Global Electric Power Steering (EPS) Sensor Market Size and Forecasts 2030

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    GLOBAL ELECTRIC POWER STEERING (EPS) SENSOR MARKET

     

    INTRODUCTION

     A crucial piece of technology for fully autonomous driving is electric power steering (EPS). The EPS variations are suitable for light commercial vehicles as well as small, mid-sized, and sports cars.

     

    The steering of the vehicle is managed by an electric motor inside the EPS. A car battery, an alternator, or a circuit problem can all result in EPS failure.

     

    All those automotive components need to undergo routine inspections. On the steering pinion, the sensor is located.

     

    The input shaft has a pole wheel installed on it, and the torsion bar connects it to the steering pinion. This is mainly due to the fact that EPS systems are typically more straightforward and maintenance-friendly than their hydraulic counterparts.

     

    Electric systems are more fuel-efficient than hydraulic ones since they do not require power steering fluid to function and just draw power when necessary.

     

    GLOBAL ELECTRIC POWER STEERING (EPS) SENSOR MARKET SIZE AND FORECAST

     

    Electric Power Steering Eps Sensor Market Size

     

    The Global Electric Power Steering (EPS) Sensor market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    GLOBAL ELECTRIC POWER STEERING (EPS) SENSOR MARKET NEW PRODUCT LAUNCH

    Launch of a Modular Column-assist Electric Power Steering System by Nexteer Today, Nexteer Automotive announced the addition of its new Modular Column-Assist EPS System to its lineup of Electric Power Steering (EPS) (mCEPS).

     

    The mCEPS system supports a range of load capacities and other needs and is available in three models: Standard, Enhanced, and Pro.

     

    The SAE autonomous driving Levels 2 through 5 as well as over-the-air (OTA) upgrades and cyber security are supported, for instance, by mCEPS Pro. The AUTOSAR Release 4.0 electrical/software architecture serves as the foundation for all three mCEPS models.

     

    Additionally, Nexteer’s specially designed, high-performance torque and rotation angle sensors offer exceptional noise, vibration, and harshness (NVH) performance as well as a smooth, accurate steering feel, which increases drivers’ sense of connection to the road.

     

    For vehicle types that have previously utilised conventional CEPS systems, Nexteer’s mCEPS system opens up new options.

     

    With a platform design and an extendable electronic control system, mCEPS enables us to satisfy OEM clients’ requests for a sophisticated, bespoke, and affordable steering system that is adaptable to customer packaging and other requirements.

     

    GLOBAL ELECTRIC POWER STEERING (EPS) SENSOR MARKET KEY PLAYERS 

     

    THIS GLOBAL ELECTRIC POWER STEERING (EPS) SENSOR MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Electric Power Steering (EPS) Sensors are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Electric Power Steering (EPS) Sensor  and key vendor selection criteria
    3. Where is the Electric Power Steering (EPS) Sensor manufactured? What is the average margin per unit?
    4. Market share of Global Electric Power Steering (EPS) Sensor market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Electric Power Steering (EPS) Sensor  in-house
    6. key predictions for next 5 years in Global Electric Power Steering (EPS) Sensor market
    7. Average B-2-B Electric Power Steering (EPS) Sensor market price in all segments
    8. Latest trends in Electric Power Steering (EPS) Sensor market, by every market segment
    9. The market size (both volume and value) of the Electric Power Steering (EPS) Sensor market in 2023-2030 and every year in between?
    10. Production breakup of Electric Power Steering (EPS) Sensor market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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