자동차용 전동유압식 파워스티어링 펌프 시장(2025-2034년) : 기회, 성장 촉진요인, 산업 동향 분석, 예측

The Global Automotive Electro-Hydraulic Power Steering Pumps Market was valued at USD 9.2 billion in 2024 and is estimated to grow at a CAGR of 7.3% to reach USD 18.4 billion by 2034. This strong growth is being propelled by the worldwide shift toward fuel-saving and low-emission vehicles. As vehicle manufacturers aim to meet increasingly strict environmental mandates in regions like North America, Europe, and China, EHPS systems are becoming essential. Unlike conventional hydraulic steering, EHPS technology operates independently from the engine, turning on only when needed. This significantly cuts engine drag and lowers fuel use. Its adaptable structure makes it a strong fit for hybrid and mild hybrid vehicles. The system retains full steering capability even when the internal combustion engine is turned off-a common condition in hybrid operations, making it a cost-effective alternative to full electric steering systems.

As automakers increasingly build advanced driver assistance features into vehicles, they require more responsive and electronically controlled steering inputs. EHPS systems meet this need while ensuring safety and precision, even in vehicles with alternative powertrains. Their ability to support automated technologies such as lane centering and collision avoidance is driving their widespread adoption across vehicle categories.

The passenger vehicles segment held a 70% share and is expected to grow at a CAGR of 7.5% through 2034. The segment's scale in both production and demand makes it a major contributor to EHPS growth. Rising consumer expectations for better handling, refined ride quality, and safe driving experiences are motivating automakers to integrate EHPS systems more extensively. Hybrid and electric passenger vehicles, in particular, benefit from the system's compatibility and energy-saving potential, encouraging manufacturers to use EHPS across a wide spectrum of models.

The vane pump technology segment accounted for 46% share in 2024 and is projected to grow at a CAGR of 8% through 2034. These pumps are preferred for their ability to maintain a consistent flow of hydraulic fluid, ensuring steady and precise steering feedback. Their design features sliding vanes that stay in constant contact with the pump housing, delivering smooth performance and superior driver control. Vane pumps are also valued for their quiet operation and low pulsation, making them a preferred choice in vehicle designs that emphasize cabin comfort and acoustic refinement.

China Automotive Electro-Hydraulic Power Steering Pumps Market generated USD 2.4 billion in 2024 and held a 67% share. The country's accelerated adoption of hybrid systems and energy-conscious automotive technologies has pushed demand for EHPS systems across both domestic and international car brands. With a growing push for 48V hybrid platforms, EHPS solutions are seeing widespread integration. China's position as a key production and innovation hub is further reinforced by heavy investments from both global Tier-1 suppliers and local companies in research, development, and regionalized manufacturing. The surge in ADAS adoption and intelligent steering technologies is also bolstering EHPS implementation across premium and mid-tier vehicle categories.

Major companies actively participating in the Global Automotive Electro-Hydraulic Power Steering Pumps Market include Delphi Technologies, ZF Friedrichshafen, Robert Bosch, Nexteer Automotive, Mitsubishi Electric, GKN Automotive, JTEKT, NSK Ltd., Hyundai Mobis, and Tenneco. To strengthen their competitive edge in the automotive EHPS market, companies are pursuing innovation-led growth and strategic partnerships. Many are investing heavily in R&D to enhance the energy efficiency, size, and integration flexibility of EHPS units meeting OEM requirements. Others are forming joint ventures with local players to optimize market reach in fast-growing economies like China. Streamlining manufacturing processes to localize production and reduce costs is another prominent strategy. Companies are also expanding their product portfolios with systems that support higher-voltage architectures like 48V platforms.

Table of Contents

Chapter 1 Methodology

• 1.1 Market scope and definition
• 1.2 Research design
  • 1.2.1 Research approach
  • 1.2.2 Data collection methods
• 1.3 Data mining sources
  • 1.3.1 Global
  • 1.3.2 Regional/Country
• 1.4 Base estimates and calculations
  • 1.4.1 Base year calculation
  • 1.4.2 Key trends for market estimation
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
• 1.6 Forecast model
• 1.7 Research assumptions and limitations

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis
• 2.2 Key market trends
  • 2.2.1 Regional
  • 2.2.2 Vehicle
  • 2.2.3 Technology
  • 2.2.4 Suspension
  • 2.2.5 Sales channel
  • 2.2.6 Application
• 2.3 TAM Analysis, 2025-2034
• 2.4 CXO perspectives: Strategic imperatives
  • 2.4.1 Key decision points for industry executives
  • 2.4.2 Critical success factors for market players
• 2.5 Future outlook and strategic recommendations

