Global EPS Motors Market Growth 2023-2029

EPS is the abbreviation of Electric Power Steering in English, that is, electric power steering system. Electric power steering system is the development direction of automobile steering system. The system uses the electric motor to directly provide steering assistance, eliminating the power steering oil pump, hose, hydraulic oil, conveyor belt and the pulley installed on the engine that are necessary for the hydraulic power steering system, which saves energy and protects the environment. In addition, it also has the characteristics of simple adjustment, flexible assembly, and can provide steering assistance under various conditions.

LPI (LP Information)' newest research report, the “EPS Motors Industry Forecast” looks at past sales and reviews total world EPS Motors sales in 2022, providing a comprehensive analysis by region and market sector of projected EPS Motors sales for 2023 through 2029. With EPS Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EPS Motors industry.

This Insight Report provides a comprehensive analysis of the global EPS Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on EPS Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global EPS Motors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EPS Motors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global EPS Motors.

The global EPS Motors market size is projected to grow from US$ 2244.6 million in 2022 to US$ 2666.2 million in 2029; it is expected to grow at a CAGR of 2666.2 from 2023 to 2029.

EPS motor is classified as CEPS motor, REPS motor, PEPS motor, EHPS motor, etc. It is mainly used in passenger cars and commercial vehicles. At present, the main global manufacturers include Nidec, Bosch, mitsuishi electric, Denso and ZF. In 2019, the share of top 5 major manufacturers accounts for more than 78%. It is expected that the industry competition will be more intense in the next few years, especially in China market.

This report presents a comprehensive overview, market shares, and growth opportunities of EPS Motors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    CEPS Motor
    REPS Motor
    PEPS Motor
    EHPS Motor

Segmentation by application
    Passenger Vehicle
    Commercial Vehicle

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Nidec
    Bosch
    Mitsubishi Electric
    Denso
    ZF
    LG Innotek
    Mitsuba
    Zhuzhou Elite Electro Mechanical Co., Ltd
    Fuxin Dare Automotive Parts Co.,Ltd

