In this report, the EMEA Car Electric Power Steering market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
The report titled “Global Automotive Steering Market With Focus on Hydraulic & Electric Power Steering: 2016-2020” provides. For details, write to info@daedal-research.com
Global Electric Power Steering Market is estimated to reach $41.9 billion by 2026, forecast to grow at a CAGR of 5.2% during 2021-2026. Increasing adoption of Electric Power Steering in passenger car as well as commercial vehicles is one of the major driving factor that is expected
According to the latest research report by IMARC Group, The global electric power steering market size reached US$ 28.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 43.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. More Info:- https://www.imarcgroup.com/electric-power-steering-market
Electric power steering (EPS) uses an electric motor to assist during the driving of a vehicle. Sensors detect the position and torque of the steering column, and a computer module applies assistive torque via the motor, which connects to either the steering gear or steering column.
The HEV segment is estimated to hold the largest market size in the electric vehicle relay market in 2017. HEVs have a combustion engine in addition to the electric motor and battery. On the other hand, in a BEV, the combustion engine gets replaced with an electric motor. Hence, in HEVs, the normal electronic applications will continue to exist along with a few additional electronic applications. Hence, the number of relays will increase in HEVs as compared to BEVs and PHEVs. The relays employed in electric vehicles have different voltage levels, with the power rating ranging from 1kW to 5kW depending on the application.
One of the primary factors driving the market is the escalating demand for automobiles. In addition, the extensive application of power steering systems in vehicles is also contributing to the market growth as they provide enhance control and improve fuel efficiency of the vehicles Get a PDF Sample for more detailed market insights: Visit the following link: https://www.imarcgroup.com/automotive-steering-system-market E-mail: sales@imarcgroup.com Contact: +91-120-415-5099
Download FREE Sample Report- http://bit.ly/2YR72Kx Global Electric power steering market size will reach 42.01 Billion US$ by 2025, from 25.83 Billion US$ in 2017, at a CAGR of 6.31% during the forecast period 2017 to 2025. For more visit here- http://bit.ly/2Gcl820
More Information @ http://bit.ly/2AeZPIS High demand for electric power steering (EPS) vehicles across the globe will primarily boost the adoption of electrical steering column lock market share from 2017 to 2024.
According to the market research report Steering Market by Type (Manual, HPS, EHPS, and EPS), Component (Hydraulic Pump, Steering Sensor & Column, and Electric Motor), EPS (C-EPS, P-EPS, and R-EPS), Vehicle Type, Region, and Passenger Car Power Steering Aftermarket (EPS and HPS) - Global Forecast to 2021.
Owing to the fact that increase production of vehicles propels the demand in the global automotive motor market, opportunities will increment at a notable compound annual growth rate of 8.69% during the forecast period of 2019-2025, mounting on $27.81 billion worth as of 2018.
Electronic systems being an integral element of modern automotive has invaded 30% of the overall vehicle manufacturing cost. Electronics have integrated itself from operations covering sophisticated pleasurable experience such as radio, music systems, air-condition control, and parking assistance to core engineering components such as engine, ignition, transmission, auto control steering, safety airbags, and anti-lock brake.
The LCV relay segment is projected to grow at the fastest growth rate during the forecast period from 2017 to 2022. The North America region is estimated to witness a high growth in LCV production. In the U.S., the LCV production is projected to increase from 3.3 million units in 2017 to 4.4 million units by 2022. OEMs are focused on adding premium electronic features in LCVs, which influences the relay market for LCV segment.
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Steering And Suspension Parts Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Steering And Suspension Parts Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner. The bad condition of the roads helps the steering and suspension parts market grow, but not the springs market. On rough roads, the steering and suspension parts keep the car stable. Poor roads with bumps and rough surfaces make accidents more likely because they wear out steering and suspension parts over time.
Complete report on Automotive Steering market spread across 68 pages providing 3 company profiles and 1 table and 41 figures is now available at http://www.marketreportsonline.com/500872.html.
