# 전기 구동 유압 조향 시장

> Electrically Powered Hydraulic Steering Market Research Report By Vehicle Type (Passenger Cars, Commercial Vehicles), By Component Type (Steering Wheels/Columns, Sensors, Steering Motors, Others) - Forecast to 2035

- **Forecast Period:** 2026-2035
- **CAGR:** 4.77%
- **2025:** USD 4.16 Billion
- **2035:** USD 6.626 Billion
- **Key Players:** ZF Friedrichshafen AG, JTEKT Corporation, Robert Bosch GmbH, Nexteer Automotive, Hyundai Mobis, HL Mando, thyssenkrupp AG, Hitachi Astemo

**Report ID:** MRFR/AT/33576-HCR · **Pages:** 128 · **Author:** Abbas Raut & Sejal Akre · **Last Updated:** October 17, 2026

**URL:** https://www.marketresearchfuture.com/reports/electrically-powered-hydraulic-steering-market-35459

---

## Market Summary

## Electrically Powered Hydraulic Steering Market Summary

The Electrically Powered Hydraulic Steering Market was valued at USD 4.62 billion in 2025 and is projected to reach USD 4.96 billion in 2026, rising to USD 9.35 billion by 2035 at a CAGR of 7.3% over the 2026–2035 forecast period. Two policy catalysts anchor this trajectory. The European Union's revised heavy-duty CO2 standards require a 45% cut in new truck fleet emissions by 2030 [5], and India's PM e-Bus Sewa scheme is funding 10,000 electric buses across its cities [10]. Both push vehicle makers toward steering pumps that operate without a running engine.

The headline figures conceal an obvious substitution. Electric motor-pump units deliver oil only when the driver actually rotates the wheel. At the same time, belt-driven hydraulic pumps spin continuously and draw engine power even when the vehicle travels in a straight line. This type of steering pump electrification has the potential to reduce the energy consumption of steering by up to 70% in medium and heavy commercial vehicles [15]. Additionally, it is essential for battery-electric buses and trucks, as there is no engine to drive a belt. Approximately 54,000 electric trucks were sold worldwide in 2023, a 35% increase from the previous year, according to the International Energy Agency [1].

In 2025, Asia-Pacific accounts for 46.5% of global revenue and is expected to experience the most rapid growth through 2035. This growth is facilitated by China's bus and vehicle manufacturing base and India's fleet electrification programs. Safety and emissions regulations are the primary factors contributing to Europe's second-place ranking at USD 1.11 billion. In the upcoming decade, the Electrically Powered Hydraulic Steering Market will be characterized less by passenger vehicles and more by heavy electrified platforms that require a high steering force without an idling engine.

## Key Report Takeaways

### • By Vehicle Type

- Passenger Cars account for 54.0% of the Electrically Powered Hydraulic Steering Market in 2025, sustained by legacy hydraulic platforms, heavier SUVs, and hybrid variants in emerging economies.
- Commercial Vehicles expand at an 8.6% CAGR through 2035, the faster of the two vehicle classes, as electric buses and trucks require engine-independent steering assist.

### • By Component Type

- Steering Motors lead with a 36.5% share, since the electric motor-pump unit carries the highest value content in each system.
- Sensors grow at an 8.9% CAGR, reflecting demand for torque and angle sensing to support lane-keeping and driver assistance functions.
- Steering Wheels/Columns generate USD 1.25 billion in 2025 revenue.

### • By Region

- Asia-Pacific commands 46.5% of the Electrically Powered Hydraulic Steering Market, led by Chinese commercial vehicle output.
- Europe represents USD 1.11 billion in 2025, anchored by the General Safety Regulation and heavy-duty CO2 targets.
- North America grows at a 6.4% CAGR, supported by federal clean truck incentives and EPA Phase 3 standards.

## Market Size and Forecast (2021–2035)

Market Research Future built the Electrically Powered Hydraulic Steering Market estimates using a bottom-up model of vehicle production by class and region, multiplied by EPHS fitment rates and average system values, then validated against supplier revenue disclosures and interviews with Tier-1 steering engineers. Historical data draw on OICA production statistics  and company annual reports [13][14][16], while the forecast incorporates regulatory timelines and electrification curves from the IEA and BloombergNEF [1][6].

## Market Drivers

### Sustainability and Environmental Regulations

The Electrically Powered Hydraulic Steering Market is increasingly influenced by sustainability initiatives and stringent environmental regulations. Governments are implementing policies aimed at reducing carbon emissions, which encourages the adoption of electric steering systems that are more energy-efficient compared to traditional hydraulic systems. This shift aligns with the [automotive industry](https://www.marketresearchfuture.com/reports/automotive-industry-7683)'s broader commitment to sustainability, as electric steering systems can contribute to lower fuel consumption and reduced greenhouse gas emissions. As a result, the market is expected to expand, with a notable increase in the production of electric vehicles equipped with advanced steering technologies. The Electrically Powered Hydraulic Steering Market is thus positioned to benefit from these regulatory changes, fostering innovation and growth.

### Cost Efficiency and Manufacturing Innovations

Cost efficiency is a critical driver in the Electrically Powered Hydraulic Steering Market, as manufacturers seek to optimize production processes and reduce costs. Innovations in manufacturing techniques, such as automation and [advanced materials](https://www.marketresearchfuture.com/reports/advanced-material-market-11431), are enabling companies to produce steering systems more efficiently. This not only lowers production costs but also enhances the quality and reliability of the final product. As competition intensifies, manufacturers are likely to invest in these innovations to maintain profitability while meeting the growing demand for electric steering systems. The Electrically Powered Hydraulic Steering Market is thus positioned for growth, as cost-effective solutions become increasingly important in a competitive landscape.

### Technological Advancements in Steering Systems



### Consumer Demand for Enhanced Driving Experience



### Integration with Autonomous Driving Technologies



## Restraints

## Restraints Impact Analysis

| Restraint | ~% Impact on CAGR | Geographic Relevance | Impact Timeline | Ref |
| --- | --- | --- | --- | --- |
| Passenger car migration to fully electric power steering | −1.2% | Global | Long-term (≥4 yr) | [14][16] |
| Cost premium over mechanical hydraulic pumps | −0.7% | Emerging markets | Short-term (≤2 yr) |  |
| Rare-earth magnet and semiconductor supply risk | −0.5% | Global | Short-term (≤2 yr) | [18] |
| Hydraulic fluid handling, weight, and maintenance burden | −0.4% | Global | Medium-term (2–4 yr) | [19] |
| Emergence of steer-by-wire architectures | −0.6% | Europe, North America | Long-term (≥4 yr) | [8][13] |

### Passenger Car Migration to Fully Electric Power Steering

Column- and rack-mounted electric power steering now equips well over 90% of new light vehicles globally, according to supplier disclosures [14][16]. As rack-type systems gain enough output to handle large SUVs and pickups, automakers retire hydraulic circuits entirely from new passenger car platforms. This steadily erodes the EPHS passenger car base, particularly in North America, Europe, Japan, and South Korea.

### Cost Premium Over Mechanical Pumps

An EPHS motor-pump unit adds a brushless motor, control electronics, and wiring that a belt-driven pump does not need. In price-sensitive truck segments across South America and parts of Asia, buyers still favor mechanical systems to protect upfront cost. The 2021 chip crisis, which is estimated to have cost automakers about USD 210 billion in lost revenue , also exposed the vulnerability of electronics-heavy components.

### Rare-Earth Magnet and Semiconductor Supply Risk

Brushless pump motors rely on permanent magnets containing neodymium and dysprosium. China's April 2025 export controls on seven medium and heavy rare-earth elements [18] tightened supply for motor makers worldwide. Suppliers are qualifying ferrite and reduced-dysprosium designs, but requalification with OEMs typically takes 18–24 months, creating near-term cost and allocation pressure.

