Medium Duty Truck Steering System Global Market Report 2025

Name: Medium Duty Truck Steering System Global Market Report 2025
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Medium Duty Truck Steering System Market Size and growth rate 2025 to 2029: Graph

Medium Duty Truck Steering System Global Market Report 2025 - By Type (Hydraulic Power Steering (HPS), Electric Power Steering (EPS), Electro-Hydraulic Power Steering (EHPS)), By Product (Steering Columns, Steering Gear, Steering Pumps, Steering Sensors, Steering Motors), By Technology (Power Steering, Manual Steering, Steer-By-Wire), By Application (Construction And Mining, Freight And logistics, Other Applications), By End User (Original Equipment Manufacturer (OEMs), Aftermarket, Fleet Owners) - Market Size, Trends, And Global Forecast 2025-2034

Medium Duty Truck Steering System Global Market Report 2025

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Medium Duty Truck Steering System Global Market Report 2025

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What Is Covered Under Medium Duty Truck Steering System Market?

The medium duty truck steering system refers to the components that help a medium-sized truck turn and stay on course while driving. Medium-duty truck steering systems utilize either hydraulic or electronic power assistance to help drivers maneuver heavier vehicles more easily, providing improved control, stability, and comfort during long hauls or urban deliveries; these trucks are commonly used to transport goods, equipment, or materials for businesses such as delivery services, construction, and landscaping.

The main types of medium duty truck steering systems are hydraulic power steering (HPS), electric power steering (EPS), and electro-hydraulic power steering (EHPS). Hydraulic power steering (HPS) refers to a steering system that uses hydraulic pressure generated by a pump (usually driven by the engine) to assist the driver in turning the steering wheel. These are used for various products, including steering columns, steering gear, steering pumps, steering sensors, and steering motors. The various technologies include power steering, manual steering, and steer-by-wire through various applications such as construction and mining, Freight And logistics, and other applications, and are used by various end users such as original equipment manufacturers (OEMs), aftermarket, and fleet owners.

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

The medium duty truck steering system market size has grown strongly in recent years. It will grow from $2.99 billion in 2024 to $3.17 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to the rise of connected vehicle technologies, an increase in fuel efficiency requirements, an increase in the demand for reliable transportation solutions, the rise of electric trucks, and an increase in construction and infrastructure.

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

The medium duty truck steering system market size is expected to see strong growth in the next few years. It will grow to $3.98 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing pressure on medium-duty trucks, increasing demand for reliable and efficient transportation solutions, expansion of e-commerce, growing transportation volumes, and rising adoption of electric medium-duty trucks. Major trends in the forecast period include advanced steering technologies, shift toward electric and automated steering solutions, new technologies, shift towards steer-by-wire technology, and advanced sensor fusion technologies.

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How Is The Medium Duty Truck Steering System Market Segmented?

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

1) By Type: Hydraulic Power Steering (HPS), Electric Power Steering (EPS), Electro-Hydraulic Power Steering (EHPS)

2) By Product: Steering Columns, Steering Gear, Steering Pumps, Steering Sensors, Steering Motors

3) By Technology: Power Steering, Manual Steering, Steer-By-Wire

4) By Application: Construction And Mining, Freight And logistics, Other Applications

5) By End User: Original Equipment Manufacturer (OEMs), Aftermarket, Fleet Owners

Subsegments:

1) By Hydraulic Power Steering System (HPS): Integral Steering System, Linkage Type Steering System

2) By Electric Power Steering System (EPS): Column Assist Type, Pinion Assist Type, Rack Assist Type

3) By Electro-Hydraulic Power Steering System (EHPS): Belt-Driven Electro-Hydraulic Power Steering System, Direct-Drive Hydraulic Power Steering System

What Is Driving The Medium Duty Truck Steering System Market? Surge In Fuel-Efficient Vehicles Driving The Growth Of The Market Due To Reduced Fuel Costs And Enhanced Fuel Economy

