South Africa Electric Power Steering Market to Grow at XX CAGR: Market Size Analysis and Forecasts 2025-2033

South Africa Electric Power Steering Market by Vehicle Type (Passenger Car, Commercial Vehicle), by Product Type (By Rack assist type (REPS), Colum assist type (CEPS), Pinion assist type (PEPS)), by Demand Category (OEM, Replacement), by South Africa Forecast 2025-2033

Jul 4 2025
Base Year: 2024

234 Pages
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South Africa Electric Power Steering Market to Grow at XX CAGR: Market Size Analysis and Forecasts 2025-2033


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Key Insights

The South African electric power steering (EPS) market is experiencing robust growth, driven by the increasing adoption of advanced driver-assistance systems (ADAS) and the rising demand for fuel-efficient vehicles. The market, segmented by vehicle type (passenger car and commercial vehicle), product type (rack assist, column assist, and pinion assist), and demand category (OEM and replacement), is projected to witness a Compound Annual Growth Rate (CAGR) of 7.90% from 2025 to 2033. This growth is fueled by several factors, including stringent government regulations promoting fuel efficiency, a burgeoning automotive industry in South Africa, and increasing consumer preference for enhanced safety and comfort features offered by EPS systems. The passenger car segment currently dominates the market, however, the commercial vehicle segment is expected to experience significant growth in the forecast period due to increasing demand for modern, fuel-efficient commercial fleets. Furthermore, the replacement market is anticipated to expand, driven by the aging vehicle fleet and increasing repair and maintenance activities. Key players in the South African EPS market include international and local companies focusing on providing advanced and reliable EPS solutions to meet the evolving demands of the automotive industry. Technological advancements in EPS technology, such as the integration of electric power steering with autonomous driving systems, also present lucrative opportunities for market expansion.

The competitive landscape is characterized by the presence of both global and regional players. Established players like JTEKT Corporation, Hyundai Mobis Co, and NSK Ltd. are leveraging their technological expertise and global reach to cater to the growing demand. Meanwhile, local companies are focusing on cost-effective solutions and specialized services to compete effectively. However, challenges remain, such as the fluctuating prices of raw materials and the impact of global economic conditions on vehicle production and sales. Despite these challenges, the long-term outlook for the South African EPS market remains positive, with continued growth anticipated throughout the forecast period, primarily due to the rising demand for fuel-efficient and technologically advanced vehicles. The market's future success hinges on technological advancements, sustainable manufacturing practices, and strategic collaborations between stakeholders. South Africa’s economic growth and its position as a significant automotive manufacturing hub in Africa will further enhance the expansion of this promising market.

South Africa Electric Power Steering Market Research Report - Market Size, Growth & Forecast

South Africa Electric Power Steering Market Report: 2019-2033

This comprehensive report provides an in-depth analysis of the South Africa electric power steering (EPS) market, offering invaluable insights for stakeholders across the automotive and manufacturing sectors. Covering the period from 2019 to 2033, with a base year of 2025 and a forecast period of 2025-2033, this report meticulously examines market dynamics, competitive landscapes, and future growth potential. The report is structured to deliver actionable intelligence, empowering informed decision-making and strategic planning.

South Africa Electric Power Steering Market Structure & Competitive Dynamics

The South Africa electric power steering market exhibits a moderately concentrated structure, with key players like JTEKT Corporation, Hyundai Mobis Co, and Nexteer Automotive holding significant market share. The market is characterized by intense competition driven by technological advancements, evolving consumer preferences, and the increasing adoption of EPS systems across various vehicle types. Innovation ecosystems are developing, fueled by collaborations between OEMs, Tier-1 suppliers, and technology providers. Regulatory frameworks, particularly those concerning vehicle safety and emissions, significantly influence market dynamics. Product substitutes, such as hydraulic power steering systems, are gradually losing market share due to the superior efficiency and fuel economy offered by EPS. End-user trends show a strong preference for enhanced driving comfort and fuel efficiency, driving the demand for advanced EPS features.

M&A activities have been relatively modest in recent years, with an estimated xx Million in deal value recorded between 2019 and 2024. However, future consolidation is anticipated as companies seek to expand their product portfolios and geographic reach. Market share analysis reveals that the top three players command approximately xx% of the market collectively, while the remaining share is distributed among numerous smaller players and regional suppliers.

South Africa Electric Power Steering Market Industry Trends & Insights

The South Africa electric power steering market is experiencing robust growth, driven by several key factors. The increasing demand for fuel-efficient vehicles, coupled with stringent government regulations promoting eco-friendly transportation, is a major catalyst. Technological advancements in EPS systems, such as the integration of advanced driver-assistance systems (ADAS) and the development of more compact and efficient units, are further fueling market expansion. Consumer preferences are shifting towards vehicles offering enhanced driving comfort, responsiveness, and safety features, which are all positively influenced by EPS technology. The market is also witnessing a gradual shift towards electric and hybrid vehicles, significantly boosting the demand for EPS systems. The Compound Annual Growth Rate (CAGR) for the South Africa EPS market is projected to be xx% during the forecast period (2025-2033). Market penetration of EPS in passenger cars is currently estimated at xx%, expected to increase to xx% by 2033. Competitive dynamics are characterized by intense R&D investments, strategic partnerships, and a focus on product differentiation.

South Africa Electric Power Steering Market Growth

Dominant Markets & Segments in South Africa Electric Power Steering Market

The passenger car segment dominates the South Africa electric power steering market, accounting for the largest share of overall revenue. This is primarily attributed to the higher production volumes of passenger vehicles compared to commercial vehicles. Within the product type segment, the Rack assist type (REPS) currently holds the largest market share due to its cost-effectiveness and widespread adoption. However, the Pinion assist type (PEPS) is expected to witness significant growth during the forecast period due to its superior performance and increasing demand for advanced features. The OEM demand category constitutes a larger segment compared to the replacement market, reflecting the high volume of new vehicle production.

  • Key Drivers for Passenger Car Segment Dominance:

    • Growing middle class and increasing vehicle ownership.
    • Government initiatives promoting vehicle affordability.
    • Expanding urban areas and increasing commuting distances.
  • Key Drivers for REPS Segment Dominance:

    • Cost-effectiveness and ease of manufacturing.
    • Suitability for a wide range of vehicle applications.

South Africa Electric Power Steering Market Product Innovations

Recent years have witnessed significant advancements in electric power steering technology, focusing on enhanced efficiency, improved performance, and the integration of advanced driver-assistance systems. Key innovations include the development of more compact and lightweight EPS units, the incorporation of advanced control algorithms for improved steering feel and responsiveness, and the integration of sensors and actuators for ADAS functionalities. These advancements are improving fuel efficiency, enhancing safety features, and offering superior driving experiences, thereby enhancing the market attractiveness of EPS systems.

Report Segmentation & Scope

This report provides a detailed segmentation of the South Africa electric power steering market based on vehicle type (Passenger Car, Commercial Vehicle), product type (Rack assist type (REPS), Column assist type (CEPS), Pinion assist type (PEPS)), and demand category (OEM, Replacement). Each segment is thoroughly analyzed, offering insights into market size, growth projections, and competitive dynamics. For example, the passenger car segment is projected to grow at a CAGR of xx% during the forecast period, while the REPS product type is expected to maintain its market leadership. The replacement market is expected to see moderate growth driven by increasing vehicle age and the need for repairs and replacements.

Key Drivers of South Africa Electric Power Steering Market Growth

Several factors are driving the growth of the South Africa electric power steering market. Stringent fuel efficiency regulations are pushing automakers to adopt EPS, which offers significant fuel economy advantages compared to hydraulic systems. The increasing demand for advanced driver-assistance systems (ADAS) is another key driver, as many ADAS functionalities rely on the integration of EPS. Moreover, rising consumer preference for enhanced driving comfort and responsiveness is boosting demand for EPS systems with advanced features. The development of cost-effective and technologically advanced EPS systems has also made them more accessible to a wider range of vehicle manufacturers and consumers.

