LONDON–(BUSINESS WIRE)–The commercial vehicle steering system market is poised to grow by 0.65 mn units during 2020-2024, progressing at a CAGR of almost 1% during the forecast period.
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The report on the commercial vehicle steering system market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the electrification of automotive components.
The commercial vehicle steering system market analysis includes application segment and geography landscape. This study identifies the development of independent wheel steering systems as one of the prime reasons driving the commercial vehicle steering system market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The commercial vehicle steering system market covers the following areas:
Commercial Vehicle Steering System Market Sizing
Commercial Vehicle Steering System Market Forecast
Commercial Vehicle Steering System Market Analysis
Companies Mentioned
- Hyundai Mobis Co. Ltd.
- JTEKT Corp.
- Knorr-Bremse AG
- Mando Corp.
- Melrose Industries Plc
- Nexteer Automotive Corp.
- Robert Bosch GmbH
- Showa Corp.
- thyssenkrupp AG
- ZF Friedrichshafen AG
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- LCVs – Market size and forecast 2019-2024
- M and HCVs – Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Hyundai Mobis Co. Ltd.
- JTEKT Corp.
- Knorr-Bremse AG
- Mando Corp.
- Melrose Industries Plc
- Nexteer Automotive Corp.
- Robert Bosch GmbH
- Showa Corp.
- thyssenkrupp AG
- ZF Friedrichshafen AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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