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Extent Research Global Electronic Power Steering Market
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Global Electronic Power Steering Market

Comprehensive industry overview, market size, share, trends, and forecast analysis.

Automobile & Transportation Jun 2019 Global 350 Pages No of Tables: 220 No of Figures: 60 Reviewed By: Priya M Author: Julie
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Global Electronic Power Steering Market

Market Size in USD Billion

CAGR : 17.60%
USD 1.14
2025
USD 4.17
2033
Forecast Period 2025 - 2033
Market Size (Base Year) USD 1.14 Billion
Market Size (Forecast) USD 4.17 Billion
CAGR 17.60%
Major Market Players Data provided in full report

Extent Research has published a report on Global Electronic Power Steering Market to portray the complete history and future scope of the market post-COVID pandemic. The impact of COVID-19 has affected not only the key players but also consumers in the Global Electronic Power Steering Market. The latest report on Electronic Power Steering product is another addition to its huge repository crammed up with reports associated with other markets. Our analysts have the report on Global Electronic Power Steering Market presented using various primary and secondary research coupled with tools such as SWOT Analysis, PESTEL Analysis, and Porter’s 5 Force. All the market related statistics, product information, drivers, opportunities & challenges, business strategies, and forecast data are penciled in this report.

Data provided by Extent Research. Source: https://www.extentresearch.com/electronic-power-steering-market

We have our analysts striving to provide all the historical and future market trends, numbers, and status in the report through the theoretical and figurative formats including tables, pie charts, bar diagrams, and graphs. The report most importantly covers the qualitative & quantitative factors coupled with the vast geographical distribution and competitive landscape. In the competitive landscape, the report focuses on the key participants operating in the Global Electronic Power Steering Market. Some of the key players in the Global Electronic Power Steering Market include Robert Bosch Automotive Steering GmbH, Mitsubishi Electric Corporation, ZF Friedrichshafen Group, Nexteer Automotive, NSK Global, JTEKT Corporation, SHOWA Corporation, thyssenkrupp Presta AG, Mando Corporation, Hyundai Mobis, Zhuzhou Elite Electro Mechanical Co. Ltd., . These key players help the market growth rate increase by adopting unique growth strategies, abiding government policies, changing manufacturing policies, and using the funds wisely. In this report, the competitive landscape is used to explain the market revenue, size, and share through the company profiling.

Besides, the Global Electronic Power Steering Market is found to expand in the regions including North America, Europe, Asia Pacific, Latin America, Middle East & Africa. The regional market attractiveness, surging consumer base, and changing consumer behavior in the particular regions provides a clear understanding of the market growth rate and status over the forecast period. In the conclusion, our report on Global Electronic Power Steering Market comprehensively elaborates the market valuation (size, revenue, and share), market growth rate, growth drivers, opportunities & challenges, sales, supply analysis, and future scope over the forecast period.

Segmentation of the Global Electronic Power Steering Market:

By Product type

  • Column Assist EPS, Single-Pinion Assist EPS, Dual-Pinion Assist EPS, Rack Assist EPS,

by Application

  • Commercial Vehicles, Passenger Cars,

Report Scope and Market Segmentation

ATTRIBUTES Global Electronic Power Steering Market KEY MARKET INSIGHTS
Segments Covered
  • By Product Type: All Products Type Includes
  • By Application: All Application Type Includes
  • By End User: All End User Type Includes
  • By Distribution Channel: All Distribution Channel Includes
Countries Covered
  • North America
    • U.S., Canada, Mexico
  • Europe
    • Germany, United Kingdom, France, Italy, Spain, Nordic Countries, Benelux Union, Rest of Europe
  • Asia-Pacific
    • China, India, Japan, New Zealand, South Korea, Australia, Southeast Asia, Rest of Asia Pacific
  • Latin America
    • Brazil, Argentina, Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa
Key Market Players
  • Leading Tier 1 Corporations
  • Prominent Regional Manufacturers
  • Emerging Market Disruptors
  • Technology Integrators & Suppliers
  • *Complete vendor layout of 15+ major players provided in the final report.
Market Opportunities
  • Market Size and Growth: Quantifying the total addressable market (TAM) and projected growth rates to assess financial viability.
  • Customer Segmentation: Identifying target audience behaviors, pain points, and specific unfulfilled demands.
  • Competitive Landscape: Analyzing existing competitors' strengths, weaknesses, and market share to pinpoint gaps and opportunities.
  • Industry Trends: Mapping technological, regulatory, and economic shifts that create favorable conditions for market entry.
  • Risk Assessment: Evaluating barriers to entry and operational challenges alongside strategic roadmaps for mitigation.
Value Added Data Infosets In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by our expert team also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Meet the Team

