Transparency Market Research has published a new report on the global automotive electric power steering market for the forecast period of 2019–2027. According to the report, the global automotive electric power steering market is projected to reach ~ US$ 33.8 Bn by 2027 , expanding at a CAGR of ~ 5% during the forecast period. Global Automotive Electric Power Steering Market: Key Findings According to the report, the global automotive electric power steering market is likely to be driven by the demand for efficient power steering systems. EPS with ADAS is a prominent segment of the automotive electric power steering market. Rise in the adoption of electric vehicles is expected to be a major driver of the automotive electric power steering market. Key manufacturers such as JTEKT Corporation and DENSO CORPORATION are likely to play a major role in propelling the global automotive electric power steering market with continuous develo...