Global Electric Power Steering System (EPS) Competitive Landscape Professional Research Report 2025

Research Summary

The Electric Power Steering System (EPS) is an advanced technology integrated into modern automobiles to facilitate steering control. Instead of relying on hydraulic fluid pressure, EPS utilizes an electric motor to provide variable levels of power assistance to the driver＇s steering inputs. Sensors monitor the vehicle＇s speed, the driver＇s actions, and other factors to adjust the amount of assistance needed, making steering easier at low speeds, such as during parking maneuvers, while gradually reducing assistance at higher speeds to maintain a natural and responsive driving feel. EPS offers benefits like increased fuel efficiency, flexibility for integration with driver-assistance features, and simplified maintenance compared to traditional hydraulic power steering systems, making it a common choice in contemporary vehicles.

According to DIResearch's in-depth investigation and research, the global Electric Power Steering System (EPS) market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Electric Power Steering System (EPS) include JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp, Mando, CAAS, Zhuzhou Elite, Yubei, Zhejiang Shibao etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Electric Power Steering System (EPS). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Electric Power Steering System (EPS) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Electric Power Steering System (EPS) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Electric Power Steering System (EPS) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Electric Power Steering System (EPS) Include:

JTEKT

Bosch

Nexteer

ZF

NSK

Hitachi Astemo (Showa)

Hyundai Mobis

Thyssenkrupp

Mando

CAAS

Zhuzhou Elite

Yubei

Zhejiang Shibao

Electric Power Steering System (EPS) Product Segment Include:

C-EPS

P-EPS

DP-EPS

R-EPS

Electric Power Steering System (EPS) Product Application Include:

Passenger Car

Commercial Vehicle

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Electric Power Steering System (EPS) Industry PESTEL Analysis

Chapter 3: Global Electric Power Steering System (EPS) Industry Porter’s Five Forces Analysis

Chapter 4: Global Electric Power Steering System (EPS) Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Electric Power Steering System (EPS) Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Electric Power Steering System (EPS) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Electric Power Steering System (EPS) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Electric Power Steering System (EPS) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Electric Power Steering System (EPS) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Electric Power Steering System (EPS) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Electric Power Steering System (EPS) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Electric Power Steering System (EPS) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources Show more