| Product Code: ETC5894456 | 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 |
Israel`s import shipments of electric power steering in 2024 saw significant contributions from top exporting countries like Germany, China, USA, Belgium, and the Netherlands. The low Herfindahl-Hirschman Index (HHI) concentration indicates a diverse market landscape. With a Compound Annual Growth Rate (CAGR) of 8.99% from 2020 to 2024 and a notable growth rate of 32.1% from 2023 to 2024, the sector is experiencing robust expansion, showcasing the increasing importance of electric power steering in Israel`s automotive industry.

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 Israel Electric Power Steering Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Electric Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Electric Power Steering Market - Industry Life Cycle |
3.4 Israel Electric Power Steering Market - Porter's Five Forces |
3.5 Israel Electric Power Steering Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Israel Electric Power Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.7 Israel Electric Power Steering Market Revenues & Volume Share, By Off-Highway, 2021 & 2031F |
3.8 Israel Electric Power Steering Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.9 Israel Electric Power Steering Market Revenues & Volume Share, By Electric Motor? , 2021 & 2031F |
3.10 Israel Electric Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Israel Electric Power Steering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Israel |
4.2.2 Growing automotive industry in Israel |
4.2.3 Technological advancements in electric power steering systems |
4.3 Market Restraints |
4.3.1 High initial investment cost for implementing electric power steering systems |
4.3.2 Lack of awareness and understanding among consumers about the benefits of electric power steering |
5 Israel Electric Power Steering Market Trends |
6 Israel Electric Power Steering Market Segmentations |
6.1 Israel Electric Power Steering Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Israel Electric Power Steering Market Revenues & Volume, By CEPS, 2021-2031F |
6.1.3 Israel Electric Power Steering Market Revenues & Volume, By PEPS, 2021-2031F |
6.1.4 Israel Electric Power Steering Market Revenues & Volume, By REPS, 2021-2031F |
6.2 Israel Electric Power Steering Market, By Mechanism |
6.2.1 Overview and Analysis |
6.2.2 Israel Electric Power Steering Market Revenues & Volume, By Collapsible, 2021-2031F |
6.2.3 Israel Electric Power Steering Market Revenues & Volume, By Rigid, 2021-2031F |
6.3 Israel Electric Power Steering Market, By Off-Highway |
6.3.1 Overview and Analysis |
6.3.2 Israel Electric Power Steering Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Israel Electric Power Steering Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4 Israel Electric Power Steering Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 Israel Electric Power Steering Market Revenues & Volume, By Steering column, 2021-2031F |
6.4.3 Israel Electric Power Steering Market Revenues & Volume, By Sensors, 2021-2031F |
6.4.4 Israel Electric Power Steering Market Revenues & Volume, By Steering gear, 2021-2031F |
6.4.5 Israel Electric Power Steering Market Revenues & Volume, By Mechanical rack and pinion, 2021-2031F |
6.4.6 Israel Electric Power Steering Market Revenues & Volume, By Electronic control unit, 2021-2031F |
6.4.7 Israel Electric Power Steering Market Revenues & Volume, By Electric motor, 2021-2031F |
6.5 Israel Electric Power Steering Market, By Electric Motor? |
6.5.1 Overview and Analysis |
6.5.2 Israel Electric Power Steering Market Revenues & Volume, By Brush motor, 2021-2031F |
6.5.3 Israel Electric Power Steering Market Revenues & Volume, By Brushless motor, 2021-2031F |
6.6 Israel Electric Power Steering Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Israel Electric Power Steering Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.6.3 Israel Electric Power Steering Market Revenues & Volume, By Commercial Vehicles (CV), 2021-2031F |
7 Israel Electric Power Steering Market Import-Export Trade Statistics |
7.1 Israel Electric Power Steering Market Export to Major Countries |
7.2 Israel Electric Power Steering Market Imports from Major Countries |
8 Israel Electric Power Steering Market Key Performance Indicators |
8.1 Adoption rate of electric power steering systems in new vehicle models |
8.2 Rate of growth in the electric vehicle market in Israel |
8.3 Number of partnerships and collaborations between automotive manufacturers and electric power steering system suppliers. |
9 Israel Electric Power Steering Market - Opportunity Assessment |
9.1 Israel Electric Power Steering Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Israel Electric Power Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.3 Israel Electric Power Steering Market Opportunity Assessment, By Off-Highway, 2021 & 2031F |
9.4 Israel Electric Power Steering Market Opportunity Assessment, By Components, 2021 & 2031F |
9.5 Israel Electric Power Steering Market Opportunity Assessment, By Electric Motor? , 2021 & 2031F |
9.6 Israel Electric Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Israel Electric Power Steering Market - Competitive Landscape |
10.1 Israel Electric Power Steering Market Revenue Share, By Companies, 2024 |
10.2 Israel 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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