Automotive EPS and EPB Systems Market Revenue was valued at USD 26.7 Billion in 2024 and is estimated to reach USD 41.2 Billion by 2033, growing at a CAGR of 5.1% from 2026 to 2033.
The Malaysia automotive industry has witnessed significant transformation with the increasing adoption of Electric Power Steering (EPS) and Electric Park Brake (EPB) systems in vehicles. These advanced technologies are becoming integral to modern vehicles, offering enhanced safety, performance, and efficiency. As the demand for smarter, more efficient vehicles grows, the role of EPS and EPB systems in the Malaysian automotive market is poised to expand even further.
The Automotive EPS and EPB Systems Market in Malaysia is largely driven by a shift towards improved vehicle handling, energy efficiency, and the push for autonomous driving technologies. EPS systems, which electronically assist steering functions, reduce the weight of traditional hydraulic systems and provide better fuel efficiency. Meanwhile, EPB systems are replacing traditional mechanical parking brakes with electronic versions, contributing to a more streamlined and modern vehicle interior. These innovations are crucial for both local and international automotive manufacturers aiming to meet the evolving requirements of consumers and regulatory standards.
Industries across Malaysia are demanding EPS and EPB systems to meet the specific needs of modern vehicles. For instance, manufacturers are focused on developing vehicles with lower environmental impact and improved user experience. EPS provides a level of steering precision that is increasingly required in advanced driver-assistance systems (ADAS). The Malaysian automotive sector, recognizing the importance of integrating these technologies, is driving a transition from manual to electronic systems in various vehicle models.
Market analysis indicates that consumer preference for enhanced driving experiences, greater fuel efficiency, and vehicle performance is leading to an uptick in the demand for these systems. Moreover, the Malaysian government’s initiatives to encourage environmentally friendly automotive technologies have further propelled the growth of the Automotive EPS and EPB Systems Market. Local manufacturers are leveraging these advancements to boost the competitiveness of Malaysian-made vehicles in both domestic and international markets.
EPS and EPB systems are no longer just luxury options; they have become essential components in the mainstream automotive market, responding to growing consumer demand for safety, sustainability, and technological sophistication. As these systems continue to evolve, the Malaysian automotive industry is expected to see a significant transformation in how vehicles are designed, manufactured, and experienced.
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Aisin
Mando
Bosch
NSK
Wuhu Bethel Automotive
Hitachi Astemo
Zhejiang Shibao
Thyssenkrupp
Nexteer
ZF
CAAS
Hyundai Mobis
Advics
Zhuzhou Elite
JTEKT
Küster
By 2030, Malaysia is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Malaysia is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Malaysia is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Malaysia, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Malaysia Automotive EPS and EPB Systems Market
Column Assist EPS
Pinion Assist EPS
Rack Assist EPS
Electronic Control Unit (ECU)
Motor
Sensor
Gear Mechanism
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Steering
Braking
Drum Brake EPB
Disc Brake EPB
1. Singapore
Relationship: Strong economic ties; major trading partner.
Highlights: Advanced financial and logistics hub; shares deep cross-border business and travel links with Malaysia.
2. Indonesia
Relationship: Largest ASEAN economy; close cultural and linguistic ties.
Highlights: Major market for Malaysian exports; shared initiatives in palm oil, labor, and regional security.
3. Thailand
Relationship: Land-border neighbor with active cross-border trade.
Highlights: Strong tourism, agricultural, and automotive collaboration.
4. Brunei
Relationship: Close diplomatic and energy-sector ties.
Highlights: Joint ventures in oil & gas; similar Malay cultural heritage.
5. Philippines
Relationship: Regional partner in ASEAN; maritime neighbor.
Highlights: Collaborations in education, labor migration, and disaster relief.
6. Vietnam
Relationship: Growing trade and investment partner.
Highlights: Rising manufacturing hub; strong demand for Malaysian technology and services.
7. Cambodia, Laos, and Myanmar
Relationship: Developing ASEAN members with growing economic ties to Malaysia.
Highlights: Opportunities in construction, retail, and financial services.
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1. Introduction of the Malaysia Automotive EPS and EPB Systems Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Malaysia Automotive EPS and EPB Systems Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Malaysia Automotive EPS and EPB Systems Market, By Type
6. Malaysia Automotive EPS and EPB Systems Market, By Application
7. Malaysia Automotive EPS and EPB Systems Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia
Vietnam
8. Malaysia Automotive EPS and EPB Systems Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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