Electric Power Steering Market Report 2026
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Published : February 2026

Pages : 200

Format : PDF

Delivery Time : 2-3 Business Days

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Electric Power Steering Market Report 2026

Global Outlook – By Type (R-EPS, P-EPS, C-EPS), By Component (Steering Column, Sensors, Steering Gear, Mechanical Rack And Pinion, Electronic Control Unit, Electric Motor), By Electric Motor (Brush Motor, Brushless Motor), By Application (Passenger Cars (PC), Commercial Vehicles (CV)) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Electric Power Steering Market Overview

• Electric Power Steering market size has reached to $30.33 billion in 2025

• Expected to grow to $42.29 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%

• Growth Driver: The Surge In Electric Vehicle Demand Fuels Growth In The Electric Power Steering Market

• Market Trend: Column-Type EPS-PP Revolutionizes Electric Power Steering Market With Enhanced Performance And Cost Efficiency

• Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Electric Power Steering Market?

Electric power steering refers to a mechanical system that uses an electric motor to draw energy from the vehicle's electric system to assist the steering wheel. It is used to provide steering assistance to the driver of a vehicle. This technology enhances maneuverability and control, particularly at low speeds, while also improving fuel efficiency by reducing the energy required for steering compared to traditional hydraulic systems.

The main types of electric power steering market are R-EPS, P-EPS and C-EPS. R-EPS is an assisted unit that connects to the steering rack and these units are capable of steering mid-sized vehicles to full-size trucks and are designed to withstand high environmental exposure and temperature. The various components involve the steering column, sensors, steering gear, mechanical rack and pinion, electronic control unit, electric motor and bearing, which involve electric motor of various types such as brush motor and a brushless motor. The mechanisms are rigid and collapsible that is used in various applications such as passenger cars and commercial vehicles.

Electric Power Steering Market Global Report market report bar graph

What Is The Electric Power Steering Market Size and Share 2026?

The electric power steering market size has grown strongly in recent years. It will grow from $30.33 billion in 2025 to $32.37 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to fuel efficiency regulations, passenger vehicle production growth, adoption of power-assisted steering, reduction of hydraulic systems, demand for better maneuverability.

What Is The Electric Power Steering Market Growth Forecast?

The electric power steering market size is expected to see strong growth in the next few years. It will grow to $42.29 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to steer-by-wire development, electric vehicle adoption, autonomous driving integration, demand for energy-efficient components, software-defined steering systems. Major trends in the forecast period include shift from hydraulic to electric steering, integration of advanced steering sensors, adoption of brushless motors, demand for lightweight steering systems, increased use in compact vehicles.

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Global Electric Power Steering Market Segmentation

1) By Type: R-EPS, P-EPS, C-EPS

2) By Component: Steering Column, Sensors, Steering Gear, Mechanical Rack And Pinion, Electronic Control Unit, Electric Motor

3) By Electric Motor: Brush Motor, Brushless Motor

4) By Application: Passenger Cars (PC), Commercial Vehicles (CV)

Subsegments:

1) By R-EPS (Rack Electric Power Steering): Integrated R-EPS Systems, Standalone R-EPS Systems

2) By P-EPS (Column Electric Power Steering): Electric Column Assist Systems, Electric Power-Assisted Column Systems

3) By C-EPS (Combo Electric Power Steering): Hybrid Systems, Advanced Control Systems

What Is The Driver Of The Electric Power Steering Market?

The increasing demand for electric vehicles across the world is expected to propel the growth of the electric power steering market going forward. Electric vehicles are vehicles that consist of a motor that is powered by electricity stored in batteries. Additionally, with defense against COVID-19 and aspirations to achieve net-zero emissions, EVs and hybrid vehicles are suddenly adopted. With electric power steering being the primary component in electric vehicles, an increase in electric vehicles necessitates more electric power steering, which raises demand for the electric power steering market. For instance, in July 2023, according to the International Energy Agency, a France-based intergovernmental organization, sales of electric vehicles were 10 million in 2022, and there will be an increase to 14 million sales of electric vehicles in 2023. Therefore, the increasing demand for electric vehicles is driving the growth of the electric power steering industry.

What Is The Driver Of The Electric Power Steering Market?

The increasing demand for electric vehicles across the world is expected to propel the growth of the electric power steering market going forward. Electric vehicles are vehicles that consist of a motor that is powered by electricity stored in batteries. Additionally, with defense against COVID-19 and aspirations to achieve net-zero emissions, EVs and hybrid vehicles are suddenly adopted. With electric power steering being the primary component in electric vehicles, an increase in electric vehicles necessitates more electric power steering, which raises demand for the electric power steering market. For instance, in July 2023, according to the International Energy Agency, a France-based intergovernmental organization, sales of electric vehicles were 10 million in 2022, and there will be an increase to 14 million sales of electric vehicles in 2023. Therefore, the increasing demand for electric vehicles is driving the growth of the electric power steering industry.

Global Electric Power Steering Market Trends and Insights

Major companies operating in the electric power steering market are focused on developing innovative electric power steering motor power pack (EPS-PP) products, such as the Column-Type EPS-PP, to meet larger customer bases and increase revenue. A Column-Type Electric Power Steering Motor Power Pack (EPS-PP) refers to an advanced system that specifically addresses the steering requirements of electric power steering units, ensuring smooth steering performance while emphasizing cost efficiency and reducing friction and torque ripple, particularly in the context of Advanced Driver Assistance Systems (ADAS). For instance, in June 2023, Nidec Corporation, a Japan-based automotive product manufacturing company, introduced column-type EPS units to deliver smooth steering equivalent to rack-type units, all while meeting market expectations for cost reduction. Nidec's EPS-PP not only detects but also corrects motor and EPS unit friction and torque ripple in real-time, effectively resolving concerns related to artificial steering sensations. This achievement allows Nidec to optimize cost-efficiency in addressing these issues and reduce costs while maintaining the power pack's high performance. Additionally, the new product facilitates cost savings on motor materials by utilizing lower-grade alternatives, such as replacing traditional electromagnetic steel sheets to mitigate friction-induced loss torque.

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What Are Latest Mergers And Acquisitions In The Electric Power Steering Market?

In March 2024, ZF Friedrichshafen AG, a Germany based automotive company, acquired a majority stake in Rane Steering Systems Private Limited for an undisclosed amount. With this acquisition, ZF aims to expand its passenger-car and commercial-vehicle electric steering and chassis business in India, accelerate product introduction and localization of advanced steering technologies, and strengthen its presence in a high-growth market. Rane Steering Systems Private Limited is an India based manufacturer of steering systems including electric power steering (EPS) columns and other steering gear components.

Regional Outlook

Asia-Pacific was the largest region in the electric power steering market share in 2025 and is expected to be the fastest-growing region in the forecast period. The regions covered in this market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Electric Power Steering Market?

The electric power steering market consists of sales of hydroelectric steering, electric steering, and steer-by-wire steering. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Electric Power Steering Market Report 2026?

The electric power steering market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the electric power steering industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Abhilash Pyata

Electric Power Steering Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $32.37 billion
Revenue Forecast In 2035 $42.29 billion
Growth Rate CAGR of 6.7% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Type, Component, Electric Motor, Application
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Robert Bosch GmbH, JTEKT Corporation, Nexteer Automotive Group Limited, ZF Friedrichshafen AG, NSK Steering Systems Pvt. Ltd., Mando Corporation, Hyundai Mobis Co Ltd., Showa Corporation, Hitachi Astemo Ltd., Denso Corporation, China Automotive System, KYB Corporation, Thyssenkrupp AG, Delphi Technologies, Tenneco Inc., GKN Driveline Service GmbH, Zhejiang Shibao Company Limited, Jilin Dongfeng Power Co. Ltd., Chongqing Jianshe Automobile Electric Co. Ltd., Hella GmbH & Co. KGaA, Valeo Group, Magna International Inc., Huayu Automotive Systems Co. Ltd., Jiangsu Dajiang Automotive Electric Motor Co. Ltd.
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Electric Power Steering Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Electric Power Steering Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Electric Power Steering Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Electric Power Steering Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Electric Mobility & Transportation Electrification

4.1.2 Autonomous Systems, Robotics & Smart Mobility

4.1.3 Industry 4.0 & Intelligent Manufacturing

4.1.4 Digitalization, Cloud, Big Data & Cybersecurity

4.1.5 Sustainability, Climate Tech & Circular Economy

4.2. Major Trends

4.2.1 Shift From Hydraulic To Electric Steering

4.2.2 Integration Of Advanced Steering Sensors

4.2.3 Adoption Of Brushless Motors

4.2.4 Demand For Lightweight Steering Systems

4.2.5 Increased Use In Compact Vehicles

5. Electric Power Steering Market Analysis Of End Use Industries

5.1 Passenger Vehicle Manufacturers

5.2 Commercial Vehicle Manufacturers

5.3 Automotive Oems

5.4 Automotive Tier-1 Suppliers

5.5 Fleet Operators

6. Electric Power Steering Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Electric Power Steering Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Electric Power Steering PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Electric Power Steering Market Size, Comparisons And Growth Rate Analysis

7.3. Global Electric Power Steering Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Electric Power Steering Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Electric Power Steering Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Electric Power Steering Market Segmentation

9.1. Global Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

R-EPS, P-EPS, C-EPS

9.2. Global Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Steering Column, Sensors, Steering Gear, Mechanical Rack And Pinion, Electronic Control Unit, Electric Motor

9.3. Global Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Brush Motor, Brushless Motor

9.4. Global Electric Power Steering Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Passenger Cars (PC), Commercial Vehicles (CV)

9.5. Global Electric Power Steering Market, Sub-Segmentation Of R-EPS, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Integrated R-EPS Systems, Standalone R-EPS Systems

9.6. Global Electric Power Steering Market, Sub-Segmentation Of P-EPS, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Electric Column Assist Systems, Electric Power-Assisted Column Systems

9.7. Global Electric Power Steering Market, Sub-Segmentation Of C-EPS, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Hybrid Systems, Advanced Control Systems

10. Electric Power Steering Market Regional And Country Analysis

10.1. Global Electric Power Steering Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Electric Power Steering Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Electric Power Steering Market

11.1. Asia-Pacific Electric Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Electric Power Steering Market

12.1. China Electric Power Steering Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Electric Power Steering Market

13.1. India Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Electric Power Steering Market

14.1. Japan Electric Power Steering Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Electric Power Steering Market

15.1. Australia Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Electric Power Steering Market

16.1. Indonesia Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Electric Power Steering Market

17.1. South Korea Electric Power Steering Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Electric Power Steering Market

18.1. Taiwan Electric Power Steering Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Electric Power Steering Market

19.1. South East Asia Electric Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Electric Power Steering Market

20.1. Western Europe Electric Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Electric Power Steering Market

21.1. UK Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Electric Power Steering Market

22.1. Germany Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Electric Power Steering Market

23.1. France Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Electric Power Steering Market

24.1. Italy Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Electric Power Steering Market

25.1. Spain Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Electric Power Steering Market

26.1. Eastern Europe Electric Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Electric Power Steering Market

27.1. Russia Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Electric Power Steering Market

28.1. North America Electric Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Electric Power Steering Market

29.1. USA Electric Power Steering Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Electric Power Steering Market

30.1. Canada Electric Power Steering Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Electric Power Steering Market

31.1. South America Electric Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Electric Power Steering Market

32.1. Brazil Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Electric Power Steering Market

33.1. Middle East Electric Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Electric Power Steering Market

34.1. Africa Electric Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Electric Power Steering Market, Segmentation By Type, Segmentation By Component, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Electric Power Steering Market Regulatory and Investment Landscape

36. Electric Power Steering Market Competitive Landscape And Company Profiles

36.1. Electric Power Steering Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Electric Power Steering Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Electric Power Steering Market Company Profiles

36.3.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis

36.3.2. JTEKT Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Nexteer Automotive Group Limited Overview, Products and Services, Strategy and Financial Analysis

36.3.4. ZF Friedrichshafen AG Overview, Products and Services, Strategy and Financial Analysis

36.3.5. NSK Steering Systems Pvt. Ltd. Overview, Products and Services, Strategy and Financial Analysis

37. Electric Power Steering Market Other Major And Innovative Companies

Mando Corporation, Hyundai Mobis Co Ltd., Showa Corporation, Hitachi Astemo Ltd., Denso Corporation, China Automotive System, KYB Corporation, Thyssenkrupp AG, Delphi Technologies, Tenneco Inc., GKN Driveline Service GmbH, Zhejiang Shibao Company Limited, Jilin Dongfeng Power Co. Ltd., Chongqing Jianshe Automobile Electric Co. Ltd., Hella GmbH & Co. KGaA

38. Global Electric Power Steering Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Electric Power Steering Market

40. Electric Power Steering Market High Potential Countries, Segments and Strategies

40.1 Electric Power Steering Market In 2030 - Countries Offering Most New Opportunities

40.2 Electric Power Steering Market In 2030 - Segments Offering Most New Opportunities

40.3 Electric Power Steering Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Electric Power Steering Market, Overview Of Key Products - Product Examples
  • Table 2: Global Electric Power Steering Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Electric Power Steering Market, Supply Chain Analysis
  • Table 4: Global Electric Power Steering Market, Major Raw Material Providers
  • Table 5: Global Electric Power Steering Market, Major Resource Providers
  • Table 6: Global Electric Power Steering Market, Major Manufacturers (Suppliers)
  • Table 7: Global Electric Power Steering Market, Major Distributors And Channel Partners
  • Table 8: Global Electric Power Steering Market, Key Technologies & Future Trends
  • Table 9: Global Electric Power Steering Market, Major Trends
  • Table 10: Global Electric Power Steering Market, Major End Users
  • Table 11: Global Electric Power Steering Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Electric Power Steering Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Electric Power Steering Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Electric Power Steering Market - TAM, US$ Billion, 2025
  • Table 15: Global Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Electric Power Steering Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Electric Power Steering Market, Sub-Segmentation Of R-EPS, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Electric Power Steering Market, Sub-Segmentation Of P-EPS, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Electric Power Steering Market, Sub-Segmentation Of C-EPS, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Electric Power Steering Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Global Electric Power Steering Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Asia-Pacific, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Asia-Pacific, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: Asia-Pacific, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: China, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: China, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: China, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: India, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: India, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: India, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: Japan, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: Japan, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Japan, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Australia, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Australia, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Australia, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Indonesia, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Indonesia, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: Indonesia, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: South Korea, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: South Korea, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: South Korea, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: Taiwan, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: Taiwan, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: Taiwan, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: South East Asia, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: South East Asia, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: South East Asia, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: Western Europe, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: Western Europe, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: Western Europe, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: UK, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: UK, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: UK, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: Germany, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: Germany, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: Germany, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: France, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: France, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: France, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: Italy, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: Italy, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Italy, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Spain, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Spain, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Spain, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Eastern Europe, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Eastern Europe, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Eastern Europe, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Russia, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Russia, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: Russia, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: North America, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: North America, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: North America, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: USA, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: USA, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: USA, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: Canada, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: Canada, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: Canada, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: South America, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: South America, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: South America, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: Brazil, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: Brazil, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Brazil, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Middle East, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Middle East, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Middle East, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Africa, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Africa, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Africa, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 96: Global Electric Power Steering Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 97: Global Electric Power Steering Market - Company Scoring Matrix
  • Table 98: Robert Bosch GmbH Financial Performance
  • Table 99: JTEKT Corporation Financial Performance
  • Table 100: Nexteer Automotive Group Limited Financial Performance
  • Table 101: ZF Friedrichshafen AG Financial Performance
  • Table 102: NSK Steering Systems Pvt. Ltd. Financial Performance
  • Table 103: Global Electric Power Steering Market, Competitive Benchmarking (In USD Billions)
  • Table 104: Global Electric Power Steering Market, Competitive Dashboard
  • Table 105: Global Electric Power Steering Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 106: Global, Electric Power Steering Market Size Gain ($ Billion), Segmentation By Type, 2025 – 2030
  • Table 107: Global, Electric Power Steering Market Size Gain ($ Billion), Segmentation By Component, 2025 – 2030
  • Table 108: Global, Electric Power Steering Market Size Gain ($ Billion), Segmentation By Electric Motor, 2025 – 2030

List Of Figures

    Figure 1: Global Electric Power Steering Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Electric Power Steering Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Electric Power Steering Market, Supply Chain Analysis
  • Figure 4: Global Electric Power Steering Market, Major Raw Material Providers
  • Figure 5: Global Electric Power Steering Market, Major Resource Providers
  • Figure 6: Global Electric Power Steering Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Electric Power Steering Market, Major Distributors And Channel Partners
  • Figure 8: Global Electric Power Steering Market, Key Technologies & Future Trends
  • Figure 9: Global Electric Power Steering Market, Major Trends
  • Figure 10: Global Electric Power Steering Market, Major End Users
  • Figure 11: Global Electric Power Steering Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Electric Power Steering Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Electric Power Steering Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Electric Power Steering Market - TAM, US$ Billion, 2025
  • Figure 15: Global Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Electric Power Steering Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Electric Power Steering Market, Sub-Segmentation Of R-EPS, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Electric Power Steering Market, Sub-Segmentation Of P-EPS, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Electric Power Steering Market, Sub-Segmentation Of C-EPS, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Electric Power Steering Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Global Electric Power Steering Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Asia-Pacific, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Asia-Pacific, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: Asia-Pacific, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: China, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: China, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: China, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: India, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: India, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: India, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: Japan, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: Japan, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Japan, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Australia, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Australia, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Australia, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Indonesia, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Indonesia, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: Indonesia, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: South Korea, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: South Korea, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: South Korea, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: Taiwan, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: Taiwan, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: Taiwan, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: South East Asia, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: South East Asia, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: South East Asia, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: Western Europe, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: Western Europe, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: Western Europe, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: UK, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: UK, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: UK, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: Germany, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: Germany, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: Germany, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: France, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: France, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: France, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: Italy, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: Italy, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Italy, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Spain, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Spain, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Spain, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Eastern Europe, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Eastern Europe, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Eastern Europe, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Russia, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Russia, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: Russia, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: North America, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: North America, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: North America, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: USA, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: USA, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: USA, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: Canada, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: Canada, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: Canada, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: South America, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: South America, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: South America, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: Brazil, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: Brazil, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Brazil, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Middle East, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Middle East, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Middle East, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Africa, Electric Power Steering Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Africa, Electric Power Steering Market, Segmentation By Component, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Africa, Electric Power Steering Market, Segmentation By Electric Motor, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 96: Global Electric Power Steering Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 97: Global Electric Power Steering Market - Company Scoring Matrix
  • Figure 98: Robert Bosch GmbH Financial Performance
  • Figure 99: JTEKT Corporation Financial Performance
  • Figure 100: Nexteer Automotive Group Limited Financial Performance
  • Figure 101: ZF Friedrichshafen AG Financial Performance
  • Figure 102: NSK Steering Systems Pvt. Ltd. Financial Performance
  • Figure 103: Global Electric Power Steering Market, Competitive Benchmarking (In USD Billions)
  • Figure 104: Global Electric Power Steering Market, Competitive Dashboard
  • Figure 105: Global Electric Power Steering Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 106: Global, Electric Power Steering Market Size Gain ($ Billion), Segmentation By Type, 2025 – 2030
  • Figure 107: Global, Electric Power Steering Market Size Gain ($ Billion), Segmentation By Component, 2025 – 2030
  • Figure 108: Global, Electric Power Steering Market Size Gain ($ Billion), Segmentation By Electric Motor, 2025 – 2030

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Frequently Asked Questions

The Electric Power Steering market was valued at $30.33 billion in 2025, increased to $32.37 billion in 2026, and is projected to reach $42.29 billion by 2030.

The global Electric Power Steering market is expected to grow at a CAGR of 6.91% from 2026 to 2035 to reach $42.29 billion by 2035.

Some Key Players in the Electric Power Steering market Include, Major companies operating in the electric power steering market report include Robert Bosch GmbH, JTEKT Corporation, Nexteer Automotive Group Limited, ZF Friedrichshafen AG, NSK Steering Systems Pvt. Ltd., Mando Corporation, Hyundai Mobis Co Ltd., Showa Corporation, Hitachi Astemo Ltd., Denso Corporation, China Automotive System, KYB Corporation, Thyssenkrupp AG, Delphi Technologies, Tenneco Inc., GKN Driveline Service GmbH, Zhejiang Shibao Company Limited, Jilin Dongfeng Power Co. Ltd., Chongqing Jianshe Automobile Electric Co. Ltd., Hella GmbH & Co. KGaA, Valeo Group, Magna International Inc., Huayu Automotive Systems Co. Ltd., Jiangsu Dajiang Automotive Electric Motor Co. Ltd. .

Major trend in this market includes: Column-Type EPS-PP Revolutionizes Electric Power Steering Market With Enhanced Performance And Cost Efficiency. For further insights on this market. request a sample here

Asia-Pacific was the largest region in the electric power steering market share in 2025 and is expected to be the fastest-growing region in the forecast period. The regions covered in the electric power steering market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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