汽车电动助力转向 (EPS) 市场 - 增长、趋势、COVID-19 影响和预测 (2023-2028)

汽车电动助力转向市场目前价值 201.5 亿美元，预计在预测期内将达到 290 亿美元，复合年增长率为 6.26%。

在 COVID-19 大流行爆发期间，全球几个主要经济体被迫关闭，扰乱了这段时期的经济活动，扰乱了供应链并对市场产生不利影响。 所有製造设备和 OEM 工厂都已停止生产，以保持社交距离并防止病毒传播。 对乘用车的需求也直线下降。 但随着经济逐步开放，需求回升，随着消费者偏好从公共交通转向私家车，中国和印度等市场对乘用车的需求大幅增加。 预计这一趋势将在预测期内继续。

电动助力转向 (EPS) 系统是液压或电动液压等传统转向系统的替代方案。 自动驾驶汽车的日益普及推动了全球对电动助力转向系统市场的需求不断增长。 具有电子助力转向系统的车辆往往具有更轻的整体重量，从而进一步提高燃油效率。 另一方面，与传统转向系统相比，电动助力转向系统成本高昂，并且由于传感器和其他部件故障导致的车辆召回增加可能会阻碍市场增长。

电动系统的燃油效率更高，因为没有皮带驱动的液压泵或手动泵，无论是否需要帮助，它们都会一直运行。 EPS 每 100 公里可节省 0.4 升燃油，并减少高达 7 克/公里的二氧化碳排放量。

亚太地区是全球最大的汽车市场。 中国这个全球最大的汽车市场不景气，但该地区有望引领汽车电动助力转向系统 (EPS) 市场。 此外，中国、印度等地也有多家汽车零部件生产企业，正在打造全球供应链。

主要市场趋势

政府举措和对更安全的车辆系统的兴趣增加推动了市场

全世界每年有124万人死于交通事故，其中一半是行人、摩托车等交通事故造成的，另一半是因为侧面碰撞事故。 根据世界卫生组织 (WHO) 的数据，全球售出的汽车中有 80% 不符合主要安全标准。 只有 40 个国家采用了整套七项最重要的汽车安全法规。

事故数量的显着增加也鼓励最终用户采用更好的安全系统。 道路和车辆设计的改进正在稳步降低所有第一世界国家的伤害和死亡率。 然而，一些新兴国家的事故率仍然很高，政府正在加紧执行严格的安全标准并支持在车辆中采用各种子系统。

OEM 正在将先进的传感器集成到 EPS 中，以提高 EPS 的整体性能和车辆安全性。 在电动助力转向 (EPS) 中使用多个转向传感器可以为促进者提供额外的安全优势。 此外，采用严格的政府燃油经济性标准和国际安全措施被视为扩展和开发广泛使用转向传感器的先进转向系统（如 EPS）的主要驱动力。 2021 年 9 月，蒂森克虏伯将在其位于布达佩斯的新汽车研发能力中心投资 620 万欧元，以开发可与各种驾驶员辅助和自动驾驶系统协调的机电助力转向系统。。

世界上有几个国家对汽车污染和油耗制定了严格的规定。 美国国家公路交通与安全管理局 (NHTSA) 和欧洲的 ICCT（国际清洁交通委员会）等监管机构已采用车辆级要求。 这些标准规定了汽车製造商必须遵守的平均排放水平。

这些要求迫使汽车製造商加大对电动助力转向等节油转向技术的投资。 为了满足这些要求，参与者正在共同开发和合作开发先进的转向系统。

由于全球乘用车和商用车销量的增长，预计 EPS 未来的需求将继续保持旺盛。

亚太地区主导全球市场

在亚太地区，印度和日本以中国为首主导市场，预计这一趋势将在预测期内持续。

2022年4月，中国乘用车产量将达到99.6万辆，销量将达到96.5万辆。 产量同比下降41.9%，销量同比下降43.4%。 预计2022年1-4月乘用车产量也将同比下降2.6%至64.94亿辆。 这个国家的一个显着特征是大量的本地和全球参与者。 全球企业通常通过与当地公司的合资企业进入中国市场。 例如，耐世特汽车与东风汽车零部件集团达成协议，成立东风耐世特转向系统（武汉）有限公司。 新公司将生产单小齿轮辅助电动助力转向系统 (SPEPS)。

