Global Power Steering System for Heavy-duty Commercial Vehicle Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

According to APO Research, The global Power Steering System for Heavy-duty Commercial Vehicle market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Power Steering System for Heavy-duty Commercial Vehicle is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Power Steering System for Heavy-duty Commercial Vehicle is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Power Steering System for Heavy-duty Commercial Vehicle is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Power Steering System for Heavy-duty Commercial Vehicle is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Power Steering System for Heavy-duty Commercial Vehicle include JTEKT, HL Mando, Hyundai Mobis, Knorr-Bremse, Nexteer, NSK, Thyssenkrupp, Bosch and ZF, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Power Steering System for Heavy-duty Commercial Vehicle production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Power Steering System for Heavy-duty Commercial Vehicle by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Power Steering System for Heavy-duty Commercial Vehicle, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Power Steering System for Heavy-duty Commercial Vehicle, also provides the consumption of main regions and countries. Of the upcoming market potential for Power Steering System for Heavy-duty Commercial Vehicle, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Power Steering System for Heavy-duty Commercial Vehicle sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Power Steering System for Heavy-duty Commercial Vehicle market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Power Steering System for Heavy-duty Commercial Vehicle sales, projected growth trends, production technology, application and end-user industry.

Power Steering System for Heavy-duty Commercial Vehicle Segment by Company

JTEKT
HL Mando
Hyundai Mobis
Knorr-Bremse
Nexteer
NSK
Thyssenkrupp
Bosch
ZF
Power Steering System for Heavy-duty Commercial Vehicle Segment by Type

Hydraulic Power Steering (HPS)
Electric Power Steering (EPS)
Power Steering System for Heavy-duty Commercial Vehicle Segment by Application

Heavy-duty Truck
Bus
Power Steering System for Heavy-duty Commercial Vehicle Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Power Steering System for Heavy-duty Commercial Vehicle market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Power Steering System for Heavy-duty Commercial Vehicle and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Power Steering System for Heavy-duty Commercial Vehicle.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Power Steering System for Heavy-duty Commercial Vehicle market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Power Steering System for Heavy-duty Commercial Vehicle industry.
Chapter 3: Detailed analysis of Power Steering System for Heavy-duty Commercial Vehicle market competition landscape. Including Power Steering System for Heavy-duty Commercial Vehicle manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Power Steering System for Heavy-duty Commercial Vehicle by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Power Steering System for Heavy-duty Commercial Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value Estimates and Forecasts (2020-2031)
1.2.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production Capacity Estimates and Forecasts (2020-2031)
1.2.3 Global Power Steering System for Heavy-duty Commercial Vehicle Production Estimates and Forecasts (2020-2031)
1.2.4 Global Power Steering System for Heavy-duty Commercial Vehicle Market Average Price (2020-2031)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Power Steering System for Heavy-duty Commercial Vehicle Market Dynamics
2.1 Power Steering System for Heavy-duty Commercial Vehicle Industry Trends
2.2 Power Steering System for Heavy-duty Commercial Vehicle Industry Drivers
2.3 Power Steering System for Heavy-duty Commercial Vehicle Industry Opportunities and Challenges
2.4 Power Steering System for Heavy-duty Commercial Vehicle Industry Restraints
3 Power Steering System for Heavy-duty Commercial Vehicle Market by Manufacturers
3.1 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Manufacturers (2020-2025)
3.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Manufacturers (2020-2025)
3.3 Global Power Steering System for Heavy-duty Commercial Vehicle Average Price by Manufacturers (2020-2025)
3.4 Global Power Steering System for Heavy-duty Commercial Vehicle Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Power Steering System for Heavy-duty Commercial Vehicle Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Power Steering System for Heavy-duty Commercial Vehicle Manufacturers, Product Type & Application
3.7 Global Power Steering System for Heavy-duty Commercial Vehicle Manufacturers Established Date
3.8 Market Competitive Analysis
3.8.1 Global Power Steering System for Heavy-duty Commercial Vehicle Market CR5 and HHI
3.8.2 Global Top 5 and 10 Power Steering System for Heavy-duty Commercial Vehicle Players Market Share by Production Value in 2024
3.8.3 2024 Power Steering System for Heavy-duty Commercial Vehicle Tier 1, Tier 2, and Tier 3
4 Power Steering System for Heavy-duty Commercial Vehicle Market by Type
4.1 Power Steering System for Heavy-duty Commercial Vehicle Type Introduction
4.1.1 Hydraulic Power Steering (HPS)
4.1.2 Electric Power Steering (EPS)
4.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Type
4.2.1 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Type (2020 VS 2024 VS 2031)
4.2.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Type (2020-2031)
4.2.3 Global Power Steering System for Heavy-duty Commercial Vehicle Production Market Share by Type (2020-2031)
4.3 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Type
4.3.1 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Type (2020-2031)
4.3.3 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value Market Share by Type (2020-2031)
5 Power Steering System for Heavy-duty Commercial Vehicle Market by Application
5.1 Power Steering System for Heavy-duty Commercial Vehicle Application Introduction
5.1.1 Heavy-duty Truck
5.1.2 Bus
5.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Application
5.2.1 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Application (2020 VS 2024 VS 2031)
5.2.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Application (2020-2031)
5.2.3 Global Power Steering System for Heavy-duty Commercial Vehicle Production Market Share by Application (2020-2031)
5.3 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Application
5.3.1 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Application (2020-2031)
5.3.3 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value Market Share by Application (2020-2031)
6 Company Profiles
6.1 JTEKT
6.1.1 JTEKT Comapny Information
6.1.2 JTEKT Business Overview
6.1.3 JTEKT Power Steering System for Heavy-duty Commercial Vehicle Production, Value and Gross Margin (2020-2025)
6.1.4 JTEKT Power Steering System for Heavy-duty Commercial Vehicle Product Portfolio
6.1.5 JTEKT Recent Developments
6.2 HL Mando
6.2.1 HL Mando Comapny Information
6.2.2 HL Mando Business Overview
6.2.3 HL Mando Power Steering System for Heavy-duty Commercial Vehicle Production, Value and Gross Margin (2020-2025)
6.2.4 HL Mando Power Steering System for Heavy-duty Commercial Vehicle Product Portfolio
6.2.5 HL Mando Recent Developments
6.3 Hyundai Mobis
6.3.1 Hyundai Mobis Comapny Information
6.3.2 Hyundai Mobis Business Overview
6.3.3 Hyundai Mobis Power Steering System for Heavy-duty Commercial Vehicle Production, Value and Gross Margin (2020-2025)
6.3.4 Hyundai Mobis Power Steering System for Heavy-duty Commercial Vehicle Product Portfolio
6.3.5 Hyundai Mobis Recent Developments
6.4 Knorr-Bremse
6.4.1 Knorr-Bremse Comapny Information
6.4.2 Knorr-Bremse Business Overview
6.4.3 Knorr-Bremse Power Steering System for Heavy-duty Commercial Vehicle Production, Value and Gross Margin (2020-2025)
6.4.4 Knorr-Bremse Power Steering System for Heavy-duty Commercial Vehicle Product Portfolio
6.4.5 Knorr-Bremse Recent Developments
6.5 Nexteer
6.5.1 Nexteer Comapny Information
6.5.2 Nexteer Business Overview
6.5.3 Nexteer Power Steering System for Heavy-duty Commercial Vehicle Production, Value and Gross Margin (2020-2025)
6.5.4 Nexteer Power Steering System for Heavy-duty Commercial Vehicle Product Portfolio
6.5.5 Nexteer Recent Developments
6.6 NSK
6.6.1 NSK Comapny Information
6.6.2 NSK Business Overview
6.6.3 NSK Power Steering System for Heavy-duty Commercial Vehicle Production, Value and Gross Margin (2020-2025)
6.6.4 NSK Power Steering System for Heavy-duty Commercial Vehicle Product Portfolio
6.6.5 NSK Recent Developments
6.7 Thyssenkrupp
6.7.1 Thyssenkrupp Comapny Information
6.7.2 Thyssenkrupp Business Overview
6.7.3 Thyssenkrupp Power Steering System for Heavy-duty Commercial Vehicle Production, Value and Gross Margin (2020-2025)
6.7.4 Thyssenkrupp Power Steering System for Heavy-duty Commercial Vehicle Product Portfolio
6.7.5 Thyssenkrupp Recent Developments
6.8 Bosch
6.8.1 Bosch Comapny Information
6.8.2 Bosch Business Overview
6.8.3 Bosch Power Steering System for Heavy-duty Commercial Vehicle Production, Value and Gross Margin (2020-2025)
6.8.4 Bosch Power Steering System for Heavy-duty Commercial Vehicle Product Portfolio
6.8.5 Bosch Recent Developments
6.9 ZF
6.9.1 ZF Comapny Information
6.9.2 ZF Business Overview
6.9.3 ZF Power Steering System for Heavy-duty Commercial Vehicle Production, Value and Gross Margin (2020-2025)
6.9.4 ZF Power Steering System for Heavy-duty Commercial Vehicle Product Portfolio
6.9.5 ZF Recent Developments
7 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Region
7.1 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Region: 2020 VS 2024 VS 2031
7.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Region (2020-2031)
7.2.1 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Region: 2020-2025
7.2.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production Forecast by Region: 2026-2031
7.3 Global Power Steering System for Heavy-duty Commercial Vehicle Production by Region: 2020 VS 2024 VS 2031
7.4 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Region (2020-2031)
7.4.1 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Region: 2020-2025
7.4.2 Global Power Steering System for Heavy-duty Commercial Vehicle Production Value by Region (2026-2031)
7.5 Global Power Steering System for Heavy-duty Commercial Vehicle Market Price Analysis by Region (2020-2031)
7.6 Regional Production Value Trends (2020-2031)
7.6.1 North America Power Steering System for Heavy-duty Commercial Vehicle Production Value (2020-2031)
7.6.2 Europe Power Steering System for Heavy-duty Commercial Vehicle Production Value (2020-2031)
7.6.3 Asia-Pacific Power Steering System for Heavy-duty Commercial Vehicle Production Value (2020-2031)
7.6.4 South America Power Steering System for Heavy-duty Commercial Vehicle Production Value (2020-2031)
7.6.5 Middle East & Africa Power Steering System for Heavy-duty Commercial Vehicle Production Value (2020-2031)
8 Global Power Steering System for Heavy-duty Commercial Vehicle Consumption by Region
8.1 Global Power Steering System for Heavy-duty Commercial Vehicle Consumption by Region: 2020 VS 2024 VS 2031
8.2 Global Power Steering System for Heavy-duty Commercial Vehicle Consumption by Region (2020-2031)
8.2.1 Global Power Steering System for Heavy-duty Commercial Vehicle Consumption by Region (2020-2025)
8.2.2 Global Power Steering System for Heavy-duty Commercial Vehicle Consumption by Region (2026-2031)
8.3 North America
8.3.1 North America Power Steering System for Heavy-duty Commercial Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.3.2 North America Power Steering System for Heavy-duty Commercial Vehicle Consumption by Country (2020-2031)
8.3.3 U.S.
8.3.4 Canada
8.3.5 Mexico
8.4 Europe
8.4.1 Europe Power Steering System for Heavy-duty Commercial Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.4.2 Europe Power Steering System for Heavy-duty Commercial Vehicle Consumption by Country (2020-2031)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Power Steering System for Heavy-duty Commercial Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.5.2 Asia Pacific Power Steering System for Heavy-duty Commercial Vehicle Consumption by Country (2020-2031)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 South America
8.6.1 South America Power Steering System for Heavy-duty Commercial Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.6.2 South America Power Steering System for Heavy-duty Commercial Vehicle Consumption by Country (2020-2031)
8.6.3 Brazil
8.6.4 Argentina
8.6.5 Chile
8.6.6 Colombia
8.7 Middle East & Africa
8.7.1 Middle East & Africa Power Steering System for Heavy-duty Commercial Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.7.2 Middle East & Africa Power Steering System for Heavy-duty Commercial Vehicle Consumption by Country (2020-2031)
8.7.3 Egypt
8.7.4 South Africa
8.7.5 Israel
8.7.6 Türkiye
8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Power Steering System for Heavy-duty Commercial Vehicle Value Chain Analysis
9.1.1 Power Steering System for Heavy-duty Commercial Vehicle Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Power Steering System for Heavy-duty Commercial Vehicle Production Mode & Process
9.2 Power Steering System for Heavy-duty Commercial Vehicle Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Power Steering System for Heavy-duty Commercial Vehicle Distributors
9.2.3 Power Steering System for Heavy-duty Commercial Vehicle Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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