Vietnam Electric Power Steering Market is
expected to grow at a robust CAGR over the next five years. The major factors
contributing in the growth of the market are growing demand improved safety,
comfort and environment performance of vehicles. Based on type, the market is
segmented into C-EPS, P-EPS and R-EPS. Rack EPS is projected to be the fastest
growing segment of the market due to increasing installation rate of electric
power steering in commercial vehicles since R-EPS is mostly used in heavy
commercial vehicles. Moreover, measures by manufacturers to reduce complexity &
weight of vehicles and growing advancements in technologies further boost the
demand for electric power steering market in Vietnam.
Some of the leading players in the Vietnam
Electric Power Steering market are Nexteer, Robert Bosch, Hyundai Mobis, Delphi,
Mitsubishi Electric, Showa Corporation, ZF, JteKT, GKN, Federal Mogul etc.
Objective of the Study:
- To analyse and forecast the market size of Electric Power Steering,
in terms of value and volume.
- To classify and forecast Vietnam Electric Power Steering based on type,
vehicle type, component, mechanism and regional distribution.
- To identify drivers and challenges for Vietnam Electric Power
Steering.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Vietnam Electric Power
Steering.
- To conduct the pricing analysis for Electric Power Steering.
- To identify and analyse the profile of leading players involved in
the manufacturing of Vietnam Electric Power Steering.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across Vietnam. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analysed the service offerings, distribution channels and presence of all
major collaboration manufacturers across Vietnam.
TechSci
Research calculated the market size of Vietnam Electric Power Steering using a
bottom-up approach, where data for various end user industries and its
application across various product types were recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analysing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
website, news articles, press releases, company annual reports, investor
presentations and financial reports were also used by TechSci Research.
Key Target
Audience:
- Electric Power Steering manufacturers
- Automobile manufacturers
- Raw material suppliers
- Electric power steering
design companies
- Distributors and traders
- Research organizations and
consulting companies.
- Research Institutes
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as collaboration
service providers and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in
Units and CAGR for 2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, volume forecast,
company share, competitive landscape, growth factors, and trends
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Segments covered
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·
Type
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Component
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Vehicle Type
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Mechanism
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Regional scope
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Central Region, Northern Region, Southern
Region
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Key companies profiled
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Nexteer, Robert Bosch, Hyundai Mobis,
Delphi, Mitsubishi Electric, Showa Corporation, ZF, JteKT, GKN, Federal Mogul.
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Customization scope
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10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to
meet your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
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Report Scope:
In this report, Vietnam Electric Power Steering market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Market, By Type:
- Market, By Component:
- Steering Column
- Steering Wheel
- Sensors
- Electronic Control Unit
- Electric Motor
- Bearings Wheat
- Market, By Vehicle Type:
- Passenger Car
- Medium & Heavy Commercial Vehicles
- Light Commercial Vehicles
- Off-the-Road Vehicles
- Market, By Mechanism:
- Collapsible EPS
- Rigid EPS
- Market, by Region:
- North-Vietnam
- South-Vietnam
- Central-Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Vietnam Electric Power Steering Market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.
It is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]