Global Electric Power Steering System (EPS) Market Analysis and Forecast 2024-2030

Global Electric Power Steering System (EPS) Market Analysis and Forecast 2024-2030


Summary

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.

According to APO Research, The global Electric Power Steering System (EPS) market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Electric Power Steering System (EPS) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Electric Power Steering System (EPS) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Electric Power Steering System (EPS) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Electric Power Steering System (EPS) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Electric Power Steering System (EPS) include JTEKT, Bosch, NSK, Nexteer, ZF, Mobis, Showa, Thyssenkrupp and Mando, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Electric Power Steering System (EPS) production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Electric Power Steering System (EPS) by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Electric Power Steering System (EPS), capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Electric Power Steering System (EPS), also provides the consumption of main regions and countries. Of the upcoming market potential for Electric Power Steering System (EPS), and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Electric Power Steering System (EPS) sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Electric Power Steering System (EPS) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Electric Power Steering System (EPS) sales, projected growth trends, production technology, application and end-user industry.

Electric Power Steering System (EPS) segment by Company

JTEKT
Bosch
NSK
Nexteer
ZF
Mobis
Showa
Thyssenkrupp
Mando
Electric Power Steering System (EPS) segment by Type

C-EPS
P-EPS
R-EPS
Electric Power Steering System (EPS) segment by Application

Passenger Vehicle
Commercial Vehicle
Electric Power Steering System (EPS) segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Power Steering System (EPS) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Power Steering System (EPS) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Power Steering System (EPS).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and 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: 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 3: Electric Power Steering System (EPS) production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Electric Power Steering System (EPS) in global, 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 of each country in the world.
Chapter 5: Detailed analysis of Electric Power Steering System (EPS) manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electric Power Steering System (EPS) sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Electric Power Steering System (EPS) Market by Type
1.2.1 Global Electric Power Steering System (EPS) Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 C-EPS
1.2.3 P-EPS
1.2.4 R-EPS
1.3 Electric Power Steering System (EPS) Market by Application
1.3.1 Global Electric Power Steering System (EPS) Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Passenger Vehicle
1.3.3 Commercial Vehicle
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Electric Power Steering System (EPS) Market Dynamics
2.1 Electric Power Steering System (EPS) Industry Trends
2.2 Electric Power Steering System (EPS) Industry Drivers
2.3 Electric Power Steering System (EPS) Industry Opportunities and Challenges
2.4 Electric Power Steering System (EPS) Industry Restraints
3 Global Electric Power Steering System (EPS) Production Overview
3.1 Global Electric Power Steering System (EPS) Production Capacity (2019-2030)
3.2 Global Electric Power Steering System (EPS) Production by Region: 2019 VS 2023 VS 2030
3.3 Global Electric Power Steering System (EPS) Production by Region
3.3.1 Global Electric Power Steering System (EPS) Production by Region (2019-2024)
3.3.2 Global Electric Power Steering System (EPS) Production by Region (2025-2030)
3.3.3 Global Electric Power Steering System (EPS) Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
3.7 Japan
3.8 South Korea
3.9 India
4 Global Market Growth Prospects
4.1 Global Electric Power Steering System (EPS) Revenue Estimates and Forecasts (2019-2030)
4.2 Global Electric Power Steering System (EPS) Revenue by Region
4.2.1 Global Electric Power Steering System (EPS) Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Electric Power Steering System (EPS) Revenue by Region (2019-2024)
4.2.3 Global Electric Power Steering System (EPS) Revenue by Region (2025-2030)
4.2.4 Global Electric Power Steering System (EPS) Revenue Market Share by Region (2019-2030)
4.3 Global Electric Power Steering System (EPS) Sales Estimates and Forecasts 2019-2030
4.4 Global Electric Power Steering System (EPS) Sales by Region
4.4.1 Global Electric Power Steering System (EPS) Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Electric Power Steering System (EPS) Sales by Region (2019-2024)
4.4.3 Global Electric Power Steering System (EPS) Sales by Region (2025-2030)
4.4.4 Global Electric Power Steering System (EPS) Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Electric Power Steering System (EPS) Revenue by Manufacturers
5.1.1 Global Electric Power Steering System (EPS) Revenue by Manufacturers (2019-2024)
5.1.2 Global Electric Power Steering System (EPS) Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Electric Power Steering System (EPS) Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Electric Power Steering System (EPS) Sales by Manufacturers
5.2.1 Global Electric Power Steering System (EPS) Sales by Manufacturers (2019-2024)
5.2.2 Global Electric Power Steering System (EPS) Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Electric Power Steering System (EPS) Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Electric Power Steering System (EPS) Sales Price by Manufacturers (2019-2024)
5.4 Global Electric Power Steering System (EPS) Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Electric Power Steering System (EPS) Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Electric Power Steering System (EPS) Manufacturers, Product Type & Application
5.7 Global Electric Power Steering System (EPS) Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Electric Power Steering System (EPS) Market CR5 and HHI
5.8.2 2023 Electric Power Steering System (EPS) Tier 1, Tier 2, and Tier 3
6 Electric Power Steering System (EPS) Market by Type
6.1 Global Electric Power Steering System (EPS) Revenue by Type
6.1.1 Global Electric Power Steering System (EPS) Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Electric Power Steering System (EPS) Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Electric Power Steering System (EPS) Revenue Market Share by Type (2019-2030)
6.2 Global Electric Power Steering System (EPS) Sales by Type
6.2.1 Global Electric Power Steering System (EPS) Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Electric Power Steering System (EPS) Sales by Type (2019-2030) & (K Units)
6.2.3 Global Electric Power Steering System (EPS) Sales Market Share by Type (2019-2030)
6.3 Global Electric Power Steering System (EPS) Price by Type
7 Electric Power Steering System (EPS) Market by Application
7.1 Global Electric Power Steering System (EPS) Revenue by Application
7.1.1 Global Electric Power Steering System (EPS) Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Electric Power Steering System (EPS) Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Electric Power Steering System (EPS) Revenue Market Share by Application (2019-2030)
7.2 Global Electric Power Steering System (EPS) Sales by Application
7.2.1 Global Electric Power Steering System (EPS) Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Electric Power Steering System (EPS) Sales by Application (2019-2030) & (K Units)
7.2.3 Global Electric Power Steering System (EPS) Sales Market Share by Application (2019-2030)
7.3 Global Electric Power Steering System (EPS) Price by Application
8 Company Profiles
8.1 JTEKT
8.1.1 JTEKT Comapny Information
8.1.2 JTEKT Business Overview
8.1.3 JTEKT Electric Power Steering System (EPS) Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 JTEKT Electric Power Steering System (EPS) Product Portfolio
8.1.5 JTEKT Recent Developments
8.2 Bosch
8.2.1 Bosch Comapny Information
8.2.2 Bosch Business Overview
8.2.3 Bosch Electric Power Steering System (EPS) Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Bosch Electric Power Steering System (EPS) Product Portfolio
8.2.5 Bosch Recent Developments
8.3 NSK
8.3.1 NSK Comapny Information
8.3.2 NSK Business Overview
8.3.3 NSK Electric Power Steering System (EPS) Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 NSK Electric Power Steering System (EPS) Product Portfolio
8.3.5 NSK Recent Developments
8.4 Nexteer
8.4.1 Nexteer Comapny Information
8.4.2 Nexteer Business Overview
8.4.3 Nexteer Electric Power Steering System (EPS) Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Nexteer Electric Power Steering System (EPS) Product Portfolio
8.4.5 Nexteer Recent Developments
8.5 ZF
8.5.1 ZF Comapny Information
8.5.2 ZF Business Overview
8.5.3 ZF Electric Power Steering System (EPS) Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 ZF Electric Power Steering System (EPS) Product Portfolio
8.5.5 ZF Recent Developments
8.6 Mobis
8.6.1 Mobis Comapny Information
8.6.2 Mobis Business Overview
8.6.3 Mobis Electric Power Steering System (EPS) Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Mobis Electric Power Steering System (EPS) Product Portfolio
8.6.5 Mobis Recent Developments
8.7 Showa
8.7.1 Showa Comapny Information
8.7.2 Showa Business Overview
8.7.3 Showa Electric Power Steering System (EPS) Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 Showa Electric Power Steering System (EPS) Product Portfolio
8.7.5 Showa Recent Developments
8.8 Thyssenkrupp
8.8.1 Thyssenkrupp Comapny Information
8.8.2 Thyssenkrupp Business Overview
8.8.3 Thyssenkrupp Electric Power Steering System (EPS) Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Thyssenkrupp Electric Power Steering System (EPS) Product Portfolio
8.8.5 Thyssenkrupp Recent Developments
8.9 Mando
8.9.1 Mando Comapny Information
8.9.2 Mando Business Overview
8.9.3 Mando Electric Power Steering System (EPS) Sales, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Mando Electric Power Steering System (EPS) Product Portfolio
