric Power Assisted Steering - By Geography (Market Size -$Million / $Billion)
11.1. Electric Power Assisted Steering Market - North America Segment Research
11.2. North America Market Research (Million / $Billion)
11.2.1. Segment type Size and Market Size Analysis 
11.2.2. Revenue and Trends
11.2.3. Application Revenue and Trends by type of Application
11.2.4. Company Revenue and Product Analysis
11.2.5. North America Product type and Application Market Size
11.2.5.1. U.S.
11.2.5.2. Canada 
11.2.5.3. Mexico 
11.2.5.4. Rest of North America
11.3. Electric Power Assisted Steering - South America Segment Research
11.4. South America Market Research (Market Size -$Million / $Billion)
11.4.1. Segment type Size and Market Size Analysis 
11.4.2. Revenue and Trends
11.4.3. Application Revenue and Trends by type of Application
11.4.4. Company Revenue and Product Analysis
11.4.5. South America Product type and Application Market Size
11.4.5.1. Brazil  
11.4.5.2. Venezuela
11.4.5.3. Argentina
11.4.5.4. Ecuador
11.4.5.5. Peru
11.4.5.6. Colombia 
11.4.5.7. Costa Rica
11.4.5.8. Rest of South America
11.5. Electric Power Assisted Steering - Europe Segment Research
11.6. Europe Market Research (Market Size -$Million / $Billion)
11.6.1. Segment type Size and Market Size Analysis 
11.6.2. Revenue and Trends
11.6.3. Application Revenue and Trends by type of Application
11.6.4. Company Revenue and Product Analysis
11.6.5. Europe Segment Product type and Application Market Size
11.6.5.1. U.K  
11.6.5.2. Germany 
11.6.5.3. Italy 
11.6.5.4. France
11.6.5.5. Netherlands
11.6.5.6. Belgium
11.6.5.7. Spain
11.6.5.8. Denmark
11.6.5.9. Rest of Europe
11.7. Electric Power Assisted Steering – APAC Segment Research
11.8. APAC Market Research (Market Size -$Million / $Billion)
11.8.1. Segment type Size and Market Size Analysis 
11.8.2. Revenue and Trends
11.8.3. Application Revenue and Trends by type of Application
11.8.4. Company Revenue and Product Analysis
11.8.5. APAC Segment – Product type and Application Market Size
11.8.5.1. China 
11.8.5.2. Australia
11.8.5.3. Japan 
11.8.5.4. South Korea
11.8.5.5. India
11.8.5.6. Taiwan
11.8.5.7. Malaysia
12. Electric Power Assisted Steering Market - Entropy
12.1. New product launches
12.2. M&A's, collaborations, JVs and partnerships
13. Electric Power Assisted Steering Market – Industry / Segment Competition landscape Premium
13.1. Market Share Analysis
13.1.1. Market Share by Country- Top companies
13.1.2. Market Share by Region- Top 10 companies
13.1.3. Market Share by type of Application – Top 10 companies
13.1.4. Market Share by type of Product / Product category- Top 10 companies
13.1.5. Market Share at global level- Top 10 companies
13.1.6. Best Practises for companies
14. Electric Power Assisted Steering Market – Key Company List by Country Premium
15. Electric Power Assisted Steering Market Company Analysis
15.1. Market Share, Company Revenue, Products, M&A, Developments
15.2. Delphi Automotive LLP
15.3. Federal Mogul Corporation
15.4. Hitachi Automotive Systems
15.5. Hyundai Mobis Co., Ltd.
15.6. Martinrea International Inc.
15.7. Mitsubishi Electric Corporation
15.8. Trelleborg
15.9. Robert Bosch GmbH
15.10. China Automotive Systems Inc.
15.11. JTEKT Corporation
15.12. Mando Corporation
15.13. Nexteer Automotive
15.14. NSK Ltd.
15.15. Showa Corporation
15.16. Sona Koyo Steering Systems
15.17. ThyssenKrupp AG
15.18. TRW Automotive
15.19. ZF Friedrichshafen AG
15.20. Zhejiang Wanda Steering Gear Co., Ltd
15.21. Hubei Tri-Ring Motor Steering Gear Co., Ltd.
15.22. Guangzhou SHOWA Absorber Limited Company
15.23. Jiangmen Xingjiang Steering Gear Co., Ltd.
15.24. FAW Koyo Steering Systems Co., Ltd.
15.25. AVIC-Xihang Yubei Steering System Co., Ltd.
15.26. Tianjin Jinfeng Automobile Chassis Parts Co., Ltd.
15.27. Zhejiang Fulin Guorun Auto Parts Co., Ltd.
15.28. Golden Company
15.29. Chongqing Changfeng Machinery Co., Ltd.
15.30. Anhui Finetech Machinery Co., Ltd
15.31. Hafei Industrial Group Automobile Redirector Obligate Co., Ltd.
15.32. Company 31
15.33. Company 32
15.34. Company 33 and More
"*Financials would be provided on a best efforts basis for private companies"
16. Electric Power Assisted Steering Market -Appendix
16.1. Abbreviations
16.2. Sources
17. Electric Power Assisted Steering Market -Methodology Premium
17.1. Research Methodology
17.1.1. Company Expert Interviews
17.1.2. Industry Databases
17.1.3. Associations
17.1.4. Company News
17.1.5. Company Annual Reports
17.1.6. Application Trends
17.1.7. New Products and Product database
17.1.8. Company Transcripts
17.1.9. R&D Trends
17.1.10. Key Opinion Leaders Interviews
17.1.11. Supply and Demand Trends
List of Tables:
 
Table 1. Product Benchmarking For the Top Five Companies in EPAS Market 
Table 2. Financial Analysis for the Top Five Companies in the EPAS Market, 2014 
Table 3. Global Electric Power Assisted Steering Market, by Type, 2014-2020 ($Billion) 
Table 4. Global EPAS Shipments, by Type, 2014-2020 (Million Units) 
Table 5. Global EPHS Market, by Vehicle Type, 2014-2020 ($Billion) 
Table 6. Global EPHS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 7. Global EPHS Market, by Region, 2014-2020 ($Million) 
Table 8. Global EPHS Shipments, by Region, 2014-2020 (Million Units) 
Table 9. Global Column Drive Electric Power Steering Market, by Vehicle Type, 2014-2020 ($Billion) 
Table 10. Global Column Drive Electric Power Steering Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 11. Global Column Drive Electric Power Steering Market, by Region, 2014-2020 ($Billion) 
Table 12. Global Column Drive Electric Power Steering Shipments, by Region, 2014-2020 (Million Units) 
Table 13. Global Pinion Drive Electric Power Steering Market, by Vehicle Type, 2014-2020 ($Billion) 
Table 14. Global Pinion Drive Electric Power Steering Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 15. Global Pinion Drive Electric Power Steering Market, by Region, 2014-2020 ($Million) 
Table 16. Global Pinion Drive Electric Power Steering Shipments, by Region, 2014-2020 (Million Units) 
Table 17. Global Dual Point Pinion Electric Power Steering Market, by Vehicle Type, 2014-2020 ($Billion) 
Table 18. Global Dual Point Pinion Electric Power Steering Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 19. Global Dual Point Pinion Electric Power Steering Market, by Region, 2014-2020 ($Million) 
Table 20. Global Dual Point Pinion Electric Power Steering Shipments, by Region, 2014-2020 (Million Units) 
Table 21. Global Rack Drive Electric Power Steering Market, By Vehicle Type, 2014-2020 ($Billion) 
Table 22. Global Rack Drive Electric Power Steering Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 23. Global Rack Drive Electric Power Steering Market, by Region, 2014-2020 ($Million) 
Table 24. Global Rack Drive Electric Power Steering Shipments, by Region, 2014-2020 (Million Units) 
Table 25. Global Direct Drive Electric Power Steering Market, by Vehicle Type, 2014-2020 ($Billion) 
Table 26. Global Direct Drive Electric Power Steering Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 27. Global Direct Drive Electric Power Steering Market, by Region, 2014-2020 ($Million) 
