Automotive Electronic Power Steering Market Growth and Innovation: Booming Trends and Demand Outlook 2025-2032 | Mando Corporation, Delphi Automotive

The global Automotive Electronic Power Steering Market is expected to grow at 5.65% CAGR from 2025 to 2032.

This Market Report is the result of extensive research and analysis conducted by our team of experienced market researchers through -

70% efforts of Primary Research
• 15% efforts of Secondary Research
• 15% efforts from the subscription to Paid database providing industry overview, macro and micro economics factors, and financials of private limited companies
Coverage of the Automotive Electronic Power Steering Market:

The report provides market size (2020 - 2032) Value (US$ Mn), Y-o-Y % growth rate, and forecast (2025 - 2032), CAGR % for all the segments and sub segments wherein:

⦿ 2020-2023: Historic Year,
⦿ 2024: Base Year,
⦿ 2025: Estimated Year,
⦿ 2025 to 2032: Forecast Period.

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The latest version of the report (Version 2025) provides analysis through various business metrics including:

Bulls Eye Analysis
• Coherent Opportunity Map
• Wheel of Fortune
• Market Attractive Analysis, by Product Type
• Market Attractive Analysis, by Country
• Pestle Analysis
• 4 Ps (Product, Price, Place, and Promotion)
• Porters Analysis
• SWOT Analysis
• Competitive Landscape
• Company Market Share Analysis (US$ Mn)

The Prominent players covered in this Market report are:

• Mando Corporation
• Delphi Automotive
• KSR International Company
• Robert Bosch GmbH
• Showa Corporation
• Mitsubishi Electric Corporation
• Hitachi Automotive Systems Ltd.
• JTEKT Corporation
• Nexteer Automotive
• Sona Koyo Steering Systems Ltd.

Regional Analysis:

Geographically, The Detailed analysis of Consumption, Revenue, Market Share, and Growth Rate of the Following Regions:

› North America: USA, Canada, Mexico, etc.
› Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
› The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
› Europe: Germany, France, the UK, Russia, and Italy
› South America: Brazil, Argentina, Columbia, etc.

The report helps in providing a wider introduction to the market and also helps in dealing with the detailed methodology of research for the calculation of the size and forecasts of the market. The sources of secondary data are used and the primary inputs are taken for the validation of data. This section also helps in the outlines the several segments that have also been covered as a part of the report. Additionally, the Research Methodology reviews tend of providing the calculation for determining the inclinations of the global market.

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✦ Key Trends prevalent in this Market include:

➡️ Widespread Adoption and Optimization of EPS: The adoption of EPS is becoming mainstream due to its high efficiency and energy-saving features, particularly in electric vehicles (EVs). EPS technology is being refined to reduce energy consumption and enhance response speed, integrating more deeply with other vehicle electronic systems like brakes and suspension for coordinated control
➡️ Integration with Autonomous Driving Systems: EPS is crucial for autonomous vehicles, as it enhances steering precision and response times. The integration of EPS with autonomous driving systems is driving market growth, especially with the rise of steer-by-wire technology
➡️ Rise in Electric and Hybrid Vehicle Production: The increasing demand for EVs and hybrid vehicles is propelling the EPS market. EPS is a key component in these vehicles, offering improved fuel efficiency and reduced emissions.
➡️ Advancements in EPS Technology: Innovations such as dual pinion EPS and modular pinion-assist EPS systems are improving vehicle performance and manufacturing efficiency. These advancements support the adoption of EPS across various vehicle platforms
➡️ Focus on Energy Efficiency and Enhanced Driving Experience: Consumers are demanding smoother and more efficient steering systems, driving the development of noiseless and smooth EPS solutions. The focus on energy efficiency aligns with global goals on sustainability and reducing carbon emissions
➡️ Regulatory Support and Environmental Regulations: Stricter environmental regulations are encouraging the adoption of EPS due to its role in reducing emissions and improving fuel efficiency. This trend supports market growth as automakers comply with regulatory standards

What is New Additions in 2025?

☑ Comprehensive industry insights and market trends
☑ In-depth analysis of key company players and competitive dynamics
☑ Tailor-made reports and expert analyst support upon request
☑ Recent market advancements and future growth potential
☑ Custom regional or country-specific reports as needed
☑ Strategic recommendations for market entry and expansion
☑ Insights in emerging technologies and their market impact

Key Benefits of procuring this report for Stakeholders:

⏩ This study offers a thorough analysis of current trends, forecasts, and market size dynamics in the Automotive Electronic Power Steering Market from 2025 to 2032, helping to pinpoint the most promising opportunities.
⏩ Porter's Five Forces analysis highlights the influence of buyers and suppliers, empowering stakeholders to make informed business decisions and enhance their supplier-buyer networks.
⏩ Comprehensive research on market size and segmentation enables the identification of existing opportunities within the Automotive Electronic Power Steering Market.
⏩ The report maps out the leading countries in each region based on their contribution to market revenue.
⏩ An extensive analysis of the top competitors in the Automotive Electronic Power Steering Market is provided, offering valuable insights into the competitive landscape.

Reasons to Purchase the Report:

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This report provides actionable growth insights through a comprehensive analysis that includes secondary research, primary interviews with industry stakeholders and competitors, and validation and triangulation using the Coherent Market Insights regional database. Experts have meticulously compiled primary data from market participants across the value chain in all regions and insights from industry specialists to deliver qualitative and quantitative findings.

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FAQ's

Q.1 What are the main factors influencing the Automotive Electronic Power Steering Market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the Market's opportunities, risks, and general structure?
Q.4 Which of the top Automotive Electronic Power Steering Market companies compare in terms of sales, revenue, and prices?
Q.5 How are market types, applications, deals, revenue, and value explored?
Q.6 What does a business area's assessment of agreements, income, and value implicate?

Author of this marketing PR:
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