汽车电气化趋势是推动汽车转向传感器市场发展的主要因素。 因此，汽车製造商越来越多地与传感器製造商合作，以满足消费者的需求。 此外，不断下降的系统价格也推动了中国对先进传感器和半导体产品的快速采用，这将对目标市场的增长产生积极影响。 从事转向传感器供应和销售的公司期望在其他领域有显着的发展机会。 一些原始设备製造商正在与汽车製造商合作，以推出增强型产品。 例如，2021 年 7 月，中国领先的动力转向零部件和系统供应商中国汽车系统有限公司表示，其为阿尔法罗密欧开发的新转向系统已进入 OTOP（Off Tool Off Process）阶段。

在新兴国家印度，由于转向系统不需要软管和液体，可以降低维修和保养成本等优势，EPS在乘用车中的引入迅速增加。 目前，印度30%以上的乘用车都配备了EPS，预计未来大部分低价位乘用车都将配备EPS。 从事转向传感器供应和销售的公司希望广泛扩展到其他潜在市场。 一些原始设备製造商正在与汽车製造商合作以改进他们的产品。 此外，传感器项目随着技术的进步而不断升级。 例如，2022年1月，作为印度市场业务整合的一部分，采埃孚收购了与Lane Group合资的Lane TRW Steering Systems的多数股权。 新合资企业将以 ZF Rane Automotive India 的名义运营，将生产商用车电动转向系统。

考虑到这些潜在的发展和因素，预计亚太地区对汽车电动助力转向系统的需求潜力巨大。

其他好处

• Excel 格式的市场预测 (ME) 表
• 3 个月的分析师支持

内容

第一章介绍

• 调查先决条件
• 调查范围

第二章研究方法论

第 3 章执行摘要

第四章市场动态

• 市场驱动力
• 市场製约因素
• 产业吸引力 - 波特五力分析
  • 新进入者的威胁
  • 买方/消费者议价能力
  • 供应商的议价能力
  • 替代品的威胁
  • 竞争公司之间的敌对关係

第 5 章市场细分

• 类型
  • 列类型
  • 小齿轮类型
  • 双小齿轮类型
• 组件类型
  • 转向架/转向柱
  • 传感器
  • 转向电机
  • 其他零件类型
• 车辆类型
  • 乘用车
  • 商用车
• 地区
  • 北美
    • 美国
    • 加拿大
    • 其他北美地区
  • 欧洲
    • 德国
    • 英国
    • 法国
    • 意大利
    • 俄罗斯
    • 其他欧洲地区
  • 亚太地区
    • 中国
    • 日本
    • 印度
    • 韩国
    • 其他亚太地区
  • 南美洲地区
    • 巴西
    • 阿根廷
    • 其他南美洲
  • 中东和非洲
    • 南非
    • 埃及
    • 阿拉伯联合酋长国
    • 其他中东和非洲地区

第六章竞争格局

• 供应商市场份额
• 公司简介
  • Hubei Henglong Auto System Group
  • Denso Corporation
  • GKN PLC
  • Hitachi Automotive Systems Ltd
  • Hyundai Mobis Co. Ltd
  • JTEKT Corporation
  • Mitsubishi Electric Corporation
  • Nexteer Automotive
  • NSK Ltd
  • Robert Bosch GmbH
  • Thyssenkrupp Presta AG
  • ZF Friedrichshafen AG

第7章 市场机会今后动向

Automotive Electric Power Steering Market is valued at USD 20.15 billion currently, and it is expected to reach USD 29 billion with a CAGR of 6.26% over the forecast period.

During the outbreak of the COVID-19 pandemic, the market was hit adversely because of the disruption caused in the supply chain as several major economies of the world were forced into lockdown and economic activities were halted during this period. All the manufacturing units and OEM plants stopped their production to adhere to the social distancing norms and restrict the spread of the virus. The demand for passenger vehicles also fell drastically during this period. Yet with the gradual opening up of economies, the demand returned to the market, and markets like China and India witnessed huge demand for passenger cars as the consumer preference changed from public transport to personal vehicles. The trend is expected to continue during the forecast period.

