Global EPS Motors Supply, Demand and Key Producers, 2026-2032
Description
The global EPS Motors market size is expected to reach $ 2968 million by 2032, rising at a market growth of 2.3% CAGR during the forecast period (2026-2032).
EPS is the abbreviation of Electric Power Steering in English, that is, electric power steering system. Electric power steering system is the development direction of automobile steering system. The system uses the electric motor to directly provide steering assistance, eliminating the power steering oil pump, hose, hydraulic oil, conveyor belt and the pulley installed on the engine that are necessary for the hydraulic power steering system, which saves energy and protects the environment. In addition, it also has the characteristics of simple adjustment, flexible assembly, and can provide steering assistance under various conditions.
EPS motor is classified as CEPS motor, REPS motor, PEPS motor, EHPS motor, etc. It is mainly used in passenger cars and commercial vehicles. At present, the main global manufacturers include Nidec, Bosch, mitsuishi electric, Denso and ZF. In 2019, the share of top 5 major manufacturers accounts for more than 78%. It is expected that the industry competition will be more intense in the next few years, especially in China market.
This report studies the global EPS Motors production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for EPS Motors and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of EPS Motors that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global EPS Motors total production and demand, 2021-2032, (K Units)
Global EPS Motors total production value, 2021-2032, (USD Million)
Global EPS Motors production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global EPS Motors consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: EPS Motors domestic production, consumption, key domestic manufacturers and share
Global EPS Motors production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global EPS Motors production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global EPS Motors production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global EPS Motors market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nidec, Bosch, Mitsubishi Electric, Denso, ZF, LG Innotek, Mitsuba, Zhuzhou Elite Electro Mechanical Co., Ltd, Fuxin Dare Automotive Parts Co.,Ltd, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World EPS Motors market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global EPS Motors Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global EPS Motors Market, Segmentation by Type:
CEPS Motor
REPS Motor
PEPS Motor
EHPS Motor
Global EPS Motors Market, Segmentation by Application:
Passenger Vehicle
Commercial Vehicle
Companies Profiled:
Nidec
Bosch
Mitsubishi Electric
Denso
ZF
LG Innotek
Mitsuba
Zhuzhou Elite Electro Mechanical Co., Ltd
Fuxin Dare Automotive Parts Co.,Ltd
Key Questions Answered:
1. How big is the global EPS Motors market?
2. What is the demand of the global EPS Motors market?
3. What is the year over year growth of the global EPS Motors market?
4. What is the production and production value of the global EPS Motors market?
5. Who are the key producers in the global EPS Motors market?
6. What are the growth factors driving the market demand?
EPS is the abbreviation of Electric Power Steering in English, that is, electric power steering system. Electric power steering system is the development direction of automobile steering system. The system uses the electric motor to directly provide steering assistance, eliminating the power steering oil pump, hose, hydraulic oil, conveyor belt and the pulley installed on the engine that are necessary for the hydraulic power steering system, which saves energy and protects the environment. In addition, it also has the characteristics of simple adjustment, flexible assembly, and can provide steering assistance under various conditions.
EPS motor is classified as CEPS motor, REPS motor, PEPS motor, EHPS motor, etc. It is mainly used in passenger cars and commercial vehicles. At present, the main global manufacturers include Nidec, Bosch, mitsuishi electric, Denso and ZF. In 2019, the share of top 5 major manufacturers accounts for more than 78%. It is expected that the industry competition will be more intense in the next few years, especially in China market.
This report studies the global EPS Motors production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for EPS Motors and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of EPS Motors that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global EPS Motors total production and demand, 2021-2032, (K Units)
Global EPS Motors total production value, 2021-2032, (USD Million)
Global EPS Motors production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global EPS Motors consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: EPS Motors domestic production, consumption, key domestic manufacturers and share
Global EPS Motors production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global EPS Motors production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global EPS Motors production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global EPS Motors market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nidec, Bosch, Mitsubishi Electric, Denso, ZF, LG Innotek, Mitsuba, Zhuzhou Elite Electro Mechanical Co., Ltd, Fuxin Dare Automotive Parts Co.,Ltd, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World EPS Motors market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global EPS Motors Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global EPS Motors Market, Segmentation by Type:
CEPS Motor
REPS Motor
PEPS Motor
EHPS Motor
Global EPS Motors Market, Segmentation by Application:
Passenger Vehicle
Commercial Vehicle
Companies Profiled:
Nidec
Bosch
Mitsubishi Electric
Denso
ZF
LG Innotek
Mitsuba
Zhuzhou Elite Electro Mechanical Co., Ltd
Fuxin Dare Automotive Parts Co.,Ltd
Key Questions Answered:
1. How big is the global EPS Motors market?
2. What is the demand of the global EPS Motors market?
3. What is the year over year growth of the global EPS Motors market?
4. What is the production and production value of the global EPS Motors market?
5. Who are the key producers in the global EPS Motors market?
6. What are the growth factors driving the market demand?
Table of Contents
101 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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