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

Market Forecast By Product (H-EPS, C-EPS, P-EPS, R-EPS), By Vehicle (Compact Passenger Cars, Mid-sized Passenger Cars, Premium Passenger Cars, Luxury Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) And Competitive Landscape
Product Code: ETC7537504 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 Electronic Power Steering Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s automotive electronic power steering import shipments in 2024 saw significant contributions from top exporting countries including China, Japan, Germany, Thailand, and South Korea. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a competitive landscape. With a notable Compound Annual Growth Rate (CAGR) of 12.14% from 2020 to 2024, the industry is showcasing robust expansion. Despite a slight dip in the growth rate from 2023 to 2024 at 3.33%, the overall trend points towards a positive trajectory for the automotive electronic power steering market in India.

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

Key Highlights of the Report:

  • India Automotive Electronic Power Steering Market Outlook
  • Market Size of India Automotive Electronic Power Steering Market, 2025
  • Forecast of India Automotive Electronic Power Steering Market, 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Revenues & Volume for the Period 2022 - 2032
  • India Automotive Electronic Power Steering Market Trend Evolution
  • India Automotive Electronic Power Steering Market Drivers and Challenges
  • India Automotive Electronic Power Steering Price Trends
  • India Automotive Electronic Power Steering Porter's Five Forces
  • India Automotive Electronic Power Steering Industry Life Cycle
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By Product for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By H-EPS for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By C-EPS for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By P-EPS for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By R-EPS for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By Vehicle for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By Compact Passenger Cars for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By Mid-sized Passenger Cars for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By Premium Passenger Cars for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By Luxury Passenger Cars for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By Light Commercial Vehicles for the Period 2022 - 2032
  • Historical Data and Forecast of India Automotive Electronic Power Steering Market Revenues & Volume By Heavy Commercial Vehicles for the Period 2022 - 2032
  • India Automotive Electronic Power Steering Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Vehicle
  • India Automotive Electronic Power Steering Top Companies Market Share
  • India Automotive Electronic Power Steering Competitive Benchmarking By Technical and Operational Parameters
  • India Automotive Electronic Power Steering Company Profiles
  • India Automotive Electronic Power Steering Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Automotive Electronic 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 Electronic Power Steering Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Electronic Power Steering Market Overview

3.1 India Country Macro Economic Indicators

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

3.3 India Automotive Electronic Power Steering Market - Industry Life Cycle

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

3.5 India Automotive Electronic Power Steering Market Revenues & Volume Share, By Product, 2022 & 2032F

3.6 India Automotive Electronic Power Steering Market Revenues & Volume Share, By Vehicle, 2022 & 2032F

4 India Automotive Electronic Power Steering Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for fuel-efficient vehicles in India

4.2.2 Growing focus on vehicle safety features and advanced driving technologies

4.2.3 Rising disposable income leading to higher adoption of premium vehicles in the market

4.3 Market Restraints

4.3.1 High initial costs associated with electronic power steering systems

4.3.2 Limited awareness and understanding of the benefits of electronic power steering among consumers

4.3.3 Challenges related to infrastructure and skilled labor for the installation and maintenance of electronic power steering systems

5 India Automotive Electronic Power Steering Market Trends

6 India Automotive Electronic Power Steering Market, By Types

6.1 India Automotive Electronic Power Steering Market, By Product

6.1.1 Overview and Analysis

6.1.2 India Automotive Electronic Power Steering Market Revenues & Volume, By Product, 2022 - 2032F

6.1.3 India Automotive Electronic Power Steering Market Revenues & Volume, By H-EPS, 2022 - 2032F

6.1.4 India Automotive Electronic Power Steering Market Revenues & Volume, By C-EPS, 2022 - 2032F

6.1.5 India Automotive Electronic Power Steering Market Revenues & Volume, By P-EPS, 2022 - 2032F

6.1.6 India Automotive Electronic Power Steering Market Revenues & Volume, By R-EPS, 2022 - 2032F

6.2 India Automotive Electronic Power Steering Market, By Vehicle

6.2.1 Overview and Analysis

6.2.2 India Automotive Electronic Power Steering Market Revenues & Volume, By Compact Passenger Cars, 2022 - 2032F

6.2.3 India Automotive Electronic Power Steering Market Revenues & Volume, By Mid-sized Passenger Cars, 2022 - 2032F

6.2.4 India Automotive Electronic Power Steering Market Revenues & Volume, By Premium Passenger Cars, 2022 - 2032F

6.2.5 India Automotive Electronic Power Steering Market Revenues & Volume, By Luxury Passenger Cars, 2022 - 2032F

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

6.2.7 India Automotive Electronic Power Steering Market Revenues & Volume, By Heavy Commercial Vehicles, 2022 - 2032F

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

7.1 India Automotive Electronic Power Steering Market Export to Major Countries

7.2 India Automotive Electronic Power Steering Market Imports from Major Countries

8 India Automotive Electronic Power Steering Market Key Performance Indicators

8.1 Adoption rate of electronic power steering systems in new vehicle models

8.2 Average price trend of electronic power steering systems in the market

8.3 Number of automotive manufacturers offering electronic power steering as a standard feature in their vehicles

9 India Automotive Electronic Power Steering Market - Opportunity Assessment

9.1 India Automotive Electronic Power Steering Market Opportunity Assessment, By Product, 2022 & 2032F

9.2 India Automotive Electronic Power Steering Market Opportunity Assessment, By Vehicle, 2022 & 2032F

10 India Automotive Electronic Power Steering Market - Competitive Landscape

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

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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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