What are the major opportunities in the Commercial Vehicle CV Active Power Steering market? What are the strategies for the Commercial Vehicle CV Active Power Steering market?

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How does the Commercial Vehicle CV Active Power Steering market relate to the overall economy and other similar markets?

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What are the key dynamics influencing the Commercial Vehicle CV Active Power Steering market growth? SWOT analysis of the Commercial Vehicle CV Active Power Steering market.

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Global Commercial Vehicle (CV) Active Power Steering Market Report 2025

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Commercial Vehicle (CV) Active Power Steering Global Market Report 2025

Name: Commercial Vehicle (CV) Active Power Steering Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

By Type (Hydraulic Power Steering, Electric Power Steering, Electro-Hydraulic Power Steering), By Technology (Steer-by-Wire, Variable Gear Ratio, Active Rear Steering), By Equipment (Steering Racks, Steering Columns, Steering Wheels), By Application (Light Commercial Vehicles (LCV), Medium Commercial Vehicles (MCV), Heavy Commercial Vehicles (HCV)), By End User (Original Equipment Manufacturer (OEM), Aftermarket) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Commercial Vehicle (CV) Active Power Steering Market Overview

• Commercial Vehicle (CV) Active Power Steering market size has reached to $5.28 billion in 2024

• Expected to grow to $8 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%

• Growth Driver: Increasing Demand For Fuel-Efficient Vehicles Fueling The Growth Of The Market Due To Rising Fuel Costs And Environmental Concerns

• Market Trend: New Innovations In Steering Technology Improve Vehicle Handling And Safety

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Commercial Vehicle (CV) Active Power Steering Market?

Commercial vehicle (CV) active power steering is an advanced steering system designed for heavy-duty vehicles such as trucks and buses. It uses electronic controls, sensors, and actuators to adjust steering effort dynamically based on driving conditions. This enhances vehicle handling, reduces driver fatigue, and improves safety. Unlike traditional systems, it offers real-time adaptability and precision.

The main types of commercial vehicle (CV) active power steering are hydraulic power steering (HPS), electric power steering (EPS), and electro-hydraulic power steering (EHPS). Hydraulic power steering is a system that uses hydraulic fluid pressure generated by a pump to assist the driver in turning the vehicle’s wheels, thereby reducing steering effort. These systems use technologies such as steer-by-wire, variable gear ratio, and active rear steering, and the equipment includes steering racks, steering columns, and steering wheels. They are used in applications including light commercial vehicles (LCVs), medium commercial vehicles (MCVs), and heavy commercial vehicles (HCVs), catering to end users such as original equipment manufacturers (OEMs) and the aftermarket.

Commercial Vehicle (CV) Active Power Steering Market Size and growth rate 2025 to 2029: Graph

What Is The Commercial Vehicle (CV) Active Power Steering Market Size 2025 And Growth Rate?

The commercial vehicle (CV) active power steering market size has grown strongly in recent years. It will grow from $5.28 billion in 2024 to $5.71 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growth in commercial vehicle production, increasing demand for driver safety features, growth of the electric vehicle (EV), increasing focus on vehicle maneuverability, and improvements in automotive manufacturing.

What Is The Commercial Vehicle (CV) Active Power Steering Market Growth Forecast?

The commercial vehicle (CV) active power steering market size is expected to see strong growth in the next few years. It will grow to $8.0 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing demand for driver comfort, rising adoption of electric and hybrid commercial vehicles, stringent safety regulations, rising demand for fuel efficiency, and growing focus on vehicle automation. Major trends in the forecast period include integration with advanced driver-assistance systems, use of artificial intelligence for steering control, steer-by-wire technology adoption, development of lightweight steering components, real-time data analytics for performance optimization, and connectivity with telematics systems.

The forecast of 8.8% growth over the next five years reflects a modest reduction of 0.4% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply chain disruptions for electro-hydraulic control units and torque sensors, sourced from key regions such as Germany, Japan, and South Korea, which could lead to higher production costs and delayed assembly lines for truck manufacturers. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Machinery Industry?

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

How Is The Commercial Vehicle (CV) Active Power Steering Market Segmented?

1) By Type: Hydraulic Power Steering, Electric Power Steering, Electro-Hydraulic Power Steering

2) By Technology: Steer-by-Wire, Variable Gear Ratio, Active Rear Steering

3) By Equipment: Steering Racks, Steering Columns, Steering Wheels

4) By Application: Light Commercial Vehicles (LCV), Medium Commercial Vehicles (MCV), Heavy Commercial Vehicles (HCV)

5) By End User: Original Equipment Manufacturer (OEM), After market

Subsegments:

1) By Hydraulic Power Steering: Fully Hydraulic Power Steering, Hydraulic Steering Gear, Hydraulic Steering Pumps, Hydraulic Actuators

2) By Electric Power Steering: Column-Assisted Electric Power Steering (C-EPS), Rack-Assisted Electric Power Steering (R-EPS), Pinion-Assisted Electric Power Steering (P-EPS), Fully Electric Power Steering (F-EPS)

3) By Electro-Hydraulic Power Steering: Electric-Hydraulic Steering Gear, Electric-Hydraulic Steering Pumps, Electro-Hydraulic Actuators, Hybrid Electric Power Steering Systems

What Is Driving The Commercial Vehicle (CV) Active Power Steering Market? Increasing Demand For Fuel-Efficient Vehicles Fueling The Growth Of The Market Due To Rising Fuel Costs And Environmental Concerns

The increasing demand for fuel-efficient vehicles is expected to propel the growth of the commercial vehicle (CV) active power steering market going forward. Fuel-efficient vehicles refer to cars, trucks, or other transportation modes designed to use less fuel to travel the same distance compared to conventional vehicles. The rise in fuel-efficient vehicles is driven by increasing fuel costs and growing environmental concerns as consumers and governments seek to reduce emissions and lower overall transportation expenses. Commercial vehicle (CV) active power steering enhances fuel-efficient vehicles by offering improved steering precision and reduced energy consumption, making them more efficient and easier to maneuver. It supports smoother driving experiences, contributing to overall vehicle performance and fuel savings. For instance, in May 2024, according to the International Energy Agency, a France-based intergovernmental organization, electric car sales have been steadily increasing, reaching 14 million (18%) in 2023, up from 3 million (4%) in 2020. Therefore, the increasing demand for fuel-efficient vehicles is driving the growth of the commercial vehicle (CV) active power steering industry.

Who Are The Major Players In The Global Commercial Vehicle (CV) Active Power Steering Market?

Major companies operating in the commercial vehicle (CV) active power steering market are Robert Bosch GmbH, ZF Friedrichshafen AG, Thyssenkrupp AG, Continental AG, Hyundai Motor Company, Mitsubishi Electric Corporation, Schaeffler AG, Parker Hannifin Corporation, Infineon Technologies AG, JTEKT Corporation, Dana Inc., MAN Truck & Bus, NSK Ltd., Knorr-Bremse AG, Mando Corporation, Nexteer Automotive, Hitachi Astemo Ltd., Ognibene Power SpA, Delphi Technologies, Brogen EV Solution.

What Are The Key Trends Of The Global Commercial Vehicle (CV) Active Power Steering Market? New Innovations In Steering Technology Improve Vehicle Handling And Safety

Major companies operating in the commercial vehicle (CV) active power steering market are focusing on the adoption of advanced technologies such as electric power steering technology to enhance fuel efficiency, reduce emissions, improve steering precision, and support autonomous driving capabilities. Electric power steering (EPS) technology is a system that uses an electric motor, rather than hydraulic fluid, to assist the driver in steering the vehicle, improving efficiency and enabling integration with advanced driver assistance systems (ADAS). For instance, in April 2025, Nexteer Automotive, a US-based steering and driveline technology company, launched high-output column-assist electric power steering (HO CEPS). This system increases steering assist capacity up to 110 Nm, enabling its application in larger and heavier vehicles, including those that traditionally required more complex steering systems.

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What Are Latest Mergers And Acquisitions In The Commercial Vehicle (CV) Active Power Steering Market? Rane Group Partners With ZF To Innovate Electric Power Steering

In January 2025, Rane Group, an India-based industrial company, partnered with ZF Friedrichshafen AG to introduce technologies for rack drive electric power steering systems. This partnership aims to localize advanced electric power steering technology, enhance vehicle safety and comfort, and strengthen the supply of innovative steering solutions in the Indian market. ZF Friedrichshafen AG is a Germany-based company offering advanced active power steering systems for commercial vehicles.

What Is The Regional Outlook For The Global Commercial Vehicle (CV) Active Power Steering Market?

North America was the largest region in the commercial vehicle (CV) active power steering market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Commercial Vehicle (CV) Active Power Steering Market?

The commercial vehicle (CV) active power steering market consists of revenues earned by entities by providing services such as system integration, diagnostics and maintenance, retrofitting of active steering systems, software updates, and aftermarket support for enhanced steering performance and safety. The market value includes the value of related goods sold by the service provider or included within the service offering. The commercial vehicle (CV) active power steering market also includes sales of electronic control units (ECUs), steering actuators, torque sensors, steering columns, and integrated active steering modules. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Commercial Vehicle (CV) Active Power Steering Industry?

The commercial vehicle (cv) active power steering market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the commercial vehicle (cv) active power steering industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

1. Executive Summary

2. Commercial Vehicle (CV) Active Power Steering Market Characteristics

3. Commercial Vehicle (CV) Active Power Steering Market Trends And Strategies

4. Commercial Vehicle (CV) Active Power Steering Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Commercial Vehicle (CV) Active Power Steering Growth Analysis And Strategic Analysis Framework

5.1. Global Commercial Vehicle (CV) Active Power Steering PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Commercial Vehicle (CV) Active Power Steering Market Growth Rate Analysis

5.4. Global Commercial Vehicle (CV) Active Power Steering Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Commercial Vehicle (CV) Active Power Steering Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Commercial Vehicle (CV) Active Power Steering Total Addressable Market (TAM)

6. Commercial Vehicle (CV) Active Power Steering Market Segmentation

6.1. Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hydraulic Power Steering

Electric Power Steering

Electro-Hydraulic Power Steering

6.2. Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Steer-by-Wire

Variable Gear Ratio

Active Rear Steering

6.3. Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Steering Racks

Steering Columns

Steering Wheels

6.4. Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Light Commercial Vehicles (LCV)

Medium Commercial Vehicles (MCV)

Heavy Commercial Vehicles (HCV)

6.5. Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Original Equipment Manufacturer (OEM)

Aftermarket

6.6. Global Commercial Vehicle (CV) Active Power Steering Market, Sub-Segmentation Of Hydraulic Power Steering, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Fully Hydraulic Power Steering

Hydraulic Steering Gear

Hydraulic Steering Pumps

Hydraulic Actuators

6.7. Global Commercial Vehicle (CV) Active Power Steering Market, Sub-Segmentation Of Electric Power Steering (EPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Column-Assisted Electric Power Steering (C-EPS)

Rack-Assisted Electric Power Steering (R-EPS)

Pinion-Assisted Electric Power Steering (P-EPS)

Fully Electric Power Steering (F-EPS)

6.8. Global Commercial Vehicle (CV) Active Power Steering Market, Sub-Segmentation Of Electro-Hydraulic Power Steering (EHPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electric-Hydraulic Steering Gear

Electric-Hydraulic Steering Pumps

Electro-Hydraulic Actuators

Hybrid Electric Power Steering Systems

7. Commercial Vehicle (CV) Active Power Steering Market Regional And Country Analysis

7.1. Global Commercial Vehicle (CV) Active Power Steering Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Commercial Vehicle (CV) Active Power Steering Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Commercial Vehicle (CV) Active Power Steering Market

8.1. Asia-Pacific Commercial Vehicle (CV) Active Power Steering Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Commercial Vehicle (CV) Active Power Steering Market

9.1. China Commercial Vehicle (CV) Active Power Steering Market Overview

9.2. China Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Commercial Vehicle (CV) Active Power Steering Market

10.1. India Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Commercial Vehicle (CV) Active Power Steering Market

11.1. Japan Commercial Vehicle (CV) Active Power Steering Market Overview

11.2. Japan Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Commercial Vehicle (CV) Active Power Steering Market

12.1. Australia Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Commercial Vehicle (CV) Active Power Steering Market

13.1. Indonesia Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Commercial Vehicle (CV) Active Power Steering Market

14.1. South Korea Commercial Vehicle (CV) Active Power Steering Market Overview

14.2. South Korea Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Commercial Vehicle (CV) Active Power Steering Market

15.1. Western Europe Commercial Vehicle (CV) Active Power Steering Market Overview

15.2. Western Europe Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Commercial Vehicle (CV) Active Power Steering Market

16.1. UK Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Commercial Vehicle (CV) Active Power Steering Market

17.1. Germany Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Commercial Vehicle (CV) Active Power Steering Market

18.1. France Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Commercial Vehicle (CV) Active Power Steering Market

19.1. Italy Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Commercial Vehicle (CV) Active Power Steering Market

20.1. Spain Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Commercial Vehicle (CV) Active Power Steering Market

21.1. Eastern Europe Commercial Vehicle (CV) Active Power Steering Market Overview

21.2. Eastern Europe Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Commercial Vehicle (CV) Active Power Steering Market

22.1. Russia Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Commercial Vehicle (CV) Active Power Steering Market

23.1. North America Commercial Vehicle (CV) Active Power Steering Market Overview

23.2. North America Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Commercial Vehicle (CV) Active Power Steering Market

24.1. USA Commercial Vehicle (CV) Active Power Steering Market Overview

24.2. USA Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Commercial Vehicle (CV) Active Power Steering Market

25.1. Canada Commercial Vehicle (CV) Active Power Steering Market Overview

25.2. Canada Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Commercial Vehicle (CV) Active Power Steering Market

26.1. South America Commercial Vehicle (CV) Active Power Steering Market Overview

26.2. South America Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Commercial Vehicle (CV) Active Power Steering Market

27.1. Brazil Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Commercial Vehicle (CV) Active Power Steering Market

28.1. Middle East Commercial Vehicle (CV) Active Power Steering Market Overview

28.2. Middle East Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Commercial Vehicle (CV) Active Power Steering Market

29.1. Africa Commercial Vehicle (CV) Active Power Steering Market Overview

29.2. Africa Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Commercial Vehicle (CV) Active Power Steering Market Competitive Landscape And Company Profiles

30.1. Commercial Vehicle (CV) Active Power Steering Market Competitive Landscape

30.2. Commercial Vehicle (CV) Active Power Steering Market Company Profiles

30.2.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis

30.2.2. ZF Friedrichshafen AG Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Thyssenkrupp AG Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Continental AG Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Hyundai Motor Company Overview, Products and Services, Strategy and Financial Analysis

31. Commercial Vehicle (CV) Active Power Steering Market Other Major And Innovative Companies

31.1. Mitsubishi Electric Corporation

31.2. Schaeffler AG

31.3. Parker Hannifin Corporation

31.4. Infineon Technologies AG

31.5. JTEKT Corporation

31.6. Dana Inc.

31.7. MAN Truck & Bus

31.8. NSK Ltd.

31.9. Knorr-Bremse AG

31.10. Mando Corporation

31.11. Nexteer Automotive

31.12. Hitachi Astemo Ltd.

31.13. Ognibene Power SpA

31.14. Delphi Technologies

31.15. Brogen EV Solution

32. Global Commercial Vehicle (CV) Active Power Steering Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Commercial Vehicle (CV) Active Power Steering Market

34. Recent Developments In The Commercial Vehicle (CV) Active Power Steering Market

35. Commercial Vehicle (CV) Active Power Steering Market High Potential Countries, Segments and Strategies

35.1 Commercial Vehicle (CV) Active Power Steering Market In 2029 - Countries Offering Most New Opportunities

35.2 Commercial Vehicle (CV) Active Power Steering Market In 2029 - Segments Offering Most New Opportunities

35.3 Commercial Vehicle (CV) Active Power Steering Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Commercial Vehicle (CV) Active Power Steering Market, Sub-Segmentation Of Hydraulic Power Steering, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Commercial Vehicle (CV) Active Power Steering Market, Sub-Segmentation Of Electric Power Steering (EPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Commercial Vehicle (CV) Active Power Steering Market, Sub-Segmentation Of Electro-Hydraulic Power Steering (EHPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Commercial Vehicle (CV) Active Power Steering Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Commercial Vehicle (CV) Active Power Steering Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Robert Bosch GmbH Financial Performance

