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The publisher has been monitoring the medium and heavy-duty truck steering system market and it is poised to grow by 1401.00 thousand units during 2022-2026 progressing at a CAGR of 7.05% during the forecast period. The report on the medium and heavy-duty truck steering system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by dynamic steering for medium and heavy-duty trucks and the growth of medium and heavy-duty trucks in India and Eastern Europe.
The medium and heavy-duty truck steering system market analysis includes application and type segments and geographic landscape.
The medium and heavy-duty truck steering system market is segmented as below:
By Application
- Medium-duty truck
- Heavy-duty truck
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- MEA
By Type
- Hydraulic power steering
- Electro-hydraulic power steering
- Electric power steering
This study identifies the increasing need for enhanced safety, performance, and driver comfort as one of the prime reasons driving the medium and heavy-duty truck steering system market growth during the next few years.
The report on medium and heavy-duty truck steering system market covers the following areas:
- Medium and heavy-duty truck steering system market sizing
- Medium and heavy-duty truck steering system market forecast
- Medium and heavy-duty truck steering system market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medium and heavy-duty truck steering system market vendors that include AB Volvo, China Automotive Systems Inc., Hyundai Motor Co., JTEKT Corp., Knorr-Bremse AG, Mando Corp., Nexteer Automotive Group Ltd., Robert Bosch GmbH, thyssenkrupp AG, and ZF Friedrichshafen AG. Also, the medium and heavy-duty truck steering system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Market LandscapeExecutive Summary
- Market ecosystem
Market Landscape
- Value chain analysis
- Market ecosystem
- Value chain analysis
Market Sizing
Market Sizing
- Market definition
- Market definition
- Market segment analysis
- Market size 2021
- Market segment analysis
- Market outlook: Forecast for 2021 - 2026
- Market size 2021
Five Forces Analysis
- Market outlook: Forecast for 2021 - 2026
- Bargaining power of buyers
Five Forces Analysis
- Bargaining power of suppliers
- Bargaining power of buyers
- Threat of new entrants
- Bargaining power of suppliers
- Threat of substitutes
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Threat of rivalry
Market Segmentation by Application
- Market condition
- Market segments
Market Segmentation by Application
- Comparison by Application
- Market segments
- Comparison by Application
- Medium-duty truck - Market size and forecast 2021-2026
- Heavy-duty truck - Market size and forecast 2021-2026
- Medium-duty truck - Market size and forecast 2021-2026
- Heavy-duty truck - Market size and forecast 2021-2026
- Market opportunity by Application
Market Segmentation by Type
- Market opportunity by Application
- Market segments
Market Segmentation by Type
- Comparison by Type
- Market segments
- Comparison by Type
- Hydraulic power steering - Market size and forecast 2021-2026
- Hydraulic power steering - Market size and forecast 2021-2026
- Electro-hydraulic power steering - Market size and forecast 2021-2026
- Electro-hydraulic power steering - Market size and forecast 2021-2026
- Electric power steering - Market size and forecast 2021-2026
- Electric power steering - Market size and forecast 2021-2026
- Market opportunity by Type
Geographic Landscape
- Market opportunity by Type
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2021-2026
- APAC - Market size and forecast 2021-2026
- North America - Market size and forecast 2021-2026
- Europe - Market size and forecast 2021-2026
- North America - Market size and forecast 2021-2026
- Europe - Market size and forecast 2021-2026
- South America - Market size and forecast 2021-2026
- MEA - Market size and forecast 2021-2026
- South America - Market size and forecast 2021-2026
- MEA - Market size and forecast 2021-2026
- Key leading countries
- Key leading countries
- Market opportunity By Geographical Landscape
- Market drivers
- Market opportunity By Geographical Landscape
- Market challenges
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Market trends
- Vendor landscape
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Landscape disruption
Vendor Analysis
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Vendors covered
- Market positioning of vendors
- AB Volvo
- AB Volvo
- China Automotive Systems Inc.
- Hyundai Motor Co.
- China Automotive Systems Inc.
- JTEKT Corp.
- Hyundai Motor Co.
- Knorr-Bremse AG
- JTEKT Corp.
- Knorr-Bremse AG
- Mando Corp.
- Nexteer Automotive Group Ltd.
- Mando Corp.
- Nexteer Automotive Group Ltd.
- Robert Bosch GmbH
- Robert Bosch GmbH
- thyssenkrupp AG
- thyssenkrupp AG
- ZF Friedrichshafen AG
Appendix
- ZF Friedrichshafen AG
Appendix
- Scope of the report
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
- List of abbreviations
List of ExhibitsExhibits 1: Key Finding 1
Exhibits 2: Key Finding 2
Exhibits 3: Key Finding 3
Exhibits 4: Key Finding 5
Exhibits 5: Key Finding 6
Exhibits 6: Key Finding 7
Exhibits 7: Key Finding 8
Exhibits 8: Key Finding 9
Exhibits 9: Parent market
Exhibits 10: Market characteristics
Exhibits 11: Offerings of vendors included in the market definition
Exhibits 12: Market segments
Exhibits 13: Global - Market size and forecast 2021 - 2026 (thousand units)
Exhibits 14: Global market: Year-over-year growth 2021 - 2026 (%)
Exhibits 15: Five forces analysis 2021 & 2026
Exhibits 16: Bargaining power of buyers
Exhibits 17: Bargaining power of suppliers
Exhibits 18: Threat of new entrants
Exhibits 19: Threat of substitutes
Exhibits 20: Threat of rivalry
Exhibits 21: Market condition - Five forces 2021
Exhibits 22: Application - Market share 2021-2026 (%)
Exhibits 23: Comparison by Application
Exhibits 24: Medium-duty truck - Market size and forecast 2021-2026 (thousand units)
Exhibits 25: Medium-duty truck - Year-over-year growth 2021-2026 (%)
Exhibits 26: Heavy-duty truck - Market size and forecast 2021-2026 (thousand units)
Exhibits 27: Heavy-duty truck - Year-over-year growth 2021-2026 (%)
Exhibits 28: Market opportunity by Application
Exhibits 29: Type - Market share 2021-2026 (%)
Exhibits 30: Comparison by Type
Exhibits 31: Hydraulic power steering - Market size and forecast 2021-2026 (thousand units)
Exhibits 32: Hydraulic power steering - Year-over-year growth 2021-2026 (%)
Exhibits 33: Electro-hydraulic power steering - Market size and forecast 2021-2026 (thousand units)
Exhibits 34: Electro-hydraulic power steering - Year-over-year growth 2021-2026 (%)
Exhibits 35: Electric power steering - Market size and forecast 2021-2026 (thousand units)
Exhibits 36: Electric power steering - Year-over-year growth 2021-2026 (%)
Exhibits 37: Market opportunity by Type
Exhibits 38: Customer landscape
Exhibits 39: Market share By Geographical Landscape 2021-2026 (%)
Exhibits 40: Geographic comparison
Exhibits 41: APAC - Market size and forecast 2021-2026 (thousand units)
Exhibits 42: APAC - Year-over-year growth 2021-2026 (%)
Exhibits 43: North America - Market size and forecast 2021-2026 (thousand units)
Exhibits 44: North America - Year-over-year growth 2021-2026 (%)
Exhibits 45: Europe - Market size and forecast 2021-2026 (thousand units)
Exhibits 46: Europe - Year-over-year growth 2021-2026 (%)
Exhibits 47: South America - Market size and forecast 2021-2026 (thousand units)
Exhibits 48: South America - Year-over-year growth 2021-2026 (%)
Exhibits 49: MEA - Market size and forecast 2021-2026 (thousand units)
Exhibits 50: MEA - Year-over-year growth 2021-2026 (%)
Exhibits 51: Key leading countries
Exhibits 52: Market opportunity By Geographical Landscape (thousand units)
Exhibits 53: Impact of drivers and challenges
Exhibits 54: Vendor landscape
Exhibits 55: Landscape disruption
Exhibits 56: Industry risks
Exhibits 57: Vendors covered
Exhibits 58: Market positioning of vendors
Exhibits 59: AB Volvo - Overview
Exhibits 60: AB Volvo - Business segments
Exhibits 61: AB Volvo - Key offerings
Exhibits 62: AB Volvo - Key customers
Exhibits 63: AB Volvo - Segment focus
Exhibits 64: China Automotive Systems Inc. - Overview
Exhibits 65: China Automotive Systems Inc. - Business segments
Exhibits 66: China Automotive Systems Inc. - Key offerings
Exhibits 67: China Automotive Systems Inc. - Key customers
Exhibits 68: China Automotive Systems Inc. - Segment focus
Exhibits 69: Hyundai Motor Co. - Overview
Exhibits 70: Hyundai Motor Co. - Business segments
Exhibits 71: Hyundai Motor Co. - Key offerings
Exhibits 72: Hyundai Motor Co. - Key customers
Exhibits 73: Hyundai Motor Co. - Segment focus
Exhibits 74: JTEKT Corp. - Overview
Exhibits 75: JTEKT Corp. - Business segments
Exhibits 76: JTEKT Corp. - Key offerings
Exhibits 77: JTEKT Corp. - Key customers
Exhibits 78: JTEKT Corp. - Segment focus
Exhibits 79: Knorr-Bremse AG - Overview
Exhibits 80: Knorr-Bremse AG - Business segments
Exhibits 81: Knorr-Bremse AG - Key offerings
Exhibits 82: Knorr-Bremse AG - Key customers
Exhibits 83: Knorr-Bremse AG - Segment focus
Exhibits 84: Mando Corp. - Overview
Exhibits 85: Mando Corp. - Product and service
Exhibits 86: Mando Corp. - Key offerings
Exhibits 87: Mando Corp. - Key customers
Exhibits 88: Mando Corp. - Segment focus
Exhibits 89: Nexteer Automotive Group Ltd. - Overview
Exhibits 90: Nexteer Automotive Group Ltd. - Business segments
Exhibits 91: Nexteer Automotive Group Ltd. - Key offerings
Exhibits 92: Nexteer Automotive Group Ltd. - Key customers
Exhibits 93: Nexteer Automotive Group Ltd. - Segment focus
Exhibits 94: Robert Bosch GmbH - Overview
Exhibits 95: Robert Bosch GmbH - Business segments
Exhibits 96: Robert Bosch GmbH - Key offerings
Exhibits 97: Robert Bosch GmbH - Key customers
Exhibits 98: Robert Bosch GmbH - Segment focus
Exhibits 99: thyssenkrupp AG - Overview
Exhibits 100: thyssenkrupp AG - Business segments
Exhibits 101: thyssenkrupp AG - Key offerings
Exhibits 102: thyssenkrupp AG - Key customers
Exhibits 103: thyssenkrupp AG - Segment focus
Exhibits 104: ZF Friedrichshafen AG - Overview
Exhibits 105: ZF Friedrichshafen AG - Business segments
Exhibits 106: ZF Friedrichshafen AG - Key offerings
Exhibits 107: ZF Friedrichshafen AG - Key customers
Exhibits 108: ZF Friedrichshafen AG - Segment focus
Exhibits 109: Currency conversion rates for US$
Exhibits 110: Research Methodology
Exhibits 111: Validation techniques employed for market sizing
Exhibits 112: Information sources
Exhibits 113: List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global medium and heavy-duty truck steering system market: AB Volvo, China Automotive Systems Inc., Hyundai Motor Co., JTEKT Corp., Knorr-Bremse AG, Mando Corp., Nexteer Automotive Group Ltd., Robert Bosch GmbH, thyssenkrupp AG, and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is increasing need for enhanced safety, performance, and driver comfort.`
According to the report, one of the major drivers for this market is the dynamic steering for medium and heavy-duty trucks.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- China Automotive Systems Inc.
- Hyundai Motor Co.
- JTEKT Corp.
- Knorr-Bremse AG
- Mando Corp.
- Nexteer Automotive Group Ltd.
- Robert Bosch GmbH
- thyssenkrupp AG
- ZF Friedrichshafen AG
