Commercial Active Power Steering Market: Global Industry Analysis and forecast 2023 – 2029


Global Commercial Active Power Steering Market is expected to reach US$ 12.73 Bn by 2029, at a CAGR of 17.45% during the forecast period.

Global Commercial Active Power Steering Market: Overview

Commercial Vehicle active Power Steering System increases control of steering mechanism in vehicle to minimize the driver efforts to steer the vehicle wheels driving at typical speed. Active power steering systems in heavy commercial vehicle minimizedrivers’ physical effort to steer the vehicle in motion or rest. This system is applied to increase the vehicle safety and will have positive impact in the future market. This system is user friendly and compatible with advance system in vehicle. This system has scope in future due to its improvisation in safety of vehicle. Currently, market is driven by road safety and fuel-efficient technologies which makes driving convenient and effort less.Commercial Active Power Steering MarketTo know about the Research Methodology :- Request Free Sample Report

Global Commercial Active Power Steering Market: Drivers

Increasing demand for advance features in commercial vehicle segment over the past few yearsis estimated to maintain its growth in the forecasted period.Developing countries are also showing demand for vehicle having more safety features which is driving the market for Global Commercial Active Power Steering.

Commercial Active Power Steering gives more safety to the driver and passenger which increases the market growth.Commercial Active Power Steering helps during vehicle at high speed, makes vehicle controlling smooth.Due to less effort to steer the vehicle driver can drive vehicle for long distance with less fatigue, faster delivery of goods is possible.Active Power Steering is highly compatible with ADAS system which makes it good choice for Semi-automatic vehicle. All these factors are driving the market.

Global Commercial Active Power Steering Market: Challenges

A major restraint for this market is its cost and it needs high tech equipment for working. Active Power Steering is complex in construction and its maintenance is difficult.

Global Commercial Active Power Steering Market: Regional Overview

Global Market is segmented into regions like Asia Pacific, North America, Europe, South America and Middle East & Africa. Among all regions, North America is the major contributor in the market share of Global Market owing to its strong infrastructure, revenue, well developed economy, large sale logistic operation. Following to that Europe is also expected to hold major market of Commercial Active Power Steering due to its technological development and rapid growing commercial vehicle market, moreover in Europe OEM are trying to implement cost effective solution to reduce 〖CO〗_2 emission to achieve EU target 〖CO〗_2 emission norms driving the Market. The Asia Pacific is also expected to show growth due to its increasing commercial vehicle market and prominent key players are operating in this region.

Global Commercial Active Power Steering Market: Segmentation

Global Market is segmented into Vehicle Type (Light Commercial Vehicle, Heavy Commercial Vehicle), Product Type(Hydraulic Power Steering (HPS), Electric Power Steering (EPS), Electro-Hydraulic Power Steering (EHPS), Others), and Region (North America, Europe, Asia pacific, Middle East and Africa, and Latin America). In terms of product type, Hydraulic Power Steering (HPS) are growing at faster rate than other segment, but now a day’s Electric Power Steering (EPS)is also getting popular in LMV Commercial vehicle.

The report also helps in understanding Market dynamics, structure by analyzing the market segments and projects the Market size. Clear representation of competitive analysis of key players by Supply Chain, price, financial position, Product portfolio, growth strategies, and regional presence in the  Market make the report investor’s guide.

Scope of the Global Commercial Active Power Steering Market: Inquire before buying






Global Commercial Active Power Steering Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2018 to 2022
Market Size in 2022:
US $ 4.12 Bn.




Forecast Period 2023 to 2029 CAGR:
17.45%
Market Size in 2029:
US $ 12.73 Bn.




 Segments Covered:
by Vehicle Type
Light Commercial Vehicle
Heavy Commercial Vehicle




by Product Type
Hydraulic Power Steering (HPS)
Electric Power Steering (EPS)
Electro-Hydraulic Power Steering (EHPS)
Others






Global Commercial Active Power Steering Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Commercial Active Power Steering Market, Key Players are

1. Bosch
2. Daimler
3. Knorr-Bremse
4. BMW
5. Volvo
6. Ognibene
7. Tedrive Steering Systems GmbH

Frequently Asked Questions:

1. Which region has the largest share in Global Market ?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Market ?
Ans: The Global Market is growing at a CAGR of 17.45% during forecasting period 2023-2029.