Key Questions Addressed in this Report
What is the 10-year outlook for the global EPS Motors market?
What factors are driving EPS Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do EPS Motors market opportunities vary by end market size?
How does EPS Motors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. EPS Motors Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. EPS Motors Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of CEPS Motor
    Table 4. Major Players of REPS Motor
    Table 5. Major Players of PEPS Motor
    Table 6. Major Players of EHPS Motor
    Table 7. Global EPS Motors Sales by Type (2018-2023) & (K Units)
    Table 8. Global EPS Motors Sales Market Share by Type (2018-2023)
    Table 9. Global EPS Motors Revenue by Type (2018-2023) & ($ million)
    Table 10. Global EPS Motors Revenue Market Share by Type (2018-2023)
    Table 11. Global EPS Motors Sale Price by Type (2018-2023) & (US$/Unit)
    Table 12. Global EPS Motors Sales by Application (2018-2023) & (K Units)
    Table 13. Global EPS Motors Sales Market Share by Application (2018-2023)
    Table 14. Global EPS Motors Revenue by Application (2018-2023)
    Table 15. Global EPS Motors Revenue Market Share by Application (2018-2023)
    Table 16. Global EPS Motors Sale Price by Application (2018-2023) & (US$/Unit)
    Table 17. Global EPS Motors Sales by Company (2018-2023) & (K Units)
    Table 18. Global EPS Motors Sales Market Share by Company (2018-2023)
    Table 19. Global EPS Motors Revenue by Company (2018-2023) ($ Millions)
    Table 20. Global EPS Motors Revenue Market Share by Company (2018-2023)
    Table 21. Global EPS Motors Sale Price by Company (2018-2023) & (US$/Unit)
    Table 22. Key Manufacturers EPS Motors Producing Area Distribution and Sales Area
    Table 23. Players EPS Motors Products Offered
    Table 24. EPS Motors Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 25. New Products and Potential Entrants
    Table 26. Mergers & Acquisitions, Expansion
    Table 27. Global EPS Motors Sales by Geographic Region (2018-2023) & (K Units)
    Table 28. Global EPS Motors Sales Market Share Geographic Region (2018-2023)
    Table 29. Global EPS Motors Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 30. Global EPS Motors Revenue Market Share by Geographic Region (2018-2023)
    Table 31. Global EPS Motors Sales by Country/Region (2018-2023) & (K Units)
    Table 32. Global EPS Motors Sales Market Share by Country/Region (2018-2023)
    Table 33. Global EPS Motors Revenue by Country/Region (2018-2023) & ($ millions)
    Table 34. Global EPS Motors Revenue Market Share by Country/Region (2018-2023)
    Table 35. Americas EPS Motors Sales by Country (2018-2023) & (K Units)
    Table 36. Americas EPS Motors Sales Market Share by Country (2018-2023)
    Table 37. Americas EPS Motors Revenue by Country (2018-2023) & ($ Millions)
    Table 38. Americas EPS Motors Revenue Market Share by Country (2018-2023)
    Table 39. Americas EPS Motors Sales by Type (2018-2023) & (K Units)
    Table 40. Americas EPS Motors Sales by Application (2018-2023) & (K Units)
    Table 41. APAC EPS Motors Sales by Region (2018-2023) & (K Units)
    Table 42. APAC EPS Motors Sales Market Share by Region (2018-2023)
    Table 43. APAC EPS Motors Revenue by Region (2018-2023) & ($ Millions)
    Table 44. APAC EPS Motors Revenue Market Share by Region (2018-2023)
    Table 45. APAC EPS Motors Sales by Type (2018-2023) & (K Units)
    Table 46. APAC EPS Motors Sales by Application (2018-2023) & (K Units)
    Table 47. Europe EPS Motors Sales by Country (2018-2023) & (K Units)
    Table 48. Europe EPS Motors Sales Market Share by Country (2018-2023)
    Table 49. Europe EPS Motors Revenue by Country (2018-2023) & ($ Millions)
    Table 50. Europe EPS Motors Revenue Market Share by Country (2018-2023)
    Table 51. Europe EPS Motors Sales by Type (2018-2023) & (K Units)
    Table 52. Europe EPS Motors Sales by Application (2018-2023) & (K Units)
    Table 53. Middle East & Africa EPS Motors Sales by Country (2018-2023) & (K Units)
    Table 54. Middle East & Africa EPS Motors Sales Market Share by Country (2018-2023)
    Table 55. Middle East & Africa EPS Motors Revenue by Country (2018-2023) & ($ Millions)
    Table 56. Middle East & Africa EPS Motors Revenue Market Share by Country (2018-2023)
    Table 57. Middle East & Africa EPS Motors Sales by Type (2018-2023) & (K Units)
    Table 58. Middle East & Africa EPS Motors Sales by Application (2018-2023) & (K Units)
    Table 59. Key Market Drivers & Growth Opportunities of EPS Motors
    Table 60. Key Market Challenges & Risks of EPS Motors
    Table 61. Key Industry Trends of EPS Motors
    Table 62. EPS Motors Raw Material
    Table 63. Key Suppliers of Raw Materials
    Table 64. EPS Motors Distributors List
    Table 65. EPS Motors Customer List
    Table 66. Global EPS Motors Sales Forecast by Region (2024-2029) & (K Units)
