Automotive Electric Power Steering Market [Motor Assist: Column Assist, Pinion Assist, and Rack Assist; Technology: Conventional EPS and EPS with ADAS] - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Feb 2023| TMR1804B| Transparency

Report Highlights

Automotive Electric Power Steering Market – Scope of Report

TMR’s report on the global automotive electric power steering market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global automotive electric power steering market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global automotive electric power steering market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the automotive electric power steering market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global automotive electric power steering market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global automotive electric power steering market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global automotive electric power steering market.

The report delves into the competitive landscape of the global automotive electric power steering market. Key players operating in the global automotive electric power steering market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global automotive electric power steering market profiled in this report.

Key Questions Answered in Global Automotive Electric Power Steering Market Report

  • What is the sales/revenue generated by automotive electric power steering across all regions during the forecast period?
  • What are the opportunities in the global automotive electric power steering market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2023-2031
Units considered $ Billion
Segments covered By Motor Assist, By Technology, By Component, By Vehicle Type, By Region
Industry covered Automotive
Countries covered North America, Europe, Asia Pacific, Middle East & Africa, South America
Companies studied
  • JTEKT Corporation,
  • ZF Friedrichshafen,
  • DENSO Corporation,
  • Sona Koyo Steering Systems Ltd.,
  • GKN plc,
  • Robert Bosch GmbH,
  • Mitsubishi Electric Corporation,
  • NSK Ltd.,
  • China Automotive Systems, Inc.,
  • Delphi Technologies, and Others.

Automotive Electric Power Steering Market – Research Objectives and Research Approach

The comprehensive report on the global automotive electric power steering market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global automotive electric power steering market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global automotive electric power steering market.

