| Product Code: ETC7537487 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s automotive EPS import market in 2024 saw significant contributions from top exporters like China, Germany, South Korea, Thailand, and Japan. Despite this diverse mix, the market concentration, as measured by the HHI index, remained low, indicating a competitive landscape. The industry displayed a robust compound annual growth rate (CAGR) of 15.13% from 2020 to 2024, with a steady growth rate of 2.67% from 2023 to 2024. These figures suggest a healthy and dynamic market environment for automotive EPS imports in India.

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 EPS Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive EPS Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive EPS Market - Industry Life Cycle |
3.4 India Automotive EPS Market - Porter's Five Forces |
3.5 India Automotive EPS Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
3.6 India Automotive EPS Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Automotive EPS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in India |
4.2.2 Stringent government regulations promoting the adoption of electric power steering (EPS) systems in vehicles |
4.2.3 Growing focus on vehicle safety and comfort features in the automotive industry |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing EPS technology in vehicles |
4.3.2 Limited infrastructure for electric vehicle charging stations in India |
4.3.3 Price sensitivity of consumers towards vehicles equipped with EPS systems |
5 India Automotive EPS Market Trends |
6 India Automotive EPS Market, By Types |
6.1 India Automotive EPS Market, By Component Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive EPS Market Revenues & Volume, By Component Type, 2021- 2031F |
6.1.3 India Automotive EPS Market Revenues & Volume, By Steering Wheel/Column, 2021- 2031F |
6.1.4 India Automotive EPS Market Revenues & Volume, By Sensors, 2021- 2031F |
6.1.5 India Automotive EPS Market Revenues & Volume, By Electronic control unit, 2021- 2031F |
6.1.6 India Automotive EPS Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Automotive EPS Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive EPS Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 India Automotive EPS Market Revenues & Volume, By Commercial vehicles, 2021- 2031F |
7 India Automotive EPS Market Import-Export Trade Statistics |
7.1 India Automotive EPS Market Export to Major Countries |
7.2 India Automotive EPS Market Imports from Major Countries |
8 India Automotive EPS Market Key Performance Indicators |
8.1 Average fuel efficiency improvement achieved by vehicles with EPS technology |
8.2 Rate of adoption of EPS systems in new vehicle models in India |
8.3 Number of government incentives or subsidies supporting the implementation of EPS technology in vehicles |
9 India Automotive EPS Market - Opportunity Assessment |
9.1 India Automotive EPS Market Opportunity Assessment, By Component Type, 2021 & 2031F |
9.2 India Automotive EPS Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive EPS Market - Competitive Landscape |
10.1 India Automotive EPS Market Revenue Share, By Companies, 2024 |
10.2 India Automotive EPS Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |