EPS and Steering Technology Trends [IHS Data]

Posted by TransTec on October 2, 2019

The power steering market has seen multiple developments in steering technology over the years, but perhaps the largest platform transition in history is happening right now. More rapidly than ever, vehicle manufacturers are changing to a fully electronic power steering assembly in all or a majority of their new year models. Anecdotally, the industry's switch to an EPS platform may not seem like something that needs to be a huge concern for power steering businesses and remanufacturers, but taking a look at the power steering market by the numbers can truly reveal the massive scope of the transition that's going on in our industry.

In this post, we'll provide IHS data and statistics on EPS and steering technology trends in recent and coming years as well as discuss how these trends will affect the future of the aftermarket steering industry.

Read More

Categories: EPS, IHS Data, Electronic Power Steering

CVT Global Industry Production Outlook [IHS Data]

Posted by TransTec on November 28, 2018

Among the debates on how many gears a vehicle needs in 2018, one emerging transmission innovation adds an interesting angle to the conversation. The CVT (continuously variable transmission) is a technology that eliminates the need for a set number of gears, designed instead to shift using infinite gear ratios. Today, CVT transmissions are more well-developed than ever, and manufacturers are starting to understand how to incorporate them into their vehicles. But what kind of market share do CVTs really have, and how can we expect them to impact the transmission industry moving forward? In this blog post, we'll take a look at IHS data that illustrates what CVT industry production looks like today and in the future.

Read More

Categories: Transmission, CVT, IHS Data