Heavy-Duty Truck Steering System Market

By Component;

Steering Gear, Steering Column, Steering Wheel, Hydraulic Pump and Others

By Technology;

Hydraulic Power Steering, Electric Power Steering and Electro-Hydraulic Power Steering

By Vehicle Type;

Light-Duty Trucks, Medium-Duty Trucks and Heavy-Duty Trucks

By Sales Channel;

OEM and Aftermarket

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn098751673 Published Date: September, 2025 Updated Date: October, 2025

Heavy-duty Trucks Steering System Market Overview

Heavy-duty Trucks Steering System Market (USD Million)

Heavy-duty Trucks Steering System Market was valued at USD 5265.96 million in the year 2024. The size of this market is expected to increase to USD 6929.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.


Heavy-Duty Truck Steering System Market

*Market size in USD million

CAGR 4.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 5265.96 Million
Market Size (2031)USD 6929.64 Million
Market ConcentrationHigh
Report Pages348
5265.96
2024
6929.64
2031

Major Players

  • ZF Friedrichshafen AG
  • TRW Automotive Holdings Corp. (ZF TRW)
  • Thyssenkrupp AG
  • Nexteer Automotive
  • JTEKT Corporation
  • NSK Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Heavy-Duty Truck Steering System Market

Fragmented - Highly competitive market without dominant players



The Heavy-Duty Truck Steering System Market is growing steadily, driven by rising demand for safe, efficient, and high-performance steering solutions. Nearly 55% of heavy-duty trucks now feature advanced systems, reflecting the focus on driver comfort and operational reliability.

Adoption of Advanced Technologies
The market is shifting toward electro-hydraulic and smart steering systems, with about 40% of trucks already equipped. These innovations improve maneuverability, boost fuel efficiency, and reduce downtime, showcasing the trend toward technology-driven performance.

Emphasis on Safety and Reliability
More than 60% of fleet operators prioritize reliable steering in purchase decisions. Modern systems are designed with fail-safe features and high load endurance, ensuring stability in challenging conditions. The focus on road safety and driver protection strengthens market adoption.

Durability and Performance Standards
Around 50% of users highlight the importance of durable and long-lasting components. Manufacturers emphasize low maintenance, consistent accuracy, and enhanced steering precision, reducing wear while maintaining efficiency.

Growth Prospects
With nearly 45% of new innovations focusing on smart integration and sustainability, the Heavy-Duty Truck Steering System Market is set for continued growth. Ongoing investments and technological advancements will define the future of heavy-duty trucking.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Vehicle Type
    4. Market Snapshot, By Sales Channel
    5. Market Snapshot, By Region
  4. Heavy-Duty Truck Steering System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Focus on driver comfort
        2. Adoption of electric steering
        3. Regulations promoting vehicle efficiency
        4. Rising fleet size
        5. Demand for off-road trucks
      2. Restraints
        1. High initial investment
        2. Volatility in raw material prices
        3. Stringent safety regulations
        4. Maintenance and repair costs
        5. Limited aftermarket support
      3. Opportunities
        1. Adoption of advanced steering technologies
        2. Integration of electric power steering
        3. Growth in emerging markets
        4. Development of autonomous steering systems
        5. Focus on fuel efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Heavy-Duty Truck Steering System Market, By Component, 2021 - 2031 (USD Million)
      1. Steering Gear
      2. Steering Column
      3. Steering Wheel
      4. Hydraulic Pump
      5. Others
    2. Heavy-Duty Truck Steering System Market, By Technology, 2021 - 2031 (USD Million)
      1. Hydraulic Power Steering
      2. Electric Power Steering
      3. Electro-Hydraulic Power Steering
    3. Heavy-Duty Truck Steering System Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Light-Duty Trucks
      2. Medium-Duty Trucks
      3. Heavy-Duty Trucks
    4. Heavy-Duty Truck Steering System Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    5. Heavy-Duty Truck Steering System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ZF Friedrichshafen
      2. Bosch (Robert Bosch GmbH / Bosch Rexroth)
      3. Nexteer Automotive
      4. JTEKT Corporation
      5. Thyssenkrupp
      6. Hitachi Astemo
      7. Hyundai Mobis
      8. Mando Corporation
      9. Knorr-Bremse (Sheppard)
      10. Continental AG
      11. Magna International
      12. Denso Corporation
      13. Aisin Seiki
      14. Schaeffler AG
  7. Analyst Views
  8. Future Outlook of the Market