Julie

Julie

Author

Julie Jayne is a distinguished multidisciplinary strategist and the Head of Research at Extent Research, where she leverages over a decade of comprehensive experience in the global market intelligence industry. Backed by a robust academic foundation that includes a B.Sc. and an MBA, she perfectly...
Read more about Julie
Priya M

Priya M

Reviewed By

With over 14 years of dedicated professional expertise in business-to-business (B2B) intelligence, Priya M stands as a distinguished leader in corporate strategy, revenue growth, and advanced data analysis. Her dynamic career is defined by a relentless focus on mitigating business risks and empowering corporate executives...
Learn more about Priya M
BASIC ATTRIBUTES | KEY MARKET INSIGHTS
Report Title Global Electronic Power Steering Market
Base Year 2025
Forecast Period 2025 - 2033
Market Size (Base) USD 1.14 Billion
Projected Size USD 4.17 Billion
CAGR 17.60%

Table of Contents

1 Study Coverage 1.1 Electronic Power Steering Product Introduction 1.2 Market by Type 1.2.1 Global Electronic Power Steering Market Size by Type, 2017 VS 2021 VS 2035 1.2.2 Column Assist EPS 1.2.3 Single-Pinion Assist EPS 1.2.4 Dual-Pinion Assist EPS 1.2.5 Rack Assist EPS 1.3 Market by Application 1.3.1 Global Electronic Power Steering Market Size by Application, 2017 VS 2021 VS 2035 1.3.2 Commercial Vehicles 1.3.3 Passenger Cars 1.4 Study Objectives 1.5 Years Considered 2 Global Electronic Power Steering Production 2.1 Global Electronic Power Steering Production Capacity (2017-2035) 2.2 Global Electronic Power Steering Production by Region: 2017 VS 2021 VS 2035 2.3 Global Electronic Power Steering Production by Region 2.3.1 Global Electronic Power Steering Historic Production by Region (2017-2022) 2.3.2 Global Electronic Power Steering Forecasted Production by Region (2023-2035) 2.4 North America 2.5 Europe 2.6 China 2.7 Japan 2.8 South Korea 2.9 India 3 Global Electronic Power Steering Sales in Volume & Value Estimates and Forecasts 3.1 Global Electronic Power Steering Sales Estimates and Forecasts 2017-2035 3.2 Global Electronic Power Steering Revenue Estimates and Forecasts 2017-2035 3.3 Global Electronic Power Steering Revenue by Region: 2017 VS 2021 VS 2035 3.4 Global Electronic Power Steering Sales by Region 3.4.1 Global Electronic Power Steering Sales by Region (2017-2022) 3.4.2 Global Sales Electronic Power Steering by Region (2023-2035) 3.5 Global Electronic Power Steering Revenue by Region 3.5.1 Global Electronic Power Steering Revenue by Region (2017-2022) 3.5.2 Global Electronic Power Steering Revenue by Region (2023-2035) 3.6 North America 3.7 Europe 3.8 Asia-Pacific 3.9 Latin America 3.10 Middle East & Africa 4 Competition by Manufactures 4.1 Global Electronic Power Steering Production Capacity by Manufacturers 4.2 Global Electronic Power Steering Sales by Manufacturers 4.2.1 Global Electronic Power Steering Sales by Manufacturers (2017-2022) 4.2.2 Global Electronic Power Steering Sales Market Share by Manufacturers (2017-2022) 4.2.3 Global Top 10 and Top 5 Largest Manufacturers of Electronic Power Steering in 2021 4.3 Global Electronic Power Steering Revenue by Manufacturers 4.3.1 Global Electronic Power Steering Revenue by Manufacturers (2017-2022) 4.3.2 Global Electronic Power Steering Revenue Market Share by Manufacturers (2017-2022) 4.3.3 Global Top 10 and Top 5 Companies by Electronic Power Steering Revenue in 2021 4.4 Global Electronic Power Steering Sales Price by Manufacturers 4.5 Analysis of Competitive Landscape 4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI) 4.5.2 Global Electronic Power Steering Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 4.5.3 Global Electronic Power Steering Manufacturers Geographical Distribution 4.6 Mergers & Acquisitions, Expansion Plans 5 Market Size by Type 5.1 Global Electronic Power Steering Sales by Type 5.1.1 Global Electronic Power Steering Historical Sales by Type (2017-2022) 5.1.2 Global Electronic Power Steering Forecasted Sales by Type (2023-2035) 5.1.3 Global Electronic Power Steering Sales Market Share by Type (2017-2035) 5.2 Global Electronic Power Steering Revenue by Type 5.2.1 Global Electronic Power Steering Historical Revenue by Type (2017-2022) 5.2.2 Global Electronic Power Steering Forecasted Revenue by Type (2023-2035) 5.2.3 Global Electronic Power Steering Revenue Market Share by Type (2017-2035) 5.3 Global Electronic Power Steering Price by Type 5.3.1 Global Electronic Power Steering Price by Type (2017-2022) 5.3.2 Global Electronic Power Steering Price Forecast by Type (2023-2035) 6 Market Size by