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The new report on the Automotive Electric Power Steering Market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. The study provides projections of the opportunities and shares, both vis-à-vis value (US$Mn/Bn) and volume volume (n units), of various segments in the Automotive Electric Power Steering Market during the forecast period of 2019 – 2029. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Automotive Electric Power Steering Market.
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To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Rest of LatAm)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- East Asia (Japan, China, South Korea)
- South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest)
- Oceania (Australia, New Zealand)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.
The study provides detailed profile of key players and their offering in the Automotive Electric Power Steering Market, which include
Jtekt, Nexteer, ZF, Robert Bosch, NSK, Hyundai Mobis, Showa Corporation, Delphi, Thyssenkrupp, Mitsubishi Electric, GKN Federal Mogul and other key market players.
The report offers insight into the competitive dynamic in the Automotive Electric Power Steering Market which has shaped the major strategies of each player. It also covers recent moves such as partnerships and collaborations, mergers and acquisitions, diversification and research investments, of each prominent player. The key factors that shape the entry barrier and intensity of competition in the Automotive Electric Power Steering Market are presented in the analysis. Further, the study provides PESTLE analyses of numerous players and an evaluation of how the competitive landscape will evolve over the forecast period.
Automotive Electric Power Steering Market: Segmentation
The global automotive electric power steering market is segmented on the basis of type, components, electric motor, vehicle type and region.
Based on type, the global automotive electric power steering market is segmented as:
- Rack assist type (REPS)
- Colum assist type (CEPS)
- Pinion assist type (PEPS)
Based on components, the global automotive electric power steering market is segmented as:
- Steering wheel
- Steering column
- Steering gear
- Mechanical rack and pinion
- Electronic control unit
- Electric motor
Based on electric motor, the global automotive electric power steering market is segmented as:
- Brush motor
- Brushless motor
Based on the vehicle type, the global automotive electric power steering market is segmented as:
- Passenger Cars
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Rack EPS (R-EPS) in the automotive electric power steering market is estimated to account for a significant market share over the forecast period. The prime advantages associated with Rack EPS (R-EPS) is increase in installation rate of EPS in commercial vehicles. On the other hand, among vehicle type segment, passenger vehicles are anticipated to see rapid market growth over the forecast period, attributed to increasing vehicle production along with growing demand for passenger vehicles.
The global Automotive Electric Power Steering Market report answers numerous pertinent questions, some of which are:
- What are some of the latent areas of investments in the Automotive Electric Power Steering Market?
- Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
- What trends are likely to change the status quo of the positions held by leading players of the Automotive Electric Power Steering Market in the not-so-distant future?
- Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Automotive Electric Power Steering Market?
- What are the strategies adopted by top players to retain their stronghold in the Automotive Electric Power Steering Market?
- Which strategic moves will new entrants adopt to gain a strong foothold in the Automotive Electric Power Steering Market?
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and price trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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