Report Overview
Report Overview
The electric power steering is developed on the basis of the traditional mechanical steering system. It uses the power generated by the electric motor to help the driver perform steering operations. The system is mainly composed of three parts: signal sensing device (including torque sensor, steering wheel angle sensor and vehicle speed sensor), electronic control unit and steering assist mechanism (motor, clutch, reduction gear mechanism, etc.).With the rapid development of the global logistics and freight industry, heavy commercial vehicles have become an important tool in fields such as cargo transportation and engineering construction. In heavy-duty commercial vehicles with more difficult handling, electric power steering systems can improve driving maneuverability and safety and reduce driver fatigue, so they have attracted much attention from commercial vehicle owners and operators.
The global Heavy Commercial Vehicle EPS market size was estimated at USD 8512.0 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 6.50% during the forecast period.
This report offers a comprehensive and in-depth analysis of the global Heavy Commercial Vehicle EPS market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.
The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.
A significant focus of this report lies in the competitive landscape of the global Heavy Commercial Vehicle EPS market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.
In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Heavy Commercial Vehicle EPS market.
Global Heavy Commercial Vehicle EPS Market: Market Segmentation Analysis
This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.
A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.
Key Company
JTEKT
Nexteer
ZF
Mobis
Thyssenkrupp
Mando
Market Segmentation (by Type)
C-EPS
P-EPS
R-EPS
Market Segmentation (by Application)
Long Distance
Short Distance
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Heavy Commercial Vehicle EPS Market
Overview of the regional outlook of the Heavy Commercial Vehicle EPS Market:
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Heavy Commercial Vehicle EPS Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the markets competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porters five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Heavy Commercial Vehicle EPS, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post-sales analyst support
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Table of Contents
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Heavy Commercial Vehicle EPS
- 1.2 Key Market Segments
- 1.2.1 Heavy Commercial Vehicle EPS Segment by Type
- 1.2.2 Heavy Commercial Vehicle EPS Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 1.4 Key Data of Global Auto Market
- 1.4.1 Global Automobile Production by Country
- 1.4.2 Global Automobile Production by Type
- 2 Heavy Commercial Vehicle EPS Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Heavy Commercial Vehicle EPS Market Size (M USD) Estimates and Forecasts (2020-2035)
- 2.1.2 Global Heavy Commercial Vehicle EPS Sales Estimates and Forecasts (2020-2035)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 2.1 Global Market Overview
- 3 Heavy Commercial Vehicle EPS Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global Heavy Commercial Vehicle EPS Product Life Cycle
- 3.3 Global Heavy Commercial Vehicle EPS Sales by Manufacturers (2020-2025)
- 3.4 Global Heavy Commercial Vehicle EPS Revenue Market Share by Manufacturers (2020-2025)
- 3.5 Heavy Commercial Vehicle EPS Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.6 Global Heavy Commercial Vehicle EPS Average Price by Manufacturers (2020-2025)
- 3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
- 3.8 Heavy Commercial Vehicle EPS Market Competitive Situation and Trends
