Global Electric Power Steering System (EPS) Market Report 2023-2029 (Internet Services - Other Internet Services)
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Global Electric Power Steering System (EPS) Market Report 2023-2029 | |
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. According to the new market research report “Global Electric Power Steering System (EPS) Market Report 2023-2029”, published by QYResearch, the global Electric Power Steering System (EPS) market size is projected to reach USD 20.38 billion by 2029, at a CAGR of 2.7% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Electric Power Steering System (EPS) include JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp, Mando, CAAS, etc. In 2022, the global top 10 players had a share approximately 94.0% in terms of revenue.In terms of product type, currently C-EPS is the largest segment, hold a share of 41.8%.In terms of product application, currently Passenger Car is the largest segment, hold a share of 91.5%. About The Authors Tongtong Niu - Lead Author Email: niutongtong@qyresearch.com About QYResearch QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future. QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com  | |
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2024-06-02 (0.252 sec)