Electric Power Steering (EPS) Market Size, Share, Trends, Demand, Growth and Competitive Analysis| MarkNtel
Electric Power Steering (EPS) Market Overview: 2025-2030 Base Year : 2024 Historical Years: 2020-23 Forecast Years: 2025-30 The Electric Power Steering (EPS) Market size was valued at around USD 26.96 billion in 2024 and is projected to reach USD 38.78 billion by 2030 . Along with this, the market is estimated to grow at a CAGR of around 6.2% during the forecast period, i.e., 2025-30. This market growth is observed due to the increase in the demand for electronic and hybrid vehicles, advancements in technology, rise in foreign direct investments (FDI) inflow, stringent regulations, and others. Markntel Advisor’s Electric Power Steering (EPS) Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Electric Power Steering (EPS) Market drivers, barriers, Electric Power Steering (EPS) Market Trends, and Key Players in Electric Power Steering (EPS) Market. Download a sample copy...