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
Market Structure
Global Electric Power Steering System (EPS) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
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
The report provides an overview of the global Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) market size, projected growth trends, production technologies, key applications, and end-use industries.
Electric Power Steering System (EPS) Segment 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
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 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: Provides an overview of the Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) industry.
Chapter 3: Detailed analysis of Electric Power Steering System (EPS) market competition landscape. Including Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) 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
- 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) Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Electric Power Steering System (EPS) Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Electric Power Steering System (EPS) Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Electric Power Steering System (EPS) Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) Market by Manufacturers
- 3.1 Global Electric Power Steering System (EPS) Production Value by Manufacturers (2021-2026)
- 3.2 Global Electric Power Steering System (EPS) Production by Manufacturers (2021-2026)
- 3.3 Global Electric Power Steering System (EPS) Average Price by Manufacturers (2021-2026)
- 3.4 Global Electric Power Steering System (EPS) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Electric Power Steering System (EPS) Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Electric Power Steering System (EPS) Manufacturers, Product Type & Application
- 3.7 Global Electric Power Steering System (EPS) Manufacturers Established 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 Production Value in 2025
- 3.8.3 2025 Electric Power Steering System (EPS) Tier 1, Tier 2, and Tier 3
4 Electric Power Steering System (EPS) Market by Type
- 4.1 Electric Power Steering System (EPS) Type Introduction
- 4.1.1 C-EPS
- 4.1.2 P-EPS
- 4.1.3 R-EPS
- 4.2 Global Electric Power Steering System (EPS) Production by Type
- 4.2.1 Global Electric Power Steering System (EPS) Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Electric Power Steering System (EPS) Production by Type (2021-2032)
- 4.2.3 Global Electric Power Steering System (EPS) Production Market Share by Type (2021-2032)
- 4.3 Global Electric Power Steering System (EPS) Production Value by Type
- 4.3.1 Global Electric Power Steering System (EPS) Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Electric Power Steering System (EPS) Production Value by Type (2021-2032)
- 4.3.3 Global Electric Power Steering System (EPS) Production Value Market Share by Type (2021-2032)
5 Electric Power Steering System (EPS) Market by Application
- 5.1 Electric Power Steering System (EPS) Application Introduction
- 5.1.1 Passenger Vehicle
- 5.1.2 Commercial Vehicle
- 5.2 Global Electric Power Steering System (EPS) Production by Application
- 5.2.1 Global Electric Power Steering System (EPS) Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Electric Power Steering System (EPS) Production by Application (2021-2032)
- 5.2.3 Global Electric Power Steering System (EPS) Production Market Share by Application (2021-2032)
- 5.3 Global Electric Power Steering System (EPS) Production Value by Application
- 5.3.1 Global Electric Power Steering System (EPS) Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Electric Power Steering System (EPS) Production Value by Application (2021-2032)
- 5.3.3 Global Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) Production, Value 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) Production, Value 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) Production, Value 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) Production, Value 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) Production, Value 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) Production, Value 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) Production, Value 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) Production, Value 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) Production, Value and Gross Margin (2021-2026)
- 6.9.4 Mando Electric Power Steering System (EPS) Product Portfolio
- 6.9.5 Mando Recent Developments
7 Global Electric Power Steering System (EPS) Production by Region
- 7.1 Global Electric Power Steering System (EPS) Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Electric Power Steering System (EPS) Production by Region (2021-2032)
- 7.2.1 Global Electric Power Steering System (EPS) Production by Region (2021-2026)
- 7.2.2 Global Electric Power Steering System (EPS) Production Forecast by Region (2027-2032)
- 7.3 Global Electric Power Steering System (EPS) Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Electric Power Steering System (EPS) Production Value by Region (2021-2032)
- 7.4.1 Global Electric Power Steering System (EPS) Production Value by Region (2021-2026)
- 7.4.2 Global Electric Power Steering System (EPS) Production Value by Region (2027-2032)
- 7.5 Global Electric Power Steering System (EPS) Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Electric Power Steering System (EPS) Production Value (2021-2032)
- 7.6.2 Europe Electric Power Steering System (EPS) Production Value (2021-2032)
- 7.6.3 Asia-Pacific Electric Power Steering System (EPS) Production Value (2021-2032)
- 7.6.4 South America Electric Power Steering System (EPS) Production Value (2021-2032)
- 7.6.5 Middle East & Africa Electric Power Steering System (EPS) Production Value (2021-2032)
8 Global Electric Power Steering System (EPS) Consumption by Region
- 8.1 Global Electric Power Steering System (EPS) Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Electric Power Steering System (EPS) Consumption by Region (2021-2032)
- 8.2.1 Global Electric Power Steering System (EPS) Consumption by Region (2021-2026)
- 8.2.2 Global Electric Power Steering System (EPS) Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Electric Power Steering System (EPS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Electric Power Steering System (EPS) 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 Electric Power Steering System (EPS) Value Chain Analysis
- 9.1.1 Electric Power Steering System (EPS) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Electric Power Steering System (EPS) Production Mode & Process
- 9.2 Electric Power Steering System (EPS) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Electric Power Steering System (EPS) Distributors
- 9.2.3 Electric Power Steering System (EPS) 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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