Electric Power Steering Motors Market to Achieve USD 13.7 Billion by 2036
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.
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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.
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About Fact.MR
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forecasts, competitive analysis, and industry assessments across global
sectors.