The Automotive Electric Power Steering (EPS) Systems industry is rapidly advancing, driven by technological innovations and the increasing demand for lightweight, energy-efficient vehicle components. The market dynamics reflect strong momentum owing to expanding electric vehicle (EV) adoption and stringent emission norms shaping future automotive design.

Global Automotive Electric Power Steering (EPS) Systems Market is estimated to be valued at USD 32.62 Bn in 2025 and is expected to reach USD 46.83 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.3% from 2025 to 2032.

The Automotive Electric Power Steering (EPS) Systems Market Growth supported by advancements in EPS technology and integration with autonomous driving systems. Increasing industry share of EPS systems in passenger and commercial vehicles underscores rising market revenue streams. Recent market reports reveal evolving market segments focused on sensor integration and motor efficiency enhancements, which further bolster market insights and growth projections.

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