Light-duty Truck Steering System Market
By Steering System;
Manual and Power [Hydraulic Power Steering (HPS), Electric Power Steering (EPS) and Electro-hydraulic Power Steering (EHPS)]By Vehicle;
Pickup Trucks [Manual and Power (Hydraulic Power Steering (HPS), Electric Power Steering (EPS) and Electro-hydraulic Power Steering (EHPS))] and Vans [Manual and Power (Hydraulic Power Steering (HPS), Electric Power Steering (EPS) and Electro-hydraulic Power Steering (EHPS))]By Sales Channel;
OEM and AftermarketBy Technology;
Hydraulic Steering, Electrically Assisted Steering and Autonomous SteeringBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Light-duty Truck Steering System Market Overview
Light-duty Truck Steering System Market (USD Million)
Light-duty Truck Steering System Market was valued at USD 10528.99 million in the year 2024. The size of this market is expected to increase to USD 14815.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.
Light-duty Truck Steering System Market
*Market size in USD million
CAGR 5.0 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 5.0 % |
| Market Size (2024) | USD 10528.99 Million |
| Market Size (2031) | USD 14815.35 Million |
| Market Concentration | Medium |
| Report Pages | 338 |
Major Players
- ZF Friedrichshafen AG
- Robert Bosch GmbH
- JTEKT Corporation
- Nexteer Automotive Group Limited
- NSK Ltd.
- Thyssenkrupp AG
- Showa Corporation
- Mando Corporation
- Zhejiang Wanda Steering Gear Co., Ltd.
- TRW Automotive Holdings Corp.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Light-duty Truck Steering System Market
Fragmented - Highly competitive market without dominant players
The Light-duty Truck Steering System Market is evolving rapidly as demand grows for vehicles with enhanced safety, efficiency, and driving performance. Advanced steering solutions are now integrated into over 40% of light-duty trucks, improving maneuverability, reducing fatigue, and aligning with the industry’s shift toward smarter vehicle designs.
Rising Demand for Advanced Systems
The transition to electronic power steering (EPS) and hybrid models is accelerating, with nearly 35% of manufacturers replacing conventional systems. These technologies reduce energy usage, enhance steering precision, and support the development of lightweight and sustainable vehicles. Their adoption underscores the rising preference for eco-friendly solutions across the automotive sector.
Focus on Safety and Comfort
Enhanced safety systems are driving adoption, with nearly 45% of fleets utilizing steering technologies that combine lane-keeping support and collision avoidance. These advancements meet regulatory standards while delivering superior comfort and stability, making long-haul operations more efficient and reliable for drivers.
Future Growth Outlook
The Light-duty Truck Steering System Market shows strong growth potential, powered by automation and strategic R&D initiatives. Over 55% of manufacturers intend to expand investments in advanced steering solutions, paving the way for innovation-driven expansion and broader integration across upcoming light-duty truck designs.
Light-duty Truck Steering System Market Key Takeaways
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The light-duty truck steering system market is witnessing strong momentum driven by the adoption of advanced steering technologies that enhance vehicle stability and handling efficiency by over 45%.
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Increasing demand for electric power steering (EPS) systems is improving fuel efficiency and reducing mechanical complexity, supporting the shift toward lightweight vehicle design.
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Integration of electronic control units (ECUs) and sensors is boosting precision in steering performance, enabling real-time adaptability to road conditions and load variations.
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Manufacturers are investing in automated steering assistance and drive-by-wire innovations to align with the growing trend of semi-autonomous and connected vehicle platforms.
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Rising emphasis on driver comfort and safety has accelerated the deployment of adaptive and variable steering mechanisms in both commercial and personal transport fleets.
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Advancements in hydraulic-electric hybrid systems are reducing maintenance requirements while improving steering response and vehicle maneuverability under varying load capacities.
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Ongoing investments in smart mobility infrastructure and vehicle digitization are further strengthening market growth, paving the way for next-generation steering technologies.
Light-duty Truck Steering System Market Recent Developments
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In 2025, the Light-duty Truck Steering System Market was valued at USD 1.93 billion and is projected to reach USD 2.23 billion by 2029, driven by increasing demand for light-duty trucks in logistics, construction, and agriculture, and advancements in steering technologies like EPS and autonomous systems.
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In 2025, Asia-Pacific is expected to dominate the Light-duty Truck Steering System Market due to rapid urbanization, industrial growth, and a growing automotive industry, while North America is projected to be the fastest-growing region with rising adoption of EVs and advanced steering technologies.
Light-duty Truck Steering System Market Segment Analysis
In this report, the Light-duty Truck Steering System Market has been segmented by Steering System, Vehicle, Sales Channel, Technology and Geography.
Light-duty Truck Steering System Market, Segmentation by Steering System
The Steering System axis distinguishes between Manual solutions and Power architectures that elevate comfort, precision, and safety in light-duty platforms. OEMs balance cost, serviceability, and integration complexity with evolving needs for fuel-efficiency, ADAS compatibility, and electrification readiness. This segmentation shapes supplier strategies around component standardization, mechatronic integration, and aftersales support to capture lifecycle value across regional duty cycles and regulatory environments.
ManualManual steering remains relevant in price-sensitive trims and specific commercial use-cases where robustness, low maintenance, and predictable feedback are paramount. Fleet buyers often select manual systems for basic work applications, rural operations, or markets with limited access to specialized service tools. Despite the trend toward powered systems, manual configurations offer clear total-cost advantages, helping manufacturers cover a wider spectrum of buyer preferences and regulatory landscapes.
PowerPower steering dominates new model development as automakers prioritize driver comfort, maneuverability, and integration with electronic controls. Tier-1 suppliers differentiate via compact packaging, improved pump/motor efficiency, and software-enabled tuning for variable assist. As platforms converge, power architectures provide the backbone for advanced features, enabling better lane-keeping performance, reduced steering effort at low speeds, and scalable update paths for future autonomy-linked functions.
- Hydraulic Power Steering (HPS)
HPS is valued for its proven durability and consistent assist, especially in heavier trims and towing scenarios where high steering loads are common. Suppliers focus on pump efficiency, leak reduction, and thermal management to lower parasitic losses and extend fluid life. While electrification pressures are strong, HPS remains entrenched where existing manufacturing ecosystems and service familiarity keep lifecycle costs competitive.
- Electric Power Steering (EPS)
EPS enables software-defined steering, fine-grained assist mapping, and seamless links to ADAS and autonomous features. With no belt-driven pump, EPS improves efficiency and packaging flexibility, benefiting fuel economy and NVH performance. Vendors compete on sensor fusion, redundancy concepts, and functional safety while offering over-the-air calibration options to support continuous improvement and model-year refreshes.
- Electro-hydraulic Power Steering (EHPS)
EHPS blends hydraulic feel with electric pump efficiency, serving as a transitional technology for platforms not yet ready for full EPS migration. It reduces engine drag versus traditional pumps and facilitates start-stop and mild-hybrid strategies. For light-duty trucks needing stronger assist under load but seeking improved efficiency, EHPS offers a pragmatic bridge that leverages existing chassis interfaces and service networks.
Light-duty Truck Steering System Market, Segmentation by Vehicle
The Vehicle axis differentiates steering fitments for Pickup Trucks and Vans, reflecting duty cycles, body-on-frame vs. unibody designs, and cabin–cargo configurations. OEMs tune steering ratios, assist curves, and system durability to match payload, towing, and urban delivery needs. This segmentation guides platform engineering, parts commonization, and supplier collaboration to balance performance, cost, and serviceability across diverse light-duty applications.
Pickup Trucks
Pickup trucks demand steering systems that handle towing, off-road articulation, and variable tire sizes, while maintaining stability at highway speeds. Calibrations emphasize on-center feel and predictable assist ramps under load. OEMs increasingly pair advanced EPS/EHPS with drive-mode selectable maps to deliver both parking-lot agility and trail confidence without sacrificing durability in harsh environments.
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Manual
Manual configurations in pickups target low-cost work trims or markets prioritizing simplicity and field repairability. While less common in new launches, they serve niche needs where electronic components and specialized diagnostics are harder to maintain. The focus remains on rugged mechanical linkages and straightforward stewardship over long service lives.
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Power (Hydraulic Power Steering (HPS), Electric Power Steering (EPS) and Electro-hydraulic Power Steering (EHPS))
Powered options dominate pickups for improved maneuverability with trailers, larger wheel-tire packages, and integrated driver-assist features. HPS supports heavy-duty loads, EPS adds software tunability and ADAS alignment, and EHPS provides an efficiency-oriented bridge for transitional platforms. OEMs tailor selections by trim, engine, and intended usage to optimize total cost and driving experience.
