Asia Pacific Electric Power Steering (EPS) Sensor Market Size, Share & Industry Trends Analysis Report By Vehicle Type (Passenger Vehicle and Commercial Vehicle), By Distribution Channel (OEM and Aftermarket), By Type, By Country and Growth Forecast, 2022 - 2028

The Asia Pacific Electric Power Steering (EPS) Sensor Market would witness market growth of 7.6% CAGR during the forecast period (2022-2028).

The use of EPS requires reliability throughout a commercial vehicle's life, and it must be more durable to prevent breakdowns or other safety-related issues. In comparison to some commercial vehicles, which are expected to travel more than 400,000 km in just three years, a regular passenger automobile may only travel 160,000 km in its lifespan. Additionally, a commercial vehicle's operating environment is more likely to be noisy and vibratory, which increases the demands on the performance and dependability an EPS system must meet.

Commercial and off-road industrial vehicles demand a higher power assist due to the heavier steering loads they present. EPS units installed on steering columns typically generate a force of around 5 kN. This can be increased to between 5 kN and 12 kN by moving the EPS closer to the wheels to drive the pinion shaft or steering rack, although doing so will make the EPS more susceptible to vibration and greater temperatures.

The Indian economy is expanding, and middle-class consumers' disposable incomes are rising along with it. This then has a beneficial effect on the increased demand for automobiles. Due to the nation's low production costs, automobile production has increased significantly during the previous five years. The market for electric power steering components is also expanding as a result of the increase in vehicle manufacturing. To encourage the sale of automobiles, the Indian government also changed the tax rates on gasoline, diesel, and hybrid vehicles in its 2018 budget.

The China market dominated the Asia Pacific Electric Power Steering (EPS) Sensor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,299.1 Million by 2028.The Japan market is estimated to grow a CAGR of 6.9% during (2022 - 2028). Additionally, The India market would display a CAGR of 8.2% during (2022 - 2028).

Based on Vehicle Type, the market is segmented into Passenger Vehicle and Commercial Vehicle. Based on Distribution Channel, the market is segmented into OEM and Aftermarket. Based on Type, the market is segmented into Steering Wheel Position Sensor, Steering Torque Sensor and Speed Sensor. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Electric Power Steering (EPS) Sensor Market is Projected to reach USD 21.6 Billion by 2028, at a CAGR of 7.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Continental AG, Robert Bosch GmbH, NXP Semiconductors N.V., Infineon Technologies AG, TT electronics Plc, Denso Corporation, HELLA GmbH & Co. KGaA, Valeo SA, Sensata Technologies Holdings PLC, and Methode Electronics Inc.

Scope of the Study

Market Segments Covered in the Report:

By Vehicle Type

• Passenger Vehicle
• Commercial Vehicle

By Distribution Channel

• OEM
• Aftermarket

By Type

• Steering Wheel Position Sensor
• Steering Torque Sensor
• Speed Sensor

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Continental AG
• Robert Bosch GmbH
• NXP Semiconductors N.V.
• Infineon Technologies AG
• TT electronics Plc
• Denso Corporation
• HELLA GmbH & Co. KGaA
• Valeo SA
• Sensata Technologies Holdings PLC
• Methode Electronics Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electric Power Steering (EPS) Sensor Market, by Vehicle Type
1.4.2 Asia Pacific Electric Power Steering (EPS) Sensor Market, by Distribution Channel
1.4.3 Asia Pacific Electric Power Steering (EPS) Sensor Market, by Type
1.4.4 Asia Pacific Electric Power Steering (EPS) Sensor Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Electric Power Steering (EPS) Sensor Market by Vehicle Type
3.1 Asia Pacific Passenger Vehicle Market by Country
3.2 Asia Pacific Commercial Vehicle Market by Country

Chapter 4. Asia Pacific Electric Power Steering (EPS) Sensor Market by Distribution Channel
4.1 Asia Pacific OEM Market by Country
4.2 Asia Pacific Aftermarket Market by Country

