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PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1980370

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PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1980370

Automotive Electric Power Steering Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2026-2034

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Growth Factors of automotive electric power steering (EPS) Market

The global automotive electric power steering (EPS) market was valued at USD 33.68 billion in 2025 and is projected to grow to USD 35.32 billion in 2026. According to the forecast, the market is expected to reach USD 54.5 billion by 2034, registering a CAGR of 5.57% during 2026-2034.

In 2025, Asia Pacific dominated the market with a 58.42% share, driven by high vehicle production volumes, strong electrification policies, and rapid adoption of advanced driver assistance systems (ADAS).

Electric power steering systems replace conventional hydraulic steering with electric motors, sensors, and electronic control units. EPS improves fuel efficiency, reduces emissions, enhances steering precision, and enables integration with autonomous driving technologies, making it a critical component in modern vehicles.

Market Size Snapshot (Report Year Data)

  • 2025 Market Size: USD 33.68 billion
  • 2026 Market Size: USD 35.32 billion
  • 2034 Forecast Market Size: USD 54.5 billion
  • CAGR (2026-2034): 5.57%
  • Leading Region (2025): Asia Pacific - 58.42% share

Market Dynamics

Market Drivers

Rising Demand for Reducing Carbon Emissions

EPS systems consume energy only when steering input is required, unlike hydraulic systems that operate continuously. This efficiency significantly improves fuel economy and lowers CO2 emissions. With tightening emission regulations in Europe, North America, and Asia Pacific, automakers increasingly adopt EPS to comply with environmental standards.

The shift toward electric and hybrid vehicles further strengthens EPS adoption, as electric platforms require energy-efficient and electronically controlled steering systems.

Market Restraints

High Development Costs and Complex Integration

Advanced EPS systems require sophisticated sensors, electric motors, and control units, increasing production and R&D costs. Integration with ADAS and steer-by-wire technology demands rigorous safety testing and precise calibration. These factors can limit adoption in price-sensitive vehicle segments and emerging markets.

Market Opportunities

Integration with Autonomous Driving Technologies

The rapid development of autonomous and semi-autonomous vehicles creates significant growth opportunities for EPS. Steer-by-wire technology eliminates mechanical linkages and enables full electronic steering control, essential for automated driving functions such as lane-keeping assist and automated parking.

As OEMs invest in intelligent mobility solutions, EPS becomes foundational for next-generation vehicle architectures.

Market Challenges

Ensuring Reliability in Extreme Conditions

EPS systems rely heavily on electronic components, making durability and reliability critical. Exposure to extreme temperatures, vibration, moisture, and electrical interference poses technical challenges. Ensuring fault tolerance and safety redundancy remains essential, particularly in autonomous and high-performance vehicles.

Market Trends

Growing Adoption of Steer-by-Wire Systems

Steer-by-wire technology is emerging as a transformative trend in the EPS market. By eliminating mechanical steering shafts, it enables flexible vehicle design, reduces weight, enhances cabin space, and supports software-defined vehicle architectures.

The increasing electrification of vehicles and integration of ADAS technologies are accelerating steer-by-wire deployment globally.

Segmentation Analysis

By Vehicle Type

The market is segmented into hatchbacks, sedans, SUVs, LCVs, and HCVs.

  • SUVs dominated the market in 2026 with 33.73% share, driven by global demand for larger vehicles and advanced safety features.
  • SUVs are also the fastest-growing segment due to electrification and strong demand in North America, China, and emerging Asian economies.

By Vehicle Propulsion

The market includes ICE, HEV, PHEV, and BEV vehicles.

  • ICE vehicles held 73.02% of the market share in 2026, supported by their large global presence and established infrastructure.
  • Battery Electric Vehicles (BEVs) represent the fastest-growing segment, as EPS enhances energy efficiency and supports ADAS integration in electric platforms.

By Steering Architecture

Segments include CEPS, P-EPS, R-EPS, and Steer-by-Wire.

  • Rack-Assist EPS (R-EPS) dominated in 2026 with 51.02% share, owing to its compatibility with passenger cars, SUVs, and LCVs.
  • Steer-by-Wire (SbW) is the fastest-growing segment, driven by autonomous vehicle development and software-defined steering systems.

By Component

Segments include motor, ECU/controller, sensors, mechanical assembly, and software & calibration.

  • Motor segment led in 2026 with 34.68% share, as it provides primary steering assistance.
  • Software & calibration is the fastest-growing segment, enabling ADAS integration and customizable steering response.

Regional Outlook

Asia Pacific

Asia Pacific held the largest share in 2025, supported by strong automotive production in China, Japan, South Korea, and India. Rising EV adoption, government incentives, and expanding middle-class vehicle ownership contribute to growth.

North America

North America demonstrates steady growth, driven by SUV demand, strict emission norms, and technological innovation. The U.S. remains a key hub for electric vehicle production and EPS advancement.

Europe

Europe is characterized by strict emission regulations and rapid electrification. Germany, France, and Italy lead EPS adoption, particularly in premium and EV segments.

Rest of the World

Emerging markets in Latin America, the Middle East, and Africa are witnessing gradual EPS penetration due to increasing vehicle sales and evolving safety regulations.

Competitive Landscape

The market is highly competitive, led by global Tier-1 suppliers focusing on innovation and OEM partnerships.

Key Companies Profiled:

JTEKT Corporation, Robert Bosch GmbH, Nexteer Automotive, ZF Friedrichshafen AG, NSK Ltd., Showa (Hitachi Astemo), Thyssenkrupp AG, Mando Corporation, Hyundai Mobis, Mitsubishi Electric, Denso Corporation, Valeo SA, Continental AG, Magna International, and others.

Companies are investing heavily in steer-by-wire systems, lightweight designs, energy-efficient motors, and intelligent software integration to strengthen market position.

Conclusion

The automotive electric power steering market is projected to grow from USD 33.68 billion in 2025 to USD 54.5 billion by 2034, at a CAGR of 5.57%. Driven by emission regulations, vehicle electrification, ADAS integration, and steer-by-wire advancements, EPS is becoming a cornerstone of next-generation mobility. With Asia Pacific leading in market share and global OEMs accelerating innovation, the EPS industry is poised for sustained technological evolution and steady growth through 2034.

ATTRIBUTE DETAIL

Segmentation By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Region

By Vehicle Type * Hatchback

  • Sedan
  • SUVs
  • LCVs
  • HCVs

By Vehicle Propulsion * ICE

  • HEV
  • PHEV
  • BEV

By Steering Architecture * Column-Assist EPS (CEPS)

  • Pinion-Assist EPS (P-EPS)
  • Rack-Assist EPS (R-EPS)
  • Steer-by-Wire (SbW)

By Component * Motor

  • ECU/Controller
  • Sensors
  • Rack/Column Mechanical Assembly
  • Software & Calibration

By Geography * North America (By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Country)

    • U.S.
    • Canada
    • Mexico
  • Europe (By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Country)
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific (By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Country)
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World (By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Sub-region)
    • South America
    • The Middle East
    • Africa
Product Code: FBI105808

Table of Content

1. Introduction

  • 1.1. Research Scope
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
  • 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

  • 3.1. Market Drivers
  • 3.2. Market Restraints
  • 3.3. Market Opportunities
  • 3.4. Market Trends

4. Key Insights

  • 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
  • 4.2. Latest Technological Advancements
  • 4.3. Porters Five Forces Analysis
  • 4.4. Supplier Outlook (Who Supply Whom)
  • 4.5. Impact of Tariffs on the Market

5. Global Automotive Electric Power Steering Market Analysis, Insights and Forecast, 2021-2034

  • 5.1. Key Findings / Definition
  • 5.2. Market Analysis, Insights and Forecast - Vehicle Type
    • 5.2.1. Hatchback
    • 5.2.2. Sedan
    • 5.2.3. SUV
    • 5.2.4. LCV
    • 5.2.5. HCV
  • 5.3. Market Analysis, Insights and Forecast - By Vehicle Propulsion
    • 5.3.1. ICE
    • 5.3.2. HEV
    • 5.3.3. PHEV
    • 5.3.4. BEV
  • 5.4. Market Analysis, Insights and Forecast - By Steering Architecture
    • 5.4.1. Column-Assist EPS (CEPS)
    • 5.4.2. Pinion-Assist EPS (P-EPS)
    • 5.4.3. Rack-Assist EPS (R-EPS)
    • 5.4.4. Steer-by-Wire (SbW)
  • 5.5. Market Analysis, Insights and Forecast - By Component
    • 5.5.1. Motor
    • 5.5.2. ECU/Controller
    • 5.5.3. Sensors
    • 5.5.4. Rack/Column Mechanical Assembly
    • 5.5.5. Software & Calibration
  • 5.6. Market Analysis, Insights and Forecast - By Region
    • 5.6.1. North America
    • 5.6.2. Europe
    • 5.6.3. Asia Pacific
    • 5.6.4. Rest of the World

6. North America Automotive Electric Power Steering Market Analysis, Insights and Forecast, 2021-2034

  • 6.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 6.1.1. Hatchback
    • 6.1.2. Sedan
    • 6.1.3. SUV
    • 6.1.4. LCV
    • 6.1.5. HCV
  • 6.2. Market Analysis, Insights and Forecast - By Vehicle Propulsion
    • 6.2.1. ICE
    • 6.2.2. HEV
    • 6.2.3. PHEV
    • 6.2.4. BEV
  • 6.3. Market Analysis, Insights and Forecast - By Steering Architecture
    • 6.3.1. Column-Assist EPS (CEPS)
    • 6.3.2. Pinion-Assist EPS (P-EPS)
    • 6.3.3. Rack-Assist EPS (R-EPS)
    • 6.3.4. Steer-by-Wire (SbW)
  • 6.4. Market Analysis, Insights and Forecast - By Component
    • 6.4.1. Motor
    • 6.4.2. ECU/Controller
    • 6.4.3. Sensors
    • 6.4.4. Rack/Column Mechanical Assembly
    • 6.4.5. Software & Calibration
  • 6.5. Market Analysis, Insights and Forecast - By Country
    • 6.5.1. U.S.
      • 6.5.1.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 6.5.2. Canada
      • 6.5.2.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 6.5.3. Mexico
      • 6.5.3.1. Market Analysis, Insights and Forecast - Vehicle Type

7. Europe Automotive Electric Power Steering Market Analysis, Insights and Forecast, 2021-2034

  • 7.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 7.1.1. Hatchback
    • 7.1.2. Sedan
    • 7.1.3. SUV
    • 7.1.4. LCV
    • 7.1.5. HCV
  • 7.2. Market Analysis, Insights and Forecast - By Vehicle Propulsion
    • 7.2.1. ICE
    • 7.2.2. HEV
    • 7.2.3. PHEV
    • 7.2.4. BEV
  • 7.3. Market Analysis, Insights and Forecast - By Steering Architecture
    • 7.3.1. Column-Assist EPS (CEPS)
    • 7.3.2. Pinion-Assist EPS (P-EPS)
    • 7.3.3. Rack-Assist EPS (R-EPS)
    • 7.3.4. Steer-by-Wire (SbW)
  • 7.4. Market Analysis, Insights and Forecast - By Component
    • 7.4.1. Motor
    • 7.4.2. ECU/Controller
    • 7.4.3. Sensors
    • 7.4.4. Rack/Column Mechanical Assembly
    • 7.4.5. Software & Calibration
  • 7.5. Market Analysis, Insights and Forecast - By Country
    • 7.5.1. Germany
      • 7.5.1.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 7.5.2. France
      • 7.5.2.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 7.5.3. U.K.
      • 7.5.3.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 7.5.4. Rest of Europe
      • 7.5.4.1. Market Analysis, Insights and Forecast - Vehicle Type

8. Asia Pacific Automotive Electric Power Steering Market Analysis, Insights and Forecast, 2021-2034

  • 8.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 8.1.1. Hatchback
    • 8.1.2. Sedan
    • 8.1.3. SUV
    • 8.1.4. LCV
    • 8.1.5. HCV
  • 8.2. Market Analysis, Insights and Forecast - By Vehicle Propulsion
    • 8.2.1. ICE
    • 8.2.2. HEV
    • 8.2.3. PHEV
    • 8.2.4. BEV
  • 8.3. Market Analysis, Insights and Forecast - By Steering Architecture
    • 8.3.1. Column-Assist EPS (CEPS)
    • 8.3.2. Pinion-Assist EPS (P-EPS)
    • 8.3.3. Rack-Assist EPS (R-EPS)
    • 8.3.4. Steer-by-Wire (SbW)
  • 8.4. Market Analysis, Insights and Forecast - By Component
    • 8.4.1. Motor
    • 8.4.2. ECU/Controller
    • 8.4.3. Sensors
    • 8.4.4. Rack/Column Mechanical Assembly
    • 8.4.5. Software & Calibration
  • 8.5. Market Analysis, Insights and Forecast - By Country
    • 8.5.1. China
      • 8.5.1.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 8.5.2. Japan
      • 8.5.2.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 8.5.3. India
      • 8.5.3.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 8.5.4. South Korea
      • 8.5.4.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 8.5.5. Rest of Asia Pacific
      • 8.5.5.1. Market Analysis, Insights and Forecast - Vehicle Type

9. Rest of the World Automotive Electric Power Steering Market Analysis, Insights and Forecast, 2021-2034

  • 9.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 9.1.1. Hatchback
    • 9.1.2. Sedan
    • 9.1.3. SUV
    • 9.1.4. LCV
    • 9.1.5. HCV
  • 9.2. Market Analysis, Insights and Forecast - By Vehicle Propulsion
    • 9.2.1. ICE
    • 9.2.2. HEV
    • 9.2.3. PHEV
    • 9.2.4. BEV
  • 9.3. Market Analysis, Insights and Forecast - By Steering Architecture
    • 9.3.1. Column-Assist EPS (CEPS)
    • 9.3.2. Pinion-Assist EPS (P-EPS)
    • 9.3.3. Rack-Assist EPS (R-EPS)
    • 9.3.4. Steer-by-Wire (SbW)
  • 9.4. Market Analysis, Insights and Forecast - By Component
    • 9.4.1. Motor
    • 9.4.2. ECU/Controller
    • 9.4.3. Sensors
    • 9.4.4. Rack/Column Mechanical Assembly
    • 9.4.5. Software & Calibration
  • 9.5. Market Analysis, Insights and Forecast - By Country
    • 9.5.1. South America
      • 9.5.1.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 9.5.2. The Middle East
      • 9.5.2.1. Market Analysis, Insights and Forecast - Vehicle Type
    • 9.5.3. Africa
      • 9.5.3.1. Market Analysis, Insights and Forecast - Vehicle Type

10. Competitive Analysis

  • 10.1. Key Industry Developments
  • 10.2. Global Market Rank Analysis (2025)
  • 10.3. Competitive Dashboard
  • 10.4. Comparative Analysis - Major Players
  • 10.5. Company Profiles (Overview, Products & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability))
    • 10.5.1. JTEKT Corporation (Japan)
    • 10.5.2. Robert Bosch GmbH (Germany)
    • 10.5.3. Nexteer Automotive (U.S.)
    • 10.5.4. ZF Friedrichshafen AG (Germany)
    • 10.5.5. NSK Ltd. (Japan)
    • 10.5.6. Showa Corporation (Hitachi Astemo) (Japan)
    • 10.5.7. Thyssenkrupp AG (Germany)
    • 10.5.8. Mando Corporation (Halla Group) (South Korea)
    • 10.5.9. Hyundai Mobis Co., Ltd. (South Korea)
    • 10.5.10. Mitsubishi Electric Corporation (Japan)
    • 10.5.11. Denso Corporation (Japan)
    • 10.5.12. Valeo SA (France)
    • 10.5.13. Continental AG (Germany)
    • 10.5.14. GKN Automotive (Melrose Industries) (UK)
    • 10.5.15. KYB Corporation (Japan)
    • 10.5.16. Magna International Inc. (Canada)
    • 10.5.17. ATS Automation Tooling Systems (Canada)
    • 10.5.18. Infineon Technologies AG (Germany)
    • 10.5.19. Texas Instruments (U.S.)
Product Code: FBI105808

List of Tables

  • Table 1: Global Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 2: Global Automotive Electric Power Steering Market, (USD Billion) Forecast, By Vehicle Propulsion, 2021-2034
  • Table 3: Global Automotive Electric Power Steering Market, (USD Billion) Forecast, By Steering Architecture, 2021-2034
  • Table 4: Global Automotive Electric Power Steering Market, (USD Billion) Forecast, By Component, 2021-2034
  • Table 5: Global Automotive Electric Power Steering Market (USD Billion) Forecast, By Region, 2021-2034
  • Table 6: North America Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 7: North America Automotive Electric Power Steering Market, (USD Billion) Forecast, By Vehicle Propulsion, 2021-2034
  • Table 8: North America Automotive Electric Power Steering Market, (USD Billion) Forecast, By Steering Architecture, 2021-2034
  • Table 9: North America Automotive Electric Power Steering Market, (USD Billion) Forecast, By Component, 2021-2034
  • Table 10: North America Automotive Electric Power Steering Market (USD Billion) Forecast, By Country, 2021-2034
  • Table 11: U.S. Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 12: Canada Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 13: Mexico Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 14: Europe Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 15: Europe Automotive Electric Power Steering Market, (USD Billion) Forecast, By Vehicle Propulsion, 2021-2034
  • Table 16: Europe Automotive Electric Power Steering Market, (USD Billion) Forecast, By Steering Architecture, 2021-2034
  • Table 17: Europe Automotive Electric Power Steering Market, (USD Billion) Forecast, By Component, 2021-2034
  • Table 18: Europe Automotive Electric Power Steering Market (USD Billion) Forecast, By Country, 2021-2034
  • Table 19: Germany Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 20: France Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 21: U.K. Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 22: Rest of Europe Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 23: Asia Pacific Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 24: Asia Pacific Automotive Electric Power Steering Market, (USD Billion) Forecast, By Vehicle Propulsion, 2021-2034
  • Table 25: Asia Pacific Automotive Electric Power Steering Market, (USD Billion) Forecast, By Steering Architecture, 2021-2034
  • Table 26: Asia Pacific Automotive Electric Power Steering Market, (USD Billion) Forecast, By Component, 2021-2034
  • Table 27: Asia Pacific Automotive Electric Power Steering Market (USD Billion) Forecast, By Country, 2021-2034
  • Table 28: China Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 29: Japan Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 30: India Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 31: South Korea Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 32: Rest of Asia Pacific Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 33: Rest of the World Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 34: Rest of the World Automotive Electric Power Steering Market, (USD Billion) Forecast, By Vehicle Propulsion, 2021-2034
  • Table 35: Rest of the World Automotive Electric Power Steering Market, (USD Billion) Forecast, By Steering Architecture, 2021-2034
  • Table 36: Rest of the World Automotive Electric Power Steering Market, (USD Billion) Forecast, By Component, 2021-2034
  • Table 37: Rest of the World Automotive Electric Power Steering Market (USD Billion) Forecast, By Country, 2021-2034
  • Table 38: South America Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 39: The Middle East Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034
  • Table 40: Africa Automotive Electric Power Steering Market, (USD Billion) Forecast, Vehicle Type, 2021-2034

List of Figures

  • Figure 1: Global Automotive Electric Power Steering Market Revenue Breakdown (USD Billion, %) By Region, 2025 & 2034
  • Figure 2: Global Automotive Electric Power Steering Market (%) Breakdown Vehicle Type, 2025 & 2034
  • Figure 3: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Hatchback, 2021-2034
  • Figure 4: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Sedan, 2021-2034
  • Figure 5: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By SUV, 2021-2034
  • Figure 6: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By LCV, 2021-2034
  • Figure 7: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By HCV, 2021-2034
  • Figure 8: Global Automotive Electric Power Steering Market (%) Breakdown By Vehicle Propulsion, 2025 & 2034
  • Figure 9: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By ICE, 2021-2034
  • Figure 10: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By HEV, 2021-2034
  • Figure 11: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By PHEV, 2021-2034
  • Figure 12: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By BEV, 2021-2034
  • Figure 13: Global Automotive Electric Power Steering Market (%) Breakdown By Steering Architecture, 2025 & 2034
  • Figure 14: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Column-Assist EPS (CEPS), 2021-2034
  • Figure 15: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Pinion-Assist EPS (P-EPS), 2021-2034
  • Figure 16: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Rack-Assist EPS (R-EPS) , 2021-2034
  • Figure 17: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Steer-by-Wire (SbW) , 2021-2034
  • Figure 18: Global Automotive Electric Power Steering Market (%) Breakdown By Component, 2025 & 2034
  • Figure 19: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Motor, 2021-2034
  • Figure 20: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By ECU/Controller, 2021-2034
  • Figure 21: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Sensors, 2021-2034
  • Figure 22: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Rack/Column Mechanical Assembly, 2021-2034
  • Figure 23: Global Automotive Electric Power Steering Market(USD Billion) Breakdown By Software & Calibration, 2021-2034
  • Figure 24: Global Automotive Electric Power Steering Market Share (%) By Region, 2025 & 2034
  • Figure 25: Global Automotive Electric Power Steering Market Forecast (USD Billion), By North America, 2021-2034
  • Figure 26: Global Automotive Electric Power Steering Market Forecast (USD Billion), By Europe, 2021-2034
  • Figure 27: Global Automotive Electric Power Steering Market Forecast (USD Billion), By Asia Pacific, 2021-2034
  • Figure 28: Global Automotive Electric Power Steering Market Forecast (USD Billion), By Rest of the World, 2021-2034
  • Figure 29: North America Automotive Electric Power Steering Market Value (USD Billion) Vehicle Type, 2025 & 2034
  • Figure 30: North America Automotive Electric Power Steering Market Value Share (%) Vehicle Type, 2025
  • Figure 31: North America Automotive Electric Power Steering Market Value (USD Billion) By Vehicle Propulsion, 2025 & 2034
  • Figure 32: North America Automotive Electric Power Steering Market Value Share (%) By Vehicle Propulsion, 2025
  • Figure 33: North America Automotive Electric Power Steering Market Value (USD Billion) By Steering Architecture, 2025 & 2034
  • Figure 34: North America Automotive Electric Power Steering Market Value Share (%) By Steering Architecture, 2025
  • Figure 35: North America Automotive Electric Power Steering Market Value (USD Billion) By Component, 2025 & 2034
  • Figure 36: North America Automotive Electric Power Steering Market Value Share (%) By Component, 2025
  • Figure 37: North America Automotive Electric Power Steering Market Value (USD Billion) By Country, 2025 & 2034
  • Figure 38: North America Automotive Electric Power Steering Value Share (%) By Country, 2025
  • Figure 39: Europe Automotive Electric Power Steering Market Value (USD Billion) Vehicle Type, 2025 & 2034
  • Figure 40: Europe Automotive Electric Power Steering Market Value Share (%) Vehicle Type, 2025
  • Figure 41: Europe Automotive Electric Power Steering Market Value (USD Billion) By Vehicle Propulsion, 2025 & 2034
  • Figure 42: Europe Automotive Electric Power Steering Market Value Share (%) By Vehicle Propulsion, 2025
  • Figure 43: Europe Automotive Electric Power Steering Market Value (USD Billion) By Steering Architecture, 2025 & 2034
  • Figure 44: Europe Automotive Electric Power Steering Market Value Share (%) By Steering Architecture, 2025
  • Figure 45: Europe Automotive Electric Power Steering Market Value (USD Billion) By Component, 2025 & 2034
  • Figure 46: Europe Automotive Electric Power Steering Market Value Share (%) By Component, 2025
  • Figure 47: Europe Automotive Electric Power Steering Market Value (USD Billion) By Country, 2025 & 2034
  • Figure 48: Europe Automotive Electric Power Steering Value Share (%) By Country, 2025
  • Figure 49: Asia Pacific Automotive Electric Power Steering Market Value (USD Billion) Vehicle Type, 2025 & 2034
  • Figure 50: Asia Pacific Automotive Electric Power Steering Market Value Share (%) Vehicle Type, 2025
  • Figure 51: Asia Pacific Automotive Electric Power Steering Market Value (USD Billion) By Vehicle Propulsion, 2025 & 2034
  • Figure 52: Asia Pacific Automotive Electric Power Steering Market Value Share (%) By Vehicle Propulsion, 2025
  • Figure 53: Asia Pacific Automotive Electric Power Steering Market Value (USD Billion) By Steering Architecture, 2025 & 2034
  • Figure 54: Asia Pacific Automotive Electric Power Steering Market Value Share (%) By Steering Architecture, 2025
  • Figure 55: Asia Pacific Automotive Electric Power Steering Market Value (USD Billion) By Component, 2025 & 2034
  • Figure 56: Asia Pacific Automotive Electric Power Steering Market Value Share (%) By Component, 2025
  • Figure 57: Asia Pacific Automotive Electric Power Steering Market Value (USD Billion) By Country, 2025 & 2034
  • Figure 58: Asia Pacific Automotive Electric Power Steering Value Share (%) By Country, 2025
  • Figure 59: Rest of the World Automotive Electric Power Steering Market Value (USD Billion) Vehicle Type, 2025 & 2034
  • Figure 60: Rest of the World Automotive Electric Power Steering Market Value Share (%) Vehicle Type, 2025
  • Figure 61: Rest of the World Automotive Electric Power Steering Market Value (USD Billion) By Vehicle Propulsion, 2025 & 2034
  • Figure 62: Rest of the World Automotive Electric Power Steering Market Value Share (%) By Vehicle Propulsion, 2025
  • Figure 63: Rest of the World Automotive Electric Power Steering Market Value (USD Billion) By Steering Architecture, 2025 & 2034
  • Figure 64: Rest of the World Automotive Electric Power Steering Market Value Share (%) By Steering Architecture, 2025
  • Figure 65: Rest of the World Automotive Electric Power Steering Market Value (USD Billion) By Component, 2025 & 2034
  • Figure 66: Rest of the World Automotive Electric Power Steering Market Value Share (%) By Component, 2025
  • Figure 67: Rest of the World Automotive Electric Power Steering Market Value (USD Billion) By Country, 2025 & 2034
  • Figure 68: Rest of the World Automotive Electric Power Steering Value Share (%) By Country, 2025
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

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