電動パワーステアリング市場：タイプ、コンポーネント、技術、メカニズム、車種、流通チャネル、用途、エンドユーザー別-2025～2030年世界予測

電動パワーステアリング市場は、2024年には270億9,000万米ドルとなり、2025年には286億6,000万米ドル、CAGR 5.92%で成長し、2030年には382億8,000万米ドルに達すると予測されています。

電動パワーステアリング（EPS）は、自動車産業における重要な技術的進歩として登場し、車両の力学と安全基準を一変させました。過去10年間で、電子制御システムと先進モーター技術の統合がステアリング・メカニズムを再定義し、操縦性の向上、ドライバーの疲労軽減、車両応答性の向上を実現しました。従来の油圧システムから洗練された電気ベースのソリューションへの進化は、より高い効率性と持続可能性への産業全体のシフトを反映しています。

最近のセンサ技術と制御ユニットの開発動向は、運転支援機能の可能性を広げ、自動運転とコネクテッドモビリティソリューションへの道を開いています。EPSシステムは、排出ガスや燃費効率に関連する規制基準の進化に対応するだけでなく、商用車と乗用車の両方で運転体験を向上させています。正確なステアリング制御の必要性と、エネルギー効率の高い輸送に対する全体的な需要に後押しされ、革新的な技術が続々と登場しています。

本概要は、EPS市場の包括的な概要を提供し、変革的なシフト、セグメンテーション洞察、世界の地域動向、主要企業の戦略について概説しています。本コンテンツは、専門家向けの詳細な分析と、電動パワーステアリングセグメントへの投資や最新開発の活用を検討している意思決定者向けのわかりやすい説明の両方を提供できるよう設計されています。

電動パワーステアリング市場の変革

電動パワーステアリングセグメントは、大きな技術革命の最前線にあります。マイクロコントローラベースのシステムとブラシレスモーター技術の進歩に後押しされ、市場は性能、安全性、エネルギー効率の大幅な向上を目の当たりにしています。消費者の期待の変化と排ガス規制の強化により、メーカーはより革新的なアプローチを採用し、従来のシステムを再構築する必要に迫られています。

自動車設計は、リアルタイムの調整とビークル力学の強化を可能にする電子制御ユニットの統合によって進化しています。メーカーは、自動化機能や接続性ソリューションを取り入れることで、時代の最先端を行くために研究開発への投資を増やしています。この変革は、より堅牢なセンサと先進的アルゴリズム処理の採用によって、さまざまな走行条件下での適応ステアリング応答をサポートしていることからも明らかです。

主要市場の規制枠組みは現在、持続可能性と業務効率を重視しています。その結果、生産ラインはデジタル化され、OEMと技術プロバイダとの共同パートナーシップが一般的になっています。技術革新、厳しい規制監督、市場需要の高まりが相まって、電動パワーステアリングの状況は急速なペースで進化を続けています。

電動パワーステアリング市場の主要セグメンテーション洞察

市場セグメンテーションを深く掘り下げると、電動パワーステアリング市場の多面性を強調する、複雑でありながら戦略的にセグメント化された状況が明らかになります。分析は、コラムアシスト、ピニオンアシスト、ラックアシスト電動パワーステアリングシステムなどのバリエーションを検討するタイプによるセグメンテーションから始まり、ピニオンアシストカテゴリはデュアルピニオンアシストとシングルピニオンアシスト構成にさらに細分化されます。この詳細な内訳により、利害関係者は特定の操作要件に合わせたイノベーションを目標とすることができます。

コンポーネントによるさらなるセグメンテーションでは、ベアリング、コラム、電動モーター（ブラシモーターとブラシレスモーターのタイプに区別）、電子制御ユニット、中間シャフト、機械式ラック＆ピニオン、センサ、ステアリングギアなどの重要部品を分析することで、市場を解剖します。技術の領域では、ブラシレスモーター技術とマイクロコントローラベースのシステムとの間で極めて重要な差別化がなされており、これらはいずれも最新のEPSソリューションのバックボーンとして機能しています。

追加のセグメンテーションでは、機構設計を分析し、折りたたみ式機構と剛性機構との対比を強調します。商用車セグメントは大型商用車と小型商用車、乗用車セグメントはセダンとSUVに分類されています。流通チャネルもまた、オフラインとオンラインの販売戦略を比較することで、明確な洞察を提供しています。最後に、アプリケーションとエンドユーザーのセグメントでは、自動化モビリティ、コネクテッドモビリティ、パワートレインシステムと電動化モビリティのサポートが、アフターマーケットと相手先ブランド製造業者の二分法とともに検討されます。各セグメンテーションは、市場力学の全体的な理解に資する洞察の層を記載しています。

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 自動車セグメントにおけるBEVの生産と採用の増加
    • 電気自動車やハイブリッド車の普及がEPSシステムの採用を促進
    • エネルギー効率の高い自動運転車やハイブリッドカーの人気が高まっている
  • 抑制要因
    • 電動パワーステアリングホイールのスペアパーツの高コスト
  • 機会
    • BEV向けEPSシステムの最適化に向けた研究開発への投資
    • 電動パワーステアリングホイールにおける新製品の開発
  • 課題
    • EPSの不適合による車両リコールへの懸念が高まる
• 市場セグメンテーション分析
  • タイプ：精密なステアリング制御のため、自動車産業でピニオンアシストタイプ電動パワーステアリングの使用が増加
  • 用途：自動運転車における車両制御強化のためのEPSの需要増加
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治
  • 経済
  • 社会
  • 技術
  • 法律
  • 環境

第6章 電動パワーステアリング市場：タイプ別

• イントロダクション
• コラムアシスト電動パワーステアリング
• ピニオンアシストタイプ電動パワーステアリング
  • デュアルピニオンアシスト
  • シングルピニオンアシスト
• ラックアシスト電動パワーステアリング

第7章 電動パワーステアリング市場：コンポーネント別

• イントロダクション
• ベアリング
• カラム
• 電気モーター
  • ブラシモーター
  • ブラシレスモーター
• 電子制御ユニット
• 中間シャフト
• 機械式ラック＆ピニオン
• センサ
• ステアリングギア

第8章 電動パワーステアリング市場：技術別

• イントロダクション
• ブラシレスモーター技術
• マイクロコントローラベースのシステム

第9章 電動パワーステアリング市場：機構別

• イントロダクション
• 折りたたみ機構
• 剛性メカニズム

第10章 電動パワーステアリング市場：車種別

• イントロダクション
• 商用車
  • 大型商用車
  • 小型商用車
• 乗用車
  • セダン
  • SUV

第11章 電動パワーステアリング市場：流通チャネル別

• イントロダクション
• オフライン販売
• オンライン販売

第12章 電動パワーステアリング市場：用途別

• イントロダクション
• 自動運転モビリティ
• コネクテッドモビリティ
• パワートレインシステムと電動モビリティ

第13章 電動パワーステアリング市場：エンドユーザー別

• イントロダクション
• アフターマーケット
• OEM

第14章 南北アメリカの電動パワーステアリング市場

• イントロダクション
• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第15章 アジア太平洋の電動パワーステアリング市場

• イントロダクション
• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第16章 欧州・中東・アフリカの電動パワーステアリング市場

• イントロダクション
• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第17章 競合情勢

• 市場シェア分析、2024年
• FPNVポジショニングマトリックス、2024年
• 競合シナリオ分析
• 戦略分析と提言

企業一覧

• BorgWarner Inc.
• Continental AG
• Denso Corporation
• Georgsmarienhutte Holding GmbH
• GKN Automotive Limited
• Hitachi Astemo, Ltd.
• Hubei Henglong Auto System Group Co., Ltd.
• Hyundai Mobis Co., Ltd.
• Infineon Technologies AG
• JTEKT Corporation
• Magna International Inc.
• Mando Corporation
• Mazda Motor Corporation
• Mitsubishi Electric Corporation
• Nexteer Automotive Corporation
• Nissan Motor Co., Ltd.
• NSK Ltd.
• Renesas Electronics Corporation
• Robert Bosch GmbH
• Rollax GmbH & CO.
• ThyssenKrupp AG
• Yubei Steering System Co., Ltd.
• ZF Friedrichshafen AG

