| Product Code: ETC5894437 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of electric power steering in El Salvador saw a significant shift in concentration levels in 2024, moving from moderate to high concentration. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 2.2%. Key exporting countries to El Salvador in 2024 include China, USA, Japan, Germany, and India, indicating a diverse source of imports for this essential automotive component. This data highlights the dynamic nature of the electric power steering market in El Salvador and the importance of monitoring trends in the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Electric Power Steering Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Electric Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Electric Power Steering Market - Industry Life Cycle |
3.4 El Salvador Electric Power Steering Market - Porter's Five Forces |
3.5 El Salvador Electric Power Steering Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Electric Power Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.7 El Salvador Electric Power Steering Market Revenues & Volume Share, By Off-Highway, 2021 & 2031F |
3.8 El Salvador Electric Power Steering Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.9 El Salvador Electric Power Steering Market Revenues & Volume Share, By Electric Motor? , 2021 & 2031F |
3.10 El Salvador Electric Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 El Salvador Electric Power Steering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in El Salvador |
4.2.2 Growing focus on vehicle safety features and technology advancements |
4.2.3 Rise in disposable income leading to higher purchasing power for automotive products |
4.3 Market Restraints |
4.3.1 High initial cost of electric power steering systems |
4.3.2 Limited awareness and understanding of the benefits of electric power steering among consumers in El Salvador |
4.3.3 Lack of infrastructure for electric vehicle adoption |
5 El Salvador Electric Power Steering Market Trends |
6 El Salvador Electric Power Steering Market Segmentations |
6.1 El Salvador Electric Power Steering Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Electric Power Steering Market Revenues & Volume, By CEPS, 2021-2031F |
6.1.3 El Salvador Electric Power Steering Market Revenues & Volume, By PEPS, 2021-2031F |
6.1.4 El Salvador Electric Power Steering Market Revenues & Volume, By REPS, 2021-2031F |
6.2 El Salvador Electric Power Steering Market, By Mechanism |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Electric Power Steering Market Revenues & Volume, By Collapsible, 2021-2031F |
6.2.3 El Salvador Electric Power Steering Market Revenues & Volume, By Rigid, 2021-2031F |
6.3 El Salvador Electric Power Steering Market, By Off-Highway |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Electric Power Steering Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 El Salvador Electric Power Steering Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4 El Salvador Electric Power Steering Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 El Salvador Electric Power Steering Market Revenues & Volume, By Steering column, 2021-2031F |
6.4.3 El Salvador Electric Power Steering Market Revenues & Volume, By Sensors, 2021-2031F |
6.4.4 El Salvador Electric Power Steering Market Revenues & Volume, By Steering gear, 2021-2031F |
6.4.5 El Salvador Electric Power Steering Market Revenues & Volume, By Mechanical rack and pinion, 2021-2031F |
6.4.6 El Salvador Electric Power Steering Market Revenues & Volume, By Electronic control unit, 2021-2031F |
6.4.7 El Salvador Electric Power Steering Market Revenues & Volume, By Electric motor, 2021-2031F |
6.5 El Salvador Electric Power Steering Market, By Electric Motor? |
6.5.1 Overview and Analysis |
6.5.2 El Salvador Electric Power Steering Market Revenues & Volume, By Brush motor, 2021-2031F |
6.5.3 El Salvador Electric Power Steering Market Revenues & Volume, By Brushless motor, 2021-2031F |
6.6 El Salvador Electric Power Steering Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 El Salvador Electric Power Steering Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.6.3 El Salvador Electric Power Steering Market Revenues & Volume, By Commercial Vehicles (CV), 2021-2031F |
7 El Salvador Electric Power Steering Market Import-Export Trade Statistics |
7.1 El Salvador Electric Power Steering Market Export to Major Countries |
7.2 El Salvador Electric Power Steering Market Imports from Major Countries |
8 El Salvador Electric Power Steering Market Key Performance Indicators |
8.1 Average age of vehicles on the road in El Salvador |
8.2 Number of new vehicle registrations with electric power steering systems |
8.3 Percentage of automotive workshops equipped to handle electric power steering system repairs |
8.4 Average fuel efficiency of vehicles in El Salvador |
8.5 Government incentives or policies supporting the adoption of electric power steering in vehicles |
9 El Salvador Electric Power Steering Market - Opportunity Assessment |
9.1 El Salvador Electric Power Steering Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Electric Power Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.3 El Salvador Electric Power Steering Market Opportunity Assessment, By Off-Highway, 2021 & 2031F |
9.4 El Salvador Electric Power Steering Market Opportunity Assessment, By Components, 2021 & 2031F |
9.5 El Salvador Electric Power Steering Market Opportunity Assessment, By Electric Motor? , 2021 & 2031F |
9.6 El Salvador Electric Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F |
10 El Salvador Electric Power Steering Market - Competitive Landscape |
10.1 El Salvador Electric Power Steering Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Electric Power Steering Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |