Electro Hydraulic Power Steering (EHPS) is an innovative steering system that combines the advantages of hydraulic and electric power steering technology. EHPS systems assist the driver’s steering by utilizing hydraulic pressure, with an electric motor managing the operation of the hydraulic system. The combination of these technologies produces responsive and efficient steering systems, which improves the entire driving experience.
SPER Market Research's report, "Japan Electro Hydraulic Power Steering Market Size - By Vehicle Type, By Component Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033," indicates that the Japan Electro Hydraulic Power Steering Market is projected to reach USD XX billion by 2033, with an estimated CAGR of 6.26%.
Drivers: The market for electro-hydraulic power steering in Japan is anticipated to grow substantially as front-wheel drive systems gain popularity and vehicle weight increases. Power-assisted steering systems become necessary as vehicles get larger and tire diameters rise because steering requires more manual effort. Improved vehicle control and adjustable speed are two advantages of electro-hydraulic power steering (EHPS) systems, which use an electric motor pump unit to supply hydraulic pressure. This method increases efficiency by doing away with the requirement for engine-driven hydraulic pumps, which is particularly helpful for hybrid-electric vehicles. Fully electronic power steering systems, which are simpler to construct and maintain and more efficient, are competing with EHPS despite advancements in this technology.
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Challenges: There are several obstacles facing the EHPS sector in Japan. The high price of EHPS systems is one of the primary obstacles. Because hydraulic and electric components are integrated, these systems are more costly than standard power steering systems. Particularly for segments of the auto industry that are cost-conscious, this higher price may act as a disincentive. Technical intricacy is another significant limitation. EHPS systems must be carefully calibrated and integrated with the electronic control systems of the vehicle. Smaller companies that lack the requisite funding and technological know-how may find it difficult to implement EHPS technology due to its complexity, which requires sophisticated production abilities and experience.
The COVID-19 pandemic has had a substantial impact on Japan's electrohydraulic power steering market -
Disruptions to the supply chain: Production halts and disruptions in the global supply chain affected the manufacturing of EHPS systems, causing short-term shortages.
Vehicle Sales Slowdown: The demand for EHPS was impacted by the brief decline in car sales brought on by the pandemic-induced economic slowdown.
The Kanto Region is the market leader for electrohydraulic power steering in Japan. Major automakers, research facilities, and tech companies are located in this region, which also includes Tokyo and important automotive and technology hubs like Yokohama and Saitama. Some of the key players in the market are JTEKT Corporation, Nexteer Automotive, NSK Ltd, Robert Bosch GmbH, ZF Friedrichshafen AG, Showa Group, and others.
Japan Electro Hydraulic Power Steering Market Segmentation:
By Vehicle Type: Based on the Vehicle Type, Japan Electro Hydraulic Power Steering Market is segmented as; Passenger Vehicles and Commercial Vehicles.
By Component Type: Based on the Component Type, Japan Electro Hydraulic Power Steering Market is segmented as; Steering Motor, Sensors, and Others.
By Region: This research includes data for Kanto Region, Kniki Region, Central/Chubu Region, Kyushu-Okinawa Region, Chugoku Region and Shikoku Region.
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