Global Medium & Heavy-duty Truck Steering System Market (2019-2023): Leading Players are Bosch, Knorr-Bremse, Nexteer Automotive, WABCO, and ZF Friedrichshafen - ResearchAndMarkets.com
The "Global Medium and Heavy-duty Truck Steering System Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The medium and heavy-duty truck steering system market will register a CAGR of almost 2% during the forecast period.
The latest trend gaining momentum in the market is the technological advancement will encourage other truck manufactures to invest in such technologies and increase demand for automated steering systems to positively impact the market.
According to the report, one of the major drivers for this market is the increasing need for enhanced safety, performance, and driver comfort in heavy-duty trucks.
Further, the report states that one of the major factors hindering the growth of this market is the rise in manufacturing cost, which are being partially pushed to end-users. Sales of high-priced new trucks are slowing down due to this to affect the medium and heavy-duty truck steering system market adversely.
Key Players
- Bosch
- Knorr-Bremse
- Nexteer Automotive
- WABCO
- ZF Friedrichshafen
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Heavy-duty truck - Market size and forecast 2018-2023
- Medium-duty truck - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Hydraulic power steering - Market size and forecast 2018-2023
- Electro-hydraulic power steering - Market size and forecast 2018-2023
- Electric power steering - Market size and forecast 2018-2023
- Market opportunity by type
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Bosch
- Knorr-Bremse
- Nexteer Automotive
- WABCO
- ZF Friedrichshafen
For more information about this report visit https://www.researchandmarkets.com/research/qs8nh7/global_medium_and?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190311005342/en/