8.9.5 Mando Recent Developments
9 North America
9.1 North America Electric Power Steering System (EPS) Market Size by Type
9.1.1 North America Electric Power Steering System (EPS) Revenue by Type (2019-2030)
9.1.2 North America Electric Power Steering System (EPS) Sales by Type (2019-2030)
9.1.3 North America Electric Power Steering System (EPS) Price by Type (2019-2030)
9.2 North America Electric Power Steering System (EPS) Market Size by Application
9.2.1 North America Electric Power Steering System (EPS) Revenue by Application (2019-2030)
9.2.2 North America Electric Power Steering System (EPS) Sales by Application (2019-2030)
9.2.3 North America Electric Power Steering System (EPS) Price by Application (2019-2030)
9.3 North America Electric Power Steering System (EPS) Market Size by Country
9.3.1 North America Electric Power Steering System (EPS) Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Electric Power Steering System (EPS) Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Electric Power Steering System (EPS) Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Electric Power Steering System (EPS) Market Size by Type
10.1.1 Europe Electric Power Steering System (EPS) Revenue by Type (2019-2030)
10.1.2 Europe Electric Power Steering System (EPS) Sales by Type (2019-2030)
10.1.3 Europe Electric Power Steering System (EPS) Price by Type (2019-2030)
10.2 Europe Electric Power Steering System (EPS) Market Size by Application
10.2.1 Europe Electric Power Steering System (EPS) Revenue by Application (2019-2030)
10.2.2 Europe Electric Power Steering System (EPS) Sales by Application (2019-2030)
10.2.3 Europe Electric Power Steering System (EPS) Price by Application (2019-2030)
10.3 Europe Electric Power Steering System (EPS) Market Size by Country
10.3.1 Europe Electric Power Steering System (EPS) Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Electric Power Steering System (EPS) Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Electric Power Steering System (EPS) Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Electric Power Steering System (EPS) Market Size by Type
11.1.1 China Electric Power Steering System (EPS) Revenue by Type (2019-2030)
11.1.2 China Electric Power Steering System (EPS) Sales by Type (2019-2030)
11.1.3 China Electric Power Steering System (EPS) Price by Type (2019-2030)
11.2 China Electric Power Steering System (EPS) Market Size by Application
11.2.1 China Electric Power Steering System (EPS) Revenue by Application (2019-2030)
11.2.2 China Electric Power Steering System (EPS) Sales by Application (2019-2030)
11.2.3 China Electric Power Steering System (EPS) Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Electric Power Steering System (EPS) Market Size by Type
12.1.1 Asia Electric Power Steering System (EPS) Revenue by Type (2019-2030)
12.1.2 Asia Electric Power Steering System (EPS) Sales by Type (2019-2030)
12.1.3 Asia Electric Power Steering System (EPS) Price by Type (2019-2030)
12.2 Asia Electric Power Steering System (EPS) Market Size by Application
12.2.1 Asia Electric Power Steering System (EPS) Revenue by Application (2019-2030)
12.2.2 Asia Electric Power Steering System (EPS) Sales by Application (2019-2030)
12.2.3 Asia Electric Power Steering System (EPS) Price by Application (2019-2030)
12.3 Asia Electric Power Steering System (EPS) Market Size by Country
12.3.1 Asia Electric Power Steering System (EPS) Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Electric Power Steering System (EPS) Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Electric Power Steering System (EPS) Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Electric Power Steering System (EPS) Market Size by Type
13.1.1 Middle East, Africa and Latin America Electric Power Steering System (EPS) Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Electric Power Steering System (EPS) Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Electric Power Steering System (EPS) Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Electric Power Steering System (EPS) Market Size by Application
13.2.1 Middle East, Africa and Latin America Electric Power Steering System (EPS) Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Electric Power Steering System (EPS) Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Electric Power Steering System (EPS) Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Electric Power Steering System (EPS) Market Size by Country
13.3.1 Middle East, Africa and Latin America Electric Power Steering System (EPS) Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Electric Power Steering System (EPS) Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Electric Power Steering System (EPS) Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Electric Power Steering System (EPS) Value Chain Analysis
14.1.1 Electric Power Steering System (EPS) Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Electric Power Steering System (EPS) Production Mode & Process
14.2 Electric Power Steering System (EPS) Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Electric Power Steering System (EPS) Distributors
14.2.3 Electric Power Steering System (EPS) Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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