Global Automotive Electronic Power Steering Are Expected To Grow At A CAGR Of 6.48% From 22.25 Billion USD In 2018
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The Automotive Electronic Power Steering are expected to grow at a CAGR of 6.48% from 22.25 billion USD in 2018 to reach 34.53 billion USD by 2025 in global market. The Automotive Electronic Power Steering market is very concerted market; the revenue of top ten manufacturers accounts about 95% of the total revenue in 2018.
The leading manufactures mainly are JTEKT, Bosch, Nexteer Automobile, ZF and NSK. JTEKT is the largest manufacturer; its revenue of global market exceeds 26% in 2018.
There are mainly three type product of Automotive Electronic Power Steering market: C-EPS, P-EPS and R-EPS.
Geographically, the global Automotive Electronic Power Steering market has been segmented into North America, Europe, China, Japan & Kore and other. The Europe held the largest share in the global market, its revenue of global market exceeds 29% in 2018. The next is Europe.