Commercial Vehicle (CV) Active Power Steering Market to 2025 – Global Analysis and Forecasts by Type and Application
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. 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.
The report focuses on an in-depth segmentation of this market based by type and application. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America (SA). The regional market has been further bifurcated by respective countries. By application, heavy commercial vehicles segment account for the largest share of the Commercial Vehicles (CV) active power steering market in 2015; whereas, Europe and North America regions are expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global Commercial Vehicles (CV) active power steering market with detailed market segmentation. Also, it analyzes the current Commercial Vehicles (CV) active power steering market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide regional PEST analysis for the active power steering market, and SWOT analysis for all company profiled in the report.
Europe is one of the prominent regions in Commercial Vehicles (CV) active power steering market which holds the largest market share, due to technological developments and considerable implementation of Commercial Vehicles (CV) active power steering technology in different application segment. Rapidly growing logistics economies in Asia-Pacific (APAC) with significant growth in e-commerce will pave the path for increasing adoption and propel the market for Commercial Vehicles (CV) active power steering market. The region is expected to lead the market with highest CAGR during the forecast period. Some of the key players of Commercial Vehicles (CV) active power steering market include ZF Friedrichshafen AG, tedrive steering systems GmbH, BMW AG, Ognibene Power SPA, AB Volvo, and Daimler AG among others.
The report focuses on an in-depth segmentation of this market based by type and application. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America (SA). The regional market has been further bifurcated by respective countries. By application, heavy commercial vehicles segment account for the largest share of the Commercial Vehicles (CV) active power steering market in 2015; whereas, Europe and North America regions are expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global Commercial Vehicles (CV) active power steering market with detailed market segmentation. Also, it analyzes the current Commercial Vehicles (CV) active power steering market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide regional PEST analysis for the active power steering market, and SWOT analysis for all company profiled in the report.
Europe is one of the prominent regions in Commercial Vehicles (CV) active power steering market which holds the largest market share, due to technological developments and considerable implementation of Commercial Vehicles (CV) active power steering technology in different application segment. Rapidly growing logistics economies in Asia-Pacific (APAC) with significant growth in e-commerce will pave the path for increasing adoption and propel the market for Commercial Vehicles (CV) active power steering market. The region is expected to lead the market with highest CAGR during the forecast period. Some of the key players of Commercial Vehicles (CV) active power steering market include ZF Friedrichshafen AG, tedrive steering systems GmbH, BMW AG, Ognibene Power SPA, AB Volvo, and Daimler AG among others.
