Electrically powered steering column drive Market - Industry Value Forecast, Dynamics, growth, potential, segments, market share, Size, online PDF Report, Free Sample Copy, Future projection, Analysis, supply and demand, trends, opportunities, Product types, Regions, current market, worth, overview, Competition Landscape and Dashboard.

New York, NY -- (SBWire) -- 01/18/2018 --Electrically powered steering - column drive market: Overview
Electrically powered steering column drive systems are the systems which require a column to support or connect the steering wheel to the system. Optimally the EPS drive is placed on the side of the steering column in the vehicle interior. An additional torque is provided by the motor and is transferred to the system. This method is used in compact vehicles which have to be built in a limited amount of space. These systems are fuel efficient, and hence they emit less carbon dioxide.

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The systems having column drive electrically powered steering system does not have to worry about the temperature ranges and have a beneficial effect on the cost of the system. The EPS column drive systems work like a normal EPS system where they monitor the driver's activity and assists only when its required, in this way they consume less power. This reduction in the consumption of power makes them fuel efficient. Steering column can be attached with both vertical and horizontal steering wheel adjustments. Column assisted electric power steering system are used in compact cars which require small rack force.

Electrically powered steering - column drive market: Drivers & Restraints

Since the motor and ECU are inside the cabin so there is no need of waterproofing and there is no influence on engine and transmission layout. This is the biggest advantage of using electrically powered column drive steering systems. They provide a compact structure and does not require any messy connection like in hydraulic steering systems. They are fuel efficient and are light weight which can be easily installed in an automobile. They have a built in safe technology which allows them to drive the steering manually at the time of system failure.

They cannot be used for medium or large sized vehicles that require better steering performances as they provide a lot of friction caused by the steering column.

Steer by wire technology has been used in various heavy duty vehicles in which no amount of manual force is required but it's still new to the automobiles and engineers are working on incorporating this technology in automobiles to make them fully automated and to provide a safe and hands-free driving.

Electrically powered steering - column drive: Region wise Outlook

The electrically powered steering – column drive market is divided into five regions, namely North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa (MEA). Electrically powered steering column drive market is high in the mature markets like North America and Europe because of their continuous efforts in using advanced technologies and bringing it to the market. Asia Pacific and Latin America are at the initial stages of development excluding China and Japan and are getting familiar with these systems and have started incorporating the column drive systems in their automobiles. China and Japan are working on the new technologies which they can add in these systems and are expected to grow in future. The Middle East and African countries have also started using these systems and are expected to grow in future.

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Electrically powered steering - column drive market: Key Players

Some of the key players identified in electrically powered steering - column drive market are:-

TRW
Dayco
Herald wheels
Motor mechanic
ZF Friedrichshafen AG
Nexteer
NSK Ltd
JTEKT Corp
Marimba Auto
Continental
Kostal of America