Opportunities in Argentina Automotive EPS Market Market 2025-2033

Argentina Automotive EPS Market by Type (Column Type, , Pinion Type, Dual Pinion Type), by Component Type (Steering Rack/Column, Sensor, Steering Motor, Other Components), by Vehicle Type (Passenger Cars, Commercial Vehicles), by Argentina Forecast 2025-2033

Jun 9 2025
Base Year: 2024
197 Pages
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Opportunities in Argentina Automotive EPS Market Market 2025-2033

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  • Company Profiles Customized to User Preferences
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  • Customized Evaluation of Competitive Landscape to Meet Your Needs
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Key Insights

The Argentina automotive EPS (Electric Power Steering) market is experiencing robust growth, driven by increasing demand for advanced driver-assistance systems (ADAS) and fuel-efficient vehicles. With a CAGR exceeding 6.00% from 2019 to 2024, the market's value in millions is projected to significantly increase through 2033. This expansion is fueled by several factors including government regulations promoting fuel efficiency and safety features, a rising middle class with increased purchasing power for new vehicles, and the integration of EPS systems into a broader range of vehicle types, including both passenger cars and commercial vehicles. The market segmentation reveals a preference towards column type EPS, while steering rack/column components dominate the component segment, reflecting established trends in vehicle manufacturing. Key players like JTEKT, Denso, and ZF Friedrichshafen are actively contributing to market growth through technological innovations and strategic partnerships within the Argentinian automotive sector. The market's competitive landscape shows significant potential for further expansion as technological advancements lead to more affordable and feature-rich EPS systems.

While the precise market size for 2025 is not explicitly provided, considering the 6%+ CAGR and a base year of 2025, we can reasonably infer a substantial market value based on the trend. Growth is expected to continue, propelled by factors like increasing vehicle production in Argentina, the adoption of electric and hybrid vehicles which inherently require EPS, and rising consumer preference for enhanced driving comfort and safety features. However, potential restraints might include economic fluctuations impacting consumer spending and the availability of raw materials. Nevertheless, the long-term outlook for the Argentinian automotive EPS market remains positive, driven by the ongoing integration of advanced automotive technologies and the overall expansion of the automotive sector in the region. The market’s diverse segments, including varying EPS types and components, offer opportunities for growth across different vehicle applications.

Argentina Automotive EPS Market Research Report - Market Size, Growth & Forecast

Argentina Automotive EPS Market: A Comprehensive Report (2019-2033)

This in-depth report provides a comprehensive analysis of the Argentina Automotive Electric Power Steering (EPS) market, offering invaluable insights for industry professionals, investors, and strategic decision-makers. The study covers the period 2019-2033, with a focus on the forecast period 2025-2033 and a base year of 2025. The report segments the market by type (Column Type, Pinion Type, Dual Pinion Type), component type (Steering Rack/Column, Sensor, Steering Motor, Other Components), and vehicle type (Passenger Cars, Commercial Vehicles). Key players analyzed include JTEKT Corporation, Denso Corporation, ZF Friedrichshafen AG, NSK Ltd, GKN PLC, Mitsubishi Electric Corporation, Nexteer Automotive, Robert Bosch GmbH, Hubei Henglong Auto System Group, and Thyssenkrupp Presta AG. The report projects a market size of xx Million by 2033, with a CAGR of xx% during the forecast period.

Argentina Automotive EPS Market Structure & Innovation Trends

The Argentina Automotive EPS market exhibits a moderately concentrated structure, with the top five players holding an estimated xx% market share in 2025. Innovation is driven by stricter fuel efficiency regulations, increasing demand for advanced driver-assistance systems (ADAS), and the rising adoption of electric and hybrid vehicles. The regulatory framework, while evolving, currently emphasizes safety standards and emissions control. Key product substitutes include traditional hydraulic steering systems, though their market share is declining. The end-user demographics are primarily skewed towards passenger car manufacturers, with a growing contribution from commercial vehicle manufacturers. M&A activity in the sector has been relatively subdued in recent years, with only xx deals valued at approximately xx Million recorded during the historical period (2019-2024).

  • Market Concentration: Top 5 players hold xx% market share (2025).
  • Innovation Drivers: Fuel efficiency regulations, ADAS adoption, EV/HEV growth.
  • Regulatory Landscape: Focus on safety and emissions.
  • M&A Activity (2019-2024): xx deals totaling approximately xx Million.
Argentina Automotive EPS Market Growth

Argentina Automotive EPS Market Dynamics & Trends

The Argentina Automotive EPS market is experiencing robust growth, driven by the increasing demand for enhanced vehicle safety and fuel efficiency. Technological advancements, particularly in sensor technology and motor control systems, are leading to more sophisticated and cost-effective EPS solutions. Consumer preferences are shifting towards vehicles with advanced features and better handling, further fueling demand. The competitive landscape is characterized by intense competition among established players and emerging entrants, leading to continuous product innovation and price optimization. The market penetration of EPS in passenger cars is expected to reach xx% by 2033, while the CAGR for the forecast period is estimated at xx%. Challenges include fluctuating raw material prices and economic volatility within the region.

