Report Detail
Global Automotive Electric Power Steering Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
- RnM4686123 |
- 19 March, 2026 |
- Global |
- 123 Pages |
- GIR |
- Automobile & Transportation
According to our (Global Info Research) latest study, the global Automotive Electric Power Steering market size was valued at US$ 19620 million in 2025 and is forecast to a readjusted size of US$ 22650 million by 2032 with a CAGR of 2.1% during review period.
In 2024, global Automotive Electric Power Steering production reached approximately 74.32 million units, with an average global market price of around US$ 247 per unit.
Automotive Electric Power Steering (EPS) is a system that assists the driver in steering the vehicle by using an electric motor instead of a traditional hydraulic pump. It adjusts the level of steering assistance based on vehicle speed and driving conditions, enhancing both control and fuel efficiency. EPS systems typically include components such as an electric motor, control unit, torque sensors, and steering gear, allowing for more precise and responsive handling.
The automotive electric power steering market represents a key segment in the broader automotive components industry, closely linked to trends in vehicle electrification, safety regulations, and driver assistance technologies. As automotive manufacturers seek to reduce fuel consumption and emissions, EPS systems have increasingly replaced hydraulic systems due to their superior efficiency and ease of integration with electronic control units. EPS not only supports steering but also enables features such as lane-keeping assist, automatic parking, and advanced driver assistance systems (ADAS). The market is driven by the growing demand for intelligent steering solutions in both internal combustion engine vehicles and electric vehicles. In addition, the need for weight reduction, lower maintenance costs, and enhanced driving experience further promotes the adoption of EPS across various vehicle segments. With continuous advancements in sensor technology and software algorithms, EPS systems are expected to play an even more central role in the transition to autonomous and semi-autonomous vehicles.
This report is a detailed and comprehensive analysis for global Automotive Electric Power Steering market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Automotive Electric Power Steering market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Automotive Electric Power Steering market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Automotive Electric Power Steering market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Automotive Electric Power Steering market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Electric Power Steering
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Electric Power Steering market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo, Hyundai Mobis, Thyssenkrupp, HL Mando, CAAS, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Automotive Electric Power Steering market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
C-EPS
P-EPS
DP-EPS
R-EPS
Market segment by Application
Passenger Car
Commercial Vehicle
Major players covered
JTEKT
Bosch
Nexteer
ZF
NSK
Hitachi Astemo
Hyundai Mobis
Thyssenkrupp
HL Mando
CAAS
Zhuzhou Elite
Yubei
Zhejiang Shibao
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Electric Power Steering product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Electric Power Steering, with price, sales quantity, revenue, and global market share of Automotive Electric Power Steering from 2021 to 2026.
Chapter 3, the Automotive Electric Power Steering competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Electric Power Steering breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Automotive Electric Power Steering market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Electric Power Steering.
Chapter 14 and 15, to describe Automotive Electric Power Steering sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Automotive Electric Power Steering Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 C-EPS
- 1.3.3 P-EPS
- 1.3.4 DP-EPS
- 1.3.5 R-EPS
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Automotive Electric Power Steering Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.4.2 Passenger Car
- 1.4.3 Commercial Vehicle
- 1.5 Global Automotive Electric Power Steering Market Size & Forecast
- 1.5.1 Global Automotive Electric Power Steering Consumption Value (2021 & 2025 & 2032)
- 1.5.2 Global Automotive Electric Power Steering Sales Quantity (2021-2032)
- 1.5.3 Global Automotive Electric Power Steering Average Price (2021-2032)
2 Manufacturers Profiles
- 2.1 JTEKT
- 2.1.1 JTEKT Details
- 2.1.2 JTEKT Major Business
- 2.1.3 JTEKT Automotive Electric Power Steering Product and Services
- 2.1.4 JTEKT Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.1.5 JTEKT Recent Developments/Updates