The global market for electric aircraft is estimated to be USD 7.9 billion in 2021 and is projected to reach USD 27.7 billion by 2030, at a CAGR of 14.8% during the forecast period.
Request for TOC report @ https://bit.ly/2zv6bHq Power semiconductor devices may face power dissipation issues, thereby stressing the need for the proper cooling arrangement. Power consumption can be considered a key factor hindering the power semiconductor market growth. With the trend of miniaturization of devices, the increased density of gates on a single chip may increase the power dissipation due to leakage. However, technological advancements such as the development of leakage power minimization techniques resulting in enhanced capabilities of these devices are expected to contribute to the industry demand.
The market for bearings in the automotive industry is subjected to mark a healthy rebound in the coming years to reach an estimated value of US$ 18.31 billion in 2026.
More Information @ http://bit.ly/2lMyESs OEMs will account for over 80% revenue share in electric motors market till 2024. Increasing prominence of DC motors in consumer, industrial, and automotive applications will support the high revenue generation. Industry players are continuously focusing on the development of cost effective solutions to gain competitive edge. Additionally, reduction in taxes and excise duties for auto components boosting trade will escalate the demand for OEM products over the coming years.
A recent report published by The Business Research Company on Transport Market provides in-depth analysis of segments and sub-segments in the global as well as regional. https://bit.ly/38ba3uU
The global market for electric aircraft is estimated to be USD 7.9 billion in 2021 and is projected to reach USD 27.7 billion by 2030, at a CAGR of 14.8% during the forecast period.
More details @ www.chinamarketresearchreports.com/115013.html In 2014, Chinese automotive steering system market size increased to 23.89 million sets, of which the demand for passenger car steering system rose to 19.92 million sets. In China, the EPS technology of mainstream companies has been more mature, the product demand has been growing rapidly.
The global market for electric aircraft is estimated to be USD 7.9 billion in 2021 and is projected to reach USD 27.7 billion by 2030, at a CAGR of 14.8% during the forecast period.
This report also shows an overview of the technical as well as other important aspects of the steering system. It includes the value chain, Porter’s five forces analysis, the competitive landscape, and company profiles for major players in the steering system market.
The global automotive bearings market size is expected to grow USD 48.1 billion by 2027 from USD 34.1 billion in 2021, at a CAGR of 5.9% from 2021 to 2027. Bearings are mechanical devices that reduce friction between rotating equipment. In a traditional hatchback, an average number of 60 bearings are fitted, while there is an increase in bearing in the case of sedans and SUVs. Moreover, bearings add significant weight to the vehicle; as a result, OEMs are working continually toward building lighter units.
The electric vehicles market has seen significant development owing to required for resolving future energy resources. This market is rising and becoming integral part of the automotive industry. It represents a way to achieve energy efficiency coupled with decreasing release of pollutants and few other greenhouse gases.
The steering wheel speed sensor is a critical component of the steering system, as it monitors the steering wheels rotational speed. The sensor is primarily used in the EPS system. The increasing adoption of EPS in vehicles has boosted the demand for steering wheel sensors. Asia-Oceania is estimated to lead the steering wheel speed sensor market, followed by North America and the Rest of the World, owing to the increasing adoption of EPS in the reg
Steering Market report categorizes the global market by EPS Type (C-EPS, R-EPS & P-EPS), System (EPS, EHPS), Component, Vehicle Type (LCV, HCV), & by Region.
According to Goldstein Research, “Growing passenger vehicle sales and growing trend of enhancing vehicle appearance and performance increasing the consumer’s interest towards passenger car accessories. This rapid shift of consumer interest is expected to be major factor behind strong growth of passenger car accessories market. Rising trend of customization will remain the key factor driving demand for passenger car accessories across the globe. While astounding growth of global automotive industry hold a direct impact on the global passenger car accessories market, exceptional growth is witnessed in automotive sector of BRIC nations will continue to impel passenger car accessories market.
The majority of new cars sold today feature Electric Power Steering (EPS). The market for EPS systems is estimated to grow at a high CAGR, owing to the increasing production of passenger cars and sports utility vehicles (SUVs). The EPS market is primarily driven by the rising demand for fuel efficiency and the growth of the automotive industry in emerging economies. The demand for column-assist EPS, which is suitable for small or medium-sized vehicles, and rack-assist EPS, which is frequently used in large vehicles, is expected to increase, especially in North America. EPS systems have completely replaced manual and hydraulic steering systems in passenger cars in developed as well as developing countries.
Engine capacity helps in determining engine output such as power, torque, and mileage. The 3.5-liter engine segment, which is used in SUVs, sports cars and high end luxury cars, holds the largest market share mainly due to preference for powerful vehicles in the region. The 1.5 to 1.8 liter engine segment gives moderate mileage in petrol vehicles and is generally used in mid-size cars and small wagons.
Silent Heroes: Decoding the Automotive Actuators Market In the intricate ballet of a car's operation, every movement, from the smooth glide of acceleration to the reassuring bite of the brakes, is orchestrated by a silent conductor: the actuator. These unsung heroes convert electrical signals into mechanical force, playing a pivotal role in everything from engine control to seat adjustments.
Automotive Steering System Market Analysis, By Type (Hydraulic Powered Automotive Steering System, Electrically Powered Automotive Steering System), By Vehicle Type (Automotive Steering Systems for Passenger Vehicles - Global Survey 2021-2031
China is the world’s largest market for automobiles and the world’s top auto producer. The Government of China has observed its automotive sector, including the auto parts industry, as a pillar industry for many years. The auto component industry in China, with a strong positive multiplier effect, is one of key drivers of China’s economic growth.
North American Automotive Headliners Market size is anticipated to exceed USD 2.8 billion by 2026, according to a latest forecast report by Graphical Research. The increasing production of automobiles and the rising focus on weight reduction along with carbon footprint alleviation are some of the key factors estimated to drive the automotive headliners market growth. North America produced over 12.8 million motor vehicles in 2019 and the U.S. was the major producer with 10.9 million vehicles.
According to the latest research report by IMARC Group, The global automotive HMI market size reached US$ 21.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 48.3 Billion by 2032, exhibiting a growth rate (CAGR) of 9.08% during 2024-2032. More Info:- https://www.imarcgroup.com/automotive-hmi-market
The global Automotive Relay market size is projected to reach USD 22 billion by 2026 at a CAGR of 6% from USD 15 billion in 2021 during the forecast period 2021-2028.
Global Automotive Sensors Market size is projected to be valued $39.8 Billion by 2024; with a CAGR of 7.1% from 2017 to 2025. In the automotive electronic system, sensors are important component for accurately
The global automotive aluminum market size reached US$ 27.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 47.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.67% during 2023-2028. More Info:- https://www.imarcgroup.com/automotive-aluminium-market
According to the latest research report by IMARC Group, The global automotive electronic control unit (ECU) market size reached US$ 79.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 110.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028. More Info:- https://www.imarcgroup.com/automotive-electronic-control-unit-market
The Business Research Company adds a report “Motor Vehicle Parts Manufacturing Global Market Report 2019” under its Motor Vehicle Parts Manufacturing category. The report covers market characteristics, key players, market size and trends from 2019 to 2022. Read Report: https://www.thebusinessresearchcompany.com/report/motor-vehicle-parts-manufacturing-global-market-report
Have you pulled your car up to the gas pump lately and been shocked by the high price of gasoline? As the pump clicked past $20, $30, $40 or even $50, maybe you thought about trading in your car for something that gets better mileage. Or maybe you're worried that your car is contributing to the greenhouse effect.
Global Transparent Conductive Films Market: Information by Material (Carbon Nanotubes, Metal Mesh, Silver Nanowire, Indium Tin Oxide on PET, Indium Tin Oxide on Glass), Application (Notebooks, Tablets, Wearable Devices, LCD) and Region - Forecast till 2023