Selected research
Market Structure
Global Truck & Bus Power Steering System Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Truck & Bus Power Steering System market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Truck & Bus Power Steering System is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Truck & Bus Power Steering System is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Truck & Bus Power Steering System is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Truck & Bus Power Steering System is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Truck & Bus Power Steering System include JTEKT, NSK, Hyundai Mobis, ZF, Bosch, Thyssenkrupp, Nexteer, Knorr-Bremse and HL Mando, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Truck & Bus Power Steering System output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Truck & Bus Power Steering System by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Truck & Bus Power Steering System market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Truck & Bus Power Steering System and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Truck & Bus Power Steering System sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Truck & Bus Power Steering System market size, projected growth trends, production technologies, key applications, and end-use industries.
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: Provides an overview of the Truck & Bus Power Steering System market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Truck & Bus Power Steering System industry.
Chapter 3: Detailed analysis of Truck & Bus Power Steering System market competition landscape. Including Truck & Bus Power Steering System manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Truck & Bus Power Steering System by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Truck & Bus Power Steering System in 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, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 Global Market Growth Prospects
- 1.2.1 Global Truck & Bus Power Steering System Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Truck & Bus Power Steering System Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Truck & Bus Power Steering System Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Truck & Bus Power Steering System Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global 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 Truck & Bus Power Steering System Market by Manufacturers
- 3.1 Global Truck & Bus Power Steering System Production Value by Manufacturers (2021-2026)
- 3.2 Global Truck & Bus Power Steering System Production by Manufacturers (2021-2026)
- 3.3 Global Truck & Bus Power Steering System Average Price by Manufacturers (2021-2026)
- 3.4 Global Truck & Bus Power Steering System Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Truck & Bus Power Steering System Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Truck & Bus Power Steering System Manufacturers, Product Type & Application
- 3.7 Global Truck & Bus Power Steering System Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Truck & Bus Power Steering System Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Truck & Bus Power Steering System Players Market Share by Production Value in 2025
- 3.8.3 2025 Truck & Bus Power Steering System Tier 1, Tier 2, and Tier 3
4 Truck & Bus Power Steering System Market by Type
- 4.1 Truck & Bus Power Steering System Type Introduction
- 4.1.1 Electric Power Steering (EPS)
- 4.1.2 Hydraulic Power Steering (HPS)
- 4.2 Global Truck & Bus Power Steering System Production by Type
- 4.2.1 Global Truck & Bus Power Steering System Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Truck & Bus Power Steering System Production by Type (2021-2032)
- 4.2.3 Global Truck & Bus Power Steering System Production Market Share by Type (2021-2032)
- 4.3 Global Truck & Bus Power Steering System Production Value by Type
- 4.3.1 Global Truck & Bus Power Steering System Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Truck & Bus Power Steering System Production Value by Type (2021-2032)
- 4.3.3 Global Truck & Bus Power Steering System Production Value Market Share by Type (2021-2032)
5 Truck & Bus Power Steering System Market by Application
- 5.1 Truck & Bus Power Steering System Application Introduction
- 5.1.1 Truck
- 5.1.2 Bus
- 5.2 Global Truck & Bus Power Steering System Production by Application
- 5.2.1 Global Truck & Bus Power Steering System Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Truck & Bus Power Steering System Production by Application (2021-2032)
- 5.2.3 Global Truck & Bus Power Steering System Production Market Share by Application (2021-2032)
- 5.3 Global Truck & Bus Power Steering System Production Value by Application
- 5.3.1 Global Truck & Bus Power Steering System Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Truck & Bus Power Steering System Production Value by Application (2021-2032)
- 5.3.3 Global Truck & Bus Power Steering System Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 JTEKT
- 6.1.1 JTEKT Company Information
- 6.1.2 JTEKT Business Overview
- 6.1.3 JTEKT Truck & Bus Power Steering System Production, Value and Gross Margin (2021-2026)
- 6.1.4 JTEKT Truck & Bus Power Steering System Product Portfolio
- 6.1.5 JTEKT Recent Developments
- 6.2 NSK
- 6.2.1 NSK Company Information
- 6.2.2 NSK Business Overview
- 6.2.3 NSK Truck & Bus Power Steering System Production, Value and Gross Margin (2021-2026)
- 6.2.4 NSK Truck & Bus Power Steering System Product Portfolio
- 6.2.5 NSK Recent Developments
- 6.3 Hyundai Mobis
- 6.3.1 Hyundai Mobis Company Information
- 6.3.2 Hyundai Mobis Business Overview
- 6.3.3 Hyundai Mobis Truck & Bus Power Steering System Production, Value and Gross Margin (2021-2026)
- 6.3.4 Hyundai Mobis Truck & Bus Power Steering System Product Portfolio
- 6.3.5 Hyundai Mobis Recent Developments
- 6.4 ZF
- 6.4.1 ZF Company Information
- 6.4.2 ZF Business Overview
- 6.4.3 ZF Truck & Bus Power Steering System Production, Value and Gross Margin (2021-2026)
- 6.4.4 ZF Truck & Bus Power Steering System Product Portfolio
- 6.4.5 ZF Recent Developments
- 6.5 Bosch
- 6.5.1 Bosch Company Information
- 6.5.2 Bosch Business Overview
- 6.5.3 Bosch Truck & Bus Power Steering System Production, Value and Gross Margin (2021-2026)
- 6.5.4 Bosch Truck & Bus Power Steering System Product Portfolio
- 6.5.5 Bosch Recent Developments
- 6.6 Thyssenkrupp
- 6.6.1 Thyssenkrupp Company Information
- 6.6.2 Thyssenkrupp Business Overview
- 6.6.3 Thyssenkrupp Truck & Bus Power Steering System Production, Value and Gross Margin (2021-2026)
- 6.6.4 Thyssenkrupp Truck & Bus Power Steering System Product Portfolio
- 6.6.5 Thyssenkrupp Recent Developments
- 6.7 Nexteer
- 6.7.1 Nexteer Company Information
- 6.7.2 Nexteer Business Overview
- 6.7.3 Nexteer Truck & Bus Power Steering System Production, Value and Gross Margin (2021-2026)
- 6.7.4 Nexteer Truck & Bus Power Steering System Product Portfolio
- 6.7.5 Nexteer Recent Developments
- 6.8 Knorr-Bremse
- 6.8.1 Knorr-Bremse Company Information
- 6.8.2 Knorr-Bremse Business Overview
- 6.8.3 Knorr-Bremse Truck & Bus Power Steering System Production, Value and Gross Margin (2021-2026)
- 6.8.4 Knorr-Bremse Truck & Bus Power Steering System Product Portfolio
- 6.8.5 Knorr-Bremse Recent Developments
- 6.9 HL Mando
- 6.9.1 HL Mando Company Information
- 6.9.2 HL Mando Business Overview
- 6.9.3 HL Mando Truck & Bus Power Steering System Production, Value and Gross Margin (2021-2026)
- 6.9.4 HL Mando Truck & Bus Power Steering System Product Portfolio
- 6.9.5 HL Mando Recent Developments
7 Global Truck & Bus Power Steering System Production by Region
- 7.1 Global Truck & Bus Power Steering System Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Truck & Bus Power Steering System Production by Region (2021-2032)
- 7.2.1 Global Truck & Bus Power Steering System Production by Region (2021-2026)
- 7.2.2 Global Truck & Bus Power Steering System Production Forecast by Region (2027-2032)
- 7.3 Global Truck & Bus Power Steering System Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Truck & Bus Power Steering System Production Value by Region (2021-2032)
- 7.4.1 Global Truck & Bus Power Steering System Production Value by Region (2021-2026)
- 7.4.2 Global Truck & Bus Power Steering System Production Value by Region (2027-2032)
- 7.5 Global Truck & Bus Power Steering System Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Truck & Bus Power Steering System Production Value (2021-2032)
- 7.6.2 Europe Truck & Bus Power Steering System Production Value (2021-2032)
- 7.6.3 Asia-Pacific Truck & Bus Power Steering System Production Value (2021-2032)
- 7.6.4 South America Truck & Bus Power Steering System Production Value (2021-2032)
- 7.6.5 Middle East & Africa Truck & Bus Power Steering System Production Value (2021-2032)
8 Global Truck & Bus Power Steering System Consumption by Region
- 8.1 Global Truck & Bus Power Steering System Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Truck & Bus Power Steering System Consumption by Region (2021-2032)
- 8.2.1 Global Truck & Bus Power Steering System Consumption by Region (2021-2026)
- 8.2.2 Global Truck & Bus Power Steering System Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Truck & Bus Power Steering System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Truck & Bus Power Steering System Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Truck & Bus Power Steering System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Truck & Bus Power Steering System Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Truck & Bus Power Steering System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Truck & Bus Power Steering System Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Truck & Bus Power Steering System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Truck & Bus Power Steering System Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Truck & Bus Power Steering System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Truck & Bus Power Steering System Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Truck & Bus Power Steering System Value Chain Analysis
- 9.1.1 Truck & Bus Power Steering System Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Truck & Bus Power Steering System Production Mode & Process
- 9.2 Truck & Bus Power Steering System Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Truck & Bus Power Steering System Distributors
- 9.2.3 Truck & Bus Power Steering System Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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