Automotive Electric Power Steering (EPS) Market Opportunities to...

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2026-11-05 11:59:50 -

Automotive Electric Power Steering (EPS) Market Opportunities to Reach US$ 40.93 Billion by 2034

The Automotive Electric Power Steering (EPS) offers a cleaner and more compact installation than a hydraulic system. With no fluid reservoir, lines, or pump, engine bay space is freed up and leaks are eliminated. Maintenance needs are also reduced over the life of the vehicle. The global Automotive Electric Power Steering (EPS) market was valued at US$ 29.09 billion in 2025 and is expected...

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