Electric power steering (EPS) system is an alternative to traditional steering systems, such as hydraulic and electro-hydraulic systems. The rising popularity of self-driving vehicles is fueling the demand growth in the electric power steering system market across the world. Vehicles that are equipped with electric power steering tend to have a reduced overall weight, which further increases fuel efficiency. On the contrary, when compared to the conventional steering systems, the electric power steering systems are costly, and a rise in vehicle recalls, owing to malfunctioning of sensors or other components, may hinder the growth of the market.

Electric systems are highly fuel-efficient, due to the absence of belt-driven hydraulic or manual pumps, which run constantly, whether assistance is required or not. EPS provides fuel savings as high as 0.4 l for every 100 km, along with a reduction in CO2 emissions of up to 7 g/km.

The Asia-Pacific region is the largest market for automobiles in the world. Despite the Chinese market experiencing sluggish growth, which is the largest automobile market in the world, the region is expected to lead in the automotive electric power steering (EPS) market. In addition, region is flourished with widely spread automotive suppliers in China, India etc. which are amintaing global supply chain capabilities.

Key Market Trends

Government Initiatives and Growing Emphasis on Safer Automotive Systems are Driving the Market

On an average, globally, about 1.24 million people die in road accidents each year, half of whom are vulnerable road users, such as pedestrians and motorcyclists, while the other half die because of side-impact accidents. According to the World Health Organization (WHO), 80% of cars sold in the world are not compliant with the main safety standards. Only 40 countries have adopted the full set of the seven most important regulations for car safety.

A significant increase in the number of accidents has also encouraged end users to adopt better safety systems. Improvements in roadway and motor vehicle designs have steadily reduced injury and death rates in all the first world countries. However, the accident rates are still higher in some developing countries, and governments are focusing on implementing stringent safety norms and supporting the adoption of various subsystems in the vehicles.

OEM are integrating advance sensor in the EPS in order to improve its overall performance and safety of the vehicle. The use of several steering sensors in electric power steering (EPS) helps to provide the driver with extra safety benefits. Furthermore, the adoption of stringent fuel efficiency standards by government and international safety measures, are seen as major drivers for the expansion and development of advanced steering systems (such as EPS), which make extensive use of steering sensors. In September 2021, thyssenkrupp has invested EUR 6.2 million into a new automotive R&D Competence Center in Budapest to develop electromechanical power steering systems that can co-operate with a variety of driver assistance and self-driving systems.

Several countries throughout the world have enacted strict vehicle pollution and fuel economy rules. Fleet-level requirements have been adopted by regulatory authorities such as the National Highway Traffic and Safety Administration (NHTSA) in United States, the International Council on Clean Transportation (ICCT) in Europe, and other organizations. These standards establish an average emission level that car makers must adhere to.

These requirements have forced automakers to invest more in fuel-efficient steering technology like electric power steering. To cater these requirements, players are collaborating and co-developing advanced steering systems. For instance, In March 2022, Thyssenkrupp and NSK Ltd. (NSK) agreed to explore a joint venture between Thyssenkrupp Automotive and NSK's steering division. The MoU calls for a technological and strategic alignment between ThyssenKrupp's automotive business with NSK's steering division.

Considering these developments and prominent factors demand for EPS is anticpated to hold high potential during the forecast period woing rising sales of passenger and commercial vehicles across the globe.

Asia-Pacific Dominated the Global Market

Asia-Pacific dominates the market, and it is expected to witness the same trend over the forecast period, with China dominating the market, followed by India and Japan.

In April 2022, Chinese passenger car production reached 996,000 units with sales registering 965,000 units. This accounts the downfall of 41.9% and 43.4% respectively in production and sales compared to the previous year. In 2022, from January to April, passenger car production also decreased with 2.6% year-on-year registering 6,494 million units. The country is characterized by the presence of a large number of local and global players. Global players generally enter the Chinese market through joint ventures with regional companies. For instance, Nexteer Automotive entered an agreement with Dongfeng Motor Parts and Components Group to create Dongfeng Nexteer Steering Systems (Wuhan) Co. Ltd. This new company will deal with the production of single-pinion assist electric power steering (SPEPS) systems.

The growing trend of vehicle electrification is a significant factor driving the automotive steering sensors market. As a result, automotive manufacturers are increasingly collaborating with sensor manufacturers to suit the needs of their consumers. Additionally, lower system prices have also aided in the rapid adoption of modern sensors and semiconductor products in China which will positively impact the target market growth. Companies operating in the supply and distribution of steering sensors are looking forward to their mass expansion in other opportunity regions. Several OEMs are partnering with carmakers to bring enhanced products. For instance, In July 2021, China Automotive Systems, Inc., a major provider of power steering components and systems in China, stated that it has reached the OTOP (Off Tool Off Process) phase of new steering development for Alfa Romeo.

India is an emerging economy where EPS implementation in passenger cars is growing rapidly, owing to its advantages, such as no hoses or fluids required in the steering system, thereby, reducing the repair and maintenance costs. Currently, more than 30% of the passenger cars are running with EPS technology in India, and the technology is likely to be implemented in the majority of the budget passenger cars during the forecast period. Companies involved in the supply and distribution of steering sensors are looking forward to widespread expansion in other potential markets. Several OEMs are collaborating with automakers to improve their goods. Sensor items have also been continually upgraded as technology has advanced. For instance, In January 2022, as a part of the consolidation of its operations in the Indian market, ZF acquired a majority stake in the Rane TRW Steering Systems joint venture with the Rane Group. The new joint venture will operate under the name of ZF Rane Automotive India and produces electric steering systems for commercial vehicles.

Considering these potential development and factors, demand for automotive electric power steering is anticpated to hold high potential in the Asia-Pacific region.

Competitive Landscape

The automotive electric power steering market is consolidated, with approximately more than half of the market share held by few companies, such as JTEKT Corporation, ZF Friedrichshafen AG, NSK Ltd, Mitsubishi Electric Corporation, and Nexteer Automotive.

The companies are focusing on diversifying their product line and customers, by launching new EPS systems with upgraded technology. For instance,

• In Septmber 2022, The Tottori Plant received a capital investment worth JPY 500 million from NOK Corporation . Under the investment, over the span of three years, the company will look forward to increase the manufacturing of its anti-vibration and soundproofing devices utilised around electric power steering (EPS), brakes, and gears of electric vehicles.
• In August 2021, Nexteer Automotive announced the expansion of its pinion electric steering (EPS) systems to meet the needs of heavier electric vehicles. The new high-output solutions benefit OEM customers to steer heavier electric vehicle loads without the need for treditional premium EPS technologies for heavy load vehicles.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

• 4.1 Market Drivers
• 4.2 Market Restraints
• 4.3 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.3.1 Threat of New Entrants
  • 4.3.2 Bargaining Power of Buyers/Consumers
  • 4.3.3 Bargaining Power of Suppliers
  • 4.3.4 Threat of Substitute Products
  • 4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

• 5.1 Type
  • 5.1.1 Column Type
  • 5.1.2 Pinion Type
  • 5.1.3 Dual Pinion Type
• 5.2 Component Type
  • 5.2.1 Steering Rack/Column
  • 5.2.2 Sensor
  • 5.2.3 Steering Motor
  • 5.2.4 Other Component Types
• 5.3 Vehicle Type
  • 5.3.1 Passenger Cars
  • 5.3.2 Commercial Vehicles
• 5.4 Geography
  • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Rest of North America
  • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Russia
    • 5.4.2.6 Rest of Europe
  • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 South Korea
    • 5.4.3.5 Rest of Asia-Pacific
  • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
  • 5.4.5 Middle-East and Africa
    • 5.4.5.1 South Africa
    • 5.4.5.2 Egypt
    • 5.4.5.3 United Arab Emirates
    • 5.4.5.4 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Vendor Market Share
• 6.2 Company Profiles*
  • 6.2.1 Hubei Henglong Auto System Group
  • 6.2.2 Denso Corporation
  • 6.2.3 GKN PLC
  • 6.2.4 Hitachi Automotive Systems Ltd
  • 6.2.5 Hyundai Mobis Co. Ltd
  • 6.2.6 JTEKT Corporation
  • 6.2.7 Mitsubishi Electric Corporation
  • 6.2.8 Nexteer Automotive
  • 6.2.9 NSK Ltd
  • 6.2.10 Robert Bosch GmbH
  • 6.2.11 Thyssenkrupp Presta AG
  • 6.2.12 ZF Friedrichshafen AG

7 MARKET OPPORTUNITIES AND FUTURE TRENDS