Selected research
Market Structure
Global Electronic Power Steering Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Electronic Power Steering market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Electronic Power Steering is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Electronic Power Steering is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Electronic Power Steering is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Electronic Power Steering is projected to increase 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 JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp and Mando, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Electronic Power Steering output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Electronic Power Steering by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Electronic Power Steering market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Electronic Power Steering and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Electronic Power Steering sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Electronic Power Steering market size, projected growth trends, production technologies, key applications, and end-use industries.
Electronic Power Steering Segment 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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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: Provides an overview of the Electronic Power Steering market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Electronic Power Steering industry.
Chapter 3: Detailed analysis of Electronic Power Steering market competition landscape. Including Electronic Power Steering manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: Production/Production Value of Electronic Power Steering by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Electronic Power Steering Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Electronic Power Steering Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Electronic Power Steering Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Electronic Power Steering Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Electronic Power Steering Market Dynamics
- 2.1 Electronic Power Steering Industry Trends
- 2.2 Electronic Power Steering Industry Drivers
- 2.3 Electronic Power Steering Industry Opportunities and Challenges
- 2.4 Electronic Power Steering Industry Restraints
3 Electronic Power Steering Market by Manufacturers
- 3.1 Global Electronic Power Steering Production Value by Manufacturers (2021-2026)
- 3.2 Global Electronic Power Steering Production 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 Market Competitive Analysis
- 3.8.1 Global Electronic Power Steering Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Electronic Power Steering Players Market Share by Production Value in 2025
- 3.8.3 2025 Electronic Power Steering Tier 1, Tier 2, and Tier 3
4 Electronic Power Steering Market by Type
- 4.1 Electronic Power Steering Type Introduction
- 4.1.1 Column Assist EPS
- 4.1.2 Single-Pinion Assist EPS
- 4.1.3 Dual-Pinion Assist EPS
- 4.1.4 Rack Assist EPS
- 4.2 Global Electronic Power Steering Production by Type
- 4.2.1 Global Electronic Power Steering Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Electronic Power Steering Production by Type (2021-2032)
- 4.2.3 Global Electronic Power Steering Production Market Share by Type (2021-2032)
- 4.3 Global Electronic Power Steering Production Value by Type
- 4.3.1 Global Electronic Power Steering Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Electronic Power Steering Production Value by Type (2021-2032)
- 4.3.3 Global Electronic Power Steering Production Value Market Share by Type (2021-2032)
5 Electronic Power Steering Market by Application
- 5.1 Electronic Power Steering Application Introduction
- 5.1.1 Commercial Vehicles
- 5.1.2 Passenger Cars
- 5.2 Global Electronic Power Steering Production by Application
- 5.2.1 Global Electronic Power Steering Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Electronic Power Steering Production by Application (2021-2032)
- 5.2.3 Global Electronic Power Steering Production Market Share by Application (2021-2032)
- 5.3 Global Electronic Power Steering Production Value by Application
- 5.3.1 Global Electronic Power Steering Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Electronic Power Steering Production Value by Application (2021-2032)
- 5.3.3 Global Electronic Power Steering Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 JTEKT
- 6.1.1 JTEKT Company Information
- 6.1.2 JTEKT Business Overview
- 6.1.3 JTEKT Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.1.4 JTEKT Electronic Power Steering Product Portfolio
- 6.1.5 JTEKT Recent Developments
- 6.2 Bosch
- 6.2.1 Bosch Company Information
- 6.2.2 Bosch Business Overview
- 6.2.3 Bosch Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.2.4 Bosch Electronic Power Steering Product Portfolio
- 6.2.5 Bosch Recent Developments
- 6.3 Nexteer
- 6.3.1 Nexteer Company Information
- 6.3.2 Nexteer Business Overview
- 6.3.3 Nexteer Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.3.4 Nexteer Electronic Power Steering Product Portfolio