Chapter 5. Asia Pacific Electric Power Steering (EPS) Sensor Market by Type
5.1 Asia Pacific Steering Wheel Position Sensor Market by Country
5.2 Asia Pacific Steering Torque Sensor Market by Country
5.3 Asia Pacific Speed Sensor Market by Country

Chapter 6. Asia Pacific Electric Power Steering (EPS) Sensor Market by Country
6.1 China Electric Power Steering (EPS) Sensor Market
6.1.1 China Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.1.2 China Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.1.3 China Electric Power Steering (EPS) Sensor Market by Type
6.2 Japan Electric Power Steering (EPS) Sensor Market
6.2.1 Japan Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.2.2 Japan Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.2.3 Japan Electric Power Steering (EPS) Sensor Market by Type
6.3 India Electric Power Steering (EPS) Sensor Market
6.3.1 India Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.3.2 India Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.3.3 India Electric Power Steering (EPS) Sensor Market by Type
6.4 South Korea Electric Power Steering (EPS) Sensor Market
6.4.1 South Korea Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.4.2 South Korea Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.4.3 South Korea Electric Power Steering (EPS) Sensor Market by Type
6.5 Singapore Electric Power Steering (EPS) Sensor Market
6.5.1 Singapore Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.5.2 Singapore Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.5.3 Singapore Electric Power Steering (EPS) Sensor Market by Type
6.6 Malaysia Electric Power Steering (EPS) Sensor Market
6.6.1 Malaysia Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.6.2 Malaysia Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.6.3 Malaysia Electric Power Steering (EPS) Sensor Market by Type
6.7 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market
6.7.1 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.7.2 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.7.3 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market by Type

Chapter 7. Company Profiles
7.1 Continental AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 Robert Bosch GmbH (BSH Home Appliances Corporation)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 NXP Semiconductors N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.6 SWOT Analysis
7.4 Infineon Technologies AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 TT Electronics PLC
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Geographical Expansions:
7.6 Denso Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 HELLA GmbH & Co. KGaA
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.8 Valeo SA
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.9 Sensata Technologies Holdings PLC
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.10. Methode Electronics Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses

TABLE 1 Asia Pacific Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Passenger Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Passenger Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Commercial Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Commercial Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 11 Asia Pacific OEM Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific OEM Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Steering Wheel Position Sensor Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Steering Wheel Position Sensor Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Steering Torque Sensor Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Steering Torque Sensor Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Speed Sensor Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Speed Sensor Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Electric Power Steering (EPS) Sensor Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Electric Power Steering (EPS) Sensor Market by Country, 2022 - 2028, USD Million
TABLE 25 China Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 26 China Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 27 China Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 28 China Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 29 China Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 30 China Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 31 China Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 32 China Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 33 Japan Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 34 Japan Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 35 Japan Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 36 Japan Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 37 Japan Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 Japan Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 Japan Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 40 Japan Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 41 India Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 42 India Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 43 India Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 44 India Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 45 India Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 India Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 India Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 48 India Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 49 South Korea Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 50 South Korea Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 51 South Korea Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 52 South Korea Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 53 South Korea Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 South Korea Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 South Korea Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 56 South Korea Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 57 Singapore Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 58 Singapore Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 59 Singapore Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 60 Singapore Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 61 Singapore Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Singapore Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Singapore Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 64 Singapore Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 65 Malaysia Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 66 Malaysia Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 67 Malaysia Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 68 Malaysia Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 69 Malaysia Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Malaysia Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Malaysia Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 72 Malaysia Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 73 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 74 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 75 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 76 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 81 Key Information – Continental AG
TABLE 82 key information – Robert Bosch GmbH
TABLE 83 Key Information – NXP Semiconductors N.V.
TABLE 84 Key Information – Infineon Technologies AG
TABLE 85 Key Information – TT Electronics PLC
TABLE 86 key information – Denso Corporation
TABLE 87 key information – HELLA GmbH & Co. KGaA
TABLE 88 key information – Valeo SA
TABLE 89 Key Information – Sensata Technologies Holdings PLC
TABLE 90 Key Information – Methode Electronics Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Continental AG
FIG 3 Swot analysis: Robert bosch gmbh
FIG 4 Swot analysis: NXP semiconductors N.V.
FIG 5 Swot analysis: INFINEON TECHNOLOGIES AG