Industry: Automobile & Transportation
Published Date: 2024-01-18
Pages: 128 Pages
Report ld: 2324318
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Electric Power Steering Motor Market Size(US$)

CAGR 2024-2030
2.1%
Market Size,2030
USD 2,808.8
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
In motor vehicles, a power steering system helps drivers steer the vehicle by augmenting steering effort needed to turn the steering wheel, making it easier for the vehicle to turn or maneuver. Electric power steering systems use electric motors to provide the assistance instead of hydraulic systems. As with hydraulic types, power to the actuator (motor, in this case) is controlled by the rest of the power steering system. Electric power steering motor is a key component for Electric power steering system (EPS).
The global market for Electric Power Steering Motor was estimated to be worth US$ 2424.3 million in 2023 and is forecast to a readjusted size of US$ 2808.8 million by 2030 with a CAGR of 2.1% during the forecast period 2024-2030
Global Electric Power Steering Motor key players include Nidec, Bosch, Mitsubishi Electric, etc. Global top 3 manufacturers hold a share over 65%.
Asia-Pacific is the largest market, with a share about 49%, followed by Americas, and Europe, both have a share about 48 percent.
In terms of product, CEPS Motor is the largest segment, with a share over 53%. And in terms of application, the largest application is Passenger Car.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Electric Power Steering Motor, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electric Power Steering Motor by region & country, by Type, and by Application.
The Electric Power Steering Motor market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Power Steering Motor.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Electric Power Steering Motor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Electric Power Steering Motor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electric Power Steering Motor in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
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TABLE OF CONTENTS
1 Market Overview
1.1 Electric Power Steering Motor Product Introduction
1.2 Global Electric Power Steering Motor Market Size Forecast
1.2.1 Global Electric Power Steering Motor Sales Value (2019-2030)
1.2.2 Global Electric Power Steering Motor Sales Volume (2019-2030)
1.2.3 Global Electric Power Steering Motor Sales Price (2019-2030)
1.3 Electric Power Steering Motor Market Trends & Drivers
1.3.1 Electric Power Steering Motor Industry Trends
1.3.2 Electric Power Steering Motor Market Drivers & Opportunity
1.3.3 Electric Power Steering Motor Market Challenges
1.3.4 Electric Power Steering Motor Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electric Power Steering Motor Players Revenue Ranking (2023)
2.2 Global Electric Power Steering Motor Revenue by Company (2019-2024)
2.3 Global Electric Power Steering Motor Players Sales Volume Ranking (2023)
2.4 Global Electric Power Steering Motor Sales Volume by Company Players (2019-2024)
2.5 Global Electric Power Steering Motor Average Price by Company (2019-2024)
2.6 Key Manufacturers Electric Power Steering Motor Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Electric Power Steering Motor Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Electric Power Steering Motor
2.9 Electric Power Steering Motor Market Competitive Analysis
2.9.1 Electric Power Steering Motor Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Electric Power Steering Motor Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Power Steering Motor as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 CEPS Motor
3.1.2 REPS Motor
3.1.3 PEPS Motor
3.1.4 EHPS Motor
3.2 Global Electric Power Steering Motor Sales Value by Type
3.2.1 Global Electric Power Steering Motor Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Electric Power Steering Motor Sales Value, by Type (2019-2030)
3.2.3 Global Electric Power Steering Motor Sales Value, by Type (%) (2019-2030)
3.3 Global Electric Power Steering Motor Sales Volume by Type
3.3.1 Global Electric Power Steering Motor Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Electric Power Steering Motor Sales Volume, by Type (2019-2030)
3.3.3 Global Electric Power Steering Motor Sales Volume, by Type (%) (2019-2030)
3.4 Global Electric Power Steering Motor Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicle
4.2 Global Electric Power Steering Motor Sales Value by Application
4.2.1 Global Electric Power Steering Motor Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Electric Power Steering Motor Sales Value, by Application (2019-2030)
4.2.3 Global Electric Power Steering Motor Sales Value, by Application (%) (2019-2030)
4.3 Global Electric Power Steering Motor Sales Volume by Application
4.3.1 Global Electric Power Steering Motor Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Electric Power Steering Motor Sales Volume, by Application (2019-2030)
4.3.3 Global Electric Power Steering Motor Sales Volume, by Application (%) (2019-2030)
4.4 Global Electric Power Steering Motor Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Electric Power Steering Motor Sales Value by Region
5.1.1 Global Electric Power Steering Motor Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Electric Power Steering Motor Sales Value by Region (2019-2024)
5.1.3 Global Electric Power Steering Motor Sales Value by Region (2025-2030)
5.1.4 Global Electric Power Steering Motor Sales Value by Region (%), (2019-2030)
5.2 Global Electric Power Steering Motor Sales Volume by Region
5.2.1 Global Electric Power Steering Motor Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Electric Power Steering Motor Sales Volume by Region (2019-2024)