Table 80: ZF Friedrichshafen AG Financial Performance

Table 81: Thyssenkrupp AG Financial Performance

Table 82: Continental AG Financial Performance

Table 83: Hyundai Motor Company Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Commercial Vehicle (CV) Active Power Steering Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Commercial Vehicle (CV) Active Power Steering Market, Sub-Segmentation Of Hydraulic Power Steering, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Commercial Vehicle (CV) Active Power Steering Market, Sub-Segmentation Of Electric Power Steering (EPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Commercial Vehicle (CV) Active Power Steering Market, Sub-Segmentation Of Electro-Hydraulic Power Steering (EHPS), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Commercial Vehicle (CV) Active Power Steering Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Commercial Vehicle (CV) Active Power Steering Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Commercial Vehicle (CV) Active Power Steering Market, Segmentation By Equipment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Robert Bosch GmbH Financial Performance

Figure 80: ZF Friedrichshafen AG Financial Performance

Figure 81: Thyssenkrupp AG Financial Performance

Figure 82: Continental AG Financial Performance

Figure 83: Hyundai Motor Company Financial Performance

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Frequently Asked Questions

What is the definition of the Commercial Vehicle (CV) Active Power Steering market?

How will the Commercial Vehicle (CV) Active Power Steering market drivers and restraints affect the market dynamics? What forces will shape the Commercial Vehicle (CV) Active Power Steering industry going forward?

The market major growth driver - Increasing Demand For Fuel-Efficient Vehicles Fueling The Growth Of The Market Due To Rising Fuel Costs And Environmental Concerns. For further insights on this market, request a sample here

What is the forecast market size or the forecast market value of the Commercial Vehicle (CV) Active Power Steering market?

The commercial vehicle (cv) active power steering market size has grown strongly in recent years. It will grow from $5.28 billion in 2024 to $5.71 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growth in commercial vehicle production, increasing demand for driver safety features, growth of the electric vehicle (EV), increasing focus on vehicle maneuverability, and improvements in automotive manufacturing. The commercial vehicle (cv) active power steering market size is expected to see strong growth in the next few years. It will grow to $8 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing demand for driver comfort, rising adoption of electric and hybrid commercial vehicles, stringent safety regulations, rising demand for fuel efficiency, and growing focus on vehicle automation. Major trends in the forecast period include integration with advanced driver-assistance systems, use of artificial intelligence for steering control, steer-by-wire technology adoption, development of lightweight steering components, real-time data analytics for performance optimization, and connectivity with telematics systems. For further insights on this market, request a sample here

How is the Commercial Vehicle (CV) Active Power Steering market segmented?

The commercial vehicle (cv) active power steeringmarket covered in this report is segmented –
1) By Type: Hydraulic Power Steering, Electric Power Steering, Electro-Hydraulic Power Steering
2) By Technology: Steer-by-Wire, Variable Gear Ratio, Active Rear Steering
3) By Equipment: Steering Racks, Steering Columns, Steering Wheels
4) By Application: Light Commercial Vehicles (LCV), Medium Commercial Vehicles (MCV), Heavy Commercial Vehicles (HCV)
5) By End User: Original Equipment Manufacturer (OEM), Aftermarket Subsegments:
1) By Hydraulic Power Steering: Fully Hydraulic Power Steering, Hydraulic Steering Gear, Hydraulic Steering Pumps, Hydraulic Actuators
2) By Electric Power Steering: Column-Assisted Electric Power Steering (C-EPS), Rack-Assisted Electric Power Steering (R-EPS), Pinion-Assisted Electric Power Steering (P-EPS), Fully Electric Power Steering (F-EPS)
3) By Electro-Hydraulic Power Steering: Electric-Hydraulic Steering Gear, Electric-Hydraulic Steering Pumps, Electro-Hydraulic Actuators, Hybrid Electric Power Steering Systems For further insights on this market, request a sample here

Which region has the largest share of the Commercial Vehicle (CV) Active Power Steering market? What are the other regions covered in the report?

North America was the largest region in the commercial vehicle (CV) active power steering market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial vehicle (CV) active power steering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Who are the major players in the Commercial Vehicle (CV) Active Power Steering market?

What are the key trends in the Commercial Vehicle (CV) Active Power Steering market?

Major trends in this market include New Innovations In Steering Technology Improve Vehicle Handling And Safety. For further insights on this market, request a sample here.