LIST OF FIGURES

• FIGURE 1. ELECTRIC POWER STEERING MARKET MULTI-CURRENCY
• FIGURE 2. ELECTRIC POWER STEERING MARKET MULTI-LANGUAGE
• FIGURE 3. ELECTRIC POWER STEERING MARKET RESEARCH PROCESS
• FIGURE 4. ELECTRIC POWER STEERING MARKET SIZE, 2024 VS 2030
• FIGURE 5. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 6. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY REGION, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 7. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2024 VS 2030 (%)
• FIGURE 9. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2024 VS 2030 (%)
• FIGURE 11. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 12. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2024 VS 2030 (%)
• FIGURE 13. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 14. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2024 VS 2030 (%)
• FIGURE 15. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 16. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2024 VS 2030 (%)
• FIGURE 17. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 18. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2024 VS 2030 (%)
• FIGURE 19. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 20. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2024 VS 2030 (%)
• FIGURE 21. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 22. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2024 VS 2030 (%)
• FIGURE 23. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 24. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2024 VS 2030 (%)
• FIGURE 25. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 26. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY STATE, 2024 VS 2030 (%)
• FIGURE 27. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY STATE, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 28. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2024 VS 2030 (%)
• FIGURE 29. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 30. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2024 VS 2030 (%)
• FIGURE 31. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 32. ELECTRIC POWER STEERING MARKET SHARE, BY KEY PLAYER, 2024
• FIGURE 33. ELECTRIC POWER STEERING MARKET, FPNV POSITIONING MATRIX, 2024

LIST OF TABLES

• TABLE 1. ELECTRIC POWER STEERING MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2024
• TABLE 3. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. ELECTRIC POWER STEERING MARKET DYNAMICS
• TABLE 7. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COLUMN-ASSIST ELECTRIC POWER STEERING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY DUAL PINION ASSIST, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY SINGLE PINION ASSIST, BY REGION, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY RACK-ASSIST ELECTRIC POWER STEERING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY BEARING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COLUMN, BY REGION, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, BY REGION, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY BRUSH MOTOR, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY BRUSHLESS MOTOR, BY REGION, 2018-2030 (USD MILLION)
• TABLE 20. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 21. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRONIC CONTROL UNIT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 22. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY INTERMEDIATE SHAFT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 23. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANICAL RACK & PINION, BY REGION, 2018-2030 (USD MILLION)
• TABLE 24. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY SENSORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 25. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY STEERING GEAR, BY REGION, 2018-2030 (USD MILLION)
• TABLE 26. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 27. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY BRUSHLESS MOTOR TECHNOLOGIES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 28. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MICROCONTROLLER-BASED SYSTEMS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 29. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 30. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COLLAPSIBLE MECHANISM, BY REGION, 2018-2030 (USD MILLION)
• TABLE 31. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY RIGID MECHANISM, BY REGION, 2018-2030 (USD MILLION)
• TABLE 32. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 33. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 34. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY HEAVY COMMERCIAL VEHICLES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 35. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY LIGHT COMMERCIAL VEHICLES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 36. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 37. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 38. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY SEDANS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 39. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY SUVS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 40. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 41. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 42. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY OFFLINE SALES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 43. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY ONLINE SALES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 44. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 45. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY AUTOMATED MOBILITY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 46. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY CONNECTED MOBILITY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 47. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY POWERTRAIN SYSTEMS & ELECTRIFIED MOBILITY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 48. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 49. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY AFTERMARKET, BY REGION, 2018-2030 (USD MILLION)
• TABLE 50. GLOBAL ELECTRIC POWER STEERING MARKET SIZE, BY ORIGINAL EQUIPMENT MANUFACTURERS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 51. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 52. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 53. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 54. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 55. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 56. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 57. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 58. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 59. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 60. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 61. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 62. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 63. AMERICAS ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 64. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 65. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 66. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 67. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 68. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 69. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 70. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 71. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 72. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 73. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 74. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 75. ARGENTINA ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 76. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 77. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 78. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 79. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 80. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 81. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 82. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 83. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 84. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 85. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 86. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 87. BRAZIL ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 88. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 89. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 90. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 91. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 92. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 93. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 94. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 95. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 96. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 97. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 98. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 99. CANADA ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 100. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 101. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 102. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 103. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 104. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 105. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 106. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 107. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 108. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 109. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 110. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 111. MEXICO ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 112. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 113. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 114. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 115. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 116. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 117. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 118. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 119. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 120. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 121. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 122. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 123. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 124. UNITED STATES ELECTRIC POWER STEERING MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 125. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 126. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 127. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 128. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 129. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 130. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 131. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 132. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 133. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 134. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 135. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 136. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 137. ASIA-PACIFIC ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 138. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 139. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 140. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 141. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 142. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 143. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 144. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 145. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 146. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 147. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 148. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 149. AUSTRALIA ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 150. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 151. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 152. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 153. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 154. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 155. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 156. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 157. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 158. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 159. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 160. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 161. CHINA ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 162. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 163. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 164. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 165. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 166. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 167. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 168. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 169. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 170. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 171. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 172. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 173. INDIA ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 174. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 175. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 176. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 177. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 178. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 179. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 180. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 181. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 182. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 183. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 184. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 185. INDONESIA ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 186. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 187. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 188. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 189. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 190. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 191. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 192. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 193. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 194. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 195. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 196. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 197. JAPAN ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 198. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 199. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 200. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 201. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 202. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 203. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 204. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 205. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 206. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 207. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 208. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 209. MALAYSIA ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 210. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 211. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 212. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 213. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 214. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 215. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 216. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 217. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 218. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 219. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 220. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 221. PHILIPPINES ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 222. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 223. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 224. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 225. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 226. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 227. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 228. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 229. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 230. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 231. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 232. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 233. SINGAPORE ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 234. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 235. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 236. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 237. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 238. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 239. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 240. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 241. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 242. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 243. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 244. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 245. SOUTH KOREA ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 246. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 247. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 248. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 249. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 250. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 251. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 252. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 253. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 254. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 255. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 256. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 257. TAIWAN ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 258. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 259. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 260. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 261. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 262. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 263. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 264. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 265. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 266. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 267. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 268. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 269. THAILAND ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 270. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 271. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 272. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 273. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 274. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 275. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 276. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 277. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 278. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 279. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 280. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 281. VIETNAM ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 282. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 283. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 284. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 285. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 286. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 287. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 288. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 289. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 290. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 291. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 292. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 293. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 294. EUROPE, MIDDLE EAST & AFRICA ELECTRIC POWER STEERING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 295. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 296. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 297. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 298. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 299. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 300. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 301. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 302. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 303. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 304. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 305. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 306. DENMARK ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 307. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 308. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 309. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 310. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)
• TABLE 311. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 312. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY MECHANISM, 2018-2030 (USD MILLION)
• TABLE 313. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY VEHICLE TYPE, 2018-2030 (USD MILLION)
• TABLE 314. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2030 (USD MILLION)
• TABLE 315. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY PASSENGER VEHICLES, 2018-2030 (USD MILLION)
• TABLE 316. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
• TABLE 317. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 318. EGYPT ELECTRIC POWER STEERING MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 319. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
• TABLE 320. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY PINION ASSIST TYPE ELECTRIC POWER STEERING, 2018-2030 (USD MILLION)
• TABLE 321. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 322. FINLAND ELECTRIC POWER STEERING MARKET SIZE, BY ELECTRIC MOTOR, 2018-2030 (USD MILLION)

TA

The Electric Power Steering Market was valued at USD 27.09 billion in 2024 and is projected to grow to USD 28.66 billion in 2025, with a CAGR of 5.92%, reaching USD 38.28 billion by 2030.

