| Product Code: ETC5894519 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
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 Taiwan Electric Power Steering Market Overview |
3.1 Taiwan Country Macro Economic Indicators |
3.2 Taiwan Electric Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 Taiwan Electric Power Steering Market - Industry Life Cycle |
3.4 Taiwan Electric Power Steering Market - Porter's Five Forces |
3.5 Taiwan Electric Power Steering Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Taiwan Electric Power Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.7 Taiwan Electric Power Steering Market Revenues & Volume Share, By Off-Highway, 2021 & 2031F |
3.8 Taiwan Electric Power Steering Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.9 Taiwan Electric Power Steering Market Revenues & Volume Share, By Electric Motor? , 2021 & 2031F |
3.10 Taiwan Electric Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Taiwan Electric Power Steering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles, as electric power steering systems contribute to improved fuel efficiency. |
4.2.2 Growing focus on reducing emissions and enhancing environmental sustainability, leading to the adoption of electric power steering systems. |
4.2.3 Technological advancements in electric power steering systems, such as integration with driver assistance systems, enhancing safety and driving experience. |
4.3 Market Restraints |
4.3.1 High initial costs associated with electric power steering systems, which may deter price-sensitive consumers. |
4.3.2 Dependence on complex electronic components, increasing the risk of potential system failures and maintenance costs. |
4.3.3 Limited availability and accessibility of charging infrastructure for electric power steering systems in Taiwan, hindering widespread adoption. |
5 Taiwan Electric Power Steering Market Trends |
6 Taiwan Electric Power Steering Market Segmentations |
6.1 Taiwan Electric Power Steering Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Taiwan Electric Power Steering Market Revenues & Volume, By CEPS, 2021-2031F |
6.1.3 Taiwan Electric Power Steering Market Revenues & Volume, By PEPS, 2021-2031F |
6.1.4 Taiwan Electric Power Steering Market Revenues & Volume, By REPS, 2021-2031F |
6.2 Taiwan Electric Power Steering Market, By Mechanism |
6.2.1 Overview and Analysis |
6.2.2 Taiwan Electric Power Steering Market Revenues & Volume, By Collapsible, 2021-2031F |
6.2.3 Taiwan Electric Power Steering Market Revenues & Volume, By Rigid, 2021-2031F |
6.3 Taiwan Electric Power Steering Market, By Off-Highway |
6.3.1 Overview and Analysis |
6.3.2 Taiwan Electric Power Steering Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Taiwan Electric Power Steering Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4 Taiwan Electric Power Steering Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 Taiwan Electric Power Steering Market Revenues & Volume, By Steering column, 2021-2031F |
6.4.3 Taiwan Electric Power Steering Market Revenues & Volume, By Sensors, 2021-2031F |
6.4.4 Taiwan Electric Power Steering Market Revenues & Volume, By Steering gear, 2021-2031F |
6.4.5 Taiwan Electric Power Steering Market Revenues & Volume, By Mechanical rack and pinion, 2021-2031F |
6.4.6 Taiwan Electric Power Steering Market Revenues & Volume, By Electronic control unit, 2021-2031F |
6.4.7 Taiwan Electric Power Steering Market Revenues & Volume, By Electric motor, 2021-2031F |
6.5 Taiwan Electric Power Steering Market, By Electric Motor? |
6.5.1 Overview and Analysis |
6.5.2 Taiwan Electric Power Steering Market Revenues & Volume, By Brush motor, 2021-2031F |
6.5.3 Taiwan Electric Power Steering Market Revenues & Volume, By Brushless motor, 2021-2031F |
6.6 Taiwan Electric Power Steering Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Taiwan Electric Power Steering Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.6.3 Taiwan Electric Power Steering Market Revenues & Volume, By Commercial Vehicles (CV), 2021-2031F |
7 Taiwan Electric Power Steering Market Import-Export Trade Statistics |
7.1 Taiwan Electric Power Steering Market Export to Major Countries |
7.2 Taiwan Electric Power Steering Market Imports from Major Countries |
8 Taiwan Electric Power Steering Market Key Performance Indicators |
8.1 Average energy efficiency improvements achieved by vehicles equipped with electric power steering systems. |
8.2 Adoption rate of electric power steering systems among new vehicle models launched in Taiwan. |
8.3 Number of technical failures or recalls related to electric power steering systems in the market. |
8.4 Level of customer satisfaction and feedback on the performance and reliability of electric power steering systems. |
9 Taiwan Electric Power Steering Market - Opportunity Assessment |
9.1 Taiwan Electric Power Steering Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Taiwan Electric Power Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.3 Taiwan Electric Power Steering Market Opportunity Assessment, By Off-Highway, 2021 & 2031F |
9.4 Taiwan Electric Power Steering Market Opportunity Assessment, By Components, 2021 & 2031F |
9.5 Taiwan Electric Power Steering Market Opportunity Assessment, By Electric Motor? , 2021 & 2031F |
9.6 Taiwan Electric Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Taiwan Electric Power Steering Market - Competitive Landscape |
10.1 Taiwan Electric Power Steering Market Revenue Share, By Companies, 2024 |
10.2 Taiwan Electric Power Steering Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here