- 3.8.1 Heavy Commercial Vehicle EPS Market Concentration Rate
- 3.8.2 Global 5 and 10 Largest Heavy Commercial Vehicle EPS Players Market Share by Revenue
- 3.8.3 Mergers & Acquisitions, Expansion
- 4 Heavy Commercial Vehicle EPS Industry Chain Analysis
- 4.1 Heavy Commercial Vehicle EPS Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Heavy Commercial Vehicle EPS Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 PEST Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global Heavy Commercial Vehicle EPS Market Porters Five Forces Analysis
- 5.6.1 Global Trade Frictions
- 5.6.2 U.S. Tariff Policy – April 2025
- 5.6.3 Global Trade Frictions and Their Impacts to Heavy Commercial Vehicle EPS Market
- 5.7 ESG Ratings of Leading Companies
- 6 Heavy Commercial Vehicle EPS Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Heavy Commercial Vehicle EPS Sales Market Share by Type (2020-2025)
- 6.3 Global Heavy Commercial Vehicle EPS Market Size by Type (2020-2025)
- 6.4 Global Heavy Commercial Vehicle EPS Price by Type (2020-2025)
- 7 Heavy Commercial Vehicle EPS Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Heavy Commercial Vehicle EPS Market Sales by Application (2020-2025)
- 7.3 Global Heavy Commercial Vehicle EPS Market Size (M USD) by Application (2020-2025)
- 7.4 Global Heavy Commercial Vehicle EPS Sales Growth Rate by Application (2020-2025)
- 8 Heavy Commercial Vehicle EPS Market Sales by Region
- 8.1 Global Heavy Commercial Vehicle EPS Sales by Region
- 8.1.1 Global Heavy Commercial Vehicle EPS Sales by Region
- 8.1.2 Global Heavy Commercial Vehicle EPS Sales Market Share by Region
- 8.2 Global Heavy Commercial Vehicle EPS Market Size by Region
- 8.2.1 Global Heavy Commercial Vehicle EPS Market Size by Region
- 8.2.2 Global Heavy Commercial Vehicle EPS Market Size by Region
- 8.3 North America
- 8.3.1 North America Heavy Commercial Vehicle EPS Sales by Country
- 8.3.2 North America Heavy Commercial Vehicle EPS Market Size by Country
- 8.3.3 U.S. Market Overview
- 8.3.4 Canada Market Overview
- 8.3.5 Mexico Market Overview
- 8.4 Europe
- 8.4.1 Europe Heavy Commercial Vehicle EPS Sales by Country
- 8.4.2 Europe Heavy Commercial Vehicle EPS Market Size by Country
- 8.4.3 Germany Market Overview
- 8.4.4 France Market Overview
- 8.4.5 U.K. Market Overview
- 8.4.6 Italy Market Overview
- 8.4.7 Spain Market Overview
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Heavy Commercial Vehicle EPS Sales by Region
- 8.5.2 Asia Pacific Heavy Commercial Vehicle EPS Market Size by Region
- 8.5.3 China Market Overview
- 8.5.4 Japan Market Overview
- 8.5.5 South Korea Market Overview
- 8.5.6 India Market Overview
- 8.5.7 Southeast Asia Market Overview
- 8.6 South America
- 8.6.1 South America Heavy Commercial Vehicle EPS Sales by Country
- 8.6.2 South America Heavy Commercial Vehicle EPS Market Size by Country
- 8.6.3 Brazil Market Overview
- 8.6.4 Argentina Market Overview
- 8.6.5 Columbia Market Overview
- 8.7 Middle East and Africa
- 8.7.1 Middle East and Africa Heavy Commercial Vehicle EPS Sales by Region
- 8.7.2 Middle East and Africa Heavy Commercial Vehicle EPS Market Size by Region
- 8.7.3 Saudi Arabia Market Overview
- 8.7.4 UAE Market Overview
- 8.7.5 Egypt Market Overview
- 8.7.6 Nigeria Market Overview
- 8.7.7 South Africa Market Overview
- 8.1 Global Heavy Commercial Vehicle EPS Sales by Region
- 9 Heavy Commercial Vehicle EPS Market Production by Region
- 9.1 Global Production of Heavy Commercial Vehicle EPS by Region(2020-2025)
- 9.2 Global Heavy Commercial Vehicle EPS Revenue Market Share by Region (2020-2025)
- 9.3 Global Heavy Commercial Vehicle EPS Production, Revenue, Price and Gross Margin (2020-2025)
- 9.4 North America Heavy Commercial Vehicle EPS Production
- 9.4.1 North America Heavy Commercial Vehicle EPS Production Growth Rate (2020-2025)