    Table 67. Global EPS Motors Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 68. Americas EPS Motors Sales Forecast by Country (2024-2029) & (K Units)
    Table 69. Americas EPS Motors Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 70. APAC EPS Motors Sales Forecast by Region (2024-2029) & (K Units)
    Table 71. APAC EPS Motors Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 72. Europe EPS Motors Sales Forecast by Country (2024-2029) & (K Units)
    Table 73. Europe EPS Motors Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Middle East & Africa EPS Motors Sales Forecast by Country (2024-2029) & (K Units)
    Table 75. Middle East & Africa EPS Motors Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 76. Global EPS Motors Sales Forecast by Type (2024-2029) & (K Units)
    Table 77. Global EPS Motors Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 78. Global EPS Motors Sales Forecast by Application (2024-2029) & (K Units)
    Table 79. Global EPS Motors Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 80. Nidec Basic Information, EPS Motors Manufacturing Base, Sales Area and Its Competitors
    Table 81. Nidec EPS Motors Product Portfolios and Specifications
    Table 82. Nidec EPS Motors Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 83. Nidec Main Business
    Table 84. Nidec Latest Developments
    Table 85. Bosch Basic Information, EPS Motors Manufacturing Base, Sales Area and Its Competitors
    Table 86. Bosch EPS Motors Product Portfolios and Specifications
    Table 87. Bosch EPS Motors Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 88. Bosch Main Business
    Table 89. Bosch Latest Developments
    Table 90. Mitsubishi Electric Basic Information, EPS Motors Manufacturing Base, Sales Area and Its Competitors
    Table 91. Mitsubishi Electric EPS Motors Product Portfolios and Specifications
    Table 92. Mitsubishi Electric EPS Motors Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 93. Mitsubishi Electric Main Business
    Table 94. Mitsubishi Electric Latest Developments
    Table 95. Denso Basic Information, EPS Motors Manufacturing Base, Sales Area and Its Competitors
    Table 96. Denso EPS Motors Product Portfolios and Specifications
    Table 97. Denso EPS Motors Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 98. Denso Main Business
    Table 99. Denso Latest Developments
    Table 100. ZF Basic Information, EPS Motors Manufacturing Base, Sales Area and Its Competitors
    Table 101. ZF EPS Motors Product Portfolios and Specifications
    Table 102. ZF EPS Motors Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 103. ZF Main Business
    Table 104. ZF Latest Developments
    Table 105. LG Innotek Basic Information, EPS Motors Manufacturing Base, Sales Area and Its Competitors
    Table 106. LG Innotek EPS Motors Product Portfolios and Specifications
    Table 107. LG Innotek EPS Motors Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 108. LG Innotek Main Business
    Table 109. LG Innotek Latest Developments
    Table 110. Mitsuba Basic Information, EPS Motors Manufacturing Base, Sales Area and Its Competitors
    Table 111. Mitsuba EPS Motors Product Portfolios and Specifications
    Table 112. Mitsuba EPS Motors Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 113. Mitsuba Main Business
    Table 114. Mitsuba Latest Developments
    Table 115. Zhuzhou Elite Electro Mechanical Co., Ltd Basic Information, EPS Motors Manufacturing Base, Sales Area and Its Competitors
    Table 116. Zhuzhou Elite Electro Mechanical Co., Ltd EPS Motors Product Portfolios and Specifications
    Table 117. Zhuzhou Elite Electro Mechanical Co., Ltd EPS Motors Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 118. Zhuzhou Elite Electro Mechanical Co., Ltd Main Business
    Table 119. Zhuzhou Elite Electro Mechanical Co., Ltd Latest Developments
    Table 120. Fuxin Dare Automotive Parts Co.,Ltd Basic Information, EPS Motors Manufacturing Base, Sales Area and Its Competitors
    Table 121. Fuxin Dare Automotive Parts Co.,Ltd EPS Motors Product Portfolios and Specifications
    Table 122. Fuxin Dare Automotive Parts Co.,Ltd EPS Motors Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 123. Fuxin Dare Automotive Parts Co.,Ltd Main Business
    Table 124. Fuxin Dare Automotive Parts Co.,Ltd Latest Developments
List of Figures
    Figure 1. Picture of EPS Motors
    Figure 2. EPS Motors Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global EPS Motors Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global EPS Motors Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. EPS Motors Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of CEPS Motor
    Figure 10. Product Picture of REPS Motor
    Figure 11. Product Picture of PEPS Motor
    Figure 12. Product Picture of EHPS Motor
    Figure 13. Global EPS Motors Sales Market Share by Type in 2022
    Figure 14. Global EPS Motors Revenue Market Share by Type (2018-2023)
    Figure 15. EPS Motors Consumed in Passenger Vehicle
    Figure 16. Global EPS Motors Market: Passenger Vehicle (2018-2023) & (K Units)
    Figure 17. EPS Motors Consumed in Commercial Vehicle
    Figure 18. Global EPS Motors Market: Commercial Vehicle (2018-2023) & (K Units)
    Figure 19. Global EPS Motors Sales Market Share by Application (2022)
    Figure 20. Global EPS Motors Revenue Market Share by Application in 2022
    Figure 21. EPS Motors Sales Market by Company in 2022 (K Units)
    Figure 22. Global EPS Motors Sales Market Share by Company in 2022
    Figure 23. EPS Motors Revenue Market by Company in 2022 ($ Million)
    Figure 24. Global EPS Motors Revenue Market Share by Company in 2022
    Figure 25. Global EPS Motors Sales Market Share by Geographic Region (2018-2023)
    Figure 26. Global EPS Motors Revenue Market Share by Geographic Region in 2022
    Figure 27. Americas EPS Motors Sales 2018-2023 (K Units)
    Figure 28. Americas EPS Motors Revenue 2018-2023 ($ Millions)
    Figure 29. APAC EPS Motors Sales 2018-2023 (K Units)
    Figure 30. APAC EPS Motors Revenue 2018-2023 ($ Millions)
    Figure 31. Europe EPS Motors Sales 2018-2023 (K Units)
    Figure 32. Europe EPS Motors Revenue 2018-2023 ($ Millions)
    Figure 33. Middle East & Africa EPS Motors Sales 2018-2023 (K Units)
    Figure 34. Middle East & Africa EPS Motors Revenue 2018-2023 ($ Millions)
    Figure 35. Americas EPS Motors Sales Market Share by Country in 2022
    Figure 36. Americas EPS Motors Revenue Market Share by Country in 2022
    Figure 37. Americas EPS Motors Sales Market Share by Type (2018-2023)
    Figure 38. Americas EPS Motors Sales Market Share by Application (2018-2023)
    Figure 39. United States EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 40. Canada EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 41. Mexico EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 42. Brazil EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 43. APAC EPS Motors Sales Market Share by Region in 2022
    Figure 44. APAC EPS Motors Revenue Market Share by Regions in 2022
    Figure 45. APAC EPS Motors Sales Market Share by Type (2018-2023)
    Figure 46. APAC EPS Motors Sales Market Share by Application (2018-2023)
    Figure 47. China EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 48. Japan EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 49. South Korea EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Southeast Asia EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 51. India EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Australia EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 53. China Taiwan EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Europe EPS Motors Sales Market Share by Country in 2022
    Figure 55. Europe EPS Motors Revenue Market Share by Country in 2022
    Figure 56. Europe EPS Motors Sales Market Share by Type (2018-2023)
    Figure 57. Europe EPS Motors Sales Market Share by Application (2018-2023)
    Figure 58. Germany EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 59. France EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 60. UK EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Italy EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 62. Russia EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Middle East & Africa EPS Motors Sales Market Share by Country in 2022
    Figure 64. Middle East & Africa EPS Motors Revenue Market Share by Country in 2022
    Figure 65. Middle East & Africa EPS Motors Sales Market Share by Type (2018-2023)
    Figure 66. Middle East & Africa EPS Motors Sales Market Share by Application (2018-2023)
    Figure 67. Egypt EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 68. South Africa EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 69. Israel EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 70. Turkey EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 71. GCC Country EPS Motors Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Manufacturing Cost Structure Analysis of EPS Motors in 2022
    Figure 73. Manufacturing Process Analysis of EPS Motors
    Figure 74. Industry Chain Structure of EPS Motors
    Figure 75. Channels of Distribution
    Figure 76. Global EPS Motors Sales Market Forecast by Region (2024-2029)
    Figure 77. Global EPS Motors Revenue Market Share Forecast by Region (2024-2029)
    Figure 78. Global EPS Motors Sales Market Share Forecast by Type (2024-2029)
    Figure 79. Global EPS Motors Revenue Market Share Forecast by Type (2024-2029)
    Figure 80. Global EPS Motors Sales Market Share Forecast by Application (2024-2029)
    Figure 81. Global EPS Motors Revenue Market Share Forecast by Application (2024-2029)

Nidec
Bosch
Mitsubishi Electric
Denso
ZF
LG Innotek
Mitsuba
Zhuzhou Elite Electro Mechanical Co., Ltd
Fuxin Dare Automotive Parts Co.,Ltd

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape