Market Share of North America Adaptive Steering Industry
The North America Adaptive Steering Market is moderately consolidated with existing players such as Bosch, JTEKT, NSK, and Nexteer. As the demand for adaptive steering vehicles is growing in the region, the automotive manufacturers are trying to edge over its competitors by making joint-ventures, partnerships, and launching new products with advanced technology.
In January 2020, Robert Bosch GmbH had announced its plan to expand its range of steering systems and attachment parts for the commercial vehicle aftermarket.
In April 2019, ZF Friedrichshafen AG had announced ZF coPILOT, which enables enhanced safety and driving comfort with the intervention of Artificial Intelligence (AI). It can be operated with voice commands and is designed to recognize traffic conditions, sense vehicle handling, and monitor the driver.
North America Adaptive Steering Market Leaders
BOSCH
JTEKT
NSK
NEXTEER
ZF TRW
*Disclaimer: Major Players sorted in no particular order
