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Global Top 13 Companies Accounted for 79% of total Electric Power Steering System (EPS) market (QYResearch, 2021)

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. 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 five players had a share approximately 79.0% in terms of revenue.

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Global Top 13 Companies Accounted for 79% of total Electric Power Steering System (EPS) market (QYResearch, 2021)

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  1. Global Market Research Report 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. Figure. Global Electric Power Steering System (EPS) Market Size (US$ Million), 2018-2029 Copyright © QYResearch | global@qyresearch.com | www.qyresearch.com

  2. Global Market Research Report Above data is based on report from QYResearch: Global Electric Power Steering System (EPS) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.. Figure. Global Electric Power Steering System (EPS) Top 13 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated) Above data is based on report from QYResearch: Global Electric Power Steering System (EPS) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch. 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 five players had a share approximately 79.0% in terms of revenue. Copyright © QYResearch | global@qyresearch.com | www.qyresearch.com

  3. Global Market Research Report 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. Copyright © QYResearch | global@qyresearch.com | www.qyresearch.com

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