Automotive Electric Power Steering (eps) Market
Automotive Electric Power Steering (eps) Market - Global Industry Assessment & Forecast
Segments Covered
- By End Use Column Type, Pinion Type, Dual Pinion Type
- By Type Column Type, Pinion Type, Dual Pinion Type
- By Component Type Steering Rack/Column, Sensor, Steering Motor, Other Component Types
- By Vehicle Type Passenger Car, Commercial Vehicle
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2024 |
Forecast Years: | 2025 - 2034 |
Historical Years: | 2019 - 2023 |
Revenue 2024: | USD 25.16 Billion |
Revenue 2034: | USD 53.04 Billion |
Revenue CAGR (2025 - 2034): | 7.7% |
Fastest Growing Region (2025 - 2034) | XX |
Largest Region (2024): | XX |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
-
Executive Dashboard
- Strategic Imperatives
-
Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Automotive Electric Power Steering (eps) Market - Segment Analysis
- Overview
- Global Automotive Electric Power Steering (eps) Market, 2016 - 2028 (USD Million)
-
Global Automotive Electric Power Steering (eps) Market - by End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Global Automotive Electric Power Steering (eps) Market - by Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Global Automotive Electric Power Steering (eps) Market - by Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
-
Global Automotive Electric Power Steering (eps) Market - by Vehicle Type
- By Passenger Car
- By Commercial Vehicle
-
Global Automotive Electric Power Steering (eps) Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Automotive Electric Power Steering (eps) Market - Segment Analysis
- Overview
- North America Automotive Electric Power Steering (eps) Market, 2016 - 2028 (USD Million)
-
North America Automotive Electric Power Steering (eps) Market, by End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
North America Automotive Electric Power Steering (eps) Market, by Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
North America Automotive Electric Power Steering (eps) Market, by Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
-
North America Automotive Electric Power Steering (eps) Market, by Vehicle Type
- By Passenger Car
- By Commercial Vehicle
-
North America Automotive Electric Power Steering (eps) Market, by Country
- U.S.
- U.S. Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- U.S. Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- U.S. Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- U.S. Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- U.S. Automotive Electric Power Steering (eps) Market, By End Use
- Canada
- Canada Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Canada Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Canada Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Canada Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Canada Automotive Electric Power Steering (eps) Market, By End Use
- Mexico
- Mexico Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Mexico Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Mexico Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Mexico Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Mexico Automotive Electric Power Steering (eps) Market, By End Use
- U.S.
-
Europe Automotive Electric Power Steering (eps) Market - Segment Analysis
- Overview
- Europe Automotive Electric Power Steering (eps) Market, 2016 - 2028 (USD Million)
-
Europe Automotive Electric Power Steering (eps) Market, by End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Europe Automotive Electric Power Steering (eps) Market, by Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Europe Automotive Electric Power Steering (eps) Market, by Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
-
Europe Automotive Electric Power Steering (eps) Market, by Vehicle Type
- By Passenger Car
- By Commercial Vehicle
-
Europe Automotive Electric Power Steering (eps) Market, by Country
- Germany
- Germany Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Germany Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Germany Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Germany Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Germany Automotive Electric Power Steering (eps) Market, By End Use
- UK
- UK Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- UK Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- UK Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- UK Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- UK Market, By End Use
- France
- France Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- France Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- France Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- France Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- France Automotive Electric Power Steering (eps) Market, By End Use
- Spain
- Spain Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Spain Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Spain Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Spain Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Spain Automotive Electric Power Steering (eps) Market, By End Use
- Italy
- Italy Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Italy Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Italy Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Italy Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Italy Automotive Electric Power Steering (eps) Market, By End Use
- BENELUX
- BENELUX Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- BENELUX Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- BENELUX Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- BENELUX Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- BENELUX Automotive Electric Power Steering (eps) Market, By End Use
- Rest of Europe
- Rest Of Europe Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Rest Of Europe Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Rest Of Europe Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Rest Of Europe Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Rest Of Europe Automotive Electric Power Steering (eps) Market, By End Use
- Germany
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Asia Pacific Automotive Electric Power Steering (eps) Market - Segment Analysis
- Overview
- Asia Pacific Automotive Electric Power Steering (eps) Market, 2016 - 2028 (USD Million)
-
Asia Pacific Automotive Electric Power Steering (eps) Market, by End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Asia Pacific Automotive Electric Power Steering (eps) Market, by Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Asia Pacific Automotive Electric Power Steering (eps) Market, by Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
-
Asia Pacific Automotive Electric Power Steering (eps) Market, by Vehicle Type
- By Passenger Car
- By Commercial Vehicle
-
Asia Pacific Automotive Electric Power Steering (eps) Market, by Country
- China
- China Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- China Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- China Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- China Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- China Automotive Electric Power Steering (eps) Market, By End Use
- Japan
- Japan Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Japan Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Japan Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Japan Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Japan Automotive Electric Power Steering (eps) Market, By End Use
- India
- India Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- India Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- India Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- India Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- India Automotive Electric Power Steering (eps) Market, By End Use
- South Korea
- South Korea Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- South Korea Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- South Korea Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- South Korea Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- South Korea Automotive Electric Power Steering (eps) Market, By End Use
- South East Asia
- South East Asia Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- South East Asia Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- South East Asia Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- South East Asia Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- South East Asia Automotive Electric Power Steering (eps) Market, By End Use
- Rest of Asia Pacific
- Rest of Asia Pacific Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Rest of Asia Pacific Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Rest of Asia Pacific Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Rest of Asia Pacific Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Rest of Asia Pacific Automotive Electric Power Steering (eps) Market, By End Use
- China
-
Latin America Automotive Electric Power Steering (eps) Market - Segment Analysis
- Overview
- Latin America Automotive Electric Power Steering (eps) Market, 2016 - 2028 (USD Million)
-
Latin America Automotive Electric Power Steering (eps) Market, by End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Latin America Automotive Electric Power Steering (eps) Market, by Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Latin America Automotive Electric Power Steering (eps) Market, by Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
-
Latin America Automotive Electric Power Steering (eps) Market, by Vehicle Type
- By Passenger Car
- By Commercial Vehicle
-
Latin America Automotive Electric Power Steering (eps) Market, by Country
- Brazil
- Brazil Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Brazil Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Brazil Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Brazil Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Brazil Automotive Electric Power Steering (eps) Market, By End Use
- Argentina
- Argentina Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Argentina Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Argentina Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Argentina Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Argentina Automotive Electric Power Steering (eps) Market, By End Use
- Rest of Latin America
- Rest of Latin America Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Rest of Latin America Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Rest of Latin America Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Rest of Latin America Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Rest of Latin America Automotive Electric Power Steering (eps) Market, By End Use
- Brazil
-
Middle East & Africa Automotive Electric Power Steering (eps) Market - Segment Analysis
- Overview
- Middle East & Africa Automotive Electric Power Steering (eps) Market, 2016 - 2028 (USD Million)
-
Middle East & Africa Automotive Electric Power Steering (eps) Market, by End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Middle East & Africa Automotive Electric Power Steering (eps) Market, by Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
-
Middle East & Africa Automotive Electric Power Steering (eps) Market, by Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
-
Middle East & Africa Automotive Electric Power Steering (eps) Market, by Vehicle Type
- By Passenger Car
- By Commercial Vehicle
-
Middle East & Africa Automotive Electric Power Steering (eps) Market, by Country
- GCC Countries
- GCC Countries Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- GCC Countries Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- GCC Countries Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- GCC Countries Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- GCC Countries Automotive Electric Power Steering (eps) Market, By End Use
- South Africa
- South Africa Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- South Africa Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- South Africa Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- South Africa Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- South Africa Automotive Electric Power Steering (eps) Market, By End Use
- Rest of Middle East & Africa
- Rest of Middle East & Africa Automotive Electric Power Steering (eps) Market, By End Use
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Rest of Middle East & Africa Automotive Electric Power Steering (eps) Market, By Type
- By Column Type
- By Pinion Type
- By Dual Pinion Type
- Rest of Middle East & Africa Automotive Electric Power Steering (eps) Market, By Component Type
- By Steering Rack/Column
- By Sensor
- By Steering Motor
- By Other Component Types
- Rest of Middle East & Africa Automotive Electric Power Steering (eps) Market, By Vehicle Type
- By Passenger Car
- By Commercial Vehicle
- Rest of Middle East & Africa Automotive Electric Power Steering (eps) Market, By End Use
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
-
COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
-
Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
-
Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
-
Company Profiles
- GKN PLC
- Hyundai Mobis Co. Ltd.
- Thyssenkrupp Presta AG
- Mitsubishi Electric Corporation
- Nexteer Automotive
- Hitachi Automotive Systems Ltd
- ZF Friedrichshafen AG
- Robert Bosch GmbH
- Hubei Henglong Auto System Group
- JTEKT Corporation
- Denso Corporation
- NSK Ltd.
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Automotive Electric Power Steering (eps) in terms of revenue?
-
The global Automotive Electric Power Steering (eps) valued at USD 25.16 Billion in 2024 and is expected to reach USD 53.04 Billion in 2034 growing at a CAGR of 7.7%.
Which are the prominent players in the market?
-
The prominent players in the market are GKN PLC, Hyundai Mobis Co. Ltd., Thyssenkrupp Presta AG, Mitsubishi Electric Corporation, Nexteer Automotive, Hitachi Automotive Systems Ltd, ZF Friedrichshafen AG, Robert Bosch GmbH, Hubei Henglong Auto System Group, JTEKT Corporation, Denso Corporation, NSK Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.7% between 2025 and 2034.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Automotive Electric Power Steering (eps) include
Which region accounted for the largest share in the market?
-
XX was the leading regional segment of the Automotive Electric Power Steering (eps) in 2024.