Automotive Electric Power Steering Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
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The global Automotive Electric Power Steering market is expected to grow at a CAGR of 2.9% during the forecast period.
The global Automotive Electric Power Steering market is estimated to be about 20186.0 million US dollars in 2020.
The global Automotive Electric Power Steering market is estimated to reach 22635.7 million USD by 2026.
The global Automotive Electric Power Steering market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Automotive Electric Power Steering market will be able to gain an advantage as they use reports as a powerful resource.
Automotive Electric Power Steering markets by category
Column Assist EPS
Single-Pinion Assist EPS
Dual-Pinion Assist EPS
Rack Assist EPS
Automotive Electric Power Steering Market by Application (Percentage of Demand)
Passenger Car
Commercial Vehicle
Who are the leading companies in Automotive Electric Power Steering
JTEKToration
Robert Bosch Automotive Steering GmbH
NSK
Nexteer Automotive
ZF TRW Automotive Holdingsoration
Delphi Automotive
China Automotive Systems
Mandooration
Showaoration
Automotive Electric Power Steering markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Automotive Electric Power Steering.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Automotive Electric Power Steering Revenue and Growth Forecast 2014-2026
2.2 Global Automotive Electric Power Steering Market Size and Growth Forecast 2014-2026
2.3 Global Automotive Electric Power Steering Revenue by Region 2014-2026
2.4 Automotive Electric Power Steering Market Share by Major Regions 2014-2021
2.5 Automotive Electric Power Steering Gross Margin in Different Region 2014-2021
2.6 Global Automotive Electric Power Steering Market History Price and Forecast 2014-2026
2.7 Global Automotive Electric Power Steering Sales Market Share by Top Companies 2014-2021
3 Global Automotive Electric Power Steering Market by Type
3.1 Global Automotive Electric Power Steering Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Automotive Electric Power Steering Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Automotive Electric Power Steering Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Column Assist EPS
3.4.2 Single-Pinion Assist EPS
3.4.3 Dual-Pinion Assist EPS
3.4.4 Rack Assist EPS
4 Global Automotive Electric Power Steering Market by Application
4.1 Global Automotive Electric Power Steering Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Automotive Electric Power Steering Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Passenger Car
4.3.2 Commercial Vehicle
5 North America Automotive Electric Power Steering Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Automotive Electric Power Steering Value ($) from 2014-2021
5.2 North America Automotive Electric Power Steering Market Size from 2014-2021
5.3 North America Automotive Electric Power Steering Price Change from 2014-2021
5.4 North America Automotive Electric Power Steering Import and Export from 2014-2021
5.5 North America Automotive Electric Power Steering Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Automotive Electric Power Steering Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Automotive Electric Power Steering Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Automotive Electric Power Steering Participants Value ($) and Market Share (%) in 2020
6 Europe Automotive Electric Power Steering Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Automotive Electric Power Steering Value ($) from 2014-2021
6.2 Europe Automotive Electric Power Steering Market Size from 2014-2021
6.3 Europe Automotive Electric Power Steering Price Change from 2014-2021
6.4 Europe Automotive Electric Power Steering Import and Export from 2014-2021
6.5 Europe Automotive Electric Power Steering Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Automotive Electric Power Steering Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Automotive Electric Power Steering Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Automotive Electric Power Steering Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Automotive Electric Power Steering Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Automotive Electric Power Steering Value ($) from 2014-2021
7.2 Asia-Pacific Automotive Electric Power Steering Market Size from 2014-2021
7.3 Asia-Pacific Automotive Electric Power Steering Price Change from 2014-2021
7.4 Asia-Pacific Automotive Electric Power Steering Import and Export from 2014-2021
7.5 Asia-Pacific Automotive Electric Power Steering Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Automotive Electric Power Steering Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Automotive Electric Power Steering Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Automotive Electric Power Steering Participants Value ($) and Market Share (%) in 2020
8 Latin America Automotive Electric Power Steering Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Automotive Electric Power Steering Value ($) from 2014-2021
8.2 Latin America Automotive Electric Power Steering Market Size from 2014-2021
8.3 Latin America Automotive Electric Power Steering Price Change from 2014-2021
8.4 Latin America Automotive Electric Power Steering Import and Export from 2014-2021
8.5 Latin America Automotive Electric Power Steering Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Automotive Electric Power Steering Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Automotive Electric Power Steering Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Automotive Electric Power Steering Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Automotive Electric Power Steering Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Automotive Electric Power Steering Value ($) from 2014-2021
9.2 Middle East & Africa Automotive Electric Power Steering Market Size from 2014-2021
9.3 Middle East & Africa Automotive Electric Power Steering Price Change from 2014-2021
9.4 Middle East & Africa Automotive Electric Power Steering Import and Export from 2014-2021
9.5 Middle East & Africa Automotive Electric Power Steering Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Automotive Electric Power Steering Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Automotive Electric Power Steering Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Automotive Electric Power Steering Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 JTEKToration
10.1.1 JTEKToration Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 JTEKToration Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 JTEKToration Value and Growth Change from 2014-2021
10.1.4 JTEKToration Price Change from 2014-2021
10.1.5 JTEKToration Product Offered
10.2 Robert Bosch Automotive Steering GmbH
10.2.1 Robert Bosch Automotive Steering GmbH Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Robert Bosch Automotive Steering GmbH Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Robert Bosch Automotive Steering GmbH Value and Growth Change from 2014-2021
10.2.4 Robert Bosch Automotive Steering GmbH Price Change from 2014-2021
10.2.5 Robert Bosch Automotive Steering GmbH Product Offered
10.3 NSK
10.3.1 NSK Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 NSK Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 NSK Value and Growth Change from 2014-2021
10.3.4 NSK Price Change from 2014-2021
10.3.5 NSK Product Offered
10.4 Nexteer Automotive
10.4.1 Nexteer Automotive Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Nexteer Automotive Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 Nexteer Automotive Value and Growth Change from 2014-2021
10.4.4 Nexteer Automotive Price Change from 2014-2021
10.4.5 Nexteer Automotive Product Offered
10.5 ZF TRW Automotive Holdingsoration
10.5.1 ZF TRW Automotive Holdingsoration Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 ZF TRW Automotive Holdingsoration Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 ZF TRW Automotive Holdingsoration Value and Growth Change from 2014-2021
10.5.4 ZF TRW Automotive Holdingsoration Price Change from 2014-2021
10.5.5 ZF TRW Automotive Holdingsoration Product Offered
10.6 Delphi Automotive
10.6.1 Delphi Automotive Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Delphi Automotive Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 Delphi Automotive Value and Growth Change from 2014-2021
10.6.4 Delphi Automotive Price Change from 2014-2021
10.6.5 Delphi Automotive Product Offered
10.7 China Automotive Systems
10.7.1 China Automotive Systems Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 China Automotive Systems Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 China Automotive Systems Value and Growth Change from 2014-2021
10.7.4 China Automotive Systems Price Change from 2014-2021
10.7.5 China Automotive Systems Product Offered
10.8 Mandooration
10.8.1 Mandooration Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Mandooration Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Mandooration Value and Growth Change from 2014-2021
10.8.4 Mandooration Price Change from 2014-2021
10.8.5 Mandooration Product Offered
10.9 Showaoration
10.9.1 Showaoration Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 Showaoration Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 Showaoration Value and Growth Change from 2014-2021
10.9.4 Showaoration Price Change from 2014-2021
10.9.5 Showaoration Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Automotive Electric Power Steering by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Automotive Electric Power Steering Market from 2020-2026
12.1 Future Forecast of Global Automotive Electric Power Steering Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Automotive Electric Power Steering Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Automotive Electric Power Steering Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Research Methodology:
Automotive Electric Power Steering Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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