The Active Power Steering Market is estimated at US$14.9 billion in 2026 and is projected to grow at a CAGR of 12.4% to reach US$38 billion by 2034.
Steering feel, functional performance and integration with vehicle controls shape design decisions; validation requirements influence development and supply relationships.
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Market Overview
The Active Power Steering Market covers steering systems that actively adjust steering assistance or response in vehicles.Steering feel, functional performance and integration with vehicle controls shape design decisions; validation requirements influence development and supply relationships.
Market Segmentation
By Steering Type
- Hydraulic Power Steering (HPS)
- Electric Power Steering (EPS)
- Electro-Hydraulic Steering (EHPS)
- Steer-by-Wire
By Propulsion Type
- Internal Combustion Engine (ICE)
- Battery Electric Vehicle (BEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Hybrid Electric Vehicle (HEV)
- Fuel Cell Electric Vehicle (FCEV)
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles (LCV)
- Medium and Heavy Commercial Vehicles (MHCV)
- Buses & Coaches
By Component
- Steering Column
- Steering Rack
- Sensors
- Control Modules
- Others
Key Companies Analysed
- JTEKT
- Nexteer Automotive
- Robert Bosch
- NSK
- ZF Friedrichshafen
- Hyundai Mobis
- Mando
- Thyssenkrupp
- Hitachi Astemo
- Mitsubishi Electric
- KYB
- Schaeffler
- Continental
- Denso
- BorgWarner
- Sona Comstar
- Mahle
- Aptiv
- Knorr-Bremse
- GKN Automotive
Geographic Coverage
- North America - Market data and outlook to 2034
- United States
- Canada
- Mexico
- Europe - Market data and outlook to 2034
- Germany
- United Kingdom
- France
- Italy
- Spain
- Netherlands
- Switzerland
- Poland
- Sweden
- Russia
- Asia-Pacific - Market data and outlook to 2034
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Malaysia
- Vietnam
- Middle East and Africa - Market data and outlook to 2034
- Saudi Arabia
- South Africa
- Iran
- UAE
- Egypt
- South and Central America - Market data and outlook to 2034
- Brazil
- Argentina
- Chile
- Peru
Report Delivery and Support
- Updated PDF report and an MS Excel workbook containing market tables and figures.
- 7-day post-sale analyst support for clarifications and in-scope supplementary data.
- Complimentary report update covering the latest available data and relevant market developments.
This product will be delivered within 1-3 business days.
Table of Contents
1. Contents and Report Guide
2. Global Active Power Steering Market Overview
3. Active Power Steering Market Dynamics
4. Active Power Steering Market Strategic Analysis
5. Global Active Power Steering Market Size, Share and Forecast, 2025-2034
6. North America Active Power Steering Market Outlook to 2034
7. Europe Active Power Steering Market Outlook to 2034
8. Asia-Pacific Active Power Steering Market Outlook to 2034
9. Middle East and Africa Active Power Steering Market Outlook to 2034
10. South and Central America Active Power Steering Market Outlook to 2034
11. Active Power Steering Market Competitive Landscape
12. Appendix
Companies Mentioned
- JTEKT
- Nexteer Automotive
- Robert Bosch
- NSK
- ZF Friedrichshafen
- Hyundai Mobis
- Mando
- Thyssenkrupp
- Hitachi Astemo
- Mitsubishi Electric
- KYB
- Schaeffler
- Continental
- Denso
- BorgWarner
- Sona Comstar
- Mahle
- Aptiv
- Knorr-Bremse
- GKN Automotive
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 160 |
| Published | October 2026 |
| Forecast Period | 2026 - 2034 |
| Estimated Market Value ( USD | $ 14.9 Billion |
| Forecasted Market Value ( USD | $ 38 Billion |
| Compound Annual Growth Rate | 12.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
