中・大型商用車パワーステアリング市場-世界の産業規模、動向、機会、予測、機構別、競合別、地域別、2019～2029年

中・大型商用車パワーステアリングの世界市場規模は2023年に75億8,000万米ドルで、2029年には126億3,000万米ドルに達すると予測され、予測期間中のCAGRは8.98%で成長すると予測されます。

中型・大型商用車（M&HCV）パワーステアリング市場は、世界の自動車産業にとって重要な部品であり、トラック、バス、その他の大型輸送車両を含む大型商用車の安全かつ効率的で管理しやすい運転を保証する不可欠なシステムを提供しています。パワーステアリングは、ドライバーの操作性、操縦性、車両全体の安全性を高める上で極めて重要な役割を担っており、特にかなりの積載量を長距離輸送するように設計された車両では重要な役割を担っています。

市場促進要因

規制対応と安全基準

商用車の電動化とハイブリッド化

主要市場課題

規制遵守と安全基準

車両重量と積載量の増加

技術の複雑化とメンテナンス

環境規制と持続可能性

主要市場動向

電動パワーステアリング（EPS）の優位性

ADAS（先進運転支援システム）との統合

ステア・バイ・ワイヤ技術

コネクティビティとテレマティクスの統合

目次

第1章 イントロダクション

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 COVID-19が世界の中・大型商用車パワーステアリング市場に与える影響

第5章 世界の中・大型商用車パワーステアリング市場展望

• 市場規模・予測
  • 金額別
• 市場シェア・予測
  • 機構別（電動パワーステアリング（EPS）、油圧パワーステアリング（HPS）、電動油圧パワーステアリング）
  • 部品別（油圧ポンプ、センサー、電動モーター、その他の部品）
  • 地域別
  • 企業別（上位5社、その他-価値別、2023年）
• 世界の中・大型商用車パワーステアリング市場マッピング＆機会評価
  • 機構別
  • 部品別
  • 地域別

第6章 北米の中・大型商用車パワーステアリング市場展望

• 市場規模・予測
  • 金額別
• 市場シェア・予測
  • 機構別
  • 部品別
  • 国別
• 北米：国別分析
  • 米国
  • カナダ
  • メキシコ

第7章 欧州の中・大型商用車パワーステアリング市場展望

• 市場規模・予測
  • 金額別
• 市場シェア・予測
  • 機構別
  • 部品別
  • 国別
• 欧州：国別分析
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン

第8章 アジア太平洋の中・大型商用車パワーステアリング市場展望

• 市場規模・予測
  • 金額別
• 市場シェア・予測
  • 機構別
  • 部品別
  • 国別
• アジア太平洋：国別分析
  • 中国
  • インド
  • 日本
  • 韓国
  • オーストラリア

第9章 南米の中・大型商用車パワーステアリング市場展望

• 市場規模・予測
  • 金額別
• 市場シェア・予測
  • 機構別
  • 部品別
  • 国別
• 南米：国別分析
  • ブラジル
  • アルゼンチン
  • コロンビア

第10章 中東・アフリカの中・大型商用車パワーステアリング市場展望

• 市場規模・予測
  • 金額別
• 市場シェア・予測
  • 機構別
  • 部品別
  • 国別
• 中東・アフリカ：国別分析
  • 南アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • トルコ

第11章 SWOT分析

• 強み
• 弱み
• 機会
• 脅威

第12章 市場力学

• 市場促進要因
• 市場課題

第13章 市場動向と発展

第14章 競合情勢

• 会社概要（主要企業10社まで）

第15章 戦略的提言

• 主要な重点セグメント
  • 対象地域
  • メカニズムによる対象
  • 部品別対象

第16章 調査会社について・免責事項

Global Medium & Heavy Commercial Vehicle Power Steering Market was valued at USD 7.58 billion in 2023 and is anticipated to reach USD 12.63 Billion by 2029, growing with a CAGR of 8.98% during fthe forecast period. The medium and heavy commercial vehicle (M&HCV) power steering market is a critical component of the global automotive industry, providing essential systems that ensure safe, efficient, and manageable operations of large commercial vehicles, including trucks, buses, and other heavy-duty transport vehicles. Power steering plays a pivotal role in enhancing driver control, maneuverability, and overall vehicle safety, especially in vehicles designed to carry substantial payloads over long distances.

Key Market Drivers

Regulatory Compliance and Safety Standards

A primary driver in the M&HCV power steering market is the stringent regulatory landscape governing vehicle safety and emissions. Governments worldwide are implementing increasingly strict safety standards to reduce accidents and enhance road safety. These regulations often require the incorporation of advanced driver assistance systems (ADAS) in commercial vehicles, which rely heavily on precise and responsive power steering for their functionality. In addition to safety standards, environmental regulations are pushing manufacturers to improve fuel efficiency and reduce emissions. Compliance with these standards often requires the adoption of electric power steering (EPS) systems, which are more energy-efficient compared to traditional hydraulic systems. The demand for power steering systems that align with these regulations is a significant driver in the M&HCV market, as manufacturers seek solutions that help them meet safety and emissions standards simultaneously.

Electrification and Hybridization of Commercial Vehicles

The broader trend of vehicle electrification and hybridization is a major driver for the M&HCV power steering market. As the world moves towards a more sustainable transportation future, electric and hybrid commercial vehicles are becoming increasingly common. Electric power steering (EPS) is particularly well-suited for these vehicles, as it aligns with their energy efficiency and electrified drivetrains. The adoption of electric and hybrid M&HCVs is driven by various factors, including government incentives, environmental consciousness, and the desire to reduce operational costs. These vehicles often require power steering systems tailored to their specific needs, presenting a growth opportunity for power steering manufacturers to develop and supply systems optimized for electric and hybrid commercial vehicles.

Key Market Challenges

Regulatory Compliance and Safety Standards

Meeting stringent regulatory requirements and safety standards is a central challenge for the M&HCV power steering market. Governments worldwide are implementing increasingly rigorous safety regulations to reduce accidents and improve road safety. These regulations often mandate the incorporation of advanced driver assistance systems (ADAS) into commercial vehicles, systems that heavily rely on precise and responsive power steering for their functionality. However, ensuring that power steering systems meet these safety standards poses several challenges. Power steering manufacturers must invest in research and development to develop systems that can seamlessly interface with ADAS features, such as lane-keeping assist and adaptive cruise control, while maintaining reliability and safety. The coordination between power steering components and ADAS sensors, such as cameras and radar systems, is complex and requires sophisticated engineering. Furthermore, the regulatory landscape can vary significantly from one region to another, adding complexity for manufacturers who must ensure that their power steering systems comply with different standards in various markets. The challenge lies in adapting and customizing power steering solutions to meet these diverse regulatory requirements without compromising vehicle safety or performance.

Increasing Vehicle Weight and Payload

Commercial vehicles, particularly in the medium and heavy segments, are designed to transport substantial payloads. The weight of cargo, coupled with the vehicle's own mass, places considerable strain on power steering systems. Ensuring that power steering systems can handle heavy loads while maintaining performance and safety is an ongoing challenge for manufacturers and operators alike. Heavy payloads can lead to increased wear and tear on power steering components, resulting in higher maintenance and replacement costs. Power steering systems must be robust and durable, capable of withstanding the demanding conditions and loads encountered by M&HCVs. Balancing the need for durability with efficiency and precision in power steering systems is a delicate engineering challenge. Efficiency is also a key consideration, as every ounce of energy saved in power steering contributes to better fuel efficiency and lower operating costs. As a result, power steering manufacturers face the challenge of developing systems that can handle heavy payloads while remaining efficient, striking a delicate balance between load-bearing capacity and energy conservation.

Technological Complexity and Maintenance

The increasing technological complexity of power steering systems is another challenge facing the M&HCV power steering market. Modern power steering systems, including electric power steering (EPS) and steer-by-wire technology, involve intricate electronic components, sensors, and software controls. While these technologies offer numerous benefits, they also pose challenges in terms of maintenance and repair. Maintenance personnel and technicians must be equipped with the knowledge and skills required to diagnose and rectify issues in these advanced systems. Keeping up with the rapid pace of technological advancements is a continuous challenge. Failure to properly maintain or repair power steering systems can lead to safety hazards and operational disruptions for M&HCV operators. Furthermore, the intricacies of power steering technology can also increase the cost of maintenance and repairs. Advanced electronic components and sensors can be costly to replace, adding to the overall ownership costs of M&HCVs. Navigating this technological complexity while keeping maintenance costs manageable is a persistent challenge for both manufacturers and operators.

Environmental Regulations and Sustainability

Compliance with evolving environmental regulations is a key challenge in the M&HCV power steering market. Governments worldwide are tightening emissions standards, requiring manufacturers to reduce the environmental impact of their vehicles. This has led to the adoption of electric power steering (EPS) systems, which are more energy-efficient and environmentally friendly compared to hydraulic systems. While EPS aligns well with sustainability goals and regulatory requirements, it presents challenges related to infrastructure and resource management. EPS systems rely on electric power, necessitating the availability of robust electrical systems and charging infrastructure. Manufacturers and operators must invest in infrastructure development to support the widespread adoption of EPS in M&HCVs. Moreover, the disposal and recycling of electronic components in power steering systems require careful consideration to minimize environmental impact. The challenge lies in developing eco-friendly disposal and recycling practices for power steering components and addressing the environmental footprint associated with manufacturing and maintaining these systems.

Key Market Trends

Electric Power Steering (EPS) Dominance

One of the most prominent trends in the M&HCV power steering market is the growing dominance of electric power steering (EPS) systems. EPS has gained significant traction due to its numerous advantages over traditional hydraulic systems. EPS is more energy-efficient, as it consumes power only when steering assistance is needed, contributing to fuel savings in large commercial vehicles. Additionally, EPS offers precise control and responsiveness, which is crucial for handling heavy loads and navigating through diverse driving conditions. As the industry places a growing emphasis on reducing emissions and enhancing fuel efficiency, manufacturers of M&HCVs are increasingly adopting EPS technology. It aligns well with sustainability goals and regulatory requirements, making it the preferred choice for many commercial vehicle manufacturers. The market is witnessing a transition away from hydraulic systems, and EPS is expected to continue its ascendancy as the primary power steering solution for M&HCVs.

Integration with Advanced Driver Assistance Systems (ADAS)

The integration of advanced driver assistance systems (ADAS) is another transformative trend in the M&HCV power steering market. ADAS features, such as lane-keeping assist, adaptive cruise control, and collision avoidance systems, rely heavily on precise and responsive power steering for their functionality. These systems enhance vehicle safety by providing assistance to drivers in various situations, making them particularly valuable in the context of large and heavy vehicles. The incorporation of ADAS technologies into M&HCVs is driven by several factors. Firstly, it aligns with stringent safety regulations worldwide, compelling manufacturers to equip their vehicles with advanced safety features. Secondly, it addresses the industry's growing emphasis on reducing accidents and improving road safety. As a result, the demand for power steering systems that seamlessly interface with ADAS functionalities is on the rise, pushing manufacturers to develop systems with enhanced electronic control units (ECUs) and software algorithms that support ADAS features effectively. This trend underscores the critical role of power steering in ensuring the safety and efficiency of M&HCV operations.

Steer-by-Wire Technology

Steer-by-wire technology is an emerging trend that holds the potential to revolutionize the M&HCV power steering market. This technology eliminates the mechanical connection between the steering wheel and the wheels, replacing it with electronic controls. Steer-by-wire systems rely on sensors and actuators to translate the driver's input into steering movements, offering greater design flexibility and potential for innovation. The adoption of steer-by-wire technology is driven by several factors. It reduces the physical footprint of the steering system, creating more space in the cabin and enhancing vehicle design options. It enables advanced features such as automated parking and customizable steering feel, allowing drivers to tailor their driving experience. Steer-by-wire systems have the potential to enhance safety by offering redundancy in steering control, which is critical for autonomous vehicles and in the event of component failures. As this trend gains momentum, manufacturers are exploring the development of steer-by-wire systems tailored to the specific needs of M&HCVs. For instance, in September 2023, Titan, a UK-based specialist in electric vehicle steering systems, unveiled a new steer-by-wire system. This innovation is suitable for a wide range of low-volume vehicles, from light commercial vehicles and trucks to high-performance supercars. The steer-by-wire technology adds to Titan's existing portfolio of power steering options, which includes manual, electric (EPAS), and hydraulic systems. However, it also presents challenges in terms of safety, reliability, and regulatory approval, as such systems must meet stringent standards to ensure driver and road user safety.

Connectivity and Telematics Integration

Connectivity and telematics integration are emerging as significant trends in the M&HCV power steering market. Commercial fleets, including M&HCVs, are increasingly equipped with telematics systems that enable real-time monitoring and data analysis of vehicle performance and driver behavior. Power steering systems, being integral to vehicle control, are becoming part of this interconnected ecosystem. Telematics systems can collect data from power steering systems, providing valuable insights into vehicle usage, driver behavior, and system health. Fleet managers can use this data to optimize vehicle performance, improve fuel efficiency, and enhance maintenance practices. Additionally, power steering manufacturers are exploring ways to integrate telematics functionality directly into their systems, enabling remote diagnostics and predictive maintenance, which can reduce downtime and operational costs for fleet operators. For instance, in January 2024, Tata Motors reached a significant achievement by linking 500,000 commercial vehicles to its Fleet Edge platform. Fleet Edge provides real-time, actionable data on vehicle condition, location, and driver behavior. This platform helps vehicle owners and fleet managers make informed decisions, enhance operational efficiency, cut logistics costs, and increase profitability.

Segmental Insights

Mechanism Insights

The market is further subdivided into Electric power steering (EPS), hydraulic Medium & Heavy Commercial Vehicle power steering (HPS), and electro-hydraulic Medium & Heavy Commercial Vehicle power steering (EHPS). The electric power steering category is expected to dominate the market throughout the projected period, owing to manufacturers' increased deployment of electric power steering in all vehicle types. Advances in electric power steering to steer-by-wire technology are also expected to promote market expansion in this area. Because of its widespread use in commercial vehicles, the hydraulic power steering category is predicted to rise rapidly in the market throughout the projection period. Because of its restricted load-bearing capability, electronic Medium & Heavy Commercial Vehicle power steering does not function in commercial vehicles. Furthermore, hydraulic Medium & Heavy Commercial Vehicle power steering is capable of absorbing road shocks. Because of its leaking, less durability, and vibration features, the manual steering category is predicted to rise steadily in the market. Steering the vehicle involves significant human effort. The electro-hydraulic Medium & Heavy Commercial Vehicle power steering category is predicted to increase significantly in the automotive steering market over the forecast period. When compared to conventional hydraulic power steering, it delivers smoother and more responsive handling.

Regional Insights

The Asia-Pacific region has emerged as a dominant force in the global medium and heavy commercial vehicle power steering market, driven by robust economic growth and rapid industrialization. The region's expansive automotive sector, characterized by a significant increase in commercial vehicle production and sales, underpins its leading position. Countries such as China, India, and Japan are pivotal players in this trend, with China being the largest market due to its extensive manufacturing base and increasing demand for commercial vehicles. The region's economic expansion has led to an upsurge in infrastructure projects and logistics activities, creating a high demand for medium and heavy commercial vehicles equipped with advanced power steering systems. Furthermore, favorable government policies, such as incentives for vehicle upgrades and stricter safety regulations, contribute to the adoption of sophisticated steering technologies. The rapid growth in urbanization and the development of smart cities in the Asia-Pacific region also drive the need for more efficient and reliable power steering systems.

In addition to economic factors, technological advancements and significant investments in research and development play a crucial role in solidifying the Asia-Pacific region's dominance in the power steering market. Major automotive manufacturers and component suppliers in the region are at the forefront of innovating and implementing new steering technologies, such as electric power steering (EPS) and steer-by-wire systems. These innovations not only enhance vehicle performance and driver comfort but also align with the global trend towards electrification and automation in the automotive industry. The presence of established automotive giants and a thriving network of suppliers in the Asia-Pacific region facilitates the rapid deployment of cutting-edge steering solutions across various commercial vehicle segments. This technological prowess, combined with a growing demand for advanced commercial vehicles, positions the Asia-Pacific region as the leading player in the global medium and heavy commercial vehicle power steering market.

Key Market Players

JTEKT corporation

ZF Friedrichshafen AG

Robert Bosch GmbH

Nexteer Automotive Corporation

NSK Ltd.

Mitsubishi Electric Corporation

HL Mando Corp.

Hyundai Mobis

Hitachi Astemo, Ltd.

Thyssenkrupp AG

Report Scope:

In this report, the Global Medium & Heavy Commercial Vehicle Power Steering Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Medium & Heavy Commercial Vehicle Power Steering Market, By Mechanism:

Electronic power steering (EPS) Hydraulic power steering (HPS) Electro-Hydraulic power steering (EHPS)

Medium & Heavy Commercial Vehicle Power Steering Market, By Component:

Hydraulic Pump Sensors Electric Motor Others

Medium & Heavy Commercial Vehicle Power Steering Market, By Region:

North America
• United States
• Canada
• Mexico
Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
Asia-Pacific
• China
• India
• Japan
• Australia
• South Korea
South America
• Brazil
• Argentina
• Colombia
Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Medium & Heavy Commercial Vehicle Power Steering Market.

Available Customizations:

Global Medium & Heavy Commercial Vehicle Power Steering Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Introduction

• 1.1. Market Overview
• 1.2. Key Highlights of the Report
• 1.3. Market Coverage
• 1.4. Market Segments Covered
• 1.5. Research Tenure Considered

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Market Overview
• 3.2. Market Forecast
• 3.3. Key Regions
• 3.4. Key Segments

4. Impact of COVID-19 on Global Medium & Heavy Commercial Vehicle Power Steering Market

5. Global Medium & Heavy Commercial Vehicle Power Steering Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Mechanism Market Share Analysis (Electronic power steering (EPS), Hydraulic power steering (HPS) and Electro-Hydraulic Power Steering)
  • 5.2.2. By Component (Hydraulic Pump, Sensors, Electric Motor, and other components)
  • 5.2.3. By Regional Market Share Analysis
    • 5.2.3.1. Asia-Pacific Market Share Analysis
    • 5.2.3.2. Europe & CIS Market Share Analysis
    • 5.2.3.3. North America Market Share Analysis
    • 5.2.3.4. South America Market Share Analysis
    • 5.2.3.5. Middle East & Africa Market Share Analysis
  • 5.2.4. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)
• 5.3. Global Medium & Heavy Commercial Vehicle Power Steering Market Mapping & Opportunity Assessment
  • 5.3.1. By Mechanism Market Mapping & Opportunity Assessment
  • 5.3.2. By Component Market Mapping & Opportunity Assessment
  • 5.3.3. By Regional Market Mapping & Opportunity Assessment

6. North America Medium & Heavy Commercial Vehicle Power Steering Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Mechanism Market Share Analysis
  • 6.2.2. By Component Market Share Analysis
  • 6.2.3. By Country Market Share Analysis
    • 6.2.3.1. United States Market Share Analysis
    • 6.2.3.2. Mexico Market Share Analysis
    • 6.2.3.3. Canada Market Share Analysis
• 6.3. North America: Country Analysis
  • 6.3.1. United States Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Mechanism Market Share Analysis
      • 6.3.1.2.2. By Component Market Share Analysis
  • 6.3.2. Canada Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Mechanism Market Share Analysis
      • 6.3.2.2.2. By Component Market Share Analysis
  • 6.3.3. Mexico Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Mechanism Market Share Analysis
      • 6.3.3.2.2. By Component Market Share Analysis

7. Europe Medium & Heavy Commercial Vehicle Power Steering Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Mechanism Market Share Analysis
  • 7.2.2. By Component Market Share Analysis
  • 7.2.3. By Country Market Share Analysis
    • 7.2.3.1. Germany Market Share Analysis
    • 7.2.3.2. Spain Market Share Analysis
    • 7.2.3.3. France Market Share Analysis
    • 7.2.3.4. Italy Market Share Analysis
    • 7.2.3.5. United Kingdom Market Share Analysis
    • 7.2.3.6. Rest of Europe & CIS Market Share Analysis
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Mechanism Market Share Analysis
      • 7.3.1.2.2. By Component Market Share Analysis
  • 7.3.2. United Kingdom Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Mechanism Market Share Analysis
      • 7.3.2.2.2. By Component Market Share Analysis
  • 7.3.3. Italy Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Mechanism Market Share Analysis
      • 7.3.3.2.2. By Component Market Share Analysis
  • 7.3.4. France Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Mechanism Market Share Analysis
      • 7.3.4.2.2. By Component Market Share Analysis
  • 7.3.5. Spain Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Mechanism Market Share Analysis
      • 7.3.5.2.2. By Component Market Share Analysis

8. Asia-Pacific Medium & Heavy Commercial Vehicle Power Steering Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Mechanism Market Share Analysis
  • 8.2.2. By Component Market Share Analysis
  • 8.2.3. By Country Market Share Analysis
    • 8.2.3.1. China Market Share Analysis
    • 8.2.3.2. India Market Share Analysis
    • 8.2.3.3. Japan Market Share Analysis
    • 8.2.3.4. South Korea Market Share Analysis
    • 8.2.3.5. Australia Market Share Analysis
    • 8.2.3.6. Rest of Asia-Pacific Market Share Analysis
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Mechanism
      • 8.3.1.2.2. By Component
  • 8.3.2. India Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Mechanism Market Share Analysis
      • 8.3.2.2.2. By Component Market Share Analysis
  • 8.3.3. Japan Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Mechanism Market Share Analysis
      • 8.3.3.2.2. By Component Market Share Analysis
  • 8.3.4. South Korea Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Mechanism Market Share Analysis
      • 8.3.4.2.2. By Component Market Share Analysis
  • 8.3.5. Australia Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Mechanism Market Share Analysis
      • 8.3.5.2.2. By Component Market Share Analysis

9. South America Medium & Heavy Commercial Vehicle Power Steering Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Mechanism Market Share Analysis
  • 9.2.2. By Component Market Share Analysis
  • 9.2.3. By Country Market Share Analysis
    • 9.2.3.1. Brazil Market Share Analysis
    • 9.2.3.2. Argentina Market Share Analysis
    • 9.2.3.3. Colombia Market Share Analysis
    • 9.2.3.4. Rest of South America Market Share Analysis
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Mechanism Market Share Analysis
      • 9.3.1.2.2. By Component Market Share Analysis
  • 9.3.2. Argentina Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Mechanism Market Share Analysis
      • 9.3.2.2.2. By Component Market Share Analysis
  • 9.3.3. Colombia Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Mechanism Market Share Analysis
      • 9.3.3.2.2. By Component Market Share Analysis

10. Middle East and Africa Medium & Heavy Commercial Vehicle Power Steering Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Mechanism Market Share Analysis
  • 10.2.2. By Component Market Share Analysis
  • 10.2.3. By Country Market Share Analysis
    • 10.2.3.1. South Africa Market Share Analysis
    • 10.2.3.2. Saudi Arabia Market Share Analysis
    • 10.2.3.3. UAE Market Share Analysis
    • 10.2.3.4. Turkey Market Share Analysis
    • 10.2.3.5. Rest of Middle East & Africa Market Share Analysis
• 10.3. Middle East and Africa: Country Analysis
  • 10.3.1. South Africa Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Mechanism Market Share Analysis
      • 10.3.1.2.2. By Component Market Share Analysis
  • 10.3.2. Saudi Arabia Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Mechanism Market Share Analysis
      • 10.3.2.2.2. By Component Market Share Analysis
  • 10.3.3. UAE Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Mechanism Market Share Analysis
      • 10.3.3.2.2. By Component Market Share Analysis
  • 10.3.4. Turkey Medium & Heavy Commercial Vehicle Power Steering Market Outlook
    • 10.3.4.1. Market Size & Forecast
      • 10.3.4.1.1. By Value
    • 10.3.4.2. Market Share & Forecast
      • 10.3.4.2.1. By Mechanism Market Share Analysis
      • 10.3.4.2.2. By Component Market Share Analysis

11. SWOT Analysis

• 11.1. Strength
• 11.2. Weakness
• 11.3. Opportunities
• 11.4. Threats

12. Market Dynamics

• 12.1. Market Drivers
• 12.2. Market Challenges

13. Market Trends & Developments

14. Competitive Landscape

• 14.1. Company Profile(Up to 10 major Companies)
  • 14.1.1. Robert Bosch GmbH
    • 14.1.1.1. Company Details
    • 14.1.1.2. Key Product Offered
    • 14.1.1.3. Financials (As Per Availability)
    • 14.1.1.4. Recent Developments
    • 14.1.1.5. Key Management Personnel
  • 14.1.2. Nexteer Automotive Corporation
    • 14.1.2.1. Company Details
    • 14.1.2.2. Key Product Offered
    • 14.1.2.3. Financials (As Per Availability)
    • 14.1.2.4. Recent Developments
    • 14.1.2.5. Key Management Personnel
  • 14.1.3. ZF Friedrichshafen AG
    • 14.1.3.1. Company Details
    • 14.1.3.2. Key Product Offered
    • 14.1.3.3. Financials (As Per Availability)
    • 14.1.3.4. Recent Developments
    • 14.1.3.5. Key Management Personnel
  • 14.1.4. JTEKT Corporation
    • 14.1.4.1. Company Details
    • 14.1.4.2. Key Product Offered
    • 14.1.4.3. Financials (As Per Availability)
    • 14.1.4.4. Recent Developments
    • 14.1.4.5. Key Management Personnel
  • 14.1.5. NSK Ltd.
    • 14.1.5.1. Company Details
    • 14.1.5.2. Key Product Offered
    • 14.1.5.3. Financials (As Per Availability)
    • 14.1.5.4. Recent Developments
    • 14.1.5.5. Key Management Personnel
  • 14.1.6. Mitsubishi Electric Corporation
    • 14.1.6.1. Company Details
    • 14.1.6.2. Key Product Offered
    • 14.1.6.3. Financials (As Per Availability)
    • 14.1.6.4. Recent Developments
    • 14.1.6.5. Key Management Personnel
  • 14.1.7. HL Mando Corp.
    • 14.1.7.1. Company Details
    • 14.1.7.2. Key Product Offered
    • 14.1.7.3. Financials (As Per Availability)
    • 14.1.7.4. Recent Developments
    • 14.1.7.5. Key Management Personnel
  • 14.1.8. Hyundai Mobis
    • 14.1.8.1. Company Details
    • 14.1.8.2. Key Product Offered
    • 14.1.8.3. Financials (As Per Availability)
    • 14.1.8.4. Recent Developments
    • 14.1.8.5. Key Management Personnel
  • 14.1.9. Hitachi Astemo, Ltd.
    • 14.1.9.1. Company Details
    • 14.1.9.2. Key Product Offered
    • 14.1.9.3. Financials (As Per Availability)
    • 14.1.9.4. Recent Developments
    • 14.1.9.5. Key Management Personnel
  • 14.1.10. Thyssenkrupp AG
    • 14.1.10.1. Company Details
    • 14.1.10.2. Key Product Offered
    • 14.1.10.3. Financials (As Per Availability)
    • 14.1.10.4. Recent Developments
    • 14.1.10.5. Key Management Personnel

15. Strategic Recommendations

• 15.1. Key Focus Areas
  • 15.1.1. Target Regions
  • 15.1.2. Target By Mechanism
  • 15.1.3. Target By Component

16. About Us & Disclaimer