Companies Dominating the Electric Power Steering Market
- Denso Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Hitachi Automotive Systems
- Infineon Technologies AG
- JTEKT Corporation
- Mitsubishi Electric
- NSK, Ltd.
- Nexteer Automotive
- Robert Bosch
- Valeo Japan
- ZF Friedrichshafen AG
The electric power steering market is highly competitive, with key players focusing on technological innovation, regional expansion, and strategic collaborations. Leading companies in the industry include Denso Corporation, Hitachi Automotive Systems, Infineon Technologies AG, JTEKT Corporation, Mitsubishi Electric, NSK Ltd., Nexteer Automotive, Robert Bosch, Valeo Japan, and ZF Friedrichshafen AG. These companies are actively expanding their production capabilities to cater to the growing global demand for EPS systems.
The positive competition outlook has remained a major factor impacting on the advancement of the electric power steering market. For instance, in January 2025, ZF Friedrichshafen AG signed a major deal to provide brake-by-wire and EPS systems to a multinational Original Equipment Manufacturer (OEM). This development points to the fact that there is an increasing use of integrated by-wire technologies in the automotive sector. Due to these factors, EPS is gradually becoming an important element in the further development of vehicle steering and automation, influencing the demand during the forecast period.
Here are some leading companies in the electric power steering market:
