Europe Automotive Electric Power Steering Market

Europe Automotive Electric Power Steering Market Size & Forecast:

• Europe Automotive Electric Power Steering Market Size 2025: USD 5187.4 Million 
• Europe Automotive Electric Power Steering Market Size 2033: USD 8845.5 Million 
• Europe Automotive Electric Power Steering Market CAGR:6.90% 
• Europe Automotive Electric Power Steering Market Segments: By Component (Steering ColuMillion, Sensors, ECU, Motors, Others); By Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles, Others); By Type (ColuMillion Assist EPS, Pinion Assist EPS, Rack Assist EPS, Others); By Technology (Brushless Motors, Conventional Motors, Others); By Sales Channel (OEM, Aftermarket, Others); By End User (Automotive Manufacturers, Fleet Operators, Others) 

Europe Automotive Electric Power Steering Market Summary

The Europe Automotive Electric Power Steering Market was valued at USD 5187.4 Million in 2025. It is forecast to reach USD 8845.5 Million by 2033. That is a CAGR of 6.90% over the period.

The Europe Automotive Electric Power Steering Market helps cars steer better while using engine power and supporting things like automatic parking and highway driving help. Electric power steering is better than hydraulic systems because it saves energy needs less maintenance and can be controlled by computers for things like lane keeping and automated parking. That is why electric power steering is a part of most cars, electric vehicles and new commercial vehicles.

Over the few years the market has changed from old hydraulic steering to electric steering that is controlled by software. This happened because car makers wanted to make their vehicles more electric and develop computer systems for their cars. The European rules to reduce carbon emissions got stricter. There were problems getting semiconductors in 2021 and 2022 so companies had to change how they get the parts they need for steering electronics and control units.

The Europe Automotive Electric Power Steering Market is growing now because more electric vehicles are being made and more cars have safety features like automatic emergency braking. Car makers like power steering because it makes cars more efficient helps with autonomous driving and is easy to integrate with other computer systems. This change means that the parts for electric power steering are worth more and companies that make these parts can make money in Europe. The Europe Automotive Electric Power Steering Market is doing well because of the growth of vehicles and the use of advanced safety features, in cars.

Key Market Insights

• Western Europe leads the Europe Automotive Electric Power Steering Market with a 48% share in 2025 because it makes vehicles and does advanced car research.
•  Central and Eastern Europe will grow the fastest until 2033 as car makers build factories and invest more in the regions car industry.
• Rack-assist electric power steering is the part of the market since luxury cars need precise steering and advanced safety features.
• Pinion-assist EPS is the biggest segment because many compact and mid-sized cars use it and it has been popular since 2022.
• Electric vehicles need power steering the most because it helps them use less energy and go farther.
• Passenger cars still make up most of the demand with over 70% of EPS installations in cars made in 2025.
• More commercial vehicles are using power steering since 2023 because it helps them use less fuel have safer features and cost less to maintain.
• Companies like Bosch, JTEKT, NSK, Nexteer Automotive and ZF are working on steering technologies like steer-, by-wire and AI-controlled systems.
• Car makers and steering suppliers are partnering often since 2022 to make new car platforms.
• The Europe Automotive Electric Power Steering Market is moving towards steering systems that help car makers have a bigger market share make cars safer and grow the industry.

What are the Key Drivers, Restraints, and Opportunities in the Europe Automotive Electric Power Steering Market?

Drivers

The main reason the Europe Automotive Electric Power Steering Market is growing fast is that people are switching to electric cars and using more technology in their vehicles. The European rules about carbon emissions are getting stricter and more cars are being made with safety features. This is why car makers are using electric power steering of the old hydraulic system in their new cars. Electric power steering only uses energy when it is needed to help the driver. It also helps with other safety features like keeping the car in its lane and automatic parking. This is why car makers are using electric power steering more and more. It is making the steering systems in cars more valuable.

Restraints

The biggest problem with electric power steering is that it needs parts like semiconductors and sensors. These parts are hard to make and come from around the world so if there is a problem with the supply chain it can cause big delays. When there are not enough of these parts it costs more to make cars. It takes longer to get them to the customers. This means that the companies that make these parts do not get paid quickly as they would like even though they know they will be needed for a long time.

Opportunity

There is an opportunity for companies that can make a new kind of steering system called steer-by-wire. This system is especially useful in electric cars and in cars that can drive themselves. Countries like Germany that make a lot of cars are investing in this technology. Companies that can make steer-by-wire systems and the software that goes with them will be able to work with car makers for a long time and will be more competitive from 2026, to 2033. The Europe Automotive Electric Power Steering Market is going to keep growing because of these technologies and the Europe Automotive Electric Power Steering Market will be an important part of the car industry.

What Has the Impact of Artificial Intelligence Been on the Europe Automotive Electric Power Steering Market?

Electric power steering systems are getting better because of intelligence and new digital technologies. These technologies are helping to make steering easier to control making vehicles safer and helping to make manufacturing more efficient. The computer that controls the steering is using intelligence to look at how the steering wheel is turned how fast the vehicle is going, the condition of the road and what the driver is doing. It uses this information to make adjustments to the steering in time.Car makers are also using intelligence to check the quality of the parts and to make the manufacturing process more automated. This helps to find problems with the parts make sure everything is put together correctly and reduce the time the factory is not working.

Artificial intelligence is also being used to predict when parts might need to be fixed. It looks at information from the steering motor the sensors that measure how much force is being used and the computer that controls the steering. This helps to find problems before they become issues. It also helps to make the steering work better by changing how it responds to driving conditions and how much weight the vehicle is carrying. Engineers can also use computer models to test how the steering will work before they even build the vehicle. This saves time. Helps to make sure the steering works correctly.

All these new technologies are making vehicles more reliable, stable and reducing the need for repairs. They are also helping to reduce the cost of maintaining the vehicle over its lifetime. Artificial intelligence is also helping vehicles to use energy, which is good for electric vehicles because they can go further on a single charge. However it is expensive to add intelligence to the complex computer systems, in vehicles and it takes a lot of time to make sure it is safe and secure.

Key Market Trends

• European car makers have been using electric steering systems in cars since 2022. They did this to meet the rules about carbon dioxide emissions.
• After 2023 companies like Bosch, ZF and Nexteer Automotive started working on steer-by-wire technology. This is a system that uses software to control the steering.
• As more electric cars are being made people want steering systems that use energy and help the car go farther. Electric vehicle production is changing the way steering systems are made.
• Electric steering systems are getting better because of intelligence. Since 2023 these systems have been able to keep the car in its lane accurately and help the driver more.
• In 2024 the companies that make the parts for steering systems were able to get the parts they needed on time. This meant they could make steering systems and deliver them to car makers without delays.
• Car makers like it when all the parts of the steering system are put together in one place. This makes the system simpler and easier to use. They want steering platforms that have sensors, computers and electric motors all in one.
• After 2022 car makers and steering system suppliers started working more. They did this to develop technology for cars that can drive themselves.
• Now car makers care more about keeping their cars safe from hackers and making sure the steering systems work properly. This is because the steering systems are using software.
• Companies like JTEKT, NSK, Bosch, ZF and Nexteer Automotive are expanding their engineering teams around the world. They are doing this to support the development of electric and autonomous cars.
• People who own fleets of cars are choosing cars with advanced electric power steering. They do this because these systems need maintenance, which saves them money over the life of the car. Electric power steering is a choice, for fleet operators because it reduces total operating costs.

Europe Automotive Electric Power Steering Market Segmentation

By Component

Steering coluMillions are still a part of electric power steering systems. They help transmit what the driver does with stability and accuracy. Sensors and electronic control units are getting more important. They help process data which enables better steering and works well with driver assistance features. Electric motors help with steering. Make vehicles more efficient and less complicated. Getting better at making sensors accurate controllers work well. Motors reliable will make the whole system better. This will help more vehicles use electric power steering.

