The global market for Medium Duty Truck Steering Systems was estimated at US$3.3 Billion in 2024 and is projected to reach US$4.0 Billion by 2030, growing at a CAGR of 3.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Medium Duty Truck Steering Systems market.
The growing emphasis on driver assistance technologies, such as lane-keeping assist (LKA), active steering intervention, and automated driving support, is also pushing manufacturers to integrate steer-by-wire (SbW) systems. These systems eliminate mechanical linkages and instead use electronic signals to control wheel movement, paving the way for advanced autonomous driving capabilities. Additionally, lightweight materials and high-performance actuators are being incorporated into steering designs, reducing overall vehicle weight and contributing to better fuel economy.
Another breakthrough in steering systems is integrated connectivity with telematics. Fleet operators can now monitor the steering performance of their vehicles remotely, identifying issues related to alignment, wear, or abnormal torque feedback. Additionally, the adoption of electric power steering (EPS) with variable assist allows trucks to dynamically adjust steering effort based on load conditions, improving driver comfort and reducing fatigue. EPS also contributes to lower fuel consumption by eliminating the need for continuous hydraulic pump operation, making it an ideal solution for fuel-conscious fleets.
The rise of electric and hybrid medium duty trucks is also impacting steering system designs. With a shift toward fully electric commercial vehicles, manufacturers are focusing on EPS and steer-by-wire solutions that align with the reduced mechanical complexity and lower energy consumption of electric drivetrains. Furthermore, the push for autonomous and semi-autonomous trucking solutions is accelerating research into AI-driven steering controls that can seamlessly integrate with advanced driver-assistance systems (ADAS) and vehicle-to-everything (V2X) communication networks.
Fleet operators are also prioritizing predictive maintenance and operational efficiency, fueling the adoption of smart steering solutions that can provide real-time diagnostics and remote monitoring. Furthermore, urbanization and infrastructure growth are driving the need for medium duty trucks with enhanced maneuverability, making variable-ratio steering systems and adaptive steering technologies more desirable. With continuous innovations in sensor integration, AI-powered steering control, and telematics connectivity, the market for medium duty truck steering systems is set to witness substantial growth in the coming years.
Segments: Class (Class 4, Class 5, Class 6); Application (Construction & mining, Freight & logistics, Others)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Medium Duty Truck Steering Systems: Precision, Performance, and Innovation
How Is the Medium Duty Truck Steering System Evolving?
The steering system in medium duty trucks is a critical component that directly influences vehicle maneuverability, driver comfort, and overall safety. Traditionally, these trucks relied on hydraulic power steering (HPS) systems, which use pressurized fluid to assist the driver in turning the wheels. However, with advancements in vehicle technology and growing demand for improved fuel efficiency, modern steering systems are undergoing significant transformations. Electro-hydraulic steering (EHS) and fully electric power steering (EPS) are increasingly replacing traditional hydraulic systems, offering precise control, lower maintenance requirements, and enhanced efficiency.The growing emphasis on driver assistance technologies, such as lane-keeping assist (LKA), active steering intervention, and automated driving support, is also pushing manufacturers to integrate steer-by-wire (SbW) systems. These systems eliminate mechanical linkages and instead use electronic signals to control wheel movement, paving the way for advanced autonomous driving capabilities. Additionally, lightweight materials and high-performance actuators are being incorporated into steering designs, reducing overall vehicle weight and contributing to better fuel economy.
What Are the Latest Technological Innovations in Steering Systems?
Advancements in sensor-based steering technology are revolutionizing how medium duty truck steering systems function. Modern steering systems now feature torque sensors, angle sensors, and yaw rate sensors that continuously monitor road conditions, driver input, and vehicle stability. These sensors feed data into advanced electronic control units (ECUs), allowing for real-time adjustments that improve steering precision and responsiveness. Active steering technology, which automatically adjusts steering ratios based on speed and road conditions, is becoming a standard feature in newer truck models, offering better maneuverability at low speeds and enhanced stability at high speeds.Another breakthrough in steering systems is integrated connectivity with telematics. Fleet operators can now monitor the steering performance of their vehicles remotely, identifying issues related to alignment, wear, or abnormal torque feedback. Additionally, the adoption of electric power steering (EPS) with variable assist allows trucks to dynamically adjust steering effort based on load conditions, improving driver comfort and reducing fatigue. EPS also contributes to lower fuel consumption by eliminating the need for continuous hydraulic pump operation, making it an ideal solution for fuel-conscious fleets.
