Selected research
Industry Growth & Trends
Global Electric Power Assisted Steering Systems Industry Growth and Trends Forecast to 2032
Market perspective
The global Electric Power Assisted Steering Systems market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Electric Power Assisted Steering Systems is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Electric Power Assisted Steering Systems is projected to increase 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 Electric Power Assisted Steering Systems 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 Electric Power Assisted Steering Systems include JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo, Hyundai Mobis, Thyssenkrupp and Mando, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Electric Power Assisted Steering Systems market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Electric Power Assisted Steering Systems 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 Assisted Steering Systems 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 Assisted Steering Systems.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Electric Power Assisted Steering Systems 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 Assisted Steering Systems Market by Company
JTEKT
Bosch
Nexteer
ZF
NSK
Hitachi Astemo
Hyundai Mobis
Thyssenkrupp
Mando
CAAS
Zhuzhou Elite
Yubei
Zhejiang Shibao
Electric Power Assisted Steering Systems Segment by Type
C-EPS
P-EPS
DP-EPS
R-EPS
Electric Power Assisted Steering Systems Segment by Application
Passenger Car
Commercial Vehicle
Electric Power Assisted Steering Systems 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
Colombia
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 Assisted Steering Systems 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 Assisted Steering Systems 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 Assisted Steering Systems.
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 Assisted Steering Systems 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 Assisted Steering Systems 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
- DP-EPS
- R-EPS
Applications
- Passenger Car
- Commercial Vehicle
Companies covered
- JTEKT
- Bosch
- Nexteer
- ZF
- NSK
- Hitachi Astemo
- 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 Electric Power Assisted Steering Systems Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Electric Power Assisted Steering Systems Sales Estimates and Forecasts (2021-2032)
- 1.3 Electric Power Assisted Steering Systems Market by Type
- 1.3.1 C-EPS
- 1.3.2 P-EPS
- 1.3.3 DP-EPS
- 1.3.4 R-EPS
- 1.4 Global Electric Power Assisted Steering Systems Market Size by Type
- 1.4.1 Global Electric Power Assisted Steering Systems Market Size Overview by Type (2021-2032)
- 1.4.2 Global Electric Power Assisted Steering Systems Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Electric Power Assisted Steering Systems Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Electric Power Assisted Steering Systems Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Electric Power Assisted Steering Systems Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Electric Power Assisted Steering Systems Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Electric Power Assisted Steering Systems Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Electric Power Assisted Steering Systems Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Electric Power Assisted Steering Systems Industry Trends
- 2.2 Electric Power Assisted Steering Systems Industry Drivers
- 2.3 Electric Power Assisted Steering Systems Industry Opportunities and Challenges
- 2.4 Electric Power Assisted Steering Systems Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Electric Power Assisted Steering Systems Revenue (2021-2026)
- 3.2 Global Top Players by Electric Power Assisted Steering Systems Sales (2021-2026)
- 3.3 Global Top Players by Electric Power Assisted Steering Systems Price (2021-2026)
- 3.4 Global Electric Power Assisted Steering Systems Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Electric Power Assisted Steering Systems Major Company Production Sites & Headquarters
- 3.6 Global Electric Power Assisted Steering Systems Company, Product Type & Application
- 3.7 Global Electric Power Assisted Steering Systems Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Electric Power Assisted Steering Systems Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Electric Power Assisted Steering Systems Players Market Share by Revenue in 2025
- 3.8.3 2025 Electric Power Assisted Steering Systems Tier 1, Tier 2, and Tier 3
4 Electric Power Assisted Steering Systems Regional Status and Outlook
- 4.1 Global Electric Power Assisted Steering Systems Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Electric Power Assisted Steering Systems Historic Market Size by Region
- 4.2.1 Global Electric Power Assisted Steering Systems Sales in Volume by Region (2021-2026)
- 4.2.2 Global Electric Power Assisted Steering Systems Sales in Value by Region (2021-2026)
- 4.2.3 Global Electric Power Assisted Steering Systems Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Electric Power Assisted Steering Systems Forecasted Market Size by Region
- 4.3.1 Global Electric Power Assisted Steering Systems Sales in Volume by Region (2027-2032)
- 4.3.2 Global Electric Power Assisted Steering Systems Sales in Value by Region (2027-2032)
- 4.3.3 Global Electric Power Assisted Steering Systems Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Electric Power Assisted Steering Systems by Application
- 5.1 Electric Power Assisted Steering Systems Market by Application
- 5.1.1 Passenger Car
- 5.1.2 Commercial Vehicle
- 5.2 Global Electric Power Assisted Steering Systems Market Size by Application
- 5.2.1 Global Electric Power Assisted Steering Systems Market Size Overview by Application (2021-2032)
