According to Stratistics MRC, the Global Automotive Electro-Hydraulic Power Steering Market is accounted for $1.60 billion in 2022 and is expected to reach $2.51 billion by 2028 growing at a CAGR of 7.8% during the forecast period.
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An electric motor in an automotive electric power steering system assists the driver while driving the car. Sensors monitor the position and torque of the steering column, and a computer module applies assistive torque via the motor, which is connected to either the steering gear or the steering column. Through the employment of an electric motor directly attached to the steering gear or column, automotive electric power steering provides more help than traditional hydraulic power steering.
Some of the key players profiled in the Automotive Electro-Hydraulic Power Steering Market include Nissan Group, JTEKT Corporation, Hitachi Astemo Americas, Danotek Motion Technologies, Tecnosir s.r.l., Eaton, Allied Motion Inc, GENERAL RICAMBI, ZF Friedrichshafen AG, SEAT S.A, Nexteer Automotive Group Ltd, SHOWA Corporation, Mitsubishi Electric Corporation and Thyssenkrupp
Types Covered:
• R-EHPS
• C-EHPS
• P-EHPS
Electric Motors Covered:
• Brushless Motor
• Brush Motor
Electric Vehicles Covered:
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
Components Covered:
• Mechanical Rack and Pinion
• Bearing
• Steering Wheel
• Steering Gear
• Steering Column
• Electronic Control Unit
• Sensors
• Electric Motor
Applications Covered:
• Commercial Vehicles (CV)
• Passenger Cars (PC)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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