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Medium And Heavy-Duty Truck Steering System Market Size and growth rate 2025 to 2029: Graph

Medium And Heavy-Duty Truck Steering System Global Market Report 2025 - By Type (Hydraulic Steering Systems, Electric Steering Systems, Electro-Hydraulic Steering Systems), By Component (Steering Wheel, Steering Column, Steering Pump, Steering Gear, Steering Linkage, Steering Fluid Reservoir), By Vehicle Type (Medium-Duty Trucks, Heavy-Duty Trucks), By Application (Transportation And Logistics, Construction, Agriculture, Mining, Oil And Gas), By End-User (Original Equipment Manufacturer, Aftermarket) - Market Size, Trends, And Global Forecast 2025-2034

Medium And Heavy-Duty Truck Steering System Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : June 2025 | Delivery Time: 2-3 business days Info | Format : pdf

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Medium And Heavy-Duty Truck Steering System Global Market Report 2025

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What Is Covered Under Medium And Heavy-Duty Truck Steering System Market?

The medium and heavy-duty truck steering system is a critical component that enables the driver to control the vehicle's direction. It transforms the driver's steering wheel input into the turning motion of the wheels, enabling accurate navigation. It is designed to handle high loads and rugged conditions. The system ensures precise maneuverability and vehicle stability. Its primary purpose is to provide responsive handling while minimizing driver fatigue and ensuring road safety.

The main types of medium- and heavy-duty truck steering systems are hydraulic steering systems, electric steering systems, and electro-hydraulic steering systems. Hydraulic steering systems rely on hydraulic fluid to convert the driver's input into mechanical force, making steering easier, particularly for heavy-duty vehicles and machinery. The key components include the steering wheel, steering column, steering pump, steering gear, steering linkage, and steering fluid reservoir for different vehicle types, such as medium-duty trucks and heavy-duty trucks. It is applicable for various applications such as transportation and logistics, construction, agriculture, mining, and oil and gas, and it is used by several end-users, including original equipment manufacturers (OEMs) and the aftermarket.

Medium And Heavy-Duty Truck Steering System Market Size and growth rate 2025 to 2029: Graph

What Is The Medium And Heavy-Duty Truck Steering System Market Size 2025 And Growth Rate?

The medium and heavy-duty truck steering system market size has grown strongly in recent years. It will grow from $2.42 billion in 2024 to $2.59 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing government regulations on vehicle safety standards, growing demand for fuel-efficient steering systems, increasing adoption of autonomous and semi-autonomous trucks, rising fleet modernization initiatives, and growing use of telematics and smart steering systems.

What Is The Medium And Heavy-Duty Truck Steering System Market Growth Forecast?

The medium and heavy-duty truck steering system market size is expected to see strong growth in the next few years. It will grow to $3.3 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to growing demand for commercial freight transportation, rising investments in road infrastructure development, increasing adoption of advanced steering technologies, growing preference for electric power steering, and rising e-commerce activity. Major trends in the forecast period include advanced driver assistance systems, advancements in autonomous steering technologies, the integration of electric steering systems, the development of steer-by-wire systems, and the integration of advanced driver assistance systems.

How Is The Medium And Heavy-Duty Truck Steering System Market Segmented?

The medium and heavy-duty truck steering system market covered in this report is segmented –

1) By Type: Hydraulic Steering Systems, Electric Steering Systems, Electro-Hydraulic Steering Systems

2) By Component: Steering Wheel, Steering Column, Steering Pump, Steering Gear, Steering Linkage, Steering Fluid Reservoir

3) By Vehicle Type: Medium-Duty Trucks, Heavy-Duty Trucks

4) By Application: Transportation And Logistics, Construction, Agriculture, Mining, Oil And Gas

5) By End-User: Original Equipment Manufacturer, Aftermarket

Subsegments:

1) By Hydraulic Steering Systems: Integral Hydraulic Steering, Power-Assisted Hydraulic Steering, Recirculating Ball Steering

2) By Electric Steering Systems: Column-Mounted Electric Power Steering (Ceps), Pinion-Mounted Electric Power Steering (Peps), Rack-Mounted Electric Power Steering (Reps)

3) By Electro-Hydraulic Steering Systems: Electric Over Hydraulic Steering, Electro-Hydraulic Power Steering, Hybrid Steering Systems

What Is Driving The Medium And Heavy-Duty Truck Steering System Market? Rising Freight Transport Demand Fuels Growth Of The Market Due To E-Commerce Expansion And Logistics Surge

The increasing demand for freight transport is expected to propel the growth of the medium- and heavy-duty truck steering system market going forward. Freight transport refers to the physical process of transporting goods, commodities, and cargo from one location to another. Freight transport is increasing due to the rapid growth of e-commerce, which drives higher demand for frequent and fast delivery of goods to consumers. The medium- and heavy-duty truck steering system helps freight transport by ensuring precise handling and stability, enabling safe and efficient movement of heavy loads over long distances. For instance, in December 2023, according to the National Transportation Research Group, a US-based non-profit organization, in 2022, the U.S. freight network handled roughly 19.7 billion tons of cargo worth about $18.8 trillion in total, which breaks down to an average of around 54 million tons and $52 billion in freight value each day. Therefore, the increasing demand for freight transport is driving the growth of the medium- and heavy-duty truck steering system market.

Who Are The Major Players In The Global Medium And Heavy-Duty Truck Steering System Market?

Major companies operating in the medium and heavy-duty truck steering system market are Robert Bosch GmbH, ZF Friedrichshafen AG, Volvo Group, Thyssenkrupp AG, Continental AG, Hyundai Mobis Co. Ltd., Magna International Inc., Tenneco Inc., Schaeffler Group, JTEKT Corporation, NSK Ltd., Knorr-Bremse AG, Nexteer Automotive, MOOG Inc., Rane Holdings Limited., Hitachi Astemo Ltd., Pailton Engineering Ltd., WABCO Vehicle Control Systems, Mando Corporation, Brogen EV Solution.

What Are The Key Trends Of The Global Medium And Heavy-Duty Truck Steering System Market? Advancements In Electric Power Steering For Enhanced Truck Maneuverability And Fuel Efficiency

Major companies operating in the medium- and heavy-duty truck steering system market are focused on developing advanced systems, such as electric power steering, to meet the growing demand for more environmentally sustainable transportation solutions. Electric power steering (EPS) uses an electric motor to assist steering, drawing power only when needed, which reduces engine load and enhances fuel efficiency. It can be adjusted for varying levels of assist based on speed or driver preference, offering improved comfort and control. For instance, in March 2025, Nexteer Automotive Group Ltd., a US-based automotive industry company, launched a rear-wheel steering (RWS) system. This system is engineered for cost-effectiveness, lightweight design, durability, and seamless integration, aiming to enhance maneuverability, stability, safety, and overall driving experience, especially for larger vehicles such as trucks, SUVs, and EVs. Nexteer’s RWS allows the rear wheels to turn up to 12 degrees in coordination with the front wheels, improving handling at both low and high speeds, reducing turning radius for tight maneuvers, and increasing stability during sudden lane changes.

What Are Latest Mergers And Acquisitions In The Medium And Heavy-Duty Truck Steering System Market? Robert Bosch GmbH Partnered With Plus To Advance Semi-Autonomous Driving In Commercial Vehicles

In May 2023, Robert Bosch GmbH, a Germany-based provider of steering for medium and heavy commercial vehicles, partnered with Plus AI Inc. to accelerate semi-autonomous driving in commercial vehicles for enhanced safety and efficiency. The collaboration aims to integrate PlusDrive software with Bosch’s hardware to enable advanced driver assistance and partial automation, making software-defined commercial trucks a reality and helping OEMs bring semi-autonomous vehicles to market faster. Plus AI Inc. is a US-based autonomous driving technology company specializing in AI-based self-driving systems for commercial trucks.

What Is The Regional Outlook For The Global Medium And Heavy-Duty Truck Steering System Market?

North America was the largest region in the medium and heavy-duty truck steering system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medium and heavy-duty truck steering system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the medium and heavy-duty truck steering system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Medium And Heavy-Duty Truck Steering System Market?

The medium and heavy-duty truck steering system market consists of sales of power steering control units, drag links, steering dampers, and steering angle sensors. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Medium And Heavy-Duty Truck Steering System Industry?

The medium and heavy-duty truck steering system market research report is one of a series of new reports from The Business Research Company that provides medium and heavy-duty truck steering system market statistics, including the medium and heavy-duty truck steering system industry's global market size, regional shares, competitors with the medium and heavy-duty truck steering system market share, detailed medium and heavy-duty truck steering system market segments, market trends and opportunities, and any further data you may need to thrive in the medium and heavy-duty truck steering system market. This medium- and heavy-duty truck steering system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Medium And Heavy Duty Truck Steering System Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $2.59 billion
Revenue Forecast In 2034 $3.3 billion
Growth Rate CAGR of 6.3% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered The medium and heavy-duty truck steering system market covered in this report is segmented –
1) By Type: Hydraulic Steering Systems, Electric Steering Systems, Electro-Hydraulic Steering Systems
2) By Component: Steering Wheel, Steering Column, Steering Pump, Steering Gear, Steering Linkage, Steering Fluid Reservoir
3) By Vehicle Type: Medium-Duty Trucks, Heavy-Duty Trucks
4) By Application: Transportation And Logistics, Construction, Agriculture, Mining, Oil And Gas
5) By End-User: Original Equipment Manufacturer, Aftermarket Subsegments:
1) By Hydraulic Steering Systems: Integral Hydraulic Steering, Power-Assisted Hydraulic Steering, Recirculating Ball Steering
2) By Electric Steering Systems: Column-Mounted Electric Power Steering (Ceps), Pinion-Mounted Electric Power Steering (Peps), Rack-Mounted Electric Power Steering (Reps)
3) By Electro-Hydraulic Steering Systems: Electric Over Hydraulic Steering, Electro-Hydraulic Power Steering, Hybrid Steering Systems
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Robert Bosch GmbH, ZF Friedrichshafen AG, Volvo Group, Thyssenkrupp AG, Continental AG, Hyundai Mobis Co. Ltd., Magna International Inc., Tenneco Inc., Schaeffler Group, JTEKT Corporation, NSK Ltd., Knorr-Bremse AG, Nexteer Automotive, MOOG Inc., Rane Holdings Limited., Hitachi Astemo Ltd., Pailton Engineering Ltd., WABCO Vehicle Control Systems, Mando Corporation, Brogen EV Solution.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Medium And Heavy-Duty Truck Steering System Market Characteristics

    3. Medium And Heavy-Duty Truck Steering System Market Trends And Strategies

    4. Medium And Heavy-Duty Truck Steering System Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

    5. Global Medium And Heavy-Duty Truck Steering System Growth Analysis And Strategic Analysis Framework

    5.1. Global Medium And Heavy-Duty Truck Steering System PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Medium And Heavy-Duty Truck Steering System Market Growth Rate Analysis

    5.4. Global Medium And Heavy-Duty Truck Steering System Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Medium And Heavy-Duty Truck Steering System Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Medium And Heavy-Duty Truck Steering System Total Addressable Market (TAM)

    6. Medium And Heavy-Duty Truck Steering System Market Segmentation

    6.1. Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Hydraulic Steering Systems

    Electric Steering Systems

    Electro-Hydraulic Steering Systems

    6.2. Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Steering Wheel

    Steering Column

    Steering Pump

    Steering Gear

    Steering Linkage

    Steering Fluid Reservoir

    6.3. Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Medium Duty Trucks

    Heavy Duty Trucks

    6.4. Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Transportation And Logistics

    Construction

    Agriculture

    Mining

    Oil And Gas

    6.5. Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Original Equipment Manufacturer

    Aftermarket

    6.6. Global Medium And Heavy-Duty Truck Steering System Market, Sub-Segmentation Of Hydraulic Steering Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Integral Hydraulic Steering

    Power-Assisted Hydraulic Steering

    Recirculating Ball Steering

    6.7. Global Medium And Heavy-Duty Truck Steering System Market, Sub-Segmentation Of Electric Steering Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Column-Mounted Electric Power Steering (Ceps)

