Selected research
Market Analysis & Forecast
Global Truck & Bus Power Steering System Market Analysis and Forecast 2026-2032
Market perspective
The global Truck & Bus Power Steering System market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Truck & Bus Power Steering System's global sales reached XX (Units) with a value of US$ XX Million, marking an change of XX% compared to the previous year. This performance has positioned JTEKT as the global sales leader, a title it has maintained for several consecutive years. Notably, JTEKT's performance in primary markets is also remarkable. In the Chinese market, sales were XX (Units), a change of XX% from the previous year. In Europe, sales were XX (Units), showing a year-on-year of XX%. In the US, sales were XX (Units), a year-on-year change of XX%.
The major global manufacturers in the Truck & Bus Power Steering System market include JTEKT, NSK, Hyundai Mobis, ZF, Bosch, Thyssenkrupp, Nexteer, Knorr-Bremse and HL Mando, etc. In 2025, the top three vendors accounted for approximately % of the revenue.
Read the full market overview
In terms of production side, this report researches the Truck & Bus Power Steering System production, growth rate, market share by manufacturers and by region (region level and country level), from 2021 to 2026, and forecast to 2032.
In terms of consumption side, this report focuses on the sales of Truck & Bus Power Steering System by region (region level and country level), by Company, by Type and by Application. from 2021 to 2026 and forecast to 2032.
This report presents an overview of global market for Truck & Bus Power Steering System, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Truck & Bus Power Steering System, also provides the consumption of main regions and countries. Of the upcoming market potential for Truck & Bus Power Steering System, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Truck & Bus Power Steering System sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Truck & Bus Power Steering System market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Truck & Bus Power Steering System sales, projected growth trends, production technology, application and end-user industry.
Truck & Bus Power Steering System Segment by Company
JTEKT
NSK
Hyundai Mobis
ZF
Bosch
Thyssenkrupp
Nexteer
Knorr-Bremse
HL Mando
Truck & Bus Power Steering System Segment by Type
Electric Power Steering (EPS)
Hydraulic Power Steering (HPS)
Truck & Bus Power Steering System Segment by Application
Truck
Bus
Truck & Bus Power Steering System Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Truck & Bus Power Steering System market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Truck & Bus Power Steering System and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Truck & Bus Power Steering System.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Truck & Bus Power Steering System production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Truck & Bus Power Steering System in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Truck & Bus Power Steering System manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Truck & Bus Power Steering System sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Electric Power Steering (EPS)
- Hydraulic Power Steering (HPS)
Applications
- Truck
- Bus
Companies covered
- JTEKT
- NSK
- Hyundai Mobis
- ZF
- Bosch
- Thyssenkrupp
- Nexteer
- Knorr-Bremse
- HL Mando
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Truck & Bus Power Steering System Market by Type
- 1.2.1 Global Truck & Bus Power Steering System Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Electric Power Steering (EPS)
- 1.2.3 Hydraulic Power Steering (HPS)
- 1.3 Truck & Bus Power Steering System Market by Application
- 1.3.1 Global Truck & Bus Power Steering System Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Truck
- 1.3.3 Bus
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Truck & Bus Power Steering System Market Dynamics
- 2.1 Truck & Bus Power Steering System Industry Trends
- 2.2 Truck & Bus Power Steering System Industry Drivers
- 2.3 Truck & Bus Power Steering System Industry Opportunities and Challenges
- 2.4 Truck & Bus Power Steering System Industry Restraints
3 Global Truck & Bus Power Steering System Production Overview
- 3.1 Global Truck & Bus Power Steering System Production Capacity (2021-2032)
- 3.2 Global Truck & Bus Power Steering System Production by Region: 2021 VS 2025 VS 2032
- 3.3 Global Truck & Bus Power Steering System Production by Region
- 3.3.1 Global Truck & Bus Power Steering System Production by Region (2021-2026)
- 3.3.2 Global Truck & Bus Power Steering System Production by Region (2027-2032)
- 3.3.3 Global Truck & Bus Power Steering System Production Market Share by Region (2021-2032)
- 3.4 North America
- 3.5 Europe
- 3.6 China
- 3.7 Japan
- 3.8 South Korea
- 3.9 India
4 Global Market Growth Prospects
- 4.1 Global Truck & Bus Power Steering System Revenue Estimates and Forecasts (2021-2032)
- 4.2 Global Truck & Bus Power Steering System Revenue by Region
- 4.2.1 Global Truck & Bus Power Steering System Revenue by Region: 2021 VS 2025 VS 2032
- 4.2.2 Global Truck & Bus Power Steering System Revenue by Region (2021-2026)
- 4.2.3 Global Truck & Bus Power Steering System Revenue by Region (2027-2032)
- 4.2.4 Global Truck & Bus Power Steering System Revenue Market Share by Region (2021-2032)
- 4.3 Global Truck & Bus Power Steering System Sales Estimates and Forecasts 2021-2032
- 4.4 Global Truck & Bus Power Steering System Sales by Region
- 4.4.1 Global Truck & Bus Power Steering System Sales by Region: 2021 VS 2025 VS 2032
- 4.4.2 Global Truck & Bus Power Steering System Sales by Region (2021-2026)
- 4.4.3 Global Truck & Bus Power Steering System Sales by Region (2027-2032)
- 4.4.4 Global Truck & Bus Power Steering System Sales Market Share by Region (2021-2032)
- 4.5 North America
- 4.6 Europe
- 4.7 China
- 4.8 Asia (Excluding China)
- 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
- 5.1 Global Truck & Bus Power Steering System Revenue by Manufacturers
- 5.1.1 Global Truck & Bus Power Steering System Revenue by Manufacturers (2021-2026)
- 5.1.2 Global Truck & Bus Power Steering System Revenue Market Share by Manufacturers (2021-2026)
- 5.1.3 Global Truck & Bus Power Steering System Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 5.2 Global Truck & Bus Power Steering System Sales by Manufacturers
- 5.2.1 Global Truck & Bus Power Steering System Sales by Manufacturers (2021-2026)
- 5.2.2 Global Truck & Bus Power Steering System Sales Market Share by Manufacturers (2021-2026)
- 5.2.3 Global Truck & Bus Power Steering System Manufacturers Sales Share Top 10 and Top 5 in 2025
- 5.3 Global Truck & Bus Power Steering System Sales Price by Manufacturers (2021-2026)
- 5.4 Global Truck & Bus Power Steering System Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 5.5 Global Truck & Bus Power Steering System Key Manufacturers Manufacturing Sites & Headquarters
- 5.6 Global Truck & Bus Power Steering System Manufacturers, Product Type & Application
- 5.7 Global Truck & Bus Power Steering System Manufacturers Commercialization Time
- 5.8 Market Competitive Analysis
- 5.8.1 Global Truck & Bus Power Steering System Market CR5 and HHI
- 5.8.2 2025 Truck & Bus Power Steering System Tier 1, Tier 2, and Tier 3
6 Truck & Bus Power Steering System Market by Type
- 6.1 Global Truck & Bus Power Steering System Revenue by Type
- 6.1.1 Global Truck & Bus Power Steering System Revenue by Type (2021-2032) & (US$ Million)
- 6.1.2 Global Truck & Bus Power Steering System Revenue Market Share by Type (2021-2032)
- 6.2 Global Truck & Bus Power Steering System Sales by Type
- 6.2.1 Global Truck & Bus Power Steering System Sales by Type (2021-2032) & (Units)
- 6.2.2 Global Truck & Bus Power Steering System Sales Market Share by Type (2021-2032)
- 6.3 Global Truck & Bus Power Steering System Price by Type
7 Truck & Bus Power Steering System Market by Application
- 7.1 Global Truck & Bus Power Steering System Revenue by Application
- 7.1.1 Global Truck & Bus Power Steering System Revenue by Application (2021-2032) & (US$ Million)
- 7.1.2 Global Truck & Bus Power Steering System Revenue Market Share by Application (2021-2032)
- 7.2 Global Truck & Bus Power Steering System Sales by Application
- 7.2.1 Global Truck & Bus Power Steering System Sales by Application (2021-2032) & (Units)
- 7.2.2 Global Truck & Bus Power Steering System Sales Market Share by Application (2021-2032)
- 7.3 Global Truck & Bus Power Steering System Price by Application
8 Company Profiles
- 8.1 JTEKT
- 8.1.1 JTEKT Company Information
- 8.1.2 JTEKT Business Overview
- 8.1.3 JTEKT Truck & Bus Power Steering System Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.1.4 JTEKT Truck & Bus Power Steering System Product Portfolio
- 8.1.5 JTEKT Recent Developments
- 8.2 NSK
- 8.2.1 NSK Company Information
- 8.2.2 NSK Business Overview
- 8.2.3 NSK Truck & Bus Power Steering System Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.2.4 NSK Truck & Bus Power Steering System Product Portfolio
- 8.2.5 NSK Recent Developments
- 8.3 Hyundai Mobis
- 8.3.1 Hyundai Mobis Company Information
- 8.3.2 Hyundai Mobis Business Overview
- 8.3.3 Hyundai Mobis Truck & Bus Power Steering System Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.3.4 Hyundai Mobis Truck & Bus Power Steering System Product Portfolio
- 8.3.5 Hyundai Mobis Recent Developments
- 8.4 ZF
- 8.4.1 ZF Company Information
- 8.4.2 ZF Business Overview
- 8.4.3 ZF Truck & Bus Power Steering System Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.4.4 ZF Truck & Bus Power Steering System Product Portfolio
- 8.4.5 ZF Recent Developments
- 8.5 Bosch
- 8.5.1 Bosch Company Information
- 8.5.2 Bosch Business Overview
- 8.5.3 Bosch Truck & Bus Power Steering System Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.5.4 Bosch Truck & Bus Power Steering System Product Portfolio
- 8.5.5 Bosch Recent Developments
- 8.6 Thyssenkrupp
- 8.6.1 Thyssenkrupp Company Information
- 8.6.2 Thyssenkrupp Business Overview
- 8.6.3 Thyssenkrupp Truck & Bus Power Steering System Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.6.4 Thyssenkrupp Truck & Bus Power Steering System Product Portfolio
- 8.6.5 Thyssenkrupp Recent Developments
- 8.7 Nexteer
- 8.7.1 Nexteer Company Information
- 8.7.2 Nexteer Business Overview
- 8.7.3 Nexteer Truck & Bus Power Steering System Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.7.4 Nexteer Truck & Bus Power Steering System Product Portfolio
- 8.7.5 Nexteer Recent Developments
- 8.8 Knorr-Bremse
- 8.8.1 Knorr-Bremse Company Information
- 8.8.2 Knorr-Bremse Business Overview
- 8.8.3 Knorr-Bremse Truck & Bus Power Steering System Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.8.4 Knorr-Bremse Truck & Bus Power Steering System Product Portfolio
- 8.8.5 Knorr-Bremse Recent Developments
- 8.9 HL Mando
- 8.9.1 HL Mando Company Information
- 8.9.2 HL Mando Business Overview
- 8.9.3 HL Mando Truck & Bus Power Steering System Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.9.4 HL Mando Truck & Bus Power Steering System Product Portfolio
- 8.9.5 HL Mando Recent Developments
9 North America
- 9.1 North America Truck & Bus Power Steering System Market Size by Type
- 9.1.1 North America Truck & Bus Power Steering System Revenue by Type (2021-2032)
- 9.1.2 North America Truck & Bus Power Steering System Sales by Type (2021-2032)
- 9.1.3 North America Truck & Bus Power Steering System Price by Type (2021-2032)
- 9.2 North America Truck & Bus Power Steering System Market Size by Application
- 9.2.1 North America Truck & Bus Power Steering System Revenue by Application (2021-2032)
- 9.2.2 North America Truck & Bus Power Steering System Sales by Application (2021-2032)
- 9.2.3 North America Truck & Bus Power Steering System Price by Application (2021-2032)
- 9.3 North America Truck & Bus Power Steering System Market Size by Country
- 9.3.1 North America Truck & Bus Power Steering System Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 North America Truck & Bus Power Steering System Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 North America Truck & Bus Power Steering System Price by Country (2021-2032)
- 9.3.4 United States
- 9.3.5 Canada
- 9.3.6 Mexico
10 Europe
- 10.1 Europe Truck & Bus Power Steering System Market Size by Type
- 10.1.1 Europe Truck & Bus Power Steering System Revenue by Type (2021-2032)
- 10.1.2 Europe Truck & Bus Power Steering System Sales by Type (2021-2032)
- 10.1.3 Europe Truck & Bus Power Steering System Price by Type (2021-2032)
- 10.2 Europe Truck & Bus Power Steering System Market Size by Application
- 10.2.1 Europe Truck & Bus Power Steering System Revenue by Application (2021-2032)
- 10.2.2 Europe Truck & Bus Power Steering System Sales by Application (2021-2032)
- 10.2.3 Europe Truck & Bus Power Steering System Price by Application (2021-2032)
- 10.3 Europe Truck & Bus Power Steering System Market Size by Country
- 10.3.1 Europe Truck & Bus Power Steering System Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 10.3.2 Europe Truck & Bus Power Steering System Sales by Country (2021 VS 2025 VS 2032)
- 10.3.3 Europe Truck & Bus Power Steering System Price by Country (2021-2032)
- 10.3.4 Germany
- 10.3.5 France
- 10.3.6 U.K.
