Product Code: IRTNTR72862
Technavio 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. Our 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.
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.
Technavio's 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 comfortas one of the prime reasons driving the medium and heavy-duty truck steering system market growth during the next few years.
Technavio 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. Our 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
Technavio'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.
Technavio 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. Technavio's 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 Landscape
- Executive Summary
- 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
- 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
Exhibits
- Exhibits1: Key Finding 1
- Exhibits2: Key Finding 2
- Exhibits3: Key Finding 3
- Exhibits4: Key Finding 5
- Exhibits5: Key Finding 6
- Exhibits6: Key Finding 7
- Exhibits7: Key Finding 8
- Exhibits8: Key Finding 9
- Exhibits9: Parent market
- Exhibits10: Market characteristics
- Exhibits11: Offerings of vendors included in the market definition
- Exhibits12: Market segments
- Exhibits13: Global - Market size and forecast 2021 - 2026 (thousand units)
- Exhibits14: Global market: Year-over-year growth 2021 - 2026 (%)
- Exhibits15: Five forces analysis 2021 & 2026
- Exhibits16: Bargaining power of buyers
- Exhibits17: Bargaining power of suppliers
- Exhibits18: Threat of new entrants
- Exhibits19: Threat of substitutes
- Exhibits20: Threat of rivalry
- Exhibits21: Market condition - Five forces 2021
- Exhibits22: Application - Market share 2021-2026 (%)
- Exhibits23: Comparison by Application
- Exhibits24: Medium-duty truck - Market size and forecast 2021-2026 (thousand units)
- Exhibits25: Medium-duty truck - Year-over-year growth 2021-2026 (%)
- Exhibits26: Heavy-duty truck - Market size and forecast 2021-2026 (thousand units)
- Exhibits27: Heavy-duty truck - Year-over-year growth 2021-2026 (%)
- Exhibits28: Market opportunity by Application
- Exhibits29: Type - Market share 2021-2026 (%)
- Exhibits30: Comparison by Type
- Exhibits31: Hydraulic power steering - Market size and forecast 2021-2026 (thousand units)
- Exhibits32: Hydraulic power steering - Year-over-year growth 2021-2026 (%)
- Exhibits33: Electro-hydraulic power steering - Market size and forecast 2021-2026 (thousand units)
- Exhibits34: Electro-hydraulic power steering - Year-over-year growth 2021-2026 (%)
- Exhibits35: Electric power steering - Market size and forecast 2021-2026 (thousand units)
- Exhibits36: Electric power steering - Year-over-year growth 2021-2026 (%)
- Exhibits37: Market opportunity by Type
- Exhibits38: Customer landscape
- Exhibits39: Market share By Geographical Landscape 2021-2026 (%)
- Exhibits40: Geographic comparison
- Exhibits41: APAC - Market size and forecast 2021-2026 (thousand units)
- Exhibits42: APAC - Year-over-year growth 2021-2026 (%)
- Exhibits43: North America - Market size and forecast 2021-2026 (thousand units)
- Exhibits44: North America - Year-over-year growth 2021-2026 (%)
- Exhibits45: Europe - Market size and forecast 2021-2026 (thousand units)
- Exhibits46: Europe - Year-over-year growth 2021-2026 (%)
- Exhibits47: South America - Market size and forecast 2021-2026 (thousand units)
- Exhibits48: South America - Year-over-year growth 2021-2026 (%)
- Exhibits49: MEA - Market size and forecast 2021-2026 (thousand units)
- Exhibits50: MEA - Year-over-year growth 2021-2026 (%)
- Exhibits51: Key leading countries
- Exhibits52: Market opportunity By Geographical Landscape (thousand units)
- Exhibits53: Impact of drivers and challenges
- Exhibits54: Vendor landscape
- Exhibits55: Landscape disruption
- Exhibits56: Industry risks
- Exhibits57: Vendors covered
- Exhibits58: Market positioning of vendors
- Exhibits59: AB Volvo - Overview
- Exhibits60: AB Volvo - Business segments
- Exhibits61: AB Volvo - Key offerings
- Exhibits62: AB Volvo - Key customers
- Exhibits63: AB Volvo - Segment focus
- Exhibits64: China Automotive Systems Inc. - Overview
- Exhibits65: China Automotive Systems Inc. - Business segments
- Exhibits66: China Automotive Systems Inc. - Key offerings
- Exhibits67: China Automotive Systems Inc. - Key customers
- Exhibits68: China Automotive Systems Inc. - Segment focus
- Exhibits69: Hyundai Motor Co. - Overview
- Exhibits70: Hyundai Motor Co. - Business segments
- Exhibits71: Hyundai Motor Co. - Key offerings
- Exhibits72: Hyundai Motor Co. - Key customers
- Exhibits73: Hyundai Motor Co. - Segment focus
- Exhibits74: JTEKT Corp. - Overview
- Exhibits75: JTEKT Corp. - Business segments
- Exhibits76: JTEKT Corp. - Key offerings
- Exhibits77: JTEKT Corp. - Key customers
- Exhibits78: JTEKT Corp. - Segment focus
- Exhibits79: Knorr-Bremse AG - Overview
- Exhibits80: Knorr-Bremse AG - Business segments
- Exhibits81: Knorr-Bremse AG - Key offerings
- Exhibits82: Knorr-Bremse AG - Key customers
- Exhibits83: Knorr-Bremse AG - Segment focus
- Exhibits84: Mando Corp. - Overview
- Exhibits85: Mando Corp. - Product and service
- Exhibits86: Mando Corp. - Key offerings
- Exhibits87: Mando Corp. - Key customers
- Exhibits88: Mando Corp. - Segment focus
- Exhibits89: Nexteer Automotive Group Ltd. - Overview
- Exhibits90: Nexteer Automotive Group Ltd. - Business segments
- Exhibits91: Nexteer Automotive Group Ltd. - Key offerings
- Exhibits92: Nexteer Automotive Group Ltd. - Key customers
- Exhibits93: Nexteer Automotive Group Ltd. - Segment focus
- Exhibits94: Robert Bosch GmbH - Overview
- Exhibits95: Robert Bosch GmbH - Business segments
- Exhibits96: Robert Bosch GmbH - Key offerings
- Exhibits97: Robert Bosch GmbH - Key customers
- Exhibits98: Robert Bosch GmbH - Segment focus
- Exhibits99: thyssenkrupp AG - Overview
- Exhibits100: thyssenkrupp AG - Business segments
- Exhibits101: thyssenkrupp AG - Key offerings
- Exhibits102: thyssenkrupp AG - Key customers
- Exhibits103: thyssenkrupp AG - Segment focus
- Exhibits104: ZF Friedrichshafen AG - Overview
- Exhibits105: ZF Friedrichshafen AG - Business segments
- Exhibits106: ZF Friedrichshafen AG - Key offerings
- Exhibits107: ZF Friedrichshafen AG - Key customers
- Exhibits108: ZF Friedrichshafen AG - Segment focus
- Exhibits109: Currency conversion rates for US$
- Exhibits110: Research Methodology
- Exhibits111: Validation techniques employed for market sizing
- Exhibits112: Information sources
- Exhibits113: List of abbreviations