The Europe Electric Power Steering (EPS) Sensor Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
Customizable power, low gas consumption, energy efficiency, and environmental compatibility are just a few benefits of EPS. The goal of numerous countries throughout the world is to lessen pollution and reliance on oil. For instance, the National Electric Mobility Mission Plan (NEMMP) and the Automotive Mission Plan were created in India to reduce oil dependence and pollution.
With the development of technology, the market for Electric Power Steering (EPS) sensors is further aided in its tendencies. Vehicles are becoming safer than before due to the addition of safety technologies that help EPS, like traction control and vehicle stability control. Additionally, increasing stability at high speeds by changing the steering turn following speed. Many nations are searching for ways to lower accident fatalities, and choices like EPS precisely meet the demand.
Germany is renowned around the world for its strong automotive industry and engineering skill. Numerous automakers in this area are actively investing in the implementation of innovations like the automotive keyless entry system. German cars are a prime example of highly coveted qualities including innovation, dependability, safety, and design. This is the main justification for why local automakers are prepared to include a keyless entry technology in every vehicle.
The Germany market dominated the Europe 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 $1,414.8 Million by 2028.The UK market is anticipated to grow a CAGR of 5.6% during (2022 - 2028). Additionally, The France market would experience a CAGR of 7.3% 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 Germany, UK, France, Russia, Norway, Netherlands, and Rest of Europe.
Free Valuable Insights: The Global Electric Power Steering (EPS) Sensor Market will Hit $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
By Type
- Steering Wheel Position Sensor
- Steering Torque Sensor
- Speed Sensor
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Electric Power Steering (EPS) Sensor Market, by Vehicle Type
1.4.2 Europe Electric Power Steering (EPS) Sensor Market, by Distribution Channel
1.4.3 Europe Electric Power Steering (EPS) Sensor Market, by Type
1.4.4 Europe 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. Europe Electric Power Steering (EPS) Sensor Market by Vehicle Type
3.1 Europe Passenger Vehicle Market by Country
3.2 Europe Commercial Vehicle Market by Country
Chapter 4. Europe Electric Power Steering (EPS) Sensor Market by Distribution Channel
4.1 Europe OEM Market by Country
4.2 Europe Aftermarket Market by Country
Chapter 5. Europe Electric Power Steering (EPS) Sensor Market by Type
5.1 Europe Steering Wheel Position Sensor Market by Country
5.2 Europe Steering Torque Sensor Market by Country
5.3 Europe Speed Sensor Market by Country
Chapter 6. Europe Electric Power Steering (EPS) Sensor Market by Country
6.1 Germany Electric Power Steering (EPS) Sensor Market
6.1.1 Germany Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.1.2 Germany Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.1.3 Germany Electric Power Steering (EPS) Sensor Market by Type
6.2 UK Electric Power Steering (EPS) Sensor Market
6.2.1 UK Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.2.2 UK Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.2.3 UK Electric Power Steering (EPS) Sensor Market by Type
6.3 France Electric Power Steering (EPS) Sensor Market
6.3.1 France Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.3.2 France Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.3.3 France Electric Power Steering (EPS) Sensor Market by Type
6.4 Russia Electric Power Steering (EPS) Sensor Market
6.4.1 Russia Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.4.2 Russia Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.4.3 Russia Electric Power Steering (EPS) Sensor Market by Type
6.5 Spain Electric Power Steering (EPS) Sensor Market
6.5.1 Spain Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.5.2 Spain Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.5.3 Spain Electric Power Steering (EPS) Sensor Market by Type
6.6 Italy Electric Power Steering (EPS) Sensor Market
6.6.1 Italy Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.6.2 Italy Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.6.3 Italy Electric Power Steering (EPS) Sensor Market by Type
6.7 Rest of Europe Electric Power Steering (EPS) Sensor Market
6.7.1 Rest of Europe Electric Power Steering (EPS) Sensor Market by Vehicle Type
6.7.2 Rest of Europe Electric Power Steering (EPS) Sensor Market by Distribution Channel
6.7.3 Rest of Europe 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 Europe Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 2 Europe Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 3 Europe Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 4 Europe Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 5 Europe Passenger Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Passenger Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Commercial Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Commercial Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 10 Europe Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 11 Europe OEM Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe OEM Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 16 Europe Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 17 Europe Steering Wheel Position Sensor Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Steering Wheel Position Sensor Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Steering Torque Sensor Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Steering Torque Sensor Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Speed Sensor Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Speed Sensor Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Electric Power Steering (EPS) Sensor Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Electric Power Steering (EPS) Sensor Market by Country, 2022 - 2028, USD Million
TABLE 25 Germany Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 26 Germany Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 27 Germany Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 28 Germany Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 29 Germany Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 30 Germany Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 31 Germany Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 32 Germany Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 33 UK Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 34 UK Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 35 UK Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 36 UK Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 37 UK Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 UK Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 UK Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 40 UK Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 41 France Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 42 France Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 43 France Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 44 France Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 45 France Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 France Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 France Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 48 France Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 49 Russia Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 50 Russia Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 51 Russia Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 52 Russia Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 53 Russia Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 Russia Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Russia Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 56 Russia Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 57 Spain Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 58 Spain Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 59 Spain Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 60 Spain Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 61 Spain Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Spain Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Spain Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 64 Spain Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 65 Italy Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 66 Italy Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 67 Italy Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 68 Italy Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 69 Italy Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Italy Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Italy Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 72 Italy Electric Power Steering (EPS) Sensor Market by Type, 2022 - 2028, USD Million
TABLE 73 Rest of Europe Electric Power Steering (EPS) Sensor Market, 2018 - 2021, USD Million
TABLE 74 Rest of Europe Electric Power Steering (EPS) Sensor Market, 2022 - 2028, USD Million
TABLE 75 Rest of Europe Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 76 Rest of Europe Electric Power Steering (EPS) Sensor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Electric Power Steering (EPS) Sensor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Electric Power Steering (EPS) Sensor Market by Type, 2018 - 2021, USD Million
TABLE 80 Rest of Europe 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