Medium & Heavy Commercial Vehicle Power Steering Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Mechanism (Electronic power steering (EPS), Hydraulic power steering (HPS) and Electro-Hydraulic Power Steering), By Component (Hydraulic Pump, Sensors, Electric Motor and other components), By Region & Competition, 2021-2031F
The Global Medium & Heavy Commercial Vehicle Power Steering Market will grow from USD 8.87 Billion in 2025 to USD 14.92 Billion by 2031 at a 9.05% CAGR. The Global Medium & Heavy Commercial Vehicle Power Steering Market encompasses hydraulic, electro-hydraulic, and electric assisting systems designed to reduce driver effort and ensure directional stability in large trucks and buses.
Key Market Drivers
The Expansion of Global Logistics and Freight Transportation Networks acts as a primary catalyst for the medium and heavy commercial vehicle power steering market. As international trade volumes rise, logistics providers are compelled to upgrade and expand their fleets to handle heavier payloads over longer distances, directly increasing the manufacturing demand for robust steering systems that ensure maneuverability and safety under high-load conditions.
Key Market Challenges
The cyclical nature of the commercial vehicle industry represents a significant restraint on the medium and heavy commercial vehicle power steering market. Economic fluctuations often dictate fleet renewal budgets, causing logistics operators to delay capital expenditures during periods of financial uncertainty. When economic conditions weaken, fleet owners frequently choose to extend the lifecycle of their current assets rather than purchasing new trucks and buses. This reduction in demand for new vehicles forces original equipment manufacturers to scale back production targets, which directly decreases the volume of orders for essential components such as hydraulic and electric power steering systems.
Key Market Trends
The Commercial Adoption of Steer-by-Wire Technology is fundamentally altering the Global Medium & Heavy Commercial Vehicle Power Steering Market by replacing traditional mechanical columns with digital command interfaces. This shift removes physical linkages between the steering wheel and road wheels, thereby enabling highly flexible cabin designs and reducing vibration transmission to the driver. The technology is rapidly gaining traction as a prerequisite for next-generation software-defined vehicles, particularly in the Asian and North American markets where digitalization is a priority.
Key Market Players
In this report, the Global Medium & Heavy Commercial Vehicle Power Steering Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Medium & Heavy Commercial Vehicle Power Steering Market.
Available Customizations:
Global Medium & Heavy Commercial Vehicle Power Steering Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Key Market Drivers
The Expansion of Global Logistics and Freight Transportation Networks acts as a primary catalyst for the medium and heavy commercial vehicle power steering market. As international trade volumes rise, logistics providers are compelled to upgrade and expand their fleets to handle heavier payloads over longer distances, directly increasing the manufacturing demand for robust steering systems that ensure maneuverability and safety under high-load conditions.
Key Market Challenges
The cyclical nature of the commercial vehicle industry represents a significant restraint on the medium and heavy commercial vehicle power steering market. Economic fluctuations often dictate fleet renewal budgets, causing logistics operators to delay capital expenditures during periods of financial uncertainty. When economic conditions weaken, fleet owners frequently choose to extend the lifecycle of their current assets rather than purchasing new trucks and buses. This reduction in demand for new vehicles forces original equipment manufacturers to scale back production targets, which directly decreases the volume of orders for essential components such as hydraulic and electric power steering systems.
Key Market Trends
The Commercial Adoption of Steer-by-Wire Technology is fundamentally altering the Global Medium & Heavy Commercial Vehicle Power Steering Market by replacing traditional mechanical columns with digital command interfaces. This shift removes physical linkages between the steering wheel and road wheels, thereby enabling highly flexible cabin designs and reducing vibration transmission to the driver. The technology is rapidly gaining traction as a prerequisite for next-generation software-defined vehicles, particularly in the Asian and North American markets where digitalization is a priority.
Key Market Players
- JTEKT corporation
- ZF Friedrichshafen AG
- Robert Bosch GmbH
- Nexteer Automotive Corporation
- NSK Ltd.
- Mitsubishi Electric Corporation
- HL Mando Corp.
- Hyundai Mobis
- Hitachi Astemo, Ltd.
- Thyssenkrupp AG
In this report, the Global Medium & Heavy Commercial Vehicle Power Steering Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Medium & Heavy Commercial Vehicle Power Steering Market, By Mechanism:
- Electronic power steering (EPS)
- Hydraulic power steering (HPS) and Electro-Hydraulic Power Steering
- Medium & Heavy Commercial Vehicle Power Steering Market, By Component:
- Hydraulic Pump
- Sensors
- Electric Motor and other components
- Medium & Heavy Commercial Vehicle Power Steering Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Company Profiles: Detailed analysis of the major companies present in the Global Medium & Heavy Commercial Vehicle Power Steering Market.
Available Customizations:
Global Medium & Heavy Commercial Vehicle Power Steering Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OVERVIEW
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. VOICE OF CUSTOMER
5. GLOBAL MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Mechanism (Electronic power steering (EPS), Hydraulic power steering (HPS) and Electro-Hydraulic Power Steering)
5.2.2. By Component (Hydraulic Pump, Sensors, Electric Motor and other components)
5.2.3. By Region
5.2.4. By Company (2025)
5.3. Market Map
6. NORTH AMERICA MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Mechanism
6.2.2. By Component
6.2.3. By Country
6.3. North America: Country Analysis
6.3.1. United States Medium & Heavy Commercial Vehicle Power Steering Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Mechanism
6.3.1.2.2. By Component
6.3.2. Canada Medium & Heavy Commercial Vehicle Power Steering Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Mechanism
6.3.2.2.2. By Component
6.3.3. Mexico Medium & Heavy Commercial Vehicle Power Steering Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Mechanism
6.3.3.2.2. By Component
7. EUROPE MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Mechanism
7.2.2. By Component
7.2.3. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Mechanism
7.3.1.2.2. By Component
7.3.2. France Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Mechanism
7.3.2.2.2. By Component
7.3.3. United Kingdom Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Mechanism
7.3.3.2.2. By Component
7.3.4. Italy Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Mechanism
7.3.4.2.2. By Component
7.3.5. Spain Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Mechanism
7.3.5.2.2. By Component
8. ASIA PACIFIC MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Mechanism
8.2.2. By Component
8.2.3. By Country
8.3. Asia Pacific: Country Analysis
8.3.1. China Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Mechanism
8.3.1.2.2. By Component
8.3.2. India Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Mechanism
8.3.2.2.2. By Component
8.3.3. Japan Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Mechanism
8.3.3.2.2. By Component
8.3.4. South Korea Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Mechanism
8.3.4.2.2. By Component
8.3.5. Australia Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Mechanism
8.3.5.2.2. By Component
9. MIDDLE EAST & AFRICA MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Mechanism
9.2.2. By Component
9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Medium & Heavy Commercial Vehicle Power Steering Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Mechanism
9.3.1.2.2. By Component
9.3.2. UAE Medium & Heavy Commercial Vehicle Power Steering Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Mechanism
9.3.2.2.2. By Component
9.3.3. South Africa Medium & Heavy Commercial Vehicle Power Steering Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Mechanism
9.3.3.2.2. By Component
10. SOUTH AMERICA MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Mechanism
10.2.2. By Component
10.2.3. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Medium & Heavy Commercial Vehicle Power Steering Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Mechanism
10.3.1.2.2. By Component
10.3.2. Colombia Medium & Heavy Commercial Vehicle Power Steering Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Mechanism
10.3.2.2.2. By Component
10.3.3. Argentina Medium & Heavy Commercial Vehicle Power Steering Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Mechanism
10.3.3.2.2. By Component
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. GLOBAL MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET: SWOT ANALYSIS