Electric power steering (EPS) has emerged as a critical technological advancement in the automotive industry, transforming vehicle dynamics and safety standards. Over the past decade, the integration of electronic control systems and advanced motor technologies has redefined the steering mechanism, offering improved maneuverability, reduced driver fatigue, and enhanced vehicle responsiveness. The evolution from conventional hydraulic systems to sophisticated electric-based solutions reflects an industry-wide shift towards greater efficiency and sustainability.

Recent developments in sensor technology and control units have expanded the possibilities for driver assistance features, paving the way for automated and connected mobility solutions. EPS systems not only address evolving regulatory standards related to emissions and fuel efficiency, but they also enhance the driving experience in both commercial and passenger vehicles. Innovations continue to emerge, driven by the need for precise steering control and the overall demand for energy-efficient transportation.

This summary provides an encompassing overview of the EPS market, outlining the transformative shifts, segmentation insights, global regional trends, and key company strategies. The content is designed to offer both a detailed analysis for experts and an accessible narrative for decision-makers poised to invest in or leverage the latest developments in the electric power steering domain.

Transformative Shifts in the Electric Power Steering Landscape

The electric power steering sector is at the forefront of a major technological revolution. Driven by advancements in microcontroller-based systems and brushless motor technologies, the market has witnessed substantial improvements in performance, safety, and energy efficiency. Shifts in consumer expectations along with stricter emissions regulations are forcing manufacturers to adopt more innovative approaches and re-engineer legacy systems.

Automotive design has evolved with the integration of electronic control units that enable real-time adjustments and enhanced vehicle dynamics. Manufacturers are increasingly investing in research and development to stay ahead of the curve by incorporating automated features and connectivity solutions. This transformation is evident in the adoption of more robust sensors and advanced algorithmic processing, which support adaptive steering responses under varying driving conditions.

Regulatory frameworks across major markets now emphasize sustainability and operational efficiency. As a result, production lines are undergoing digital overhauls, and collaborative partnerships between OEMs and technology providers are becoming common. The confluence of innovation, strict regulatory oversight, and growing market demand ensures that the electric power steering landscape continues to evolve at a rapid pace.

Key Segmentation Insights in the Electric Power Steering Market

A deep dive into market segmentation reveals a complex yet strategically segmented landscape that underscores the multifaceted nature of the electric power steering market. The analysis begins with the segmentation based on type which examines variations such as column-assist, pinion-assist, and rack-assist electric power steering systems, with the pinion-assist category further refined into dual pinion assist and single pinion assist configurations. This detailed breakdown allows stakeholders to target innovations tailored to specific operational requirements.

Further segmentation based on component dissects the market by analyzing critical parts including bearings, columns, electric motors-differentiated into brush and brushless motor types-electronic control units, intermediate shafts, mechanical racks & pinions, sensors, and steering gears. In the realm of technology, a pivotal differentiation is made between brushless motor technologies and microcontroller-based systems, both of which serve as the backbone for modern EPS solutions.

Additional segmentation analyzes the mechanism design, highlighting contrasts between collapsible and rigid mechanisms, while vehicle type segmentation distinguishes between commercial and passenger vehicles. The commercial segment itself is nuanced into heavy and light commercial vehicles, whereas the passenger category is further divided into sedans and SUVs. Distribution channels also offer distinct insights, comparing offline and online sales strategies. Finally, application and end-user segments examine automated mobility, connected mobility, and support for powertrain systems and electrified mobility, alongside the dichotomy between aftermarket and original equipment manufacturers. Each segmentation provides a layer of insight that collectively contributes to a holistic understanding of the market dynamics.

Based on Type, market is studied across Column-Assist Electric Power Steering, Pinion Assist Type Electric Power Steering, and Rack-Assist Electric Power Steering. The Pinion Assist Type Electric Power Steering is further studied across Dual Pinion Assist and Single Pinion Assist.

Based on Component, market is studied across Bearing, Column, Electric Motor, Electronic Control Unit, Intermediate Shaft, Mechanical Rack & Pinion, Sensors, and Steering Gear. The Electric Motor is further studied across Brush Motor and Brushless Motor.

Based on Technology, market is studied across Brushless Motor Technologies and Microcontroller-based Systems.

Based on Mechanism, market is studied across Collapsible Mechanism and Rigid Mechanism.

Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Vehicles. The Commercial Vehicles is further studied across Heavy Commercial Vehicles and Light Commercial Vehicles. The Passenger Vehicles is further studied across Sedans and SUVs.

Based on Distribution Channel, market is studied across Offline Sales and Online Sales.

Based on Application, market is studied across Automated Mobility, Connected Mobility, and Powertrain Systems & Electrified Mobility.

Based on End-user, market is studied across Aftermarket and Original Equipment Manufacturers.

Global Regional Insights into Electric Power Steering Trends

The electric power steering market displays significant regional diversity that is vital for stakeholders to consider. In the Americas, the market benefits from robust manufacturing infrastructure and a strong emphasis on innovative technologies. The presence of established industrial hubs combined with progressive regulatory policies has encouraged domestic as well as international investments in EPS solutions.

Across Europe, the Middle East, and Africa, the market is characterized by a blend of mature automotive industries and emerging regional players. Progressive government initiatives aimed at reducing carbon footprints, coupled with stringent safety regulations, have accelerated the adoption of advanced EPS systems. This region is now seen as a critical arena for testing state-of-the-art steering innovations, incorporating both legacy automotive expertise and modern design paradigms.

The Asia-Pacific region remains a dynamic and rapidly evolving market, with high volumes of vehicle production and an increasing emphasis on integrating digital technologies into automotive systems. Rapid urbanization and growing economies drive the demand for both passenger mobility solutions and commercial vehicle advancements. The heightened focus on research and development and favorable governmental policies further enhance the growth potential, making Asia-Pacific a key strategic market for future investments.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Notable Companies Driving the Electric Power Steering Market

Industry leaders are setting the pace with innovative solutions and strategic collaborations in the electric power steering market. The landscape features an array of global powerhouses such as BorgWarner Inc., Continental AG, and Denso Corporation, each leveraging their technical expertise and expansive product portfolios to meet evolving consumer demands. Georgsmarienhutte Holding GmbH and GKN Automotive Limited continue to redefine quality benchmarks through precise engineering and robust design philosophies, while Hitachi Astemo, Ltd. and Hubei Henglong Auto System Group Co., Ltd. push the envelope in integrating advanced electronic and mechanical systems.

Hyundai Mobis Co., Ltd., Infineon Technologies AG, and JTEKT Corporation have quickly become key players by investing heavily in R&D and acquiring niche players in the technology sphere. Companies like Magna International Inc., Mando Corporation, Mazda Motor Corporation, and Mitsubishi Electric Corporation are rapidly adapting to lean manufacturing and sustainability-focused design strategies. Moreover, Nexteer Automotive Corporation, Nissan Motor Co., Ltd., NSK Ltd., and Renesas Electronics Corporation exemplify the spirit of innovation in precision control and adaptive steering technologies.

Robert Bosch GmbH, Rollax GmbH & CO., ThyssenKrupp AG, Yubei Steering System Co., Ltd., and ZF Friedrichshafen AG further underscore the competitive nature of the sector. Their relentless pursuit of excellence combined with substantial investment in cutting edge production techniques has solidified their positions in a marketplace that rewards both innovation and operational efficiency.

The report delves into recent significant developments in the Electric Power Steering Market, highlighting leading vendors and their innovative profiles. These include BorgWarner Inc., Continental AG, Denso Corporation, Georgsmarienhutte Holding GmbH, GKN Automotive Limited, Hitachi Astemo, Ltd., Hubei Henglong Auto System Group Co., Ltd., Hyundai Mobis Co., Ltd., Infineon Technologies AG, JTEKT Corporation, Magna International Inc., Mando Corporation, Mazda Motor Corporation, Mitsubishi Electric Corporation, Nexteer Automotive Corporation, Nissan Motor Co., Ltd., NSK Ltd., Renesas Electronics Corporation, Robert Bosch GmbH, Rollax GmbH & CO., ThyssenKrupp AG, Yubei Steering System Co., Ltd., and ZF Friedrichshafen AG. Actionable Recommendations for Industry Leaders in EPS

Industry leaders must prioritize investment in next-generation technologies to remain competitive in the rapidly evolving electric power steering market. It is recommended that companies focus on expanding their research and development capabilities, particularly in areas such as microcontroller-based systems and brushless motor technologies. Integrating advanced sensor technology and leveraging data analytics can provide insights that drive continuous product innovation and help tailor solutions to meet diverse customer requirements.

Strategic collaborations and partnerships with technology firms can lead to the creation of more robust EPS systems, which not only enhance driver safety but also provide flexible and adaptive solutions for varying vehicle types. Furthermore, optimizing distribution channels to balance between traditional offline models and emerging online sales will ensure improved market penetration and customer engagement.

In addition to technology investment, it is crucial for industry stakeholders to monitor regulatory changes and adjust their strategies accordingly. Embracing sustainable practices, reducing material waste, and improving energy efficiency will not only meet legislative requirements but also cater to environmentally conscious consumers. A holistic approach that couples advanced engineering with proactive market strategies will position industry leaders to capture significant growth opportunities in the global market.

Conclusion: Charting the Future of Electric Power Steering

The electric power steering market is undergoing a period of unprecedented change driven by technological innovation, evolving consumer expectations, and a dynamic regulatory landscape. This comprehensive analysis has underscored the importance of detailed segmentation, regional insights, and notable company performances that collectively illuminate the state of the industry. The shift from traditional hydraulic systems towards more advanced electronic solutions represents not only a leap in technological performance but also a commitment to sustainable and efficient automotive design.

In summary, the trajectory of the EPS market is marked by strategic advancements in digital technologies, robust product enhancements, and expanding global demand. As manufacturers and technology providers continue to innovate, this persistent evolution promises to further redefine vehicle handling and safety standards in the coming years.

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Rising production and adoption of BEVs in the automotive sector
    • 5.1.1.2. Growing prevalence of electric and hybrid vehicles boosting the adoption of EPS systems
    • 5.1.1.3. Increasing popularity of energy efficient self-driven vehicles and hybrid cars
  • 5.1.2. Restraints
    • 5.1.2.1. High cost of spare parts of the electric power steering wheel
  • 5.1.3. Opportunities
    • 5.1.3.1. Investment in research and development to optimize EPS systems for BEVs
    • 5.1.3.2. Development of novel products in the electric power steering wheels
  • 5.1.4. Challenges
    • 5.1.4.1. Rising concerns for vehicle recalls owing to EPS misfitting
• 5.2. Market Segmentation Analysis
  • 5.2.1. Type: Growing usage of pinion assist type electric power steering in the automotive industry owing for precise steering control
  • 5.2.2. Applications: Rising demand for EPS in autonomous vehicles for enhanced vehicle control
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Electric Power Steering Market, by Type

• 6.1. Introduction
• 6.2. Column-Assist Electric Power Steering
• 6.3. Pinion Assist Type Electric Power Steering
  • 6.3.1. Dual Pinion Assist
  • 6.3.2. Single Pinion Assist
• 6.4. Rack-Assist Electric Power Steering

7. Electric Power Steering Market, by Component

• 7.1. Introduction
• 7.2. Bearing
• 7.3. Column
• 7.4. Electric Motor
  • 7.4.1. Brush Motor
  • 7.4.2. Brushless Motor
• 7.5. Electronic Control Unit
• 7.6. Intermediate Shaft
• 7.7. Mechanical Rack & Pinion
• 7.8. Sensors
• 7.9. Steering Gear