- 6.3.5 Nexteer Recent Developments
- 6.4 ZF
- 6.4.1 ZF Company Information
- 6.4.2 ZF Business Overview
- 6.4.3 ZF Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.4.4 ZF Electronic Power Steering Product Portfolio
- 6.4.5 ZF Recent Developments
- 6.5 NSK
- 6.5.1 NSK Company Information
- 6.5.2 NSK Business Overview
- 6.5.3 NSK Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.5.4 NSK Electronic Power Steering Product Portfolio
- 6.5.5 NSK Recent Developments
- 6.6 Hitachi Astemo (Showa)
- 6.6.1 Hitachi Astemo (Showa) Company Information
- 6.6.2 Hitachi Astemo (Showa) Business Overview
- 6.6.3 Hitachi Astemo (Showa) Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.6.4 Hitachi Astemo (Showa) Electronic Power Steering Product Portfolio
- 6.6.5 Hitachi Astemo (Showa) Recent Developments
- 6.7 Hyundai Mobis
- 6.7.1 Hyundai Mobis Company Information
- 6.7.2 Hyundai Mobis Business Overview
- 6.7.3 Hyundai Mobis Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.7.4 Hyundai Mobis Electronic Power Steering Product Portfolio
- 6.7.5 Hyundai Mobis Recent Developments
- 6.8 Thyssenkrupp
- 6.8.1 Thyssenkrupp Company Information
- 6.8.2 Thyssenkrupp Business Overview
- 6.8.3 Thyssenkrupp Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.8.4 Thyssenkrupp Electronic Power Steering Product Portfolio
- 6.8.5 Thyssenkrupp Recent Developments
- 6.9 Mando
- 6.9.1 Mando Company Information
- 6.9.2 Mando Business Overview
- 6.9.3 Mando Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.9.4 Mando Electronic Power Steering Product Portfolio
- 6.9.5 Mando Recent Developments
- 6.10 CAAS
- 6.10.1 CAAS Company Information
- 6.10.2 CAAS Business Overview
- 6.10.3 CAAS Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.10.4 CAAS Electronic Power Steering Product Portfolio
- 6.10.5 CAAS Recent Developments
- 6.11 Zhuzhou Elite
- 6.11.1 Zhuzhou Elite Company Information
- 6.11.2 Zhuzhou Elite Business Overview
- 6.11.3 Zhuzhou Elite Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.11.4 Zhuzhou Elite Electronic Power Steering Product Portfolio
- 6.11.5 Zhuzhou Elite Recent Developments
- 6.12 Yubei
- 6.12.1 Yubei Company Information
- 6.12.2 Yubei Business Overview
- 6.12.3 Yubei Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.12.4 Yubei Electronic Power Steering Product Portfolio
- 6.12.5 Yubei Recent Developments
- 6.13 Zhejiang Shibao
- 6.13.1 Zhejiang Shibao Company Information
- 6.13.2 Zhejiang Shibao Business Overview
- 6.13.3 Zhejiang Shibao Electronic Power Steering Production, Value and Gross Margin (2021-2026)
- 6.13.4 Zhejiang Shibao Electronic Power Steering Product Portfolio
- 6.13.5 Zhejiang Shibao Recent Developments
7 Global Electronic Power Steering Production by Region
- 7.1 Global Electronic Power Steering Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Electronic Power Steering Production by Region (2021-2032)
- 7.2.1 Global Electronic Power Steering Production by Region (2021-2026)
- 7.2.2 Global Electronic Power Steering Production Forecast by Region (2027-2032)
- 7.3 Global Electronic Power Steering Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Electronic Power Steering Production Value by Region (2021-2032)
- 7.4.1 Global Electronic Power Steering Production Value by Region (2021-2026)
- 7.4.2 Global Electronic Power Steering Production Value by Region (2027-2032)
- 7.5 Global Electronic Power Steering Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Electronic Power Steering Production Value (2021-2032)
- 7.6.2 Europe Electronic Power Steering Production Value (2021-2032)
- 7.6.3 Asia-Pacific Electronic Power Steering Production Value (2021-2032)
- 7.6.4 South America Electronic Power Steering Production Value (2021-2032)
- 7.6.5 Middle East & Africa Electronic Power Steering Production Value (2021-2032)
8 Global Electronic Power Steering Consumption by Region
- 8.1 Global Electronic Power Steering Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Electronic Power Steering Consumption by Region (2021-2032)
- 8.2.1 Global Electronic Power Steering Consumption by Region (2021-2026)
- 8.2.2 Global Electronic Power Steering Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Electronic Power Steering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Electronic Power Steering Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Electronic Power Steering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Electronic Power Steering Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Electronic Power Steering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Electronic Power Steering Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Electronic Power Steering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Electronic Power Steering Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Electronic Power Steering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Electronic Power Steering Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 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 Manufacturing Cost Structure
- 9.1.4 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 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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