| Product Code: ETC5893643 | 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 Ethiopia Automotive Steering System Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Automotive Steering System Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Automotive Steering System Market - Industry Life Cycle |
3.4 Ethiopia Automotive Steering System Market - Porter's Five Forces |
3.5 Ethiopia Automotive Steering System Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Ethiopia Automotive Steering System Market Revenues & Volume Share, By EPS Type, 2021 & 2031F |
3.7 Ethiopia Automotive Steering System Market Revenues & Volume Share, By Pinion, 2021 & 2031F |
3.8 Ethiopia Automotive Steering System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Ethiopia Automotive Steering System Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Ethiopia Automotive Steering System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for vehicles in Ethiopia due to improving economic conditions |
4.2.2 Increasing investments in automotive manufacturing and assembly plants in the country |
4.2.3 Government initiatives to promote the automotive industry and attract foreign investments |
4.3 Market Restraints |
4.3.1 High import duties and taxes on automotive parts and components |
4.3.2 Limited availability of skilled labor and technical expertise in the automotive sector |
4.3.3 Infrastructure challenges such as poor road conditions and inadequate maintenance services |
5 Ethiopia Automotive Steering System Market Trends |
6 Ethiopia Automotive Steering System Market Segmentations |
6.1 Ethiopia Automotive Steering System Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Automotive Steering System Market Revenues & Volume, By HPS, 2021-2031F |
6.1.3 Ethiopia Automotive Steering System Market Revenues & Volume, By EHPS, 2021-2031F |
6.1.4 Ethiopia Automotive Steering System Market Revenues & Volume, By EPS, 2021-2031F |
6.2 Ethiopia Automotive Steering System Market, By EPS Type |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Automotive Steering System Market Revenues & Volume, By R-EPS, 2021-2031F |
6.2.3 Ethiopia Automotive Steering System Market Revenues & Volume, By C-EPS, 2021-2031F |
6.2.4 Ethiopia Automotive Steering System Market Revenues & Volume, By P-EPS, 2021-2031F |
6.3 Ethiopia Automotive Steering System Market, By Pinion |
6.3.1 Overview and Analysis |
6.3.2 Ethiopia Automotive Steering System Market Revenues & Volume, By Single, 2021-2031F |
6.3.3 Ethiopia Automotive Steering System Market Revenues & Volume, By Dual, 2021-2031F |
6.4 Ethiopia Automotive Steering System Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Ethiopia Automotive Steering System Market Revenues & Volume, By Electric Power Steering (EPS), 2021-2031F |
6.4.3 Ethiopia Automotive Steering System Market Revenues & Volume, By Hydraulic Power Steering (HPS), 2021-2031F |
6.4.4 Ethiopia Automotive Steering System Market Revenues & Volume, By Electro-Hydraulic Power Steering (EHPS), 2021-2031F |
6.4.5 Ethiopia Automotive Steering System Market Revenues & Volume, By Manual Steering, 2021-2031F |
6.5 Ethiopia Automotive Steering System Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Ethiopia Automotive Steering System Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.5.3 Ethiopia Automotive Steering System Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.5.4 Ethiopia Automotive Steering System Market Revenues & Volume, By Heavy Commercial Vehicles, 2021-2031F |
7 Ethiopia Automotive Steering System Market Import-Export Trade Statistics |
7.1 Ethiopia Automotive Steering System Market Export to Major Countries |
7.2 Ethiopia Automotive Steering System Market Imports from Major Countries |
8 Ethiopia Automotive Steering System Market Key Performance Indicators |
8.1 Average age of vehicles in Ethiopia |
8.2 Number of automotive manufacturing plants established in the country |
8.3 Percentage of skilled workforce in the automotive industry |
8.4 Adoption rate of advanced steering technologies in new vehicles |
8.5 Number of government policies and incentives supporting the automotive sector |
9 Ethiopia Automotive Steering System Market - Opportunity Assessment |
9.1 Ethiopia Automotive Steering System Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Ethiopia Automotive Steering System Market Opportunity Assessment, By EPS Type, 2021 & 2031F |
9.3 Ethiopia Automotive Steering System Market Opportunity Assessment, By Pinion, 2021 & 2031F |
9.4 Ethiopia Automotive Steering System Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Ethiopia Automotive Steering System Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Ethiopia Automotive Steering System Market - Competitive Landscape |
10.1 Ethiopia Automotive Steering System Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Automotive Steering System 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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