United Kingdom Automotive EPS Market Report and Forecast 2025-2034
Description
The United Kingdom automotive EPS market size reached nearly USD 1.49 Billion in 2024. The market is projected to grow at a CAGR of 6.10% between 2025 and 2034 to reach a value of around USD 2.69 Billion by 2034.
Key Trends in the Market
Automotive EPS, variously known as an automotive electric power steering system, refers to a type of steering technology which uses electric motors to control the vehicle steering. EPS facilitates highly automated driving, smooth ride, enhanced accessibility, and improved driving performance.
The EMR’s report titled “United Kingdom Automotive EPS Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
Sensors account for a significant portion of the United Kingdom automotive EPS market share. EPS sensors offer excellent adjustability while handling steering. The lightweight benefits of the sensors enable the drivers to attain greater control over driving. Sensors also reduce the load on engines, which leads to higher fuel efficiency. Moreover, in EPS sensors, electric current is used as per requirement, which is a major advantage that improves vehicle performance.
Market Share by Vehicle Type
As per the United Kingdom automotive EPS market analysis, passenger cars are expected to witness a healthy growth in the forecast period, owing to the increasing sales of electric and plug-in hybrid vehicles in the country. In addition, the development of advanced EPS systems with features such as crosswind compensation and lane keep assist, among others, is anticipated to fuel the segment’s growth in the coming years.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the United Kingdom automotive EPS market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Robert Bosch GmbH
Robert Bosch GmbH is a leading engineering company which manufactures home appliances, automotive components, power tools, garden tools, measuring tools, and smart home components, among others. The company was founded in 1886 and is headquartered in Gerlingen, Germany.
Hitachi Limited
Hitachi Limited is a multinational corporation which develops and sells measurement and analytical systems, building systems, and automotive systems, among others. The automotive product portfolio of this company includes engine management, drive control, and car information systems, among others.
Infineon Technologies AG
Infineon Technologies AG is a company which offers high-quality semiconductor and electronic systems for the automotive sector. The portfolio of the company includes connectivity, sensing, control, and power management systems, among others.
Other United Kingdom automotive EPS market players include Mitsubishi Electric Corporation, ZF Friedrichshafen AG, BMW AG, GKN Automotive Limited, JTEKT Corporation, NSK Ltd., and Hyundai Motor Company, among others.
Key Trends in the Market
Automotive EPS, variously known as an automotive electric power steering system, refers to a type of steering technology which uses electric motors to control the vehicle steering. EPS facilitates highly automated driving, smooth ride, enhanced accessibility, and improved driving performance.
- Automotive EPS system improves fuel efficiency, eradicates the hassle of hydraulic fluid maintenance, and can be automatically adjusted to a crosswind or uneven road surface. Such advantages offered by EPS systems are fuelling the United Kingdom automotive EPS market growth.
- The thriving automotive sector in the United Kingdom is further boosting the incorporation of automotive EPS in passenger and commercial vehicles. Moreover, the increasing trend of autonomous vehicles is likely to surge the adoption of EPS systems that can monitor and automate steering movements.
- The rapid transition from traditional hydraulic steering systems towards EPS systems, owing to their lower maintenance, is one of the crucial United Kingdom automotive EPS market trends.
The EMR’s report titled “United Kingdom Automotive EPS Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
- Rack Assist Type (REPS)
- Column Assist Type (CEPS)
- Pinion Assist Type (PEPS)
- Steering Rack/Column
- Sensor
- Steering Motor
- Others
- Passenger Cars
- Commercial Vehicles
- Original Equipment Manufacturer (OEM)
- Aftermarket
Sensors account for a significant portion of the United Kingdom automotive EPS market share. EPS sensors offer excellent adjustability while handling steering. The lightweight benefits of the sensors enable the drivers to attain greater control over driving. Sensors also reduce the load on engines, which leads to higher fuel efficiency. Moreover, in EPS sensors, electric current is used as per requirement, which is a major advantage that improves vehicle performance.
Market Share by Vehicle Type
As per the United Kingdom automotive EPS market analysis, passenger cars are expected to witness a healthy growth in the forecast period, owing to the increasing sales of electric and plug-in hybrid vehicles in the country. In addition, the development of advanced EPS systems with features such as crosswind compensation and lane keep assist, among others, is anticipated to fuel the segment’s growth in the coming years.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the United Kingdom automotive EPS market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Robert Bosch GmbH
Robert Bosch GmbH is a leading engineering company which manufactures home appliances, automotive components, power tools, garden tools, measuring tools, and smart home components, among others. The company was founded in 1886 and is headquartered in Gerlingen, Germany.
Hitachi Limited
Hitachi Limited is a multinational corporation which develops and sells measurement and analytical systems, building systems, and automotive systems, among others. The automotive product portfolio of this company includes engine management, drive control, and car information systems, among others.
Infineon Technologies AG
Infineon Technologies AG is a company which offers high-quality semiconductor and electronic systems for the automotive sector. The portfolio of the company includes connectivity, sensing, control, and power management systems, among others.
Other United Kingdom automotive EPS market players include Mitsubishi Electric Corporation, ZF Friedrichshafen AG, BMW AG, GKN Automotive Limited, JTEKT Corporation, NSK Ltd., and Hyundai Motor Company, among others.
Table of Contents
125 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Automotive EPS Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Automotive EPS Historical Market (2018-2024)
- 5.3 Global Automotive EPS Market Forecast (2025-2034)
- 5.4 Global Automotive EPS Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 United Kingdom Automotive EPS Market Overview
- 6.1 Key Industry Highlights
- 6.2 United Kingdom Automotive EPS Historical Market (2018-2024)
- 6.3 United Kingdom Automotive EPS Market Forecast (2025-2034)
- 7 United Kingdom Automotive EPS Market by Product Type
- 7.1 Rack Assist Type (REPS)
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Column Assist Type (CEPS)
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Pinion Assist Type (PEPS)
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 United Kingdom Automotive EPS Market by Component Type
- 8.1 Steering Rack/Column
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Sensor
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Steering Motor
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Others
- 9 United Kingdom Automotive EPS Market by Vehicle Type
- 9.1 Passenger Cars
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Commercial Vehicles
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 United Kingdom Automotive EPS Market by Sales Channel
- 10.1 Original Equipment Manufacturer (OEM)
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Aftermarket
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Robert Bosch GmbH
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Hitachi Limited
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Infineon Technologies AG
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Mitsubishi Electric Corporation
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 ZF Friedrichshafen AG
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 BMW AG
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 GKN Automotive Limited
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 JTEKT Corporation
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 NSK Ltd.
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Hyundai Motor Company
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Others
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