Vans
Vans prioritize urban maneuverability, tight turning radii, and driver comfort over long hours, especially in logistics and last-mile delivery. Steering setups emphasize low-speed assist, compact packaging for crash structures, and compatibility with electrified powertrains. Fleet operators value systems that reduce fatigue and maintenance downtime while integrating with telematics and ADAS for safer, more efficient routes.
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Manual
Manual steering in vans fits budget-limited procurements or applications with predictable routes and lighter loading. The appeal lies in lower upfront costs and minimal training for service, supporting operations where electronic complexity is undesirable. Although less prevalent in new van platforms, it remains a strategic option in select regions and entry trims.
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Power (Hydraulic Power Steering (HPS), Electric Power Steering (EPS) and Electro-hydraulic Power Steering (EHPS))
Power solutions in vans target stop-go cycles, frequent curb interactions, and narrow streets, enhancing low-speed control and parking ease. EPS enables software features like crosswind compensation and lane support, while EHPS and HPS provide alternatives aligned to payload and cost structures. This flexibility lets OEMs match steering technology to diverse van body lengths, roof heights, and electrified derivatives.
Light-duty Truck Steering System Market, Segmentation by Sales Channel
The Sales Channel axis separates OEM fitment from Aftermarket demand, shaping product design, pricing, and distribution strategies. OEM programs prioritize platform integration, quality validation, and long-term supplier partnerships. Aftermarket dynamics emphasize replacement cycles, regional parts availability, and cost-effective upgrades for fleets, creating a lifecycle revenue stream beyond initial vehicle sale.
OEM
OEM channels focus on harmonizing steering hardware with chassis electronics, crash structures, and ADAS stacks. Tier-1s compete on system-level efficiency, functional safety, and scalable architectures that can serve multiple trims and model years. Close engineering collaboration and long qualification cycles anchor high switching costs and ensure consistent performance across global production footprints.
Aftermarket
Aftermarket channels address replacement, retrofit, and repair needs throughout the vehicle life. Distributors and service networks prioritize parts interoperability, training, and warranty support to minimize downtime for commercial users. Offerings span remanufactured racks, pumps, columns, and electronics, with growing interest in upgrade paths that improve assist feel or efficiency without full platform redesign.
Light-duty Truck Steering System Market, Segmentation by Technology
The Technology axis maps the evolution from Hydraulic Steering to Electrically Assisted Steering and ultimately to Autonomous Steering-ready systems. Automakers seek efficiency gains, software control, and redundancy to support higher ADAS levels. Suppliers differentiate via sensing, motor control algorithms, and cyber-secure architectures that enable staged capability growth across refresh cycles.
Hydraulic Steering
Hydraulic steering remains a mainstay where high assist forces and established service ecosystems prevail. Optimization focuses on low-loss pumps, materials durability, and fluid thermal stability to control lifetime costs. It provides a reliable baseline for work-focused variants and regions where hydraulic expertise and parts availability are widespread.
Electrically Assisted Steering
Electrically assisted steering introduces precise motor-driven assist, enabling calibration flexibility, energy savings, and smoother integration with ADAS. Its software-centric approach allows rapid updates and feature expansion, supporting diverse trims from urban vans to off-road pickups. Adoption is propelled by electrification programs that benefit from decoupling assist from engine load.
Autonomous Steering
Autonomous steering capabilities emerge through redundant sensing, fail-operational control, and deep ties to perception stacks. For light-duty trucks, early deployments enhance lane-centering, parking automation, and low-speed maneuvering in depots. Roadmaps emphasize scalable electronics and secure software pipelines to meet evolving regulations while safeguarding steering authority under diverse duty cycles.
Light-duty Truck Steering System Market, Segmentation by Geography
In this report, the Light-duty Truck Steering System Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America features strong demand for power steering aligned with high towing expectations, larger wheel packages, and advanced ADAS adoption in both pickups and commercial vans. Platform updates emphasize EPS/EHPS migration for efficiency and feature growth. Robust aftermarket ecosystems support replacements and upgrades, making the region pivotal for technology rollouts and software-enabled steering enhancements.