### Hydraulic Fluid Handling and Maintenance Burden

Hydraulic systems carry fluid reservoirs, hoses, and seals that add weight and require periodic inspection. The EU End-of-Life Vehicles Directive mandates removal of fluids before vehicle recycling [19], adding disposal steps that fully electric systems avoid. Fleet operators also cite hose leakage as a recurring roadside failure, which weakens the lifetime cost case for hydraulic assist.

### Emergence of Steer-by-Wire

Steer-by-wire removes the mechanical link between steering wheel and road wheels, and major suppliers have moved these systems into series production for passenger cars [13]. Ongoing amendments to UN Regulation No. 79 are gradually widening the approval pathway for electronic steering control [8]. Over the long term, heavy-vehicle steer-by-wire could bypass hydraulic assist altogether in premium truck platforms.

## Opportunities

## Electrically Powered Hydraulic Steering Market Opportunities

### High-Voltage Motor-Pump Units for Electric Heavy Vehicles

Electric trucks and buses built on 600–800-volt architectures open space for pump motors drawing directly from the traction battery, cutting current and cable mass. Suppliers delivering compact high-voltage units capture premium pricing on platforms driven by EU heavy-duty CO2 rules and California's Advanced Clean Fleets regulation targeting complete medium and heavy zero-emission truck sales transitions by 2036.

### Bus Electrification in Emerging Markets

South America, the Middle East, and Africa remain early in bus electrification, yet city governments tender electric fleets using multilateral funding. Global reports note the worldwide electric bus market reached roughly 780,000 units deployed globally, with high growth forecasts. These regions need rugged, cost-optimized units tolerant of extreme heat, dust, and uneven road surfaces to ensure durable operational lifespans

### Connected Diagnostics and Service-Based Revenue

Electronic pump controllers log motor current, fluid temperature, and pressure. Packaging this data into predictive maintenance services lets suppliers sell subscriptions to fleet operators, flagging component wear prior to failure. Global transport telematics reports show commercial fleet maintenance services valued at USD 125 billion, shifting business models toward predictable recurring service revenue tied directly to fleet operating uptime.

### Sensor Content Upgrades

Lane-keeping and driver assistance mandates require higher-resolution torque and steering angle sensing on hydraulic systems carrying minimal legacy electronics. Suppliers sell sensor retrofit kits and upgraded steering columns into existing truck platforms, extending the operational life of proven hydraulic steering gears while complying with international functional safety regulations covering heavy vehicle stability control systems globally.

### Off-Highway and Specialty Vehicles

Agricultural tractors, construction machinery, airport ground equipment, and refuse trucks electrify at varying speeds, but share needs for high steering force at low speeds. EPHS units adapted from on-road designs serve these niche sectors with modest re-engineering. Official industry tracking data values the global off-highway vehicles market at USD 612.6 billion, spreading specialized development costs efficiently across massive segments.

## Future Outlook

전기 구동 유압 조향 시장은 2024년부터 2035년까지 4.77%의 연평균 성장률(CAGR)로 성장할 것으로 예상되며, 이는 자동차 기술의 발전과 연료 효율성에 대한 수요 증가에 의해 촉진됩니다.

**New opportunities:**

- 향상된 안전 기능을 위한 첨단 운전 보조 시스템(ADAS)의 통합.

2035년까지 시장은 강력한 성장을 이룰 것으로 예상되며, 자동차 조향 솔루션의 선두주자로 자리매김할 것입니다.

## Segment Insights

In the Electrically Powered Hydraulic Steering Market, the application segment is primarily dominated by [passenger cars](https://www.marketresearchfuture.com/reports/passenger-cars-market-42133), which hold the largest share. This is driven by the increasing demand for fuel-efficient and responsive steering systems among consumers, leading automotive manufacturers to adopt electrically powered hydraulic steering systems in their models. Commercial vehicles and agricultural machinery also play significant roles, yet they lag in comparison to passenger cars in market presence. The heavy-duty vehicles segment is identified as the fastest-growing segment within this market due to rising [construction](https://www.marketresearchfuture.com/reports/construction-market-16065) and infrastructure development, especially in emerging economies. Enhanced vehicle performance and fuel efficiency requirements are key drivers, prompting manufacturers to invest in electrified steering technologies that cater to these heavy-duty applications.

In the Electrically Powered Hydraulic Steering Market, sedans hold the largest share due to their widespread acceptance and demand driven by consumer preferences for fuel efficiency and compact designs. This segment benefits from existing manufacturing frameworks, making it an attractive option for automotive producers looking to integrate advanced steering technologies into their vehicle lines. In contrast, SUVs, with their increasing popularity among consumers for both comfort and utility, are rapidly gaining traction in this market. Their versatility and larger sizes provide ample space for incorporating [advanced technologies](https://www.marketresearchfuture.com/reports/advanced-technologies-market-41462), making them a focal point for innovation in steering systems.

The Electrically Powered Hydraulic Steering Market is largely dominated by the [Fleet Management](https://www.marketresearchfuture.com/reports/fleet-management-market-2646) segment, accounting for a significant portion of the overall market share. This segment is characterized by its extensive adoption among large-scale transportation services, contributing to its leadership position within the market. Conversely, the Personal Use segment is rapidly gaining traction, driven by increasing consumer interest in advanced steering technologies for personal vehicles, pushing it to emerge as a strong contender in the market landscape. Growth in the Fleet Management segment is propelled by the rising need for efficient vehicle control systems that enhance operational efficiency in commercial fleets. Additionally, technological advancements and regulatory push for greener transportation solutions are enhancing the adoption of electrically powered systems. Meanwhile, the Personal Use segment is benefiting from the growing trend of individual [electric vehicles](https://www.marketresearchfuture.com/reports/electric-vehicles-market-1793) and increased consumer awareness regarding the benefits of advanced steering assistance systems. Together, these segments are shaping the dynamics of the Electrically Powered Hydraulic Steering Market.

## Regional Market Share Analysis

### North America : Innovation and Adoption Leader

The Electrically Powered Hydraulic Steering Market (EPHS) market in North America is driven by increasing vehicle electrification and stringent fuel efficiency regulations. The region holds the largest market share at approximately 45%, with a growing demand for advanced steering technologies. Regulatory support for electric vehicles and sustainability initiatives further catalyze market growth. Leading countries in this region include the United States and Canada, with major automotive manufacturers investing heavily in EPHS technologies. Key players such as Nexteer Automotive and Robert Bosch GmbH are at the forefront, enhancing competitive dynamics. The presence of established automotive hubs and innovation centers contributes to a robust market landscape.

### Europe : Regulatory-Driven Market Growth

Europe is witnessing significant growth in the Electrically Powered Hydraulic Steering Market, driven by stringent EU regulations on emissions and a strong push towards electric vehicles. The region holds the second-largest market share at around 35%. Government incentives for electric mobility and sustainability initiatives are key growth catalysts, fostering innovation in steering technologies. Germany, France, and the UK are leading countries in this market, with major automotive manufacturers like ZF Friedrichshafen AG and Thyssenkrupp AG investing in advanced steering solutions. The competitive landscape is characterized by collaborations and partnerships among key players, enhancing technological advancements and market penetration.

### Asia-Pacific : Emerging Market Potential

The Asia-Pacific region is emerging as a significant player in the Electrically Powered Hydraulic Steering Market, driven by rapid urbanization and increasing vehicle production. The market share in this region is approximately 15%, with countries like China and Japan leading the charge. The demand for advanced steering systems is fueled by the growing automotive sector and government initiatives promoting electric vehicles. China is the largest market in the region, with major automotive manufacturers investing in EPHS technologies. Key players such as JTEKT Corporation and DENSO Corporation are enhancing their presence, contributing to a competitive landscape. The region's focus on innovation and technology adoption is expected to drive further growth in the coming years.

