Automotive Power Steering Motor Market

By Vehicle Type;

Passenger Cars, Light Commercial Vehicles and Others

By Power-Steering Type;

Hydraulic and Others

By Product Type;

Rack-Assist EPS and Others

By Motor Technology;

Brushless DC Motor and Others

By Vehicle Propulsion;

ICE, BEV and Others

By Sales Channel;

OEM and Aftermarket

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn925227382 Published Date: September, 2025 Updated Date: October, 2025

Automotive Power Steering Motor Market Overview

Automotive Power Steering Motor Market (USD Million)

Automotive Power Steering Motor Market was valued at USD 548.30 million in the year 2024. The size of this market is expected to increase to USD 840.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


Automotive Power Steering Motor Market

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 548.30 Million
Market Size (2031)USD 840.92 Million
Market ConcentrationMedium
Report Pages338
548.30
2024
840.92
2031

Major Players

  • JTEKT
  • Nexteer Automotive
  • ZF / TRW
  • NSK
  • Showa
  • Thyssenkrupp
  • Delphi Automotive
  • Mobis
  • Mando Corp

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Automotive Power Steering Motor Market

Fragmented - Highly competitive market without dominant players



The Automotive Power Steering Motor Market is gaining significant traction as vehicles increasingly adopt advanced steering technologies. These motors are integral to ensuring precise control, reduced driver effort, and enhanced driving comfort. Nearly 65% of modern vehicles now rely on power steering motors, underscoring their crucial role in improving both safety and handling performance across various vehicle categories.

Rising Demand for Electric Systems
The shift toward electric power steering (EPS) is driving rapid growth within this market. Compared to traditional hydraulic systems, EPS motors provide better fuel efficiency, reduced emissions, and greater design flexibility. Around 70% of newly manufactured vehicles are equipped with EPS solutions, reflecting the industry’s strong move toward sustainable and energy-efficient technologies.

Focus on Safety and Comfort
With growing emphasis on vehicle safety and driver assistance, power steering motors are becoming a vital component in advanced driver assistance systems (ADAS). Features such as lane-keeping assist and automated steering rely heavily on motorized steering support. Approximately 55% of ADAS-enabled vehicles incorporate advanced steering motors, highlighting their expanding functional significance in modern mobility solutions.

Technological Innovations in Motor Design
Continuous innovation in motor efficiency and compact designs is reshaping the market landscape. Advanced brushless motors, integrated sensors, and control modules are helping manufacturers achieve smoother steering response with lower energy consumption. Notably, nearly 40% of new motor designs emphasize enhanced torque output while maintaining reduced power losses, marking a major step forward in product development.

Market Outlook and Growth Potential
The automotive power steering motor market is poised for consistent growth as automakers align with electrification trends and smarter mobility solutions. Expanding applications in electric and hybrid vehicles are further reinforcing its importance. With nearly 50% of industry collaborations now focused on integrating steering systems into autonomous driving platforms, the market is positioned for strong expansion in the years ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Power-Steering Type
    3. Market Snapshot, By Product Type
    4. Market Snapshot, By Motor Technology
    5. Market Snapshot, By Vehicle Propulsion
    6. Market Snapshot, By Sales Channel
    7. Market Snapshot, By Region
  4. Automotive Power Steering Motor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Electric Power Steering (EPS)
        2. Fuel Efficiency
        3. Increasing Vehicle Production
        4. Integration with Advanced Driver Assistance Systems (ADAS)
      2. Restraints
        1. Cost Constraints
        2. Reliability Concerns
        3. Supply Chain Disruptions
        4. Compatibility Issues
      3. Opportunities
        1. Electric and Autonomous Vehicles
        2. Emerging Markets Expansion
        3. Technological Innovation
        4. Lightweight Materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Automotive Power Steering Motor Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. Light Commercial Vehicles
      3. Others
    2. Automotive Power Steering Motor Market, By Power-Steering Type, 2021 - 2031 (USD Million)
      1. Hydraulic
      2. Others
    3. Automotive Power Steering Motor Market, By Product Type, 2021 - 2031 (USD Million)
      1. Rack-Assist EPS
      2. Others
    4. Automotive Power Steering Motor Market, By Motor Technology, 2021 - 2031 (USD Million)
      1. Brushless DC Motor
      2. Others
    5. Automotive Power Steering Motor Market, By Vehicle Propulsion, 2021 - 2031 (USD Million)
      1. ICE
      2. BEV
      3. Others
    6. Automotive Power Steering Motor Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    7. Automotive Power Steering Motor Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. JTEKT
      2. Nexteer Automotive
      3. ZF / TRW
      4. NSK
      5. Showa
      6. Thyssenkrupp
      7. Delphi Automotive
      8. Mobis
      9. Mando Corp
  7. Analyst Views
  8. Future Outlook of the Market