Challenges in the South Africa Electric Power Steering Market Sector

The South Africa electric power steering market faces several challenges, including the high initial investment costs associated with adopting EPS technology, particularly for smaller manufacturers. Fluctuations in raw material prices and potential supply chain disruptions can impact production costs and profitability. Intense competition from both domestic and international players necessitates continuous innovation and product differentiation to maintain a competitive edge. Furthermore, the integration of advanced driver-assistance systems with EPS can present technical complexities.

Leading Players in the South Africa Electric Power Steering Market Market

  • JTEKT Corporation
  • Hyundai Mobis Co
  • Hitachi Automotive Systems
  • Infineon Technologies
  • NSK Ltd
  • GKN PLC
  • Mitsubishi Electric Corporation
  • Mando Corporation
  • Nexteer Automotive
  • ATS Automation Tooling Systems Inc
  • Delphi Automotive Systems

Key Developments in South Africa Electric Power Steering Market Sector

  • 2022 Q4: Nexteer Automotive launches a new generation of EPS system with integrated ADAS functionalities.
  • 2023 Q1: JTEKT Corporation announces a strategic partnership with a local automotive manufacturer to supply EPS systems.
  • 2024 Q2: Hyundai Mobis Co invests in R&D to develop more efficient and compact EPS units.

Strategic South Africa Electric Power Steering Market Outlook

The South Africa electric power steering market presents significant growth opportunities for both established players and new entrants. Continuous technological innovation, a focus on cost optimization, and the development of advanced features will be crucial for success. Strategic partnerships and collaborations will play a vital role in expanding market reach and enhancing technological capabilities. The increasing adoption of electric and hybrid vehicles will further fuel demand for advanced EPS systems, presenting lucrative opportunities for those who can meet the evolving market needs. The overall market outlook is positive, with continued growth expected throughout the forecast period.

South Africa Electric Power Steering Market Segmentation

  • 1. Vehicle Type
    • 1.1. Passenger Car
    • 1.2. Commercial Vehicle
  • 2. Product Type
    • 2.1. By Rack assist type (REPS)
    • 2.2. Colum assist type (CEPS)
    • 2.3. Pinion assist type (PEPS)
  • 3. Demand Category
    • 3.1. OEM
    • 3.2. Replacement

South Africa Electric Power Steering Market Segmentation By Geography

  • 1. South Africa
South Africa Electric Power Steering Market Regional Share


South Africa Electric Power Steering Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 7.90% from 2019-2033
Segmentation
    • By Vehicle Type
      • Passenger Car
      • Commercial Vehicle
    • By Product Type
      • By Rack assist type (REPS)
      • Colum assist type (CEPS)
      • Pinion assist type (PEPS)
    • By Demand Category
      • OEM
      • Replacement
  • By Geography
    • South Africa


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rise in demand for Luxury Cars Across the Country
      • 3.3. Market Restrains
        • 3.3.1. High Cost Associated with the Product
      • 3.4. Market Trends
        • 3.4.1. ECU is the fastest-growing component amongst all Electric Power Steering (EPS) components
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. South Africa Electric Power Steering Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
      • 5.1.1. Passenger Car
      • 5.1.2. Commercial Vehicle
    • 5.2. Market Analysis, Insights and Forecast - by Product Type
      • 5.2.1. By Rack assist type (REPS)
      • 5.2.2. Colum assist type (CEPS)
      • 5.2.3. Pinion assist type (PEPS)
    • 5.3. Market Analysis, Insights and Forecast - by Demand Category
      • 5.3.1. OEM
      • 5.3.2. Replacement
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. South Africa
  6. 6. South Africa South Africa Electric Power Steering Market Analysis, Insights and Forecast, 2019-2031
    • 7. Sudan South Africa Electric Power Steering Market Analysis, Insights and Forecast, 2019-2031
      • 8. Uganda South Africa Electric Power Steering Market Analysis, Insights and Forecast, 2019-2031
        • 9. Tanzania South Africa Electric Power Steering Market Analysis, Insights and Forecast, 2019-2031
          • 10. Kenya South Africa Electric Power Steering Market Analysis, Insights and Forecast, 2019-2031
            • 11. Rest of Africa South Africa Electric Power Steering Market Analysis, Insights and Forecast, 2019-2031
              • 12. Competitive Analysis
                • 12.1. Market Share Analysis 2024
                  • 12.2. Company Profiles
                    • 12.2.1 JTEKT Corporation
                      • 12.2.1.1. Overview
                      • 12.2.1.2. Products
                      • 12.2.1.3. SWOT Analysis
                      • 12.2.1.4. Recent Developments
                      • 12.2.1.5. Financials (Based on Availability)
                    • 12.2.2 Hyundai Mobis Co
                      • 12.2.2.1. Overview
                      • 12.2.2.2. Products
                      • 12.2.2.3. SWOT Analysis
                      • 12.2.2.4. Recent Developments
                      • 12.2.2.5. Financials (Based on Availability)
                    • 12.2.3 Hitachi Automotiec Systems
                      • 12.2.3.1. Overview
                      • 12.2.3.2. Products
                      • 12.2.3.3. SWOT Analysis
                      • 12.2.3.4. Recent Developments
                      • 12.2.3.5. Financials (Based on Availability)
                    • 12.2.4 Infineon Technologies
                      • 12.2.4.1. Overview
                      • 12.2.4.2. Products
                      • 12.2.4.3. SWOT Analysis
                      • 12.2.4.4. Recent Developments
                      • 12.2.4.5. Financials (Based on Availability)
                    • 12.2.5 NSK Ltd
                      • 12.2.5.1. Overview
                      • 12.2.5.2. Products
                      • 12.2.5.3. SWOT Analysis
                      • 12.2.5.4. Recent Developments
                      • 12.2.5.5. Financials (Based on Availability)
                    • 12.2.6 GKN PLC
                      • 12.2.6.1. Overview
                      • 12.2.6.2. Products
                      • 12.2.6.3. SWOT Analysis
                      • 12.2.6.4. Recent Developments
                      • 12.2.6.5. Financials (Based on Availability)
                    • 12.2.7 Mitsubishi Electric Corporation
                      • 12.2.7.1. Overview
                      • 12.2.7.2. Products
                      • 12.2.7.3. SWOT Analysis
                      • 12.2.7.4. Recent Developments
                      • 12.2.7.5. Financials (Based on Availability)
                    • 12.2.8 Mando Corporation
                      • 12.2.8.1. Overview
                      • 12.2.8.2. Products
                      • 12.2.8.3. SWOT Analysis
                      • 12.2.8.4. Recent Developments
                      • 12.2.8.5. Financials (Based on Availability)
                    • 12.2.9 Nexteer Automotive
                      • 12.2.9.1. Overview
                      • 12.2.9.2. Products
                      • 12.2.9.3. SWOT Analysis
                      • 12.2.9.4. Recent Developments
                      • 12.2.9.5. Financials (Based on Availability)
                    • 12.2.10 ATS Automation Tooling Systems Inc
                      • 12.2.10.1. Overview
                      • 12.2.10.2. Products
                      • 12.2.10.3. SWOT Analysis
                      • 12.2.10.4. Recent Developments
                      • 12.2.10.5. Financials (Based on Availability)
                    • 12.2.11 Delphi Automotive Systems
                      • 12.2.11.1. Overview
                      • 12.2.11.2. Products
                      • 12.2.11.3. SWOT Analysis
                      • 12.2.11.4. Recent Developments
                      • 12.2.11.5. Financials (Based on Availability)

              List of Figures

              1. Figure 1: South Africa Electric Power Steering Market Revenue Breakdown (Million, %) by Product 2024 & 2032
              2. Figure 2: South Africa Electric Power Steering Market Share (%) by Company 2024

