Global Electric Power Steering Market 2017-2021 with ZF Friedrichshafen, Mitsubishi Electric, Nexteer & TRW Automotive Dominating - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Electric Power Steering Market 2017-2021" report to their offering.

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

The report covers the present scenario and the growth prospects of the global electric power steering market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of passenger cars and light commercial vehicles (LCVs). The report also includes a discussion of the key vendors operating in this market.

The global automotive industry 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 industry 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.

Key vendors

  • ZF Friedrichshafen
  • Mitsubishi Electric
  • Nexteer
  • TRW Automotive

Other prominent vendors

  • ATS Automation Tooling Systems
  • Delphi Automotive
  • GKN
  • Hyundai Mobis
  • JTEKT
  • Mando
  • Robert Bosch
  • Thyssenkrupp Presta AG

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by product

Part 07: Geographical segmentation

Part 08: Key leading countries

Part 09: Market drivers

Part 10: Impact of drivers

Part 11: Market challenges

Part 12: Impact of drivers and challenges

Part 13: Market trends

For more information about this report visit https://www.researchandmarkets.com/research/s7pt7r/global_electric

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Steering Systems and Components

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Steering Systems and Components