Global Electric Power Steering Motor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Electric Power Steering Motor Consumption Value by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 CEPS Motor
- 1.3.3 REPS Motor
- 1.3.4 PEPS Motor
- 1.3.5 EHPS Motor
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Electric Power Steering Motor Consumption Value by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Passenger Car
- 1.4.3 Commercial Vehicle
- 1.5 Global Electric Power Steering Motor Market Size & Forecast
- 1.5.1 Global Electric Power Steering Motor Consumption Value (2019 & 2023 & 2030)
- 1.5.2 Global Electric Power Steering Motor Sales Quantity (2019-2030)
- 1.5.3 Global Electric Power Steering Motor Average Price (2019-2030)
2 Manufacturers Profiles
- 2.1 Nidec
- 2.1.1 Nidec Details
- 2.1.2 Nidec Major Business
- 2.1.3 Nidec Electric Power Steering Motor Product and Services
- 2.1.4 Nidec Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.1.5 Nidec Recent Developments/Updates
- 2.2 Bosch
- 2.2.1 Bosch Details
- 2.2.2 Bosch Major Business
- 2.2.3 Bosch Electric Power Steering Motor Product and Services
- 2.2.4 Bosch Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.2.5 Bosch Recent Developments/Updates
- 2.3 Mitsubishi Electric
- 2.3.1 Mitsubishi Electric Details
- 2.3.2 Mitsubishi Electric Major Business
- 2.3.3 Mitsubishi Electric Electric Power Steering Motor Product and Services
- 2.3.4 Mitsubishi Electric Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.3.5 Mitsubishi Electric Recent Developments/Updates
- 2.4 Denso
- 2.4.1 Denso Details
- 2.4.2 Denso Major Business
- 2.4.3 Denso Electric Power Steering Motor Product and Services
- 2.4.4 Denso Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.4.5 Denso Recent Developments/Updates
- 2.5 ZF
- 2.5.1 ZF Details
- 2.5.2 ZF Major Business
- 2.5.3 ZF Electric Power Steering Motor Product and Services
- 2.5.4 ZF Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.5.5 ZF Recent Developments/Updates
- 2.6 LG Innotek
- 2.6.1 LG Innotek Details
- 2.6.2 LG Innotek Major Business
- 2.6.3 LG Innotek Electric Power Steering Motor Product and Services
- 2.6.4 LG Innotek Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.6.5 LG Innotek Recent Developments/Updates
- 2.7 Mitsuba
- 2.7.1 Mitsuba Details
- 2.7.2 Mitsuba Major Business
- 2.7.3 Mitsuba Electric Power Steering Motor Product and Services
- 2.7.4 Mitsuba Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.7.5 Mitsuba Recent Developments/Updates
- 2.8 Mahle
- 2.8.1 Mahle Details
- 2.8.2 Mahle Major Business
- 2.8.3 Mahle Electric Power Steering Motor Product and Services
- 2.8.4 Mahle Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.8.5 Mahle Recent Developments/Updates
- 2.9 Elite
- 2.9.1 Elite Details
- 2.9.2 Elite Major Business
- 2.9.3 Elite Electric Power Steering Motor Product and Services
- 2.9.4 Elite Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.9.5 Elite Recent Developments/Updates
- 2.10 Dare Auto
- 2.10.1 Dare Auto Details
- 2.10.2 Dare Auto Major Business
- 2.10.3 Dare Auto Electric Power Steering Motor Product and Services
- 2.10.4 Dare Auto Electric Power Steering Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.10.5 Dare Auto Recent Developments/Updates
3 Competitive Environment: Electric Power Steering Motor by Manufacturer
- 3.1 Global Electric Power Steering Motor Sales Quantity by Manufacturer (2019-2024)
- 3.2 Global Electric Power Steering Motor Revenue by Manufacturer (2019-2024)
- 3.3 Global Electric Power Steering Motor Average Price by Manufacturer (2019-2024)
- 3.4 Market Share Analysis (2023)
- 3.4.1 Producer Shipments of Electric Power Steering Motor by Manufacturer Revenue ($MM) and Market Share (%): 2023
- 3.4.2 Top 3 Electric Power Steering Motor Manufacturer Market Share in 2023
- 3.4.3 Top 6 Electric Power Steering Motor Manufacturer Market Share in 2023
- 3.5 Electric Power Steering Motor Market: Overall Company Footprint Analysis
- 3.5.1 Electric Power Steering Motor Market: Region Footprint
- 3.5.2 Electric Power Steering Motor Market: Company Product Type Footprint
- 3.5.3 Electric Power Steering Motor Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Electric Power Steering Motor Market Size by Region
- 4.1.1 Global Electric Power Steering Motor Sales Quantity by Region (2019-2030)
- 4.1.2 Global Electric Power Steering Motor Consumption Value by Region (2019-2030)
- 4.1.3 Global Electric Power Steering Motor Average Price by Region (2019-2030)
- 4.2 North America Electric Power Steering Motor Consumption Value (2019-2030)
- 4.3 Europe Electric Power Steering Motor Consumption Value (2019-2030)
- 4.4 Asia-Pacific Electric Power Steering Motor Consumption Value (2019-2030)
- 4.5 South America Electric Power Steering Motor Consumption Value (2019-2030)
- 4.6 Middle East & Africa Electric Power Steering Motor Consumption Value (2019-2030)
5 Market Segment by Type
- 5.1 Global Electric Power Steering Motor Sales Quantity by Type (2019-2030)
- 5.2 Global Electric Power Steering Motor Consumption Value by Type (2019-2030)
- 5.3 Global Electric Power Steering Motor Average Price by Type (2019-2030)
6 Market Segment by Application
- 6.1 Global Electric Power Steering Motor Sales Quantity by Application (2019-2030)
- 6.2 Global Electric Power Steering Motor Consumption Value by Application (2019-2030)
- 6.3 Global Electric Power Steering Motor Average Price by Application (2019-2030)
7 North America
- 7.1 North America Electric Power Steering Motor Sales Quantity by Type (2019-2030)
- 7.2 North America Electric Power Steering Motor Sales Quantity by Application (2019-2030)
- 7.3 North America Electric Power Steering Motor Market Size by Country
- 7.3.1 North America Electric Power Steering Motor Sales Quantity by Country (2019-2030)
- 7.3.2 North America Electric Power Steering Motor Consumption Value by Country (2019-2030)
- 7.3.3 United States Market Size and Forecast (2019-2030)
- 7.3.4 Canada Market Size and Forecast (2019-2030)
- 7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
- 8.1 Europe Electric Power Steering Motor Sales Quantity by Type (2019-2030)
- 8.2 Europe Electric Power Steering Motor Sales Quantity by Application (2019-2030)
- 8.3 Europe Electric Power Steering Motor Market Size by Country
- 8.3.1 Europe Electric Power Steering Motor Sales Quantity by Country (2019-2030)
- 8.3.2 Europe Electric Power Steering Motor Consumption Value by Country (2019-2030)
- 8.3.3 Germany Market Size and Forecast (2019-2030)
- 8.3.4 France Market Size and Forecast (2019-2030)
- 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
- 8.3.6 Russia Market Size and Forecast (2019-2030)
- 8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
- 9.1 Asia-Pacific Electric Power Steering Motor Sales Quantity by Type (2019-2030)
- 9.2 Asia-Pacific Electric Power Steering Motor Sales Quantity by Application (2019-2030)
- 9.3 Asia-Pacific Electric Power Steering Motor Market Size by Region
- 9.3.1 Asia-Pacific Electric Power Steering Motor Sales Quantity by Region (2019-2030)
- 9.3.2 Asia-Pacific Electric Power Steering Motor Consumption Value by Region (2019-2030)
- 9.3.3 China Market Size and Forecast (2019-2030)
- 9.3.4 Japan Market Size and Forecast (2019-2030)
- 9.3.5 South Korea Market Size and Forecast (2019-2030)
- 9.3.6 India Market Size and Forecast (2019-2030)
- 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
- 9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
- 10.1 South America Electric Power Steering Motor Sales Quantity by Type (2019-2030)
- 10.2 South America Electric Power Steering Motor Sales Quantity by Application (2019-2030)
- 10.3 South America Electric Power Steering Motor Market Size by Country
- 10.3.1 South America Electric Power Steering Motor Sales Quantity by Country (2019-2030)
- 10.3.2 South America Electric Power Steering Motor Consumption Value by Country (2019-2030)
- 10.3.3 Brazil Market Size and Forecast (2019-2030)
- 10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
- 11.1 Middle East & Africa Electric Power Steering Motor Sales Quantity by Type (2019-2030)
- 11.2 Middle East & Africa Electric Power Steering Motor Sales Quantity by Application (2019-2030)
- 11.3 Middle East & Africa Electric Power Steering Motor Market Size by Country
- 11.3.1 Middle East & Africa Electric Power Steering Motor Sales Quantity by Country (2019-2030)
- 11.3.2 Middle East & Africa Electric Power Steering Motor Consumption Value by Country (2019-2030)
- 11.3.3 Turkey Market Size and Forecast (2019-2030)
- 11.3.4 Egypt Market Size and Forecast (2019-2030)
- 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
- 11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
- 12.1 Electric Power Steering Motor Market Drivers
- 12.2 Electric Power Steering Motor Market Restraints
- 12.3 Electric Power Steering Motor Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Electric Power Steering Motor and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Electric Power Steering Motor
- 13.3 Electric Power Steering Motor Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Electric Power Steering Motor Typical Distributors
- 14.3 Electric Power Steering Motor Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
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).
According to our (Global Info Research) latest study, the global Electric Power Steering Motor market size was valued at US$ 2551 million in 2023 and is forecast to a readjusted size of USD 2936 million by 2030 with a CAGR of 2.1% during review period.
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.
This report is a detailed and comprehensive analysis for global Electric Power Steering Motor market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Electric Power Steering Motor market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Electric Power Steering Motor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Electric Power Steering Motor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Electric Power Steering Motor market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electric Power Steering Motor
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electric Power Steering Motor market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nidec, Bosch, Mitsubishi Electric, Denso, ZF, LG Innotek, Mitsuba, Mahle, Elite, Dare Auto, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electric Power Steering Motor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
CEPS Motor
REPS Motor
PEPS Motor
EHPS Motor
Market segment by Application
Passenger Car
Commercial Vehicle
Major players covered
Nidec
Bosch
Mitsubishi Electric
Denso
ZF
LG Innotek
Mitsuba
Mahle
Elite
Dare Auto
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Power Steering Motor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Power Steering Motor, with price, sales quantity, revenue, and global market share of Electric Power Steering Motor from 2019 to 2024.
Chapter 3, the Electric Power Steering Motor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Power Steering Motor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Electric Power Steering Motor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Power Steering Motor.
Chapter 14 and 15, to describe Electric Power Steering Motor sales channel, distributors, customers, research findings and conclusion.