Global EPS Motor Market, 2020-2026

The EPS motor rotates a steering gear with an applied force that reduces the torque required from the driver. Compared with conventional steering systems, EPS motors bring many advantages, which are reflected in greater systems efficiency and comfort for the driver, reduction of fuel consumption and the corresponding savings of CO2 emissions. According to Gen Consulting Company, global EPS motor market is projected to grow at a CAGR of 3.79% during the forecast period 2020-2026. Growing potential for EPS motor in passenger car industry is the chief contributor for the growth of the market. The report offers a breakdown of market shares by product, including Brush Motor, Brushless Motor. By application, the EPS motor market is classified into Passenger Car, Commercial Vehicle. On the basis of region, the EPS motor industry is analyzed across North America, Europe, Asia-Pacific, South America and MEA (the Middle East, and Africa). By Product: - Brush Motor - Brushless Motor By Application: - Passenger Car - Commercial Vehicle By region, the market is analyzed across North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at global, regional & country level from 2020 to 2026. - North America (U.S., Canada, Mexico, etc.) - Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.) - Europe (Germany, UK, France, Italy, Russia, Spain, etc.) - Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.) - South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.) The market research report covers the analysis of key stake holders of the EPS motor market. Some of the leading players profiled in the report include: - Nidec Corporation - Mitsubishi Electric Corporation - Yaskawa Electric Corporation - Siemens AG - ABB Ltd. - Ningbo Dechang Electrical Machinery Made Co.,Ltd. - Fuzhou Taiquan Industrial Co., Ltd. - Zhuzhou Elite Electro Mechanical Co., Ltd. - Fuxin Dare Automotive Parts Co., Ltd. - Anhui Guangbo Mechanical Electronic Manufacturing Co.,Ltd. *list is not exhaustive, request free sample to get a complete list of companies The base year of the study is 2019, and forecasts run up to 2026. Research Objective - To analyze and forecast the market size of global EPS motor market. - To classify and forecast global EPS motor market based on product, application. - To identify drivers and challenges for global EPS motor market. - To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in global EPS motor market. - To conduct pricing analysis for global EPS motor market. - To identify and analyze the profile of leading players operating in global EPS motor market. The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are: - Manufacturers of EPS motor - Raw material suppliers - Market research and consulting firms - Government bodies such as regulating authorities and policy makers - Organizations, forums and alliances related to EPS motor