Electric Power Steering (EPS) Sensor Market

Electric Power Steering (EPS) Sensor Market - Trends, Growth, including COVID19 Impact, Forecast

Posted 2025-07-02 12:03:44

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Global Electric Power Steering (EPS) Sensor Market Research Report 2025(Status and Outlook)

The global Electric Power Steering (EPS) Sensor Market size was valued at US$ 1.92 billion in 2024 and is projected to reach US$ 3.46 billion by 2032, at a CAGR of 8.74% during the forecast period 2025-2032. The increasing adoption of fuel-efficient vehicles and stringent government regulations on vehicle emissions are key drivers propelling market growth.

EPS sensors are critical components in modern automotive steering systems that detect driver input torque and steering wheel position, enabling precise electric motor assistance. These sensors include Torque-Only Sensors (TOS) and Torque-Angle Sensors (TAS), which provide real-time data to control modules for optimized steering performance. The transition from hydraulic to electric power steering systems across passenger and commercial vehicles has significantly boosted sensor demand, with over 85% of new vehicles globally now equipped with EPS technology.

Market expansion is further supported by the automotive industry’s shift toward autonomous driving features, where EPS sensors play a vital role in advanced driver-assistance systems (ADAS). Leading manufacturers like Robert Bosch and Valeo are investing heavily in sensor miniaturization and reliability improvements to meet evolving OEM requirements. The Asia-Pacific region dominates the market, accounting for 48% of global EPS sensor demand in 2023, driven by rapid vehicle production in China, Japan, and India.

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Segment Analysis:

By Type

Torque Angle Sensor (TAS) Segment Leads the Market Due to Better Accuracy and Reliability

The market is segmented based on type into:

Torque Only Sensor (TOS)
Torque Angle Sensor (TAS)

By Application

Passenger Vehicle Segment Dominates Due to Increasing Demand for Fuel-Efficient Steering Systems

The market is segmented based on application into:

Passenger Vehicle
- Subtypes: Hatchbacks, Sedans, SUVs
Commercial Vehicle
- Subtypes: Light Commercial Vehicles, Heavy Commercial Vehicles

By Vehicle Type

Electric Vehicles Segment Shows Rapid Growth Due to Government Incentives and Environmental Regulations

The market is segmented based on vehicle type into:

Internal Combustion Engine Vehicles
Hybrid Electric Vehicles
Battery Electric Vehicles

By Sales Channel

OEM Segment Holds Majority Share Due to Direct Integration in Vehicle Manufacturing Process

The market is segmented based on sales channel into:

Original Equipment Manufacturers (OEM)
Aftermarket

Regional Analysis: Global Electric Power Steering (EPS) Sensor Market

North America
The North American EPS sensor market is characterized by high technological adoption and stringent regulatory standards prioritizing vehicle safety and efficiency. The U.S. leads the region due to strong demand from OEMs and stringent fuel economy regulations (e.g., Corporate Average Fuel Economy standards). Canada and Mexico are witnessing gradual growth, supported by regional manufacturing expansions. Key players like Robert Bosch and Methode Electronics dominate the market, supplying advanced torque sensors compatible with autonomous driving systems. The shift toward electrification and Advanced Driver Assistance Systems (ADAS) is accelerating demand, with EPS sensors playing a critical role in steering precision.

Europe
Europe’s EPS sensor market is driven by strict emissions regulations (EU Euro 7 norms) and rapid electrification of vehicles. Germany remains the hub for innovation, hosting R&D centers of major automotive suppliers like HELLA and Valeo. The UK and France follow closely, with increasing investments in autonomous vehicle technologies. Eastern Europe is emerging as a cost-effective manufacturing base, attracting sensor suppliers. The dual focus on fuel efficiency and safety compliance positions EPS sensors as a key component, particularly in luxury and electric vehicles.

