Global Electric Power Assisted Steering (EPAS) market cagr 7.4%

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Electric Power Assisted Steering (EPAS)

Market

Electric Power Assisted Steering (EPAS) Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Electric Power Assisted Steering (EPAS) Market Size and Growth

The Electric Power Assisted Steering (EPAS) market research reports indicate a growing demand for EPAS systems due to increasing focus on fuel efficiency and driver comfort. The global EPAS market is expected to reach a value of $XX billion by 2027, with steady growth driven by advancements in automotive technology.

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Companies Covered (Covid 19 Impact Covered)

◍ JTEKT

◍ Bosch

◍ NSK

◍ Nexteer

◍ ZF

◍ Mobis

◍ Showa

◍ Thyssenkrupp

◍ Mando

The Electric Power Assisted Steering (EPAS) Market is highly competitive with key players such as JTEKT, Bosch, NSK, Nexteer, ZF, Mobis, Showa, Thyssenkrupp, and Mando. These companies provide EPAS systems to various automotive manufacturers, helping to enhance vehicle safety, performance, and efficiency. Sales revenue figures: Bosch - $48B, ZF - $44B, Nexteer$3.9B.

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Market Segmentation

By Application

◍ Commercial Vehicles

◍ Passenger Vehicles

By Product

◍ C-EPS

◍ P-EPS

◍ R-EPS

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$ X Billion USD
Market Growth
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Global Electric Power Assisted Steering (EPAS) market cagr 7.4% by ReportPrime - Issuu