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Report Overview

The United States electric power steering market size reached USD 5.72 Billion in 2025. The market is expected to grow at a CAGR of 3.90% between 2026 and 2035, reaching almost USD 8.39 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • Electric power steering (EPS) systems offer high fuel efficiency by eliminating belt-driven hydraulic or manual pumps that operate continuously, regardless of the need for assistance. EPS can save up to 0.4 litres of fuel for every 100 kilometers travelled and reduce CO2 emissions by up to 7 grams per kilometer.

  • As per industry reports, in 2022, the majority of U.S. households (91.7%) owned at least one vehicle, with 22.1% of households having three or more vehicles. The total number of registered personal and commercial vehicles in the U.S. reached 278,870,463 in the same year. Trucks emerged as the most prevalent vehicle type, accounting for 170,239,357 registrations, surpassing cars, which totalled 98,573,935 registrations.

  • Nearly all households (91.7%) in 2022 owned at least one vehicle, with only 8.3% of households not possessing any vehicles at all. These statistics underscore the widespread ownership and use of vehicles across the United States.

Compound Annual Growth Rate

3.9%

Value in USD Billion

2026-2035


*this image is indicative*

The United States electric power steering market has undergone significant growth, reflecting the automotive industry's evolution towards more advanced technologies. EPS has emerged as a key feature in modern vehicles, replacing traditional hydraulic systems due to its numerous benefits, including improved fuel efficiency, enhanced safety, and seamless integration with Advanced Driver Assistance Systems (ADAS).

A notable trend shaping this market is the integration of EPS with ADAS features like lane-keeping assist and adaptive cruise control, facilitating semi-autonomous driving capabilities and bolstering vehicle safety. The push towards electric and hybrid vehicles has further propelled the demand for EPS, with these systems offering energy-efficient solutions that contribute to vehicle efficiency and performance.

As the automotive industry prioritises eco-friendly practices, EPS aligns well with this trend. EPS systems are lighter and more energy-efficient than hydraulic systems, contributing to reduced emissions and fuel consumption. The rising adoption of electric and hybrid vehicles, which heavily rely on EPS for energy-saving attributes, underscores the growing importance of advanced EPS technology.

Safety features and driver assistance systems are also driving EPS adoption. EPS enables precise steering control, supporting advanced driver assistance functionalities and improving vehicle stability. Government regulations focused on reducing fuel consumption and emissions have further accelerated the adoption of EPS systems among automakers striving to meet stringent standards.

Consumer preferences for smooth and responsive steering experiences have also fuelled the demand for EPS. Variable steering assistance and quieter operation enhance driving comfort, addressing key concerns of modern drivers.

Innovation within the EPS market, including advancements in materials, electronic sensors, and software algorithms, continues to enhance steering efficiency and safety. These developments underscore how EPS technology is advancing automotive innovation, offering cleaner, more efficient, and safer transportation solutions in the United States while supporting the United States electric power steering market development.

Market Segmentation

"United States Electric Power Steering Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Rack Assist Type (REPS)
  • Column Assist Type (CEPS)
  • Pinion Assist Type (PEPS)

Market Breakup by Component

  • Steering Rack/Column
  • Sensors
  • Electric Motor
  • Others

Market Breakup by Vehicle Type

  • Passenger Car
  • Commercial Vehicle 

Market Breakup by Sales Channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket 

Market Breakup by Region

  • New England
  • Mideast
  • Great Lakes 
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West

Competitive Landscape

One of the main strategies used by manufacturers in the market to benefit customers and gain market share is local manufacturing to reduce operating expenses.

  • Mitsubishi Electric Corporation
  • Robert Bosch GmbH
  • Denso Corporation 
  • JTEKT Corporation 
  • NSK Ltd.
  • thyssenkrupp AG 
  • ZF Friedrichshafen AG 
  • Knorr-Bremse AG 
  • Dowlais Group Plc (GKN Automotive Ltd.) 
  • Nexteer Automotive Corporation
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is estimated to be valued at USD 5.72 Billion in 2025.

The market is projected to grow at a CAGR of 3.90% between 2026 and 2035.

The electric power steering market is expected to reach USD 8.39 Billion in 2035.

The market is categorised according to its product type, which includes rack assist type (REPS), column assist type (CEPS), and pinion assist type (PEPS).

The key market players are Mitsubishi Electric Corporation, Robert Bosch GmbH, Denso Corporation, JTEKT Corporation, NSK Ltd., thyssenkrupp AG, ZF Friedrichshafen AG, Knorr-Bremse AG, Dowlais Group Plc (GKN Automotive Ltd.), Nexteer Automotive Corporation, and others.

The market is driven by factors that include innovation within the EPS market, growing emphasis on safer automotive systems, integration of EPS in passenger vehicles, and growing consumer preference for electric and hybrid vehicles.

The market is categorised according to its component, which includes steering rack/column, sensors, electric motor, and others.

Direct Adaptive Steering employs electronic signals to transmit driver steering inputs more rapidly than traditional mechanical systems. Simultaneously, this innovative system swiftly communicates road surface information to the driver in a manner that is both faster and more intuitive.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Component
  • Vehicle Type
  • Sales Channel
  • Region
Breakup by Product Type
  • Rack Assist Type (REPS)
  • Column Assist Type (CEPS)
  • Pinion Assist Type (PEPS)
Breakup by Component
  • Steering Rack/Column
  • Sensors
  • Electric Motor
  • Others
Breakup by Vehicle Type
  • Passenger Car
  • Commercial Vehicle
Breakup by Sales Channel
  • Original Equipment Manufacturer (OEM)
  • Aftermarket
Breakup by Region
  • New England
  • Mideast
  • Great Lakes 
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Mitsubishi Electric Corporation
  • Robert Bosch GmbH
  • Denso Corporation 
  • JTEKT Corporation 
  • NSK Ltd.
  • thyssenkrupp AG 
  • ZF Friedrichshafen AG 
  • Knorr-Bremse AG 
  • Dowlais Group Plc (GKN Automotive Ltd.) 
  • Nexteer Automotive Corporation
  • Others

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