- 10.3.7 Italy
- 10.3.8 Russia
- 10.3.9 Spain
- 10.3.10 Netherlands
- 10.3.11 Switzerland
- 10.3.12 Sweden
11 China
- 11.1 China Truck & Bus Power Steering System Market Size by Type
- 11.1.1 China Truck & Bus Power Steering System Revenue by Type (2021-2032)
- 11.1.2 China Truck & Bus Power Steering System Sales by Type (2021-2032)
- 11.1.3 China Truck & Bus Power Steering System Price by Type (2021-2032)
- 11.2 China Truck & Bus Power Steering System Market Size by Application
- 11.2.1 China Truck & Bus Power Steering System Revenue by Application (2021-2032)
- 11.2.2 China Truck & Bus Power Steering System Sales by Application (2021-2032)
- 11.2.3 China Truck & Bus Power Steering System Price by Application (2021-2032)
12 Asia (Excluding China)
- 12.1 Asia Truck & Bus Power Steering System Market Size by Type
- 12.1.1 Asia Truck & Bus Power Steering System Revenue by Type (2021-2032)
- 12.1.2 Asia Truck & Bus Power Steering System Sales by Type (2021-2032)
- 12.1.3 Asia Truck & Bus Power Steering System Price by Type (2021-2032)
- 12.2 Asia Truck & Bus Power Steering System Market Size by Application
- 12.2.1 Asia Truck & Bus Power Steering System Revenue by Application (2021-2032)
- 12.2.2 Asia Truck & Bus Power Steering System Sales by Application (2021-2032)
- 12.2.3 Asia Truck & Bus Power Steering System Price by Application (2021-2032)
- 12.3 Asia Truck & Bus Power Steering System Market Size by Country
- 12.3.1 Asia Truck & Bus Power Steering System Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 Asia Truck & Bus Power Steering System Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 Asia Truck & Bus Power Steering System Price by Country (2021-2032)
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 India
- 12.3.7 Australia
- 12.3.8 Taiwan
- 12.3.9 Southeast Asia
13 South America, Middle East and Africa
- 13.1 SAMEA Truck & Bus Power Steering System Market Size by Type
- 13.1.1 SAMEA Truck & Bus Power Steering System Revenue by Type (2021-2032)
- 13.1.2 SAMEA Truck & Bus Power Steering System Sales by Type (2021-2032)
- 13.1.3 SAMEA Truck & Bus Power Steering System Price by Type (2021-2032)
- 13.2 SAMEA Truck & Bus Power Steering System Market Size by Application
- 13.2.1 SAMEA Truck & Bus Power Steering System Revenue by Application (2021-2032)
- 13.2.2 SAMEA Truck & Bus Power Steering System Sales by Application (2021-2032)
- 13.2.3 SAMEA Truck & Bus Power Steering System Price by Application (2021-2032)
- 13.3 SAMEA Truck & Bus Power Steering System Market Size by Country
- 13.3.1 SAMEA Truck & Bus Power Steering System Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 13.3.2 SAMEA Truck & Bus Power Steering System Sales by Country (2021 VS 2025 VS 2032)
- 13.3.3 SAMEA Truck & Bus Power Steering System Price by Country (2021-2032)
- 13.3.4 Brazil
- 13.3.5 Argentina
- 13.3.6 Chile
- 13.3.7 Colombia
- 13.3.8 Peru
- 13.3.9 Saudi Arabia
- 13.3.10 Israel
- 13.3.11 UAE
- 13.3.12 Turkey
- 13.3.13 Iran
- 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
- 14.1 Truck & Bus Power Steering System Value Chain Analysis
- 14.1.1 Truck & Bus Power Steering System Key Raw Materials
- 14.1.2 Raw Materials Key Suppliers
- 14.1.3 Manufacturing Cost Structure
- 14.1.4 Truck & Bus Power Steering System Production Mode & Process
- 14.2 Truck & Bus Power Steering System Sales Channels Analysis
- 14.2.1 Direct Comparison with Distribution Share
- 14.2.2 Truck & Bus Power Steering System Distributors
- 14.2.3 Truck & Bus Power Steering System Customers
15 Concluding Insights
16 Appendix
- 16.1 Reasons for Doing This Study
- 16.2 Research Methodology
- 16.3 Research Process
- 16.4 Authors List of This Report
- 16.5 Data Source
- 16.5.1 Secondary Sources
- 16.5.2 Primary Sources
- 16.6 Disclaimer
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