APO RESEARCH · REPORT
Electric Power Steering System (EPS)
Automotive Electronic Power Steering System is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.
Product & engineering
Understand the product.
Automotive Electronic Power Steering System is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.
Selected research
Industry Growth & Trends
Global Electric Power Steering System (EPS) Industry Growth and Trends Forecast to 2032
Market perspective
Automotive Electronic Power Steering System is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.
JTEKT, Bosch, NSK, Nexteer and ZF are the top 5 players of Electric Power Steering System (EPS), with about 83% market shares.
The Europe is the largest production region, it occupies about 26% market share, the North America occupies about 18% market share, the JP&KR occupies about 18% market share, the China occupies about 21% market share.
Read the full market overview
Report Scope
This report provides a structured, data-driven view of the global Electric Power Steering System (EPS) market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Electric Power Steering System (EPS) market size, estimates, and forecasts are presented in terms of sales volume (K Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Electric Power Steering System (EPS) market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Electric Power Steering System (EPS).
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Electric Power Steering System (EPS) market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Electric Power Steering System (EPS) Market by Company
JTEKT
Bosch
NSK
Nexteer
ZF
Mobis
Showa
Thyssenkrupp
Mando
Electric Power Steering System (EPS) Segment by Type
C-EPS
P-EPS
R-EPS
Electric Power Steering System (EPS) Segment by Application
Passenger Vehicle
Commercial Vehicle
Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Electric Power Steering System (EPS) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Electric Power Steering System (EPS) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- C-EPS
- P-EPS
- R-EPS
Applications
- Passenger Vehicle
- Commercial Vehicle
Companies covered
- JTEKT
- Bosch
- NSK
- Nexteer
- ZF
- Mobis
- Showa
- Thyssenkrupp
- Mando
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Electric Power Steering System (EPS) Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Electric Power Steering System (EPS) Sales Estimates and Forecasts (2021-2032)
- 1.3 Electric Power Steering System (EPS) Market by Type
- 1.3.1 C-EPS
- 1.3.2 P-EPS
- 1.3.3 R-EPS
- 1.4 Global Electric Power Steering System (EPS) Market Size by Type
- 1.4.1 Global Electric Power Steering System (EPS) Market Size Overview by Type (2021-2032)
- 1.4.2 Global Electric Power Steering System (EPS) Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Electric Power Steering System (EPS) Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Electric Power Steering System (EPS) Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Electric Power Steering System (EPS) Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Electric Power Steering System (EPS) Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Electric Power Steering System (EPS) Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Electric Power Steering System (EPS) Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Electric Power Steering System (EPS) Industry Trends
- 2.2 Electric Power Steering System (EPS) Industry Drivers
- 2.3 Electric Power Steering System (EPS) Industry Opportunities and Challenges
- 2.4 Electric Power Steering System (EPS) Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Electric Power Steering System (EPS) Revenue (2021-2026)
- 3.2 Global Top Players by Electric Power Steering System (EPS) Sales (2021-2026)
- 3.3 Global Top Players by Electric Power Steering System (EPS) Price (2021-2026)
- 3.4 Global Electric Power Steering System (EPS) Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Electric Power Steering System (EPS) Major Company Production Sites & Headquarters
- 3.6 Global Electric Power Steering System (EPS) Company, Product Type & Application
- 3.7 Global Electric Power Steering System (EPS) Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Electric Power Steering System (EPS) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Electric Power Steering System (EPS) Players Market Share by Revenue in 2025
- 3.8.3 2025 Electric Power Steering System (EPS) Tier 1, Tier 2, and Tier 3
4 Electric Power Steering System (EPS) Regional Status and Outlook
- 4.1 Global Electric Power Steering System (EPS) Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Electric Power Steering System (EPS) Historic Market Size by Region
- 4.2.1 Global Electric Power Steering System (EPS) Sales in Volume by Region (2021-2026)
- 4.2.2 Global Electric Power Steering System (EPS) Sales in Value by Region (2021-2026)
- 4.2.3 Global Electric Power Steering System (EPS) Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Electric Power Steering System (EPS) Forecasted Market Size by Region
- 4.3.1 Global Electric Power Steering System (EPS) Sales in Volume by Region (2027-2032)
- 4.3.2 Global Electric Power Steering System (EPS) Sales in Value by Region (2027-2032)
- 4.3.3 Global Electric Power Steering System (EPS) Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Electric Power Steering System (EPS) by Application
- 5.1 Electric Power Steering System (EPS) Market by Application
- 5.1.1 Passenger Vehicle
- 5.1.2 Commercial Vehicle
- 5.2 Global Electric Power Steering System (EPS) Market Size by Application
- 5.2.1 Global Electric Power Steering System (EPS) Market Size Overview by Application (2021-2032)
- 5.2.2 Global Electric Power Steering System (EPS) Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Electric Power Steering System (EPS) Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Electric Power Steering System (EPS) Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Electric Power Steering System (EPS) Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Electric Power Steering System (EPS) Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Electric Power Steering System (EPS) Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Electric Power Steering System (EPS) Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 JTEKT