Asia-Pacific
As the largest automotive production hub globally, the Asia-Pacific region dominates EPS sensor adoption. China accounts for over 40% of global demand, fueled by its booming EV market and government mandates favoring EPS systems. Japan and South Korea contribute significantly due to their technologically advanced automotive sectors. India is a high-growth market, with cost-sensitive consumers gradually transitioning from hydraulic to EPS systems. Local players compete aggressively on price, though international brands maintain a stronghold in premium segments. The region’s focus on affordability and localized production shapes sensor design and sourcing strategies.

South America
The South American EPS sensor market faces challenges due to economic instability and fluctuating vehicle production volumes. Brazil is the largest market, though adoption rates lag behind global averages due to consumer preference for low-cost vehicles. Argentina and Colombia show potential, driven by urbanization and gradual automotive modernization. While foreign suppliers operate here, local manufacturing remains limited. The market’s growth hinges on economic recovery and reinvestment in the automotive sector.

Middle East & Africa
This region presents a nascent but opportunistic market for EPS sensors. The UAE and Saudi Arabia lead in luxury vehicle sales, driving demand for advanced steering systems. Africa’s automotive industry is fragmented, with South Africa acting as a regional hub for assembly plants. Challenges include low vehicle electrification rates and aftermarket dominance of hydraulic systems. However, infrastructure developments and urbanization are expected to gradually boost EPS adoption.

List of Key Electric Power Steering (EPS) Sensor Companies Profiled

Robert Bosch GmbH (Germany)
HELLA GmbH & Co. KGaA (Germany)
LG Innotek (South Korea)
Valeo SA (France)
Methode Electronics, Inc. (U.S.)
Denso Corporation (Japan)
Continental AG (Germany)
TT Electronics plc (UK)
Infineon Technologies AG (Germany)

The global shift toward electric vehicles (EVs) is creating significant momentum for Electric Power Steering (EPS) sensors due to their critical role in energy efficiency and vehicle dynamics. Unlike traditional hydraulic systems, EPS systems reduce power consumption by up to 4% in combustion engines and are even more efficient in EVs where energy conservation is paramount. With EV sales projected to reach 30 million units annually by 2030, automakers are prioritizing lightweight and precise steering solutions that integrate advanced EPS sensors for optimal performance.

Global emission standards continue to tighten, with regions like Europe targeting a 55% reduction in vehicular CO2 emissions by 2030. EPS systems directly contribute to fuel savings by eliminating hydraulic fluid requirements and reducing engine load. Automakers complying with these regulations are increasingly adopting column-assist and dual-pinion EPS systems that rely on torque sensors for precise directional control. This regulatory push has resulted in EPS systems now being fitted in approximately 90% of new passenger vehicles worldwide, creating sustained demand for associated sensors.

Emerging magnetoelastic and optical sensing methods eliminate mechanical wear in EPS systems while improving measurement resolution below 0.1°. These technologies align with the automotive industry’s shift toward maintenance-free components, particularly in high-mileage commercial vehicles where traditional contact sensors show degradation after 200,000 operational cycles. Leading suppliers anticipate non-contact variants will capture 40% of the EPS sensor market within five years.

The evolution toward autonomous vehicles presents transformative potential for EPS sensor manufacturers. Level 3+ autonomy requires redundant sensor architectures with fail-operational capabilities, effectively doubling the sensor content per vehicle. Collaboration between steering system suppliers and autonomous tech developers has already resulted in prototype systems featuring triple-redundant torque sensing with cross-validation algorithms.

The market is highly fragmented, with a mix of global and regional players competing for market share. To Learn More About the Global Trends Impacting the Future of Top 10 Companies https://semiconductorinsight.com/download-sample-report/?product_id=95884

Key Questions Answered by the Electric Power Steering (EPS) Sensor Market Report:

What is the current market size of Global Electric Power Steering (EPS) Sensor Market?
Which key companies operate in Global Electric Power Steering (EPS) Sensor Market?
What are the key growth drivers?
Which region dominates the market?
What are the emerging trends?

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