Automotive Electric Power Steering Market Size, Share & Industry Analysis, By Vehicle Type (Hatchback, Sedan, SUVs, LCVs, and HCVs), By Vehicle Propulsion (ICE, HEV, PHEV, and BEV), By Steering Architecture (Column-Assist EPS (CEPS), Pinion-Assist EPS (P-EPS), Rack-Assist EPS (R-EPS), and Steer-by-Wire (SbW)), By Component (Motor, ECU/Controller, Sensors, Rack/Column Mechanical Assembly, and Software & Calibration) and Regional Forecast, 2025-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI105808

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ATTRIBUTE	DETAIL
Study Period	2019-2032
Base Year	2024
Estimated Year	2025
Forecast Period	2025-2032
Historical Period	2019-2023
Growth Rate	CAGR of 5.4% from 2025-2032
Unit	Value (USD Billion)
Segmentation	By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Region
By Vehicle Type	Hatchback Sedan SUVs LCVs HCVs
By Vehicle Propulsion	ICE HEV PHEV BEV
By Steering Architecture	Column-Assist EPS (CEPS) Pinion-Assist EPS (P-EPS) Rack-Assist EPS (R-EPS) Steer-by-Wire (SbW)
By Component	Motor ECU/Controller Sensors Rack/Column Mechanical Assembly Software & Calibration
By Geography	North America (By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Country) U.S. Canada Mexico Europe (By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Country) Germany U.K. France Rest of Europe Asia Pacific (By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Country) China Japan India South Korea Rest of Asia Pacific Rest of the World (By Vehicle Type, By Vehicle Propulsion, By Steering Architecture, By Component, and Sub-region) South America The Middle East Africa