EPS systems are rapidly gaining acceptance among automakers and consumers because of the benefits they offer. They are lightweight and offer more fuel economy, when compared with hydraulic power steering systems. In terms of precision, EPS systems are more precise and reduce the steering effort.
Analysts forecast the Global Electric Power Steering market to grow at a CAGR of 8.63 percent over the period 2014-2019.
Global Electric Power Steering Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
- JTEKT Corp.
- Mitsubishi Electric Corp.
- Nexteer Automotive
- NSK Limited
- TRW Automotive
Other Prominent Vendors
- Bosch Corporation
- China Automotive Systems Inc.
- Continental AG
- Delphi Automotive
- Federal-Mogul Corp.
- Mando Corp.
- Showa Corp
- Increase in Vehicle Production installed with EPS
- Aftermarket Issues
- Emerging Markets Potential
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Automotive safety is the procedure of designing and constructing the safety systems of a vehicle as per the standards and regulations prescribed by government agencies and transport authorities worldwide. Automotive safety systems help prevent and minimize the impact of accidents. Present day vehicles are equipped with both passive and active safety systems to protect both passengers and the driver.
Dairy products transportation is the movement of dairy products from manufacturing plants to different packaging companies or retailers. Producers of dairy products maintain strong partnerships with 3PL providers to avail the benefits of efficient and cost-effective metrics when required. The companies transporting dairy products comply with strict government regulations in terms of freshness.