Electric Power Assisted Steering Market - Forecast(2022 - 2027)

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Electric Power Assisted Steering MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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• 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. 

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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.
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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.
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• Electric Power Assisted Steering Market Industry
  Outlook 
• Martinrea International Inc.
• Mitsubishi Electric Corporation
• Trelleborg
• Robert Bosch GmbH
• China Automotive Systems Inc.

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Electric Power Assisted Steering Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/16/
electric-power-steering-market-analysis-forecast-r
eport.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id16

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Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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