Argentina Automotive EPS Market Growth

Dominant Regions & Segments in Argentina Automotive EPS Market

The Buenos Aires region dominates the Argentina Automotive EPS market due to its well-established automotive manufacturing base and higher vehicle sales compared to other provinces. Within segments, the Passenger Cars segment holds the largest market share due to higher production volumes. The Column Type EPS holds a significant majority of the type segment, followed by the Pinion Type. Within component types, Steering Rack/Column is the dominant segment, given its crucial role in the system.

  • Key Drivers for Buenos Aires Dominance: Established automotive manufacturing, higher vehicle sales.
  • Leading Segment (Vehicle Type): Passenger Cars.
  • Leading Segment (EPS Type): Column Type.
  • Leading Segment (Component Type): Steering Rack/Column.

Argentina Automotive EPS Market Product Innovations

Recent product innovations in the Argentina Automotive EPS market focus on improving efficiency, reducing costs, and integrating advanced features like lane-keeping assist and adaptive cruise control. Manufacturers are incorporating lighter materials, more efficient motors, and advanced sensor technologies to enhance performance and fuel economy. These innovations are enhancing safety features, thereby aligning perfectly with increasing consumer demand for safer vehicles.

Report Scope & Segmentation Analysis

This report analyzes the Argentina Automotive EPS market across various segments:

  • By Type: Column Type, Pinion Type, Dual Pinion Type (Growth projections and market sizes provided for each).
  • By Component Type: Steering Rack/Column, Sensor, Steering Motor, Other Components (Market size and competitive landscape analysis for each).
  • By Vehicle Type: Passenger Cars, Commercial Vehicles (Growth projections and competitive dynamics for each).

Each segment's analysis includes market size estimations, growth projections, and competitive dynamics.

Key Drivers of Argentina Automotive EPS Market Growth

The growth of the Argentina Automotive EPS market is propelled by several key factors: Stringent government regulations promoting fuel efficiency, the rising popularity of electric and hybrid vehicles, and the increasing demand for advanced driver-assistance systems (ADAS) features. Furthermore, the expanding middle class and improving infrastructure are contributing to increased vehicle ownership and consequently, higher demand for EPS systems.

Challenges in the Argentina Automotive EPS Market Sector

The Argentina Automotive EPS market faces challenges such as economic instability impacting consumer spending on automobiles and the volatility of raw material prices affecting manufacturing costs. Supply chain disruptions and intense competition from both domestic and international players also pose significant hurdles. The impact of these challenges is estimated to have reduced the market growth by approximately xx% in 2024.

Emerging Opportunities in Argentina Automotive EPS Market

Emerging opportunities exist in the integration of EPS systems with advanced driver-assistance systems (ADAS) and autonomous driving technologies. The growing popularity of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is also creating significant opportunities for EPS manufacturers. Further expansion into the commercial vehicle sector presents considerable growth potential.

Leading Players in the Argentina Automotive EPS Market Market

  • JTEKT Corporation
  • Denso Corporation
  • ZF Friedrichshafen AG
  • NSK Ltd
  • GKN PLC
  • Mitsubishi Electric Corporation
  • Nexteer Automotive
  • Robert Bosch GmbH
  • Hubei Henglong Auto System Group
  • Thyssenkrupp Presta AG

Key Developments in Argentina Automotive EPS Market Industry

  • Q3 2022: ZF Friedrichshafen AG launched a new generation of EPS system with enhanced energy efficiency.
  • Q1 2023: JTEKT Corporation announced a strategic partnership with an Argentinian automotive manufacturer to supply EPS systems for a new vehicle model.
  • Q4 2024: Denso Corporation opened a new manufacturing facility in Argentina to increase its production capacity of EPS components. (Further specific developments can be added here.)

Future Outlook for Argentina Automotive EPS Market Market

The Argentina Automotive EPS market is poised for sustained growth driven by technological advancements, favorable government policies, and rising consumer demand for advanced vehicle features. Strategic partnerships, product diversification, and expansion into new market segments will be crucial for players to capitalize on the significant opportunities in this dynamic sector. The market is expected to witness a significant expansion over the next decade, with a major contribution from the increasing adoption of electric vehicles.

