-- Commercial Vehicles (CV) Active Power Steering system reduces a driver’s driving efforts by providing additional steering module to assist in turning the vehicle, and eases the parking at low speed driving, especially for heavy commercial vehicles. In the present scenario, fuel efficient driving solutions, driver’s road safety and ease in driving with less efforts applied, are considered critically important in the automotive industry.
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Even developing countries in Asia are focusing strongly on these critical aspects and are expected to adopt active power steering significantly in the coming years. In the global active power steering market North America has come up as the major contributor in terms of revenues, due to its developed economy, strong infrastructure, and significantly growing construction and logistic industries. North America and APAC regions are also following Europe, and are estimated to contribute considerably in the total global market. Global Commercial Vehicles (CV) active power steering system market volume is expected to grow from 12,572 units in 2016 to 955,233 units by 2025 at a CAGR of 18.38% between 2017 and 2025.
Companies List :
Ognibene.
tedrive Steering Systems GmbH.
Bosch.
Knorr-Bremse.
BMW.
Volvo.
Daimler
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Table of Contents
List of Tables
List of Figures
1 Introduction
1.1 The Insight Partners Research Report Guidance
2 Key Takeaways
3 CV Active Power Steering Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 By Type
3.2.2 By Applications
3.3 PEST Analysis
3.3.1 North America – PEST Analysis
3.3.2 Europe – PEST Analysis
3.3.3 Asia Pacific (APAC) – PEST Analysis
3.3.4 Middle East and Africa (MEA) – PEST Analysis
3.3.5 South America (SAM) – PEST Analysis
4 CV Active Power Steering Market – Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Technological Trends
4.6 Impact Analysis of Drivers and Restraints
5 CV Active Power Steering Market – Global Market Analysis
5.1 CV Active Power Steering Global Market Overview
5.2 CV Active Power Steering Global Market Volume and Forecast Analysis (Units)
6 CV Active Power Steering Market Volume and Forecasts to 2025 – Type
6.1 Electric Power Steering (EPS)
6.1.1 Electric Power Steering (EPS) CV Active Power Steering Market Overview
6.1.2 Electric Power Steering (EPS) CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
6.2 Electro - Hydraulic Power Steering (EHPS)
6.2.1 Electro - Hydraulic Power Steering (EHPS) CV Active Power Steering Market Overview
6.2.2 Electro - Hydraulic Power Steering (EHPS) CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
7 CV Active Power Steering Market Volume and Forecasts to 2025 – Applications
7.1 Medium Commercial Vehicle
7.1.1 Medium Commercial Vehicle Market Overview
7.1.2 Medium Commercial Vehicle Market Volume and Forecasts to 2025 (Units)
7.2 Heavy Commercial Vehicle
7.2.1 Heavy Commercial Vehicle Market Overview
7.2.2 Heavy Commercial Vehicle Market Volume and Forecasts to 2025 (Units)
8 CV Active Power Steering Market Volume and Forecasts to 2025 – Geographical Analysis
8.1 North America
8.1.1 North America CV Active Power Steering Market overview
8.1.2 North America CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
8.1.2.1 North America CV Active Power Steering market forecast and analysis – By Countries
8.1.2.1.1 U.S market
8.1.2.1.2 Canada market
8.1.2.1.3 Mexico market
8.1.2.2 North America CV Active Power Steering market forecast and analysis – By Type
8.1.2.3 North America CV Active Power Steering market forecast and analysis – By Applications
8.2 Europe
8.2.1 Europe CV Active Power Steering Market overview
8.2.2 Europe CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
8.2.2.1 Europe CV Active Power Steering market forecast and analysis – By Countries
8.2.2.1.1 France market
8.2.2.1.2 Germany market
8.2.2.1.3 Italy market
8.2.2.1.4 Spain market
8.2.2.1.5 UK market
8.2.2.2 Europe CV Active Power Steering market forecast and analysis – By Type
8.2.2.3 Europe CV Active Power Steering market forecast and analysis – By Applications
Contact Info:
Name: Sameer Joshi
Email: Send Email
Organization: The Insight Partners
Website: http://www.theinsightpartners.com
Release ID: 243934
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