This report contains market size and forecasts of Automotive Electric Powered Steering Systems in global, including the following market information:
Global Automotive Electric Powered Steering Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Electric Powered Steering Systems Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Electric Powered Steering Systems companies in 2021 (%)
The global Automotive Electric Powered Steering Systems market was valued at 29540 million in 2021 and is projected to reach US$ 50540 million by 2028, at a CAGR of 8.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Column Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Electric Powered Steering Systems include Nexteer Automobile, TRW, JTEKT Corporation, Bosch, NSK Motion&Control, Showa Corporation, Thyssenkrupp, Mando Corporation and Beijing Hainanchuan Automotive Parts Co., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Electric Powered Steering Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Electric Powered Steering Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Electric Powered Steering Systems Market Segment Percentages, by Type, 2021 (%)
Column Type
Pinion-and-rack Type
Double pinion Type
Ball screw Type
Global Automotive Electric Powered Steering Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Electric Powered Steering Systems Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicle
Global Automotive Electric Powered Steering Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Electric Powered Steering Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Electric Powered Steering Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Electric Powered Steering Systems revenues share in global market, 2021 (%)
Key companies Automotive Electric Powered Steering Systems sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Electric Powered Steering Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nexteer Automobile
TRW
JTEKT Corporation
Bosch
NSK Motion&Control
Showa Corporation
Thyssenkrupp
Mando Corporation
Beijing Hainanchuan Automotive Parts Co.
Tri-ring Group
Elite Electro Mechanical
Zhejiang Shibao Holding Group
Hyundai MOBIS