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  • Electronic Power Steering Market Technology, Trends, Development, Analysis and Forecast to 2025

    (Transportation-News.com, June 05, 2018 ) The electromechanical power steering controls and assists vehicle steering using an intelligently controlled electric motor. It is the latest system in which the electric motor ("E-motor") is attached directly to the steering gearbox without a hydraulic system. Sensors detect the motion of the steering column and a processor module applies assistive power via an electric motor. This allows varying amounts of assistance depending on driving conditions.

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    Global Electronic Power Steering Market Players:

    - JTEKT Corporation

    - Misubishi Corporation

    - Nidec Corporation

    - Rober Bosch

    - Nexteer Automotive

    - Hyndai Mobis

    - Thyssenkrupp Presta AG

    - Sona Koyo Steering Systems Ltd.

    - ZF Friedrichshafen Group

    - Zhuzhou Elite Electro Mechanical Co. Ltd.

    The report aims to provide an overview of global electronic power steering market with detailed market segmentation by vehicle type, EPS type, and geography. The global electronic power steering market is expected to witness high growth during the forecast period. Added benefits of electronic power steering over hydraulic steering such as improves fuel economy, eliminates the weight and bulk of the power steering pump and hoses as well as creates less noise, all these features are expected to drive the electronic power steering market.

    Objectives of Electronic Power Steering Market Report are as follows:

    To provide overview of the global Electronic Power Steering market
    To analyze and forecast the global Electronic Power Steering market on the basis of components, application, size and technology
    To provide market size and forecast till 2025 for overall Electronic Power Steering market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
    To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
    To provide exhaustive PEST analysis for all five regions
    To profiles key Electronic Power Steering players influencing the market along with their SWOT analysis and market strategies
    Complete Report is Available @http://www.reportsweb.com/inquiry&RW0001554830/buying

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