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Automotive Electric Power Steering (EPS) Market Key Insights
Automotive Electric Power Steering (EPS) Market Analysis by Regions
Automotive Electric Power Steering (EPS) Market Analysis by Segments
Automotive Electric Power Steering (EPS) Market Size (current and future)
Automotive Electric Power Steering (EPS) Market Competitive Benchmarking
2 years ago
Global Automotive Electric Power Steering (EPS) Market Size study, by Component Type (Steering Column, Sensor, Steering Motor and Other Components), by Vehicle Type (Passenger Cars and Commercial Vehicles) and Regional Forecasts 2019-2026.
Global Automotive Electric Power Steering (EPS) Market is valued approximately at USD 6.38 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 11.5% over the forecast period 2019-2026. Automotive Electric power steering (EPS) is operated by an electric motor to steer the wheel while hydraulic power steering uses a pump that is integrated with an oil tank. The usag...
Automotive Electric Power Steering (EPS) Market
Automotive Electric Power Steering (AEP) is a technology used in modern cars to assist the driver with steering. The system uses an electric motor to provide power to the steering wheel so that the driver can keep their hands on the wheel and avoid accidents.
There are many different players in the market for Automotive Electric Power Steering, and each player has a different goal. Some players focus on developing new technology, while others focus on selling products to car manufacturers. The top keyplayers in the market are Jtekt Corporation, Nexteer AutomotiveZF Friedrichshafen, Robert Bosch, NSK Ltd., Hyundai Mobis, Showa Corporation, Delphi, Thyssenkrupp, Mitsubishi Electric.
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