Report Detail
Global Electric Power Steering Motor for New Energy Vehicles Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
- RnM4707681 |
- 09 June, 2026 |
- Global |
- 111 Pages |
- GIR |
- Automobile & Transportation
According to our (Global Info Research) latest study, the global Electric Power Steering Motor for New Energy Vehicles market size was valued at US$ 780 million in 2025 and is forecast to a readjusted size of US$ 957 million by 2032 with a CAGR of 3.1% during review period.
An electric power steering (EPS) motor for new energy vehicles is a key actuator in the EPS system that converts electrical energy into mechanical torque to assist vehicle steering. Controlled by the Electronic Control Unit (ECU), it adjusts torque output in real time based on vehicle speed, steering angle, and driver input to achieve lightweight, precise, and intelligent steering performance. These motors are typically based on BLDC or PMSM technologies and are widely used in BEVs and PHEVs, representing a critical component of electrified chassis systems in new energy vehicles. In 2025, global sales of electric power steering motors for new energy vehicles are projected to reach 26.1 million units, with an average selling price of $29 per unit and an industry gross margin range of 15% to 40%. The electric power steering (EPS) motor for new energy vehicles industry chain consists of upstream materials, midstream manufacturing, and downstream automotive applications. Upstream includes rare-earth permanent magnets (NdFeB), silicon steel sheets, copper, and bearings, which directly influence motor efficiency and power density. Midstream covers motor design, winding, rotor-stator assembly, and system integration, where key players include Nidec, Bosch, Mitsuba, and Chinese manufacturers such as DARE Auto. Downstream applications are dominated by OEMs producing BEVs and PHEVs. With the rise of intelligent vehicles, EPS motors are increasingly integrated with ADAS, steer-by-wire, and domain control systems, driving the industry toward higher integration and electrification.
This report is a detailed and comprehensive analysis for global Electric Power Steering Motor for New Energy Vehicles market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electric Power Steering Motor for New Energy Vehicles market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Power Steering Motor for New Energy Vehicles market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Power Steering Motor for New Energy Vehicles market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Power Steering Motor for New Energy Vehicles market shares of main players, shipments in revenue ($ 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 Electric Power Steering Motor for New Energy Vehicles
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 Electric Power Steering Motor for New Energy Vehicles 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 Nidec, ZF, JTEKT, Bosch, NSK, Mitsubishi Electric, Denso, Mando, Mitsuba, Nexteer, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electric Power Steering Motor for New Energy Vehicles 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
Brushed DC Motor
BLDC Motor
PMSM
Market segment by EPS Structure
C-EPS
P-EPS
R-EPS
Others
Market segment by Power
Low Power (<300W)
Medium Power (300–600W)
High Power (>600W)
Market segment by Application
BEV
PHEV
HEV
Major players covered
Nidec
ZF
JTEKT
Bosch
NSK
Mitsubishi Electric
Denso
Mando
Mitsuba
Nexteer
DARE Auto
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 Electric Power Steering Motor for New Energy Vehicles product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Power Steering Motor for New Energy Vehicles, with price, sales quantity, revenue, and global market share of Electric Power Steering Motor for New Energy Vehicles from 2021 to 2026.
Chapter 3, the Electric Power Steering Motor for New Energy Vehicles competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles.