  • Table 1 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Table 2 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Table 3 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Table 4 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Table 5 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Table 6 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Table 7 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Table 8 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Table 9 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Region, 2017-2031
  • Table 10 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Region, 2017-2031
  • Table 11 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Table 12 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Table 13 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Table 14 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Table 15 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Table 16 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Table 17 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Table 18 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Table 19 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country, 2017-2031
  • Table 20 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country, 2017-2031
  • Table 21 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Table 22 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Table 23 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Table 24 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Table 25 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Table 26 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Table 27 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Table 28 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Table 29 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country/Sub-region, 2017-2031
  • Table 30 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country/Sub-region, 2017-2031
  • Table 31 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Table 32 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Table 33 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Table 34 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Table 35 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Table 36 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Table 37 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Table 38 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Table 39 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country/Sub-region, 2017-2031
  • Table 40 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country, 2017-2031
  • Table 41 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Table 42 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Table 43 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Table 44 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Table 45 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Table 46 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Table 47 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Table 48 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Table 49 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country/Sub-region, 2017-2031
  • Table 50 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country/Sub-region, 2017-2031
  • Table 51 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Table 52 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Table 53 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Table 54 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Table 55 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Table 56 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Table 57 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Table 58 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Table 59 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country/Sub-region, 2017-2031
  • Table 60 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country/Sub-region, 2017-2031
  • Figure 1 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Figure 2 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Figure 3 : Global Automotive Electric Power Steering Market, Incremental Opportunity, by Motor Assist, Value (US$ Bn), 2023-2031
  • Figure 4 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Figure 5 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Figure 6 : Global Automotive Electric Power Steering Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2023-2031
  • Figure 7 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Figure 8 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Figure 9 : Global Automotive Electric Power Steering Market, Incremental Opportunity, by Component, Value (US$ Bn), 2023-2031
  • Figure 10 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Figure 11 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Figure 12 : Global Automotive Electric Power Steering Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2023-2031
  • Figure 13 : Global Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Region, 2017-2031
  • Figure 14 : Global Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Region, 2017-2031
  • Figure 15 : Global Automotive Electric Power Steering Market, Incremental Opportunity, by Region, Value (US$ Bn), 2023-2031
  • Figure 16 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Figure 17 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Figure 18 : North America Automotive Electric Power Steering Market, Incremental Opportunity, by Motor Assist, Value (US$ Bn), 2023-2031
  • Figure 19 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Figure 20 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Figure 21 : North America Automotive Electric Power Steering Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2023-2031
  • Figure 22 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Figure 23 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Figure 24 : North America Automotive Electric Power Steering Market, Incremental Opportunity, by Component, Value (US$ Bn), 2023-2031
  • Figure 25 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Figure 26 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Figure 27 : North America Automotive Electric Power Steering Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2023-2031
  • Figure 28 : North America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country, 2017-2031
  • Figure 29 : North America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country, 2017-2031
  • Figure 30 : North America Automotive Electric Power Steering Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031
  • Figure 31 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Figure 32 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Figure 33 : Europe Automotive Electric Power Steering Market, Incremental Opportunity, by Motor Assist, Value (US$ Bn), 2023-2031
  • Figure 34 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Figure 35 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Figure 36 : Europe Automotive Electric Power Steering Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2023-2031
  • Figure 37 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Figure 38 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Figure 39 : Europe Automotive Electric Power Steering Market, Incremental Opportunity, by Component, Value (US$ Bn), 2023-2031
  • Figure 40 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Figure 41 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Figure 42 : Europe Automotive Electric Power Steering Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2023-2031
  • Figure 43 : Europe Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country/Sub-region, 2017-2031
  • Figure 44 : Europe Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country/Sub-region, 2017-2031
  • Figure 45 : Europe Automotive Electric Power Steering Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031
  • Figure 46 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Figure 47 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Figure 48 : Asia Pacific Automotive Electric Power Steering Market, Incremental Opportunity, by Motor Assist, Value (US$ Bn), 2023-2031
  • Figure 49 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Figure 50 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Figure 51 : Asia Pacific Automotive Electric Power Steering Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2023-2031
  • Figure 52 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Figure 53 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Figure 54 : Asia Pacific Automotive Electric Power Steering Market, Incremental Opportunity, by Component, Value (US$ Bn), 2023-2031
  • Figure 55 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Figure 56 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Figure 57 : Asia Pacific Automotive Electric Power Steering Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2023-2031
  • Figure 58 : Asia Pacific Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country/Sub-region, 2017-2031
  • Figure 59 : Asia Pacific Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country/Sub-region, 2017-2031
  • Figure 60 : Asia Pacific Automotive Electric Power Steering Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031
  • Figure 61 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Figure 62 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Figure 63 : Middle East & Africa Automotive Electric Power Steering Market, Incremental Opportunity, by Motor Assist, Value (US$ Bn), 2023-2031
  • Figure 64 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Figure 65 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Figure 66 : Middle East & Africa Automotive Electric Power Steering Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2023-2031
  • Figure 67 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Figure 68 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Figure 69 : Middle East & Africa Automotive Electric Power Steering Market, Incremental Opportunity, by Component, Value (US$ Bn), 2023-2031
  • Figure 70 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Figure 71 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Figure 72 : Middle East & Africa Automotive Electric Power Steering Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2023-2031
  • Figure 73 : Middle East & Africa Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country/Sub-region, 2017-2031
  • Figure 74 : Middle East & Africa Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country/Sub-region, 2017-2031
  • Figure 75 : Middle East & Africa Automotive Electric Power Steering Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031
  • Figure 76 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Motor Assist, 2017-2031
  • Figure 77 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Motor Assist, 2017-2031
  • Figure 78 : South America Automotive Electric Power Steering Market, Incremental Opportunity, by Motor Assist, Value (US$ Bn), 2023-2031
  • Figure 79 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Technology, 2017-2031
  • Figure 80 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Technology, 2017-2031
  • Figure 81 : South America Automotive Electric Power Steering Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2023-2031
  • Figure 82 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Component, 2017-2031
  • Figure 83 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Component, 2017-2031
  • Figure 84 : South America Automotive Electric Power Steering Market, Incremental Opportunity, by Component, Value (US$ Bn), 2023-2031
  • Figure 85 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031
  • Figure 86 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Vehicle Type, 2017-2031
  • Figure 87 : South America Automotive Electric Power Steering Market, Incremental Opportunity, by Vehicle Type, Value (US$ Bn), 2023-2031
  • Figure 88 : South America Automotive Electric Power Steering Market Volume (Million Units) Forecast, by Country, 2017-2031
  • Figure 89 : South America Automotive Electric Power Steering Market Value (US$ Bn) Forecast, by Country/Sub-region, 2017-2031
  • Figure 90 : South America Automotive Electric Power Steering Market, Incremental Opportunity, by Country/Sub-region, Value (US$ Bn), 2023-2031

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[347 Pages Report] Transparency Market Research (TMR), in its recently published report, sheds light on the growth of the automotive electric power steering market over the course of the forecast period of 2019-2027. This business study outlines the key trends and significant developments that are observed in the automotive ...

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