The increasing demand for fuel-efficient vehicles is expected to drive the growth in the medium-duty truck steering system market going forward. Fuel-efficient vehicles refer to automobiles that use less fuel to travel a given distance compared to standard vehicles. The increasing demand for fuel-efficient vehicles is due to the need to reduce fuel costs, as they consume less fuel, leading to significant long-term savings. Medium-duty truck steering systems help fuel-efficient vehicles by reducing steering effort and improving vehicle handling, which enhances fuel economy by optimizing energy use and reducing engine load. For instance, in December 2024, according to the Energy Information Administration, a US-based government agency, the combined share of hybrid, plug-in hybrid electric, and battery electric vehicles (BEVs) in total new light-duty vehicle (LDV) sales in the United States rose from 19.1% in the second quarter of 2024 to 21.2% in the third quarter of 2024. Therefore, the increasing demand for fuel-efficient vehicles is driving the medium-duty truck steering system market.

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

Major companies operating in the medium duty truck steering system market are Mitsubishi Motors Corporation , Robert Bosch GmbH, Nissan Motor Co Ltd., Hyundai Mobis Co Ltd., ZF Friedrichshafen AG, Thyssenkrupp AG, Schaeffler AG, Infineon Technologies AG, Nidec Corporation, JTEKT Corporation, Danfoss A/S, Knorr-Bremse AG, NSK Ltd., Mando Corporation, Wiley, Showa Corporation, UD Trucks Corporation, Allient Inc., Nexteer Automotive Corporation, Delphi Technologies PLC

What Are The Key Trends Of The Global Medium Duty Truck Steering System Market? Innovative Modular Steering Solutions Drive Advancements IN Medium-Duty Truck Steering Systems

Major companies operating in the medium-duty truck steering system market are focusing on developing innovative solutions such as modular steering to enhance cost-effectiveness, scalability, and integration with advanced vehicle technologies. Modular steering refers to a flexible and scalable steering system architecture that can be adapted or customized across different vehicle platforms by using common components and design elements. For instance, in August 2024, Nexteer Automotive, a US-based technology company, launched the modular pinion-assist electric power steering (EPS) system, which now encompasses all major EPS architectures. This new system includes a cost-effective, scalable solution that supports both single-pinion and dual-pinion configurations. It is compatible with all propulsion types, including electric, hybrid, and internal combustion engine vehicles. The system enhances driver comfort by reducing noise, vibration, and harshness (NVH) levels. Its modular design allows for greater flexibility and efficiency in vehicle platform integration.

What Are Latest Mergers And Acquisitions In The Medium Duty Truck Steering System Market? Balmoral Funds LLC Acquired R.H. Sheppard Co., Inc. To Strengthen Portfolio And Accelerate Growth

In December 2024, Balmoral Funds LLC, a US-based private equity firm, acquired R.H. Sheppard Co. Inc. for an undisclosed amount. With this acquisition, Balmoral Funds LLC aims to strengthen its portfolio and accelerate growth in strategic market sectors. R.H. Sheppard Co. Inc. is a US-based manufacturing company that specializes in steering systems, particularly for medium- and heavy-duty trucks.

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

North America was the largest region in the medium duty truck steering system market in 2024. Asia-Pacific is expected to be the leading region in the forecast period. The regions covered in the medium 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 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 Duty Truck Steering System Market?

The medium duty truck steering system market consists of revenues earned by entities by providing services such as power steering pump service, steering linkage service, tie rod end replacement services, electronic steering calibration services, and steering system inspection and lubrication services. The market value includes the value of related goods sold by the service provider or included within the service offering. The medium duty truck steering system market also includes sales of steering gearboxes, steering shafts, electric power steering, power steering pumps, and tie rod ends. 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 Duty Truck Steering System Industry?

The medium duty truck steering system market research report is one of a series of new reports from The Business Research Company that provides medium duty truck steering system market statistics, including medium duty truck steering system industry global market size, regional shares, competitors with a medium duty truck steering system market share, medium duty truck steering system market segments, market trends and opportunities, and any further data you may need to thrive in the medium duty truck steering system industry. This medium 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 scenario of the industry.

Medium Duty Truck Steering System Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$3.17 billion
Revenue Forecast In 2034	$3.98 billion
Growth Rate	CAGR of 5.9% 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 duty truck steering system market covered in this report is segmented – 1) By Type: Hydraulic Power Steering (HPS), Electric Power Steering (EPS), Electro-Hydraulic Power Steering (EHPS) 2) By Product: Steering Columns, Steering Gear, Steering Pumps, Steering Sensors, Steering Motors 3) By Technology: Power Steering, Manual Steering, Steer-By-Wire 4) By Application: Construction And Mining, Freight And logistics, Other Applications 5) By End User: Original Equipment Manufacturer (OEMs), Aftermarket, Fleet Owners Subsegments: 1) By Hydraulic Power Steering System (HPS): Integral Steering System, Linkage Type Steering System 2) By Electric Power Steering System (EPS): Column Assist Type, Pinion Assist Type, Rack Assist Type 3) By Electro-Hydraulic Power Steering System (EHPS): Belt-Driven Electro-Hydraulic Power Steering System, Direct-Drive Hydraulic Power Steering System
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	Mitsubishi Motors Corporation , Robert Bosch GmbH, Nissan Motor Co Ltd., Hyundai Mobis Co Ltd., ZF Friedrichshafen AG, Thyssenkrupp AG, Schaeffler AG, Infineon Technologies AG, Nidec Corporation, JTEKT Corporation, Danfoss A/S, Knorr-Bremse AG, NSK Ltd., Mando Corporation, Wiley, Showa Corporation, UD Trucks Corporation, Allient Inc., Nexteer Automotive Corporation, Delphi Technologies PLC
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Medium Duty Truck Steering System Market Characteristics

3. Medium Duty Truck Steering System Market Trends And Strategies

4. Medium 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 Duty Truck Steering System Growth Analysis And Strategic Analysis Framework

5.1. Global Medium 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 Duty Truck Steering System Market Growth Rate Analysis

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

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

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

6. Medium Duty Truck Steering System Market Segmentation

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

Hydraulic Power Steering (HPS)

Electric Power Steering (EPS)

Electro-Hydraulic Power Steering (EHPS)

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

Steering Columns

Steering Gear

Steering Pumps

Steering Sensors

Steering Motors

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

Power Steering

Manual Steering

Steer-By-Wire

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

Construction And Mining

Freight And logistics

Other Applications

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

Original Equipment Manufacturer (OEMs)

Aftermarket

Fleet Owners

6.6. Global Medium Duty Truck Steering System Market, Sub-Segmentation Of Hydraulic Power Steering System (HPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Integral Steering System

Linkage Type Steering System

6.7. Global Medium Duty Truck Steering System Market, Sub-Segmentation Of Electric Power Steering System(EPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Column Assist Type

Pinion Assist Type

Rack Assist Type

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

Belt-Driven Electro-Hydraulic Power Steering System

Direct-Drive Hydraulic Power Steering System

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

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

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

8. Asia-Pacific Medium Duty Truck Steering System Market

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

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

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

9. China Medium Duty Truck Steering System Market

9.1. China Medium Duty Truck Steering System Market Overview

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

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

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

10. India Medium Duty Truck Steering System Market

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

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

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

11. Japan Medium Duty Truck Steering System Market

11.1. Japan Medium Duty Truck Steering System Market Overview

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

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

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

12. Australia Medium Duty Truck Steering System Market

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

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

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

13. Indonesia Medium Duty Truck Steering System Market

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

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

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

14. South Korea Medium Duty Truck Steering System Market

14.1. South Korea Medium Duty Truck Steering System Market Overview

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

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

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

15. Western Europe Medium Duty Truck Steering System Market

15.1. Western Europe Medium Duty Truck Steering System Market Overview

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

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

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

16. UK Medium Duty Truck Steering System Market

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

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

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

17. Germany Medium Duty Truck Steering System Market

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

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

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

18. France Medium Duty Truck Steering System Market

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

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

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

19. Italy Medium Duty Truck Steering System Market

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

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

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

20. Spain Medium Duty Truck Steering System Market

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

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

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

21. Eastern Europe Medium Duty Truck Steering System Market

21.1. Eastern Europe Medium Duty Truck Steering System Market Overview

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

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

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

22. Russia Medium Duty Truck Steering System Market

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

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

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

23. North America Medium Duty Truck Steering System Market

23.1. North America Medium Duty Truck Steering System Market Overview

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

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

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

24. USA Medium Duty Truck Steering System Market

24.1. USA Medium Duty Truck Steering System Market Overview

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

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

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

25. Canada Medium Duty Truck Steering System Market

25.1. Canada Medium Duty Truck Steering System Market Overview

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

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

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

26. South America Medium Duty Truck Steering System Market

26.1. South America Medium Duty Truck Steering System Market Overview

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

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

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

27. Brazil Medium Duty Truck Steering System Market

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

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

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

28. Middle East Medium Duty Truck Steering System Market

28.1. Middle East Medium Duty Truck Steering System Market Overview

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

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

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

29. Africa Medium Duty Truck Steering System Market

29.1. Africa Medium Duty Truck Steering System Market Overview

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

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

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

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

30.1. Medium Duty Truck Steering System Market Competitive Landscape

30.2. Medium Duty Truck Steering System Market Company Profiles

30.2.1. Mitsubishi Motors Corporation Overview, Products and Services, Strategy and Financial Analysis

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

30.2.3. Nissan Motor Co Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Hyundai Mobis Co Ltd. Overview, Products and Services, Strategy and Financial Analysis

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

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

31.1. Thyssenkrupp AG

31.2. Schaeffler AG

31.3. Infineon Technologies AG

31.4. Nidec Corporation

31.5. JTEKT Corporation

31.6. Danfoss A/S

31.7. Knorr-Bremse AG

31.8. NSK Ltd.

31.9. Mando Corporation

31.10. Wiley

31.11. Showa Corporation

31.12. UD Trucks Corporation

31.13. Allient Inc.

31.14. Nexteer Automotive Corporation

31.15. Delphi Technologies PLC

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

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

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

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

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

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

35.3 Medium 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 Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Medium Duty Truck Steering System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Medium Duty Truck Steering System Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Medium Duty Truck Steering System Market, Sub-Segmentation Of Hydraulic Power Steering System (HPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Medium Duty Truck Steering System Market, Sub-Segmentation Of Electric Power Steering System(EPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Medium Duty Truck Steering System Market, Sub-Segmentation Of Electro-Hydraulic Power Steering System (EHPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Medium Duty Truck Steering System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Medium Duty Truck Steering System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Mitsubishi Motors Corporation Financial Performance

Table 80: Robert Bosch GmbH Financial Performance

Table 81: Nissan Motor Co Ltd. Financial Performance

Table 82: Hyundai Mobis Co Ltd. Financial Performance

Table 83: ZF Friedrichshafen 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 Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Medium Duty Truck Steering System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Medium Duty Truck Steering System Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Medium Duty Truck Steering System Market, Sub-Segmentation Of Hydraulic Power Steering System (HPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Medium Duty Truck Steering System Market, Sub-Segmentation Of Electric Power Steering System(EPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Medium Duty Truck Steering System Market, Sub-Segmentation Of Electro-Hydraulic Power Steering System (EHPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Medium Duty Truck Steering System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Medium Duty Truck Steering System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Medium Duty Truck Steering System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Medium Duty Truck Steering System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Medium Duty Truck Steering System Market, Segmentation By Technology , Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Mitsubishi Motors Corporation Financial Performance

