Key Insights
The China electric power steering (EPS) market is experiencing robust growth, driven by the increasing adoption of electric vehicles (EVs) and advanced driver-assistance systems (ADAS). The market's Compound Annual Growth Rate (CAGR) of 12.95% from 2019 to 2024 suggests a significant upward trajectory, indicating strong demand for EPS systems across both passenger cars and commercial vehicles. This growth is fueled by several factors including stringent government regulations promoting fuel efficiency and emission reductions, which favor EPS technology over traditional hydraulic systems. Furthermore, the rising consumer preference for improved fuel economy, enhanced driving comfort, and sophisticated safety features further contributes to the market expansion. Segmentation analysis reveals a strong demand for rack assist type (REPS) EPS systems within both the original equipment manufacturer (OEM) and replacement markets. Key players like JTEKT Corporation, Hyundai Mobis Co, and others are actively investing in research and development to introduce advanced EPS technologies, incorporating features like improved responsiveness and energy efficiency. The competitive landscape is characterized by both established industry giants and emerging innovative companies vying for market share, which promotes technological advancements and competitive pricing.
Looking ahead, the China EPS market is poised for continued expansion throughout the forecast period (2025-2033). Factors like the government's continued focus on EV adoption and the increasing integration of ADAS in vehicles are expected to be key catalysts for sustained growth. While challenges such as supply chain disruptions and potential price fluctuations of raw materials could pose some restraints, the overall positive outlook is reinforced by the increasing urbanization and rising disposable incomes within China, driving higher vehicle sales and demand for advanced automotive technologies, ultimately benefiting the EPS market. The continued investment in R&D by market players is expected to lead to further innovation in EPS technologies, which would lead to improved efficiency and functionality.
This comprehensive report provides a detailed analysis of the burgeoning China Electric Power Steering market, offering invaluable insights for industry stakeholders, investors, and strategic decision-makers. Covering the period 2019-2033, with a focus on 2025, this report dissects market trends, competitive dynamics, and future growth potential. Expect in-depth analysis of market segmentation by vehicle type (passenger car, commercial vehicle), product type (REPS, CEPS, PEPS), and demand category (OEM, replacement). The report leverages extensive data analysis to provide a clear picture of the market's current state and its trajectory. The market is projected to reach xx Million by 2033.

China Electric Power Steering Market Market Structure & Competitive Landscape
The China Electric Power Steering market exhibits a moderately concentrated structure, with several key players vying for market share. The market concentration ratio (CR4) is estimated at xx% in 2025, indicating a competitive yet consolidated landscape. Innovation is a primary driver, with companies continuously investing in advanced technologies like electric power steering systems (EPS) with improved energy efficiency and enhanced driver assistance features.
Regulatory factors, including emission standards and safety regulations, significantly influence market dynamics. The increasing adoption of stringent emission norms is driving the demand for fuel-efficient EPS systems. Product substitutes, such as hydraulic power steering systems (HPS), are facing declining adoption rates due to their lower fuel efficiency and higher manufacturing costs.
The market is segmented by end-user into the OEM and replacement markets, with OEM representing a larger share. Mergers and acquisitions (M&A) activity has been moderate, with a few significant deals shaping the competitive landscape in recent years. The total value of M&A transactions in the period 2019-2024 is estimated at xx Million.
- Key Market Characteristics: Moderately concentrated, innovation-driven, regulated, segmented by end-user.
- M&A Activity (2019-2024): xx Million (estimated)
- Market Concentration Ratio (CR4, 2025): xx% (estimated)
- Key Innovation Drivers: Enhanced fuel efficiency, driver assistance features, integration with ADAS.
China Electric Power Steering Market Market Trends & Opportunities
The China Electric Power Steering market is experiencing robust growth, driven by factors such as the increasing demand for passenger cars and commercial vehicles, the rising adoption of advanced driver-assistance systems (ADAS), and the stringent government regulations aimed at improving fuel efficiency and reducing emissions. The market is projected to register a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033), expanding from xx Million in 2025 to xx Million by 2033.
