Market Share of Europe Automotive EPS Industry
The European automotive steering sensor market is moderately consolidated. Some of the prominent companies in the automotive steering sensor market are Robert Bosch GmbH, Continental AG, and TE Connectivity. Companies are entering into partnership and collaboration holds the major share in the market and have an advantage over the rivals.
- In 2019, NSK Ltd. which was a leader in electric power steering and Volkswagen AG have entered into a formal cooperation agreement, both companies steering divisions have agreed on development cooperation.
Europe Automotive EPS Market Leaders
Robert Bosch GmbH
NSK Ltd.
ZF Friedrichshafen AG
JTEKT Corporation
Nexteer Automotive Group Ltd
*Disclaimer: Major Players sorted in no particular order