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Supplier landscape
  • 3.1.2 Profit margin
  • 3.1.3 Cost structure
  • 3.1.4 Value addition at each stage
  • 3.1.5 Factor affecting the value chain
  • 3.1.6 Disruptions
• 3.2 Industry impact forces
  • 3.2.1 Growth drivers
    • 3.2.1.1 Growing demand for fuel-efficient steering systems
    • 3.2.1.2 Surge in electrification of powertrain architectures
    • 3.2.1.3 Rising integration with advanced driver-assistance systems (ADAS)
    • 3.2.1.4 Increasing sales of light commercial vehicles (LCVs)
    • 3.2.1.5 Expansion of vehicle production in emerging markets
  • 3.2.2 Industry pitfalls and challenges
    • 3.2.2.1 High system cost compared to traditional hydraulic pumps
    • 3.2.2.2 Limited compatibility with fully electric vehicle architectures
  • 3.2.3 Market opportunities
    • 3.2.3.1 Rising adoption of hybrid and mild-hybrid vehicles
    • 3.2.3.2 Expansion of the light commercial vehicle (LCV) segment
    • 3.2.3.3 Localized manufacturing and regional production expansion
    • 3.2.3.4 Growth through strategic partnerships and joint ventures
• 3.3 Growth potential analysis
• 3.4 Regulatory landscape
  • 3.4.1 North America
  • 3.4.2 Europe
  • 3.4.3 Asia Pacific
  • 3.4.4 Latin America
  • 3.4.5 Middle East & Africa
• 3.5 Porter's analysis
• 3.6 PESTEL analysis
• 3.7 Technology and innovation landscape
  • 3.7.1 Current technological trends
  • 3.7.2 Emerging technologies
• 3.8 Price trends
  • 3.8.1 By region
  • 3.8.2 By product
• 3.9 Production statistics
  • 3.9.1 Production hubs
  • 3.9.2 Consumption hubs
  • 3.9.3 Export and import
• 3.10 Cost breakdown analysis
• 3.11 Patent analysis
• 3.12 Sustainability and environmental aspects
  • 3.12.1 Sustainable practices
  • 3.12.2 Waste reduction strategies
  • 3.12.3 Energy efficiency in production
  • 3.12.4 Eco-friendly initiatives
  • 3.12.5 Carbon footprint considerations

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
  • 4.2.1 North America
  • 4.2.2 Europe
  • 4.2.3 Asia Pacific
  • 4.2.4 LATAM
  • 4.2.5 MEA
• 4.3 Competitive analysis of major market players
• 4.4 Competitive positioning matrix
• 4.5 Strategic outlook matrix
• 4.6 Key developments
  • 4.6.1 Mergers & acquisitions
  • 4.6.2 Partnerships & collaborations
  • 4.6.3 New product launches
  • 4.6.4 Expansion plans and funding

Chapter 5 Market Estimates & Forecast, By Vehicle, 2021 - 2034 ($Bn, units)

• 5.1 Key trends
• 5.2 Passenger vehicles
  • 5.2.1 Hatchbacks
  • 5.2.2 Sedans
  • 5.2.3 SUV
• 5.3 Commercial vehicles
  • 5.3.1 Light commercial vehicles (LCV)
  • 5.3.2 Medium commercial vehicles (MCV)
  • 5.3.3 Heavy commercial vehicles (HCV)

Chapter 6 Market Estimates & Forecast, By Pump, 2021 - 2034 ($Bn, Units)

• 6.1 Key trends
• 6.2 Vane pump
• 6.3 Gear pump
• 6.4 Piston pump
• 6.5 Others

Chapter 7 Market Estimates & Forecast, By Sales channel, 2021 - 2034 ($Bn, Units)

• 7.1 Key trends
• 7.2 OEMs
• 7.3 Aftermarket

Chapter 8 Market Estimates & Forecast, By Propulsions, 2021 - 2034 ($Bn, Units)

• 8.1 Key trends
• 8.2 ICE
• 8.3 Electric Vehicles (EVs)
• 8.4 Hybrid

Chapter 9 Market Estimates & Forecast, By Component, 2021 - 2034 ($Bn, Units)

• 9.1 Key trends
• 9.2 Pump unit
• 9.3 Reservoir
• 9.4 Power steering fluid
• 9.5 Control unit
• 9.6 Others

Chapter 10 Market Estimates & Forecast, By Region, 2021 - 2034 ($Bn, Units)

• 10.1 Key trends
• 10.2 North America
  • 10.2.1 U.S.
  • 10.2.2 Canada
• 10.3 Europe
  • 10.3.1 UK
  • 10.3.2 Germany
  • 10.3.3 France
  • 10.3.4 Italy
  • 10.3.5 Spain
  • 10.3.6 Russia
  • 10.3.7 Nordics
• 10.4 Asia Pacific
  • 10.4.1 China
  • 10.4.2 India
  • 10.4.3 Japan
  • 10.4.4 South Korea
  • 10.4.5 ANZ
  • 10.4.6 Southeast Asia
• 10.5 Latin America
  • 10.5.1 Brazil
  • 10.5.2 Mexico
  • 10.5.3 Argentina
• 10.6 MEA
  • 10.6.1 UAE
  • 10.6.2 Saudi Arabia
  • 10.6.3 South Africa

Chapter 11 Company Profiles

• 11.1 Alltech Automotive
• 11.2 Cardone Industries
• 11.3 Delphi Technologies
• 11.4 GDST Auto Parts
• 11.5 GKN Automotive
• 11.6 Hitachi Astemo
• 11.7 Hyundai Mobis
• 11.8 JTEKT
• 11.9 Kartek
• 11.10 MAPCO Autotechnik
• 11.11 Maval Manufacturing
• 11.12 Mitsubishi Electric
• 11.13 Nexteer Automotive
• 11.14 NSK Ltd.
• 11.15 Robert Bosch
• 11.16 SEAT
• 11.17 Sheppard Steering
• 11.18 Tenneco
• 11.19 Turn One Steering
• 11.20 ZF Friedrichshafen