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
8.3 Asia pacific (APAC)
8.3.1 Asia Pacific CV Active Power Steering Market overview
8.3.2 Asia Pacific CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
8.3.2.1 Asia Pacific CV Active Power Steering market forecast and analysis – By Countries
8.3.2.1.1 Australia market
8.3.2.1.2 China market
8.3.2.1.3 India market
8.3.2.1.4 Japan market
8.3.2.2 Asia Pacific CV Active Power Steering market forecast and analysis – By Type
8.3.2.3 Asia Pacific CV Active Power Steering market forecast and analysis – By Applications
8.4 Middle East and Africa (MEA)
8.4.1 Middle East and Africa CV Active Power Steering Market overview
8.4.2 Middle East and Africa CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
8.4.2.1 Middle East and Africa CV Active Power Steering market forecast and analysis – By Countries
8.4.2.1.1 South Africa market
8.4.2.1.2 Saudi Arabia market
8.4.2.1.3 UAE market
8.4.2.2 Middle East and Africa CV Active Power Steering market forecast and analysis – By Type
8.4.2.3 Middle East and Africa CV Active Power Steering market forecast and analysis – By Applications
8.5 South America (SAM)
8.5.1 South America CV Active Power Steering Market overview
8.5.2 South America CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
8.5.2.1 South America CV Active Power Steering market forecast and analysis – By Countries
8.5.2.1.1 Brazil market
8.5.2.2 South America CV Active Power Steering market forecast and analysis – By Type
8.5.2.3 South America CV Active Power Steering market forecast and analysis – By Applications
9 CV ACTIVE POWER STEERING, INDUSTRY LANDSCAPE
9.1 Mergers and Acquisitions
9.2 Market Initiatives
9.3 New Development
9.4 Investment Scenario
10 CV ACTIVE POWER STEERING MARKET, KEY COMPANY PROFILES
10.1 Ognibene.
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Financial Overview
10.1.4 SWOT Analysis
10.1.5 Key Developments
10.2 tedrive Steering Systems GmbH.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Financial Overview
10.2.4 SWOT Analysis
10.2.5 Key Developments
10.3 Bosch.
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Financial Overview
10.3.4 SWOT Analysis
10.3.5 Key Developments
10.3.6
10.4 Knorr-Bremse.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Financial Overview
10.4.4 SWOT Analysis
10.4.5 Key Developments
10.5 BMW.
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Financial Overview
10.5.4 SWOT Analysis
10.5.5 Key Developments
10.6 Volvo.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Financial Overview
10.6.4 SWOT Analysis
10.6.5 Key Developments
10.7 Daimler
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Financial Overview
10.7.4 SWOT Analysis
10.7.5 Key Developments
11 APPENDIX
11.1 About The Insight Partners
11.2 Glossary of Terms
11.3 Methodology
11.3.1 Coverage
11.3.2 Secondary Research
11.3.3 Primary Research
11.4 Contact Us
11.5 Disclaimer
COMPANIES MENTIONED
Ognibene.
tedrive Steering Systems GmbH.
Bosch.
Knorr-Bremse.
BMW.
Volvo.
Daimler
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
8.3 Asia pacific (APAC)
8.3.1 Asia Pacific CV Active Power Steering Market overview
8.3.2 Asia Pacific CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
8.3.2.1 Asia Pacific CV Active Power Steering market forecast and analysis – By Countries
8.3.2.1.1 Australia market
8.3.2.1.2 China market
8.3.2.1.3 India market
8.3.2.1.4 Japan market
8.3.2.2 Asia Pacific CV Active Power Steering market forecast and analysis – By Type
8.3.2.3 Asia Pacific CV Active Power Steering market forecast and analysis – By Applications
8.4 Middle East and Africa (MEA)
8.4.1 Middle East and Africa CV Active Power Steering Market overview
8.4.2 Middle East and Africa CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
8.4.2.1 Middle East and Africa CV Active Power Steering market forecast and analysis – By Countries
8.4.2.1.1 South Africa market
8.4.2.1.2 Saudi Arabia market
8.4.2.1.3 UAE market
8.4.2.2 Middle East and Africa CV Active Power Steering market forecast and analysis – By Type
8.4.2.3 Middle East and Africa CV Active Power Steering market forecast and analysis – By Applications
8.5 South America (SAM)
8.5.1 South America CV Active Power Steering Market overview
8.5.2 South America CV Active Power Steering Market Volume and Forecasts to 2025 (Units)
8.5.2.1 South America CV Active Power Steering market forecast and analysis – By Countries
8.5.2.1.1 Brazil market
8.5.2.2 South America CV Active Power Steering market forecast and analysis – By Type
8.5.2.3 South America CV Active Power Steering market forecast and analysis – By Applications
9 CV ACTIVE POWER STEERING, INDUSTRY LANDSCAPE
9.1 Mergers and Acquisitions
9.2 Market Initiatives
9.3 New Development
9.4 Investment Scenario
10 CV ACTIVE POWER STEERING MARKET, KEY COMPANY PROFILES
10.1 Ognibene.
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Financial Overview
10.1.4 SWOT Analysis
10.1.5 Key Developments
10.2 tedrive Steering Systems GmbH.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Financial Overview
10.2.4 SWOT Analysis
10.2.5 Key Developments
10.3 Bosch.
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Financial Overview
10.3.4 SWOT Analysis
10.3.5 Key Developments
10.3.6
10.4 Knorr-Bremse.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Financial Overview
10.4.4 SWOT Analysis
10.4.5 Key Developments
10.5 BMW.
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Financial Overview
10.5.4 SWOT Analysis
10.5.5 Key Developments
10.6 Volvo.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Financial Overview
10.6.4 SWOT Analysis
10.6.5 Key Developments
10.7 Daimler
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Financial Overview
10.7.4 SWOT Analysis
10.7.5 Key Developments
11 APPENDIX
11.1 About The Insight Partners
11.2 Glossary of Terms
11.3 Methodology
11.3.1 Coverage
11.3.2 Secondary Research
11.3.3 Primary Research
11.4 Contact Us
11.5 Disclaimer
COMPANIES MENTIONED
Ognibene.
tedrive Steering Systems GmbH.
Bosch.
Knorr-Bremse.
BMW.
Volvo.
Daimler
