전동 파워 스티어링 시장 규모, 점유율, 성장 분석 : 구성부품별, 전동 모터별, 전기자동차별, EV기어 유형별, 유형별, 지역별 - 업계 예측(2026-2033년)

Electric Power Steering Market size was valued at USD 28.62 Billion in 2024 and is poised to grow from USD 30.22 Billion in 2025 to USD 46.73 Billion by 2033, growing at a CAGR of 5.6% during the forecast period (2026-2033).

Market insights into electric power steering reveal that the increasing focus on sustainability and the demand for fuel-efficient vehicles are significant drivers of market growth. The surge in electric and hybrid vehicle sales further contributes to this trend. Additionally, heightened vehicle safety concerns and stringent regulatory standards present new opportunities for electric power steering manufacturers. Consumer preferences for enhanced driving experiences and comfort continue to promote the adoption of these systems. The integration of steer-by-wire technology in various electric and hybrid models is anticipated to foster further market advancement. However, challenges such as limited steering feedback, difficulties in aftermarket and retrofit installations, along with high development costs and complexity, pose significant hurdles to widespread electric power steering adoption.

Top-down and bottom-up approaches were used to estimate and validate the size of the Electric Power Steering market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Electric Power Steering Market Segments Analysis

Global Electric Power Steering Market is segmented by Components, Electric Motor, Electric Vehicle, EV Gear Type, Type, Mechanism, Vehicle Type and region. Based on Components, the market is segmented into Steering column, Sensors, Steering gear, Mechanical rack and pinion, Electronic control unit, Electric motor and Bearing. Based on Electric Motor, the market is segmented into Brush motor and Brushless motor. Based on Electric Vehicle, the market is segmented into BEV, PHEV and FCEV. Based on EV Gear Type, the market is segmented into Worm Gear and Ball Screw. Based on Type, the market is segmented into Rack assist type (REPS), Colum assist type (CEPS) and Pinion assist type (PEPS). Based on Mechanism, the market is segmented into Rigid and Collapsible. Based on Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicles, Heavy Commercial Vehicles and Buses & Coaches. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Electric Power Steering Market

The growing demand for a comfortable driving experience from consumers globally is a significant factor driving the adoption of electric power steering systems in the automotive industry. Manufacturers are increasingly promoting these systems due to their ability to provide enhanced steering responsiveness and smoother handling. As vehicle owners recognize the benefits of electric power steering, such as improved maneuverability and reduced driver fatigue, these systems are becoming a favored option. This shift towards electric power steering not only enhances overall vehicle performance but also contributes to the expansion and development potential of the market in the automotive sector.

Restraints in the Electric Power Steering Market

Despite the advanced comfort and convenience provided by electric power steering systems, they tend to fall short in delivering the tactile feedback that traditional steering systems provide. This deficiency can lead to a diminished sense of vehicle control and connection to the road, particularly detrimental in high-performance driving scenarios. As a result, the insufficient steering feedback may hinder the appeal of electric power steering systems, potentially impacting their market growth and adoption rates. The desire for a more engaging driving experience may drive consumers to prefer conventional systems, highlighting a significant constraint on the future demand for electric power steering technologies.

Market Trends of the Electric Power Steering Market

The Electric Power Steering market is witnessing a notable trend towards the integration of steer-by-wire technology, which is revolutionizing vehicle control systems. This innovation enables complete electronic steering management, facilitating enhanced flexibility and customization of steering responses. As manufacturers increasingly prioritize weight reduction and improved driving dynamics, especially in the realms of autonomous and electric vehicles, steer-by-wire is becoming an essential component of modern automotive design. Companies in the electric power steering sector are focusing on investments in this technology to remain competitive, aiming to meet the rising consumer demand for advanced, responsive, and energy-efficient steering solutions.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technology Analysis

Global Electric Power Steering Market Size by Components & CAGR (2026-2033)

• Market Overview
• Steering column
• Sensors
• Steering gear
• Mechanical rack and pinion
• Electronic control unit
• Electric motor
• Bearing

Global Electric Power Steering Market Size by Electric Motor & CAGR (2026-2033)

• Market Overview
• Brush motor
• Brushless motor

Global Electric Power Steering Market Size by Electric Vehicle & CAGR (2026-2033)

• Market Overview
• BEV
• PHEV
• FCEV

Global Electric Power Steering Market Size by EV Gear Type & CAGR (2026-2033)

• Market Overview
• Worm Gear
• Ball Screw

Global Electric Power Steering Market Size by Type & CAGR (2026-2033)

• Market Overview
• Rack assist type (REPS)
• Colum assist type (CEPS)
• Pinion assist type (PEPS)

Global Electric Power Steering Market Size by Mechanism & CAGR (2026-2033)

• Market Overview
• Rigid
• Collapsible

Global Electric Power Steering Market Size by Vehicle Type & CAGR (2026-2033)

• Market Overview
• Passenger Car
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Buses & Coaches

Global Electric Power Steering Market Size & CAGR (2026-2033)

• North America (Components, Electric Motor, Electric Vehicle, EV Gear Type, Type, Mechanism, Vehicle Type)
  • US
  • Canada
• Europe (Components, Electric Motor, Electric Vehicle, EV Gear Type, Type, Mechanism, Vehicle Type)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Components, Electric Motor, Electric Vehicle, EV Gear Type, Type, Mechanism, Vehicle Type)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Components, Electric Motor, Electric Vehicle, EV Gear Type, Type, Mechanism, Vehicle Type)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Components, Electric Motor, Electric Vehicle, EV Gear Type, Type, Mechanism, Vehicle Type)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• JTEKT Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nexteer Automotive (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NSK Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Electric Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hyundai Mobis Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thyssenkrupp AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hitachi Astemo, Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Robert Bosch GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ZF Friedrichshafen AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Delphi Technologies (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tenneco Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GKN Automotive (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mando Corporation (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SHOWA Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DENSO Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Johnson Electric Holdings Limited (Hong Kong)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• FZB (Fujian Zhenyun Auto Parts Co., Ltd.) (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China Automotive Systems, Inc. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KYB Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BorgWarner Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations