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Global Automotive Electro-hydraulic Power Steering System Market 2019-2023

Global Automotive Electro-hydraulic Power Steering System Market 2019-2023

About this market

The development of steer-by-wire systems is expected to drive growth in the market. Steer-by-wire is the most advanced steering system that uses a series of sensors to monitor steering inputs of the driver and transmits the information electronically to the vehicle’s steering gears. Technavio’s analysts have predicted that the automotive electro-hydraulic power steering system market will register a CAGR of more than 11% by 2023.

Market Overview

Increasing penetration of 48V electrical architecture in automobiles

The rising penetration of 48V electrical architecture in modern vehicles is expected to drive the adoption of automotive EHPS system during the forecast period.

Growth of autonomous vehicles without steering wheels

Autonomous vehicles form a major milestone, in terms of technological superiority, for automotive manufacturers. Thus, a majority of the vehicle manufacturers are contributing a sizable amount of resources for developing advanced driver assist systems to fuel the development of autonomous vehicles.

For the detailed list of factors that will drive and challenge the growth of the automotive electro-hydraulic power steering system market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Nexteer Automotive, and ZF Friedrichshafen the competitive environment is quite intense. Factors such as the increasing penetration of 48V electrical architecture in automobiles, will provide considerable growth opportunities to aircraft towbars manufactures. Bosch, Continental, JTEKT, Nexteer Automotive, and ZF Friedrichshafen are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global automotive steering system market
      • Table Segments of global automotive steering system market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (million units)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Commercial vehicles - Market size and forecast 2018-2023
      • Table Commercial vehicles - Market size and forecast 2018-2023 (million units)
      • Table Commercial vehicles - Year-over-year growth 2019-2023 (%)
    • Passenger cars - Market size and forecast 2018-2023
      • Table Passenger cars - Market size and forecast 2018-2023 (million units)
      • Table Passenger cars - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer Landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 (million units)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 (million units)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (million units)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Development of steer-by-wire systems
    • Advent of independent wheel steering system
    • Development of an all-electric power steering system for trucks and buses
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bosch
      • Table Bosch - Vendor overview
      • Table Bosch - Business segments
      • Table Bosch - Organizational developments
      • Table Bosch - Geographic focus
      • Table Bosch - Segment focus
      • Table Bosch - Key offerings
    • Continental
      • Table Continental - Vendor overview
      • Table Continental - Business segments
      • Table Continental - Organizational developments
      • Table Continental - Geographic focus
      • Table Continental - Segment focus
      • Table Continental - Key offerings
    • JTEKT
      • Table JTEKT - Vendor overview
      • Table JTEKT - Business segments
      • Table JTEKT - Organizational developments
      • Table JTEKT - Geographic focus
      • Table JTEKT - Segment focus
      • Table JTEKT - Key offerings
    • Nexteer Automotive
      • Table Nexteer Automotive - Vendor overview
      • Table Nexteer Automotive - Product segments
      • Table Nexteer Automotive - Organizational developments
      • Table Nexteer Automotive - Geographic focus
      • Table Nexteer Automotive - Segment focus
      • Table Nexteer Automotive - Key offerings
    • ZF Friedrichshafen
      • Table ZF Friedrichshafen - Vendor overview
      • Table ZF Friedrichshafen - Business segments
      • Table ZF Friedrichshafen - Organizational developments
      • Table ZF Friedrichshafen - Geographic focus
      • Table ZF Friedrichshafen - Segment focus
      • Table ZF Friedrichshafen - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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