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Global Electric Power Steering System (EPS) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031
Published Date: June 2025
|
Report Code: QYRE-Auto-2I343
Home | Market Reports | Business & Industrial| Automotive Industry
Global Electric Power Steering System EPS Market Insights and Forecast to 2028
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Global Electric Power Steering System (EPS) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

Code: QYRE-Auto-2I343
Report
June 2025
Pages:158
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
JTEKT
Bosch
NSK
ZF
Thyssenkrupp AG
Mando
Hitachi Astemo (Showa)
CAAS
Zhejiang Shibao
Nexteer
Hyundai Mobis
Zhuzhou Elite
Yubei

Electric Power Steering System (EPS) Market Size

In 2024, the global market size of Electric Power Steering System (EPS) was estimated to be worth US$ 17830 million and is forecast to reach approximately US$ 21360 million by 2031 with a CAGR of 2.7% during the forecast period 2025-2031.

Electric Power Steering System (EPS) Market

Electric Power Steering System (EPS) Market

Automotive Electronic Power Steering is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Currently, most of the vehicle are installed the electronic power steering system, and the electronic power steering system can reduce about 5% fuel consumption.
The global key producers of electric power steering system(EPS) are JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, and others. The top five producers have a total market share of 80%, with the largest producer being JTEKT with a 30% share. Global origins are mainly located in North America, Europe, China, Japan, etc., with China being the largest production region with a market share of 35%. In terms of product categories, C-EPS has the largest market share with 40%, followed by P-EPS and DP-EPS with 35% and 15% respectively. In terms of applications, passenger cars hold more than 90% of the market share, while commercial vehicles account for only 8%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Electric Power Steering System (EPS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Power Steering System (EPS).
The Electric Power Steering System (EPS) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Electric Power Steering System (EPS) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Power Steering System (EPS) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.

Scope of Electric Power Steering System (EPS) Market Report

Report Metric Details
Report Name Electric Power Steering System (EPS) Market
Forecasted market size in 2031 approximately US$ 21360 million
CAGR 2.7%
Forecasted years 2025 - 2031
Segment by Type
  • C-EPS
  • P-EPS
  • DP-EPS
  • R-EPS
Segment by Application
  • Passenger Car
  • Commercial Vehicle
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp, Mando, CAAS, Zhuzhou Elite, Yubei, Zhejiang Shibao
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Sales (consumption), revenue of Electric Power Steering System (EPS) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 3: Detailed analysis of Electric Power Steering System (EPS) manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electric Power Steering System (EPS) sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
  • Chapter 13: Introduces 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.
  • Chapter 14: Research Findings and Conclusion.

FAQ for this report

What is the Electric Power Steering System (EPS) Market size in 2031?

Ans: The Electric Power Steering System (EPS) Market size in 2031 will be approximately US$ 21360 million.

What is the market share of major companies in Electric Power Steering System (EPS) Market?

Ans: The top five producers have a total market share of 80%, with the largest producer being JTEKT with a 30% share.

What is the Electric Power Steering System (EPS) Market share by type?

Ans: In terms of product categories, C-EPS has the largest market share with 40%, followed by P-EPS and DP-EPS with 35% and 15% respectively.

Who are the main players in the Electric Power Steering System (EPS) Market report?

Ans: The main players in the Electric Power Steering System (EPS) Market are JTEKT, Bosch, Nexteer, ZF, NSK, Hitachi Astemo (Showa), Hyundai Mobis, Thyssenkrupp, Mando, CAAS, Zhuzhou Elite, Yubei, Zhejiang Shibao

What are the Application segmentation covered in the Electric Power Steering System (EPS) Market report?

Ans: The Applications covered in the Electric Power Steering System (EPS) Market report are Passenger Car, Commercial Vehicle

What are the Type segmentation covered in the Electric Power Steering System (EPS) Market report?

Ans: The Types covered in the Electric Power Steering System (EPS) Market report are C-EPS, P-EPS, DP-EPS, R-EPS