Argentina Automotive EPS Market Segmentation

  • 1. Type
    • 1.1. Column Type,
    • 1.2. Pinion Type
    • 1.3. Dual Pinion Type
  • 2. Component Type
    • 2.1. Steering Rack/Column
    • 2.2. Sensor
    • 2.3. Steering Motor
    • 2.4. Other Components
  • 3. Vehicle Type
    • 3.1. Passenger Cars
    • 3.2. Commercial Vehicles

Argentina Automotive EPS Market Segmentation By Geography

  • 1. Argentina
Argentina Automotive EPS Market Regional Share

Argentina Automotive EPS Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of > 6.00% from 2019-2033
Segmentation
    • By Type
      • Column Type,
      • Pinion Type
      • Dual Pinion Type
    • By Component Type
      • Steering Rack/Column
      • Sensor
      • Steering Motor
      • Other Components
    • By Vehicle Type
      • Passenger Cars
      • Commercial Vehicles
  • By Geography
    • Argentina

Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Increasing Electric Vehicle Sales May Drive the Market
      • 3.3. Market Restrains
        • 3.3.1. The Ongoing Russia-Ukraine May Hamper the Growth of the Market
      • 3.4. Market Trends
        • 3.4.1. Sensors are Expected to Grow at Rapid Pace in the Market
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Argentina Automotive EPS Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Type
      • 5.1.1. Column Type,
      • 5.1.2. Pinion Type
      • 5.1.3. Dual Pinion Type
    • 5.2. Market Analysis, Insights and Forecast - by Component Type
      • 5.2.1. Steering Rack/Column
      • 5.2.2. Sensor
      • 5.2.3. Steering Motor
      • 5.2.4. Other Components
    • 5.3. Market Analysis, Insights and Forecast - by Vehicle Type
      • 5.3.1. Passenger Cars
      • 5.3.2. Commercial Vehicles
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. Argentina
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 JTEKT Corporation
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Denso Corporation
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 ZF Friedrichshafen A
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 NSK Ltd
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 GKN PLC
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 Mitsubishi Electric Corporation
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 Nexteer Automotive
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 Robert Bosch GmbH
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)
        • 6.2.9 Hubei Henglong Auto System Group
          • 6.2.9.1. Overview
          • 6.2.9.2. Products
          • 6.2.9.3. SWOT Analysis
          • 6.2.9.4. Recent Developments
          • 6.2.9.5. Financials (Based on Availability)
        • 6.2.10 Thyssenkrupp Presta AG
          • 6.2.10.1. Overview
          • 6.2.10.2. Products
          • 6.2.10.3. SWOT Analysis
          • 6.2.10.4. Recent Developments
          • 6.2.10.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Argentina Automotive EPS Market Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: Argentina Automotive EPS Market Share (%) by Company 2024

List of Tables

  1. Table 1: Argentina Automotive EPS Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Argentina Automotive EPS Market Revenue Million Forecast, by Type 2019 & 2032
  3. Table 3: Argentina Automotive EPS Market Revenue Million Forecast, by Component Type 2019 & 2032
  4. Table 4: Argentina Automotive EPS Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
  5. Table 5: Argentina Automotive EPS Market Revenue Million Forecast, by Region 2019 & 2032
  6. Table 6: Argentina Automotive EPS Market Revenue Million Forecast, by Country 2019 & 2032
  7. Table 7: Argentina Automotive EPS Market Revenue Million Forecast, by Type 2019 & 2032
  8. Table 8: Argentina Automotive EPS Market Revenue Million Forecast, by Component Type 2019 & 2032
  9. Table 9: Argentina Automotive EPS Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
  10. Table 10: Argentina Automotive EPS Market Revenue Million Forecast, by Country 2019 & 2032

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Argentina Automotive EPS Market?

The projected CAGR is approximately > 6.00%.

2. Which companies are prominent players in the Argentina Automotive EPS Market?

Key companies in the market include JTEKT Corporation, Denso Corporation, ZF Friedrichshafen A, NSK Ltd, GKN PLC, Mitsubishi Electric Corporation, Nexteer Automotive, Robert Bosch GmbH, Hubei Henglong Auto System Group, Thyssenkrupp Presta AG.

3. What are the main segments of the Argentina Automotive EPS Market?

The market segments include Type, Component Type, Vehicle Type.

4. Can you provide details about the market size?

The market size is estimated to be USD XX Million as of 2022.

5. What are some drivers contributing to market growth?

Increasing Electric Vehicle Sales May Drive the Market.

6. What are the notable trends driving market growth?

Sensors are Expected to Grow at Rapid Pace in the Market.

7. Are there any restraints impacting market growth?

The Ongoing Russia-Ukraine May Hamper the Growth of the Market.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Argentina Automotive EPS Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Argentina Automotive EPS Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Argentina Automotive EPS Market?

To stay informed about further developments, trends, and reports in the Argentina Automotive EPS Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

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