Electronic Power Steering Market
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Report Description<br />
of sophisticated and robust steering mechanism is estimated to fuel up the global<br />
electronic steering market. Moreover, increasing competition to develop electric, selfdriven<br />
or auto-pilot enabled vehicles is expected to boost the global market of power<br />
steering. Whereas, unavailability of cent percent reliable steering system and failure of<br />
electronics of steering are major restraints to global electronic power steering market.<br />
Unlike conventional steering which have constant direct connection of links,<br />
development of electronic power steering with no direct contact of links is expected to<br />
trend in the forecast market.<br />
Global <strong>Electronic</strong> <strong>Power</strong> <strong>Steering</strong> <strong>Market</strong>: Segmentation<br />
The global electronic power steering (EPS) or electric power assisted steering (EPAS)<br />
market can be segmented into various categories on the basis of its type and application<br />
vehicle. On the basis of EPS type, it can be segmented as column assisted electronic<br />
power steering(C-EPS), pinion assisted electronic power steering (P-EPS), rack assisted<br />
power steering system (R-EPS), electronic hydraulic power steering (EHPS).<br />
On the basis of type of vehicle application, the global electronic power steering can be<br />
segmented as light motor vehicles (LMV), passenger cars, heavy motor vehicles (HMV),<br />
agricultural tractors, and special utility vehicles (cranes, sports cars, earth moving,<br />
military vehicles, etc.).<br />
The application of electronic power steering in passenger cars and LMV are expected to<br />
remain dominating due to wide production in this categories. Whereas, application in
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