Application 6.1 Global Electronic Power Steering Sales by Application 6.1.1 Global Electronic Power Steering Historical Sales by Application (2017-2022) 6.1.2 Global Electronic Power Steering Forecasted Sales by Application (2023-2035) 6.1.3 Global Electronic Power Steering Sales Market Share by Application (2017-2035) 6.2 Global Electronic Power Steering Revenue by Application 6.2.1 Global Electronic Power Steering Historical Revenue by Application (2017-2022) 6.2.2 Global Electronic Power Steering Forecasted Revenue by Application (2023-2035) 6.2.3 Global Electronic Power Steering Revenue Market Share by Application (2017-2035) 6.3 Global Electronic Power Steering Price by Application 6.3.1 Global Electronic Power Steering Price by Application (2017-2022) 6.3.2 Global Electronic Power Steering Price Forecast by Application (2023-2035) 7 North America 7.1 North America Electronic Power Steering Market Size by Type 7.1.1 North America Electronic Power Steering Sales by Type (2017-2035) 7.1.2 North America Electronic Power Steering Revenue by Type (2017-2035) 7.2 North America Electronic Power Steering Market Size by Application 7.2.1 North America Electronic Power Steering Sales by Application (2017-2035) 7.2.2 North America Electronic Power Steering Revenue by Application (2017-2035) 7.3 North America Electronic Power Steering Sales by Country 7.3.1 North America Electronic Power Steering Sales by Country (2017-2035) 7.3.2 North America Electronic Power Steering Revenue by Country (2017-2035) 7.3.3 U.S. 7.3.4 Canada 8 Europe 8.1 Europe Electronic Power Steering Market Size by Type 8.1.1 Europe Electronic Power Steering Sales by Type (2017-2035) 8.1.2 Europe Electronic Power Steering Revenue by Type (2017-2035) 8.2 Europe Electronic Power Steering Market Size by Application 8.2.1 Europe Electronic Power Steering Sales by Application (2017-2035) 8.2.2 Europe Electronic Power Steering Revenue by Application (2017-2035) 8.3 Europe Electronic Power Steering Sales by Country 8.3.1 Europe Electronic Power Steering Sales by Country (2017-2035) 8.3.2 Europe Electronic Power Steering Revenue by Country (2017-2035) 8.3.3 Germany 8.3.4 France 8.3.5 U.K. 8.3.6 Italy 8.3.7 Russia 9 Asia Pacific 9.1 Asia Pacific Electronic Power Steering Market Size by Type 9.1.1 Asia Pacific Electronic Power Steering Sales by Type (2017-2035) 9.1.2 Asia Pacific Electronic Power Steering Revenue by Type (2017-2035) 9.2 Asia Pacific Electronic Power Steering Market Size by Application 9.2.1 Asia Pacific Electronic Power Steering Sales by Application (2017-2035) 9.2.2 Asia Pacific Electronic Power Steering Revenue by Application (2017-2035) 9.3 Asia Pacific Electronic Power Steering Sales by Region 9.3.1 Asia Pacific Electronic Power Steering Sales by Region (2017-2035) 9.3.2 Asia Pacific Electronic Power Steering Revenue by Region (2017-2035) 9.3.3 China 9.3.4 Japan 9.3.5 South Korea 9.3.6 India 9.3.7 Australia 9.3.8 Taiwan 9.3.9 Indonesia 9.3.10 Thailand 9.3.11 Malaysia 9.3.12 Philippines 10 Latin America 10.1 Latin America Electronic Power Steering Market Size by Type 10.1.1 Latin America Electronic Power Steering Sales by Type (2017-2035) 10.1.2 Latin America Electronic Power Steering Revenue by Type (2017-2035) 10.2 Latin America Electronic Power Steering Market Size by Application 10.2.1 Latin America Electronic Power Steering Sales by Application (2017-2035) 10.2.2 Latin America Electronic Power Steering Revenue by Application (2017-2035) 10.3 Latin America Electronic Power Steering Sales by Country 10.3.1 Latin America Electronic Power Steering Sales by Country (2017-2035) 10.3.2 Latin America Electronic Power Steering Revenue by Country (2017-2035) 10.3.3 Mexico 10.3.4 Brazil 10.3.5 Argentina 11 Middle East and Africa 11.1 Middle East and Africa Electronic Power Steering Market Size by Type 11.1.1 Middle East and Africa Electronic Power Steering Sales by Type (2017-2035) 11.1.2 Middle East and Africa Electronic Power Steering Revenue by Type (2017-2035) 11.2 Middle East and Africa Electronic Power Steering Market Size by Application 11.2.1 Middle East and Africa Electronic Power Steering Sales by Application (2017-2035) 11.2.2 Middle East and Africa Electronic Power Steering Revenue by Application (2017-2035) 11.3 Middle East and Africa Electronic Power Steering Sales by Country 11.3.1 Middle East and Africa Electronic Power Steering Sales by Country (2017-2035) 11.3.2 Middle East and Africa Electronic Power Steering Revenue by Country (2017-2035) 11.3.3 Turkey 11.3.4 Saudi Arabia 11.3.5 UAE 12 Corporate Profiles 12.1 Robert Bosch Automotive Steering GmbH 12.1.1 Robert Bosch Automotive Steering GmbH Corporation Information 12.1.2 Robert Bosch Automotive Steering GmbH Overview 12.1.3 Robert Bosch Automotive Steering GmbH Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.1.4 Robert Bosch Automotive Steering GmbH Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.1.5 Robert Bosch Automotive Steering GmbH Recent Developments 12.2 Mitsubishi Electric Corporation 12.2.1 Mitsubishi Electric Corporation Corporation Information 12.2.2 Mitsubishi Electric Corporation Overview 12.2.3 Mitsubishi Electric Corporation Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.2.4 Mitsubishi Electric Corporation Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.2.5 Mitsubishi Electric Corporation Recent Developments 12.3 ZF Friedrichshafen Group 12.3.1 ZF Friedrichshafen Group Corporation Information 12.3.2 ZF Friedrichshafen Group Overview 12.3.3 ZF Friedrichshafen Group Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.3.4 ZF Friedrichshafen Group Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.3.5 ZF Friedrichshafen Group Recent Developments 12.4 Nexteer Automotive 12.4.1 Nexteer Automotive Corporation Information 12.4.2 Nexteer Automotive Overview 12.4.3 Nexteer Automotive Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.4.4 Nexteer Automotive Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.4.5 Nexteer Automotive Recent Developments 12.5 NSK Global 12.5.1 NSK Global Corporation Information 12.5.2 NSK Global Overview 12.5.3 NSK Global Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.5.4 NSK Global Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.5.5 NSK Global Recent Developments 12.6 JTEKT Corporation 12.6.1 JTEKT Corporation Corporation Information 12.6.2 JTEKT Corporation Overview 12.6.3 JTEKT Corporation Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.6.4 JTEKT Corporation Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.6.5 JTEKT Corporation Recent Developments 12.7 SHOWA Corporation 12.7.1 SHOWA Corporation Corporation Information 12.7.2 SHOWA Corporation Overview 12.7.3 SHOWA Corporation Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.7.4 SHOWA Corporation Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.7.5 SHOWA Corporation Recent Developments 12.8 thyssenkrupp Presta AG 12.8.1 thyssenkrupp Presta AG Corporation Information 12.8.2 thyssenkrupp Presta AG Overview 12.8.3 thyssenkrupp Presta AG Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.8.4 thyssenkrupp Presta AG Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.8.5 thyssenkrupp Presta AG Recent Developments 12.9 Mando Corporation 12.9.1 Mando Corporation Corporation Information 12.9.2 Mando Corporation Overview 12.9.3 Mando Corporation Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.9.4 Mando Corporation Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.9.5 Mando Corporation Recent Developments 12.10 Hyundai Mobis 12.10.1 Hyundai Mobis Corporation Information 12.10.2 Hyundai Mobis Overview 12.10.3 Hyundai Mobis Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.10.4 Hyundai Mobis Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.10.5 Hyundai Mobis Recent Developments 12.11 Zhuzhou Elite Electro Mechanical Co. Ltd. 12.11.1 Zhuzhou Elite Electro Mechanical Co. Ltd. Corporation Information 12.11.2 Zhuzhou Elite Electro Mechanical Co. Ltd. Overview 12.11.3 Zhuzhou Elite Electro Mechanical Co. Ltd. Electronic Power Steering Sales, Price, Revenue and Gross Margin (2017-2022) 12.11.4 Zhuzhou Elite Electro Mechanical Co. Ltd. Electronic Power Steering Product Model Numbers, Pictures, Descriptions and Specifications 12.11.5 Zhuzhou Elite Electro Mechanical Co. Ltd. Recent Developments 13 Industry Chain and Sales Channels Analysis 13.1 Electronic Power Steering Industry Chain Analysis 13.2 Electronic Power Steering Key Raw Materials 13.2.1 Key Raw Materials 13.2.2 Raw Materials Key Suppliers 13.3 Electronic Power Steering Production Mode & Process 13.4 Electronic Power Steering Sales and Marketing 13.4.1 Electronic Power Steering Sales Channels 13.4.2 Electronic Power Steering Distributors 13.5 Electronic Power Steering Customers 14 Market Drivers, Opportunities, Challenges and Risks Factors Analysis 14.1 Electronic Power Steering Industry Trends 14.2 Electronic Power Steering Market Drivers 14.3 Electronic Power Steering Market Challenges 14.4 Electronic Power Steering Market Restraints 15 Key Finding in The Global Electronic Power Steering Study 16 Appendix 16.1 Research Methodology 16.1.1 Methodology/Research Approach 16.1.2 Data Source 16.2 Author Details 16.3 Disclaimer