By Vehicle Type

Passenger cars need power steering the most. This is because makers keep adding steering tech to regular and luxury models. Commercial vehicles use electric power steering to make it easier to drive reduce maintenance and make drivers more comfortable. Electric vehicles are the growing area. They need steering systems that use energy and work well with digital vehicle tech. Companies keep developing products that meet the needs of vehicle types.

By Type

ColuMillion assist systems are still popular in vehicles. They are simple and cost-effective which is good for making a lot of vehicles. Pinion assist solutions work well for -sized cars. They balance performance and cost. Rack assist systems are used more in luxury and sport utility vehicles. They offer precision and work well with advanced driver assistance. The type of system used depends on the vehicles weight steering needs and how it will be integrated.

By Technology

Brushless motors are used the most in electric power steering systems. They are efficient need maintenance and last longer. Regular motors are still used in some cases where cost's a concern. Companies are improving motor control software and power electronics. This will make brushless motors more popular. Makers focus on motor tech to improve energy use and support future autonomous driving.

By Sales Channel

Most electric power steering systems are sold to vehicle makers. They are installed during production and work with electronic control systems. The aftermarket is growing. This is because replacement parts and upgrades are needed over time. Service providers focus on parts that meet standards. Strong relationships between suppliers and makers will help with long-term agreements and product development.

By End User

Vehicle makers are the users of electric power steering. They add steering tech to new vehicles. Fleet operators, like electric power steering. It makes their vehicles more reliable reduces maintenance and improves fuel efficiency. This lowers their costs. Other users include vehicle builders. They have steering needs. Investing in steering tech will improve performance and support future mobility solutions.

What are the Key Use Cases Driving the Europe Automotive Electric Power Steering Market?

Passenger cars are the thing people use because electric power steering makes steering easier it uses less energy and it helps with advanced driver assistance features. The people who make vehicles need these systems to make the cars use energy and to make driving more comfortable. A lot of cars are made so this is the reason people want these systems.

Some companies that use trucks are starting to use electric power steering too. They want to spend money on maintenance and they want the trucks to be easier to drive in the city. The companies that make electric vehicles also want these systems because they help the battery longer and they work well with the vehicles computer.

There are some things that people are starting to use, like steer-by-wire systems for cars that drive themselves. Some nice electric vehicles are starting to use these systems because the rules and safety tests are getting better. More people are putting money into mobility platforms so there will be more chances for smart steering solutions in the future. Passenger cars and electric vehicles will keep using these systems. They will be important, for the companies that make vehicles.

Which Regions are Driving the Europe Automotive Electric Power Steering Market Growth?

Western Europe leads the Europe Automotive Electric Power Steering Market due to its strong automotive manufacturing base, advanced research capabilities, and strict vehicle emission regulations. Germany, France, and the United Kingdom account for a significant share of regional vehicle production and steering system innovation. High investment in electric vehicles and advanced driver assistance technologies supports continuous demand for next-generation steering systems. A well-established supplier network and close collaboration between OEMs and component manufacturers reinforce the region's leadership.

Southern Europe ranks as the second-largest regional contributor with growth supported by stable automotive production and consistent investment in vehicle assembly operations. Unlike Western Europe, this region benefits from cost-competitive manufacturing and expanding supplier facilities rather than research intensity. Spain and Italy maintain steady demand through strong export-oriented vehicle production and gradual adoption of advanced steering technologies. Harmonized European automotive regulations provide long-term market stability and encourage continued investment.

Central and Eastern Europe represents the fastest-growing region as global automakers expand production capacity across Poland, Hungary, the Czech Republic, and Slovakia. Recent investment in electric vehicle manufacturing plants and localized component production has strengthened demand for electric power steering systems. Government incentives supporting industrial development and supply chain localization have accelerated this transition since 2023. This momentum will create attractive opportunities for steering component suppliers and investors seeking long-term growth between 2026 and 2033.

Who are the Key Players in the Europe Automotive Electric Power Steering Market and How Do They Compete?

The Europe Automotive Electric Power Steering Market is moderately consolidated, with global steering system suppliers competing through technology leadership, manufacturing scale, and long-term relationships with automotive OEMs. Incumbent companies continue strengthening their positions by expanding software capabilities, improving steering efficiency, and supporting electric and autonomous vehicle platforms. Competition depends less on price and more on functional safety, steering precision, system integration, and the ability to deliver high-volume production with consistent quality. New entrants face significant barriers because advanced steering systems require extensive validation, regulatory compliance, and long product development cycles.

Bosch focuses on software-defined steering systems and integrated electronic architectures that improve compatibility with advanced driver assistance features. ZF differentiates through steer-by-wire development and close partnerships with European vehicle manufacturers, allowing faster integration into next-generation platforms. JTEKT expands its position by improving motor efficiency and steering response while strengthening engineering collaboration with global OEMs. NSK emphasizes compact steering designs and lightweight components that support vehicle electrification and energy efficiency. Nexteer Automotive invests in advanced motion control technologies and expands regional engineering capabilities to support electric vehicle programs, helping manufacturers accelerate product launches and improve steering performance across multiple vehicle segments.

Company List

• Bosch
• JTEKT
• NSK
• Nexteer Automotive
• ZF Friedrichshafen
• Hyundai Mobis
• Mando
• Hitachi Astemo
• Denso
• Schaeffler
• Valeo
• Continental
• Aptiv
• Marelli
• Thyssenkrupp

Recent Development News

• In March 2025, Milestone Aviationsigned lease agreements with Offshore Helicopter Services UK (OHS) for four additional helicopters and extended leases on four existing aircraft. The transaction supports offshore energy and search-and-rescue operations in the United Kingdom, strengthening helicopter leasing activity in the European market.https://www.milestoneaviation.com
• In March 2025, Milestone Aviationcompleted a purchase-and-leaseback agreement for two new Leonardo AW189 helicopters with Vår Energi. The helicopters will support offshore transport on the Norwegian Continental Shelf, reinforcing demand for long-term helicopter leasing in Europe's offshore energy sector.https://www.milestoneaviation.com
• In May 2025, Heli Transairannounced a change in shareholder structure after CK Invest GmbH acquired a 90% stake in the company. The investment is expected to expand fleet capabilities, geographic coverage, and helicopter service operations, supporting future leasing and aviation service growth in Europe.https://www.helitransair.com

What Strategic Insights Define the Future of the Europe Automotive Electric Power Steering Market?

The Europe automotive electric power steering market is structurally moving toward software-defined steering systems that support higher levels of vehicle automation, electrification, and over-the-air software updates. Over the next five to seven years, demand will be driven less by basic steering assistance and more by the integration of electric power steering with advanced driver assistance systems, automated parking, and future steer-by-wire architectures. This transition will strengthen the role of software, sensors, and electronic control units as key sources of competitive differentiation.

A less visible risk is the growing dependence on a limited number of semiconductor and precision sensor suppliers, which could create supply bottlenecks and increase costs during periods of geopolitical or trade disruption. An emerging opportunity lies in steer-by-wire deployment for premium electric vehicles, particularly as European regulations evolve to accommodate next-generation steering technologies. Market participants should prioritize investment in software-enabled, modular electric power steering platforms with functional safety certification, allowing faster adaptation to evolving vehicle architectures while securing long-term partnerships with European automakers.

Europe Automotive Electric Power Steering Market Report Segmentation

By Component

• Steering ColuMillion
• Sensors
• ECU
• Motors
• Others

By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• Electric Vehicles
• Others

By Type

• ColuMillion Assist EPS
• Pinion Assist EPS
• Rack Assist EPS
• Others

By Technology

• Brushless Motors
• Conventional Motors
• Others

By Sales Channel

• OEM
• Aftermarket
• Others

By End User

• Automotive Manufacturers
• Fleet Operators
• Others