| Product Code: ETC5894532 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Zambia saw a notable shift in the concentration of electric power steering imports, moving from low to moderate concentration. Despite a negative compound annual growth rate of -4.38% from 2020 to 2024, the growth rate in 2024 took a steep decline of -27.69% compared to the previous year. The top exporting countries to Zambia in 2024 for electric power steering include the United States of America, China, South Africa, United Arab Emirates, and the United Kingdom, indicating a diverse mix of sources for these shipments.

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 Zambia Electric Power Steering Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Electric Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Electric Power Steering Market - Industry Life Cycle |
3.4 Zambia Electric Power Steering Market - Porter's Five Forces |
3.5 Zambia Electric Power Steering Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Zambia Electric Power Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.7 Zambia Electric Power Steering Market Revenues & Volume Share, By Off-Highway, 2021 & 2031F |
3.8 Zambia Electric Power Steering Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.9 Zambia Electric Power Steering Market Revenues & Volume Share, By Electric Motor? , 2021 & 2031F |
3.10 Zambia Electric Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Zambia 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 preference for advanced driving assistance systems |
4.2.3 Government initiatives promoting electric vehicle adoption |
4.3 Market Restraints |
4.3.1 High initial investment cost for electric power steering systems |
4.3.2 Limited infrastructure for electric vehicle charging stations |
5 Zambia Electric Power Steering Market Trends |
6 Zambia Electric Power Steering Market Segmentations |
6.1 Zambia Electric Power Steering Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Zambia Electric Power Steering Market Revenues & Volume, By CEPS, 2021-2031F |
6.1.3 Zambia Electric Power Steering Market Revenues & Volume, By PEPS, 2021-2031F |
6.1.4 Zambia Electric Power Steering Market Revenues & Volume, By REPS, 2021-2031F |
6.2 Zambia Electric Power Steering Market, By Mechanism |
6.2.1 Overview and Analysis |
6.2.2 Zambia Electric Power Steering Market Revenues & Volume, By Collapsible, 2021-2031F |
6.2.3 Zambia Electric Power Steering Market Revenues & Volume, By Rigid, 2021-2031F |
6.3 Zambia Electric Power Steering Market, By Off-Highway |
6.3.1 Overview and Analysis |
6.3.2 Zambia Electric Power Steering Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Zambia Electric Power Steering Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4 Zambia Electric Power Steering Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 Zambia Electric Power Steering Market Revenues & Volume, By Steering column, 2021-2031F |
6.4.3 Zambia Electric Power Steering Market Revenues & Volume, By Sensors, 2021-2031F |
6.4.4 Zambia Electric Power Steering Market Revenues & Volume, By Steering gear, 2021-2031F |
6.4.5 Zambia Electric Power Steering Market Revenues & Volume, By Mechanical rack and pinion, 2021-2031F |
6.4.6 Zambia Electric Power Steering Market Revenues & Volume, By Electronic control unit, 2021-2031F |
6.4.7 Zambia Electric Power Steering Market Revenues & Volume, By Electric motor, 2021-2031F |
6.5 Zambia Electric Power Steering Market, By Electric Motor? |
6.5.1 Overview and Analysis |
6.5.2 Zambia Electric Power Steering Market Revenues & Volume, By Brush motor, 2021-2031F |
6.5.3 Zambia Electric Power Steering Market Revenues & Volume, By Brushless motor, 2021-2031F |
6.6 Zambia Electric Power Steering Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Zambia Electric Power Steering Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.6.3 Zambia Electric Power Steering Market Revenues & Volume, By Commercial Vehicles (CV), 2021-2031F |
7 Zambia Electric Power Steering Market Import-Export Trade Statistics |
7.1 Zambia Electric Power Steering Market Export to Major Countries |
7.2 Zambia Electric Power Steering Market Imports from Major Countries |
8 Zambia Electric Power Steering Market Key Performance Indicators |
8.1 Average fuel efficiency improvement in vehicles equipped with electric power steering |
8.2 Number of vehicles with electric power steering systems sold annually in Zambia |
8.3 Adoption rate of electric vehicles in Zambia |
9 Zambia Electric Power Steering Market - Opportunity Assessment |
9.1 Zambia Electric Power Steering Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Zambia Electric Power Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.3 Zambia Electric Power Steering Market Opportunity Assessment, By Off-Highway, 2021 & 2031F |
9.4 Zambia Electric Power Steering Market Opportunity Assessment, By Components, 2021 & 2031F |
9.5 Zambia Electric Power Steering Market Opportunity Assessment, By Electric Motor? , 2021 & 2031F |
9.6 Zambia Electric Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Zambia Electric Power Steering Market - Competitive Landscape |
10.1 Zambia Electric Power Steering Market Revenue Share, By Companies, 2024 |
10.2 Zambia 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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