8. Electric Power Steering Market, by Technology

• 8.1. Introduction
• 8.2. Brushless Motor Technologies
• 8.3. Microcontroller-based Systems

9. Electric Power Steering Market, by Mechanism

• 9.1. Introduction
• 9.2. Collapsible Mechanism
• 9.3. Rigid Mechanism

10. Electric Power Steering Market, by Vehicle Type

• 10.1. Introduction
• 10.2. Commercial Vehicles
  • 10.2.1. Heavy Commercial Vehicles
  • 10.2.2. Light Commercial Vehicles
• 10.3. Passenger Vehicles
  • 10.3.1. Sedans
  • 10.3.2. SUVs

11. Electric Power Steering Market, by Distribution Channel

• 11.1. Introduction
• 11.2. Offline Sales
• 11.3. Online Sales

12. Electric Power Steering Market, by Application

• 12.1. Introduction
• 12.2. Automated Mobility
• 12.3. Connected Mobility
• 12.4. Powertrain Systems & Electrified Mobility

13. Electric Power Steering Market, by End-user

• 13.1. Introduction
• 13.2. Aftermarket
• 13.3. Original Equipment Manufacturers

14. Americas Electric Power Steering Market

• 14.1. Introduction
• 14.2. Argentina
• 14.3. Brazil
• 14.4. Canada
• 14.5. Mexico
• 14.6. United States

15. Asia-Pacific Electric Power Steering Market

• 15.1. Introduction
• 15.2. Australia
• 15.3. China
• 15.4. India
• 15.5. Indonesia
• 15.6. Japan
• 15.7. Malaysia
• 15.8. Philippines
• 15.9. Singapore
• 15.10. South Korea
• 15.11. Taiwan
• 15.12. Thailand
• 15.13. Vietnam

16. Europe, Middle East & Africa Electric Power Steering Market

• 16.1. Introduction
• 16.2. Denmark
• 16.3. Egypt
• 16.4. Finland
• 16.5. France
• 16.6. Germany
• 16.7. Israel
• 16.8. Italy
• 16.9. Netherlands
• 16.10. Nigeria
• 16.11. Norway
• 16.12. Poland
• 16.13. Qatar
• 16.14. Russia
• 16.15. Saudi Arabia
• 16.16. South Africa
• 16.17. Spain
• 16.18. Sweden
• 16.19. Switzerland
• 16.20. Turkey
• 16.21. United Arab Emirates
• 16.22. United Kingdom

17. Competitive Landscape

• 17.1. Market Share Analysis, 2024
• 17.2. FPNV Positioning Matrix, 2024
• 17.3. Competitive Scenario Analysis
  • 17.3.1. Cascade Drives introduced the TruEPS electric power steering system
  • 17.3.2. Nexteer Automotive announced the expansion to introduce a Modular Pinion-Assist Electric Power Steering system
  • 17.3.3. Strategic acquisition of Rane NSK enhances Rane Holdings' dominance
  • 17.3.4. Volkswagen Group and mobileye partnered to enhance autonomous driving with advanced platform integration across luxury brands
• 17.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. BorgWarner Inc.
• 2. Continental AG
• 3. Denso Corporation
• 4. Georgsmarienhutte Holding GmbH
• 5. GKN Automotive Limited
• 6. Hitachi Astemo, Ltd.
• 7. Hubei Henglong Auto System Group Co., Ltd.
• 8. Hyundai Mobis Co., Ltd.
• 9. Infineon Technologies AG
• 10. JTEKT Corporation
• 11. Magna International Inc.
• 12. Mando Corporation
• 13. Mazda Motor Corporation
• 14. Mitsubishi Electric Corporation
• 15. Nexteer Automotive Corporation
• 16. Nissan Motor Co., Ltd.
• 17. NSK Ltd.
• 18. Renesas Electronics Corporation
• 19. Robert Bosch GmbH
• 20. Rollax GmbH & CO.
• 21. ThyssenKrupp AG
• 22. Yubei Steering System Co., Ltd.
• 23. ZF Friedrichshafen AG