How Are Industry Trends and Regulations Influencing Steering System Development?
The regulatory landscape and evolving industry standards are playing a crucial role in shaping the design and adoption of steering systems in medium duty trucks. Safety standards set by agencies such as the National Highway Traffic Safety Administration (NHTSA) and the European New Car Assessment Programme (Euro NCAP) are pushing for mandatory electronic stability control (ESC) and lane-keeping assistance in commercial vehicles. This has led to increased adoption of automated steering correction and electronic steering dampening systems that help prevent rollovers and improve stability in high-risk driving scenarios.The rise of electric and hybrid medium duty trucks is also impacting steering system designs. With a shift toward fully electric commercial vehicles, manufacturers are focusing on EPS and steer-by-wire solutions that align with the reduced mechanical complexity and lower energy consumption of electric drivetrains. Furthermore, the push for autonomous and semi-autonomous trucking solutions is accelerating research into AI-driven steering controls that can seamlessly integrate with advanced driver-assistance systems (ADAS) and vehicle-to-everything (V2X) communication networks.
What Is Driving the Growth of the Medium Duty Truck Steering System Market?
The growth in the medium duty truck steering system market is driven by several factors, including increasing demand for fuel-efficient and low-maintenance steering solutions, regulatory mandates for safety and stability enhancements, and the rise of connected and autonomous vehicle technologies. The expansion of the e-commerce and logistics sector is creating higher demand for reliable, maneuverable, and easy-to-drive trucks, prompting manufacturers to invest in ergonomic and driver-friendly steering systems. Additionally, the shift towards electrification in commercial vehicles is reinforcing the adoption of EPS and steer-by-wire technologies, which are more compatible with battery-powered drivetrains.Fleet operators are also prioritizing predictive maintenance and operational efficiency, fueling the adoption of smart steering solutions that can provide real-time diagnostics and remote monitoring. Furthermore, urbanization and infrastructure growth are driving the need for medium duty trucks with enhanced maneuverability, making variable-ratio steering systems and adaptive steering technologies more desirable. With continuous innovations in sensor integration, AI-powered steering control, and telematics connectivity, the market for medium duty truck steering systems is set to witness substantial growth in the coming years.
Report Scope
The report analyzes the Medium Duty Truck Steering Systems market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments: Class (Class 4, Class 5, Class 6); Application (Construction & mining, Freight & logistics, Others)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Class 4 segment, which is expected to reach US$2.4 Billion by 2030 with a CAGR of a 4.3%. The Class 5 segment is also set to grow at 2.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $892.8 Million in 2024, and China, forecasted to grow at an impressive 6.7% CAGR to reach $812.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Medium Duty Truck Steering Systems Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Medium Duty Truck Steering Systems Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Medium Duty Truck Steering Systems Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as ATS Automation Tooling Systems Inc., Bosch Mobility, DAKTIC, Global Steering Systems (GSS), Hitachi Automotive Systems and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 42 Featured):
- ATS Automation Tooling Systems Inc.
- Bosch Mobility
- DAKTIC
- Global Steering Systems (GSS)
- Hitachi Automotive Systems
- Hyundai Mobis
- JTEKT Corporation
- Knorr-Bremse AG
- Koreatomy
- Mando Corporation
- Nexteer Automotive
- NSK Ltd.
- Pailton Engineering
- Rane Group
- REE Automotive
- Showa Corporation
- Simard Suspensions
- ThyssenKrupp AG
- TRW Automotive Holdings Corp.
- ZF Friedrichshafen AG
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ATS Automation Tooling Systems Inc.
- Bosch Mobility
- DAKTIC
- Global Steering Systems (GSS)
- Hitachi Automotive Systems
- Hyundai Mobis
- JTEKT Corporation
- Knorr-Bremse AG
- Koreatomy
- Mando Corporation
- Nexteer Automotive
- NSK Ltd.
- Pailton Engineering
- Rane Group
- REE Automotive
- Showa Corporation
- Simard Suspensions
- ThyssenKrupp AG
- TRW Automotive Holdings Corp.
- ZF Friedrichshafen AG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 279 |
| Published | April 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 3.3 Billion |
| Forecasted Market Value ( USD | $ 4 Billion |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Global |
