The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Automotive Electric Power Steering Systems Market Research Report 2025
Synopsis
Automotive Electronic Power Steering System is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.
The global Automotive Electric Power Steering Systems market was valued at US$ 28710 million in 2023 and is anticipated to reach US$ 51160 million by 2030, witnessing a CAGR of 8.5% during the forecast period 2024-2030.
JTEKT, Bosch, NSK, Nexteer and ZF are the top 5 manufacturters of Automotive Electric Power Steering Systems, with about 83% market shares.
This report aims to provide a comprehensive presentation of the global market for Automotive Electric Power Steering Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Electric Power Steering Systems.
Report Scope
The Automotive Electric Power Steering Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Electric Power Steering Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Electric Power Steering Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
JTEKT
Bosch
NSK
Nexteer
ZF
Mobis
Showa
Thyssenkrupp
Mando
Segment by Type
C-EPS
P-EPS
R-EPS
Segment by Application
Passenger Vehicle
Commercial Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automotive Electric Power Steering Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automotive Electric Power Steering Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automotive Electric Power Steering Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Automotive Electronic Power Steering System is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.
The global Automotive Electric Power Steering Systems market was valued at US$ 28710 million in 2023 and is anticipated to reach US$ 51160 million by 2030, witnessing a CAGR of 8.5% during the forecast period 2024-2030.
JTEKT, Bosch, NSK, Nexteer and ZF are the top 5 manufacturters of Automotive Electric Power Steering Systems, with about 83% market shares.
This report aims to provide a comprehensive presentation of the global market for Automotive Electric Power Steering Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Electric Power Steering Systems.
Report Scope
The Automotive Electric Power Steering Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Electric Power Steering Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Electric Power Steering Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
JTEKT
Bosch
NSK
Nexteer
ZF
Mobis
Showa
Thyssenkrupp
Mando
Segment by Type
C-EPS
P-EPS
R-EPS
Segment by Application
Passenger Vehicle
Commercial Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automotive Electric Power Steering Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automotive Electric Power Steering Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automotive Electric Power Steering Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Automotive Electric Power Steering Systems Market Overview
1.1 Product Definition
1.2 Automotive Electric Power Steering Systems Segment by Type
1.2.1 Global Automotive Electric Power Steering Systems Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 C-EPS
1.2.3 P-EPS
1.2.4 R-EPS
1.3 Automotive Electric Power Steering Systems Segment by Application
1.3.1 Global Automotive Electric Power Steering Systems Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Vehicle
1.3.3 Commercial Vehicle
1.4 Global Market Growth Prospects
1.4.1 Global Automotive Electric Power Steering Systems Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Automotive Electric Power Steering Systems Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Automotive Electric Power Steering Systems Production Estimates and Forecasts (2019-2030)
1.4.4 Global Automotive Electric Power Steering Systems Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Automotive Electric Power Steering Systems Production Market Share by Manufacturers (2019-2024)
2.2 Global Automotive Electric Power Steering Systems Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Automotive Electric Power Steering Systems, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Automotive Electric Power Steering Systems Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Automotive Electric Power Steering Systems Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Automotive Electric Power Steering Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Automotive Electric Power Steering Systems, Product Offered and Application
2.8 Global Key Manufacturers of Automotive Electric Power Steering Systems, Date of Enter into This Industry
2.9 Automotive Electric Power Steering Systems Market Competitive Situation and Trends
2.9.1 Automotive Electric Power Steering Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Automotive Electric Power Steering Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Automotive Electric Power Steering Systems Production by Region
3.1 Global Automotive Electric Power Steering Systems Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Automotive Electric Power Steering Systems Production Value by Region (2019-2030)
3.2.1 Global Automotive Electric Power Steering Systems Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Automotive Electric Power Steering Systems by Region (2025-2030)
3.3 Global Automotive Electric Power Steering Systems Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Automotive Electric Power Steering Systems Production by Region (2019-2030)
3.4.1 Global Automotive Electric Power Steering Systems Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Automotive Electric Power Steering Systems by Region (2025-2030)
3.5 Global Automotive Electric Power Steering Systems Market Price Analysis by Region (2019-2024)
3.6 Global Automotive Electric Power Steering Systems Production and Value, Year-over-Year Growth
3.6.1 North America Automotive Electric Power Steering Systems Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Automotive Electric Power Steering Systems Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Automotive Electric Power Steering Systems Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Automotive Electric Power Steering Systems Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Automotive Electric Power Steering Systems Production Value Estimates and Forecasts (2019-2030)
4 Automotive Electric Power Steering Systems Consumption by Region
4.1 Global Automotive Electric Power Steering Systems Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Automotive Electric Power Steering Systems Consumption by Region (2019-2030)
4.2.1 Global Automotive Electric Power Steering Systems Consumption by Region (2019-2024)
4.2.2 Global Automotive Electric Power Steering Systems Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Automotive Electric Power Steering Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Automotive Electric Power Steering Systems Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Automotive Electric Power Steering Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Automotive Electric Power Steering Systems Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Automotive Electric Power Steering Systems Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Automotive Electric Power Steering Systems Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Automotive Electric Power Steering Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Automotive Electric Power Steering Systems Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Automotive Electric Power Steering Systems Production by Type (2019-2030)
5.1.1 Global Automotive Electric Power Steering Systems Production by Type (2019-2024)
5.1.2 Global Automotive Electric Power Steering Systems Production by Type (2025-2030)
5.1.3 Global Automotive Electric Power Steering Systems Production Market Share by Type (2019-2030)
5.2 Global Automotive Electric Power Steering Systems Production Value by Type (2019-2030)
5.2.1 Global Automotive Electric Power Steering Systems Production Value by Type (2019-2024)
5.2.2 Global Automotive Electric Power Steering Systems Production Value by Type (2025-2030)
5.2.3 Global Automotive Electric Power Steering Systems Production Value Market Share by Type (2019-2030)
5.3 Global Automotive Electric Power Steering Systems Price by Type (2019-2030)
6 Segment by Application
6.1 Global Automotive Electric Power Steering Systems Production by Application (2019-2030)
6.1.1 Global Automotive Electric Power Steering Systems Production by Application (2019-2024)
6.1.2 Global Automotive Electric Power Steering Systems Production by Application (2025-2030)
6.1.3 Global Automotive Electric Power Steering Systems Production Market Share by Application (2019-2030)
6.2 Global Automotive Electric Power Steering Systems Production Value by Application (2019-2030)
6.2.1 Global Automotive Electric Power Steering Systems Production Value by Application (2019-2024)
6.2.2 Global Automotive Electric Power Steering Systems Production Value by Application (2025-2030)
6.2.3 Global Automotive Electric Power Steering Systems Production Value Market Share by Application (2019-2030)
6.3 Global Automotive Electric Power Steering Systems Price by Application (2019-2030)
7 Key Companies Profiled
7.1 JTEKT
7.1.1 JTEKT Automotive Electric Power Steering Systems Corporation Information
7.1.2 JTEKT Automotive Electric Power Steering Systems Product Portfolio
7.1.3 JTEKT Automotive Electric Power Steering Systems Production, Value, Price and Gross Margin (2019-2024)
7.1.4 JTEKT Main Business and Markets Served
7.1.5 JTEKT Recent Developments/Updates
7.2 Bosch
7.2.1 Bosch Automotive Electric Power Steering Systems Corporation Information
7.2.2 Bosch Automotive Electric Power Steering Systems Product Portfolio
7.2.3 Bosch Automotive Electric Power Steering Systems Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Bosch Main Business and Markets Served
7.2.5 Bosch Recent Developments/Updates
7.3 NSK
7.3.1 NSK Automotive Electric Power Steering Systems Corporation Information
7.3.2 NSK Automotive Electric Power Steering Systems Product Portfolio
7.3.3 NSK Automotive Electric Power Steering Systems Production, Value, Price and Gross Margin (2019-2024)
7.3.4 NSK Main Business and Markets Served
7.3.5 NSK Recent Developments/Updates
7.4 Nexteer
7.4.1 Nexteer Automotive Electric Power Steering Systems Corporation Information
7.4.2 Nexteer Automotive Electric Power Steering Systems Product Portfolio
7.4.3 Nexteer Automotive Electric Power Steering Systems Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Nexteer Main Business and Markets Served
7.4.5 Nexteer Recent Developments/Updates
7.5 ZF
7.5.1 ZF Automotive Electric Power Steering Systems Corporation Information
7.5.2 ZF Automotive Electric Power Steering Systems Product Portfolio
7.5.3 ZF Automotive Electric Power Steering Systems Production, Value, Price and Gross Margin (2019-2024)
7.5.4 ZF Main Business and Markets Served
7.5.5 ZF Recent Developments/Updates
7.6 Mobis
7.6.1 Mobis Automotive Electric Power Steering Systems Corporation Information
7.6.2 Mobis Automotive Electric Power Steering Systems Product Portfolio
7.6.3 Mobis Automotive Electric Power Steering Systems Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Mobis Main Business and Markets Served
7.6.5 Mobis Recent Developments/Updates
7.7 Showa
7.7.1 Showa Automotive Electric Power Steering Systems Corporation Information
7.7.2 Showa Automotive Electric Power Steering Systems Product Portfolio
7.7.3 Showa Automotive Electric Power Steering Systems Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Showa Main Business and Markets Served
7.7.5 Showa Recent Developments/Updates
7.8 Thyssenkrupp
7.8.1 Thyssenkrupp Automotive Electric Power Steering Systems Corporation Information
7.8.2 Thyssenkrupp Automotive Electric Power Steering Systems Product Portfolio
7.8.3 Thyssenkrupp Automotive Electric Power Steering Systems Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Thyssenkrupp Main Business and Markets Served
7.7.5 Thyssenkrupp Recent Developments/Updates
7.9 Mando
7.9.1 Mando Automotive Electric Power Steering Systems Corporation Information
7.9.2 Mando Automotive Electric Power Steering Systems Product Portfolio
7.9.3 Mando Automotive Electric Power Steering Systems Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Mando Main Business and Markets Served
7.9.5 Mando Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Automotive Electric Power Steering Systems Industry Chain Analysis
8.2 Automotive Electric Power Steering Systems Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Automotive Electric Power Steering Systems Production Mode & Process
8.4 Automotive Electric Power Steering Systems Sales and Marketing
8.4.1 Automotive Electric Power Steering Systems Sales Channels
8.4.2 Automotive Electric Power Steering Systems Distributors
8.5 Automotive Electric Power Steering Systems Customers
9 Automotive Electric Power Steering Systems Market Dynamics
9.1 Automotive Electric Power Steering Systems Industry Trends
9.2 Automotive Electric Power Steering Systems Market Drivers
9.3 Automotive Electric Power Steering Systems Market Challenges
9.4 Automotive Electric Power Steering Systems Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Automotive Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
