Electric Power Steering Motors Market Projected to Hit USD 13.7 Billion by 2036

0
5

The global Electric Power Steering Motors Market is estimated to reach USD 6.1 billion in 2026 and is forecast to climb to USD 13.7 billion by 2036, expanding at a CAGR of 8.5%, according to Fact.MR. The market was valued at USD 5.6 billion in 2025.

The forecast adds approximately USD 8.1 billion in market value over the ten-year period. Why now? Fact.MR attributes the expansion to the replacement of hydraulic steering systems, rising electric and hybrid vehicle penetration, and greater integration of advanced driver assistance systems requiring precise, electronically controlled steering actuation.

Get detailed market forecasts, competitive benchmarking, and pricing trends: https://www.factmr.com/connectus/sample?flag=S&rep_id=14418

Vehicle Electrification Changes EPS Motor Demand

Electric power steering motors provide electronically controlled torque support based on steering input, vehicle speed, and control unit signals. The technology reduces engine load compared with hydraulic steering assistance and supports functions including lane keeping and parking assistance.

Early growth in the forecast period is expected to come from passenger car electrification and increasing EPS penetration across compact and mid-size vehicles. Fact.MR expects wider EPS deployment in light commercial vehicles and increased adoption of higher-power motors for SUVs and crossovers during the middle of the forecast period.

Later growth is increasingly associated with steer-by-wire readiness and integration with autonomous driving architectures. According to the Fact.MR assessment, greater motor complexity and higher unit pricing can support market value growth even as mechanical steering content stabilizes.

“CXOs will find this report useful for understanding how OEM platform strategies, regulatory efficiency targets, and integration of EPS with advanced driver assistance systems are shaping long-term demand for electric power steering motors,” said Shambhu Nath Jha, Principal Consultant at Fact.MR.

Fact.MR is a market research and consulting organization that provides analysis and forecasts across industries and business sectors.

Passenger Cars Hold 50% Share

Passenger cars are estimated to account for approximately 50% of global electric power steering motor demand, according to Fact.MR. High vehicle production volumes and widespread replacement of hydraulic steering systems support this position across compact, mid-size, and premium platforms.

AC electric power steering motors account for roughly 60% of market demand. Fact.MR links their position to efficiency, precise torque control, thermal management, and suitability for continuous operation under variable steering loads.

This 60% share is a notable indicator for suppliers. As steering systems become more closely connected with vehicle electronic architectures, AC motor platforms are positioned around OEM requirements for durability and integration with electronic control systems.

“The story isn't just about more vehicles on the road. Motor requirements are changing as OEM platforms bring steering closer to ADAS and future steer-by-wire architectures,” the Fact.MR assessment indicates.

China and India Lead Country-Level Growth

China is projected to record the fastest growth among the countries highlighted in the Fact.MR analysis, with demand forecast to expand at an 11.5% CAGR through 2036. High EV production volumes and rapid EPS standardization support the country's outlook.

India follows with a projected CAGR of 10.6%, supported by regulatory efficiency mandates and compact vehicle electrification. Germany is forecast to grow at 9.8%, aligned with premium vehicle platforms and steering system innovation.

Brazil is projected to expand at 8.9% as EPS penetration extends beyond entry-level models. The United States is forecast to grow at 8.1%, supported by ADAS-driven steering upgrades.

The United Kingdom is projected to record a 7.2% CAGR, while Japan is forecast at 6.4%. Fact.MR describes both as comparatively mature markets with high existing EPS penetration and longer vehicle platform cycles.

Competitive Focus Shifts Toward Integration

The competitive environment includes Bosch, MITSUBA, FZB, Nidec, Johnson Electric, MAHLE Group, Toshiba, JTEKT, Hitachi, General Ricambi, and LG Innotek.

According to Fact.MR, validated torque performance, system integration, and OEM alignment are important factors shaping competition. Higher-torque and electronically integrated steering applications are also influencing product development.

Recent developments underline this shift. Robert Bosch GmbH showcased a next-generation steer-by-wire system at CES in January 2026 using high-torque redundant motors designed to eliminate mechanical linkages. The development followed a USD 117 million investment in Bosch's Hungary plant to scale global EPS motor production.

ZF Group also introduced its “Chassis 2.0” concept at IAA Mobility in September 2025. Fact.MR's supplied information describes the concept as integrating AI-driven EPS motors with cubiX software to coordinate vehicle motion across six degrees of freedom for software-defined vehicles.

Outlook Through 2036

The Electric Power Steering Motors Market is forecast to move from USD 6.1 billion in 2026 to USD 13.7 billion by 2036. The 8.5% CAGR reflects continued technology substitution as automotive manufacturers transition from hydraulic systems toward electronically controlled steering.

Passenger cars and AC motors currently represent the largest highlighted segments, accounting for approximately 50% and 60% of demand, respectively. China and India lead the country growth outlook at 11.5% and 10.6% CAGR.

For manufacturers and automotive suppliers, the forecast points toward increasing importance of motor compatibility with ADAS, higher torque requirements, and future steer-by-wire vehicle architectures.

To View Top Reports

https://social.mytamam.com/blogs/35628/Multifunctional-Food-Additive-Blends-Market-Set-to-Reach-USD-15

https://net-pals.com/blogs/27917/Multifunctional-Food-Additive-Blends-Market-Projected-to-Hit-USD-15

https://uddokta64.com/blogs/6134/Multifunctional-Food-Additive-Blends-Market-Forecast-to-Reach-USD-15

https://acmingle.com/blogs/15861/Multifunctional-Food-Additive-Blends-Market-Expected-to-Reach-USD-15

About Fact.MR

Fact.MR provides market research and consulting services, offering market intelligence, forecasts, competitive analysis, and industry assessments across global sectors.

Buscar
Categorías
Read More
Other
Integrated Marine Automation System Market Growth Driven by Smart Shipping
The Integrated Marine Automation System Market is experiencing strong growth as the global...
By rishangib 2026-05-05 18:44:51 0 687
Shopping
Electric Torque Motor for Cbbmachine Material Handling Systems?
In industrial production environments, motion control plays a central role in maintaining smooth...
By zanetruese 2026-05-21 01:15:09 0 711
Other
Adaptive Flight Display Market Share and Trends, Strategic Analysis, Scope, Drivers & Forecast
Adaptive Flight Display Market is expanding as the aviation industry embraces digital...
By rajsinha12 2026-07-13 09:32:23 0 513
Other
High Purity Carbon Monoxide Market to Reach $1.32B by 2032
The Global High Purity Carbon Monoxide for Chemical market continues to demonstrate robust...
By sayantan_roy 2026-06-26 12:43:06 0 249
Other
Hardware Security Modules Market Market Drivers, Investment Trends and Forecast to 2033
Hardware Security Modules Industry Outlook: Straits Research has added a report titled...
By Deepak07 2026-02-17 09:45:06 0 777