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Electric Steering Market: Regional Analysis, Key Players, Industry Segments, Development, Opportunities & Forecast 2022

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Electric Steering Market: Regional Analysis, Key Players, Industry Segments, Development, Opportunities & Forecast 2022

November 28
11:00 2017

Global Electric Steering Market Research Report Forecast to 2022
Global Electric steering Market Information by Type (Column Assist Electric Power Steering (C-EPS)), Pinion Assist Electric Power Steering (P-EPS), Rack Assist Electric Power Steering (R-EPS), and Others), by Vehicle Type (Passenger Car and Commercial Vehicle), by Region – Forecast to 2022

Market Highlights:

Electric steering is increasing replacing hydraulic steering’s in the automotive industry. Usage of electric steering will improve the fuel economy because electric steering uses around 8-10 horsepower under load. Electric powered steering uses electric motor instead and provides increased steering capabilities with less effort, as it removes hose, fluid, drive belt, pulley, and pump. Growth in the improved steering & reliability, and high fuel efficiency of electric steering over hydraulic steering systems is expected to drive the market of electric steering. The global electric steering market is expected to show a growth at CAGR of about 15% from 2016 to 2022.

Asia-Pacific has emerged to be fastest growing market for electric steering market. This region has largest vehicle production due to increasing population and increasing disposable income. Increasing population, improving per capita income, and improving living standards are driving the market for automotive industries and hence expected to drive the market for electric steering.  

Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/1859

Key Players of Electric Steering Market:

  • JTEKT Corporation
  • Robert Bosch Automotive Steering GmbH
  • ZF TRW Automotive Holdings Corp.
  • NSK Ltd.
  • Nexteer Automotive Group Limited
  • Mando Corporation
  • ThyssenKrupp Ag
  • Hyundai Mobis Co., Ltd.
  • Showa Corporation
  • China Automotive Systems Inc.

Brief TOC:

1.    Report Prologue
2.    Introduction
2.1.    Definition
2.2.    Scope of the Study
2.2.1.    Research Objective
2.2.2.    Assumptions
2.2.3.    Limitations
2.3.    Market Structure
2.4.    Market Segmentation
3.    Research Methodology
3.1.    Research Process
3.2.    Primary Research
3.3.    Secondary Research
3.4.    Market Size Estimation
3.5.    Forecast Model
4.    Market Dynamics
4.1.    Drivers & Opportunities
4.2.    Challenges & Restraints
4.3.    Value Chain Analysis
4.4.     Porter’s Five Forces Analysis
Continue…

Access Report Details @ https://www.marketresearchfuture.com/reports/electric-steering-market-1859

Scope of the Report:

This study provides an overview of the global electric steering industry, tracking market segments across the categorized four geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and Rest of the world. The scope of the study segments the global electric steering market based on type and vehicle type.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Media Contact
Company Name: Market Research Future
Contact Person: Akash Anand
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune –
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/electric-steering-market-1859

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