Key Insights

The China Automotive Electric Power Steering (EPS) market is experiencing robust growth, projected to reach a market size of $15.58 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 14.98% from 2025 to 2033. This significant expansion is driven by several key factors. Firstly, increasing demand for fuel-efficient and environmentally friendly vehicles within China is fueling the adoption of EPS systems, which offer better fuel economy compared to traditional hydraulic steering. Secondly, advancements in EPS technology, leading to improved performance, safety features (like lane-keeping assist and autonomous driving functionalities), and reduced costs, are further boosting market growth. Government regulations promoting vehicle electrification and emission reduction targets in China are also significantly impacting the market trajectory. The market segmentation reveals a strong preference for passenger cars, followed by commercial vehicles, reflecting the overall automotive market trends in China. Column type EPS currently holds a significant market share among the various types, however, dual pinion and other advanced types are showing substantial growth potential, driven by technological innovations and rising demand for enhanced driver assistance systems. Leading companies like JTEKT, Denso, and ZF Friedrichshafen are actively investing in R&D and expanding their market presence in China to cater to this burgeoning demand.

The competitive landscape within the China Automotive Electric Power Steering (EPS) market is intensifying, with both domestic and international players vying for market share. While established players maintain a strong position due to their brand reputation and technological prowess, several new entrants are emerging, particularly within the components segment. This competitive pressure is likely to lead to further technological advancements and price reductions, benefitting consumers. Despite the robust growth forecast, challenges remain, including supply chain disruptions, rising raw material costs, and potential trade uncertainties. However, the long-term outlook for the China Automotive Electric Power Steering (EPS) market remains extremely positive, driven by the ongoing trends of vehicle electrification, automation, and stringent emission norms. The continuous government support for the development of the automotive sector in China further strengthens this positive outlook.

China Automotive Electric Power Steering (EPS) Market: A Comprehensive Report (2019-2033)

This comprehensive report provides an in-depth analysis of the dynamic China Automotive Electric Power Steering (EPS) market, offering invaluable insights for stakeholders across the automotive value chain. From market size and segmentation to competitive landscapes and future growth projections, this report covers all key aspects of this rapidly evolving sector. The study period spans 2019-2033, with 2025 as the base and estimated year.

China Automotive Electric Power Steering (EPS) Market Concentration & Innovation

This section analyzes the market concentration, innovation drivers, regulatory landscape, product substitution trends, end-user behavior, and merger & acquisition (M&A) activities within the China Automotive Electric Power Steering (EPS) market. The market exhibits a moderately concentrated structure, with top players like JTEKT Corporation, Denso Corporation, and Hyundai Mobis holding significant market share, estimated at xx% collectively in 2025. However, the entry of new players and technological advancements are driving increased competition. Innovation is primarily focused on enhancing efficiency, reducing costs, and improving features such as advanced driver-assistance systems (ADAS) integration. The Chinese government’s push for electric vehicle adoption and stricter emission norms are significant regulatory drivers. The substitution of traditional hydraulic steering systems with EPS is accelerating. End-user trends show a preference for improved fuel efficiency, comfort, and safety features integrated into EPS systems. M&A activities have been moderate, with xx deals valued at approximately xx Million USD recorded between 2019 and 2024, primarily focusing on expanding manufacturing capacity and technological capabilities.

China Automotive Electric Power Steering (EPS) Market Industry Trends & Insights

The China Automotive Electric Power Steering (EPS) market is experiencing robust growth, driven by the booming automotive industry, particularly the surging demand for electric vehicles (EVs) and the increasing adoption of advanced driver-assistance systems (ADAS). The market’s compound annual growth rate (CAGR) is projected to be xx% during the forecast period (2025-2033). This growth is fueled by several key factors: the government's incentives for EV adoption, rising disposable incomes leading to increased car ownership, and continuous technological advancements in EPS technology, leading to improved energy efficiency, safety, and comfort. Market penetration of EPS systems in passenger cars has significantly increased and is expected to reach xx% by 2033, while the commercial vehicle segment is showing comparatively slower but steady growth, driven by the increasing adoption of advanced safety features in commercial fleets. Technological disruptions, such as the development of highly integrated EPS systems with ADAS functionality, are reshaping the competitive landscape. Consumer preferences are shifting towards enhanced driving experience and safety, bolstering demand for more sophisticated EPS systems.

Dominant Markets & Segments in China Automotive Electric Power Steering (EPS) Market

• By Type: The Column Type EPS segment dominates the market, accounting for xx% of the market share in 2025, driven by its cost-effectiveness and suitability for various vehicle applications. The Pinion Type and Dual Pinion Type segments are expected to witness significant growth due to their enhanced performance and integration capabilities. Other Types, such as electronic power assisted steering systems, are expected to have niche adoption.
• By Component Type: The Steering Motor segment holds the largest market share (xx%), followed by the Sensor segment. The high demand for advanced features and improved performance necessitates higher quality and sophisticated sensors. The Steering Column component market is experiencing consistent growth as a key component of the overall EPS system. Other component types, including electronic control units (ECUs) and power management systems, are also experiencing growth as they become increasingly essential.
• By Vehicle Type: The Passenger Cars segment commands the largest market share (xx%), driven by the rising demand for passenger vehicles in China and the increasing integration of EPS systems in new car models. The Commercial Vehicle segment presents a significant growth opportunity, driven by increasing safety regulations and advancements in commercial vehicle technology. Economic policies supporting the commercial vehicle industry and improved road infrastructure are further driving this growth.

The dominance of these segments is primarily due to strong demand, technological maturity, and cost-effectiveness.

China Automotive Electric Power Steering (EPS) Market Product Developments

Recent product innovations focus on integrating advanced features like haptic feedback, lane-keeping assist, and improved driver assistance systems. This integration is driven by the growing demand for enhanced safety and comfort features in vehicles. The competitive advantage lies in offering high-performance, energy-efficient, and cost-effective EPS systems with advanced functionalities. The market trend is towards miniaturization and higher power density to cater to the increasing demand for smaller and lighter vehicles.

Report Scope & Segmentation Analysis

This report comprehensively segments the China Automotive Electric Power Steering (EPS) market by Type (Column Type, Pinion Type, Dual Pinion Type, Other Types), Component Type (Steering Column, Sensor, Steering Motor, Other Component Types), and Vehicle Type (Passenger Cars, Commercial Vehicle). Each segment's analysis includes growth projections, market size estimations for the historical period (2019-2024), base year (2025), and forecast period (2025-2033), alongside a detailed competitive analysis. Growth projections for all segments are positive, with the Passenger Car and Column Type segments expected to dominate throughout the forecast period.

Key Drivers of China Automotive Electric Power Steering (EPS) Market Growth

The China Automotive Electric Power Steering (EPS) market's growth is propelled by several key factors: the increasing adoption of electric vehicles, stringent government regulations promoting fuel efficiency and emission reduction, advancements in EPS technology leading to enhanced safety and performance features, and rising disposable incomes driving increased vehicle ownership. The government's focus on infrastructure development and support for the automotive industry is also a major catalyst.

Challenges in the China Automotive Electric Power Steering (EPS) Market Sector

The market faces challenges such as intense competition among established and emerging players, fluctuations in raw material prices impacting manufacturing costs, and potential supply chain disruptions. Stricter emission norms and safety regulations impose additional costs and complexity on manufacturers. The rapid pace of technological advancements demands continuous innovation and adaptation, leading to increased R&D expenditure.

Emerging Opportunities in China Automotive Electric Power Steering (EPS) Market

Significant opportunities exist in developing advanced EPS systems with enhanced ADAS features and improved energy efficiency. Expanding into the commercial vehicle segment presents substantial growth potential, especially with the focus on safety enhancements in commercial fleets. The increasing demand for autonomous driving capabilities opens avenues for EPS systems with increased integration and control features.

Leading Players in the China Automotive Electric Power Steering (EPS) Market Market

• JTEKT Corporation
• Denso Corporation
• Hyundai Mobis
• ZF Friedrichshafen AG
• NSK Ltd
• GKN PLC
• Mitsubishi Electric Corporation
• ATS Automation
• Hitachi Automotive Systems Ltd
• Nexteer Automotives
• Robert Bosch GmbH
• Thyssenkrupp Presta AG

Key Developments in China Automotive Electric Power Steering (EPS) Market Industry

• June 2023: Nidec Corporation announced the successful development of a new electric power steering motor power pack ('EPS-PP'), signifying advancement in EPS technology and potential market disruption.
• August 2022: ZF Friedrichshafen's CNY320 million (USD 47 million) investment to expand power steering system capacity in Shanghai demonstrates the commitment to catering to the growing Chinese market demand.

Strategic Outlook for China Automotive Electric Power Steering (EPS) Market Market

The China Automotive Electric Power Steering (EPS) market is poised for significant growth, driven by the continuous expansion of the automotive industry, particularly the electric vehicle sector. Future opportunities lie in developing advanced, highly integrated EPS systems with improved features and functionalities, catering to the increasing demand for enhanced safety, comfort, and fuel efficiency. Strategic partnerships and investments in research and development will be crucial for companies to maintain a competitive edge in this rapidly evolving market.

China Automotive Electric Power Steering (EPS) Market Segmentation

• 1. Type
  • 1.1. Column Type
  • 1.2. Pinion Type
  • 1.3. Dual Pinion Type
  • 1.4. Other Types
• 2. Component Type
  • 2.1. Steering Column
  • 2.2. Sensor
  • 2.3. Steering Motor
  • 2.4. Other Component Types
• 3. Vehicle Type
  • 3.1. Passenger Cars
  • 3.2. Commercial Vehicle

China Automotive Electric Power Steering (EPS) Market Segmentation By Geography

• 1. China