| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2019 - 2023 |
| CAGR | 10.95 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Russia Automotive EPS Market Analysis
The Russia Automotive Eps Market is expected to register a CAGR of 10.95% during the forecast period.
Automotive EPS Motor is an integral component, due to its basic functionality of allowing the driver to steer the car by augmenting steering efforts needed to turn the steering wheel. Factors such as extensive ownership of personal vehicles and growing technological advancements will see the rise of the EPS market.
Among regions, the United Kingdom is one of the dominating nations in the automotive EPS market. The EPS market is primarily driven by the growing luxury vehicle production and sales, owing to the increasing preference for safety and comfort. Also, rapid electrification of vehicles and rising stringency of emission norms in developed economies such as the United Kingdom is expected to increase the demand for EPS installed cars.
The rising popularity of self-driving vehicles fueled demand for the electric power steering system market and the ECU worldwide. Vehicles that are equipped with EPS tend to have a reduced overall weight, which further increases fuel efficiency.
Russia Automotive EPS Market Trends
ECU is the fastest-growing component amongst all Electric Power Steering (EPS) components
The electric ECU provides a lower cogging torque for the better driving experience, improving the interaction between the permanent magnets of the rotor and the stator slots of the Permanent Magnet (PM) machine. Traditional steering systems required the driver to continually make minor steering corrections to compensate for irregularities, such as road camber or crosswinds. But modern Electric Power Steering automatically assists the driver in case they encounter such barriers. The ECU unit can register if the driver is continuously counter steering, and itself automatically compensate for the correction. This makes driving more comfortable and less stressful.
ECU consists of 3 significant components that are the control module, power module, and control software. The control module gives access to power the switches and performs diagnostics functions in the power module. While the power module consists of three half-bridges where each half-bridge powers one phase of the three-phase electric. Lastly, the control software is the algorithm that enables the control of the speed and torque of the electric of the EPS unit. However, designers face challenges such as meeting flexible but a cost-effective architecture that can be equipped in cars ranging from SUVs to compact vehicles by satisfying power requirements for different steering rack load.
However, there is a demand for higher steering power, to improve driver comfort and feedback without losing power assistance, especially at a slower pace. For instance, Nexteer uses three different sensor technologies. While each can be used with the same position sensor, torque sensor, and ECU. The company has introduced solutions that reduce the steering angle sensor, which provides active lighting, stability control, and ADAS. They will enable us to broadcast an absolute steering position based just on the EPS motor sensor.
Understand The Key Trends Shaping This Market
Download PDF
Government Initiatives and Growing Emphasis on Safer Automotive Systems are Driving the Market
On an average, globally, about 1.24 million people die in road accidents each year, half of whom are vulnerable road users, such as pedestrians and motorcyclists, while the other half die because of side-impact accidents. According to the World Health Organization (WHO), 80% of cars sold in the world are not compliant with the primary safety standards. Only 40 countries have adopted the full set of the seven most essential regulations for car safety.
A significant increase in the number of accidents has also encouraged end-users to adopt better safety systems. Improvements in roadway and motor vehicle designs have steadily reduced injury and death rates in all first-world countries. However, the accident rates are still higher in some developing countries, and governments are focusing on implementing stringent safety norms and supporting the adoption of various subsystems in the vehicles.
Driven by these factors, automobile manufacturers are incorporating several systems in vehicles that enhance safety. Advanced safety and security features are no longer restricted to premium vehicles. Consumers are now more concerned about safety systems and technologies, and therefore, they are more interested in opting for cars that are equipped with better safety systems.
Moreover, the stringency in government regulations regarding fuel efficiency and safety initiatives are essential drivers for the growth and development of the advanced steering systems that comprehensively employ steering sensors.
Get Analysis on Important Geographic Markets
Download PDF
Russia Automotive EPS Industry Overview
The Russia Automotive Power Steering Market is consolidated with existing market players such as JTEKT Corporation, ZF Friedrichshafen AG, NSK Ltd, Mitsubishi Electric Corporation, and Nexteer Automotive which hold the most significant shares. To have the edge over its competitors' companies are making joint-ventures, partnerships, launching new products with advanced technology.
For instance, Infiniti Q50 incorporated direct adaptive steering in vehicles, which involves sensors in the car that continuously monitor the steering wheel's position. Also, torque sensors are integrated into the EPS system. The torque sensors measure the effort applied by the driver to steer the vehicle.
Russia Automotive EPS Market Leaders
-
ATS Automation Tooling Systems Inc.
-
Delphi Automotive Systems
-
GKN PLC
-
Hitachi
-
Hyundai Mobis Co
- *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competitors?
Download PDF
Russia Automotive EPS Industry Segmentation
The Russia Electric Power Steering Market report covers the latest technology trends and provides an analysis of various areas of the market demand by EPS type, application, and demand category. The country-level analysis and market share of significant EPS manufacturing companies across the globe will be provided in the report's scope.
| Vehicle Type | Passenger Car |
| Commercial Vehicle | |
| Product Type | By Rack assist type (REPS) |
| Colum assist type (CEPS) | |
| Pinion assist type (PEPS) | |
| Demand Category | OEM |
| Replacement |
Need A Different Region or Segment?
Customize Now
Russia Automotive EPS Market Research FAQs
What is the current Russia Automotive Eps Market size?
The Russia Automotive Eps Market is projected to register a CAGR of 10.95% during the forecast period (2025-2030)
Who are the key players in Russia Automotive Eps Market?
ATS Automation Tooling Systems Inc., Delphi Automotive Systems, GKN PLC, Hitachi and Hyundai Mobis Co are the major companies operating in the Russia Automotive Eps Market.
What years does this Russia Automotive Eps Market cover?
The report covers the Russia Automotive Eps Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Russia Automotive Eps Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Russia Automotive Eps Industry Report
Statistics for the 2025 Russia Automotive Eps market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Russia Automotive Eps analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