- 2.2 Bosch
- 2.2.1 Bosch Details
- 2.2.2 Bosch Major Business
- 2.2.3 Bosch Automotive Electric Power Steering Product and Services
- 2.2.4 Bosch Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.2.5 Bosch Recent Developments/Updates
- 2.3 Nexteer
- 2.3.1 Nexteer Details
- 2.3.2 Nexteer Major Business
- 2.3.3 Nexteer Automotive Electric Power Steering Product and Services
- 2.3.4 Nexteer Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.3.5 Nexteer Recent Developments/Updates
- 2.4 ZF
- 2.4.1 ZF Details
- 2.4.2 ZF Major Business
- 2.4.3 ZF Automotive Electric Power Steering Product and Services
- 2.4.4 ZF Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.4.5 ZF Recent Developments/Updates
- 2.5 NSK
- 2.5.1 NSK Details
- 2.5.2 NSK Major Business
- 2.5.3 NSK Automotive Electric Power Steering Product and Services
- 2.5.4 NSK Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.5.5 NSK Recent Developments/Updates
- 2.6 Hitachi Astemo
- 2.6.1 Hitachi Astemo Details
- 2.6.2 Hitachi Astemo Major Business
- 2.6.3 Hitachi Astemo Automotive Electric Power Steering Product and Services
- 2.6.4 Hitachi Astemo Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.6.5 Hitachi Astemo Recent Developments/Updates
- 2.7 Hyundai Mobis
- 2.7.1 Hyundai Mobis Details
- 2.7.2 Hyundai Mobis Major Business
- 2.7.3 Hyundai Mobis Automotive Electric Power Steering Product and Services
- 2.7.4 Hyundai Mobis Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.7.5 Hyundai Mobis Recent Developments/Updates
- 2.8 Thyssenkrupp
- 2.8.1 Thyssenkrupp Details
- 2.8.2 Thyssenkrupp Major Business
- 2.8.3 Thyssenkrupp Automotive Electric Power Steering Product and Services
- 2.8.4 Thyssenkrupp Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.8.5 Thyssenkrupp Recent Developments/Updates
- 2.9 HL Mando
- 2.9.1 HL Mando Details
- 2.9.2 HL Mando Major Business
- 2.9.3 HL Mando Automotive Electric Power Steering Product and Services
- 2.9.4 HL Mando Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.9.5 HL Mando Recent Developments/Updates
- 2.10 CAAS
- 2.10.1 CAAS Details
- 2.10.2 CAAS Major Business
- 2.10.3 CAAS Automotive Electric Power Steering Product and Services
- 2.10.4 CAAS Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.10.5 CAAS Recent Developments/Updates
- 2.11 Zhuzhou Elite
- 2.11.1 Zhuzhou Elite Details
- 2.11.2 Zhuzhou Elite Major Business
- 2.11.3 Zhuzhou Elite Automotive Electric Power Steering Product and Services
- 2.11.4 Zhuzhou Elite Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.11.5 Zhuzhou Elite Recent Developments/Updates
- 2.12 Yubei
- 2.12.1 Yubei Details
- 2.12.2 Yubei Major Business
- 2.12.3 Yubei Automotive Electric Power Steering Product and Services
- 2.12.4 Yubei Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.12.5 Yubei Recent Developments/Updates
- 2.13 Zhejiang Shibao
- 2.13.1 Zhejiang Shibao Details
- 2.13.2 Zhejiang Shibao Major Business
- 2.13.3 Zhejiang Shibao Automotive Electric Power Steering Product and Services
- 2.13.4 Zhejiang Shibao Automotive Electric Power Steering Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.13.5 Zhejiang Shibao Recent Developments/Updates
3 Competitive Environment: Automotive Electric Power Steering by Manufacturer
- 3.1 Global Automotive Electric Power Steering Sales Quantity by Manufacturer (2021-2026)
- 3.2 Global Automotive Electric Power Steering Revenue by Manufacturer (2021-2026)
- 3.3 Global Automotive Electric Power Steering Average Price by Manufacturer (2021-2026)
- 3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of Automotive Electric Power Steering by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 Automotive Electric Power Steering Manufacturer Market Share in 2025
- 3.4.3 Top 6 Automotive Electric Power Steering Manufacturer Market Share in 2025
- 3.5 Automotive Electric Power Steering Market: Overall Company Footprint Analysis
- 3.5.1 Automotive Electric Power Steering Market: Region Footprint
- 3.5.2 Automotive Electric Power Steering Market: Company Product Type Footprint
- 3.5.3 Automotive Electric Power Steering Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Automotive Electric Power Steering Market Size by Region
- 4.1.1 Global Automotive Electric Power Steering Sales Quantity by Region (2021-2032)
- 4.1.2 Global Automotive Electric Power Steering Consumption Value by Region (2021-2032)
- 4.1.3 Global Automotive Electric Power Steering Average Price by Region (2021-2032)
- 4.2 North America Automotive Electric Power Steering Consumption Value (2021-2032)
- 4.3 Europe Automotive Electric Power Steering Consumption Value (2021-2032)
- 4.4 Asia-Pacific Automotive Electric Power Steering Consumption Value (2021-2032)
- 4.5 South America Automotive Electric Power Steering Consumption Value (2021-2032)
- 4.6 Middle East & Africa Automotive Electric Power Steering Consumption Value (2021-2032)
5 Market Segment by Type
- 5.1 Global Automotive Electric Power Steering Sales Quantity by Type (2021-2032)
