Global Brushless EPS Controller Industry Market Overview:
In Automotive Electronics Applications, the Electric Power Steering (EPS) Controller industry presents itself as a very vital, if not quite so important, segment that is continuously upgrading itself. Indeed, the EPS controller is considered the brain of the EPS system; it interprets inputs from sensors to determine how much amount of electric assist should be provided to ensure steering that is both smooth and whose responsiveness has been optimized. It is worth mentioning that this promising industry is experiencing a considerable drive owing to the recent surge in the adoption of electric and hybrid vehicles (EV/ HEMS) as EPS offers much better energy savings than conventional hydraulic systems. Furthermore, there is greater demand for more advanced driver-assistance systems (ADAS), which are in need of precise and reliable control of steering, thus fueling high escalation demand for advanced EPS controllers as well. Innovation has become a characteristic of the space, with a few combining it in creating innovations inside this continuous technological evolution for purposes of making them more miniaturized or making them more energy efficient as well as introducing more functionalities today, such as torque vectoring and support for autonomous driving features. Each of the key companies is continuously innovating and producing controllers embedded with phenomenally increased safety and regulatory requirements in mind but for a very diverse portfolio of vehicles.
Attributes | Details |
---|
Study Period | 2020-2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Historical Period | 2020-2024 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Competitive Landscape:
Some of the key players profiled in the report are Jingwei Hirain (Beijing, China), Bosch (Gerlingen, Germany), JTEKT (Nagoya, Japan), Nexteer (Auburn Hills, Michigan, USA), ZF (Friedrichshafen, Germany), NSK (Tokyo, Japan), Hitachi Astemo (Tokyo, Japan), Hyundai Mobis (Seoul, South Korea), Thyssenkrupp (Essen, Germany), Mando (Seongnam, South Korea) and CAAS (Chongqing, China). Considering Market by Type, the sub-segment i.e. Column Type EPS will boost the Brushless EPS Controller Industry market. Considering Market by Technology, the sub-segment i.e. Static EPS will boost the Brushless EPS Controller Industry market. Considering Market by Vehicle Type, the sub-segment i.e. Passenger Vehicles will boost the Brushless EPS Controller Industry market. Considering Market by Component, the sub-segment i.e. Controller Unit will boost the Brushless EPS Controller Industry market.
What Can be Explored with the Brushless EPS Controller Industry Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Brushless EPS Controller Industry Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Brushless EPS Controller Industry
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Brushless EPS Controller Industry market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Brushless EPS Controller Industry market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.