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Electric Power Steering Market by Trend Analysis, Gross Margin Analysis, Cost Structure Analysis and Forecast to 2021

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Electric Power Steering Market by Trend Analysis, Gross Margin Analysis, Cost Structure Analysis and Forecast to 2021

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Electric Power Steering

The Electric Power Steering Market report 2017-2021 deeply analyses significant features in major developing markets. The analysis includes market size, latest trends, drivers, threats, opportunities, as well as key market segments. The study reveals market dynamics in several geographic segments along with Electric Power Steering market analysis for the current market environment and future scenario over the forecast period. The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Industry experts project Electric Power Steering market to grow at a CAGR of 6.68% during the period 2017-2021. It also talks about the market size of different segments and their growth aspects.

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About Electric Power Steering

The global automotive Market is experiencing a significant change in terms of electric power steering systems that are increasingly replacing hydraulic power steering in vehicles. Electric power steering system is an improvement over hydraulic system in many ways. They eliminate the use of power steering pumps, improving fuel efficiency in vehicles. It provides more precision and a refined feel, which hydraulic system cannot match. When the thrust of the innovations in the automotive Market is in speed, safety, and fuel efficiency, it is evident that technologies such as electronic power steering systems will eventually capture the market rendering the old technologies obsolete.

Market analysts forecast the global electric power steering market to grow at a CAGR of 6.68% during the period 2017-2021.

Market driver

  • Low penetration of cars in emerging economies.
  • For a full, detailed list, view our report

Market challenge

  • Growing car-sharing services in China, India, and Brazil.
  • For a full, detailed list, view our report

Market trend

  • Increase in electrification of mechanical components.
  • For a full, detailed list, view our report

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Key Players

  • ZF Friedrichshafen
  • Mitsubishi Electric
  • Nexteer
  • TRW Automotive
  • ATS Automation Tooling Systems
  • Delphi Automotive
  • GKN
  • Hyundai Mobis
  • JTEKT
  • Mando
  • Robert Bosch
  • and thyssenkrupp Presta AG.

The Electric Power Steering Market report also covers all the regions and countries of the world, which shows a regional development status. Regional Segmentation:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
  • South America (Brazil, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, South Africa, etc.)

The objective of this Electric Power Steering market research report is: –

  • To provide actionable intelligence alongside the market size of various segments.
  • To detail major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues).
  • To determine the geographic breakdown of the market in terms of detailed analysis and impact.
  • To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
  • To track the competitive landscape of the market.

Purchase Electric Power Steering Market report (Price 2500 USD for a single-user license)

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Table of Contents Electric Power Steering Market

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
• Market characteristics
• Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market size and forecast

PART 06: FIVE FORCES ANALYSIS
• Threat of new entrants
• Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION
• Segmentation by application
• Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE
• Regional comparison
• EMEA – Market size and forecast 
• APAC – Market size and forecast

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges

PART 12: MARKET TRENDS
• Development of shape memory alloys with high fatigue life
• Development of tires with shape memory alloy

PART 13: VENDOR LANDSCAPE
• Overview
• Competitive landscape

PART 14: VENDOR ANALYSIS
• Vendor classification
• Market positioning of vendors

In the next part of the Electric Power Steering market research report, development policies and plans are discussed. This report also states growing domain, production and revenue by regions. The Electric Power Steering Market forecast to 2021 Considering Market Size, Sales, Revenue, Growth rate, Price and Trends for Regions, Types, and Applications is also provided.

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