Heavy-duty Truck Steering System refers to a series of devices used to change or maintain the direction of the truck; its function is to control the direction according to the driver’s aim.
This report contains market size and forecasts of Heavy-duty Truck Steering System in global, including the following market information:
Global Heavy-duty Truck Steering System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Heavy-duty Truck Steering System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Heavy-duty Truck Steering System companies in 2021 (%)
The global Heavy-duty Truck Steering System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hydraulic Power Steering Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Heavy-duty Truck Steering System include Bosch, ZF, Nexteer, RH Sheppard (Knorr-Bremse), Hitachi (Knorr-Bremse), CAAS, JTEKT and Mando, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Heavy-duty Truck Steering System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Heavy-duty Truck Steering System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heavy-duty Truck Steering System Market Segment Percentages, by Type, 2021 (%)
Hydraulic Power Steering
Electric Power Steering
Electro-Hydraulic Power Steering
Global Heavy-duty Truck Steering System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heavy-duty Truck Steering System Market Segment Percentages, by Application, 2021 (%)
Class 7 Heavy-duty Truck
Class 8 Heavy-duty Truck
Global Heavy-duty Truck Steering System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heavy-duty Truck Steering System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Heavy-duty Truck Steering System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Heavy-duty Truck Steering System revenues share in global market, 2021 (%)
Key companies Heavy-duty Truck Steering System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Heavy-duty Truck Steering System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
ZF
Nexteer
RH Sheppard (Knorr-Bremse)
Hitachi (Knorr-Bremse)
CAAS
JTEKT
Mando