Electric power is the rate, per unit time, at which electrical energy is transferred by an electric circuit.
The rising vehicle production, growing demand for advanced safety and convenience, and increased disposable incomes worldwide are some of the other factors driving the growth of the electric power market.

Market Analysis and Insights: Global Electric Power Steering Market
The global Electric Power Steering market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.
This report focuses on Electric Power Steering volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Electric Power Steering market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Global Electric Power Steering Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
CEPS
PEPS
REPS

Segment by Application
Industrial vehicles
Commercial vehicles
Others

Global Electric Power Steering Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Electric Power Steering market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Electric Power Steering Market:

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include JteKT, Nexteer, ZF, Bosch, NSK, Hyundai Mobis, Showa, Delphi, Thyssenkrupp, Mitsubishi Electric, GKN, Federal Mogul, etc.