Automotive Electric Power Steering Market Research： the market size is projected to reach USD 21.66 billion

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Automotive Electric Power Steering Market Research： the market size is projected to reach USD 21.66 billion by 203

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Automotive Electric Power Steering- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Automotive Electric Power Steering was estimated to be worth US$ 18321 million in 2024 and is forecast to a readjusted size of US$ 21663 million by 2031 with a CAGR of 2.2% during the forecast period 2025-2031.

【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

https://www.qyresearch.com/reports/4944749/automotive-electric-power-steering

According to the new market research report “Automotive Electric Power Steering - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global Automotive Electric Power Steering market size is projected to reach USD 21.66 billion by 2031, at a CAGR of 1.8% during the forecast period.

Figure00001. Global Automotive Electric Power Steering Market Size (US$ Million), 2020-2031

Automotive Electric Power Steering

Source: QYResearch, "Automotive Electric Power Steering - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

Figure00002. Global Automotive Electric Power Steering Top 13 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Automotive Electric Power Steering

Source: QYResearch, "Automotive Electric Power Steering - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

According to QYResearch Top Players Research Center, the global key manufacturers of Automotive Electric Power Steering include JTEKT, Bosch, Nexteer, ZF, NSK, etc.

In 2024, the global top five players had a share approximately 78.0% in terms of revenue.

In terms of product type, currently C-EPS is the largest segment, hold a share of 38.7%.

In terms of product application, currently Passenger Car is the largest segment, hold a share of 88.2%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Automotive Electric Power Steering market is segmented as below:
By Company
JTEKT
Bosch
Nexteer
ZF
NSK
Hitachi Astemo
Hyundai Mobis
Thyssenkrupp
HL Mando
CAAS
Zhuzhou Elite
Yubei
Zhejiang Shibao

Segment by Type
C-EPS
P-EPS
DP-EPS
R-EPS

Segment by Application
Passenger Car
Commercial Vehicle

Each chapter of the report provides detailed information for readers to further understand the Automotive Electric Power Steering market:

Chapter 1: Introduces the report scope of the Automotive Electric Power Steering report, global total market size (valve, volume and price). This chapter also provides 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. (2020-2031)
Chapter 2: Detailed analysis of Automotive Electric Power Steering manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Automotive Electric Power Steering market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Automotive Electric Power Steering in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Automotive Electric Power Steering in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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