Automotive Electro-Hydraulic Power Steering Pumps Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034

The Global Automotive Electro-Hydraulic Power Steering Pumps Market was valued at USD 9.2 billion in 2024 and is estimated to grow at a CAGR of 7.3% to reach USD 18.4 billion by 2034. This strong growth is being propelled by the worldwide shift toward fuel-saving and low-emission vehicles. As vehicle manufacturers aim to meet increasingly strict environmental mandates in regions like North America, Europe, and China, EHPS systems are becoming essential. Unlike conventional hydraulic steering, EHPS technology operates independently from the engine, turning on only when needed. This significantly cuts engine drag and lowers fuel use. Its adaptable structure makes it a strong fit for hybrid and mild hybrid vehicles. The system retains full steering capability even when the internal combustion engine is turned off - a common condition in hybrid operations, making it a cost-effective alternative to full electric steering systems.

As automakers increasingly build advanced driver assistance features into vehicles, they require more responsive and electronically controlled steering inputs. EHPS systems meet this need while ensuring safety and precision, even in vehicles with alternative powertrains. Their ability to support automated technologies such as lane centering and collision avoidance is driving their widespread adoption across vehicle categories.

The passenger vehicles segment held a 70% share and is expected to grow at a CAGR of 7.5% through 2034. The segment's scale in both production and demand makes it a major contributor to EHPS growth. Rising consumer expectations for better handling, refined ride quality, and safe driving experiences are motivating automakers to integrate EHPS systems more extensively. Hybrid and electric passenger vehicles, in particular, benefit from the system’s compatibility and energy-saving potential, encouraging manufacturers to use EHPS across a wide spectrum of models.

The vane pump technology segment accounted for 46% share in 2024 and is projected to grow at a CAGR of 8% through 2034. These pumps are preferred for their ability to maintain a consistent flow of hydraulic fluid, ensuring steady and precise steering feedback. Their design features sliding vanes that stay in constant contact with the pump housing, delivering smooth performance and superior driver control. Vane pumps are also valued for their quiet operation and low pulsation, making them a preferred choice in vehicle designs that emphasize cabin comfort and acoustic refinement.

China Automotive Electro-Hydraulic Power Steering Pumps Market generated USD 2.4 billion in 2024 and held a 67% share. The country’s accelerated adoption of hybrid systems and energy-conscious automotive technologies has pushed demand for EHPS systems across both domestic and international car brands. With a growing push for 48V hybrid platforms, EHPS solutions are seeing widespread integration. China’s position as a key production and innovation hub is further reinforced by heavy investments from both global Tier-1 suppliers and local companies in research, development, and regionalized manufacturing. The surge in ADAS adoption and intelligent steering technologies is also bolstering EHPS implementation across premium and mid-tier vehicle categories.

Major companies actively participating in the Global Automotive Electro-Hydraulic Power Steering Pumps Market include Delphi Technologies, ZF Friedrichshafen, Robert Bosch, Nexteer Automotive, Mitsubishi Electric, GKN Automotive, JTEKT, NSK Ltd., Hyundai Mobis, and Tenneco. To strengthen their competitive edge in the automotive EHPS market, companies are pursuing innovation-led growth and strategic partnerships. Many are investing heavily in R&D to enhance the energy efficiency, size, and integration flexibility of EHPS units meeting OEM requirements. Others are forming joint ventures with local players to optimize market reach in fast-growing economies like China. Streamlining manufacturing processes to localize production and reduce costs is another prominent strategy. Companies are also expanding their product portfolios with systems that support higher-voltage architectures like 48V platforms.  Show more