According to Stratistics MRC, the Global Medium and heavy-duty truck steering system market is accounted for $2.40 million in 2017 and is expected to reach $3.36 million by 2026 growing at a CAGR of 3.8% during the forecast period. The rising need for improved commercial vehicle protection, performance and truck driver comfort in medium and heavy-duty trucks are some of the key factors which are driving the market growth. However, growing the price of latest trucks is restraining the market growth.
Heavy duty trucks appear under heavy duty commercial vehicles and are used for cargo shipping, logistics operations, construction, mining, and agricultural fields for diverse function. These trucks find appliance in the industry such as logistics, manufacture, and others. Demand for heavy duty trucks, has been witness a notable climb.
Based on Application, Medium Duty Truck is used for a selection of lighter responsibility applications. Medium duty trucks also contain a lower fuel economy than heavy duty trucks, manufacturing them the ultimate choice for certain lighter applications. Drivers desire to use medium duty trucks for their garbage truck requirements owing to the fixed turning radius and high visibility that is helpful while their route requires them to navigate Neighbourhood Street. By Geography, Asia Pacific region is likely to direct through the estimate period. China, India, Thailand, Indonesia and other developing country are considering a rising demand for medium and heavy-duty trucks.
Some of the key players profiled in the Medium and heavy-duty truck steering system Market include Hyundai Mobis, JTEKT, NSK, Showa, Thyssenkrupp, Bosch Steering Systems, Knorr Bremse (Bendix)/Tedrive Steering, RH Sheppard, ZF TRW, Nexteer Automotive, Mando, and WABCO.
Products Covered:
• Electric Power Steering
• Electro-Hydraulic Power Steering
• Hydraulic Power Steering
Applications Covered:
• Medium-Duty Truck
• Heavy-Duty Truck
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Medium and Heavy-Duty Truck Steering System Market, By Product
5.1 Introduction
5.2 Electric Power Steering
5.3 Electro-Hydraulic Power Steering
5.4 Hydraulic Power Steering
6 Global Medium and Heavy-Duty Truck Steering System Market, By Application
6.1 Introduction
6.2 Medium-Duty Truck
6.3 Heavy-Duty Truck
7 Global Medium and Heavy-Duty Truck Steering System Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Hyundai Mobis
9.2 JTEKT
9.3 NSK
9.4 Showa
9.5 Thyssenkrupp
9.6 Bosch Steering Systems
9.7 Knorr Bremse (Bendix)/Tedrive Steering
9.8 RH Sheppard
9.9 ZF TRW
9.10 Nexteer Automotive
9.11 Mando
9.12 WABCO
List of Tables
1 Global Medium and Heavy-Duty Truck Steering System Market Outlook, By Region (2016-2026) (US $MN)
2 Global Medium and Heavy-Duty Truck Steering System Market Outlook, By Product (2016-2026) (US $MN)
3 Global Medium and Heavy-Duty Truck Steering System Market Outlook, By Electric Power Steering (2016-2026) (US $MN)
4 Global Medium and Heavy-Duty Truck Steering System Market Outlook, By Electro-Hydraulic Power Steering (2016-2026) (US $MN)
5 Global Medium and Heavy-Duty Truck Steering System Market Outlook, By Hydraulic Power Steering (2016-2026) (US $MN)
6 Global Medium and Heavy-Duty Truck Steering System Market Outlook, By Application (2016-2026) (US $MN)
7 Global Medium and Heavy-Duty Truck Steering System Market Outlook, By Medium-Duty Truck (2016-2026) (US $MN)
8 Global Medium and Heavy-Duty Truck Steering System Market Outlook, By Heavy-Duty Truck (2016-2026) (US $MN)
9 North America Medium and Heavy-Duty Truck Steering System Market Outlook, By Region (2016-2026) (US $MN)
10 North America Medium and Heavy-Duty Truck Steering System Market Outlook, By Product (2016-2026) (US $MN)
11 North America Medium and Heavy-Duty Truck Steering System Market Outlook, By Electric Power Steering (2016-2026) (US $MN)
12 North America Medium and Heavy-Duty Truck Steering System Market Outlook, By Electro-Hydraulic Power Steering (2016-2026) (US $MN)
13 North America Medium and Heavy-Duty Truck Steering System Market Outlook, By Hydraulic Power Steering (2016-2026) (US $MN)
14 North America Medium and Heavy-Duty Truck Steering System Market Outlook, By Application (2016-2026) (US $MN)
15 North America Medium and Heavy-Duty Truck Steering System Market Outlook, By Medium-Duty Truck (2016-2026) (US $MN)
16 North America Medium and Heavy-Duty Truck Steering System Market Outlook, By Heavy-Duty Truck (2016-2026) (US $MN)
17 Europe Medium and Heavy-Duty Truck Steering System Market Outlook, By Region (2016-2026) (US $MN)
18 Europe Medium and Heavy-Duty Truck Steering System Market Outlook, By Product (2016-2026) (US $MN)
19 Europe Medium and Heavy-Duty Truck Steering System Market Outlook, By Electric Power Steering (2016-2026) (US $MN)
20 Europe Medium and Heavy-Duty Truck Steering System Market Outlook, By Electro-Hydraulic Power Steering (2016-2026) (US $MN)
21 Europe Medium and Heavy-Duty Truck Steering System Market Outlook, By Hydraulic Power Steering (2016-2026) (US $MN)
22 Europe Medium and Heavy-Duty Truck Steering System Market Outlook, By Application (2016-2026) (US $MN)
23 Europe Medium and Heavy-Duty Truck Steering System Market Outlook, By Medium-Duty Truck (2016-2026) (US $MN)
24 Europe Medium and Heavy-Duty Truck Steering System Market Outlook, By Heavy-Duty Truck (2016-2026) (US $MN)
25 Asia Pacific Medium and Heavy-Duty Truck Steering System Market Outlook, By Region (2016-2026) (US $MN)
26 Asia Pacific Medium and Heavy-Duty Truck Steering System Market Outlook, By Product (2016-2026) (US $MN)
27 Asia Pacific Medium and Heavy-Duty Truck Steering System Market Outlook, By Electric Power Steering (2016-2026) (US $MN)
28 Asia Pacific Medium and Heavy-Duty Truck Steering System Market Outlook, By Electro-Hydraulic Power Steering (2016-2026) (US $MN)
29 Asia Pacific Medium and Heavy-Duty Truck Steering System Market Outlook, By Hydraulic Power Steering (2016-2026) (US $MN)
30 Asia Pacific Medium and Heavy-Duty Truck Steering System Market Outlook, By Application (2016-2026) (US $MN)
31 Asia Pacific Medium and Heavy-Duty Truck Steering System Market Outlook, By Medium-Duty Truck (2016-2026) (US $MN)
32 Asia Pacific Medium and Heavy-Duty Truck Steering System Market Outlook, By Heavy-Duty Truck (2016-2026) (US $MN)
33 South America Medium and Heavy-Duty Truck Steering System Market Outlook, By Region (2016-2026) (US $MN)
34 South America Medium and Heavy-Duty Truck Steering System Market Outlook, By Product (2016-2026) (US $MN)
35 South America Medium and Heavy-Duty Truck Steering System Market Outlook, By Electric Power Steering (2016-2026) (US $MN)
36 South America Medium and Heavy-Duty Truck Steering System Market Outlook, By Electro-Hydraulic Power Steering (2016-2026) (US $MN)
37 South America Medium and Heavy-Duty Truck Steering System Market Outlook, By Hydraulic Power Steering (2016-2026) (US $MN)
38 South America Medium and Heavy-Duty Truck Steering System Market Outlook, By Application (2016-2026) (US $MN)
39 South America Medium and Heavy-Duty Truck Steering System Market Outlook, By Medium-Duty Truck (2016-2026) (US $MN)
40 South America Medium and Heavy-Duty Truck Steering System Market Outlook, By Heavy-Duty Truck (2016-2026) (US $MN)
41 Middle East & Africa Medium and Heavy-Duty Truck Steering System Market Outlook, By Region (2016-2026) (US $MN)
42 Middle East & Africa Medium and Heavy-Duty Truck Steering System Market Outlook, By Product (2016-2026) (US $MN)
43 Middle East & Africa Medium and Heavy-Duty Truck Steering System Market Outlook, By Electric Power Steering (2016-2026) (US $MN)
44 Middle East & Africa Medium and Heavy-Duty Truck Steering System Market Outlook, By Electro-Hydraulic Power Steering (2016-2026) (US $MN)
45 Middle East & Africa Medium and Heavy-Duty Truck Steering System Market Outlook, By Hydraulic Power Steering (2016-2026) (US $MN)
46 Middle East & Africa Medium and Heavy-Duty Truck Steering System Market Outlook, By Application (2016-2026) (US $MN)
47 Middle East & Africa Medium and Heavy-Duty Truck Steering System Market Outlook, By Medium-Duty Truck (2016-2026) (US $MN)
48 Middle East & Africa Medium and Heavy-Duty Truck Steering System Market Outlook, By Heavy-Duty Truck (2016-2026) (US $MN)
Cross-segment Market Size and Analysis for
Mentioned Segments
