Electric Power Steering (EPS) Sensor Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China - Size and Forecast 2024-2028

The electric power steering (EPS) sensor market analysis report offers a detailed assessment of the market size and growth trajectory in North America, Europe, APAC, South America, Middle East, and Africa, focusing on the US, UK, France, Germany, and China from 2024 to 2028. This comprehensive study covers market size, share, trends, growth drivers, challenges, and opportunities in the EPS sensor market across various segments and regions.

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Market Report Insights

The report delves into the key driving factors, including the increasing adoption of electric and hybrid vehicles (EHVs) and the growing preference for advanced steering systems. Market challenges include the high cost of EPS sensors and the complexity of their design and manufacturing. Major players in the EPS sensor market include Bosch, Continental AG, Denso Corporation, and ZF Friedrichshafen AG.

Market Segmentation

The EPS sensor market is segmented based on sensor type into torque sensors and steering angle sensors. Torque sensors measure the steering wheel torque, while steering angle sensors determine the steering angle. By vehicle type, the market is segmented into passenger vehicles and commercial vehicles.

Regional Analysis

The EPS sensor market is analyzed across North America, Europe, APAC, South America, Middle East, and Africa. Each region presents unique growth opportunities, with Europe and APAC being major contributors to the global market.

Market Dynamics

Drivers:
- Growing demand for electric and hybrid vehicles
- Increasing preference for advanced steering systems

Trends:
- Integration of sensor technology with vehicle dynamics
- Development of lightweight and cost-effective EPS sensors

Opportunities:
- Expansion of the market in emerging economies
- Growing demand for safety features in vehicles

Company Analysis

1. Bosch: A leading global technology company, Bosch offers a wide range of EPS sensors for various vehicle applications.
2. Continental AG: Continental AG is a leading automotive supplier, providing advanced EPS sensors for both passenger cars and commercial vehicles.
3. Denso Corporation: Denso Corporation is a leading automotive components manufacturer, offering a comprehensive range of EPS sensors.
4. ZF Friedrichshafen AG: ZF Friedrichshafen AG is a global technology company, providing advanced EPS sensors for various vehicle applications.

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Market Report Highlights

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FAQs

1. What is the size of the EPS sensor market in Europe?
Answer: The report provides the market size and growth trends for the EPS sensor market in Europe from 2024 to 2028.
2. Who are the major players in the EPS sensor market?
Answer: Major players in the EPS sensor market include Bosch, Continental AG, Denso Corporation, and ZF Friedrichshafen AG.
3. What are the growth drivers for the EPS sensor market?
Answer: The EPS sensor market is driven by the increasing adoption of electric and hybrid vehicles and the growing preference for advanced steering systems.
4. What are the challenges faced by the EPS sensor market?
Answer: The EPS sensor market faces challenges such as the high cost of EPS sensors and the complexity of their design and manufacturing.
5. What is the segmentation of the EPS sensor market based on sensor type?
Answer: The EPS sensor market is segmented into torque sensors and steering angle sensors.
6. What are the applications of EPS sensors in the automotive industry?
Answer: EPS sensors are used in steering systems to provide real-time information on torque and steering angle, enhancing vehicle stability and safety.

Table of Contents

1. Executive Summary

2. Market Landscape

3. Market Sizing

• 3.1 Market definition
• 3.2 Market segment analysis
• 3.3 Market size 2023
• 3.4 Market outlook: Forecast for 2024-2028

4. Historic Market Size

• 4.1 Global market 2018 - 2022
• 4.2 Type Segment Analysis 2018 - 2022
• 4.3 Application Segment Analysis 2018 - 2022
• 4.4 Geography Segment Analysis 2018 - 2022
• 4.5 Country Segment Analysis 2018 - 2022

5. Five Forces Analysis

• 5.1 Five forces summary
• 5.2 Bargaining power of buyers
• 5.3 Bargaining power of suppliers
• 5.4 Threat of new entrants
• 5.5 Threat of substitutes
• 5.6 Threat of rivalry
• 5.7 Market condition

6. Market Segmentation by Product Type

• 6.1 Market segments
• 6.2 Comparison by Product Type
• 6.3 Market opportunity by Product Type

7. Market Segmentation by Application

• 7.1 Market segments
• 7.2 Comparison by Application
• 7.3 Market opportunity by Application

8. Customer Landscape

• 8.1 Customer landscape overview

9. Geographic Landscape

• 9.1 Geographic segmentation
• 9.2 Geographic comparison
• 9.3 North America - Market size and forecast 2023-2028
• 9.4 Europe - Market size and forecast 2023-2028
• 9.5 APAC - Market size and forecast 2023-2028
• 9.6 South America - Market size and forecast 2023-2028
• 9.7 Middle East and Africa - Market size and forecast 2023-2028

10. Drivers, Challenges, and Trends

• 10.1 Market drivers
• 10.2 Market challenges
• 10.3 Impact of drivers and challenges
• 10.4 Market trends

11. Company Landscape

• 11.1 Overview
• 11.2 Company landscape
• 11.3 Landscape disruption
• 11.4 Industry risks

12. Company Analysis

• 12.1 Companies covered
• 12.2 Market positioning of companies

13. Appendix

• 13.1 Scope of the report
• 13.2 Inclusions and exclusions checklist
• 13.3 Currency conversion rates for US$
• 13.4 Research methodology
• 13.5 List of abbreviations

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