Europe
Europe prioritizes efficiency, emissions compliance, and driver-assistance integration across compact vans and lifestyle pickups. OEMs leverage EPS architectures for fine calibration and safety feature harmonization with regulatory frameworks. Urban logistics and electrified derivatives drive demand for low-speed assist refinement and packaging solutions compatible with tighter crash structures and lightweight front ends.
Asia Pacific
Asia Pacific spans mature and emerging markets, with strong growth in urban delivery and expanding pickup ownership in lifestyle and commercial segments. Suppliers tailor mixes of HPS, EHPS, and EPS to regional cost targets and service networks. Localization of components and engineering centers supports competitive pricing, faster iterations, and increased resilience against supply-chain volatility.
Middle East & Africa
Middle East & Africa emphasizes durability, thermal robustness, and serviceability for trucks operating in challenging climates and mixed road conditions. HPS remains relevant where heavy loads and rugged usage dominate, while EPS/EHPS adoption follows newer platform introductions. Distributors focus on reliable parts availability and training to reduce downtime for commercial fleets.
Latin America
Latin America balances affordability with gradual technology upgrades as OEMs streamline platforms for regional production. Manual steering persists in entry trims, while power solutions expand with model refreshes and fleet modernization. Strengthening dealer networks and remanufacturing capabilities help optimize lifecycle costs and broaden access to advanced steering features in urban and rural applications.
Light-duty Truck Steering System Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Light-duty Truck Steering System Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Demand for Light-duty Trucks
- Technological Advancements
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Stringent Regulations Regarding Vehicle Safety : Stringent regulations concerning vehicle safety and emissions, implemented by governments globally, exert a significant influence on the light-duty truck steering system market. Compliance with these regulations is imperative for automakers to ensure their vehicles meet the required safety standards. As a result, there's a growing demand for advanced steering systems that not only enhance vehicle stability and maneuverability but also contribute to overall safety. Manufacturers are compelled to innovate and integrate technologies into steering systems that improve accident avoidance capabilities, such as advanced driver assistance systems (ADAS), lane-keeping assist, and adaptive steering, thereby driving market growth.
These regulations also drive the development and adoption of steering systems that contribute to emissions reduction and fuel efficiency. By optimizing steering components and systems, automakers can enhance vehicle performance while meeting stringent emissions standards. This dual focus on safety and emissions compliance fosters the advancement of steering system technologies, creating opportunities for market expansion and innovation within the light-duty truck segment.
Restraints
- High Initial Investment
- Market Saturation
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Regulatory Compliance : Compliance with stringent regulatory standards concerning safety, emissions, and vehicle performance presents a significant challenge for steering system manufacturers in the light-duty truck market. Meeting these regulations often requires substantial investments in research, development, and testing to ensure that steering systems not only meet but exceed the specified requirements. This can result in increased production costs and longer development cycles, as manufacturers strive to achieve compliance without compromising performance or affordability.
Regulations may undergo frequent updates or revisions, necessitating ongoing adjustments to steering system designs and manufacturing processes. This dynamic regulatory environment adds further complexity and uncertainty for manufacturers, who must remain vigilant to stay ahead of evolving compliance requirements. Consequently, regulatory compliance stands as a prominent restraint factor, shaping the strategic decisions and investments of steering system manufacturers in the global light-duty truck market.
Opportunities
- Rising Demand for Electric Power Steering (EPS)
- Integration of Advanced Technologies
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Demand for Autonomous Driving Features : The surge in interest surrounding autonomous driving features represents a pivotal opportunity for steering system manufacturers. With the rapid advancement of semi-autonomous and autonomous vehicle technology, there's a growing need for steering systems that can seamlessly integrate with these innovations. Manufacturers are tasked with developing robust and precise steering solutions that not only meet the stringent safety standards of autonomous driving but also enable vehicles to navigate with utmost reliability and accuracy. As autonomous vehicles become increasingly prevalent on roads worldwide, the demand for steering systems capable of facilitating safe and efficient autonomous driving functionalities continues to escalate.
In this evolving landscape, steering system manufacturers have a unique chance to position themselves at the forefront of automotive innovation. By focusing on the development of cutting-edge steering technologies tailored to the specific requirements of autonomous vehicles, manufacturers can establish themselves as key enablers of the autonomous driving revolution. Robust steering systems that offer precise control and responsiveness are poised to play a crucial role in shaping the future of transportation, driving advancements in safety, efficiency, and overall driving experience in the era of autonomous mobility.