- 5.2 Global Automotive Electric Power Steering Consumption Value by Type (2021-2032)
- 5.3 Global Automotive Electric Power Steering Average Price by Type (2021-2032)
6 Market Segment by Application
- 6.1 Global Automotive Electric Power Steering Sales Quantity by Application (2021-2032)
- 6.2 Global Automotive Electric Power Steering Consumption Value by Application (2021-2032)
- 6.3 Global Automotive Electric Power Steering Average Price by Application (2021-2032)
7 North America
- 7.1 North America Automotive Electric Power Steering Sales Quantity by Type (2021-2032)
- 7.2 North America Automotive Electric Power Steering Sales Quantity by Application (2021-2032)
- 7.3 North America Automotive Electric Power Steering Market Size by Country
- 7.3.1 North America Automotive Electric Power Steering Sales Quantity by Country (2021-2032)
- 7.3.2 North America Automotive Electric Power Steering Consumption Value by Country (2021-2032)
- 7.3.3 United States Market Size and Forecast (2021-2032)
- 7.3.4 Canada Market Size and Forecast (2021-2032)
- 7.3.5 Mexico Market Size and Forecast (2021-2032)
8 Europe
- 8.1 Europe Automotive Electric Power Steering Sales Quantity by Type (2021-2032)
- 8.2 Europe Automotive Electric Power Steering Sales Quantity by Application (2021-2032)
- 8.3 Europe Automotive Electric Power Steering Market Size by Country
- 8.3.1 Europe Automotive Electric Power Steering Sales Quantity by Country (2021-2032)
- 8.3.2 Europe Automotive Electric Power Steering Consumption Value by Country (2021-2032)
- 8.3.3 Germany Market Size and Forecast (2021-2032)
- 8.3.4 France Market Size and Forecast (2021-2032)
- 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
- 8.3.6 Russia Market Size and Forecast (2021-2032)
- 8.3.7 Italy Market Size and Forecast (2021-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Automotive Electric Power Steering Sales Quantity by Type (2021-2032)
- 9.2 Asia-Pacific Automotive Electric Power Steering Sales Quantity by Application (2021-2032)
- 9.3 Asia-Pacific Automotive Electric Power Steering Market Size by Region
- 9.3.1 Asia-Pacific Automotive Electric Power Steering Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific Automotive Electric Power Steering Consumption Value by Region (2021-2032)
- 9.3.3 China Market Size and Forecast (2021-2032)
- 9.3.4 Japan Market Size and Forecast (2021-2032)
- 9.3.5 South Korea Market Size and Forecast (2021-2032)
- 9.3.6 India Market Size and Forecast (2021-2032)
- 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
- 9.3.8 Australia Market Size and Forecast (2021-2032)
10 South America
- 10.1 South America Automotive Electric Power Steering Sales Quantity by Type (2021-2032)
- 10.2 South America Automotive Electric Power Steering Sales Quantity by Application (2021-2032)
- 10.3 South America Automotive Electric Power Steering Market Size by Country
- 10.3.1 South America Automotive Electric Power Steering Sales Quantity by Country (2021-2032)
- 10.3.2 South America Automotive Electric Power Steering Consumption Value by Country (2021-2032)
- 10.3.3 Brazil Market Size and Forecast (2021-2032)
- 10.3.4 Argentina Market Size and Forecast (2021-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Automotive Electric Power Steering Sales Quantity by Type (2021-2032)
- 11.2 Middle East & Africa Automotive Electric Power Steering Sales Quantity by Application (2021-2032)
- 11.3 Middle East & Africa Automotive Electric Power Steering Market Size by Country
- 11.3.1 Middle East & Africa Automotive Electric Power Steering Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa Automotive Electric Power Steering Consumption Value by Country (2021-2032)
- 11.3.3 Turkey Market Size and Forecast (2021-2032)
- 11.3.4 Egypt Market Size and Forecast (2021-2032)
- 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
- 11.3.6 South Africa Market Size and Forecast (2021-2032)
12 Market Dynamics
- 12.1 Automotive Electric Power Steering Market Drivers
- 12.2 Automotive Electric Power Steering Market Restraints
- 12.3 Automotive Electric Power Steering Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Automotive Electric Power Steering and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Automotive Electric Power Steering
- 13.3 Automotive Electric Power Steering Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Automotive Electric Power Steering Typical Distributors
- 14.3 Automotive Electric Power Steering Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Automotive Electric Power Steering. Industry analysis & Market Report on Automotive Electric Power Steering is a syndicated market report, published as Global Automotive Electric Power Steering Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Automotive Electric Power Steering market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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