Industry: Automobile & Transportation
Published Date: 2026-01-05
Pages: 105 Pages
Report ld: 5503494
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Electric Power Steering Motor Market Size(US$)

CAGR 2026-2032
2.1%
Market Size,2032
USD 2,971
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Electric Power Steering Motor was estimated to be worth US$ 2574 million in 2025 and is projected to reach US$ 2971 million, growing at a CAGR of 2.1% from 2026 to 2032.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Electric Power Steering Motor cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In motor vehicles, a power steering system helps drivers steer the vehicle by augmenting steering effort needed to turn the steering wheel, making it easier for the vehicle to turn or maneuver. Electric power steering systems use electric motors to provide the assistance instead of hydraulic systems. As with hydraulic types, power to the actuator (motor, in this case) is controlled by the rest of the power steering system. Electric power steering motor is a key component for Electric power steering system (EPS).
Global Electric Power Steering Motor key players include Nidec, Bosch, Mitsubishi Electric, etc. Global top 3 manufacturers hold a share over 65%.
Asia-Pacific is the largest market, with a share about 49%, followed by Americas, and Europe, both have a share about 48 percent.
In terms of product, CEPS Motor is the largest segment, with a share over 53%. And in terms of application, the largest application is Passenger Car.
This report provides a comprehensive view of the global market for Electric Power Steering Motor, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Electric Power Steering Motor market size, estimations, and forecasts are presented in terms of sales volume (K Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Electric Power Steering Motor.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Electric Power Steering Motor manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Electric Power Steering Motor sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Electric Power Steering Motor sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Electric Power Steering Motor Product Introduction
1.2 Global Electric Power Steering Motor Market Size Forecast
1.2.1 Global Electric Power Steering Motor Sales Value (2021–2032)
1.2.2 Global Electric Power Steering Motor Sales Volume (2021–2032)
1.2.3 Global Electric Power Steering Motor Sales Price (2021–2032)
1.3 Electric Power Steering Motor Market Trends & Drivers
1.3.1 Electric Power Steering Motor Industry Trends
1.3.2 Electric Power Steering Motor Market Drivers & Opportunities
1.3.3 Electric Power Steering Motor Market Challenges
1.3.4 Electric Power Steering Motor Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electric Power Steering Motor Players Revenue Ranking (2025)
2.2 Global Electric Power Steering Motor Revenue by Company (2021–2026)
2.3 Global Electric Power Steering Motor Sales Volume Ranking of Players (2025)
2.4 Global Electric Power Steering Motor Sales Volume by Company (2021–2026)
2.5 Global Electric Power Steering Motor Average Price by Company (2021–2026)
2.6 Key Manufacturers Electric Power Steering Motor Manufacturing Base and Headquarters
2.7 Key Manufacturers Electric Power Steering Motor Product Offerings
2.8 Key Manufacturers Start of Mass Production of Electric Power Steering Motor
2.9 Electric Power Steering Motor Market Competitive Analysis
2.9.1 Electric Power Steering Motor Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Electric Power Steering Motor Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Electric Power Steering Motor revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Electric Power Steering Motor Market Classification
3.1 Introduction by Type
3.1.1 CEPS Motor
3.1.2 REPS Motor
3.1.3 PEPS Motor
3.1.4 EHPS Motor
3.1.5 Global Electric Power Steering Motor Sales Value by Type
3.1.5.1 Global Electric Power Steering Motor Sales Value by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Electric Power Steering Motor Sales Value, by Type (2021–2032)
3.1.5.3 Global Electric Power Steering Motor Sales Value, by Type (%), 2021–2032
3.1.6 Global Electric Power Steering Motor Sales Volume by Type
3.1.6.1 Global Electric Power Steering Motor Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.6.2 Global Electric Power Steering Motor Sales Volume, by Type (2021–2032)
3.1.6.3 Global Electric Power Steering Motor Sales Volume, by Type (%), 2021–2032
3.1.7 Global Electric Power Steering Motor Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicle
4.2 Global Electric Power Steering Motor Sales Value by Application
4.2.1 Global Electric Power Steering Motor Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Electric Power Steering Motor Sales Value, by Application (2021–2032)
4.2.3 Global Electric Power Steering Motor Sales Value, by Application (%), 2021–2032
4.3 Global Electric Power Steering Motor Sales Volume by Application
4.3.1 Global Electric Power Steering Motor Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Electric Power Steering Motor Sales Volume, by Application (2021–2032)
4.3.3 Global Electric Power Steering Motor Sales Volume, by Application (%), 2021–2032
4.4 Global Electric Power Steering Motor Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Electric Power Steering Motor Sales Value by Region
5.1.1 Global Electric Power Steering Motor Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Electric Power Steering Motor Sales Value by Region (2021–2026)
5.1.3 Global Electric Power Steering Motor Sales Value by Region (2027–2032)
5.1.4 Global Electric Power Steering Motor Sales Value by Region (%), 2021–2032
5.2 Global Electric Power Steering Motor Sales Volume by Region
5.2.1 Global Electric Power Steering Motor Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Electric Power Steering Motor Sales Volume by Region (2021–2026)
