Single-Pinion EPS & Dual-Pinion EPS Market
Single-Pinion EPS & Dual-Pinion EPS Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Single-Pinion EPS & Dual-Pinion EPS Market Size and Growth
The Single-Pinion EPS and Dual-Pinion EPS market research reports indicate a growing demand for electric power steering systems in the automotive industry. The market size for Single-Pinion EPS is estimated to be $2.5 billion, while the market size for Dual-Pinion EPS is projected to be $3.5 billion. Key drivers include increasing focus on fuel efficiency and driver comfort.
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Companies Covered (Covid 19 Impact Covered)
◍ JTEKT
◍ Bosch
◍ NSK
◍ Nexteer
◍ ZF
◍ Mobis
◍ Showa
◍ Thyssenkrupp
◍ Mando
In the Single-Pinion EPS & Dual-Pinion EPS Market, companies like JTEKT, Bosch, NSK, Nexteer, ZF, Mobis, Showa, Thyssenkrupp, and Mando offer advanced steering solutions for both passenger and commercial vehicles. These companies use innovative technologies to enhance steering performance, improve fuel efficiency, and provide a more comfortable driving experience.
- JTEKT sales revenue: $14.8 billion
- Bosch sales revenue: $81.6 billion
- Nexteer sales revenue: $3.5 billion
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Market Segmentation
By Application
◍ Commercial Vehicle
◍ Passenger Vehicle
By Product
◍ SP-EPS
◍ DP-EPS
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$ X Billion USD
Market Growth
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