### Middle East and Africa : Resource-Rich Market Dynamics

The Middle East and Africa region is gradually developing its Electrically Powered Hydraulic Steering Market, driven by increasing vehicle sales and a growing focus on sustainability. The market share is currently around 5%, with countries like South Africa and the UAE showing potential for growth. Government initiatives aimed at promoting electric vehicles are expected to catalyze market expansion. The competitive landscape is still evolving, with key players like Hyundai Mobis and Mando Corporation beginning to establish a foothold. The region's unique market dynamics, including resource availability and emerging automotive sectors, present opportunities for growth in EPHS technologies. Continued investment in infrastructure and technology will be crucial for future development.

## Competitive Benchmarking

The Electrically Powered Hydraulic Steering Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for enhanced vehicle performance. Key players such as Robert Bosch GmbH (Germany), JTEKT Corporation (Japan), and ZF Friedrichshafen AG (Germany) are at the forefront, each adopting distinct strategies to solidify their market positions. Robert Bosch GmbH (Germany) emphasizes innovation in [electric steering](https://www.marketresearchfuture.com/reports/electric-steering-market-1859) systems, focusing on integrating advanced driver-assistance systems (ADAS) to enhance safety and user experience. Meanwhile, JTEKT Corporation (Japan) is pursuing strategic partnerships with automotive manufacturers to expand its market reach and leverage synergies in product development. ZF Friedrichshafen AG (Germany) is actively investing in digital transformation initiatives, aiming to optimize its manufacturing processes and improve supply chain efficiency, thereby enhancing its competitive edge.The business tactics employed by these companies reflect a concerted effort to localize manufacturing and optimize supply chains, which is crucial in a moderately fragmented market. This competitive structure allows for a diverse range of offerings, catering to various consumer preferences and regulatory requirements across different regions. The collective influence of these key players shapes market dynamics, as they continuously adapt to evolving consumer demands and technological advancements.
In August ZF Friedrichshafen AG (Germany) announced a collaboration with a leading electric vehicle manufacturer to develop next-generation steering systems that integrate [artificial intelligence](https://www.marketresearchfuture.com/reports/artificial-intelligence-market-1139) for improved responsiveness. This strategic move not only positions ZF as a pioneer in AI-driven steering solutions but also aligns with the growing trend towards electrification in the automotive sector. The partnership is expected to enhance ZF's product portfolio and strengthen its foothold in the rapidly evolving electric vehicle market.
In September JTEKT Corporation (Japan) unveiled a new line of electrically powered hydraulic steering systems designed specifically for electric vehicles. This launch underscores JTEKT's commitment to sustainability and innovation, as it seeks to meet the increasing demand for eco-friendly automotive solutions. By focusing on electric vehicle applications, JTEKT is likely to capture a significant share of the market, positioning itself as a leader in the transition towards greener technologies.
In July Robert Bosch GmbH (Germany) expanded its production capabilities in North America by establishing a new manufacturing facility dedicated to electric steering systems. This strategic investment not only enhances Bosch's operational efficiency but also allows the company to better serve its North American clientele. The move is indicative of Bosch's proactive approach to scaling its operations in response to the growing demand for advanced steering technologies in the region.
As of October the Electrically Powered Hydraulic Steering Market is witnessing trends that emphasize digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances among key players are increasingly shaping the competitive landscape, fostering innovation and collaboration. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based competition to a focus on technological innovation, supply chain reliability, and the ability to deliver sustainable solutions. This shift is likely to redefine market dynamics, compelling companies to invest in R&D and forge strategic partnerships to maintain their competitive edge.

## Recent News & Developments

- **Q2 2024: Nexteer Automotive Expands Modular Pinion Assist EPS Platform** Nexteer Automotive announced the expansion of its Modular Pinion Assist Electric Power Steering (mP-EPS) platform, offering a scalable steering solution adaptable across compact cars, SUVs, and light-duty trucks. The new configurations are designed to reduce vehicle integration costs while maintaining consistent steering feel and safety standards.
- **Q2 2024: Rane NSK Steering Systems and ZF Group Launch Localized EPS Solutions in India** Rane NSK Steering Systems and ZF Group jointly launched localized electric power steering (EPS) solutions for the Indian market, aiming to supply electric steering units for passenger vehicles under the Make-in-India initiative. Production is set to scale at the Chennai facility, targeting both OEM and Tier-1 clients.

_The overall growth in market valuation of these companies signals a positive outlook for advancements in the electrically powered hydraulic steering sector, fostering further competition and innovation in the industry._

## Report Scope

| Parameter | Details |
| --- | --- |
| Market Scope | Global Electrically Powered Hydraulic Steering Market by vehicle type, component type, and region |
| Study Period | 2021–2035 (Historical: 2021–2024; Base Year: 2025; Forecast: 2026–2035) |
| CAGR | 7.3% (2026–2035) |
| Market Size Checkpoints | USD 4.62 Billion (2025); USD 4.96 Billion (2026); USD 6.57 Billion (2030); USD 9.35 Billion (2035) |
| Fastest Growing Segments | Commercial Vehicles (8.6% CAGR); Sensors (8.9% CAGR) |
| Companies Profiled | ZF Friedrichshafen AG, JTEKT Corporation, Robert Bosch GmbH, Nexteer Automotive, Hyundai Mobis, HL Mando, thyssenkrupp AG, Hitachi Astemo, NSK Ltd., China Automotive Systems, Inc. |
| Valuation Currency | USD (Billion/Million), constant 2025 exchange rates |

## Frequently Asked Questions

**Q: 2035년 전기 구동 유압 조향 시장의 예상 시장 가치는 얼마입니까?**
A: 2035년 전기 구동 유압 조향 시장의 예상 시장 가치는 66.26억 USD입니다.

**Q: 2024년 전기 구동 유압 조향 시장의 전체 시장 가치는 얼마였습니까?**
A: 2024년 전기 구동 유압 조향 시장의 전체 시장 가치는 39.68억 USD였습니다.

**Q: 2025년부터 2035년까지의 예측 기간 동안 전기 구동 유압 조향 시장의 예상 CAGR은 얼마입니까?**
A: 2025 - 2035년 예측 기간 동안 전기 구동 유압 조향 시장의 예상 CAGR은 4.77%입니다.

**Q: 전기 구동 유압 조향 시장에서 주요 기업으로 간주되는 회사는 어디인가요?**
A: 전기 구동 유압 조향 시장의 주요 업체로는 로버트 보쉬 GmbH, JTEKT Corporation, Thyssenkrupp AG, ZF 프리드리히스하펜 AG 등이 있습니다.

**Q: 2035년까지 승용차 부문의 예상 가치는 얼마입니까?**
A: 승용차 부문의 예상 가치는 2035년까지 25억 USD에 이를 것으로 예상됩니다.

**Q: 2024년과 2035년 사이 상용차의 가치 평가는 어떻게 비교됩니까?**
A: 상업용 차량의 가치는 2024년 10억 USD에서 2035년까지 16억 USD로 증가할 것으로 예상됩니다.

**Q: 2024년부터 2035년까지 농업 기계 부문의 예상 성장률은 얼마입니까?**
A: 농업 기계 부문은 2024년 6억 6천 8백만 USD에서 2035년 13억 2천 6백만 USD로 성장할 것으로 예상됩니다.

**Q: 2035년까지 가장 높은 평가를 받을 것으로 예상되는 구성 요소 유형은 무엇입니까?**
A: 조향 액추에이터는 2035년까지 19.73억 USD에 이를 것으로 예상되며, 가장 높은 평가를 받을 것으로 보입니다.

**Q: 2035년까지 SUV 차량 유형 세그먼트의 예상 가치는 얼마입니까?**
A: SUV 차량 유형 세그먼트의 예상 가치는 2035년까지 20.2억 USD로 예상됩니다.

**Q: 2024년부터 2035년까지 대중교통 최종 사용 부문의 가치 평가는 어떻게 변화합니까?**
A: 대중교통 최종 사용 부문의 가치는 2024년 12.68억 USD에서 2035년 21.26억 USD로 증가할 것으로 예상됩니다.


---

*This Markdown endpoint is provided for AI systems and LLM crawlers. For the full interactive report visit https://www.marketresearchfuture.com/reports/electrically-powered-hydraulic-steering-market-35459*