- 5.2.2 Global Electric Power Assisted Steering Systems Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Electric Power Assisted Steering Systems Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Electric Power Assisted Steering Systems Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Electric Power Assisted Steering Systems Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Electric Power Assisted Steering Systems Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Electric Power Assisted Steering Systems Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Electric Power Assisted Steering Systems 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 Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 JTEKT Electric Power Assisted Steering Systems 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 Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Bosch Electric Power Assisted Steering Systems 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 Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Nexteer Electric Power Assisted Steering Systems 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 Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 ZF Electric Power Assisted Steering Systems 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 Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 NSK Electric Power Assisted Steering Systems Product Portfolio
- 6.5.5 NSK Recent Developments
- 6.6 Hitachi Astemo
- 6.6.1 Hitachi Astemo Company Information
- 6.6.2 Hitachi Astemo Business Overview
- 6.6.3 Hitachi Astemo Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Hitachi Astemo Electric Power Assisted Steering Systems Product Portfolio
- 6.6.5 Hitachi Astemo 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 Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Hyundai Mobis Electric Power Assisted Steering Systems 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 Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Thyssenkrupp Electric Power Assisted Steering Systems 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 Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Mando Electric Power Assisted Steering Systems 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 Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 CAAS Electric Power Assisted Steering Systems 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 Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Zhuzhou Elite Electric Power Assisted Steering Systems 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 Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Yubei Electric Power Assisted Steering Systems 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 Electric Power Assisted Steering Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Zhejiang Shibao Electric Power Assisted Steering Systems Product Portfolio
- 6.13.5 Zhejiang Shibao Recent Developments
7 North America by Country
- 7.1 North America Electric Power Assisted Steering Systems Sales by Country
- 7.1.1 North America Electric Power Assisted Steering Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Electric Power Assisted Steering Systems Sales by Country (2021-2026)
- 7.1.3 North America Electric Power Assisted Steering Systems Sales Forecast by Country (2027-2032)
- 7.2 North America Electric Power Assisted Steering Systems Market Size by Country
- 7.2.1 North America Electric Power Assisted Steering Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Electric Power Assisted Steering Systems Market Size by Country (2021-2026)
- 7.2.3 North America Electric Power Assisted Steering Systems Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Electric Power Assisted Steering Systems Sales by Country
- 8.1.1 Europe Electric Power Assisted Steering Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Electric Power Assisted Steering Systems Sales by Country (2021-2026)
- 8.1.3 Europe Electric Power Assisted Steering Systems Sales Forecast by Country (2027-2032)
- 8.2 Europe Electric Power Assisted Steering Systems Market Size by Country
- 8.2.1 Europe Electric Power Assisted Steering Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Electric Power Assisted Steering Systems Market Size by Country (2021-2026)
- 8.2.3 Europe Electric Power Assisted Steering Systems Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Electric Power Assisted Steering Systems Sales by Country
- 9.1.1 Asia-Pacific Electric Power Assisted Steering Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Electric Power Assisted Steering Systems Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Electric Power Assisted Steering Systems Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Electric Power Assisted Steering Systems Market Size by Country
- 9.2.1 Asia-Pacific Electric Power Assisted Steering Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Electric Power Assisted Steering Systems Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Electric Power Assisted Steering Systems Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Electric Power Assisted Steering Systems Sales by Country
- 10.1.1 South America Electric Power Assisted Steering Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Electric Power Assisted Steering Systems Sales by Country (2021-2026)
- 10.1.3 South America Electric Power Assisted Steering Systems Sales Forecast by Country (2027-2032)
- 10.2 South America Electric Power Assisted Steering Systems Market Size by Country
- 10.2.1 South America Electric Power Assisted Steering Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Electric Power Assisted Steering Systems Market Size by Country (2021-2026)
- 10.2.3 South America Electric Power Assisted Steering Systems Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Electric Power Assisted Steering Systems Sales by Country
- 11.1.1 Middle East and Africa Electric Power Assisted Steering Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Electric Power Assisted Steering Systems Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Electric Power Assisted Steering Systems Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Electric Power Assisted Steering Systems Market Size by Country
- 11.2.1 Middle East and Africa Electric Power Assisted Steering Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Electric Power Assisted Steering Systems Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Electric Power Assisted Steering Systems Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Electric Power Assisted Steering Systems Value Chain Analysis
- 12.1.1 Electric Power Assisted Steering Systems 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 Assisted Steering Systems Production Mode & Process
- 12.2 Electric Power Assisted Steering Systems Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Electric Power Assisted Steering Systems Distributors
- 12.2.3 Electric Power Assisted Steering Systems 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
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst