Global Electric Power Steering (EPS) Market 2015-2019 - China, Brazil & India Set to Become Prominent Automotive Markets

Dublin, Nov. 30, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/32dppt/global_electric) has announced the addition of the "Global Electric Power Steering (EPS) Market 2015-2019" report to their offering.

Emerging economies such as China, Brazil and India are poised to become prominent automotive markets globally in the coming years. They are experiencing rapid expansion and growth in terms of economy and infrastructure. The report predicts this to have a significant influence on the demand for vehicles fitted with EPS systems.

According to the report, the growth of the market is attributed to the increase in demand for passenger cars fitted with EPS systems. Countries worldwide are implementing stringent regulations to reduce/control vehicle emission levels. The fuel economy of EPS-fitted cars is higher than that of hydraulic steering-fitted cars.

The market is forecasted to grow at a CAGR of 8.63% over the period 2014-2019.

Further, the report states that the main constraint on the market is that vendors have to grapple with the rising cost of raw materials. This adds to their production costs, but vendors or manufacturers are unable to pass this extra cost on to customers because of the intensely competitive nature of the market. This negatively affects their profit margins.

Key Questions Answered in this Report:

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Technology

08. Geographical Segmentation

09. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape

17. Key Vendor Analysis

18. Other Reports in this Series

Companies Mentioned:

• JTEKT Corp.
• Mitsubishi Electric Corp.
• Nexteer Automotive
• NSK Limited
• TRW Automotive
• Bosch Corporation
• China Automotive Systems Inc.
• Continental AG
• Delphi Automotive
• Federal-Mogul Corp.
• Mando Corp.
• Showa Corpms
  

For more information visit http://www.researchandmarkets.com/research/32dppt/global_electric

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