- 6.1.1 JTEKT Company Information
- 6.1.2 JTEKT Business Overview
- 6.1.3 JTEKT Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 JTEKT Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Bosch Electric Power Steering System (EPS) Product Portfolio
- 6.2.5 Bosch Recent Developments
- 6.3 NSK
- 6.3.1 NSK Company Information
- 6.3.2 NSK Business Overview
- 6.3.3 NSK Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 NSK Electric Power Steering System (EPS) Product Portfolio
- 6.3.5 NSK Recent Developments
- 6.4 Nexteer
- 6.4.1 Nexteer Company Information
- 6.4.2 Nexteer Business Overview
- 6.4.3 Nexteer Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Nexteer Electric Power Steering System (EPS) Product Portfolio
- 6.4.5 Nexteer Recent Developments
- 6.5 ZF
- 6.5.1 ZF Company Information
- 6.5.2 ZF Business Overview
- 6.5.3 ZF Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 ZF Electric Power Steering System (EPS) Product Portfolio
- 6.5.5 ZF Recent Developments
- 6.6 Mobis
- 6.6.1 Mobis Company Information
- 6.6.2 Mobis Business Overview
- 6.6.3 Mobis Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Mobis Electric Power Steering System (EPS) Product Portfolio
- 6.6.5 Mobis Recent Developments
- 6.7 Showa
- 6.7.1 Showa Company Information
- 6.7.2 Showa Business Overview
- 6.7.3 Showa Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Showa Electric Power Steering System (EPS) Product Portfolio
- 6.7.5 Showa Recent Developments
- 6.8 Thyssenkrupp
- 6.8.1 Thyssenkrupp Company Information
- 6.8.2 Thyssenkrupp Business Overview
- 6.8.3 Thyssenkrupp Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Thyssenkrupp Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Mando Electric Power Steering System (EPS) Product Portfolio
- 6.9.5 Mando Recent Developments
7 North America by Country
- 7.1 North America Electric Power Steering System (EPS) Sales by Country
- 7.1.1 North America Electric Power Steering System (EPS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Electric Power Steering System (EPS) Sales by Country (2021-2026)
- 7.1.3 North America Electric Power Steering System (EPS) Sales Forecast by Country (2027-2032)
- 7.2 North America Electric Power Steering System (EPS) Market Size by Country
- 7.2.1 North America Electric Power Steering System (EPS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Electric Power Steering System (EPS) Market Size by Country (2021-2026)
- 7.2.3 North America Electric Power Steering System (EPS) Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Electric Power Steering System (EPS) Sales by Country
- 8.1.1 Europe Electric Power Steering System (EPS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Electric Power Steering System (EPS) Sales by Country (2021-2026)
- 8.1.3 Europe Electric Power Steering System (EPS) Sales Forecast by Country (2027-2032)
- 8.2 Europe Electric Power Steering System (EPS) Market Size by Country
- 8.2.1 Europe Electric Power Steering System (EPS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Electric Power Steering System (EPS) Market Size by Country (2021-2026)
- 8.2.3 Europe Electric Power Steering System (EPS) Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Electric Power Steering System (EPS) Sales by Country
- 9.1.1 Asia-Pacific Electric Power Steering System (EPS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Electric Power Steering System (EPS) Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Electric Power Steering System (EPS) Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Electric Power Steering System (EPS) Market Size by Country
- 9.2.1 Asia-Pacific Electric Power Steering System (EPS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Electric Power Steering System (EPS) Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Electric Power Steering System (EPS) Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Electric Power Steering System (EPS) Sales by Country
- 10.1.1 South America Electric Power Steering System (EPS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Electric Power Steering System (EPS) Sales by Country (2021-2026)
- 10.1.3 South America Electric Power Steering System (EPS) Sales Forecast by Country (2027-2032)
- 10.2 South America Electric Power Steering System (EPS) Market Size by Country
- 10.2.1 South America Electric Power Steering System (EPS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Electric Power Steering System (EPS) Market Size by Country (2021-2026)
- 10.2.3 South America Electric Power Steering System (EPS) Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Electric Power Steering System (EPS) Sales by Country
- 11.1.1 Middle East and Africa Electric Power Steering System (EPS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Electric Power Steering System (EPS) Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Electric Power Steering System (EPS) Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Electric Power Steering System (EPS) Market Size by Country
- 11.2.1 Middle East and Africa Electric Power Steering System (EPS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Electric Power Steering System (EPS) Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Electric Power Steering System (EPS) Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Electric Power Steering System (EPS) Value Chain Analysis
- 12.1.1 Electric Power Steering System (EPS) Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Electric Power Steering System (EPS) Production Mode & Process
- 12.2 Electric Power Steering System (EPS) Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Electric Power Steering System (EPS) Distributors
- 12.2.3 Electric Power Steering System (EPS) Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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