5.2.3 Global Electric Power Steering Motor Sales Volume by Region (2025-2030)
5.2.4 Global Electric Power Steering Motor Sales Volume by Region (%), (2019-2030)
5.3 Global Electric Power Steering Motor Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Electric Power Steering Motor Sales Value, 2019-2030
5.4.2 North America Electric Power Steering Motor Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Electric Power Steering Motor Sales Value, 2019-2030
5.5.2 Europe Electric Power Steering Motor Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Electric Power Steering Motor Sales Value, 2019-2030
5.6.2 Asia Pacific Electric Power Steering Motor Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Electric Power Steering Motor Sales Value, 2019-2030
5.7.2 South America Electric Power Steering Motor Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electric Power Steering Motor Sales Value, 2019-2030
5.8.2 Middle East & Africa Electric Power Steering Motor Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electric Power Steering Motor Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Electric Power Steering Motor Sales Value
6.2.1 Key Countries/Regions Electric Power Steering Motor Sales Value, 2019-2030
6.2.2 Key Countries/Regions Electric Power Steering Motor Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Electric Power Steering Motor Sales Value, 2019-2030
6.3.2 United States Electric Power Steering Motor Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Electric Power Steering Motor Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Electric Power Steering Motor Sales Value, 2019-2030
6.4.2 Europe Electric Power Steering Motor Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Electric Power Steering Motor Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Electric Power Steering Motor Sales Value, 2019-2030
6.5.2 China Electric Power Steering Motor Sales Value by Type (%), 2023 VS 2030
6.5.3 China Electric Power Steering Motor Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Electric Power Steering Motor Sales Value, 2019-2030
6.6.2 Japan Electric Power Steering Motor Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Electric Power Steering Motor Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Electric Power Steering Motor Sales Value, 2019-2030
6.7.2 South Korea Electric Power Steering Motor Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Electric Power Steering Motor Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Electric Power Steering Motor Sales Value, 2019-2030
6.8.2 Southeast Asia Electric Power Steering Motor Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Electric Power Steering Motor Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Electric Power Steering Motor Sales Value, 2019-2030
6.9.2 India Electric Power Steering Motor Sales Value by Type (%), 2023 VS 2030
6.9.3 India Electric Power Steering Motor Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Nidec
7.1.1 Nidec Company Information
7.1.2 Nidec Introduction and Business Overview
7.1.3 Nidec Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Nidec Electric Power Steering Motor Product Offerings
7.1.5 Nidec Recent Development
7.2 Bosch
7.2.1 Bosch Company Information
7.2.2 Bosch Introduction and Business Overview
7.2.3 Bosch Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Bosch Electric Power Steering Motor Product Offerings
7.2.5 Bosch Recent Development
7.3 Mitsubishi Electric
7.3.1 Mitsubishi Electric Company Information
7.3.2 Mitsubishi Electric Introduction and Business Overview
7.3.3 Mitsubishi Electric Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Mitsubishi Electric Electric Power Steering Motor Product Offerings
7.3.5 Mitsubishi Electric Recent Development
7.4 Denso
7.4.1 Denso Company Information
7.4.2 Denso Introduction and Business Overview
7.4.3 Denso Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Denso Electric Power Steering Motor Product Offerings
7.4.5 Denso Recent Development
7.5 ZF
7.5.1 ZF Company Information
7.5.2 ZF Introduction and Business Overview
7.5.3 ZF Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.5.4 ZF Electric Power Steering Motor Product Offerings
7.5.5 ZF Recent Development
7.6 LG Innotek
7.6.1 LG Innotek Company Information
7.6.2 LG Innotek Introduction and Business Overview
7.6.3 LG Innotek Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.6.4 LG Innotek Electric Power Steering Motor Product Offerings
7.6.5 LG Innotek Recent Development
7.7 Mitsuba
7.7.1 Mitsuba Company Information
7.7.2 Mitsuba Introduction and Business Overview
7.7.3 Mitsuba Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Mitsuba Electric Power Steering Motor Product Offerings
7.7.5 Mitsuba Recent Development
7.8 Mahle
7.8.1 Mahle Company Information
7.8.2 Mahle Introduction and Business Overview
7.8.3 Mahle Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Mahle Electric Power Steering Motor Product Offerings
7.8.5 Mahle Recent Development
7.9 Elite
7.9.1 Elite Company Information
7.9.2 Elite Introduction and Business Overview
7.9.3 Elite Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Elite Electric Power Steering Motor Product Offerings
7.9.5 Elite Recent Development
7.10 Dare Auto
7.10.1 Dare Auto Company Information
7.10.2 Dare Auto Introduction and Business Overview
7.10.3 Dare Auto Electric Power Steering Motor Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Dare Auto Electric Power Steering Motor Product Offerings
7.10.5 Dare Auto Recent Development
8 Industry Chain Analysis
8.1 Electric Power Steering Motor Industrial Chain
8.2 Electric Power Steering Motor Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Electric Power Steering Motor Sales Model
8.5.2 Sales Channel
8.5.3 Electric Power Steering Motor Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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