Table 28. Global Direct Drive Electric Power Steering Shipments, by Region, 2014-2020 (Million Units) 
Table 29. Global EPAS, by Vehicle Type Market, 2014-2020 ($Billion) 
Table 30. Global EPAS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 31. Global Passenger Vehicle EPAS Market, by Type, 2014-2020 ($Billion) 
Table 32. Global Passenger Vehicle EPAS Shipments, by Type, 2014-2020 (Million Units) 
Table 33. Global Passenger Vehicle EPAS Market, by Region, 2014-2020 ($Billion) 
Table 34. Global Passenger Vehicle EPAS Shipments, by Region, 2014-2020 (Million Units) 
Table 35. Global Commercial Vehicle Electric Power Assisted Steering Market, by Type, 2014-2020 ($Billion) 
Table 36. Global Commercial Vehicle EPAS Shipments, by Type, 2014-2020 (Million Units) 
Table 37. Global Commercial Vehicle EPAS Market, by Region, 2014-2020 ($Million) 
Table 38. Global Commercial Vehicle EPAS Shipments, by Region, 2014-2020 (Million Units) 
Table 39. Global Light Commercial Vehicle EPAS Market, by Type, 2014-2020 ($Billion) 
Table 40. Global Light Commercial Vehicle EPAS Shipments, by Type, 2014-2020 (Million Units) 
Table 41. Global Light Commercial Vehicle EPAS Market, by Region, 2014-2020 ($Billion) 
Table 42. Global Light Commercial Vehicle EPAS Shipments, by Region, 2014-2020 (Million Units) 
Table 43. Global Sports Vehicle Electric Power Assisted Steering Market, by Type, 2014-2020 ($Billion) 
Table 44. Global Sports Vehicle EPAS Shipments, by Type, 2014-2020 (Million Units) 
Table 45. Global Sports Vehicle EPAS Market, by Region, 2014-2020 ($Million) 
Table 46. Global Sports Vehicle EPAS Shipments, by Region, 2014-2020 (Million Units) 
Table 47. Global EPAS Market, by Region, 2014-2020 ($Million) 
Table 48. Global EPAS Shipments, by Region, 2014-2020 (Million Units) 
Table 49. Americas EPAS Market, by Type, 2014-2020 ($Million) 
Table 50. Americas EPAS Shipments, by Type, 2014-2020 (Million Units) 
Table 51. Americas EPAS Market, by Vehicle Type, 2014-2020 ($Million) 
Table 52. Americas EPAS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 53. Americas EPAS Market, by Region, 2014-2020 ($Million) 
Table 54. Americas EPAS Shipments, by Region, 2014-2020 (Million Units) 
Table 55. U.S. Electric Power Assisted Steering Market Revenue, by Vehicle Type, 2014-2020 ($Million) 
Table 56. U.S EPAS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 57. U.S. HPAS Market, by Vehicle Type, 2014-2020 ($Million) 
Table 58. U.S HPAS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 59. Canada EPAS Market, by Vehicle Type, 2014-2020 ($Million) 
Table 60. Canada EPAS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 61. Canada HPAS Market, by Vehicle Type, 2014-2020 ($Million) 
Table 62. Canada HPAS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 63. Europe EPAS Market, by Type, 2014-2020 ($Million) 
Table 64. Europe EPAS Shipments, by Type, 2014-2020 (Million Units) 
Table 65. Europe EPAS Market, by Vehicle Type, 2014-2020 ($Million) 
Table 66. Europe EPAS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 67. Europe EPAS Market, by Region, 2014-2020 ($Million) 
Table 68. Europe EPAS Shipments, by Region, 2014-2020 (Million Units) 
Table 69. APAC EPAS Market, by Type, 2014-2020 ($Million) 
Table 70. APAC EPAS Shipments, by Type, 2014-2020 (Million Units) 
Table 71. APAC EPAS Market, by Vehicle Type, 2014-2020 ($Million) 
Table 72. APAC EPAS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 73. APAC EPAS Market, by Region, 2014-2020 ($Million) 
Table 74. APAC EPAS Shipments, by Region, 2014-2020 (Million Units) 
Table 75. Row EPAS Market, by Type, 2014-2020 ($Million) 
Table 76. Row EPAS Shipments, by Type, 2014-2020 (Million Units) 
Table 77. Row EPAS Market, by Vehicle Type, 2014-2020 ($Million) 
Table 78. Row EPAS Shipments, by Vehicle Type, 2014-2020 (Million Units) 
Table 79. Row Electric Power Assisted Steering Market, by Region, 2014-2020 ($Million) 
Table 80. Row EPAS Shipments, by Region, 2014-2020 (Million Units) 
Table 81. Global EPAS Market: Key Product Launches 
Table 82. Global Electric Power Steering Market: Key Mergers & Acquisitions 
Table 83. Global EPAS Market: Key Agreements & Partnerships 
Table 84. Global EPAS Market: Key Expansions 
Table 85. Hitachi Group: Total Revenue, by Geography, 2012– 2013 ($Billion) 
Table 86. Hyundai Mobis: Total Revenue, by Segment, 2012– 2013 ($Billion) 
Table 87. Martinrea International Inc.: Total Revenue, by Region, 2012– 2013 ($Million) 
Table 88. Mitsubishi Electric: Total Revenue, by Geography, 2013– 2014 ($Billion) 
Table 89. ZF Friedrichshafen: Total Revenue, by Geography, 2012– 2013 ($Million) 
Table 90. NSK Ltd.: Total Revenue, by Segments, 2012– 2013 ($Million) 
Table 91. JTEKT Corp.: Total Revenue, by Geography, 2012– 2013 ($Million) 
Table 92. NEXTEER Automotive: Total Revenue, by Geography, 2012– 2013 ($Million) 
Table 93. ThyssenKrupp Group: Total Revenue, by Geography, 2012– 2013 ($Billion) 


List of Figures:

Figure 1. Global Power Assisted Steering Market Share, by Type, 2014 (%) 
Figure 2. Global EPAS Market, by Vehicle Type, 2014 ($Billion) 
Figure 3. Global EPAS Market, by Geography, 2014 (%) 
Figure 4. Global Electric Power Assisted Steering Market Share Analysis, 2014 (%) 
Figure 5. Global Electric Power Assisted Steering Market Share, by End Users, 2014 (%) 
Figure 6. Global Sports Vehicle EPAS Market Shipments, 2014-2020 (Million Units) 
Figure 7. Global EPAS Market Volume Growth, 2014-2020 (%) 
Figure 8. Global Electric Power Assisted Steering Market Growth, by Geography, 2014-2020 (%) 
Figure 9. Global Passenger Vehicle EPAS Market, by Geography, 2014-2020 (%) 
Figure 10. Average Price of Power Steering System, by Type ($) 
Figure 11. EPAS Market Value Chain Analysis 
Figure 12. Global Commercial EPAS Market Revenue, 2014-2020 ($Million) 
Figure 13. Global Sports Vehicle EPAS Market Revenue, by Geography, 2014-2020 ($Million) 
Figure 14. Global EPAS Market, by Geography, 2013-2020 (Million Units) 
Figure 15. Global EPAS Industry Life Cycle Analysis 
Figure 16. Global EPAS Product Life Cycle Analysis 
Figure 17. Global Power Assisted Steering Market, Pricing Analysis, by Type, 2014-2020 ($) 
Figure 18. Global EPAS Strategy Share, 2012-2014 (%) 
Figure 19. Global EPAS Developments, by Company, 2012-2014 (%) 
Figure 20. Global EPAS Product Launches, 2012-2014 (%) 
Figure 21. Global EPAS Product Launches, by Key Players, 2012-2014 
Figure 22. Hitachi Group: Total Revenue, by Segments, 2013 (%) 
Figure 23. Hyundai Mobis: Total Revenue, by Geography, 2013 (%) 
Figure 24. Mitsubishi Electric: Total Revenue, by Segments, 2014 (%) 
Figure 25. ZF Friedrichshafen: Total Revenue by Segments, 2013 (%) 
Figure 26. NSK Ltd.: Total Revenue, by Geography, 2013 (%) 
Figure 27. JTEKT Corp.,: Total Revenue, by Segments, 2012– 2013 (%) 
Figure 28. NEXTEER Automotive: Total Revenue, by Segments, 2013 (%) 
Figure 29. TRW Automotive: Total Revenue, by Segments, 2013 (%) 
Figure 30. TRW Automotive: Total Revenue, by Geography, 2013 (%) 
Figure 31. SONA Koyo Group: Total Revenue, by Geography, 2013 (%) 
Figure 32. ThyssenKrupp Group: Total Revenue, by Segments, 2013 (%)