- 9.4.2 North America Heavy Commercial Vehicle EPS Production, Revenue, Price and Gross Margin (2020-2025)
- 9.5 Europe Heavy Commercial Vehicle EPS Production
- 9.5.1 Europe Heavy Commercial Vehicle EPS Production Growth Rate (2020-2025)
- 9.5.2 Europe Heavy Commercial Vehicle EPS Production, Revenue, Price and Gross Margin (2020-2025)
- 9.6 Japan Heavy Commercial Vehicle EPS Production (2020-2025)
- 9.6.1 Japan Heavy Commercial Vehicle EPS Production Growth Rate (2020-2025)
- 9.6.2 Japan Heavy Commercial Vehicle EPS Production, Revenue, Price and Gross Margin (2020-2025)
- 9.7 China Heavy Commercial Vehicle EPS Production (2020-2025)
- 9.7.1 China Heavy Commercial Vehicle EPS Production Growth Rate (2020-2025)
- 9.7.2 China Heavy Commercial Vehicle EPS Production, Revenue, Price and Gross Margin (2020-2025)
- 10 Key Companies Profile
- 10.1 JTEKT
- 10.1.1 JTEKT Basic Information
- 10.1.2 JTEKT Heavy Commercial Vehicle EPS Product Overview
- 10.1.3 JTEKT Heavy Commercial Vehicle EPS Product Market Performance
- 10.1.4 JTEKT Business Overview
- 10.1.5 JTEKT SWOT Analysis
- 10.1.6 JTEKT Recent Developments
- 10.2 Nexteer
- 10.2.1 Nexteer Basic Information
- 10.2.2 Nexteer Heavy Commercial Vehicle EPS Product Overview
- 10.2.3 Nexteer Heavy Commercial Vehicle EPS Product Market Performance
- 10.2.4 Nexteer Business Overview
- 10.2.5 Nexteer SWOT Analysis
- 10.2.6 Nexteer Recent Developments
- 10.3 ZF
- 10.3.1 ZF Basic Information
- 10.3.2 ZF Heavy Commercial Vehicle EPS Product Overview
- 10.3.3 ZF Heavy Commercial Vehicle EPS Product Market Performance
- 10.3.4 ZF Business Overview
- 10.3.5 ZF SWOT Analysis
- 10.3.6 ZF Recent Developments
- 10.4 Mobis
- 10.4.1 Mobis Basic Information
- 10.4.2 Mobis Heavy Commercial Vehicle EPS Product Overview
- 10.4.3 Mobis Heavy Commercial Vehicle EPS Product Market Performance
- 10.4.4 Mobis Business Overview
- 10.4.5 Mobis Recent Developments
- 10.5 Thyssenkrupp
- 10.5.1 Thyssenkrupp Basic Information
- 10.5.2 Thyssenkrupp Heavy Commercial Vehicle EPS Product Overview
- 10.5.3 Thyssenkrupp Heavy Commercial Vehicle EPS Product Market Performance
- 10.5.4 Thyssenkrupp Business Overview
- 10.5.5 Thyssenkrupp Recent Developments
- 10.6 Mando
- 10.6.1 Mando Basic Information
- 10.6.2 Mando Heavy Commercial Vehicle EPS Product Overview
- 10.6.3 Mando Heavy Commercial Vehicle EPS Product Market Performance
- 10.6.4 Mando Business Overview
- 10.6.5 Mando Recent Developments
- 10.1 JTEKT
- 11 Heavy Commercial Vehicle EPS Market Forecast by Region
- 11.1 Global Heavy Commercial Vehicle EPS Market Size Forecast
- 11.2 Global Heavy Commercial Vehicle EPS Market Forecast by Region
- 11.2.1 North America Market Size Forecast by Country
- 11.2.2 Europe Heavy Commercial Vehicle EPS Market Size Forecast by Country
- 11.2.3 Asia Pacific Heavy Commercial Vehicle EPS Market Size Forecast by Region
- 11.2.4 South America Heavy Commercial Vehicle EPS Market Size Forecast by Country
- 11.2.5 Middle East and Africa Forecasted Sales of Heavy Commercial Vehicle EPS by Country
- 12 Forecast Market by Type and by Application (2026-2035)
- 12.1 Global Heavy Commercial Vehicle EPS Market Forecast by Type (2026-2035)
- 12.1.1 Global Forecasted Sales of Heavy Commercial Vehicle EPS by Type (2026-2035)
- 12.1.2 Global Heavy Commercial Vehicle EPS Market Size Forecast by Type (2026-2035)
- 12.1.3 Global Forecasted Price of Heavy Commercial Vehicle EPS by Type (2026-2035)
- 12.2 Global Heavy Commercial Vehicle EPS Market Forecast by Application (2026-2035)
- 12.2.1 Global Heavy Commercial Vehicle EPS Sales (K Units) Forecast by Application
- 12.2.2 Global Heavy Commercial Vehicle EPS Market Size (M USD) Forecast by Application (2026-2035)
- 12.1 Global Heavy Commercial Vehicle EPS Market Forecast by Type (2026-2035)
- 13 Conclusion and Key Findings