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Global Commercial Vehicle Steering System Market 2020-2024 - Product Image

Global Commercial Vehicle Steering System Market 2020-2024

  • ID: 5135360
  • Report
  • July 2020
  • Region: Global
  • 120 pages
  • TechNavio

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FEATURED COMPANIES

  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Knorr-Bremse AG
  • Mando Corp.
  • Melrose Industries Plc
  • Nexteer Automotive Corp.
  • MORE
Global Commercial Vehicle Steering System Market 2020-2024

The commercial vehicle steering system market is poised to grow by 0.65 mn units during 2020-2024 progressing at a CAGR of 1% during the forecast period. The report on the commercial vehicle 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.

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 the growing use of driver-assisted steering technologies in CVs and preference for CVs for freight transportation. In addition, electrification of automotive components for precise and accurate steering control is anticipated to boost the growth of the market as well.

The commercial vehicle steering system market analysis includes application segment and geographic landscape.

The commercial vehicle steering system market is segmented as below:

By Application
  • LCVs
  • M and HCVs
By Geographic Landscapes
  • North America
  • APAC
  • Europe
  • South America
  • MEA
This study identifies the development of independent wheel steering systems as one of the prime reasons driving the commercial vehicle steering system market growth during the next few years. Also, steer-by-wire technology gaining adoption in CVs and continuous advances in automotive steering technology will lead to sizable demand in the market.

The report 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.

The commercial vehicle steering system market covers the following areas:
  • Commercial vehicle steering system market sizing
  • Commercial vehicle steering system market forecast
  • Commercial vehicle steering system market industry analysis
This 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 commercial vehicle steering system market vendors that include Hyundai Mobis Co. Ltd., JTEKT Corp., Knorr-Bremse AG, Mando Corp., Melrose Industries Plc, Nexteer Automotive Corp., Robert Bosch GmbH, Showa Corp., thyssenkrupp AG, and ZF Friedrichshafen AG. Also, the commercial vehicle 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 on 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 report 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.

This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Knorr-Bremse AG
  • Mando Corp.
  • Melrose Industries Plc
  • Nexteer Automotive Corp.
  • MORE
Executive Summary
  • Market Overview
Market Landscape
  • Market ecosystem
  • Market characteristics
  • Value chain analysis
Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024
Five Forces Analysis
  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
Market Segmentation by Application
  • Market segments
  • Comparison by Application
  • LCVs - Market size and forecast 2019-2024
  • M and HCVs - Market size and forecast 2019-2024
  • Market opportunity by Application
Customer Landscape

Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends
Vendor Landscape
  • Overview
  • Vendor landscape
  • Landscape disruption
Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Knorr-Bremse AG
  • Mando Corp.
  • Melrose Industries Plc
  • Nexteer Automotive Corp.
  • Robert Bosch GmbH
  • Showa Corp.
  • thyssenkrupp AG
  • ZF Friedrichshafen AG
Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations
List of Exhibits
1: Key Finding 1
2: Key Finding 2
3: Key Finding 3
4: Key Finding 5
5: Key Finding 6
6: Key Finding 7
7: Key Finding 8
8: Parent market
9: Market characteristics
10: Offerings of vendors included in the market definition
11: Market segments
12: Global - Market size and forecast 2019 - 2024 (million units)
13: Global market: Year-over-year growth 2019 - 2024 (%)
14: Five forces analysis 2019 & 2024
15: Bargaining power of buyers
16: Bargaining power of suppliers
17: Threat of new entrants
18: Threat of substitutes
19: Threat of rivalry
20: Market condition - Five forces 2019
21: Application - Market share 2019-2024 (%)
22: Comparison by Application
23: LCVs - Market size and forecast 2019-2024 (million units)
24: LCVs - Year-over-year growth 2019-2024 (%)
25: M and HCVs - Market size and forecast 2019-2024 (million units)
26: M and HCVs - Year-over-year growth 2019-2024 (%)
27: Market opportunity by Application
28: Customer Landscape
29: Market share by geography 2019-2024 (%)
30: Geographic comparison
31: North America - Market size and forecast 2019-2024 (million units)
32: North America - Year-over-year growth 2019-2024 (%)
33: APAC - Market size and forecast 2019-2024 (million units)
34: APAC - Year-over-year growth 2019-2024 (%)
35: Europe - Market size and forecast 2019-2024 (million units)
36: Europe - Year-over-year growth 2019-2024 (%)
37: South America - Market size and forecast 2019-2024 (million units)
38: South America - Year-over-year growth 2019-2024 (%)
39: MEA - Market size and forecast 2019-2024 (million units)
40: MEA - Year-over-year growth 2019-2024 (%)
41: Key leading countries
42: Market opportunity by geography (million units)
43: Impact of drivers and challenges
44: Vendor landscape
45: Landscape disruption
46: Industry risks
47: Vendors covered
48: Market positioning of vendors
49: Hyundai Mobis Co. Ltd. - Overview
50: Hyundai Mobis Co. Ltd. - Business segments
51: Hyundai Mobis Co. Ltd. - Key offerings
52: Hyundai Mobis Co. Ltd. - Key customers
53: Hyundai Mobis Co. Ltd. - Segment focus
54: JTEKT Corp. - Overview
55: JTEKT Corp. - Business segments
56: JTEKT Corp. - Key offerings
57: JTEKT Corp. - Key customers
58: JTEKT Corp. - Segment focus
59: Knorr-Bremse AG - Overview
60: Knorr-Bremse AG - Business segments
61: Knorr-Bremse AG - Key offerings
62: Knorr-Bremse AG - Key customers
63: Knorr-Bremse AG - Segment focus
64: Mando Corp. - Overview
65: Mando Corp. - Product and service
66: Mando Corp. - Key offerings
67: Mando Corp. - Key customers
68: Mando Corp. - Segment focus
69: Melrose Industries Plc - Overview
70: Melrose Industries Plc - Business segments
71: Melrose Industries Plc - Key offerings
72: Melrose Industries Plc - Key customers
73: Melrose Industries Plc - Segment focus
74: Nexteer Automotive Corp. - Overview
75: Nexteer Automotive Corp. - Business segments
76: Nexteer Automotive Corp. - Key offerings
77: Nexteer Automotive Corp. - Key customers
78: Nexteer Automotive Corp. - Segment focus
79: Robert Bosch GmbH - Overview
80: Robert Bosch GmbH - Business segments
81: Robert Bosch GmbH - Key offerings
82: Robert Bosch GmbH - Key customers
83: Robert Bosch GmbH - Segment focus
84: Showa Corp. - Overview
85: Showa Corp. - Business segments
86: Showa Corp. - Key offerings
87: Showa Corp. - Key customers
88: Showa Corp. - Segment focus
89: thyssenkrupp AG - Overview
90: thyssenkrupp AG - Business segments
91: thyssenkrupp AG - Key offerings
92: thyssenkrupp AG - Key customers
93: thyssenkrupp AG - Segment focus
94: ZF Friedrichshafen AG - Overview
95: ZF Friedrichshafen AG - Business segments
96: ZF Friedrichshafen AG - Key offerings
97: ZF Friedrichshafen AG - Key customers
98: ZF Friedrichshafen AG - Segment focus
99: Currency conversion rates for US$
100: Research Methodology
101: Validation techniques employed for market sizing
102: Information sources
103: List of abbreviations
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Knorr-Bremse AG
  • Mando Corp.
  • Melrose Industries Plc
  • Nexteer Automotive Corp.
  • MORE
The publisher recognizes the following companies as the key players in the global commercial vehicle steering system market: Hyundai Mobis Co. Ltd., JTEKT Corp., Knorr-Bremse AG, Mando Corp., Melrose Industries Plc, Nexteer Automotive Corp., Robert Bosch GmbH, Showa Corp., 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 development of independent wheel steering systems."

According to the report, one of the major drivers for this market is the electrification of automotive components for precise and accurate steering control.

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
  • Hyundai Mobis Co. Ltd.
  • JTEKT Corp.
  • Knorr-Bremse AG
  • Mando Corp.
  • Melrose Industries Plc
  • Nexteer Automotive Corp.
  • Robert Bosch GmbH
  • Showa Corp.
  • thyssenkrupp AG
  • ZF Friedrichshafen AG
Note: Product cover images may vary from those shown

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