Global Medium and Heavy-duty Truck Steering System Market 2019-2023 - Product Image

Global Medium and Heavy-duty Truck Steering System Market 2019-2023

  • ID: 4720690
  • Report
  • Region: Global
  • 119 pages
  • TechNavio
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FEATURED COMPANIES

  • Bosch
  • Knorr-Bremse
  • Nexteer Automotive
  • WABCO
  • ZF Friedrichshafen
  • MORE
About this market

The growth of medium and heavy-duty truck steering system industry is highly dependent on sales of medium and heavy- duty trucks, this will propel the market growth during our forecast period. The growing manufacturing activities in India will raise demand for transportation and logistics services as the country has a faster economic growth. The market has also witnessed a steady growth in cities across the US and Southern America due to increasing demand for last mile deliveries which will be a key factor behind the growth of the market. Therefore, the increasing need for enhanced safety, performance, and driver comfort in heavy-duty trucks will propel the demand for medium and heavy-duty truck steering system market. The market research analysts have predicted that the medium and heavy-duty truck steering system market will register a CAGR of almost 2% during the forecast period.

Market Overview

Increasing need for enhanced safety, performance, and driver comfort in heavy- duty trucks

Improvement in steering systems have augmented the safety levels of heavy- duty trucks and are expanding the adoption of the systems by more OEMs. Therefore, these developments are pushing the growth of the heavy- duty trucks steering systems markets, and it will sustain during our forecast period.

Emission regulations to hinder medium and heavy- duty truck sales

Growing environment issues such as air pollution have promoted the formulation of stringent regulations for the automotive industry. The majority of regulations are targeted at medium and heavy- duty trucks as they contributed significantly to CO2 emissions even through their volumes are lower than passenger’s cars and LCVs.

For the detailed list of factors that will drive and challenge the growth of the medium and heavy-duty truck steering system market during the 2019-2023, view the report.

Competitive Landscape

The medium and heavy-duty truck steering system market is highly concentrated with stiff competition among medium and heavy-duty truck steering system manufacturers who offer steering systems for medium-duty and heavy-duty trucks. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bosch
  • Knorr-Bremse
  • Nexteer Automotive
  • WABCO
  • ZF Friedrichshafen
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Heavy-duty truck - Market size and forecast 2018-2023
  • Medium-duty truck - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • Hydraulic power steering - Market size and forecast 2018-2023
  • Electro-hydraulic power steering - Market size and forecast 2018-2023
  • Electric power steering - Market size and forecast 2018-2023
  • Market opportunity by type
PART 09: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bosch
  • Knorr-Bremse
  • Nexteer Automotive
  • WABCO
  • ZF Friedrichshafen
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Preface
Exhibit 02: Preface
Exhibit 03: Global automotive steering systems market
Exhibit 04: Segments of global automotive steering systems market
Exhibit 05: Market characteristics
Exhibit 06: Market segments
Exhibit 07: Market definition - Inclusions and exclusions checklist
Exhibit 08: Market size 2018
Exhibit 09: Global market: Size and forecast 2018-2023 (thousand units)
Exhibit 10: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 11: Five forces analysis 2018
Exhibit 12: Five forces analysis 2023
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Market condition - Five forces 2018
Exhibit 19: Application - Market share 2018-2023 (%)
Exhibit 20: Comparison by application
Exhibit 21: Heavy-duty truck - Market size and forecast 2018-2023 (thousand units)
Exhibit 22: Heavy-duty truck - Year-over-year growth 2019-2023 (%)
Exhibit 23: Medium-duty truck - Market size and forecast 2018-2023 (thousand units)
Exhibit 24: Medium-duty truck - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by application
Exhibit 26: Customer landscape
Exhibit 27: Type - Market share 2018-2023 (%)
Exhibit 28: Comparison by type
Exhibit 29: Hydraulic power steering - Market size and forecast 2018-2023 (thousand units)
Exhibit 30: Hydraulic power steering - Year-over-year growth 2019-2023 (%)
Exhibit 31: Electro-hydraulic power steering - Market size and forecast 2018-2023 (thousand units)
Exhibit 32: Electro-hydraulic power steering - Year-over-year growth 2019-2023 (%)
Exhibit 33: Electric power steering - Market size and forecast 2018-2023 (thousand units)
Exhibit 34: Electric power steering - Year-over-year growth 2019-2023 (%)
Exhibit 35: Market opportunity by type
Exhibit 36: Market share by geography 2018-2023 (%)
Exhibit 37: Geographic comparison
Exhibit 38: APAC - Market size and forecast 2018-2023 (thousand units)
Exhibit 39: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 40: Americas - Market size and forecast 2018-2023 (thousand units)
Exhibit 41: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 42: EMEA - Market size and forecast 2018-2023 (thousand units)
Exhibit 43: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 44: Key leading countries
Exhibit 45: Market opportunity
Exhibit 46: Decision framework
Exhibit 47: Impact of drivers and challenges
Exhibit 48: Vendor landscape
Exhibit 49: Landscape disruption
Exhibit 50: Vendors covered
Exhibit 51: Vendor classification
Exhibit 52: Market positioning of vendors
Exhibit 53: Bosch - Vendor overview
Exhibit 54: Bosch - Business segments
Exhibit 55: Bosch - Organizational developments
Exhibit 56: Bosch - Geographic focus
Exhibit 57: Bosch - Segment focus
Exhibit 58: Bosch - Key offerings
Exhibit 59: Knorr-Bremse - Vendor overview
Exhibit 60: Knorr-Bremse - Business segments
Exhibit 61: Knorr-Bremse - Organizational developments
Exhibit 62: Knorr-Bremse - Geographic focus
Exhibit 63: Knorr-Bremse - Segment focus
Exhibit 64: Knorr-Bremse - Key offerings
Exhibit 65: Nexteer Automotive - Vendor overview
Exhibit 66: Nexteer Automotive - Product segments
Exhibit 67: Nexteer Automotive - Organizational developments
Exhibit 68: Nexteer Automotive - Geographic focus
Exhibit 69: Nexteer Automotive - Segment focus
Exhibit 70: Nexteer Automotive - Key offerings
Exhibit 71: WABCO - Vendor overview
Exhibit 72: WABCO - Business segments
Exhibit 73: WABCO - Organizational developments
Exhibit 74: WABCO - Geographic focus
Exhibit 75: WABCO - Segment focus
Exhibit 76: WABCO - Key offerings
Exhibit 77: ZF Friedrichshafen - Vendor overview
Exhibit 78: ZF Friedrichshafen - Business segments
Exhibit 79: ZF Friedrichshafen - Organizational developments
Exhibit 80: ZF Friedrichshafen - Geographic focus
Exhibit 81: ZF Friedrichshafen - Segment focus
Exhibit 82: ZF Friedrichshafen - Key offerings
Exhibit 83: Validation techniques employed for market sizing
Exhibit 84: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bosch
  • Knorr-Bremse
  • Nexteer Automotive
  • WABCO
  • ZF Friedrichshafen
  • MORE
Global Medium and Heavy-duty Truck Steering System Market 2019-2023

The author of the report recognizes the following companies as the key players in the global medium and heavy-duty truck steering system market: Bosch, Knorr-Bremse, Nexteer Automotive, WABCO, ZF Friedrichshafen.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the technological advancement will encourage other truck manufactures to invest in such technologies and increase demand for automated steering systems to positively impact the market.”

According to the report, one of the major drivers for this market is the increasing need foe enchased safety, performance, and driver comfort in heavy- duty trucks.

Further, the report states that one of the major factors hindering the growth of this market is the rise in manufacturing cost, which are being partially pushed to end- users. Sales of high- priced new trucks are slowing down due to this to affect the medium and heavy-duty truck steering system market adversely.

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.
Note: Product cover images may vary from those shown
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  • Bosch
  • Knorr-Bremse
  • Nexteer Automotive
  • WABCO
  • ZF Friedrichshafen
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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