Technological advancements, such as the development of more efficient and compact EPS systems, are contributing to market growth. Consumer preferences are shifting towards vehicles equipped with advanced safety and convenience features, further boosting the demand for EPS systems. The competitive landscape is characterized by intense competition among established players and new entrants, leading to continuous innovation and product improvement. Market penetration rate for EPS in passenger cars is estimated at xx% in 2025, with significant growth potential in commercial vehicles.

Dominant Markets & Segments in China Electric Power Steering Market
The passenger car segment dominates the China Electric Power Steering market, accounting for the majority of the market share in 2025. The high demand for passenger vehicles and the increasing adoption of EPS in new vehicles drive this dominance.
- Key Growth Drivers for Passenger Car Segment:
- Rising disposable incomes and increased vehicle ownership.
- Government incentives and subsidies for fuel-efficient vehicles.
- Growing preference for advanced safety and comfort features.
- Key Growth Drivers for Commercial Vehicle Segment:
- Growing e-commerce and logistics sectors.
- Government regulations promoting fuel efficiency in commercial vehicles.
- Increased demand for enhanced safety features in commercial vehicles.
The OEM segment holds a larger share compared to the replacement market, reflecting the growing production of new vehicles equipped with EPS. The Rack assist type (REPS) holds a significant market share among product types. Geographically, the coastal regions of China (e.g., Guangdong, Jiangsu, Zhejiang) exhibit stronger growth due to higher vehicle production and consumption.
China Electric Power Steering Market Product Analysis
Technological advancements are driving the development of more efficient and cost-effective EPS systems. These advancements include the use of advanced sensors, improved motor designs, and sophisticated control algorithms. The increasing integration of EPS with ADAS functionalities, such as lane keeping assist and adaptive cruise control, further enhances their appeal. The market is seeing a shift towards systems that offer better fuel efficiency, enhanced driving dynamics, and improved safety features. This translates to higher market fit and competitive advantage for producers offering cutting-edge technologies.
Key Drivers, Barriers & Challenges in China Electric Power Steering Market
Key Drivers:
The rapid growth of the automotive industry in China, coupled with increasing government regulations to improve fuel efficiency and emissions, is a primary driver. The rising adoption of advanced driver-assistance systems (ADAS) is also fueling demand. Technological advancements leading to more efficient and cost-effective EPS systems further contribute to market growth.
Key Barriers & Challenges:
Supply chain disruptions and rising raw material costs pose significant challenges. Intense competition among established and new players creates pricing pressures, impacting profit margins. Strict regulatory compliance requirements and potential delays in approvals can impact market entry and expansion plans. These factors together impact the overall market growth, although the long term outlook remains positive.
Growth Drivers in the China Electric Power Steering Market Market
The key growth drivers for the China Electric Power Steering Market include the robust growth of the automotive industry, stringent government regulations promoting fuel efficiency, and technological advancements resulting in improved EPS systems with enhanced features and cost-effectiveness. These factors, along with increasing adoption of ADAS, create strong potential for continued market expansion.
Challenges Impacting China Electric Power Steering Market Growth
Challenges include supply chain vulnerabilities impacting raw material availability and production, intense competition leading to price erosion, and the stringent regulatory environment. These factors, combined with economic fluctuations and potential technological disruptions, could influence market growth trajectory in the coming years.
Key Players Shaping the China Electric Power Steering Market Market
- JTEKT Corporation
- Hyundai Mobis Co
- Hitachi Automotiec Systems
- Infineon Technologies
- NSK Ltd
- GKN PLC
- Mitsubishi Electric Corporation
- Mando Corporation
- Nexteer Automotive
- ATS Automation Tooling Systems Inc
- Delphi Automotive Systems
Significant China Electric Power Steering Market Industry Milestones
- 2020: Introduction of new emission standards by the Chinese government, driving demand for fuel-efficient EPS.
- 2021: Several key players launched advanced EPS systems with integrated ADAS functionalities.
- 2022: Significant M&A activity involving consolidation among Tier-1 suppliers in the electric power steering market.
- 2023: Increased investment in R&D for next-generation EPS technologies, including those using silicon carbide power modules.
Future Outlook for China Electric Power Steering Market Market
The China Electric Power Steering market is poised for continued growth, fueled by the expansion of the automotive sector, the rising adoption of electric vehicles, and ongoing advancements in EPS technology. Strategic opportunities exist for companies that can innovate in areas such as energy efficiency, integration with ADAS, and cost reduction. The market's potential remains substantial, particularly given China's leading role in global automotive production and its focus on sustainable transportation.
China Electric Power Steering Market Segmentation
-
1. Vehicle Type
- 1.1. Passenger Car
- 1.2. Commercial Vehicle
-
2. Product Type
- 2.1. By Rack assist type (REPS)
- 2.2. Colum assist type (CEPS)
- 2.3. Pinion assist type (PEPS)
-
3. Demand Category
- 3.1. OEM
- 3.2. Replacement
China Electric Power Steering Market Segmentation By Geography
- 1. China

China Electric Power Steering Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.95% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rise in demand for Luxury Cars Across the Country
- 3.3. Market Restrains
- 3.3.1. High Cost Associated with the Product
- 3.4. Market Trends
- 3.4.1. ECU is the fastest-growing component amongst all Electric Power Steering (EPS) components
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. China Electric Power Steering Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 5.1.1. Passenger Car
- 5.1.2. Commercial Vehicle
- 5.2. Market Analysis, Insights and Forecast - by Product Type
- 5.2.1. By Rack assist type (REPS)
- 5.2.2. Colum assist type (CEPS)
- 5.2.3. Pinion assist type (PEPS)
- 5.3. Market Analysis, Insights and Forecast - by Demand Category
- 5.3.1. OEM
- 5.3.2. Replacement
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. China
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 JTEKT Corporation
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Hyundai Mobis Co
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Hitachi Automotiec Systems
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Infineon Technologies
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 NSK Ltd
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 GKN PLC
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Mitsubishi Electric Corporation
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Mando Corporation
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Nexteer Automotive
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 ATS Automation Tooling Systems Inc
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.11 Delphi Automotive Systems
- 6.2.11.1. Overview
- 6.2.11.2. Products
- 6.2.11.3. SWOT Analysis
- 6.2.11.4. Recent Developments
- 6.2.11.5. Financials (Based on Availability)
- 6.2.1 JTEKT Corporation
List of Figures
- Figure 1: China Electric Power Steering Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: China Electric Power Steering Market Share (%) by Company 2024
List of Tables
- Table 1: China Electric Power Steering Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: China Electric Power Steering Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
- Table 3: China Electric Power Steering Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 4: China Electric Power Steering Market Revenue Million Forecast, by Demand Category 2019 & 2032
- Table 5: China Electric Power Steering Market Revenue Million Forecast, by Region 2019 & 2032
- Table 6: China Electric Power Steering Market Revenue Million Forecast, by Country 2019 & 2032
- Table 7: China Electric Power Steering Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
- Table 8: China Electric Power Steering Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 9: China Electric Power Steering Market Revenue Million Forecast, by Demand Category 2019 & 2032
- Table 10: China Electric Power Steering Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the China Electric Power Steering Market?
The projected CAGR is approximately 12.95%.
2. Which companies are prominent players in the China Electric Power Steering Market?
Key companies in the market include JTEKT Corporation, Hyundai Mobis Co, Hitachi Automotiec Systems, Infineon Technologies, NSK Ltd, GKN PLC, Mitsubishi Electric Corporation, Mando Corporation, Nexteer Automotive, ATS Automation Tooling Systems Inc, Delphi Automotive Systems.
3. What are the main segments of the China Electric Power Steering Market?
The market segments include Vehicle Type, Product Type, Demand Category.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Rise in demand for Luxury Cars Across the Country.
6. What are the notable trends driving market growth?
ECU is the fastest-growing component amongst all Electric Power Steering (EPS) components.
7. Are there any restraints impacting market growth?
High Cost Associated with the Product.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "China Electric Power Steering Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the China Electric Power Steering Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the China Electric Power Steering Market?
To stay informed about further developments, trends, and reports in the China Electric Power Steering Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence