United States Electronic Power Steering Market 2030 | Industry Developments, Future Growth, Share & Industry Insights

Electronic Power Steering Market is expected to grow at a high CAGR during the forecasting period (2023-2030).

DataM Intelligence unveils its latest report on the "Electronic Power Steering Market Size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.

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United States: Recent Industry Developments

✅ December 2025: Major automakers announced expanded adoption of advanced EPS systems across new EV and hybrid models to improve energy efficiency and driving feel.

✅ November 2025: Tier‐1 suppliers rolled out next‐generation EPS units with integrated safety and lane‐assist features to support ADAS capabilities.

✅ October 2025: U.S. manufacturers increased in‐house EPS production capacity to reduce reliance on imports and improve supply chain resilience.

Japan: Recent Industry Developments

✅ December 2025: Japanese OEMs launched high‐torque EPS systems optimized for both compact cars and larger passenger vehicles.

✅ November 2025: Suppliers focused on weight reduction and improved steering feedback to enhance performance and fuel economy.

✅ October 2025: Collaboration between automotive manufacturers and electronics firms accelerated development of intelligent EPS that integrates with autonomous driving software.

List of Top Key Player:

Nexteer, Robert Bosch, Delphi, Mitsubishi Electric, and ZF Lenksysteme.

USA - Industry Developments:
✅ 12 Feb 2025 - Nexteer expanded production capacity for electric power steering systems to meet growing demand in electric and hybrid vehicles.
✅ 25 Mar 2025 - Robert Bosch announced a new partnership with EV manufacturers to develop advanced steer-by-wire technologies.

Japan - Industry Developments:
✅ 18 Apr 2025 - Mitsubishi Electric unveiled an upgraded electronic power steering module with enhanced energy efficiency for compact cars.
✅ 30 Jun 2025 - Delphi boosted R&D investment focused on integrating advanced driver assistance systems (ADAS) with EPS units.

Korea - Industry Developments:
✅ 05 Jan 2025 - ZF Lenksysteme introduced a next-generation electronic power steering system tailored for high-performance electric vehicles.
✅ 22 Feb 2025 - Korean OEMs increased collaboration with EPS suppliers to optimize steering response and reduce system weight.

Forecast Projection:

The Global Electronic Power Steering Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.

Market Intelligence Research Process:

The Electronic Power Steering Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.

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Key Segmentation:

By Vehicle Type: Passenger Cars, Commercial Vehicles (Light Commercial Vehicles, Heavy Commercial vehicles)

By Component: Steering Column, Steering Vehicle, Sensors, Electronic Control Unit, Electric motor, and bearings

By Steering Type: (Column assisted electronic power steering(C-EPS), Pinion assisted electronic power steering (P-EPS), Rack assisted power steering system (R-EPS), Electronic hydraulic power steering (EHPS)

Global Growth Regional Analysis:

⇥ North America (30%)
Strong automotive production and increasing adoption of electric vehicles drive EPS demand in this region.

⇥ Europe (28%)
Strict emission norms and high penetration of advanced driver assistance systems boost EPS growth.

⇥ Asia-Pacific (32%)
Rapid vehicle production and growing demand for fuel-efficient steering systems make this the largest market.

⇥ Middle East & Africa (5%)
Gradual uptake due to emerging automotive markets and infrastructure development.

⇥ South America (5%)
Steady growth from increasing vehicle sales and modernization of passenger cars.

Benefits of the Report:

Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Electronic Power Steering Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.

Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.

Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.

Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.

Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.

Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.

Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.

Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.

Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.

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