The Global Light Duty Truck Steering System Market was valued at USD 3.5 billion in 2025 and is estimated to grow at a CAGR of 2.7% to reach USD 4.5 billion by 2035.
The market expansion is fueled by increasing demand for advanced, safer, and more efficient steering technologies, alongside the rising adoption of electric and hybrid light-duty trucks and the growth of commercial and logistics operations. Fleet operators and individual buyers are prioritizing driver comfort, vehicle maneuverability, and safety, making modern steering systems essential for reliable handling across diverse road conditions and operational settings. Innovations such as electric power steering (EPS), hydraulic-assisted systems, adaptive steering modules, and lightweight, high-strength components are transforming the functionality of these trucks. High-quality materials, including aluminum alloys, high-strength steel, and corrosion-resistant coatings, ensure durable, long-lasting steering solutions. Expanding urban logistics, last-mile delivery services, ride-sharing fleets, and demand for trucks with enhanced handling and safety features are accelerating market adoption globally.
The steering gear segment held a 26% share in 2025 and is expected to grow at a CAGR of 2.2% from 2026 to 2035. Steering gears are critical for precise vehicle control, stability, and maneuverability across pickups, vans, and light commercial trucks. They offer robustness, compatibility with hydraulic, electric, and electro-hydraulic architectures, and reliability under heavy-duty and variable load conditions, making them a preferred choice for OEMs and fleet operators.
The OEM segment held 78% share in 2025 and is forecasted to grow at a CAGR of 2.3% through 2035. OEM channels integrate steering systems into new trucks, ensuring the use of certified, high-quality components that meet safety and performance standards. These systems offer seamless vehicle compatibility, enhanced driver comfort, durability, and precision. OEM installations are favored for their reliability and alignment with advanced technologies such as EPS, ADAS, and vehicle telematics.
China Light Duty Truck Steering System Market held a 33% share, generating USD 443.5 million in 2025. Growth is driven by strong production of pickups and light commercial vehicles, investments in advanced automotive technologies, and the adoption of EPS, steer-by-wire, and ADAS-integrated steering solutions. Government support for new energy vehicles and stricter safety regulations are further boosting the use of modern steering systems.
Key players operating in the Light Duty Truck Steering System Market include JTEKT, NSK, Thyssenkrupp, ZF Friedrichshafen, Bosch, Hyundai Mobis, Delphi Technologies, TRW Automotive, Denso, and KYB. Companies are focusing on technological innovation to enhance steering system performance, reliability, and fuel efficiency while integrating advanced features like EPS, ADAS, and steer-by-wire capabilities. Strategic partnerships with OEMs and logistics fleet operators enable the adoption of cutting-edge steering solutions in new vehicles and retrofit applications. Firms are investing in lightweight, durable materials to reduce vehicle weight and improve fuel economy. Expanding regional production and supply chain networks ensures timely delivery and cost optimization. Research and development efforts target improved system precision, longevity, and compatibility with hybrid and electric trucks. Companies are also leveraging digital platforms for predictive maintenance, diagnostics, and telematics integration, strengthening their market presence and building long-term relationships with customers.
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The market expansion is fueled by increasing demand for advanced, safer, and more efficient steering technologies, alongside the rising adoption of electric and hybrid light-duty trucks and the growth of commercial and logistics operations. Fleet operators and individual buyers are prioritizing driver comfort, vehicle maneuverability, and safety, making modern steering systems essential for reliable handling across diverse road conditions and operational settings. Innovations such as electric power steering (EPS), hydraulic-assisted systems, adaptive steering modules, and lightweight, high-strength components are transforming the functionality of these trucks. High-quality materials, including aluminum alloys, high-strength steel, and corrosion-resistant coatings, ensure durable, long-lasting steering solutions. Expanding urban logistics, last-mile delivery services, ride-sharing fleets, and demand for trucks with enhanced handling and safety features are accelerating market adoption globally.
The steering gear segment held a 26% share in 2025 and is expected to grow at a CAGR of 2.2% from 2026 to 2035. Steering gears are critical for precise vehicle control, stability, and maneuverability across pickups, vans, and light commercial trucks. They offer robustness, compatibility with hydraulic, electric, and electro-hydraulic architectures, and reliability under heavy-duty and variable load conditions, making them a preferred choice for OEMs and fleet operators.
The OEM segment held 78% share in 2025 and is forecasted to grow at a CAGR of 2.3% through 2035. OEM channels integrate steering systems into new trucks, ensuring the use of certified, high-quality components that meet safety and performance standards. These systems offer seamless vehicle compatibility, enhanced driver comfort, durability, and precision. OEM installations are favored for their reliability and alignment with advanced technologies such as EPS, ADAS, and vehicle telematics.
China Light Duty Truck Steering System Market held a 33% share, generating USD 443.5 million in 2025. Growth is driven by strong production of pickups and light commercial vehicles, investments in advanced automotive technologies, and the adoption of EPS, steer-by-wire, and ADAS-integrated steering solutions. Government support for new energy vehicles and stricter safety regulations are further boosting the use of modern steering systems.
Key players operating in the Light Duty Truck Steering System Market include JTEKT, NSK, Thyssenkrupp, ZF Friedrichshafen, Bosch, Hyundai Mobis, Delphi Technologies, TRW Automotive, Denso, and KYB. Companies are focusing on technological innovation to enhance steering system performance, reliability, and fuel efficiency while integrating advanced features like EPS, ADAS, and steer-by-wire capabilities. Strategic partnerships with OEMs and logistics fleet operators enable the adoption of cutting-edge steering solutions in new vehicles and retrofit applications. Firms are investing in lightweight, durable materials to reduce vehicle weight and improve fuel economy. Expanding regional production and supply chain networks ensures timely delivery and cost optimization. Research and development efforts target improved system precision, longevity, and compatibility with hybrid and electric trucks. Companies are also leveraging digital platforms for predictive maintenance, diagnostics, and telematics integration, strengthening their market presence and building long-term relationships with customers.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter’s Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
- In-depth company profiles, business strategies, financial insights, and SWOT analysis
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Table of Contents
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2025
Chapter 5 Market Estimates & Forecast, by Component, 2022-2035 ($ Bn, Units)
Chapter 6 Market Estimates & Forecast, by Vehicle, 2022-2035 ($ Bn, Units)
Chapter 7 Market Estimates & Forecast, by Technology, 2022-2035 ($ Bn, Units)
Chapter 8 Market Estimates & Forecast, by Sales Channel, 2022-2035 ($ Bn, Units)
Chapter 9 Market Estimates & Forecast, by Region, 2022-2035 ($ Bn, Units)
Chapter 10 Company Profiles
Companies Mentioned
The companies profiled in this Light Duty Truck Steering System market report include:- Bosch
- Denso
- Hyundai Mobis
- JTEKT
- Magna International
- Nexteer Automotive
- NSK
- Thyssenkrupp
- TRW Automotive
- ZF Friedrichshafen
- Aisin Seiki
- Calsonic Kansei
- Hitachi Astemo
- JMC Steering
- Kongsberg Automotive
- Mando
- Mevotech
- Mubea
- Schaeffler
- KYB
- Auto Steering Technologies
- Eberspächer Steering Solutions
- Neapco
- Protean Electric
- Servotronic Systems
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 235 |
| Published | December 2025 |
| Forecast Period | 2025 - 2035 |
| Estimated Market Value ( USD | $ 3.5 Billion |
| Forecasted Market Value ( USD | $ 4.5 Billion |
| Compound Annual Growth Rate | 2.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
