India Automotive Electric Power Steering Market (2026-2032) | Analysis, Competitive Landscape, Trends, Forecast, Companies, Size & Revenue, Share, Growth, Industry, Segmentation, Outlook, Value

Name: India Automotive Electric Power Steering Market | Size 2032
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Motor Assist (Column Assist, Pinion Assist, Rack Assist), By Technology (Conventional EPS, EPS with ADAS), By Component (EPS Control Module, Electric Motor, Rack & Pinion, Steering Column), By Vehicle Type (Passenger Vehicle, Utility Vehicles, Light Commercial Vehicles, Heavy Duty Trucks, Buses & Coaches) And Competitive Landscape

Product Code: ETC7537496	Publication Date: Sep 2024	Updated Date: Apr 2026	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Vasudha	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

India Automotive Electric Power Steering Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s automotive electric power steering import shipments in 2024 saw significant contributions from top exporting countries including China, Japan, Germany, Thailand, and South Korea. With a moderate concentration level based on the Herfindahl-Hirschman Index (HHI), the industry`s compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 12.14%. Although the growth rate slightly slowed down from 2023 to 2024 at 3.33%, the overall outlook for the market remains positive with continued interest from key exporting nations.

India Automotive Electric Power Steering Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

India Automotive Electric Power Steering Market Outlook
Market Size of India Automotive Electric Power Steering Market, 2025
Forecast of India Automotive Electric Power Steering Market, 2032
Historical Data and Forecast of India Automotive Electric Power Steering Revenues & Volume for the Period 2022 - 2032
India Automotive Electric Power Steering Market Trend Evolution
India Automotive Electric Power Steering Market Drivers and Challenges
India Automotive Electric Power Steering Price Trends
India Automotive Electric Power Steering Porter's Five Forces
India Automotive Electric Power Steering Industry Life Cycle
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Motor Assist for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Column Assist for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Pinion Assist for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Rack Assist for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Technology for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Conventional EPS for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By EPS with ADAS for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Component for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By EPS Control Module for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Electric Motor for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Rack & Pinion for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Steering Column for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Vehicle Type for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Passenger Vehicle for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Utility Vehicles for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Light Commercial Vehicles for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Heavy Duty Trucks for the Period 2022 - 2032
Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Buses & Coaches for the Period 2022 - 2032
India Automotive Electric Power Steering Import Export Trade Statistics
Market Opportunity Assessment By Motor Assist
Market Opportunity Assessment By Technology
Market Opportunity Assessment By Component
Market Opportunity Assessment By Vehicle Type
India Automotive Electric Power Steering Top Companies Market Share
India Automotive Electric Power Steering Competitive Benchmarking By Technical and Operational Parameters
India Automotive Electric Power Steering Company Profiles
India Automotive Electric Power Steering Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Automotive Electric Power Steering Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Automotive Electric Power Steering Market Revenues & Volume, 2022 & 2032F

3.3 India Automotive Electric Power Steering Market - Industry Life Cycle

3.4 India Automotive Electric Power Steering Market - Porter's Five Forces

3.5 India Automotive Electric Power Steering Market Revenues & Volume Share, By Motor Assist, 2022 & 2032F

3.6 India Automotive Electric Power Steering Market Revenues & Volume Share, By Technology, 2022 & 2032F

3.7 India Automotive Electric Power Steering Market Revenues & Volume Share, By Component, 2022 & 2032F

3.8 India Automotive Electric Power Steering Market Revenues & Volume Share, By Vehicle Type, 2022 & 2032F

4 India Automotive Electric Power Steering Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government initiatives promoting electric vehicles

4.2.2 Increasing demand for fuel-efficient vehicles

4.2.3 Growing awareness about environmental sustainability

4.3 Market Restraints

4.3.1 High initial costs associated with electric power steering systems

4.3.2 Limited charging infrastructure for electric vehicles

4.3.3 Lack of skilled technicians for maintenance and repair of electric power steering systems

5 India Automotive Electric Power Steering Market Trends

6 India Automotive Electric Power Steering Market, By Types

6.1 India Automotive Electric Power Steering Market, By Motor Assist

6.1.1 Overview and Analysis

6.1.2 India Automotive Electric Power Steering Market Revenues & Volume, By Motor Assist, 2022 - 2032F

6.1.3 India Automotive Electric Power Steering Market Revenues & Volume, By Column Assist, 2022 - 2032F

6.1.4 India Automotive Electric Power Steering Market Revenues & Volume, By Pinion Assist, 2022 - 2032F

6.1.5 India Automotive Electric Power Steering Market Revenues & Volume, By Rack Assist, 2022 - 2032F

6.2 India Automotive Electric Power Steering Market, By Technology

6.2.1 Overview and Analysis

6.2.2 India Automotive Electric Power Steering Market Revenues & Volume, By Conventional EPS, 2022 - 2032F

6.2.3 India Automotive Electric Power Steering Market Revenues & Volume, By EPS with ADAS, 2022 - 2032F

6.3 India Automotive Electric Power Steering Market, By Component

6.3.1 Overview and Analysis

6.3.2 India Automotive Electric Power Steering Market Revenues & Volume, By EPS Control Module, 2022 - 2032F

6.3.3 India Automotive Electric Power Steering Market Revenues & Volume, By Electric Motor, 2022 - 2032F

6.3.4 India Automotive Electric Power Steering Market Revenues & Volume, By Rack & Pinion, 2022 - 2032F

6.3.5 India Automotive Electric Power Steering Market Revenues & Volume, By Steering Column, 2022 - 2032F

6.4 India Automotive Electric Power Steering Market, By Vehicle Type

6.4.1 Overview and Analysis

6.4.2 India Automotive Electric Power Steering Market Revenues & Volume, By Passenger Vehicle, 2022 - 2032F

6.4.3 India Automotive Electric Power Steering Market Revenues & Volume, By Utility Vehicles, 2022 - 2032F

6.4.4 India Automotive Electric Power Steering Market Revenues & Volume, By Light Commercial Vehicles, 2022 - 2032F

6.4.5 India Automotive Electric Power Steering Market Revenues & Volume, By Heavy Duty Trucks, 2022 - 2032F

6.4.6 India Automotive Electric Power Steering Market Revenues & Volume, By Buses & Coaches, 2022 - 2032F

7 India Automotive Electric Power Steering Market Import-Export Trade Statistics

7.1 India Automotive Electric Power Steering Market Export to Major Countries

7.2 India Automotive Electric Power Steering Market Imports from Major Countries

8 India Automotive Electric Power Steering Market Key Performance Indicators

8.1 Average cost of electric power steering systems

8.2 Number of electric vehicle charging stations

8.3 Training and certification rates for technicians specializing in electric power steering maintenance

9 India Automotive Electric Power Steering Market - Opportunity Assessment

9.1 India Automotive Electric Power Steering Market Opportunity Assessment, By Motor Assist, 2022 & 2032F

9.2 India Automotive Electric Power Steering Market Opportunity Assessment, By Technology, 2022 & 2032F

9.3 India Automotive Electric Power Steering Market Opportunity Assessment, By Component, 2022 & 2032F

9.4 India Automotive Electric Power Steering Market Opportunity Assessment, By Vehicle Type, 2022 & 2032F

10 India Automotive Electric Power Steering Market - Competitive Landscape

10.1 India Automotive Electric Power Steering Market Revenue Share, By Companies, 2025

10.2 India Automotive Electric Power Steering Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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