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Heavy-duty Trucks Steering System-Global Market Insights and Sales Trends 2024
Synopsis
The global Heavy-duty Trucks Steering System market size is expected to reach US$ 2069.7 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Heavy-duty Trucks Steering System in various end use industries. The expanding demands from the Heavy Truck, Semi-Trailer Tractor and Others,, are propelling Heavy-duty Trucks Steering System market. Electric Power Steering (EPS), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electro-Hydraulic Power Steering (EHPS) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Heavy-duty Trucks Steering System market, driven by demand from China, the second largest economy with some signs of stabilising, the Heavy-duty Trucks Steering System market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heavy-duty Trucks Steering System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heavy-duty Trucks Steering System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heavy-duty Trucks Steering System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heavy-duty Trucks Steering System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heavy-duty Trucks Steering System covered in this report include Bosch, ZF Friedrichshafen, JTEKT, Nexteer Automotive, NSK, WABCO, Thyssenkrupp, Knorr-Bremse and Mando, etc.
The global Heavy-duty Trucks Steering System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
ZF Friedrichshafen
JTEKT
Nexteer Automotive
NSK
WABCO
Thyssenkrupp
Knorr-Bremse
Mando
Hyundai Mobis
Global Heavy-duty Trucks Steering System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heavy-duty Trucks Steering System market, Segment by Type:
Electric Power Steering (EPS)
Electro-Hydraulic Power Steering (EHPS)
Global Heavy-duty Trucks Steering System market, by Application
Heavy Truck
Semi-Trailer Tractor
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heavy-duty Trucks Steering System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heavy-duty Trucks Steering System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Heavy-duty Trucks Steering System market size is expected to reach US$ 2069.7 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Heavy-duty Trucks Steering System in various end use industries. The expanding demands from the Heavy Truck, Semi-Trailer Tractor and Others,, are propelling Heavy-duty Trucks Steering System market. Electric Power Steering (EPS), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electro-Hydraulic Power Steering (EHPS) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Heavy-duty Trucks Steering System market, driven by demand from China, the second largest economy with some signs of stabilising, the Heavy-duty Trucks Steering System market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heavy-duty Trucks Steering System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heavy-duty Trucks Steering System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heavy-duty Trucks Steering System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heavy-duty Trucks Steering System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heavy-duty Trucks Steering System covered in this report include Bosch, ZF Friedrichshafen, JTEKT, Nexteer Automotive, NSK, WABCO, Thyssenkrupp, Knorr-Bremse and Mando, etc.
The global Heavy-duty Trucks Steering System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
ZF Friedrichshafen
JTEKT
Nexteer Automotive
NSK
WABCO
Thyssenkrupp
Knorr-Bremse
Mando
Hyundai Mobis
Global Heavy-duty Trucks Steering System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heavy-duty Trucks Steering System market, Segment by Type:
Electric Power Steering (EPS)
Electro-Hydraulic Power Steering (EHPS)
Global Heavy-duty Trucks Steering System market, by Application
Heavy Truck
Semi-Trailer Tractor
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heavy-duty Trucks Steering System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heavy-duty Trucks Steering System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Heavy-duty Trucks Steering System Market Overview
1.1 Heavy-duty Trucks Steering System Product Overview
1.2 Heavy-duty Trucks Steering System Market Segment by Type
1.2.1 Electric Power Steering (EPS)
1.2.2 Electro-Hydraulic Power Steering (EHPS)
1.3 Global Heavy-duty Trucks Steering System Market Size by Type
1.3.1 Global Heavy-duty Trucks Steering System Market Size Overview by Type (2018-2029)
1.3.2 Global Heavy-duty Trucks Steering System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Heavy-duty Trucks Steering System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Heavy-duty Trucks Steering System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Heavy-duty Trucks Steering System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Heavy-duty Trucks Steering System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Heavy-duty Trucks Steering System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Heavy-duty Trucks Steering System Sales Breakdown by Type (2018-2023)
2 Global Heavy-duty Trucks Steering System Market Competition by Company
2.1 Global Top Players by Heavy-duty Trucks Steering System Sales (2018-2023)
2.2 Global Top Players by Heavy-duty Trucks Steering System Revenue (2018-2023)
2.3 Global Top Players by Heavy-duty Trucks Steering System Price (2018-2023)
2.4 Global Top Manufacturers Heavy-duty Trucks Steering System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Heavy-duty Trucks Steering System Market Competitive Situation and Trends
2.5.1 Heavy-duty Trucks Steering System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Heavy-duty Trucks Steering System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Heavy-duty Trucks Steering System as of 2022)
2.7 Date of Key Manufacturers Enter into Heavy-duty Trucks Steering System Market
2.8 Key Manufacturers Heavy-duty Trucks Steering System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Heavy-duty Trucks Steering System Status and Outlook by Region
3.1 Global Heavy-duty Trucks Steering System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Heavy-duty Trucks Steering System Historic Market Size by Region
3.2.1 Global Heavy-duty Trucks Steering System Sales in Volume by Region (2018-2023)
3.2.2 Global Heavy-duty Trucks Steering System Sales in Value by Region (2018-2023)
3.2.3 Global Heavy-duty Trucks Steering System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Heavy-duty Trucks Steering System Forecasted Market Size by Region
3.3.1 Global Heavy-duty Trucks Steering System Sales in Volume by Region (2024-2029)
3.3.2 Global Heavy-duty Trucks Steering System Sales in Value by Region (2024-2029)
3.3.3 Global Heavy-duty Trucks Steering System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Heavy-duty Trucks Steering System by Application
4.1 Heavy-duty Trucks Steering System Market Segment by Application
4.1.1 Heavy Truck
4.1.2 Semi-Trailer Tractor
4.1.3 Others
4.2 Global Heavy-duty Trucks Steering System Market Size by Application
4.2.1 Global Heavy-duty Trucks Steering System Market Size Overview by Application (2018-2029)
4.2.2 Global Heavy-duty Trucks Steering System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Heavy-duty Trucks Steering System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Heavy-duty Trucks Steering System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Heavy-duty Trucks Steering System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Heavy-duty Trucks Steering System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Heavy-duty Trucks Steering System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Heavy-duty Trucks Steering System Sales Breakdown by Application (2018-2023)
5 North America Heavy-duty Trucks Steering System by Country
5.1 North America Heavy-duty Trucks Steering System Historic Market Size by Country
5.1.1 North America Heavy-duty Trucks Steering System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Heavy-duty Trucks Steering System Sales in Volume by Country (2018-2023)
5.1.3 North America Heavy-duty Trucks Steering System Sales in Value by Country (2018-2023)
5.2 North America Heavy-duty Trucks Steering System Forecasted Market Size by Country
5.2.1 North America Heavy-duty Trucks Steering System Sales in Volume by Country (2024-2029)
5.2.2 North America Heavy-duty Trucks Steering System Sales in Value by Country (2024-2029)
6 Europe Heavy-duty Trucks Steering System by Country
6.1 Europe Heavy-duty Trucks Steering System Historic Market Size by Country
6.1.1 Europe Heavy-duty Trucks Steering System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Heavy-duty Trucks Steering System Sales in Volume by Country (2018-2023)
6.1.3 Europe Heavy-duty Trucks Steering System Sales in Value by Country (2018-2023)
6.2 Europe Heavy-duty Trucks Steering System Forecasted Market Size by Country
6.2.1 Europe Heavy-duty Trucks Steering System Sales in Volume by Country (2024-2029)
6.2.2 Europe Heavy-duty Trucks Steering System Sales in Value by Country (2024-2029)
7 Asia-Pacific Heavy-duty Trucks Steering System by Region
7.1 Asia-Pacific Heavy-duty Trucks Steering System Historic Market Size by Region
7.1.1 Asia-Pacific Heavy-duty Trucks Steering System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Heavy-duty Trucks Steering System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Heavy-duty Trucks Steering System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Heavy-duty Trucks Steering System Forecasted Market Size by Region
7.2.1 Asia-Pacific Heavy-duty Trucks Steering System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Heavy-duty Trucks Steering System Sales in Value by Region (2024-2029)
8 Latin America Heavy-duty Trucks Steering System by Country
8.1 Latin America Heavy-duty Trucks Steering System Historic Market Size by Country
8.1.1 Latin America Heavy-duty Trucks Steering System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Heavy-duty Trucks Steering System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Heavy-duty Trucks Steering System Sales in Value by Country (2018-2023)
8.2 Latin America Heavy-duty Trucks Steering System Forecasted Market Size by Country
8.2.1 Latin America Heavy-duty Trucks Steering System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Heavy-duty Trucks Steering System Sales in Value by Country (2024-2029)
9 Middle East and Africa Heavy-duty Trucks Steering System by Country
9.1 Middle East and Africa Heavy-duty Trucks Steering System Historic Market Size by Country
9.1.1 Middle East and Africa Heavy-duty Trucks Steering System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Heavy-duty Trucks Steering System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Heavy-duty Trucks Steering System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Heavy-duty Trucks Steering System Forecasted Market Size by Country
9.2.1 Middle East and Africa Heavy-duty Trucks Steering System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Heavy-duty Trucks Steering System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bosch
10.1.1 Bosch Company Information
10.1.2 Bosch Introduction and Business Overview
10.1.3 Bosch Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bosch Heavy-duty Trucks Steering System Products Offered
10.1.5 Bosch Recent Development
10.2 ZF Friedrichshafen
10.2.1 ZF Friedrichshafen Company Information
10.2.2 ZF Friedrichshafen Introduction and Business Overview
10.2.3 ZF Friedrichshafen Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ZF Friedrichshafen Heavy-duty Trucks Steering System Products Offered
10.2.5 ZF Friedrichshafen Recent Development
10.3 JTEKT
10.3.1 JTEKT Company Information
10.3.2 JTEKT Introduction and Business Overview
10.3.3 JTEKT Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 JTEKT Heavy-duty Trucks Steering System Products Offered
10.3.5 JTEKT Recent Development
10.4 Nexteer Automotive
10.4.1 Nexteer Automotive Company Information
10.4.2 Nexteer Automotive Introduction and Business Overview
10.4.3 Nexteer Automotive Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Nexteer Automotive Heavy-duty Trucks Steering System Products Offered
10.4.5 Nexteer Automotive Recent Development
10.5 NSK
10.5.1 NSK Company Information
10.5.2 NSK Introduction and Business Overview
10.5.3 NSK Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 NSK Heavy-duty Trucks Steering System Products Offered
10.5.5 NSK Recent Development
10.6 WABCO
10.6.1 WABCO Company Information
10.6.2 WABCO Introduction and Business Overview
10.6.3 WABCO Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 WABCO Heavy-duty Trucks Steering System Products Offered
10.6.5 WABCO Recent Development
10.7 Thyssenkrupp
10.7.1 Thyssenkrupp Company Information
10.7.2 Thyssenkrupp Introduction and Business Overview
10.7.3 Thyssenkrupp Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Thyssenkrupp Heavy-duty Trucks Steering System Products Offered
10.7.5 Thyssenkrupp Recent Development
10.8 Knorr-Bremse
10.8.1 Knorr-Bremse Company Information
10.8.2 Knorr-Bremse Introduction and Business Overview
10.8.3 Knorr-Bremse Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Knorr-Bremse Heavy-duty Trucks Steering System Products Offered
10.8.5 Knorr-Bremse Recent Development
10.9 Mando
10.9.1 Mando Company Information
10.9.2 Mando Introduction and Business Overview
10.9.3 Mando Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Mando Heavy-duty Trucks Steering System Products Offered
10.9.5 Mando Recent Development
10.10 Hyundai Mobis
10.10.1 Hyundai Mobis Company Information
10.10.2 Hyundai Mobis Introduction and Business Overview
10.10.3 Hyundai Mobis Heavy-duty Trucks Steering System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hyundai Mobis Heavy-duty Trucks Steering System Products Offered
10.10.5 Hyundai Mobis Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Heavy-duty Trucks Steering System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Heavy-duty Trucks Steering System Industrial Chain Analysis
11.4 Heavy-duty Trucks Steering System Market Dynamics
11.4.1 Heavy-duty Trucks Steering System Industry Trends
11.4.2 Heavy-duty Trucks Steering System Market Drivers
11.4.3 Heavy-duty Trucks Steering System Market Challenges
11.4.4 Heavy-duty Trucks Steering System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Heavy-duty Trucks Steering System Distributors
12.3 Heavy-duty Trucks Steering System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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