SBW has entered the first year of large-scale production, with technological breakthroughs and cost control becoming the focus of industry competition

In 2026, with the official implementation of the new national standard GB17675-2025, steer by wire (SBW) has completely cleared the compliance barriers for mass production and become a core hotspot in China's automotive power steering pump industry, marking the first year of large-scale production of steer by wire. Currently, SBW technology has achieved key breakthroughs, with overseas leaders and domestic enterprises accelerating their layout. Market competition is becoming increasingly fierce, and technological optimization and cost control have become the core focus for enterprises to seize market share.Line controlled steering (SBW) is the ultimate technological form of automotive steering systems, with "mechanical decoupling and electronic control interconnection" as the core. It adopts a combination architecture of upper steering actuator (HWA) and lower steering actuator (RWA), combined with dual redundant electronic control units and sensing modules, to build a...

The market size of power steering pump accessories will steadily increase in 2026, with new energy vehicles becoming the core growth engine

In 2026, driven by multiple trends of electrification, intelligence, and green manufacturing, the Chinese automotive power steering pump parts market will show a parallel development trend of structural upgrading and steady expansion in scale. Data shows that the market size of China's power steering pump accessories is expected to reach 7.28 billion yuan in 2026, a year-on-year increase of 8.2%. New energy vehicles have become the core growth engine, driving a surge in demand for new accessories and promoting the industry's transformation towards high-end and diversified products.Looking back at the period from 2021 to 2025, the Chinese market for power steering pump accessories has experienced a dual driving force of structural adjustment and technological iteration, presenting an overall trend of stable and upward development. According to the "Annual Operating Report of the Automotive Parts Industry (2025 Edition)" jointly released by the China Association of Auto...

Technological iteration accelerates, the power steering pump is upgraded towards lightweight, low power consumption, and intelligence, and breakthroughs in domestic core components are evident

In recent years, domestic enterprises have increased their R&D investment and made significant breakthroughs in the field of key components, gradually breaking the monopoly of overseas enterprises in the replacement of domestic core components. The localization rate of high-performance neodymium iron boron magnets for brushless motors has increased to 67%, and Hall sensors and automotive grade MCUs are accelerating the replacement of imports. The BYD PS2600 series pressure sensors launched by BYD Semiconductor in Shenzhen use self-developed SOI (silicon on insulator) MEMS wafers, with zero temperature drift controlled within ± 0.02% FS/℃, and have been applied in EPS redundant monitoring circuits for high-end vehicle models. As of 2025, the localization rate of pressure sensors for steering systems has exceeded 50% for the first time, reaching 51.7%. The localization rate of flow control valves has reached 67.4%, and the localization rate of sealing components has reached 78.6%. ...

Global layout of braking+turning full industry chain, accelerating global expansion

At present, the electrification and intelligent transformation of the automotive industry has entered a deep water zone. As the core component of the automotive chassis, the power steering pump is entering a critical period of technological iteration. Lightweight, low power consumption, and high responsiveness have become the core indicators of the next generation of products. At the same time, the domestic substitution process of domestic core components is accelerating, gradually breaking the monopoly pattern of overseas enterprises in the high-end field and promoting high-quality development of the industry.In the field of lightweighting, with the increasing demand for range in new energy vehicles, lightweighting of power steering pumps has become a key direction for enterprise technology research and development. At present, the industry mainly achieves breakthroughs in lightweighting through material innovation and structural optimization, using new materials such as high-strength...

In 2026, the Chinese automotive power steering pump market will undergo structural changes

Since 2026, driven by the "dual carbon" strategy and the comprehensive electrification and intelligent transformation of the automotive industry, the Chinese automotive power steering pump market has undergone profound structural changes. Traditional hydraulic power steering pumps (HPS) are accelerating their exit from the market, electric power steering (EPS) has become the absolute mainstream, and turn by wire (SBW) is leveraging advanced intelligent driving to enter the key node of large-scale production. Industry insiders point out that in the next five years, China's power steering pump market will undergo a complete transformation from "hydraulic dominance" to "electronic control leadership". While the market size steadily increases, the technological roadmap and competitive landscape will undergo a comprehensive restructuring.Market data shows that the configuration rate of traditional hydraulic power steering pumps (HPS) in new passenger car mo...

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