1 Study Coverage
1.1 Electric Power Steering System (EPS) Product Introduction
1.2 Market by Type
1.2.1 Global Electric Power Steering System (EPS) Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 C-EPS
1.2.3 P-EPS
1.2.4 DP-EPS
1.2.5 R-EPS
1.3 Market by Application
1.3.1 Global Electric Power Steering System (EPS) Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Passenger Car
1.3.3 Commercial Vehicle
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Electric Power Steering System (EPS) Market Size Estimates and Forecasts
2.1.1 Global Electric Power Steering System (EPS) Revenue 2020-2031
2.1.2 Global Electric Power Steering System (EPS) Sales 2020-2031
2.2 Electric Power Steering System (EPS) Market Size by Region: 2024 Versus 2031
2.3 Electric Power Steering System (EPS) Sales by Region (2020-2031)
2.3.1 Global Electric Power Steering System (EPS) Sales by Region: 2020-2025
2.3.2 Global Electric Power Steering System (EPS) Sales Forecast by Region (2026-2031)
2.3.3 Global Electric Power Steering System (EPS) Sales Market Share by Region (2020-2031)
2.4 Electric Power Steering System (EPS) Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Electric Power Steering System (EPS) Revenue by Region: 2020-2025
2.4.2 Global Electric Power Steering System (EPS) Revenue Forecast by Region (2026-2031)
2.4.3 Global Electric Power Steering System (EPS) Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Electric Power Steering System (EPS) Sales by Type (2020-2031)
3.1.1.1 Global Electric Power Steering System (EPS) Sales Volume by Type (2020-2031)
3.1.1.2 Global Electric Power Steering System (EPS) Sales Market Share by Type (2020-2031)
3.1.2 Global Electric Power Steering System (EPS) Revenue by Type (2020-2031)
3.1.2.1 Global Electric Power Steering System (EPS) Revenue by Type (2020-2031)
3.1.2.2 Global Electric Power Steering System (EPS) Revenue Market Share by Type (2020-2031)
3.1.3 Electric Power Steering System (EPS) Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Electric Power Steering System (EPS) Sales by Application (2020-2031)
3.2.1.1 Global Electric Power Steering System (EPS) Sales Volume by Application (2020-2031)
3.2.1.2 Global Electric Power Steering System (EPS) Sales Market Share by Application (2020-2031)
3.2.2 Global Electric Power Steering System (EPS) Revenue by Application (2020-2031)
3.2.2.1 Global Electric Power Steering System (EPS) Revenue by Application (2020-2031)
3.2.2.2 Global Electric Power Steering System (EPS) Revenue Market Share by Application (2020-2031)
3.2.3 Electric Power Steering System (EPS) Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 C-EPS of Electric Power Steering System (EPS) Revenue Market Share by Application
3.3.2 P-EPS of Electric Power Steering System (EPS) Revenue Market Share by Application
3.3.3 DP-EPS of Electric Power Steering System (EPS) Revenue Market Share by Application
3.3.4 R-EPS of Electric Power Steering System (EPS) Revenue Market Share by Application
4 Global Electric Power Steering System (EPS) by Manufacturers
4.1 Global Top Electric Power Steering System (EPS) Manufacturers by Sales (2020-2025)
4.1.1 Global Electric Power Steering System (EPS) Sales by Manufacturer (2020-2025)
4.1.2 Global Electric Power Steering System (EPS) Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Electric Power Steering System (EPS) Manufacturers by Revenue (2020-2025)
4.2.1 Global Electric Power Steering System (EPS) Revenue by Manufacturer (2020-2025)
4.2.2 Global Electric Power Steering System (EPS) Revenue Share by Manufacturer (2020-2025)
4.3 Global Electric Power Steering System (EPS) Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Electric Power Steering System (EPS) Manufacturers Covered: Ranking by Revenue
4.4.2 Global Electric Power Steering System (EPS) Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Electric Power Steering System (EPS) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Electric Power Steering System (EPS) Manufacturing Base Distribution, Product Type
4.5.1 Electric Power Steering System (EPS) Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Electric Power Steering System (EPS) Market
4.5.3 Manufacturers Electric Power Steering System (EPS) Product Type and Application
4.5.4 C-EPS Market Sales of Electric Power Steering System (EPS) by Manufacturer
4.5.5 P-EPS Market Sales of Electric Power Steering System (EPS) by Manufacturer
4.5.6 DP-EPS Market Sales of Electric Power Steering System (EPS) by Manufacturer
4.5.7 R-EPS Market Sales of Electric Power Steering System (EPS) by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 JTEKT
