What Is the Global Electric Power Steering (EPS) Sensor Market Forecast 2026–2034?

According to Semiconductor Insight, the global Electric Power Steering (EPS) Sensor Market was valued at US$1.92 billion in 2024 and is projected to reach US$3.46 billion by 2032, growing at a 8.74% CAGR during 2025–2032.

EPS sensors detect steering-wheel position and driver input torque, providing important information for electric steering assistance and vehicle-control systems.

View the complete report: https://semiconductorinsight.com/report/global-electric-power-steering-eps-sensor-market/

Why Is Demand Increasing?

The shift from hydraulic steering toward electric power steering is increasing demand for accurate and reliable sensors.

Electric vehicles are also supporting the market because EPS systems can contribute to vehicle efficiency and electronic control.

ADAS and autonomous-driving functions are creating additional requirements for precise steering feedback.

Technology & Industry Trends

The market includes Torque-Only Sensors and Torque-Angle Sensors.

Sensor miniaturization, contactless sensing and higher reliability are important technology directions. Advanced steering systems also require increasingly precise feedback and functional-safety performance.

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Segmentation Highlights

The report analyzes EPS sensors by:

• Torque Only Sensor
• Torque Angle Sensor
• Passenger Vehicle
• Commercial Vehicle
• Internal Combustion Engine Vehicles
• Hybrid Electric Vehicles
• Battery Electric Vehicles

Regional Outlook

Asia Pacific dominates the market, supported by vehicle production in China, Japan and South Korea.

Competitive Landscape

Key players include Robert Bosch, HELLA, Valeo, LG, Methode Electronics and Infineon Technologies.

View the complete report: https://semiconductorinsight.com/report/global-electric-power-steering-eps-sensor-market/

FAQ

What was the 2024 market size?

US$1.92 billion.

What is the 2032 forecast?

US$3.46 billion.

What is the CAGR?

8.74%.

What drives EPS sensor demand?

Vehicle electrification, fuel-efficiency requirements, ADAS and autonomous-driving technologies.

Report Scope

The report covers EPS sensor types, vehicle applications, regional markets, technology trends, competitive companies and market dynamics through 2032.

View the complete report: https://semiconductorinsight.com/report/global-electric-power-steering-eps-sensor-market/

Download the free sample:
https://semiconductorinsight.com/report/global-electric-power-steering-eps-sensor-market/

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Semiconductor Insight provides market research and strategic intelligence across semiconductor, electronics, RF, microwave, telecommunications, aerospace, and defense technology markets.

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