Automotive electric power assist equipment is an electric motor that is mounted on either the steering column or steering gear (usually a rack-and-pinion setup these days) applies torque to the steering column, assisting the driver to turn the steering wheel.
In automobiles, power steering is a device that helps drivers steer by augmenting steering effort of the steering wheel.
Global Automotive Electric Power Assist Equipment market size will reach xx million US$ by 2026, from xx million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021-2026 as the forecast period to estimate the market size for Automotive Electric Power Assist Equipment.
This report covers the present status and the future prospects of the global Automotive Electric Power Assist Equipment market for 2015-2026.
The report offers detailed coverage of Automotive Electric Power Assist Equipment industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Electric Power Assist Equipment by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Bosch, NSK, Nexteer, ZF, JTEKT, DENSO, Hyundai Mobis, Mando, NSK, Nissan, Epas-Perform, Honda, Hitachi, Toyota
Market Segment as follows:
Market by Order Type
Column EPS
Pinion EPS
Automotive Electric Power Assist Equipment Breakdown Data by Application
Passenger Vehicles
Commercial Vehicles
Automotive Electric Power Assist Equipment market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Electric Power Assist Equipment market for the forecast period 2021 - 2026?
• What are the driving forces in the Automotive Electric Power Assist Equipment market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Electric Power Assist Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.