Research Methodology

Data collection and base year analysis are done using proprietary data collection modules with large sample sizes. The process includes obtaining market information through extensive secondary sources, paid databases, and verifying data via primary (industry expert) validation.

Our market models include Vendor Positioning Grids, Market Timeline Analysis, Company Market Share Analysis, and Top-Down/Bottom-Up forecasting models. To know more about the research methodology, drop an inquiry to speak to our industry experts.

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Julie Jayne is a distinguished multidisciplinary strategist and the Head of Research at Extent Research, where she leverages over a decade of comprehensive experience in the global market intelligence industry. Backed by a robust academic foundation that includes a B.Sc. and an MBA, she perfectly balances analytical rigor with sharp business acumen. Throughout her impressive career, she has evolved from a dedicated research analyst into a visionary leader who specializes in decoding complex market dynamics, analyzing competitive landscapes, and identifying emerging global trends. Her primary mission is to transform raw, intricate data into forward-looking strategies and actionable intelligence that empower stakeholders to make highly informed, strategic decisions.

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With over 14 years of dedicated professional expertise in business-to-business (B2B) intelligence, Priya M stands as a distinguished leader in corporate strategy, revenue growth, and advanced data analysis. Her dynamic career is defined by a relentless focus on mitigating business risks and empowering corporate executives with highly tailored, research-backed solutions. She brings a wealth of strategic experience to the table, ensuring that decision-makers are armed with the precise intelligence required to navigate highly competitive and rapidly evolving global markets.

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