5.1.1 JTEKT Company Information
5.1.2 JTEKT Description, Business Overview
5.1.3 JTEKT Electric Power Steering System (EPS) Products Offered
5.1.4 JTEKT Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.1.5 JTEKT Electric Power Steering System (EPS) Sales by Product in 2024
5.1.6 JTEKT Electric Power Steering System (EPS) Sales by Application in 2024
5.1.7 JTEKT Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.1.8 JTEKT Recent Developments
5.2 Bosch
5.2.1 Bosch Company Information
5.2.2 Bosch Description, Business Overview
5.2.3 Bosch Electric Power Steering System (EPS) Products Offered
5.2.4 Bosch Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.2.5 Bosch Electric Power Steering System (EPS) Sales by Product in 2024
5.2.6 Bosch Electric Power Steering System (EPS) Sales by Application in 2024
5.2.7 Bosch Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.2.8 Bosch Recent Developments
5.3 Nexteer
5.3.1 Nexteer Company Information
5.3.2 Nexteer Description, Business Overview
5.3.3 Nexteer Electric Power Steering System (EPS) Products Offered
5.3.4 Nexteer Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Nexteer Electric Power Steering System (EPS) Sales by Product in 2024
5.3.6 Nexteer Electric Power Steering System (EPS) Sales by Application in 2024
5.3.7 Nexteer Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.3.8 Nexteer Recent Developments
5.4 ZF
5.4.1 ZF Company Information
5.4.2 ZF Description, Business Overview
5.4.3 ZF Electric Power Steering System (EPS) Products Offered
5.4.4 ZF Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.4.5 ZF Electric Power Steering System (EPS) Sales by Product in 2024
5.4.6 ZF Electric Power Steering System (EPS) Sales by Application in 2024
5.4.7 ZF Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.4.8 ZF Recent Developments
5.5 NSK
5.5.1 NSK Company Information
5.5.2 NSK Description, Business Overview
5.5.3 NSK Electric Power Steering System (EPS) Products Offered
5.5.4 NSK Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.5.5 NSK Electric Power Steering System (EPS) Sales by Product in 2024
5.5.6 NSK Electric Power Steering System (EPS) Sales by Application in 2024
5.5.7 NSK Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.5.8 NSK Recent Developments
5.6 Hitachi Astemo (Showa)
5.6.1 Hitachi Astemo (Showa) Company Information
5.6.2 Hitachi Astemo (Showa) Description, Business Overview
5.6.3 Hitachi Astemo (Showa) Electric Power Steering System (EPS) Products Offered
5.6.4 Hitachi Astemo (Showa) Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.6.5 Hitachi Astemo (Showa) Electric Power Steering System (EPS) Sales by Product in 2024
5.6.6 Hitachi Astemo (Showa) Electric Power Steering System (EPS) Sales by Application in 2024
5.6.7 Hitachi Astemo (Showa) Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.6.8 Hitachi Astemo (Showa) Recent Developments
5.7 Hyundai Mobis
5.7.1 Hyundai Mobis Company Information
5.7.2 Hyundai Mobis Description, Business Overview
5.7.3 Hyundai Mobis Electric Power Steering System (EPS) Products Offered
5.7.4 Hyundai Mobis Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.7.5 Hyundai Mobis Electric Power Steering System (EPS) Sales by Product in 2024
5.7.6 Hyundai Mobis Electric Power Steering System (EPS) Sales by Application in 2024
5.7.7 Hyundai Mobis Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.7.8 Hyundai Mobis Recent Developments
5.8 Thyssenkrupp
5.8.1 Thyssenkrupp Company Information
5.8.2 Thyssenkrupp Description, Business Overview
5.8.3 Thyssenkrupp Electric Power Steering System (EPS) Products Offered
5.8.4 Thyssenkrupp Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Thyssenkrupp Electric Power Steering System (EPS) Sales by Product in 2024
5.8.6 Thyssenkrupp Electric Power Steering System (EPS) Sales by Application in 2024
5.8.7 Thyssenkrupp Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.8.8 Thyssenkrupp Recent Developments
5.9 Mando
5.9.1 Mando Company Information
5.9.2 Mando Description, Business Overview
5.9.3 Mando Electric Power Steering System (EPS) Products Offered
5.9.4 Mando Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.9.5 Mando Electric Power Steering System (EPS) Sales by Product in 2024
5.9.6 Mando Electric Power Steering System (EPS) Sales by Application in 2024
5.9.7 Mando Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.9.8 Mando Recent Developments
5.10 CAAS
5.10.1 CAAS Company Information
5.10.2 CAAS Description, Business Overview
5.10.3 CAAS Electric Power Steering System (EPS) Products Offered
5.10.4 CAAS Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.10.5 CAAS Electric Power Steering System (EPS) Sales by Product in 2024
5.10.6 CAAS Electric Power Steering System (EPS) Sales by Application in 2024
5.10.7 CAAS Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.10.8 CAAS Recent Developments
5.11 Zhuzhou Elite
5.11.1 Zhuzhou Elite Company Information
5.11.2 Zhuzhou Elite Description, Business Overview
5.11.3 Zhuzhou Elite Electric Power Steering System (EPS) Products Offered
5.11.4 Zhuzhou Elite Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Zhuzhou Elite Electric Power Steering System (EPS) Sales by Product in 2024
5.11.6 Zhuzhou Elite Electric Power Steering System (EPS) Sales by Application in 2024
5.11.7 Zhuzhou Elite Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.11.8 Zhuzhou Elite Recent Developments
5.12 Yubei
5.12.1 Yubei Company Information
5.12.2 Yubei Description, Business Overview
5.12.3 Yubei Electric Power Steering System (EPS) Products Offered
5.12.4 Yubei Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.12.5 Yubei Electric Power Steering System (EPS) Sales by Product in 2024
5.12.6 Yubei Electric Power Steering System (EPS) Sales by Application in 2024
5.12.7 Yubei Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.12.8 Yubei Recent Developments
5.13 Zhejiang Shibao
5.13.1 Zhejiang Shibao Company Information
5.13.2 Zhejiang Shibao Description, Business Overview
5.13.3 Zhejiang Shibao Electric Power Steering System (EPS) Products Offered
5.13.4 Zhejiang Shibao Electric Power Steering System (EPS) Sales, Revenue and Gross Margin (2020-2025)
5.13.5 Zhejiang Shibao Electric Power Steering System (EPS) Sales by Product in 2024
5.13.6 Zhejiang Shibao Electric Power Steering System (EPS) Sales by Application in 2024
5.13.7 Zhejiang Shibao Electric Power Steering System (EPS) Sales by Geographic Area in 2024
5.13.8 Zhejiang Shibao Recent Developments
6 North America
6.1 North America Electric Power Steering System (EPS) Market Size YoY Growth 2020-2031
6.2 North America Electric Power Steering System (EPS) Market Facts & Figures by Country
6.2.1 North America Electric Power Steering System (EPS) Sales by Country (2020-2031)
6.2.2 North America Electric Power Steering System (EPS) Revenue by Country (2020-2031)
6.3 North America Electric Power Steering System (EPS) Sales by Type (2020-2025)
6.4 North America Electric Power Steering System (EPS) Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Electric Power Steering System (EPS) Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Electric Power Steering System (EPS) Market Facts & Figures by Region
7.2.1 Asia-Pacific Electric Power Steering System (EPS) Sales by Region (2020-2031)
7.2.2 Asia-Pacific Electric Power Steering System (EPS) Revenue by Region (2020-2031)
7.3 Asia-Pacific Electric Power Steering System (EPS) Sales by Type (2020-2025)
7.4 Asia-Pacific Electric Power Steering System (EPS) Sales by Application (2020-2025)
8 Europe
8.1 Europe Electric Power Steering System (EPS) Market Size YoY Growth 2020-2031
8.2 Europe Electric Power Steering System (EPS) Market Facts & Figures by Country
8.2.1 Europe Electric Power Steering System (EPS) Sales by Country (2020-2031)
8.2.2 Europe Electric Power Steering System (EPS) Revenue by Country (2020-2031)
8.3 Europe Electric Power Steering System (EPS) Sales by Type (2020-2025)
8.4 Europe Electric Power Steering System (EPS) Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Electric Power Steering System (EPS) Market Size YoY Growth 2020-2031
9.2 Latin America Electric Power Steering System (EPS) Market Facts & Figures by Country
9.2.1 Latin America Electric Power Steering System (EPS) Sales by Country (2020-2031)
9.2.2 Latin America Electric Power Steering System (EPS) Revenue by Country (2020-2031)
9.3 Latin America Electric Power Steering System (EPS) Sales by Type (2020-2025)
9.4 Latin America Electric Power Steering System (EPS) Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Electric Power Steering System (EPS) Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Electric Power Steering System (EPS) Market Facts & Figures by Country
10.2.1 Middle East and Africa Electric Power Steering System (EPS) Sales by Country (2020-2031)
10.2.2 Middle East and Africa Electric Power Steering System (EPS) Revenue by Country (2020-2031)
10.3 Middle East and Africa Electric Power Steering System (EPS) Sales by Type (2020-2025)
10.4 Middle East and Africa Electric Power Steering System (EPS) Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Electric Power Steering System (EPS) Supply Chain Analysis
11.2 Electric Power Steering System (EPS) Key Raw Materials and Upstream Suppliers
11.3 Electric Power Steering System (EPS) Clients Analysis
