United States Electric Power Steering Market to Grow with a CAGR of 5.8% through 2030F

The major drivers for the United States Electric Power Steering Market are Fuel Efficiency and Environmental Concerns, Safety and Advanced Driver Assistance Systems (ADAS), and Integration with Electric and Autonomous Vehicles.

According to TechSci Research report, “United States Electric Power Steering Market - By Region, Competition Forecast & Opportunities, 2030F”, the United States Electric Power Steering Market was valued at USD 360.84 Million in 2024 and is expected to reach USD 507.24 Million by 2030 with a CAGR of 5.8%. 

The rapid growth of electric vehicles (EVs) and autonomous vehicles (AVs) in the United States has significantly impacted the Electric Power Steering market. In 2024, the electric vehicle (EV) market achieved 1.56 million sales, representing 10% of all light-duty vehicle sales. While a third of automakers offered at least nine EV models by 2024, the majority of model growth occurred in 2021 and 2022, with few new models introduced in 2023 and 2024, most of which were priced above $55,000. The EV market share increased from 2% of new light-duty vehicle sales in 2020 to 10% in 2024.Several factors contribute to the growing adoption of EPS in the context of electrification and autonomous driving: Electric power steering systems are highly compatible with EVs, as they complement the electrical architecture of these vehicles. Their energy-efficient design aligns well with the energy-saving goals of EVs, contributing to increased range and efficiency. Autonomous vehicles require precise steering control, especially during transitions between autonomous and manual driving modes. EPS systems offer the accuracy and responsiveness needed for seamless integration with AV technology. As AV technology advances, EPS systems play a crucial role in enhancing driver-assist features such as automated lane-keeping and parking assistance. EPS systems are integral components of drive-by-wire systems that replace traditional mechanical linkages with electronic controls.

The integration of Electric Power Steering (EPS) with autonomous driving technology presents a significant challenge in the United States Electric Power Steering Market. While EPS systems play a crucial role in enabling autonomous driving, they must meet the high standards of safety and reliability required for autonomous vehicles: Autonomous vehicles require redundant systems to ensure safety in the event of component failures. EPS systems must be designed with fail-safe mechanisms to guarantee that steering control can be maintained in case of a malfunction. Autonomous driving systems rely on precise steering input to navigate and make driving decisions. The accuracy and responsiveness of EPS systems are critical for the success of autonomous driving technology. Autonomous vehicles are equipped with various sensors, such as lidar, radar, and cameras. EPS systems must seamlessly integrate with these sensors to provide accurate steering input based on the vehicle's surroundings. Autonomous vehicles require constant connectivity and communication between various vehicle systems. EPS systems need to maintain this connectivity to ensure that the steering input aligns with the vehicle's automated driving decisions. The integration of EPS with autonomous technology is subject to rigorous safety regulations and standards. Complying with these regulations is crucial, as non-compliance can result in safety risks and regulatory challenges.

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The United States Electric Power Steering (EPS) Market is segmented into type, component type, vehicle type, mechanism type and region. 

Rack‑assist EPS (R‑EPS) is the fastest-growing subsegment,R‑EPS offers superior torque support and precision control, especially at higher speeds and with heavier steering demands—common in SUVs, trucks, and performance vehicles. Its projected CAGR is robust, driven by adoption in commercial fleets and performance-oriented models.Column‑assist EPS (C‑EPS) is the established leader in the EPS Type segment, tts popularity stems from a compact, cost-effective design ideally suited for small to mid-sized passenger vehicles. OEMs appreciate its simplicity, ease of integration, and suitability for urban models with light steering loads. Approximately 38 million units were installed in 2023—primarily in lightweight vehicles—underscoring its market dominance. 

Based on region,The Midwest, traditionally known for heavy manufacturing and truck-centric industries, has emerged as a growing EPS hub. Automotive plants here increasingly integrate EPS into producing full-size trucks and commercial vehicles to enhance fuel efficiency and steering responsiveness . As OEMs pursue engine downsizing and emissions gains in this workhorse vehicle segment, EPS plays a strategic role. While Midwest EPS growth remains steady, it benefits from national manufacturing chains and continuous innovation in torque-heavy steering applications.

Major companies operating in United States Electric Power Steering Market are:

• Mitsubishi Electric Corporation
• Robert Bosch GmbH
• Denso Corporation
• JTEKT Corporation
• NSK Ltd.
• thyssenkrupp AG
• ZF Friedrichshafen AG
• Knorr‑Bremse AG
• Dowlais Group Plc (GKN Automotive Ltd.)
• Nexteer Automotive Corporation

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“The United States Electric Power Steering (EPS) Market is a thriving and transformative segment within the automotive industry. EPS technology, replacing traditional hydraulic power steering systems with electric alternatives, is driving the pursuit of improved fuel efficiency, reduced emissions, and enhanced driver assistance features. As the nation seeks eco-friendly and fuel-efficient solutions, EPS systems play a pivotal role in achieving these goals, particularly in electric and hybrid vehicles where they enhance energy efficiency. Safety and driver assistance features are also bolstered by EPS, contributing to vehicle stability and driving comfort. The EPS market is shaped by government regulations, consumer preferences, and competition among automakers, all striving for innovation in materials and design. The United States is poised to remain a leader in EPS technology, providing efficient, eco-friendly, and advanced steering solutions for its automotive market.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“United States Electric Power Steering Market, By Type (C-EPS, P-EPS, R-EPS), By Component Type (Steering Column, Steering Wheel, Sensors, Electronic Control Unit, Electric Motor and Bearings), By Vehicle Type (Passenger Cars, Medium & Heavy Commercial Vehicles, Light Commercial Vehicles and Off-the-Road Vehicles), By Mechanism Type (Collapsible EPS, Rigid EPS), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of United States Electric Power Steering Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Electric Power Steering Market.