Market Share of Automotive Electric Power Steering ECU Industry
The automotive power steering ECU market is consolidated, with the existing market players such as JTEKT, NSK Ltd, ZF TRW, Nexteer Automotive, and Sono Koyo Steering holding the most significant shares. To have an edge over their competitors, companies are making joint ventures, partnerships, and launching new products with advanced technology.
For instance, in January 2021, Nissan's new "Rogue" was launched and equipped with JTEKT Electric Power Steering with Gen2 in-house ECU.
In October 2020, Nexteer unveiled a new high-output EPS system that enables heavier vehicles to take advantage of advanced safety, comfort, and fuel economy.
Automotive ECU Market Leaders
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JTEKT
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NSK Ltd.
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ZF TRW
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Nexteer Automotive
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Bosch Corporation
*Disclaimer: Major Players sorted in no particular order