11.4 Electric Power Steering System (EPS) Sales Channel and Sales Model Analysis
11.4.1 Electric Power Steering System (EPS) Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Electric Power Steering System (EPS) Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Electric Power Steering System (EPS) Distributors
12 Electric Power Steering System (EPS) Market Dynamics
12.1 Electric Power Steering System (EPS) Industry Trends
12.2 Electric Power Steering System (EPS) Market Drivers
12.3 Electric Power Steering System (EPS) Market Challenges
12.4 Electric Power Steering System (EPS) Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
FEATURED COMPANIES
JTEKT
Bosch
NSK
ZF
Thyssenkrupp AG
Mando
Hitachi Astemo (Showa)
CAAS
Zhejiang Shibao
Nexteer
Hyundai Mobis
Zhuzhou Elite
Yubei
List of Tables
 Table 1. Global Electric Power Steering System (EPS) Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Global Electric Power Steering System (EPS) Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 3. Global Electric Power Steering System (EPS) Market Size by Region (US$ Million): 2024 VS 2031
 Table 4. Global Electric Power Steering System (EPS) Sales by Region (2020-2025) & (K Units)
 Table 5. Global Electric Power Steering System (EPS) Sales Forecast by Region (2026-2031) & (K Units)
 Table 6. Global Electric Power Steering System (EPS) Revenue by Region (2020-2025) & (US$ Million)
 Table 7. Global Electric Power Steering System (EPS) Revenue Forecast by Region (2026-2031) & (US$ Million)
 Table 8. Global Electric Power Steering System (EPS) Sales Volume by Type (2020-2025) & (K Units)
 Table 9. Global Electric Power Steering System (EPS) Sales Volume by Type (2026-2031) & (K Units)
 Table 10. Global Electric Power Steering System (EPS) Revenue by Type (2020-2025) & (US$ Million)
 Table 11. Global Electric Power Steering System (EPS) Revenue Forecast by Type (2026-2031) & (US$ Million)
 Table 12. Global Electric Power Steering System (EPS) Sales Volume by Application (2020-2025) & (K Units)
 Table 13. Global Electric Power Steering System (EPS) Sales Volume by Application (2026-2031) & (K Units)
 Table 14. Global Electric Power Steering System (EPS) Revenue by Application (2020-2025) & (US$ Million)
 Table 15. Global Electric Power Steering System (EPS) Revenue by Application (2026-2031) & (US$ Million)
 Table 16. Global Electric Power Steering System (EPS) Sales by Manufacturer (2020-2025) & (K Units)
 Table 17. Global Electric Power Steering System (EPS) Sales Share by Manufacturer (2020-2025)
 Table 18. Electric Power Steering System (EPS) Revenue by Manufacturer (2020-2025) & (US$ Million)
 Table 19. Electric Power Steering System (EPS) Revenue Share by Manufacturer (2020-2025)
 Table 20. Key Manufacturers Electric Power Steering System (EPS) Price (2020-2025) & (USD/Unit)
 Table 21. Ranking of Global Top Electric Power Steering System (EPS) Manufacturers by Revenue (US$ Million) in 2024
 Table 22. Global Electric Power Steering System (EPS) Manufacturers Market Concentration Ratio (CR5 and HHI) & (2020-2025)
 Table 23. Global Electric Power Steering System (EPS) by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Power Steering System (EPS) as of 2024)
 Table 24. Electric Power Steering System (EPS) Manufacturers Manufacturing Base Distribution and Headquarters
 Table 25. Date of International Manufacturers Enter into Electric Power Steering System (EPS) Market
 Table 26. Manufacturers Electric Power Steering System (EPS) Product Type and Application
 Table 27. Manufacturers Mergers & Acquisitions, Expansion Plans
 Table 28. JTEKT Company Information
 Table 29. JTEKT Description and Business Overview
 Table 30. JTEKT Electric Power Steering System (EPS) Product
 Table 31. JTEKT Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 32. JTEKT Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 33. JTEKT Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 34. JTEKT Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 35. JTEKT Recent Developments
 Table 36. Bosch Company Information
 Table 37. Bosch Description and Business Overview
 Table 38. Bosch Electric Power Steering System (EPS) Product
 Table 39. Bosch Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 40. Bosch Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 41. Bosch Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 42. Bosch Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 43. Bosch Recent Developments
 Table 44. Nexteer Company Information
 Table 45. Nexteer Description and Business Overview
 Table 46. Nexteer Electric Power Steering System (EPS) Product
