The United Kingdom automotive EPS market size reached nearly USD 1.49 Billion in 2024. The market is projected to grow at a CAGR of 6.10% between 2025 and 2034 to reach a value of around USD 2.69 Billion by 2034.
Other United Kingdom automotive EPS market players include Mitsubishi Electric Corporation, ZF Friedrichshafen AG, BMW AG, GKN Automotive Limited, JTEKT Corporation, NSK Ltd., and Hyundai Motor Company, among others.
Key Trends in the Market
Automotive EPS, variously known as an automotive electric power steering system, refers to a type of steering technology which uses electric motors to control the vehicle steering. EPS facilitates highly automated driving, smooth ride, enhanced accessibility, and improved driving performance.- Automotive EPS system improves fuel efficiency, eradicates the hassle of hydraulic fluid maintenance, and can be automatically adjusted to a crosswind or uneven road surface. Such advantages offered by EPS systems are fuelling the United Kingdom automotive EPS market growth.
- The thriving automotive sector in the United Kingdom is further boosting the incorporation of automotive EPS in passenger and commercial vehicles. Moreover, the increasing trend of autonomous vehicles is likely to surge the adoption of EPS systems that can monitor and automate steering movements.
- The rapid transition from traditional hydraulic steering systems towards EPS systems, owing to their lower maintenance, is one of the crucial United Kingdom automotive EPS market trends.
Market Segmentation
The report titled “United Kingdom Automotive EPS Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Product Type:
- Rack Assist Type (REPS)
- Column Assist Type (CEPS)
- Pinion Assist Type (PEPS)
Market Breakup by Component Type:
- Steering Rack/Column
- Sensor
- Steering Motor
- Others
Market Breakup by Vehicle Type:
- Passenger Cars
- Commercial Vehicles
Market Breakup by Sales Channel:
- Original Equipment Manufacturer (OEM)
- Aftermarket
Market Share by Component Type
Sensors account for a significant portion of the United Kingdom automotive EPS market share. EPS sensors offer excellent adjustability while handling steering. The lightweight benefits of the sensors enable the drivers to attain greater control over driving. Sensors also reduce the load on engines, which leads to higher fuel efficiency. Moreover, in EPS sensors, electric current is used as per requirement, which is a major advantage that improves vehicle performance.Market Share by Vehicle Type
As per the United Kingdom automotive EPS market analysis, passenger cars are expected to witness a healthy growth in the forecast period, owing to the increasing sales of electric and plug-in hybrid vehicles in the country. In addition, the development of advanced EPS systems with features such as crosswind compensation and lane keep assist, among others, is anticipated to fuel the segment’s growth in the coming years.Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the United Kingdom automotive EPS market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.Robert Bosch GmbH
Robert Bosch GmbH is a leading engineering company which manufactures home appliances, automotive components, power tools, garden tools, measuring tools, and smart home components, among others. The company was founded in 1886 and is headquartered in Gerlingen, Germany.Hitachi Limited
Hitachi Limited is a multinational corporation which develops and sells measurement and analytical systems, building systems, and automotive systems, among others. The automotive product portfolio of this company includes engine management, drive control, and car information systems, among others.Infineon Technologies AG
Infineon Technologies AG is a company which offers high-quality semiconductor and electronic systems for the automotive sector. The portfolio of the company includes connectivity, sensing, control, and power management systems, among others.Other United Kingdom automotive EPS market players include Mitsubishi Electric Corporation, ZF Friedrichshafen AG, BMW AG, GKN Automotive Limited, JTEKT Corporation, NSK Ltd., and Hyundai Motor Company, among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Automotive EPS Market Overview
6 United Kingdom Automotive EPS Market Overview
7 United Kingdom Automotive EPS Market by Product Type
8 United Kingdom Automotive EPS Market by Component Type
9 United Kingdom Automotive EPS Market by Vehicle Type
10 United Kingdom Automotive EPS Market by Sales Channel
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Robert Bosch GmbH
- Hitachi Limited
- Infineon Technologies AG
- Mitsubishi Electric Corporation
- ZF Friedrichshafen AG
- BMW AG
- GKN Automotive Limited
- JTEKT Corporation
- NSK Ltd.
- Hyundai Motor Company