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Opportunities Mushroom as Industry Transforming EPS Technology Paves the Way for Self-steering Vehicles
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Consumer demand for enhanced fuel economy, improved safety, and comfort has forced original equipment manufacturers (OEMs) to migrate from traditional Hydraulic Power Steering and Electro-Hydraulic Power Steering to Electric Power Steering (EPS). Over the last 2-3 years, the automotive industry in North America has earmarked EPS as one of the stepping stones for realizing semi-autonomous and fully autonomous driving in the future. This report analyses the EPS market in North America with an emphasis on OEM and tier 1 supplier partnerships. The report also looks at key trends affecting the steering market, while providing supplier analysis and capabilities.
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