14. PORTER'S FIVE FORCES ANALYSIS
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. COMPETITIVE LANDSCAPE
15.1. JTEKT corporation
15.1.1. Business Overview
15.1.2. Products & Services
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. SWOT Analysis
15.2. ZF Friedrichshafen AG
15.3. Robert Bosch GmbH
15.4. Nexteer Automotive Corporation
15.5. NSK Ltd.
15.6. Mitsubishi Electric Corporation
15.7. HL Mando Corp.
15.8. Hyundai Mobis
15.9. Hitachi Astemo, Ltd.
15.10. Thyssenkrupp AG
16. STRATEGIC RECOMMENDATIONS
17. ABOUT US & DISCLAIMER
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. VOICE OF CUSTOMER
5. GLOBAL MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Mechanism (Electronic power steering (EPS), Hydraulic power steering (HPS) and Electro-Hydraulic Power Steering)
5.2.2. By Component (Hydraulic Pump, Sensors, Electric Motor and other components)
5.2.3. By Region
5.2.4. By Company (2025)
5.3. Market Map
6. NORTH AMERICA MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Mechanism
6.2.2. By Component
6.2.3. By Country
6.3. North America: Country Analysis
6.3.1. United States Medium & Heavy Commercial Vehicle Power Steering Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Mechanism
6.3.1.2.2. By Component
6.3.2. Canada Medium & Heavy Commercial Vehicle Power Steering Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Mechanism
6.3.2.2.2. By Component
6.3.3. Mexico Medium & Heavy Commercial Vehicle Power Steering Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Mechanism
6.3.3.2.2. By Component
7. EUROPE MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Mechanism
7.2.2. By Component
7.2.3. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Mechanism
7.3.1.2.2. By Component
7.3.2. France Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Mechanism
7.3.2.2.2. By Component
7.3.3. United Kingdom Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Mechanism
7.3.3.2.2. By Component
7.3.4. Italy Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Mechanism
7.3.4.2.2. By Component
7.3.5. Spain Medium & Heavy Commercial Vehicle Power Steering Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Mechanism
7.3.5.2.2. By Component
8. ASIA PACIFIC MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Mechanism
8.2.2. By Component
8.2.3. By Country
8.3. Asia Pacific: Country Analysis
8.3.1. China Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Mechanism
8.3.1.2.2. By Component
8.3.2. India Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Mechanism
8.3.2.2.2. By Component
8.3.3. Japan Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Mechanism
8.3.3.2.2. By Component
8.3.4. South Korea Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Mechanism
8.3.4.2.2. By Component
8.3.5. Australia Medium & Heavy Commercial Vehicle Power Steering Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Mechanism
8.3.5.2.2. By Component
9. MIDDLE EAST & AFRICA MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Mechanism
9.2.2. By Component
9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Medium & Heavy Commercial Vehicle Power Steering Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Mechanism
9.3.1.2.2. By Component
9.3.2. UAE Medium & Heavy Commercial Vehicle Power Steering Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Mechanism
9.3.2.2.2. By Component
9.3.3. South Africa Medium & Heavy Commercial Vehicle Power Steering Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Mechanism
9.3.3.2.2. By Component
10. SOUTH AMERICA MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Mechanism
10.2.2. By Component
10.2.3. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Medium & Heavy Commercial Vehicle Power Steering Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Mechanism
10.3.1.2.2. By Component
10.3.2. Colombia Medium & Heavy Commercial Vehicle Power Steering Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Mechanism
10.3.2.2.2. By Component
10.3.3. Argentina Medium & Heavy Commercial Vehicle Power Steering Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Mechanism
10.3.3.2.2. By Component
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. GLOBAL MEDIUM & HEAVY COMMERCIAL VEHICLE POWER STEERING MARKET: SWOT ANALYSIS
14. PORTER'S FIVE FORCES ANALYSIS
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. COMPETITIVE LANDSCAPE
15.1. JTEKT corporation
15.1.1. Business Overview
15.1.2. Products & Services
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. SWOT Analysis
15.2. ZF Friedrichshafen AG
15.3. Robert Bosch GmbH
15.4. Nexteer Automotive Corporation
15.5. NSK Ltd.
15.6. Mitsubishi Electric Corporation
15.7. HL Mando Corp.
15.8. Hyundai Mobis
15.9. Hitachi Astemo, Ltd.
15.10. Thyssenkrupp AG
16. STRATEGIC RECOMMENDATIONS
17. ABOUT US & DISCLAIMER