Light-duty Truck Steering System Market Competitive Landscape Analysis
Light-duty Truck Steering System Market represents a convergence of innovation, strategies, collaboration and growth, where established players pursue partnerships and merger arrangements to strengthen their position, drive technological advancements and secure sustainable future outlook across competitive landscapes.
Market Structure and Concentration: The market exhibits high concentration with a few dominant players using focused strategies, pursuing collaboration and merger to reinforce market share, maintaining strong hold on steering technology innovations and enabling steady growth and future outlook across industry segments.
Brand and Channel Strategies: Leading brands deploy robust strategies through alliances and partnerships with OEMs, strengthening their distribution channels and facilitating penetration, while emphasizing innovation to differentiate in brand positioning and support long-term growth and future outlook.
Innovation Drivers and Technological Advancements: Continuous innovation fuels adoption of EPS, steer-by-wire and smart steering; players invest heavily in R&D, forming collaboration and partnerships to accelerate technological advancements and support industry growth and future outlook in steering systems.
Regional Momentum and Expansion: Regions such as Asia-Pacific and North America witness aggressive regional expansion supported by strategic partnerships, local collaborations and targeted strategies, enabling sustainable growth and laying the foundation for long-term future outlook in regional markets.
Future Outlook: The market’s future outlook is shaped by ongoing innovation, strategic mergers and collaborations, evolving technological advancements and sustained expansion strategies that collectively ensure continued growth and a robust future outlook for stakeholders.
Key players in Light-duty Truck Steering System Market include:
- Robert Bosch GmbH
- Daimler Truck AG
- ZF Friedrichshafen AG
- Thyssenkrupp AG
- Continental AG
- Magna International Inc.
- Valeo SA
- TRW Automotive Holdings Corp
- JTEKT Corporation
- Knorr-Bremse AG
- NSK Ltd.
- Mando Corporation
- MOOG Inc.
- Nippon Seiki Co Ltd.
- Nexteer Automotive Corporation
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Steering System Type
- Market Snapshot, By Vehicle Type
- Market Snapshot, By Technology
- Market Snapshot, By Sales Channel
- Market Snapshot, By Region
- Light-duty Truck Steering System Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Demand for Light-duty Trucks
- Technological Advancements
- Stringent Regulations Regarding Vehicle Safety
- Restraints
- High Initial Investment
- Market Saturation
- Regulatory Compliance
- Opportunities
- Rising Demand for Electric Power Steering (EPS)
- Integration of Advanced Technologies
- Demand for Autonomous Driving Features
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Light-duty Truck Steering System Market, By Steering System, 2021 - 2031 (USD Million)
- Key trends
- Manual
- Power
- Hydraulic power steering (HPS)
- Electric power steering (EPS)
- Electro-hydraulic power steering (EHPS)
- Light-duty Truck Steering System Market, By Vehicle, 2021 - 2031 (USD Million)
- Key trends
- Pickup Trucks
- Manual
- Power
- Hydraulic power steering (HPS)
- Electric power steering (EPS)
- Electro-hydraulic power steering (EHPS)
- Vans
- Manual
- Power
- Hydraulic power steering (HPS)
- Electric power steering (EPS)
- Electro-hydraulic power steering (EHPS)
- Light-duty Truck Steering System Market, By Sales Channel, 2021 - 2031 (USD Million)
- Key trends
- OEM
- Aftermarket
- Light-duty Truck Steering System Market, By Technology, 2021 - 2031 (USD Million)
- Key trends
- Hydraulic steering
- Electrically assisted steering
- Autonomous steering
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Light-duty Truck Steering System Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Light-duty Truck Steering System Market, By Steering System, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Robert Bosch GmbH
- Daimler Truck AG
- ZF Friedrichshafen AG
- Thyssenkrupp AG
- Continental AG
- Magna International Inc.
- Valeo SA
- TRW Automotive Holdings Corp
- JTEKT Corporation
- Knorr-Bremse AG
- NSK Ltd.
- Mando Corporation
- MOOG Inc.
- Nippon Seiki Co Ltd.
- Nexteer Automotive Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market

