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Los Angeles, CA -- (SBWIRE) -- 04/11/2019 -- Automotive Electronic Power Steering is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.
Geographically, the global Automotive Electronic Power Steering market has been segmented into North America, Europe, China, Japan & Kore and other. The Europe held the largest share in the global market, its revenue of global market exceeds 29% in 2018. The next is Europe.
The global Automotive Electronic Power Steering market was 22300 million US$ in 2018 and is expected to 34500 million US$ by the end of 2025, growing at a CAGR of 6.5% between 2019 and 2025.
This report studies the Automotive Electronic Power Steering market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive Electronic Power Steering in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
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