| Product Code: ETC9960254 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the United States saw a shift in concentration levels for automotive power steering motor imports, moving from low to moderate concentration. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 13.07%. Key exporting countries such as Mexico, Japan, China, Brazil, and Italy continue to play significant roles in supplying power steering motors to the US market, highlighting the importance of these trade relationships in the automotive industry.

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 United States (US) Automotive Power Steering Motor Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Automotive Power Steering Motor Market Revenues & Volume, 2022 & 2032F |
3.3 United States (US) Automotive Power Steering Motor Market - Industry Life Cycle |
3.4 United States (US) Automotive Power Steering Motor Market - Porter's Five Forces |
3.5 United States (US) Automotive Power Steering Motor Market Revenues & Volume Share, By Vehicle Type, 2022 & 2032F |
3.6 United States (US) Automotive Power Steering Motor Market Revenues & Volume Share, By Power Steering Type, 2022 & 2032F |
3.7 United States (US) Automotive Power Steering Motor Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.8 United States (US) Automotive Power Steering Motor Market Revenues & Volume Share, By Demand Category, 2022 & 2032F |
4 United States (US) Automotive Power Steering Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles driving the adoption of electric power steering systems |
4.2.2 Growing focus on enhancing vehicle safety and control leading to the integration of advanced power steering technologies |
4.2.3 Rise in vehicle production and sales in the United States boosting the demand for automotive power steering motors |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing costs of automotive power steering motors |
4.3.2 Stringent regulations related to emissions and fuel efficiency standards influencing the development and adoption of power steering technologies |
5 United States (US) Automotive Power Steering Motor Market Trends |
6 United States (US) Automotive Power Steering Motor Market, By Types |
6.1 United States (US) Automotive Power Steering Motor Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Vehicle Type, 2022 - 2032F |
6.1.3 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Passenger Car, 2022 - 2032F |
6.1.4 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Commercial Vehicle, 2022 - 2032F |
6.2 United States (US) Automotive Power Steering Motor Market, By Power Steering Type |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Hydraulic Power Steering (HPS), 2022 - 2032F |
6.2.3 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Electric Power Hydraulic Steering (EPHS), 2022 - 2032F |
6.2.4 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Electric Power Steering (EPS), 2022 - 2032F |
6.3 United States (US) Automotive Power Steering Motor Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Rack Assist type (REPS), 2022 - 2032F |
6.3.3 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Column Assist type (CEPS), 2022 - 2032F |
6.3.4 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Pinion Assist type (PEPS), 2022 - 2032F |
6.4 United States (US) Automotive Power Steering Motor Market, By Demand Category |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By OEM, 2022 - 2032F |
6.4.3 United States (US) Automotive Power Steering Motor Market Revenues & Volume, By Aftermarket, 2022 - 2032F |
7 United States (US) Automotive Power Steering Motor Market Import-Export Trade Statistics |
7.1 United States (US) Automotive Power Steering Motor Market Export to Major Countries |
7.2 United States (US) Automotive Power Steering Motor Market Imports from Major Countries |
8 United States (US) Automotive Power Steering Motor Market Key Performance Indicators |
8.1 Average fuel efficiency improvement achieved through the use of electric power steering systems |
8.2 Adoption rate of advanced power steering technologies in new vehicle models |
8.3 Number of vehicles produced in the United States equipped with automotive power steering motors |
8.4 Rate of compliance with emissions and fuel efficiency standards by vehicles using power steering technologies |
8.5 Average cost reduction achieved in the manufacturing of automotive power steering motors. |
9 United States (US) Automotive Power Steering Motor Market - Opportunity Assessment |
9.1 United States (US) Automotive Power Steering Motor Market Opportunity Assessment, By Vehicle Type, 2022 & 2032F |
9.2 United States (US) Automotive Power Steering Motor Market Opportunity Assessment, By Power Steering Type, 2022 & 2032F |
9.3 United States (US) Automotive Power Steering Motor Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.4 United States (US) Automotive Power Steering Motor Market Opportunity Assessment, By Demand Category, 2022 & 2032F |
10 United States (US) Automotive Power Steering Motor Market - Competitive Landscape |
10.1 United States (US) Automotive Power Steering Motor Market Revenue Share, By Companies, 2025 |
10.2 United States (US) Automotive Power Steering Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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