Automotive Electric Power Steering Market Forecast 2025-2035: How Fuel Efficiency and ADAS Integration Are Driving EPS Adoption

The global automotive electric power steering market is experiencing significant growth, driven by the increasing demand for fuel-efficient and advanced steering systems. According to Market Research Future, the Automotive Electric Power Steering market was valued at USD 26.5 billion in 2025 and is projected to reach USD 51.8 billion by 2035, exhibiting a compound annual growth rate of 6.9%. This growth is fueled by the rising adoption of EPS systems that offer improved fuel efficiency, reduced weight, and enhanced steering feel compared to traditional hydraulic systems. The market is witnessing a shift towards column-mounted and rack-mounted EPS systems that offer improved packaging and performance. The integration of EPS with advanced driver assistance systems is enabling features such as lane-keeping assist and automated parking. As the automotive industry continues to prioritize efficiency and automation, the electric power steering market will remain a critical component of vehicle dynamics.

The competitive landscape of the automotive electric power steering market includes major players such as Bosch, JTEKT, and Nexteer Automotive. The market is currently experiencing a dynamic phase characterized by technological innovation and evolving consumer expectations. The shift towards electric vehicles is a key trend, with EPS systems being essential for energy-efficient steering in EVs. The focus on safety is driving the adoption of EPS systems with improved responsiveness and redundancy for autonomous driving. The aftermarket segment is witnessing growth, driven by the increasing number of vehicles equipped with EPS and the need for replacement components. As the automotive industry continues to prioritize efficiency and automation, automotive electric power steering will remain a vital component of vehicle dynamics.

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