Commercial Vehicle (CV) Active Power Steering Market Report 2026

Commercial Vehicle (CV) Active Power Steering Market Overview

• Commercial Vehicle (CV) Active Power Steering market size has reached to $5.71 billion in 2025 • Expected to grow to $8.71 billion in 2030 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 2025 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.

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 $8.71 billion in 2030 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing penetration of autonomous commercial vehicles, rising electrification of truck platforms, growing integration of advanced driver assistance systems, increasing demand for connected vehicle technologies, continuous innovation in steering control software. Major trends in the forecast period include increasing adoption of steer-by-wire systems, rising integration of sensor-based steering controls, growing demand for driver fatigue reduction technologies, expansion of active rear steering solutions, enhanced focus on steering precision and safety.

Tariff Impact On Commercial Vehicle (CV) Active Power Steering Market

Tariffs are significantly impacting the commercial vehicle active power steering market by increasing the cost of imported electronic control units, sensors, actuators, precision steering racks, and semiconductor components used in advanced steering systems. Heavy commercial vehicle manufacturers in North America and Europe are most affected due to reliance on imported electronics and precision parts, while Asia-Pacific suppliers face export pricing pressures. These tariffs are raising vehicle production costs and slowing system adoption in price-sensitive fleets. However, they are also encouraging localized component manufacturing, supplier diversification, and accelerated development of cost-optimized steering technologies.

Global Commercial Vehicle (CV) Active Power Steering Market Segmentation

1) By Type: Hydraulic Power Steering, Electric Power Steering, Electro-Hydraulic Power Steering 2) By Component: Steering Actuators, Electric Steering Motors, Power Steering Pumps, Steering Control Units (ECUs), Torque and Angle Sensors, Steering Columns with Electronic Assist 3) By Application: Light Commercial Vehicles (LCV), Medium Commercial Vehicles (MCV), Heavy Commercial Vehicles (HCV) 4) By End User: Original Equipment Manufacturer (OEM), Aftermarket Subsegments: 1) By Hydraulic Power Steering (HPS): Conventional Hydraulic Power Steering, Load-Sensing Hydraulic Steering, Electronically Assisted Hydraulic Steering 2) By Electric Power Steering (EPS): Column-Assisted Electric Power Steering (C-EPS), Pinion-Assisted Electric Power Steering (P-EPS), Rack-Assisted Electric Power Steering (R-EPS), Fully Electric Power Steering Systems 3) By Electro-Hydraulic Power Steering (EHPS): Integrated Electro-Hydraulic Steering Systems, Electronically Controlled Hydraulic Steering, Hybrid Electric-Hydraulic Steering Systems

What Is The Driver Of The Commercial Vehicle (CV) Active Power Steering Market?

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.

What Is The Driver Of The Commercial Vehicle (CV) Active Power Steering Market?

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.

Global Commercial Vehicle (CV) Active Power Steering Market Trends and Insights

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.

What Are Latest Mergers And Acquisitions In The Commercial Vehicle (CV) Active Power Steering Market?

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.

Regional Outlook

North America was the largest region in the commercial vehicle (CV) active power steering market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, 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, Taiwan, 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 Key Data and Analysis Are Included in the Commercial Vehicle (CV) Active Power Steering Market Report 2026?

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.