| Product Code: ETC5894440 | 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 |
Estonia`s electric power steering import market saw significant growth in 2024, with top exporters being Germany, Poland, and other European countries like Turkey and Hungary. The low Herfindahl-Hirschman Index indicates a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.21%, with an impressive growth rate of 17.04% from 2023 to 2024, showcasing a thriving demand for electric power steering systems in Estonia. This data suggests a positive outlook for the import market in the coming years.

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 Estonia Electric Power Steering Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia Electric Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia Electric Power Steering Market - Industry Life Cycle |
3.4 Estonia Electric Power Steering Market - Porter's Five Forces |
3.5 Estonia Electric Power Steering Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Estonia Electric Power Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.7 Estonia Electric Power Steering Market Revenues & Volume Share, By Off-Highway, 2021 & 2031F |
3.8 Estonia Electric Power Steering Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.9 Estonia Electric Power Steering Market Revenues & Volume Share, By Electric Motor? , 2021 & 2031F |
3.10 Estonia Electric Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Estonia 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 enhancing vehicle safety features |
4.2.3 Technological advancements in electric power steering systems |
4.3 Market Restraints |
4.3.1 High initial implementation costs |
4.3.2 Limited availability of skilled technicians for maintenance and repair of electric power steering systems |
5 Estonia Electric Power Steering Market Trends |
6 Estonia Electric Power Steering Market Segmentations |
6.1 Estonia Electric Power Steering Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Estonia Electric Power Steering Market Revenues & Volume, By CEPS, 2021-2031F |
6.1.3 Estonia Electric Power Steering Market Revenues & Volume, By PEPS, 2021-2031F |
6.1.4 Estonia Electric Power Steering Market Revenues & Volume, By REPS, 2021-2031F |
6.2 Estonia Electric Power Steering Market, By Mechanism |
6.2.1 Overview and Analysis |
6.2.2 Estonia Electric Power Steering Market Revenues & Volume, By Collapsible, 2021-2031F |
6.2.3 Estonia Electric Power Steering Market Revenues & Volume, By Rigid, 2021-2031F |
6.3 Estonia Electric Power Steering Market, By Off-Highway |
6.3.1 Overview and Analysis |
6.3.2 Estonia Electric Power Steering Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Estonia Electric Power Steering Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4 Estonia Electric Power Steering Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 Estonia Electric Power Steering Market Revenues & Volume, By Steering column, 2021-2031F |
6.4.3 Estonia Electric Power Steering Market Revenues & Volume, By Sensors, 2021-2031F |
6.4.4 Estonia Electric Power Steering Market Revenues & Volume, By Steering gear, 2021-2031F |
6.4.5 Estonia Electric Power Steering Market Revenues & Volume, By Mechanical rack and pinion, 2021-2031F |
6.4.6 Estonia Electric Power Steering Market Revenues & Volume, By Electronic control unit, 2021-2031F |
6.4.7 Estonia Electric Power Steering Market Revenues & Volume, By Electric motor, 2021-2031F |
6.5 Estonia Electric Power Steering Market, By Electric Motor? |
6.5.1 Overview and Analysis |
6.5.2 Estonia Electric Power Steering Market Revenues & Volume, By Brush motor, 2021-2031F |
6.5.3 Estonia Electric Power Steering Market Revenues & Volume, By Brushless motor, 2021-2031F |
6.6 Estonia Electric Power Steering Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Estonia Electric Power Steering Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.6.3 Estonia Electric Power Steering Market Revenues & Volume, By Commercial Vehicles (CV), 2021-2031F |
7 Estonia Electric Power Steering Market Import-Export Trade Statistics |
7.1 Estonia Electric Power Steering Market Export to Major Countries |
7.2 Estonia Electric Power Steering Market Imports from Major Countries |
8 Estonia Electric Power Steering Market Key Performance Indicators |
8.1 Average age of vehicles in Estonia equipped with electric power steering systems |
8.2 Adoption rate of electric power steering systems in new vehicle models in Estonia |
8.3 Percentage of vehicles in Estonia undergoing electric power steering system upgrades |
8.4 Number of workshops in Estonia offering maintenance and repair services for electric power steering systems |
8.5 Customer satisfaction levels with electric power steering performance in Estonia |
9 Estonia Electric Power Steering Market - Opportunity Assessment |
9.1 Estonia Electric Power Steering Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Estonia Electric Power Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.3 Estonia Electric Power Steering Market Opportunity Assessment, By Off-Highway, 2021 & 2031F |
9.4 Estonia Electric Power Steering Market Opportunity Assessment, By Components, 2021 & 2031F |
9.5 Estonia Electric Power Steering Market Opportunity Assessment, By Electric Motor? , 2021 & 2031F |
9.6 Estonia Electric Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Estonia Electric Power Steering Market - Competitive Landscape |
10.1 Estonia Electric Power Steering Market Revenue Share, By Companies, 2024 |
10.2 Estonia 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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