OE Light Vehicle Power Steering System/Component Demand Analysis

September 2013

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Production Analysis

0

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

2011 2012 2013 2014 2015 2016 2017

Units

Years

LIGHT VEHICLE PRODUCTION BY REGION/COUNTRY: 2011 - 2017

Europe

North America

Brazil

Japan

South Korea

China

India

ASEAN

Component Forecast Analysis

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Contents • Main trends of the power steering market, from ORIGINAL research undertaken by IHS

Automotive component specialists• Global light vehicle production analysis

• Global and regional power steering analysis derived from vehicle model/platform intelligence.

• Regions: Europe, North America, Japan/South Korea, China and India

• Analysis by System type, ECU, Motor and Pump

• Supplier shares and technology trends are calculated on a volume basis

• OEM/supplier ‘System’ relationships

• Total Market System Value-$- Global and by Region• Value is calculated on a weighted basis for the following steering technologies; HPS, EHPS,

EPS, Low Cost EPS and Manual Steering

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Main Trends • Identifies power steering technologies for various markets and vehicle types• Identifies the power steering system technology which offers the greatest growth out to

2017

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Global: Analysis

Global* - Europe, North America, Brazil, Japan, South Korea, India, China, Thailand, Taiwan, Indonesia & Malaysia

0

20,000,000

40,000,000

60,000,000

80,000,000

100,000,000

120,000,000

2011 2012 2013 2014 2015 2016 2017

Uni

ts

Years

GLOBAL* LIGHT VEHICLE PRODUCTION: 2011 - 2017

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Global: Analysis

Global* - Europe, North America, Brazil, Japan, South Korea, India, China, Thailand, Taiwan, Indonesia & Malaysia

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2011 2012 2013 2014 2015 2016 2017

Years

GLOBAL* LIGHT VEHICLE POWER STEERING TYPE PENETRATION: 2011 - 2017

EHPS

EPS

HPS

MANUAL

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Europe Analysis

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Europe: Analysis

0

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

16,000,000

18,000,000

20,000,000

2011 2012 2013 2014 2015 2016 2017

Uni

ts

Years

EUROPE LIGHT VEHICLE POWER STEERING TYPE USAGE: 2011 - 2017

EHPS

EPS

HPS

MANUAL

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Europe: Analysis

29%

21% 15%

11%

4%

4%

3%

3%

10%

EUROPE LIGHT VEHICLE POWER STEERING SYSTEM SUPPLIER STRUCTURE: 2011

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North America Analysis

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North America: Analysis

18%

14%

19%

49%

NORTH AMERICA LIGHT VEHICLE EPS TYPE: 2011

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North America: Analysis

23%

21%

15%

13%

11%

7%

10%

NORTH AMERICA LIGHT VEHICLE EPS SYSTEM SUPPLIER STRUCTURE: 2011

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Japan/South Korea Analysis

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Japan/South Korea: Analysis

27%

22%

17%

11%

11%

8% 2% 2%

JAPAN/SOUTH KOREA LIGHT VEHICLE EPS MOTOR SUPPLIER STRUCTURE: 2011

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Japan/South Korea: Analysis

30%

20%

11%

10%

9%

7%

6%

4% 3%

JAPAN/SOUTH KOREA LIGHT VEHICLE EPS ECU SUPPLIER STRUCTURE: 2011

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China Analysis

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China: Analysis

Steering* - Steering System which contains steering gear, column, pump, motor and ECU as applicable

2.9

3.3

3.8

4.2

4.6

5.1

5.6

0

1

2

3

4

5

6

2011 2012 2013 2014 2015 2016 2017

Valu

e (U

S $

Billi

ons)

Years

CHINA LIGHT VEHICLE TOTAL STEERING* MARKET VALUE (US $ Billions): 2011 - 2017

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India Analysis

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India: Analysis

JTEKT MANDO NSK RANE NSK RANE TRW SHOWA ZF OTHER

Ford X X

General Motors X X X X

Honda X X

Hyundai X X

Mahindra & Mahindra X X

Renault/Nissan X X X X

Suzuki X X X X

Tata X X X

Toyota X

Volkswagen X X X

Top 10 Sales Parents & Power Steering System Relationships: 2011