LIVE Talk

The Rising Demand for Automotive Electric Power Steering Systems

The global automotive industry is undergoing a significant transformation, with increasing focus on efficiency and safety. According to Market Research Future’s Automotive Electric Power Steering Market Report, the demand for Electric Power Steering (EPS) systems is expanding rapidly due to their lightweight design, enhanced driving comfort, and fuel efficiency benefits. Unlike traditional hydraulic systems, EPS eliminates the need for pumps and fluids, reducing maintenance costs while improving vehicle handling.

One of the key drivers of this growth is the rising adoption of advanced driver assistance systems (ADAS) and the global push toward autonomous driving. EPS plays a crucial role in these technologies by enabling precise steering control, lane-keeping assistance, and integration with safety sensors. Moreover, the surge in electric vehicle (EV) adoption further fuels EPS demand since it contributes to improved battery efficiency and range.

Leading automotive manufacturers are heavily investing…