View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
November 5, 2015

UK: Global EPS fitment to rise to 88% by 2023

Electric Power Steering (EPS) has become the technology of choice for fuel-efficient vehicles as vehicle manufacturers strive to reduce their CO2 emissions, according to just-auto's research unit, QUBE.

Electric Power Steering (EPS) has become the technology of choice for fuel-efficient vehicles as vehicle manufacturers strive to reduce their CO2 emissions, according to just-auto's research unit, QUBE.

QUBE research suggests that around three quarters of light vehicles worldwide are currently equipped with EPS and that this will rise to around 88% by 2023.

EPS systems offer lower energy consumption than traditional hydraulic systems, an important consideration as the automotive industry faces tougher emissions and average CO2 targets.

Additionally, EPS systems can integrate with other on-board electronics to improve overall safety and driving performance.

A further boost to EPS is coming from increasing sales of hybrid and electric vehicles that require EPS systems for steering operation in electric mode.

"Electrification is certainly one trend that is helping to drive EPS penetration up," says QUBE analyst Matthew Beecham. "We're seeing more EPS systems on the market. Its platform flexibility allows it to be applied to non-hybrid variants as well."

However, Beecham also maintains that hydraulic systems will not disappear overnight. "Cost is a factor in some emerging markets," he says. "EPS systems tend to be more expensive than hydraulic, though that will change in the long-term as EPS achieves even greater scale and unit prices fall further."

A further finding from the QUBE research unit is that steering system makers are focusing on light-weight construction. "By reducing the weight of an EPS system it will be possible to save even more fuel in the future. Therefore new materials are being investigated at the moment," Beecham adds.

More: Why EPS prices will fall

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto