The electric power steering (EPS) market focuses on the production, sale, and distribution of electric-powered steering systems for automobiles. EPS technology has replaced traditional hydraulic power steering systems with an electrical motor, which helps the driver steer the vehicle easily. EPS components and systems are used in passenger cars, trucks, buses, and other vehicles that use electrical power steering.

Global Automotive Adhesives and Sealants Market SIZE and SHARE ANALYSIS - GROWTH TRENDS and FORECASTS UP TO 2028

欧洲汽车产业集体裁员，5万人面临失业

我国汽车产业碳排放管理体系探讨

10月，在马来西亚，Perodua继续巩固其市场地位，而Proton和Toyota表现有所下滑;在新加坡市场整体增长迅速，比亚迪的份额大幅上升，甚至 成为年度销量第二品牌。印尼市场延续下降趋势，但部分品牌表现出强劲的抗跌能力; 越南市场则在政策支持下强势反弹，部分车型销量翻倍。 2024年10月乘用车市场回顾和未来展望 销量同环比均明显上升。 10月份乘用车市场销量276万辆，同比上升10.8%，环比上升8.9%。以旧换新政策效果加速显现，终端购车热情持续高涨，车市“银九金十"效果显 著。以旧换新政策支持加码以来，报废更新补贴申请持续快速增长，截止11月18日，全国汽车报废更新和置换更新补贴申请均突破200万份。9月 底全国各省市均已发布地方置换补贴，叠加国庆期间多地车展，促销折扣依然保持高位，10月终端购车热情高涨。2024年1-10月乘用车累计销量2, 145万辆，同比去年上升4.0%。

Magnet Market Research Report Information by Type (Ferrite, Neodymium Iron Boron, Aluminium Nickel Cobalt, Aluminium Nickel Cobalt) By End Use (Electronics, Automotive, Medical, Energy, Industrial, and others) and By Region -Global

The global truck axle market is a part of the global automotive parts and equipment market. The global automotive parts and equipment market was valued at $3,246.34 billion in 2021 and reached $3,407.01 billion in 2023. The global automotive parts and equipment market witnessed an incremental growth of $160.7 billion and registered a CAGR of 2.4% from 2021 to 2023.

The global hybrid and electric car market is highly concentrated, with a few manufacturers offering a limited number of models relative to market size. Competition is segmented into standard non-plug-in hybrids (HEVs), plug-in hybrids (PHEVs), extended-range electric vehicles (EVs), and battery all-electric vehicles (BEVs), each further divided by size (sub-compact, compact, mid-size, full-size, SUVs). Price and features like range capacity and battery efficiency heavily influence competitive strategies, making supply chain management crucial. Each player targets different segments with models tailored to varying price points and features, resulting in distinct competitive advantages. The Global market is largely dominated by Tesla, BYD, Toyota, Hyundai Motor, Volkswagen, and Bayerische Motoren Werke (BMW).

The global composite materials market has been steadily expanding, driven by rising demand from a variety of end-use industries, including automotive, aircraft, construction, and renewable energy. Rising demand for lightweight and high-performance materials, rapid industrialization, urbanization, and increased investment are the other key factors driving the market. Composite manufacturers face intense rivalry because the industry is defined by the presence of multiple international companies. The market is moderately fragmented, as several firms compete for market share. Toray, Owens Corning, CNBM, Syensqo, and Materion are some of the market's major players. These companies are always investing in R&D to innovate and diversify their product offerings.

The global automotive manufacturing industry is dominated by large, multinational manufacturers including Toyota, Volkswagen, Hyundai, and General Motors. The leading players in this industry are tapping into the growing demand for hybrid & electric vehicles, while alliances within the industry are a common strategy. The automotive industry is continually facing new challenges, with globalization, individualization, digitalization, and increasing competition putting pressure on the industry. Moreover, companies are facing more stringent regulations in terms of their safety and environmental commitments. The competition in Electric Vehicles (EVs) and automated driving is growing more intense, yet it is conceivable that these technologies might be considered commonplace in 5 or 10 years. Beyond contending with their conventional rivals, these companies must also be adaptable to the emergence of startups and unconventional players in the automotive sector, including ride-sharing services.