 Table 47. Nexteer Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 48. Nexteer Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 49. Nexteer Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 50. Nexteer Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 51. Nexteer Recent Developments
 Table 52. ZF Company Information
 Table 53. ZF Description and Business Overview
 Table 54. ZF Electric Power Steering System (EPS) Product
 Table 55. ZF Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 56. ZF Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 57. ZF Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 58. ZF Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 59. ZF Recent Developments
 Table 60. NSK Company Information
 Table 61. NSK Description and Business Overview
 Table 62. NSK Electric Power Steering System (EPS) Product
 Table 63. NSK Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 64. NSK Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 65. NSK Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 66. NSK Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 67. NSK Recent Developments
 Table 68. Hitachi Astemo (Showa) Company Information
 Table 69. Hitachi Astemo (Showa) Description and Business Overview
 Table 70. Hitachi Astemo (Showa) Electric Power Steering System (EPS) Product
 Table 71. Hitachi Astemo (Showa) Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 72. Hitachi Astemo (Showa) Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 73. Hitachi Astemo (Showa) Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 74. Hitachi Astemo (Showa) Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 75. Hitachi Astemo (Showa) Recent Developments
 Table 76. Hyundai Mobis Company Information
 Table 77. Hyundai Mobis Description and Business Overview
 Table 78. Hyundai Mobis Electric Power Steering System (EPS) Product
 Table 79. Hyundai Mobis Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 80. Hyundai Mobis Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 81. Hyundai Mobis Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 82. Hyundai Mobis Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 83. Hyundai Mobis Recent Developments
 Table 84. Thyssenkrupp Company Information
 Table 85. Thyssenkrupp Description and Business Overview
 Table 86. Thyssenkrupp Electric Power Steering System (EPS) Product
 Table 87. Thyssenkrupp Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 88. Thyssenkrupp Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 89. Thyssenkrupp Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 90. Thyssenkrupp Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 91. Thyssenkrupp Recent Developments
 Table 92. Mando Company Information
 Table 93. Mando Description and Business Overview
 Table 94. Mando Electric Power Steering System (EPS) Product
 Table 95. Mando Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 96. Mando Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 97. Mando Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 98. Mando Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 99. Mando Recent Developments
 Table 100. CAAS Company Information
 Table 101. CAAS Description and Business Overview
 Table 102. CAAS Electric Power Steering System (EPS) Product
 Table 103. CAAS Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 104. CAAS Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 105. CAAS Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 106. CAAS Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 107. CAAS Recent Developments
 Table 108. Zhuzhou Elite Company Information
 Table 109. Zhuzhou Elite Description and Business Overview
 Table 110. Zhuzhou Elite Electric Power Steering System (EPS) Product
 Table 111. Zhuzhou Elite Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 112. Zhuzhou Elite Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 113. Zhuzhou Elite Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 114. Zhuzhou Elite Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 115. Zhuzhou Elite Recent Developments
 Table 116. Yubei Company Information
 Table 117. Yubei Description and Business Overview
 Table 118. Yubei Electric Power Steering System (EPS) Product
 Table 119. Yubei Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 120. Yubei Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 121. Yubei Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 122. Yubei Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 123. Yubei Recent Developments
 Table 124. Zhejiang Shibao Company Information
 Table 125. Zhejiang Shibao Description and Business Overview
