| Product Code: ETC10908819 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Costa Rica saw a significant rise in imports of automotive electric power steering systems in 2024, with top suppliers being China, Puerto Rico, Japan, Taiwan, and Mexico. The market remained competitive with low concentration, indicating diverse sources. The impressive CAGR of 16.76% from 2020 to 2024 demonstrates a strong upward trend in demand. Moreover, the growth rate of 16.76% from 2023 to 2024 suggests sustained momentum in the market, making it an attractive sector for further investment and expansion opportunities.

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 Costa Rica Automotive Electric Power Steering Systems Market Overview |
3.1 Costa Rica Country Macro Economic Indicators |
3.2 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Costa Rica Automotive Electric Power Steering Systems Market - Industry Life Cycle |
3.4 Costa Rica Automotive Electric Power Steering Systems Market - Porter's Five Forces |
3.5 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Costa Rica Automotive Electric Power Steering Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Costa Rica |
4.2.2 Government regulations promoting the adoption of electric vehicles |
4.2.3 Growing awareness about environmental sustainability and reducing carbon footprint |
4.3 Market Restraints |
4.3.1 High initial cost of electric power steering systems |
4.3.2 Lack of infrastructure for electric vehicles in Costa Rica |
4.3.3 Limited availability of skilled technicians for maintenance and repair of electric power steering systems |
5 Costa Rica Automotive Electric Power Steering Systems Market Trends |
6 Costa Rica Automotive Electric Power Steering Systems Market, By Types |
6.1 Costa Rica Automotive Electric Power Steering Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Column EPS (C-EPS), 2021 - 2031F |
6.1.4 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Pinion EPS (P-EPS), 2021 - 2031F |
6.1.5 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Rack EPS (R-EPS), 2021 - 2031F |
6.1.6 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Integrated EPS, 2021 - 2031F |
6.2 Costa Rica Automotive Electric Power Steering Systems Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Steering Column, 2021 - 2031F |
6.2.3 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Electronic Control Unit, 2021 - 2031F |
6.2.4 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Electric Motor, 2021 - 2031F |
6.2.5 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Sensors, 2021 - 2031F |
6.3 Costa Rica Automotive Electric Power Steering Systems Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.5 Costa Rica Automotive Electric Power Steering Systems Market Revenues & Volume, By Luxury Vehicles, 2021 - 2031F |
7 Costa Rica Automotive Electric Power Steering Systems Market Import-Export Trade Statistics |
7.1 Costa Rica Automotive Electric Power Steering Systems Market Export to Major Countries |
7.2 Costa Rica Automotive Electric Power Steering Systems Market Imports from Major Countries |
8 Costa Rica Automotive Electric Power Steering Systems Market Key Performance Indicators |
8.1 Average age of vehicles in Costa Rica equipped with electric power steering systems |
8.2 Number of charging stations for electric vehicles in Costa Rica |
8.3 Percentage of vehicles in Costa Rica using electric power steering systems |
8.4 Adoption rate of electric vehicles in Costa Rica compared to traditional vehicles |
9 Costa Rica Automotive Electric Power Steering Systems Market - Opportunity Assessment |
9.1 Costa Rica Automotive Electric Power Steering Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Costa Rica Automotive Electric Power Steering Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Costa Rica Automotive Electric Power Steering Systems Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Costa Rica Automotive Electric Power Steering Systems Market - Competitive Landscape |
10.1 Costa Rica Automotive Electric Power Steering Systems Market Revenue Share, By Companies, 2024 |
10.2 Costa Rica Automotive Electric Power Steering Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |