Selected research
Industry Research
Electronic Power Steering Industry Research Report 2026
Market perspective
The global Electronic Power Steering market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Electronic Power Steering is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Electronic Power Steering is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Electronic Power Steering is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Electronic Power Steering include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Electronic Power Steering market in revenue (US$ million) and, where applicable, sales volume (k units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Electronic Power Steering.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Electronic Power Steering Market by Company
JTEKT
Bosch
Nexteer
ZF
NSK
Hitachi Astemo (Showa)
Hyundai Mobis
Thyssenkrupp
Mando
CAAS
Zhuzhou Elite
Yubei
Zhejiang Shibao
Electronic Power Steering Segment by Type
Column Assist EPS
Single-Pinion Assist EPS
Dual-Pinion Assist EPS
Rack Assist EPS
Electronic Power Steering Segment by Application
Commercial Vehicles
Passenger Cars
Electronic Power Steering Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electronic Power Steering market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electronic Power Steering and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electronic Power Steering.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Electronic Power Steering manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Electronic Power Steering by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Electronic Power Steering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Column Assist EPS
- Single-Pinion Assist EPS
- Dual-Pinion Assist EPS
- Rack Assist EPS
Applications
- Commercial Vehicles
- Passenger Cars
Companies covered
- JTEKT
- Bosch
- Nexteer
- ZF
- NSK
- Hitachi Astemo (Showa)
- Hyundai Mobis
- Thyssenkrupp
- Mando
- CAAS
- Zhuzhou Elite
- Yubei
- Zhejiang Shibao
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Electronic Power Steering by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Column Assist EPS
- 2.2.3 Single-Pinion Assist EPS
- 2.2.4 Dual-Pinion Assist EPS
- 2.2.5 Rack Assist EPS
- 2.3 Electronic Power Steering by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Commercial Vehicles
- 2.3.3 Passenger Cars
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Electronic Power Steering Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Electronic Power Steering Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Electronic Power Steering Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Electronic Power Steering Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Electronic Power Steering Production by Manufacturers (2021-2026)
- 3.2 Global Electronic Power Steering Production Value by Manufacturers (2021-2026)
- 3.3 Global Electronic Power Steering Average Price by Manufacturers (2021-2026)
- 3.4 Global Electronic Power Steering Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Electronic Power Steering Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Electronic Power Steering Manufacturers, Product Type & Application
- 3.7 Global Electronic Power Steering Manufacturers Established Date
- 3.8 Global Electronic Power Steering Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 JTEKT
- 4.1.1 JTEKT Electronic Power Steering Company Information
- 4.1.2 JTEKT Electronic Power Steering Business Overview
- 4.1.3 JTEKT Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.1.4 JTEKT Product Portfolio
- 4.1.5 JTEKT Recent Developments
- 4.2 Bosch
- 4.2.1 Bosch Electronic Power Steering Company Information
- 4.2.2 Bosch Electronic Power Steering Business Overview
- 4.2.3 Bosch Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.2.4 Bosch Product Portfolio
- 4.2.5 Bosch Recent Developments
- 4.3 Nexteer
- 4.3.1 Nexteer Electronic Power Steering Company Information
- 4.3.2 Nexteer Electronic Power Steering Business Overview
- 4.3.3 Nexteer Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.3.4 Nexteer Product Portfolio
- 4.3.5 Nexteer Recent Developments
- 4.4 ZF
- 4.4.1 ZF Electronic Power Steering Company Information
- 4.4.2 ZF Electronic Power Steering Business Overview
- 4.4.3 ZF Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.4.4 ZF Product Portfolio
- 4.4.5 ZF Recent Developments
- 4.5 NSK
- 4.5.1 NSK Electronic Power Steering Company Information
- 4.5.2 NSK Electronic Power Steering Business Overview
- 4.5.3 NSK Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.5.4 NSK Product Portfolio
- 4.5.5 NSK Recent Developments
- 4.6 Hitachi Astemo (Showa)
- 4.6.1 Hitachi Astemo (Showa) Electronic Power Steering Company Information
- 4.6.2 Hitachi Astemo (Showa) Electronic Power Steering Business Overview
- 4.6.3 Hitachi Astemo (Showa) Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.6.4 Hitachi Astemo (Showa) Product Portfolio
- 4.6.5 Hitachi Astemo (Showa) Recent Developments
- 4.7 Hyundai Mobis
- 4.7.1 Hyundai Mobis Electronic Power Steering Company Information
- 4.7.2 Hyundai Mobis Electronic Power Steering Business Overview
- 4.7.3 Hyundai Mobis Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.7.4 Hyundai Mobis Product Portfolio
- 4.7.5 Hyundai Mobis Recent Developments
- 4.8 Thyssenkrupp
- 4.8.1 Thyssenkrupp Electronic Power Steering Company Information
- 4.8.2 Thyssenkrupp Electronic Power Steering Business Overview
- 4.8.3 Thyssenkrupp Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.8.4 Thyssenkrupp Product Portfolio
- 4.8.5 Thyssenkrupp Recent Developments
- 4.9 Mando
- 4.9.1 Mando Electronic Power Steering Company Information
- 4.9.2 Mando Electronic Power Steering Business Overview
- 4.9.3 Mando Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.9.4 Mando Product Portfolio
- 4.9.5 Mando Recent Developments
- 4.10 CAAS
- 4.10.1 CAAS Electronic Power Steering Company Information
- 4.10.2 CAAS Electronic Power Steering Business Overview
- 4.10.3 CAAS Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.10.4 CAAS Product Portfolio
- 4.10.5 CAAS Recent Developments
- 4.11 Zhuzhou Elite
- 4.11.1 Zhuzhou Elite Electronic Power Steering Company Information
- 4.11.2 Zhuzhou Elite Electronic Power Steering Business Overview
- 4.11.3 Zhuzhou Elite Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.11.4 Zhuzhou Elite Product Portfolio
- 4.11.5 Zhuzhou Elite Recent Developments
- 4.12 Yubei
- 4.12.1 Yubei Electronic Power Steering Company Information
- 4.12.2 Yubei Electronic Power Steering Business Overview
- 4.12.3 Yubei Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.12.4 Yubei Product Portfolio
- 4.12.5 Yubei Recent Developments
- 4.13 Zhejiang Shibao
- 4.13.1 Zhejiang Shibao Electronic Power Steering Company Information
- 4.13.2 Zhejiang Shibao Electronic Power Steering Business Overview
- 4.13.3 Zhejiang Shibao Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 4.13.4 Zhejiang Shibao Product Portfolio
- 4.13.5 Zhejiang Shibao Recent Developments
5 Global Electronic Power Steering Production by Region
- 5.1 Global Electronic Power Steering Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Electronic Power Steering Production by Region: 2021-2032
- 5.2.1 Global Electronic Power Steering Production by Region: 2021-2026
- 5.2.2 Global Electronic Power Steering Production Forecast by Region (2027-2032)
- 5.3 Global Electronic Power Steering Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Electronic Power Steering Production Value by Region: 2021-2032
- 5.4.1 Global Electronic Power Steering Production Value by Region: 2021-2026
- 5.4.2 Global Electronic Power Steering Production Value Forecast by Region (2027-2032)
- 5.5 Global Electronic Power Steering Market Price Analysis by Region (2021-2026)
- 5.6 Global Electronic Power Steering Production and Value, YOY Growth
- 5.6.1 North America Electronic Power Steering Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Electronic Power Steering Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Electronic Power Steering Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Electronic Power Steering Production Value Estimates and Forecasts (2021-2032)
- 5.6.5 South Korea Electronic Power Steering Production Value Estimates and Forecasts (2021-2032)
- 5.6.6 India Electronic Power Steering Production Value Estimates and Forecasts (2021-2032)
6 Global Electronic Power Steering Consumption by Region
- 6.1 Global Electronic Power Steering Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Electronic Power Steering Consumption by Region (2021-2032)
- 6.2.1 Global Electronic Power Steering Consumption by Region: 2021-2026
- 6.2.2 Global Electronic Power Steering Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Electronic Power Steering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Electronic Power Steering Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Electronic Power Steering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Electronic Power Steering Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Electronic Power Steering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Electronic Power Steering Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Electronic Power Steering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Electronic Power Steering Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Electronic Power Steering Production by Type (2021-2032)
- 7.1.1 Global Electronic Power Steering Production by Type (2021-2032) & (k units)
- 7.1.2 Global Electronic Power Steering Production Market Share by Type (2021-2032)
- 7.2 Global Electronic Power Steering Production Value by Type (2021-2032)
- 7.2.1 Global Electronic Power Steering Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Electronic Power Steering Production Value Market Share by Type (2021-2032)
- 7.3 Global Electronic Power Steering Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Electronic Power Steering Production by Application (2021-2032)
- 8.1.1 Global Electronic Power Steering Production by Application (2021-2032) & (k units)
- 8.1.2 Global Electronic Power Steering Production Market Share by Application (2021-2032)
- 8.2 Global Electronic Power Steering Production Value by Application (2021-2032)
- 8.2.1 Global Electronic Power Steering Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Electronic Power Steering Production Value Market Share by Application (2021-2032)
- 8.3 Global Electronic Power Steering Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Electronic Power Steering Value Chain Analysis
- 9.1.1 Electronic Power Steering Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Electronic Power Steering Production Mode & Process
- 9.2 Electronic Power Steering Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Electronic Power Steering Distributors
- 9.2.3 Electronic Power Steering Customers
10 Global Electronic Power Steering Analyzing Market Dynamics
- 10.1 Electronic Power Steering Industry Trends
- 10.2 Electronic Power Steering Industry Drivers
- 10.3 Electronic Power Steering Industry Opportunities and Challenges
- 10.4 Electronic Power Steering Industry Restraints
11 Report Conclusion
12 Disclaimer
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