Global Redundant EPS System Market Growth 2025-2031

The global Redundant EPS System market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Redundant EPS system is an electric power steering system that adopts a redundant sensor solution, and is mainly composed of mechanical system components, torque angle sensor assembly (TAS) and an electronic control unit.

United States market for Redundant EPS System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Redundant EPS System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Redundant EPS System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Redundant EPS System players cover JTEKT, Bosch, Nexteer Automotive, ZF, NSK, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Redundant EPS System Industry Forecast” looks at past sales and reviews total world Redundant EPS System sales in 2024, providing a comprehensive analysis by region and market sector of projected Redundant EPS System sales for 2025 through 2031. With Redundant EPS System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Redundant EPS System industry.

This Insight Report provides a comprehensive analysis of the global Redundant EPS System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Redundant EPS System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Redundant EPS System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Redundant EPS System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Redundant EPS System.

This report presents a comprehensive overview, market shares, and growth opportunities of Redundant EPS System market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
C-EPS
P-EPS
R-EPS
DP-EPS

Segmentation by Application:
Passenger Vehicle
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
JTEKT
Bosch
Nexteer Automotive
ZF
NSK
Hitachi Astemo (Showa)
Thyssenkrupp
Mando
Ultraflex S.p.A.
Zhuzhou Elite
YUBEI Steering System
TRIVONA

Key Questions Addressed in this Report

What is the 10-year outlook for the global Redundant EPS System market?

What factors are driving Redundant EPS System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Redundant EPS System market opportunities vary by end market size?

How does Redundant EPS System break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.