유럽의 자동차용 EPS : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the European electric power steering market size was valued at USD 7.76 billion in 2025 and is estimated to grow from USD 8.16 billion in 2026 to reach USD 10.74 billion by 2031, at a CAGR of 5.65% during the forecast period (2026-2031).

This report is Segmented by Type (Column Type, Pinion Type, and More), Component Type (Steering Rack/Column, Sensor, and More), Vehicle Type (Passenger Cars, Commercial Vehicles), Propulsion Type (Internal Combustion Engine Vehicles, Hybrid Vehicles, and More), and Country (Germany, United Kingdom, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

Europe Automotive EPS Market Trends and Insights

Rising Adoption of Advanced Driver-Assistance Systems

Advanced driver-assistance systems are a major source of demand for automotive electric power steering in Europe. Lane-keeping assist, pedestrian avoidance, and traffic-jam assist require precise steering corrections and electronic feedback. Hydraulic steering does not provide the same closed-loop control capability. Regulation (EU) 2019/2144 requires specified safety systems for new vehicle types, which supports steering architectures compatible with these functions. Euro NCAP's 2026 protocol places vehicle assessment around Safe Driving, Crash Avoidance, Crash Protection, and Post-Crash Safety, with greater attention to automated interventions . Manufacturers are therefore extending ADAS-ready steering to more mid-volume platforms, which favors systems capable of managing closed-loop steering control.

Increasing Electrification of Passenger and Commercial Vehicles

The move to electric powertrains provides a firm demand base for the European electric power steering market. In the first half of 2026, battery electric vehicle registrations grew 35% year over year and accounted for 22% of new vehicle registrations across Europe . Electric trucks and buses require higher-torque steering systems than passenger vehicles. Their adoption of electric power steering is still in its early stages because hydraulic steering remains common in those applications. This leaves commercial vehicles positioned to contribute more strongly during the later years of the forecast period.

High System Cost Compared With Hydraulic and Electrohydraulic Alternatives

Electric power steering has higher bill-of-materials costs than hydraulic steering at comparable torque levels. The difference can put pressure on margins for value-segment vehicles and delay conversion in some commercial vehicle lines. Smaller and price-sensitive platforms are particularly relevant in Southern and Eastern Europe. Some manufacturers retain electrohydraulic systems where a lower upfront cost outweighs the operating benefit of a fully electric system. Electrohydraulic steering also remains present in heavy commercial vehicles, where electric steering torque capacity was historically limited. ZF's production of 100 million electric power steering systems illustrates the role of volume in reducing unit costs. However, redundant sensors and dual-channel actuators preserve a cost premium for ADAS-grade systems.

Other drivers and restraints analyzed in the detailed report include:

1. Stricter European Vehicle Safety and Emissions Requirements
2. Growing Demand for Software-Defined Steering Functions
3. Semiconductor, Sensor, and Rare-Earth Component Supply Exposure

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Column-type electric power steering held 60.15% in 2025. Its position reflects its fit with front-wheel-drive vehicle packaging and its lower cost and simpler integration for high-volume models. These factors remain relevant for European passenger vehicles where steering fitment is already widespread. Pinion-type systems serve mid-torque uses where column packaging is less suitable. They are used in larger passenger vehicles and light commercial applications. The European electric power steering market continues to support this architecture where vehicle layout and torque requirements call for it, particularly when manufacturers prioritize familiar packaging, simpler assembly, and cost control on high-volume vehicle programs.

The dual-pinion type is forecast to grow at a 9.48% CAGR from 2026 to 2031. It can provide primary and redundant steering torque, which supports ASIL-D-rated systems and higher levels of vehicle automation. Manufacturers with active automation programs are allocating future platform work to redundant steering designs. UNECE R79 requirements for higher automation levels make fail-operational steering more important. ZF's series-production steer-by-wire system for Mercedes-Benz shows the direction of premium steering investment in Europe. Thyssenkrupp Presta is also developing electromechanical steering actuators and column assemblies for next-generation redundant systems.

Steering Rack/Column components held 40.33% in 2025. Their share reflects the cost weight of the mechanical actuator assembly in each electric power steering unit. Steering motors are becoming more differentiated as brushless permanent-magnet designs replace earlier brushed designs. These motors offer lower noise and greater torque density. They also increase exposure to the rare-earth magnet supply. Electronic control units and wiring harnesses make up the remaining component categories.

Sensors are forecast to grow at an 8.12% CAGR from 2026 to 2031 within the European electric power steering market. Torque, angle, and road-surface sensing are moving from single measurements to multi-axis data sets that support both steering control and ADAS functions. Nexteer's MotionIQ platform uses sensor information for Road Surface Detection and Hands-Off Detection. This makes the sensor-software combination more valuable in safety-rated applications. Suppliers with sensor-fusion software certified to ISO 26262 can be less exposed to hardware commoditization. The number of sensors per unit can rise as redundancy requirements increase, even if individual sensor prices decline with volume.

Complete Report Scope:

• By Type
  • Column Type
  • Pinion Type
  • Dual Pinion Type
• By Component Type
  • Steering Rack/Column
  • Sensor
  • Steering Motor
  • Other Component Types
• By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
• By Propulsion Type
  • Internal Combustion Engine Vehicles
  • Hybrid Vehicles
  • Battery Electric Vehicles
• By Country
  • Germany
  • United Kingdom
  • France
  • Italy
  • Russia
  • Rest of Europe

List of Companies Covered in this Report:

1. JTEKT Corporation
2. Robert Bosch GmbH
3. Nexteer Automotive
4. ZF Friedrichshafen AG
5. Denso Corporation
6. NSK Ltd.
7. Hyundai Mobis Co. Ltd.
8. Thyssenkrupp Presta AG
9. Continental AG
10. Knorr-Bremse AG
11. HL Mando Corporation
12. Mitsubishi Electric Corporation
13. Astemo Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rising Adoption of Advanced Driver-Assistance Systems
  • 4.2.2 Increasing Electrification of Passenger and Commercial Vehicles
  • 4.2.3 Stricter European Vehicle Safety and Emissions Requirements
  • 4.2.4 Growing Demand for Software-Defined Steering Functions
  • 4.2.5 Integration of Steering Systems With Vehicle Motion-Control Architectures
  • 4.2.6 Increasing Deployment of Steer-by-Wire-Ready Architectures
• 4.3 Market Restraints
  • 4.3.1 High System Cost Compared With Hydraulic and Electrohydraulic Alternatives
  • 4.3.2 Semiconductor, Sensor, and Rare-Earth Component Supply Exposure
  • 4.3.3 Functional-Safety and Cybersecurity Validation Complexity
  • 4.3.4 Limited Repairability and High Replacement Costs After Electronic or Motor Failures
• 4.4 Value / Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Buyers/Consumers
  • 4.7.3 Bargaining Power of Suppliers
  • 4.7.4 Threat of Substitute Products
  • 4.7.5 Intensity of Competitive Rivalry

5 Market Size and Growth Forecasts (Value (USD) and Volume (Units))

• 5.1 By Type
  • 5.1.1 Column Type
  • 5.1.2 Pinion Type
  • 5.1.3 Dual Pinion Type
• 5.2 By Component Type
  • 5.2.1 Steering Rack/Column
  • 5.2.2 Sensor
  • 5.2.3 Steering Motor
  • 5.2.4 Other Component Types
• 5.3 By Vehicle Type
  • 5.3.1 Passenger Cars
  • 5.3.2 Commercial Vehicles
• 5.4 By Propulsion Type
  • 5.4.1 Internal Combustion Engine Vehicles
  • 5.4.2 Hybrid Vehicles
  • 5.4.3 Battery Electric Vehicles
• 5.5 By Country
  • 5.5.1 Germany
  • 5.5.2 United Kingdom
  • 5.5.3 France
  • 5.5.4 Italy
  • 5.5.5 Russia
  • 5.5.6 Rest of Europe

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, SWOT Analysis, and Recent Developments)
  • 6.4.1 JTEKT Corporation
  • 6.4.2 Robert Bosch GmbH
  • 6.4.3 Nexteer Automotive
  • 6.4.4 ZF Friedrichshafen AG
  • 6.4.5 Denso Corporation
  • 6.4.6 NSK Ltd.
  • 6.4.7 Hyundai Mobis Co. Ltd.
  • 6.4.8 Thyssenkrupp Presta AG
  • 6.4.9 Continental AG
  • 6.4.10 Knorr-Bremse AG
  • 6.4.11 HL Mando Corporation
  • 6.4.12 Mitsubishi Electric Corporation
  • 6.4.13 Astemo Ltd.

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-need Assessment