Figure 80: Robert Bosch GmbH Financial Performance

Figure 81: Nissan Motor Co Ltd. Financial Performance

Figure 82: Hyundai Mobis Co Ltd. Financial Performance

Figure 83: ZF Friedrichshafen AG Financial Performance

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Frequently Asked Questions

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

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

The Medium Duty Truck Steering System market major growth driver - Surge In Fuel-Efficient Vehicles Driving The Growth Of The Market Due To Reduced Fuel Costs And Enhanced Fuel Economy. For further insights on the Medium Duty Truck Steering System market, request a sample here

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

The Medium Duty Truck Steering System market size has grown strongly in recent years. The medium duty truck steering system market size has grown strongly in recent years. It will grow from $2.99 billion in 2024 to $3.17 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to the rise of connected vehicle technologies, an increase in fuel efficiency requirements, an increase in the demand for reliable transportation solutions, the rise of electric trucks, and an increase in construction and infrastructure. The medium duty truck steering system market size is expected to see strong growth in the next few years. It will grow to $3.98 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing pressure on medium-duty trucks, increasing demand for reliable and efficient transportation solutions, expansion of e-commerce, growing transportation volumes, and rising adoption of electric medium-duty trucks. Major trends in the forecast period include advanced steering technologies, shift toward electric and automated steering solutions, new technologies, shift towards steer-by-wire technology, and advanced sensor fusion technologies. For further insights on the Medium Duty Truck Steering System market, request a sample here

How is the Medium Duty Truck Steering System market segmented?

The medium duty truck steering system market covered in this report is segmented –
1) By Type: Hydraulic Power Steering (HPS), Electric Power Steering (EPS), Electro-Hydraulic Power Steering (EHPS)
2) By Product: Steering Columns, Steering Gear, Steering Pumps, Steering Sensors, Steering Motors
3) By Technology: Power Steering, Manual Steering, Steer-By-Wire
4) By Application: Construction And Mining, Freight And logistics, Other Applications
5) By End User: Original Equipment Manufacturer (OEMs), Aftermarket, Fleet Owners

Subsegments:
1) By Hydraulic Power Steering System (HPS): Integral Steering System, Linkage Type Steering System
2) By Electric Power Steering System (EPS): Column Assist Type, Pinion Assist Type, Rack Assist Type
3) By Electro-Hydraulic Power Steering System (EHPS): Belt-Driven Electro-Hydraulic Power Steering System, Direct-Drive Hydraulic Power Steering System For further insights on the Medium Duty Truck Steering System market, request a sample here

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

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

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

Major trends in the Medium Duty Truck Steering System market include Innovative Modular Steering Solutions Drive Advancements IN Medium-Duty Truck Steering Systems. For further insights on the Medium Duty Truck Steering System market, request a sample here.

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

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

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

For detailed insights on Medium 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 Duty Truck Steering System industry?

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

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

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

Medium Duty Truck Steering System Global Market Report 2025

Medium Duty Truck Steering System Global Market Report 2025

Market Insights

Related Reports

What Is Covered Under Medium Duty Truck Steering System Market?

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

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

How Is The Medium Duty Truck Steering System Market Segmented?

What Is Driving The Medium Duty Truck Steering System Market? Surge In Fuel-Efficient Vehicles Driving The Growth Of The Market Due To Reduced Fuel Costs And Enhanced Fuel Economy

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

What Are The Key Trends Of The Global Medium Duty Truck Steering System Market? Innovative Modular Steering Solutions Drive Advancements IN Medium-Duty Truck Steering Systems

What Are Latest Mergers And Acquisitions In The Medium Duty Truck Steering System Market? Balmoral Funds LLC Acquired R.H. Sheppard Co., Inc. To Strengthen Portfolio And Accelerate Growth

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

What Defines the Medium Duty Truck Steering System Market?

How is Market Value Defined and Measured?

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

Table Of Contents

List Of Tables

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