Global Rigid Electric Power Steering Market Insights, Forecast to 2028

Rigid Electric Power Steering Market Statistics 2028

Due to the COVID-19 pandemic, the global Rigid Electric Power Steering market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period.

Fully considering the economic change by this health crisis, Rack Assist Type (REPS) accounting for % of the Rigid Electric Power Steering global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Passenger Cars (PC) segment is altered to an % CAGR throughout this forecast period.

China Rigid Electric Power Steering market size is valued at US$ million in 2021, while the US and Europe Rigid Electric Power Steering are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Rigid Electric Power Steering landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

The global key manufacturers of Rigid Electric Power Steering include JteKT, Nexteer, ZF, Robert Bosch, NSK, Hyundai Mobis, Showa Corporation, Delphi and Thyssenkrupp and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

In terms of production side, this report researches the Rigid Electric Power Steering capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Rigid Electric Power Steering by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Rigid Electric Power Steering Market Segment

Rigid Electric Power Steering market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Rigid Electric Power Steering market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type

• Rack Assist Type (REPS)
• Colum Assist Type (CEPS)
• Pinion Assist Type (PEPS)

Segment by Application

• Passenger Cars (PC)
• Commercial Vehicles (CV)

BY COMPANY

• JteKT
• Nexteer
• ZF
• Robert Bosch
• NSK
• Hyundai Mobis
• Showa Corporation
• Delphi
• Thyssenkrupp
• Mitsubishi Electric

Production by Region

• North America
• Europe
• China
• Japan
• South Korea
• India

Consumption by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE