Global Commercial Vehicle Steering Knuckle Market Growth 2024-2030
The steering knuckle is a pivotal component in a vehicle’s suspension system that connects the wheel hub or spindle to the suspension and steering components1. It is designed to maintain the wheel in a stable plane of motion while allowing for the necessary pivoting action required for steering. The knuckle is attached to the suspension by the upper and lower control arms and connects to the steering mechanism, enabling the driver to control the direction of the vehicle.
The global Commercial Vehicle Steering Knuckle market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Commercial Vehicle Steering Knuckle Industry Forecast” looks at past sales and reviews total world Commercial Vehicle Steering Knuckle sales in 2023, providing a comprehensive analysis by region and market sector of projected Commercial Vehicle Steering Knuckle sales for 2024 through 2030. With Commercial Vehicle Steering Knuckle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Vehicle Steering Knuckle industry.
This Insight Report provides a comprehensive analysis of the global Commercial Vehicle Steering Knuckle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Vehicle Steering Knuckle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Vehicle Steering Knuckle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Vehicle Steering Knuckle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Vehicle Steering Knuckle.
United States market for Commercial Vehicle Steering Knuckle is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Commercial Vehicle Steering Knuckle is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Commercial Vehicle Steering Knuckle is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Commercial Vehicle Steering Knuckle players cover HuBei Tri-Ring Forging, Teksid, Hirschvogel, Replacement, Dorman, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Vehicle Steering Knuckle market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Steering Knuckle with Hub
Steering Knuckle with Principal Axis
Segmentation by Application:
Bus
Truck
Semi-Trailer Tractor
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
HuBei Tri-Ring Forging
Teksid
Hirschvogel
Replacement
Dorman
Crown
Moog
Motorcraft
GenuineXL
Sakthi Auto Component Limited
Key Questions Addressed in this Report
What is the 10-year outlook for the global Commercial Vehicle Steering Knuckle market?
What factors are driving Commercial Vehicle Steering Knuckle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Commercial Vehicle Steering Knuckle market opportunities vary by end market size?
How does Commercial Vehicle Steering Knuckle break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.