Market Share of China Electric Power Steering Industry
The China Automotive Power Steering Market is consolidated with existing market players such as JTEKT, NSK Ltd., ZF TRW, Nexteer Automotive, Rane Group, and Sono Koyo Steering which hold the most significant shares. To have the edge over its competitors' companies are making joint-ventures, partnerships, launching new products with advanced technology.
For instance, Companies such as Infiniti Q50 incorporated adaptive steering in vehicles whose sensors continuously monitor the position of the steering wheel. Also, these torque ECU sensors are integrated into the EPS system. The torque sensors measure the effort applied by the driver to steer the vehicle.
China Electric Power Steering Market Leaders
JTEKT Corp.
Nexteer Automotive
ZF / TRW
Bosch Corporation
NSK
*Disclaimer: Major Players sorted in no particular order