5.2.3 Global Electric Power Steering Motor Sales Volume by Region (2027–2032)
5.2.4 Global Electric Power Steering Motor Sales Volume by Region (%), 2021–2032
5.3 Global Electric Power Steering Motor Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Electric Power Steering Motor Sales Value, 2021–2032
5.4.2 North America Electric Power Steering Motor Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Electric Power Steering Motor Sales Value, 2021–2032
5.5.2 Europe Electric Power Steering Motor Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Electric Power Steering Motor Sales Value, 2021–2032
5.6.2 Asia Pacific Electric Power Steering Motor Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Electric Power Steering Motor Sales Value, 2021–2032
5.7.2 South America Electric Power Steering Motor Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electric Power Steering Motor Sales Value, 2021–2032
5.8.2 Middle East & Africa Electric Power Steering Motor Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electric Power Steering Motor Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Electric Power Steering Motor Sales Value and Sales Volume
6.2.1 Key Countries/Regions Electric Power Steering Motor Sales Value, 2021–2032
6.2.2 Key Countries/Regions Electric Power Steering Motor Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Electric Power Steering Motor Sales Value, 2021–2032
6.3.2 United States Electric Power Steering Motor Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Electric Power Steering Motor Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Electric Power Steering Motor Sales Value, 2021–2032
6.4.2 Europe Electric Power Steering Motor Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Electric Power Steering Motor Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Electric Power Steering Motor Sales Value, 2021–2032
6.5.2 China Electric Power Steering Motor Sales Value by Type (%), 2025 vs 2032
6.5.3 China Electric Power Steering Motor Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Electric Power Steering Motor Sales Value, 2021–2032
6.6.2 Japan Electric Power Steering Motor Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Electric Power Steering Motor Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Electric Power Steering Motor Sales Value, 2021–2032
6.7.2 South Korea Electric Power Steering Motor Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Electric Power Steering Motor Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Electric Power Steering Motor Sales Value, 2021–2032
6.8.2 Southeast Asia Electric Power Steering Motor Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Electric Power Steering Motor Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Electric Power Steering Motor Sales Value, 2021–2032
6.9.2 India Electric Power Steering Motor Sales Value by Type (%), 2025 vs 2032
6.9.3 India Electric Power Steering Motor Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Nidec
7.1.1 Nidec Company Information
7.1.2 Nidec Introduction and Business Overview
7.1.3 Nidec Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Nidec Electric Power Steering Motor Product Offerings
7.1.5 Nidec Recent Developments
7.2 Bosch
7.2.1 Bosch Company Information
7.2.2 Bosch Introduction and Business Overview
7.2.3 Bosch Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 Bosch Electric Power Steering Motor Product Offerings
7.2.5 Bosch Recent Developments
7.3 Mitsubishi Electric
7.3.1 Mitsubishi Electric Company Information
7.3.2 Mitsubishi Electric Introduction and Business Overview
7.3.3 Mitsubishi Electric Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Mitsubishi Electric Electric Power Steering Motor Product Offerings
7.3.5 Mitsubishi Electric Recent Developments
7.4 Denso
7.4.1 Denso Company Information
7.4.2 Denso Introduction and Business Overview
7.4.3 Denso Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Denso Electric Power Steering Motor Product Offerings
7.4.5 Denso Recent Developments
7.5 ZF
7.5.1 ZF Company Information
7.5.2 ZF Introduction and Business Overview
7.5.3 ZF Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 ZF Electric Power Steering Motor Product Offerings
7.5.5 ZF Recent Developments
7.6 LG Innotek
7.6.1 LG Innotek Company Information
7.6.2 LG Innotek Introduction and Business Overview
7.6.3 LG Innotek Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 LG Innotek Electric Power Steering Motor Product Offerings
7.6.5 LG Innotek Recent Developments
7.7 Mitsuba
7.7.1 Mitsuba Company Information
7.7.2 Mitsuba Introduction and Business Overview
7.7.3 Mitsuba Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Mitsuba Electric Power Steering Motor Product Offerings
7.7.5 Mitsuba Recent Developments
7.8 Mahle
7.8.1 Mahle Company Information
7.8.2 Mahle Introduction and Business Overview
7.8.3 Mahle Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Mahle Electric Power Steering Motor Product Offerings
7.8.5 Mahle Recent Developments
7.9 Elite
7.9.1 Elite Company Information
7.9.2 Elite Introduction and Business Overview
7.9.3 Elite Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 Elite Electric Power Steering Motor Product Offerings
7.9.5 Elite Recent Developments
7.10 Dare Auto
7.10.1 Dare Auto Company Information
7.10.2 Dare Auto Introduction and Business Overview
7.10.3 Dare Auto Electric Power Steering Motor Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Dare Auto Electric Power Steering Motor Product Offerings
7.10.5 Dare Auto Recent Developments
8 Industry Chain Analysis
8.1 Electric Power Steering Motor Industrial Chain
8.2 Electric Power Steering Motor Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Electric Power Steering Motor Sales Model
8.5.2 Sales Channels
8.5.3 Electric Power Steering Motor Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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