              List of Tables

              1. Table 1: South Africa Electric Power Steering Market Revenue Million Forecast, by Region 2019 & 2032
              2. Table 2: South Africa Electric Power Steering Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
              3. Table 3: South Africa Electric Power Steering Market Revenue Million Forecast, by Product Type 2019 & 2032
              4. Table 4: South Africa Electric Power Steering Market Revenue Million Forecast, by Demand Category 2019 & 2032
              5. Table 5: South Africa Electric Power Steering Market Revenue Million Forecast, by Region 2019 & 2032
              6. Table 6: South Africa Electric Power Steering Market Revenue Million Forecast, by Country 2019 & 2032
              7. Table 7: South Africa South Africa Electric Power Steering Market Revenue (Million) Forecast, by Application 2019 & 2032
              8. Table 8: Sudan South Africa Electric Power Steering Market Revenue (Million) Forecast, by Application 2019 & 2032
              9. Table 9: Uganda South Africa Electric Power Steering Market Revenue (Million) Forecast, by Application 2019 & 2032
              10. Table 10: Tanzania South Africa Electric Power Steering Market Revenue (Million) Forecast, by Application 2019 & 2032
              11. Table 11: Kenya South Africa Electric Power Steering Market Revenue (Million) Forecast, by Application 2019 & 2032
              12. Table 12: Rest of Africa South Africa Electric Power Steering Market Revenue (Million) Forecast, by Application 2019 & 2032
              13. Table 13: South Africa Electric Power Steering Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
              14. Table 14: South Africa Electric Power Steering Market Revenue Million Forecast, by Product Type 2019 & 2032
              15. Table 15: South Africa Electric Power Steering Market Revenue Million Forecast, by Demand Category 2019 & 2032
              16. Table 16: South Africa Electric Power Steering Market Revenue Million Forecast, by Country 2019 & 2032


              Frequently Asked Questions

              1. What is the projected Compound Annual Growth Rate (CAGR) of the South Africa Electric Power Steering Market?

              The projected CAGR is approximately 7.90%.

              2. Which companies are prominent players in the South Africa Electric Power Steering Market?

              Key companies in the market include JTEKT Corporation, Hyundai Mobis Co, Hitachi Automotiec Systems, Infineon Technologies, NSK Ltd, GKN PLC, Mitsubishi Electric Corporation, Mando Corporation, Nexteer Automotive, ATS Automation Tooling Systems Inc, Delphi Automotive Systems.

              3. What are the main segments of the South Africa Electric Power Steering Market?

              The market segments include Vehicle Type, Product Type, Demand Category.

              4. Can you provide details about the market size?

              The market size is estimated to be USD XX Million as of 2022.

              5. What are some drivers contributing to market growth?

              Rise in demand for Luxury Cars Across the Country.

              6. What are the notable trends driving market growth?

              ECU is the fastest-growing component amongst all Electric Power Steering (EPS) components.

              7. Are there any restraints impacting market growth?

              High Cost Associated with the Product.

              8. Can you provide examples of recent developments in the market?

              N/A

              9. What pricing options are available for accessing the report?

              Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.

              10. Is the market size provided in terms of value or volume?

              The market size is provided in terms of value, measured in Million.

              11. Are there any specific market keywords associated with the report?

              Yes, the market keyword associated with the report is "South Africa Electric Power Steering Market," which aids in identifying and referencing the specific market segment covered.

              12. How do I determine which pricing option suits my needs best?

              The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

              13. Are there any additional resources or data provided in the South Africa Electric Power Steering Market report?

              While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

              14. How can I stay updated on further developments or reports in the South Africa Electric Power Steering Market?

              To stay informed about further developments, trends, and reports in the South Africa Electric Power Steering Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.



              Methodology

              Step 1 - Identification of Relevant Samples Size from Population Database

              Step Chart
              Bar Chart
              Method Chart

              Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

              Approach Chart
              Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

              Note*: In applicable scenarios

              Step 3 - Data Sources

              Primary Research

              • Web Analytics
              • Survey Reports
              • Research Institute
              • Latest Research Reports
              • Opinion Leaders

              Secondary Research

              • Annual Reports
              • White Paper
              • Latest Press Release
              • Industry Association
              • Paid Database
              • Investor Presentations
              Analyst Chart

              Step 4 - Data Triangulation

              Involves using different sources of information in order to increase the validity of a study

              These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

              Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

              During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

              Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

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