Chapter 14 and 15, to describe Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 Brushed DC Motor
- 1.3.3 BLDC Motor
- 1.3.4 PMSM
- 1.4 Market Analysis by EPS Structure
- 1.4.1 Overview: Global Electric Power Steering Motor for New Energy Vehicles Consumption Value by EPS Structure: 2021 Versus 2025 Versus 2032
- 1.4.2 C-EPS
- 1.4.3 P-EPS
- 1.4.4 R-EPS
- 1.4.5 Others
- 1.5 Market Analysis by Power
- 1.5.1 Overview: Global Electric Power Steering Motor for New Energy Vehicles Consumption Value by Power: 2021 Versus 2025 Versus 2032
- 1.5.2 Low Power (<300W)
- 1.5.3 Medium Power (300–600W)
- 1.5.4 High Power (>600W)
- 1.6 Market Analysis by Application
- 1.6.1 Overview: Global Electric Power Steering Motor for New Energy Vehicles Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.6.2 BEV
- 1.6.3 PHEV
- 1.6.4 HEV
- 1.7 Global Electric Power Steering Motor for New Energy Vehicles Market Size & Forecast
- 1.7.1 Global Electric Power Steering Motor for New Energy Vehicles Consumption Value (2021 & 2025 & 2032)
- 1.7.2 Global Electric Power Steering Motor for New Energy Vehicles Sales Quantity (2021-2032)
- 1.7.3 Global Electric Power Steering Motor for New Energy Vehicles Average Price (2021-2032)
2 Manufacturers Profiles
- 2.1 Nidec
- 2.1.1 Nidec Details
- 2.1.2 Nidec Major Business
- 2.1.3 Nidec Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.1.4 Nidec Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.1.5 Nidec Recent Developments/Updates
- 2.2 ZF
- 2.2.1 ZF Details
- 2.2.2 ZF Major Business
- 2.2.3 ZF Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.2.4 ZF Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.2.5 ZF Recent Developments/Updates
- 2.3 JTEKT
- 2.3.1 JTEKT Details
- 2.3.2 JTEKT Major Business
- 2.3.3 JTEKT Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.3.4 JTEKT Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.3.5 JTEKT Recent Developments/Updates
- 2.4 Bosch
- 2.4.1 Bosch Details
- 2.4.2 Bosch Major Business
- 2.4.3 Bosch Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.4.4 Bosch Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.4.5 Bosch Recent Developments/Updates
- 2.5 NSK
- 2.5.1 NSK Details
- 2.5.2 NSK Major Business
- 2.5.3 NSK Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.5.4 NSK Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.5.5 NSK Recent Developments/Updates
- 2.6 Mitsubishi Electric
- 2.6.1 Mitsubishi Electric Details
- 2.6.2 Mitsubishi Electric Major Business
- 2.6.3 Mitsubishi Electric Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.6.4 Mitsubishi Electric Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.6.5 Mitsubishi Electric Recent Developments/Updates
- 2.7 Denso
- 2.7.1 Denso Details
- 2.7.2 Denso Major Business
- 2.7.3 Denso Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.7.4 Denso Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.7.5 Denso Recent Developments/Updates
- 2.8 Mando
- 2.8.1 Mando Details
- 2.8.2 Mando Major Business
- 2.8.3 Mando Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.8.4 Mando Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.8.5 Mando Recent Developments/Updates
- 2.9 Mitsuba
- 2.9.1 Mitsuba Details
- 2.9.2 Mitsuba Major Business
- 2.9.3 Mitsuba Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.9.4 Mitsuba Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.9.5 Mitsuba Recent Developments/Updates
- 2.10 Nexteer
- 2.10.1 Nexteer Details
- 2.10.2 Nexteer Major Business
- 2.10.3 Nexteer Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.10.4 Nexteer Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.10.5 Nexteer Recent Developments/Updates
- 2.11 DARE Auto
- 2.11.1 DARE Auto Details
- 2.11.2 DARE Auto Major Business
- 2.11.3 DARE Auto Electric Power Steering Motor for New Energy Vehicles Product and Services
- 2.11.4 DARE Auto Electric Power Steering Motor for New Energy Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.11.5 DARE Auto Recent Developments/Updates
3 Competitive Environment: Electric Power Steering Motor for New Energy Vehicles by Manufacturer
- 3.1 Global Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Manufacturer (2021-2026)
- 3.2 Global Electric Power Steering Motor for New Energy Vehicles Revenue by Manufacturer (2021-2026)
- 3.3 Global Electric Power Steering Motor for New Energy Vehicles Average Price by Manufacturer (2021-2026)
- 3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of Electric Power Steering Motor for New Energy Vehicles by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 Electric Power Steering Motor for New Energy Vehicles Manufacturer Market Share in 2025
- 3.4.3 Top 6 Electric Power Steering Motor for New Energy Vehicles Manufacturer Market Share in 2025
- 3.5 Electric Power Steering Motor for New Energy Vehicles Market: Overall Company Footprint Analysis
- 3.5.1 Electric Power Steering Motor for New Energy Vehicles Market: Region Footprint
- 3.5.2 Electric Power Steering Motor for New Energy Vehicles Market: Company Product Type Footprint
- 3.5.3 Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles Market Size by Region
- 4.1.1 Global Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Region (2021-2032)
- 4.1.2 Global Electric Power Steering Motor for New Energy Vehicles Consumption Value by Region (2021-2032)
- 4.1.3 Global Electric Power Steering Motor for New Energy Vehicles Average Price by Region (2021-2032)
- 4.2 North America Electric Power Steering Motor for New Energy Vehicles Consumption Value (2021-2032)
- 4.3 Europe Electric Power Steering Motor for New Energy Vehicles Consumption Value (2021-2032)
- 4.4 Asia-Pacific Electric Power Steering Motor for New Energy Vehicles Consumption Value (2021-2032)
- 4.5 South America Electric Power Steering Motor for New Energy Vehicles Consumption Value (2021-2032)
- 4.6 Middle East & Africa Electric Power Steering Motor for New Energy Vehicles Consumption Value (2021-2032)
5 Market Segment by Type
- 5.1 Global Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Type (2021-2032)
- 5.2 Global Electric Power Steering Motor for New Energy Vehicles Consumption Value by Type (2021-2032)
- 5.3 Global Electric Power Steering Motor for New Energy Vehicles Average Price by Type (2021-2032)
6 Market Segment by Application
- 6.1 Global Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Application (2021-2032)
- 6.2 Global Electric Power Steering Motor for New Energy Vehicles Consumption Value by Application (2021-2032)
- 6.3 Global Electric Power Steering Motor for New Energy Vehicles Average Price by Application (2021-2032)
7 North America
- 7.1 North America Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Type (2021-2032)
- 7.2 North America Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Application (2021-2032)
- 7.3 North America Electric Power Steering Motor for New Energy Vehicles Market Size by Country
- 7.3.1 North America Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Country (2021-2032)
- 7.3.2 North America Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Type (2021-2032)
- 8.2 Europe Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Application (2021-2032)
- 8.3 Europe Electric Power Steering Motor for New Energy Vehicles Market Size by Country
- 8.3.1 Europe Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Country (2021-2032)
- 8.3.2 Europe Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Type (2021-2032)
- 9.2 Asia-Pacific Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Application (2021-2032)
- 9.3 Asia-Pacific Electric Power Steering Motor for New Energy Vehicles Market Size by Region
- 9.3.1 Asia-Pacific Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Type (2021-2032)
- 10.2 South America Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Application (2021-2032)
- 10.3 South America Electric Power Steering Motor for New Energy Vehicles Market Size by Country
- 10.3.1 South America Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Country (2021-2032)
- 10.3.2 South America Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Type (2021-2032)
- 11.2 Middle East & Africa Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Application (2021-2032)
- 11.3 Middle East & Africa Electric Power Steering Motor for New Energy Vehicles Market Size by Country
- 11.3.1 Middle East & Africa Electric Power Steering Motor for New Energy Vehicles Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles Market Drivers
- 12.2 Electric Power Steering Motor for New Energy Vehicles Market Restraints
- 12.3 Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Electric Power Steering Motor for New Energy Vehicles
- 13.3 Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles Typical Distributors
- 14.3 Electric Power Steering Motor for New Energy Vehicles 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 Electric Power Steering Motor for New Energy Vehicles. Industry analysis & Market Report on Electric Power Steering Motor for New Energy Vehicles is a syndicated market report, published as Global Electric Power Steering Motor for New Energy Vehicles Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Electric Power Steering Motor for New Energy Vehicles market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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