| Product Code: ETC5894407 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Austria electric power steering market experienced a decline in imports during 2020-2024, with a CAGR of -2.74%. The year-on-year growth rate for 2023-2024 was -24.64%, contributing to the overall decrease in import levels during this period.

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 Austria Electric Power Steering Market Overview |
3.1 Austria Country Macro Economic Indicators |
3.2 Austria Electric Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 Austria Electric Power Steering Market - Industry Life Cycle |
3.4 Austria Electric Power Steering Market - Porter's Five Forces |
3.5 Austria Electric Power Steering Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Austria Electric Power Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.7 Austria Electric Power Steering Market Revenues & Volume Share, By Off-Highway, 2021 & 2031F |
3.8 Austria Electric Power Steering Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.9 Austria Electric Power Steering Market Revenues & Volume Share, By Electric Motor? , 2021 & 2031F |
3.10 Austria Electric Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Austria Electric Power Steering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles |
4.2.2 Growing focus on vehicle safety features |
4.2.3 Technological advancements in electric power steering systems |
4.3 Market Restraints |
4.3.1 High initial installation and maintenance costs |
4.3.2 Limited consumer awareness about the benefits of electric power steering |
4.3.3 Concerns regarding the reliability and durability of electric power steering systems |
5 Austria Electric Power Steering Market Trends |
6 Austria Electric Power Steering Market Segmentations |
6.1 Austria Electric Power Steering Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Austria Electric Power Steering Market Revenues & Volume, By CEPS, 2021-2031F |
6.1.3 Austria Electric Power Steering Market Revenues & Volume, By PEPS, 2021-2031F |
6.1.4 Austria Electric Power Steering Market Revenues & Volume, By REPS, 2021-2031F |
6.2 Austria Electric Power Steering Market, By Mechanism |
6.2.1 Overview and Analysis |
6.2.2 Austria Electric Power Steering Market Revenues & Volume, By Collapsible, 2021-2031F |
6.2.3 Austria Electric Power Steering Market Revenues & Volume, By Rigid, 2021-2031F |
6.3 Austria Electric Power Steering Market, By Off-Highway |
6.3.1 Overview and Analysis |
6.3.2 Austria Electric Power Steering Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Austria Electric Power Steering Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4 Austria Electric Power Steering Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 Austria Electric Power Steering Market Revenues & Volume, By Steering column, 2021-2031F |
6.4.3 Austria Electric Power Steering Market Revenues & Volume, By Sensors, 2021-2031F |
6.4.4 Austria Electric Power Steering Market Revenues & Volume, By Steering gear, 2021-2031F |
6.4.5 Austria Electric Power Steering Market Revenues & Volume, By Mechanical rack and pinion, 2021-2031F |
6.4.6 Austria Electric Power Steering Market Revenues & Volume, By Electronic control unit, 2021-2031F |
6.4.7 Austria Electric Power Steering Market Revenues & Volume, By Electric motor, 2021-2031F |
6.5 Austria Electric Power Steering Market, By Electric Motor? |
6.5.1 Overview and Analysis |
6.5.2 Austria Electric Power Steering Market Revenues & Volume, By Brush motor, 2021-2031F |
6.5.3 Austria Electric Power Steering Market Revenues & Volume, By Brushless motor, 2021-2031F |
6.6 Austria Electric Power Steering Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Austria Electric Power Steering Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.6.3 Austria Electric Power Steering Market Revenues & Volume, By Commercial Vehicles (CV), 2021-2031F |
7 Austria Electric Power Steering Market Import-Export Trade Statistics |
7.1 Austria Electric Power Steering Market Export to Major Countries |
7.2 Austria Electric Power Steering Market Imports from Major Countries |
8 Austria Electric Power Steering Market Key Performance Indicators |
8.1 Adoption rate of electric power steering systems in new vehicle models |
8.2 Average fuel efficiency improvement in vehicles equipped with electric power steering |
8.3 Number of safety features integrated with electric power steering systems |
8.4 Rate of technological innovation in electric power steering technology |
8.5 Customer satisfaction levels with electric power steering systems |
9 Austria Electric Power Steering Market - Opportunity Assessment |
9.1 Austria Electric Power Steering Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Austria Electric Power Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.3 Austria Electric Power Steering Market Opportunity Assessment, By Off-Highway, 2021 & 2031F |
9.4 Austria Electric Power Steering Market Opportunity Assessment, By Components, 2021 & 2031F |
9.5 Austria Electric Power Steering Market Opportunity Assessment, By Electric Motor? , 2021 & 2031F |
9.6 Austria Electric Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Austria Electric Power Steering Market - Competitive Landscape |
10.1 Austria Electric Power Steering Market Revenue Share, By Companies, 2024 |
10.2 Austria 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.
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