    Pinion-Mounted Electric Power Steering (Peps)

    Rack-Mounted Electric Power Steering (Reps)

    6.8. Global Medium And Heavy-Duty Truck Steering System Market, Sub-Segmentation Of Electro-Hydraulic Steering Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Electric Over Hydraulic Steering

    Electro-Hydraulic Power Steering

    Hybrid Steering Systems

    7. Medium And Heavy-Duty Truck Steering System Market Regional And Country Analysis

    7.1. Global Medium And Heavy-Duty Truck Steering System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Medium And Heavy-Duty Truck Steering System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Medium And Heavy-Duty Truck Steering System Market

    8.1. Asia-Pacific Medium And Heavy-Duty Truck Steering System Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Medium And Heavy-Duty Truck Steering System Market

    9.1. China Medium And Heavy-Duty Truck Steering System Market Overview

    9.2. China Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Medium And Heavy-Duty Truck Steering System Market

    10.1. India Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Medium And Heavy-Duty Truck Steering System Market

    11.1. Japan Medium And Heavy-Duty Truck Steering System Market Overview

    11.2. Japan Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Medium And Heavy-Duty Truck Steering System Market

    12.1. Australia Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Medium And Heavy-Duty Truck Steering System Market

    13.1. Indonesia Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Medium And Heavy-Duty Truck Steering System Market

    14.1. South Korea Medium And Heavy-Duty Truck Steering System Market Overview

    14.2. South Korea Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Medium And Heavy-Duty Truck Steering System Market

    15.1. Western Europe Medium And Heavy-Duty Truck Steering System Market Overview

    15.2. Western Europe Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Medium And Heavy-Duty Truck Steering System Market

    16.1. UK Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Medium And Heavy-Duty Truck Steering System Market

    17.1. Germany Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Medium And Heavy-Duty Truck Steering System Market

    18.1. France Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Medium And Heavy-Duty Truck Steering System Market

    19.1. Italy Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Medium And Heavy-Duty Truck Steering System Market

    20.1. Spain Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Medium And Heavy-Duty Truck Steering System Market

    21.1. Eastern Europe Medium And Heavy-Duty Truck Steering System Market Overview

    21.2. Eastern Europe Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Medium And Heavy-Duty Truck Steering System Market

    22.1. Russia Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Medium And Heavy-Duty Truck Steering System Market

    23.1. North America Medium And Heavy-Duty Truck Steering System Market Overview

    23.2. North America Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Medium And Heavy-Duty Truck Steering System Market

    24.1. USA Medium And Heavy-Duty Truck Steering System Market Overview

    24.2. USA Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Medium And Heavy-Duty Truck Steering System Market

    25.1. Canada Medium And Heavy-Duty Truck Steering System Market Overview

    25.2. Canada Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Medium And Heavy-Duty Truck Steering System Market

    26.1. South America Medium And Heavy-Duty Truck Steering System Market Overview

    26.2. South America Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Medium And Heavy-Duty Truck Steering System Market

    27.1. Brazil Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Medium And Heavy-Duty Truck Steering System Market

    28.1. Middle East Medium And Heavy-Duty Truck Steering System Market Overview

    28.2. Middle East Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Medium And Heavy-Duty Truck Steering System Market

    29.1. Africa Medium And Heavy-Duty Truck Steering System Market Overview

    29.2. Africa Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Medium And Heavy-Duty Truck Steering System Market Competitive Landscape And Company Profiles

    30.1. Medium And Heavy-Duty Truck Steering System Market Competitive Landscape

    30.2. Medium And Heavy-Duty Truck Steering System Market Company Profiles

    30.2.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. ZF Friedrichshafen AG Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Volvo Group Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Thyssenkrupp AG Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Continental AG Overview, Products and Services, Strategy and Financial Analysis

    31. Medium And Heavy-Duty Truck Steering System Market Other Major And Innovative Companies

    31.1. Hyundai Mobis Co. Ltd.

    31.2. Magna International Inc.

    31.3. Tenneco Inc.

    31.4. Schaeffler Group

    31.5. JTEKT Corporation

    31.6. NSK Ltd.

    31.7. Knorr-Bremse AG

    31.8. Nexteer Automotive

    31.9. MOOG Inc.

    31.10. Rane Holdings Limited.

    31.11. Hitachi Astemo Ltd.

    31.12. Pailton Engineering Ltd.

    31.13. WABCO Vehicle Control Systems

    31.14. Mando Corporation

    31.15. Brogen EV Solution

    32. Global Medium And Heavy-Duty Truck Steering System Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Medium And Heavy-Duty Truck Steering System Market

    34. Recent Developments In The Medium And Heavy-Duty Truck Steering System Market

    35. Medium And Heavy-Duty Truck Steering System Market High Potential Countries, Segments and Strategies

    35.1 Medium And Heavy-Duty Truck Steering System Market In 2029 - Countries Offering Most New Opportunities

    35.2 Medium And Heavy-Duty Truck Steering System Market In 2029 - Segments Offering Most New Opportunities

    35.3 Medium And Heavy-Duty Truck Steering System Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Medium And Heavy-Duty Truck Steering System Market, Sub-Segmentation Of Hydraulic Steering Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Medium And Heavy-Duty Truck Steering System Market, Sub-Segmentation Of Electric Steering Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Medium And Heavy-Duty Truck Steering System Market, Sub-Segmentation Of Electro-Hydraulic Steering Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Medium And Heavy-Duty Truck Steering System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Medium And Heavy-Duty Truck Steering System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Robert Bosch GmbH Financial Performance
  • Table 80: ZF Friedrichshafen AG Financial Performance
  • Table 81: Volvo Group Financial Performance
  • Table 82: Thyssenkrupp AG Financial Performance
  • Table 83: Continental AG Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Medium And Heavy-Duty Truck Steering System Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Medium And Heavy-Duty Truck Steering System Market, Sub-Segmentation Of Hydraulic Steering Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Medium And Heavy-Duty Truck Steering System Market, Sub-Segmentation Of Electric Steering Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Medium And Heavy-Duty Truck Steering System Market, Sub-Segmentation Of Electro-Hydraulic Steering Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Medium And Heavy-Duty Truck Steering System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Medium And Heavy-Duty Truck Steering System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Medium And Heavy-Duty Truck Steering System Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Robert Bosch GmbH Financial Performance
  • Figure 80: ZF Friedrichshafen AG Financial Performance
  • Figure 81: Volvo Group Financial Performance
  • Figure 82: Thyssenkrupp AG Financial Performance
  • Figure 83: Continental AG Financial Performance
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Frequently Asked Questions

What is the definition of the Medium And Heavy Duty Truck Steering System market?

The medium and heavy-duty truck steering system is a critical component that enables the driver to control the vehicle's direction. It transforms the driver's steering wheel input into the turning motion of the wheels, enabling accurate navigation. It is designed to handle high loads and rugged conditions. The system ensures precise maneuverability and vehicle stability. Its primary purpose is to provide responsive handling while minimizing driver fatigue and ensuring road safety. For further insights on the Medium And Heavy Duty Truck Steering System market, request a sample here

How will the Medium And Heavy Duty Truck Steering System market drivers and restraints affect the market dynamics? What forces will shape the Medium And Heavy Duty Truck Steering System industry going forward?

The Medium And Heavy Duty Truck Steering System market major growth driver - Rising Freight Transport Demand Fuels Growth Of The Market Due To E-Commerce Expansion And Logistics Surge. For further insights on the Medium And Heavy Duty Truck Steering System market, request a sample here

What is the forecast market size or the forecast market value of the Medium And Heavy Duty Truck Steering System market?