 Table 126. Zhejiang Shibao Electric Power Steering System (EPS) Product
 Table 127. Zhejiang Shibao Electric Power Steering System (EPS) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 128. Zhejiang Shibao Sales Proportion of Electric Power Steering System (EPS) by Product in 2024
 Table 129. Zhejiang Shibao Sales Proportion of Electric Power Steering System (EPS) by Application in 2024
 Table 130. Zhejiang Shibao Sales Proportion of Electric Power Steering System (EPS) by Geographic Area in 2024
 Table 131. Zhejiang Shibao Recent Developments
 Table 132. North America Electric Power Steering System (EPS) Sales by Country (2020-2025) & (K Units)
 Table 133. North America Electric Power Steering System (EPS) Sales by Country (2026-2031) & (K Units)
 Table 134. North America Electric Power Steering System (EPS) Revenue by Country (2020-2025) & (US$ Million)
 Table 135. North America Electric Power Steering System (EPS) Revenue by Country (2026-2031) & (US$ Million)
 Table 136. North America Electric Power Steering System (EPS) Sales by Type (2020-2025) & (K Units)
 Table 137. North America Electric Power Steering System (EPS) Sales by Application (2020-2025) & (K Units)
 Table 138. Asia-Pacific Electric Power Steering System (EPS) Sales by Region (2020-2025) & (K Units)
 Table 139. Asia-Pacific Electric Power Steering System (EPS) Sales by Region (2026-2031) & (K Units)
 Table 140. Asia-Pacific Electric Power Steering System (EPS) Revenue by Region (2020-2025) & (US$ Million)
 Table 141. Asia-Pacific Electric Power Steering System (EPS) Revenue by Region (2026-2031) & (US$ Million)
 Table 142. Asia-Pacific Electric Power Steering System (EPS) Sales by Type (2020-2025) & (K Units)
 Table 143. Asia-Pacific Electric Power Steering System (EPS) Sales by Application (2020-2025) & (K Units)
 Table 144. Europe Electric Power Steering System (EPS) Sales by Country (2020-2025) & (K Units)
 Table 145. Europe Electric Power Steering System (EPS) Sales by Country (2026-2031) & (K Units)
 Table 146. Europe Electric Power Steering System (EPS) Revenue by Country (2020-2025) & (US$ Million)
 Table 147. Europe Electric Power Steering System (EPS) Revenue by Country (2026-2031) & (US$ Million)
 Table 148. Europe Electric Power Steering System (EPS) Sales by Type (2020-2025) & (K Units)
 Table 149. Europe Electric Power Steering System (EPS) Sales by Application (2020-2025) & (K Units)
 Table 150. Latin America Electric Power Steering System (EPS) Sales by Country (2020-2025) & (K Units)
 Table 151. Latin America Electric Power Steering System (EPS) Sales by Country (2026-2031) & (K Units)
 Table 152. Latin America Electric Power Steering System (EPS) Revenue by Country (2020-2025) & (US$ Million)
 Table 153. Latin America Electric Power Steering System (EPS) Revenue by Country (2026-2031) & (US$ Million)
 Table 154. Latin America Electric Power Steering System (EPS) Sales by Type (2020-2025) & (K Units)
 Table 155. Latin America Electric Power Steering System (EPS) Sales by Application (2020-2025) & (K Units)
 Table 156. Middle East and Africa Electric Power Steering System (EPS) Sales by Country (2020-2025) & (K Units)
 Table 157. Middle East and Africa Electric Power Steering System (EPS) Sales by Country (2026-2031) & (K Units)
 Table 158. Middle East and Africa Electric Power Steering System (EPS) Revenue by Country (2020-2025) & (US$ Million)
 Table 159. Middle East and Africa Electric Power Steering System (EPS) Revenue by Country (2026-2031) & (US$ Million)
 Table 160. Middle East and Africa Electric Power Steering System (EPS) Sales by Type (2020-2025) & (K Units)
 Table 161. Middle East and Africa Electric Power Steering System (EPS) Sales by Application (2020-2025) & (K Units)
 Table 162. Electric Power Steering System (EPS) Key Raw Materials, Industry Status and Trend
 Table 163. Electric Power Steering System (EPS) Key Raw Materials and Upstream Suppliers
 Table 164. Electric Power Steering System (EPS) Clients Status and Trend
 Table 165. Electric Power Steering System (EPS) Typical Clients
 Table 166. Electric Power Steering System (EPS) Distributors
 Table 167. Electric Power Steering System (EPS) Market Trends
 Table 168. Electric Power Steering System (EPS) Market Drivers
 Table 169. Electric Power Steering System (EPS) Market Challenges
 Table 170. Electric Power Steering System (EPS) Market Restraints
 Table 171. Research Programs/Design for This Report
 Table 172. Key Data Information from Secondary Sources
 Table 173. Key Data Information from Primary Sources
 Table 174. QYR Business Unit and Senior & Team Lead Analysts


List of Figures
 Figure 1. Electric Power Steering System (EPS) Product Picture
 Figure 2. Global Electric Power Steering System (EPS) Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
 Figure 3. Global Electric Power Steering System (EPS) Sales Market Share by Type in 2024 & 2031
 Figure 4. C-EPS Product Picture
 Figure 5. P-EPS Product Picture
 Figure 6. DP-EPS Product Picture
 Figure 7. R-EPS Product Picture
 Figure 8. Global Electric Power Steering System (EPS) Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
 Figure 9. Global Electric Power Steering System (EPS) Sales Market Share by Application in 2024 & 2031
 Figure 10. Passenger Car
 Figure 11. Commercial Vehicle
 Figure 12. Electric Power Steering System (EPS) Report Years Considered
 Figure 13. Global Electric Power Steering System (EPS) Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Electric Power Steering System (EPS) Market Size 2020-2031 (US$ Million)
 Figure 15. Global Electric Power Steering System (EPS) Sales 2020-2031 (K Units)
 Figure 16. Global Electric Power Steering System (EPS) Sales Market Share Forecast by Region (2020-2031)
 Figure 17. Global Electric Power Steering System (EPS) Revenue Market Share by Region (2020-2031)
 Figure 18. Global Electric Power Steering System (EPS) Sales Market Share Forecast by Type (2020-2031)
 Figure 19. Global Electric Power Steering System (EPS) Revenue Market Share Forecast by Type (2020-2031)
 Figure 20. Electric Power Steering System (EPS) Average Selling Price (ASP) by Type (2020-2025) & (USD/Unit)
 Figure 21. Global Electric Power Steering System (EPS) Sales Market Share Forecast by Application (2020-2031)
 Figure 22. Global Electric Power Steering System (EPS) Revenue Market Share Forecast by Application (2020-2031)
 Figure 23. Electric Power Steering System (EPS) Average Selling Price (ASP) by Application (2020-2025) & (USD/Unit)
 Figure 24. C-EPS of Electric Power Steering System (EPS) Revenue Market Share by Application, 2024 VS 2031
 Figure 25. P-EPS of Electric Power Steering System (EPS) Revenue Market Share by Application, 2024 VS 2031
 Figure 26. DP-EPS of Electric Power Steering System (EPS) Revenue Market Share by Application, 2024 VS 2031
 Figure 27. R-EPS of Electric Power Steering System (EPS) Revenue Market Share by Application, 2024 VS 2031
 Figure 28. Global Electric Power Steering System (EPS) Sales Share by Manufacturer in 2024
 Figure 29. Electric Power Steering System (EPS) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 30. C-EPS Market Sales Proportion by Manufacturer in 2024
 Figure 31. P-EPS Market Sales Proportion by Manufacturer in 2024
 Figure 32. DP-EPS Market Sales Proportion by Manufacturer in 2024
 Figure 33. R-EPS Market Sales Proportion by Manufacturer in 2024
 Figure 34. North America Electric Power Steering System (EPS) Revenue 2020-2031 (US$ Million)
 Figure 35. North America Electric Power Steering System (EPS) Sales Market Share by Type (2020-2025)
 Figure 36. North America Electric Power Steering System (EPS) Sales Market Share by Application (2020-2025)
 Figure 37. Asia-Pacific Electric Power Steering System (EPS) Revenue 2020-2031 (US$ Million)
 Figure 38. Asia-Pacific Electric Power Steering System (EPS) Sales Market Share by Region (2020-2031)
 Figure 39. Asia-Pacific Electric Power Steering System (EPS) Revenue Market Share by Region (2020-2031)
 Figure 40. Asia-Pacific Electric Power Steering System (EPS) Sales Market Share by Type (2020-2025)
 Figure 41. Asia-Pacific Electric Power Steering System (EPS) Sales Market Share by Application (2020-2025)
 Figure 42. Europe Electric Power Steering System (EPS) Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 43. Europe Electric Power Steering System (EPS) Sales Market Share by Country (2020-2031)
 Figure 44. Europe Electric Power Steering System (EPS) Revenue Market Share by Country (2020-2031)
 Figure 45. Europe Electric Power Steering System (EPS) Sales Market Share by Type (2020-2025)
 Figure 46. Europe Electric Power Steering System (EPS) Sales Market Share by Application (2020-2025)
 Figure 47. Latin America Electric Power Steering System (EPS) Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 48. Latin America Electric Power Steering System (EPS) Sales Market Share by Country (2020-2031)
 Figure 49. Latin America Electric Power Steering System (EPS) Revenue Market Share by Country (2020-2025)
 Figure 50. Latin America Electric Power Steering System (EPS) Sales Market Share by Type (2020-2025)
 Figure 51. Latin America Electric Power Steering System (EPS) Sales Market Share by Application (2020-2025)
 Figure 52. Middle East and Africa Electric Power Steering System (EPS) Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 53. Middle East and Africa Electric Power Steering System (EPS) Sales Market Share by Country (2020-2031)
 Figure 54. Middle East and Africa Electric Power Steering System (EPS) Revenue Market Share by Country (2020-2031)
 Figure 55. Middle East and Africa Electric Power Steering System (EPS) Sales Market Share by Type (2020-2025)
 Figure 56. Middle East and Africa Electric Power Steering System (EPS) Sales Market Share by Application (2020-2025)
 Figure 57. Electric Power Steering System (EPS) Supply Chain (Upstream and Downstream Market)
 Figure 58. Global Production Market Share of Electric Power Steering System (EPS) Raw Materials by Region in 2024
 Figure 59. Electric Power Steering System (EPS) Distribution Channels
 Figure 60. Global Electric Power Steering System (EPS) Percentage 2020-2031: Indirect Sales VS Direct Sales
 Figure 61. Global Electric Power Steering System (EPS) Percentage 2020-2031: Online Sales VS Offline Sales
 Figure 62. Bottom-up and Top-down Approaches for This Report
 Figure 63. Data Triangulation
 Figure 64. Key Executives Interviewed
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