India Automotive Electric Power Steering Market (2025-2031) | Analysis, Competitive Landscape, Trends, Forecast, Companies, Size & Revenue, Share, Growth, Industry, Segmentation, Outlook, Value
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: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | 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.
Key Highlights of the Report:
- India Automotive Electric Power Steering Market Outlook
- Market Size of India Automotive Electric Power Steering Market, 2024
- Forecast of India Automotive Electric Power Steering Market, 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Revenues & Volume for the Period 2021- 2031
- 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 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Column Assist for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Pinion Assist for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Rack Assist for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Technology for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Conventional EPS for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By EPS with ADAS for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Component for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By EPS Control Module for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Electric Motor for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Rack & Pinion for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Steering Column for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Passenger Vehicle for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Utility Vehicles for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Light Commercial Vehicles for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Heavy Duty Trucks for the Period 2021- 2031
- Historical Data and Forecast of India Automotive Electric Power Steering Market Revenues & Volume By Buses & Coaches for the Period 2021- 2031
- 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
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Automotive Electric Power Steering Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Automotive Electric Power Steering Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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, 2021 & 2031F |
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, 2021 & 2031F |
3.6 India Automotive Electric Power Steering Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India Automotive Electric Power Steering Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 India Automotive Electric Power Steering Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
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, 2021- 2031F |
6.1.3 India Automotive Electric Power Steering Market Revenues & Volume, By Column Assist, 2021- 2031F |
6.1.4 India Automotive Electric Power Steering Market Revenues & Volume, By Pinion Assist, 2021- 2031F |
6.1.5 India Automotive Electric Power Steering Market Revenues & Volume, By Rack Assist, 2021- 2031F |
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, 2021- 2031F |
6.2.3 India Automotive Electric Power Steering Market Revenues & Volume, By EPS with ADAS, 2021- 2031F |
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, 2021- 2031F |
6.3.3 India Automotive Electric Power Steering Market Revenues & Volume, By Electric Motor, 2021- 2031F |
6.3.4 India Automotive Electric Power Steering Market Revenues & Volume, By Rack & Pinion, 2021- 2031F |
6.3.5 India Automotive Electric Power Steering Market Revenues & Volume, By Steering Column, 2021- 2031F |
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, 2021- 2031F |
6.4.3 India Automotive Electric Power Steering Market Revenues & Volume, By Utility Vehicles, 2021- 2031F |
6.4.4 India Automotive Electric Power Steering Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.4.5 India Automotive Electric Power Steering Market Revenues & Volume, By Heavy Duty Trucks, 2021- 2031F |
6.4.6 India Automotive Electric Power Steering Market Revenues & Volume, By Buses & Coaches, 2021- 2031F |
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, 2021 & 2031F |
9.2 India Automotive Electric Power Steering Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India Automotive Electric Power Steering Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 India Automotive Electric Power Steering Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive Electric Power Steering Market - Competitive Landscape |
10.1 India Automotive Electric Power Steering Market Revenue Share, By Companies, 2024 |
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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