The Medium And Heavy Duty Truck Steering System market size has grown strongly in recent years. The medium and heavy-duty truck steering system market size has grown strongly in recent years. It will grow from $2.42 billion in 2024 to $2.59 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing government regulations on vehicle safety standards, growing demand for fuel-efficient steering systems, increasing adoption of autonomous and semi-autonomous trucks, rising fleet modernization initiatives, and growing use of telematics and smart steering systems. The medium and heavy-duty truck steering system market size is expected to see strong growth in the next few years. It will grow to $3.3 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to growing demand for commercial freight transportation, rising investments in road infrastructure development, increasing adoption of advanced steering technologies, growing preference for electric power steering, and rising e-commerce activity. Major trends in the forecast period include advanced driver assistance systems, advancements in autonomous steering technologies, the integration of electric steering systems, the development of steer-by-wire systems, and the integration of advanced driver assistance systems. For further insights on the Medium And Heavy Duty Truck Steering System market, request a sample here

How is the Medium And Heavy Duty Truck Steering System market segmented?

The medium and heavy-duty truck steering system market covered in this report is segmented –
1) By Type: Hydraulic Steering Systems, Electric Steering Systems, Electro-Hydraulic Steering Systems
2) By Component: Steering Wheel, Steering Column, Steering Pump, Steering Gear, Steering Linkage, Steering Fluid Reservoir
3) By Vehicle Type: Medium-Duty Trucks, Heavy-Duty Trucks
4) By Application: Transportation And Logistics, Construction, Agriculture, Mining, Oil And Gas
5) By End-User: Original Equipment Manufacturer, Aftermarket

Subsegments:
1) By Hydraulic Steering Systems: Integral Hydraulic Steering, Power-Assisted Hydraulic Steering, Recirculating Ball Steering
2) By Electric Steering Systems: Column-Mounted Electric Power Steering (Ceps), Pinion-Mounted Electric Power Steering (Peps), Rack-Mounted Electric Power Steering (Reps)
3) By Electro-Hydraulic Steering Systems: Electric Over Hydraulic Steering, Electro-Hydraulic Power Steering, Hybrid Steering Systems For further insights on the Medium And Heavy Duty Truck Steering System market,
request a sample here

Which region has the largest share of the Medium And Heavy Duty Truck Steering System market? What are the other regions covered in the report?

North America was the largest region in the medium and heavy-duty truck steering system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medium and heavy-duty truck steering system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Medium And Heavy Duty Truck Steering System market, request a sample here.

Who are the major players in the Medium And Heavy Duty Truck Steering System market?

Major companies operating in the medium and heavy-duty truck steering system market are Robert Bosch GmbH, ZF Friedrichshafen AG, Volvo Group, Thyssenkrupp AG, Continental AG, Hyundai Mobis Co. Ltd., Magna International Inc., Tenneco Inc., Schaeffler Group, JTEKT Corporation, NSK Ltd., Knorr-Bremse AG, Nexteer Automotive, MOOG Inc., Rane Holdings Limited., Hitachi Astemo Ltd., Pailton Engineering Ltd., WABCO Vehicle Control Systems, Mando Corporation, Brogen EV Solution. . For further insights on the Medium And Heavy Duty Truck Steering System market, request a sample here.

What are the key trends in the Medium And Heavy Duty Truck Steering System market?

Major trends in the Medium And Heavy Duty Truck Steering System market include Advancements In Electric Power Steering For Enhanced Truck Maneuverability And Fuel Efficiency. For further insights on the Medium And Heavy Duty Truck Steering System market, request a sample here.

What are the major opportunities in the Medium And Heavy Duty Truck Steering System market? What are the strategies for the Medium And Heavy Duty Truck Steering System market?

For detailed insights on the major opportunities and strategies in the Medium And Heavy Duty Truck Steering System market, request a sample here.

How does the Medium And Heavy Duty Truck Steering System market relate to the overall economy and other similar markets?

For detailed insights on Medium And Heavy Duty Truck Steering System's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Medium And Heavy Duty Truck Steering System industry?

For detailed insights on the mergers and acquisitions in the Medium And Heavy Duty Truck Steering System industry, request a sample here.

What are the key dynamics influencing the Medium And Heavy Duty Truck Steering System market growth? SWOT analysis of the Medium And Heavy Duty Truck Steering System market.

For detailed insights on the key dynamics influencing the Medium And Heavy Duty Truck Steering System market growth and SWOT analysis of the Medium And Heavy Duty Truck Steering System industry, request a sample here.