3. What is scope of the Global Market report?
Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Market ?
Ans: The important key players in the Global Market are – Bosch, Daimler, Knorr-Bremse, BMW, Volvo, Ognibene, Tedrive Steering Systems GmbH

5. What is the study period of this Market?
Ans: The Global Market is studied from 2022 to 2029. 




Global Commercial Active Power Steering Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Commercial Active Power Steering Market Size, by Market Value (US$ Mn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
5. Supply Side and Demand Side Indicators
6. Commercial Active Power Steering Market Analysis and Forecast
6.1. Commercial Active Power Steering Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America
7. Commercial Active Power Steering Market Analysis and Forecast, By Vehicle Type
7.1. Introduction and Definition
7.2. Key Findings
7.3. Commercial Active Power Steering Market Value Share Analysis, By Vehicle Type
7.4. Commercial Active Power Steering Market Size (US$ Mn) Forecast, By Vehicle Type
7.5. Commercial Active Power Steering Market Analysis, By Vehicle Type
7.6. Commercial Active Power Steering Market Attractiveness Analysis, By Vehicle Type
8. Commercial Active Power Steering Market Analysis and Forecast, By Product Type
8.1. Introduction and Definition
8.2. Key Findings
8.3. Commercial Active Power Steering Market Value Share Analysis, By Brake Used
8.4. Commercial Active Power Steering Market Size (US$ Mn) Forecast, By Brake Used
8.5. Commercial Active Power Steering Market Analysis, By Brake Used
8.6. Commercial Active Power Steering Market Attractiveness Analysis, By Brake Used
9. Commercial Active Power Steering Market Analysis, by Region
9.1. Commercial Active Power Steering Market Value Share Analysis, by Region
9.2. Commercial Active Power Steering Market Size (US$ Mn) Forecast, by Region
9.3. Commercial Active Power Steering Market Attractiveness Analysis, by Region
10. North America Commercial Active Power Steering Market Analysis
10.1. Key Findings
10.2. North America Commercial Active Power Steering Market Overview
10.3. North America Commercial Active Power Steering Market Value Share Analysis, By Vehicle Type
10.4. North America Commercial Active Power Steering Market Forecast, By Vehicle Type
10.4.1. Light Commercial Vehicle
10.4.2. Heavy Commercial Vehicle
10.5. North America Commercial Active Power Steering Market Value Share Analysis, By Product Type
10.6. North America Commercial Active Power Steering Market Forecast, By Product Type
10.6.1. Hydraulic Power Steering (HPS)
10.6.2. Electric Power Steering (EPS)
10.6.3. Electro-Hydraulic Power Steering (EHPS)
10.6.4. Others
10.7. North America Commercial Active Power Steering Market Value Share Analysis, by Country
10.8. North America Commercial Active Power Steering Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Commercial Active Power Steering Market Analysis, by Country
10.10. U.S. Commercial Active Power Steering Market Forecast, By Vehicle Type
10.10.1. Light Commercial Vehicle
10.10.2. Heavy Commercial Vehicle
10.11. U.S. Commercial Active Power Steering Market Forecast, By Product Type
10.11.1. Hydraulic Power Steering (HPS)
10.11.2. Electric Power Steering (EPS)
10.11.3. Electro-Hydraulic Power Steering (EHPS)
10.11.4. Others
10.12. Canada Commercial Active Power Steering Market Forecast, By Vehicle Type
10.12.1. Light Commercial Vehicle
10.12.2. Heavy Commercial Vehicle
10.13. Canada Commercial Active Power Steering Market Forecast, By Product Type
10.13.1. Hydraulic Power Steering (HPS)
10.13.2. Electric Power Steering (EPS)
10.13.3. Electro-Hydraulic Power Steering (EHPS)
10.13.4. Others
10.14. North America Commercial Active Power Steering Market Attractiveness Analysis
10.14.1. By Vehicle Type
10.14.2. By Product Type
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Developments
11. Europe Commercial Active Power Steering Market Analysis
11.1. Key Findings
11.2. Europe Commercial Active Power Steering Market Overview
11.3. Europe Commercial Active Power Steering Market Value Share Analysis, By Vehicle Type
11.4. Europe Commercial Active Power Steering Market Forecast, By Vehicle Type
11.4.1. Light Commercial Vehicle
11.4.2. Heavy Commercial Vehicle
11.5. Europe Commercial Active Power Steering Market Forecast, By Product Type
11.5.1. Hydraulic Power Steering (HPS)
11.5.2. Electric Power Steering (EPS)
11.5.3. Electro-Hydraulic Power Steering (EHPS)
11.5.4. Others
11.6. Europe Commercial Active Power Steering Market Value Share Analysis, by Country
11.7. Europe Commercial Active Power Steering Market Forecast, by Country
11.7.1. Germany
11.7.2. U.K.
11.7.3. France
11.7.4. Italy
11.7.5. Spain
11.7.6. Norway
11.7.7. Russia
11.7.8. Rest of Europe
11.8. Germany Commercial Active Power Steering Market Forecast, By Vehicle Type
11.8.1. Light Commercial Vehicle
11.8.2. Heavy Commercial Vehicle
11.9. Germany Commercial Active Power Steering Market Forecast, By Product Type
11.9.1. Hydraulic Power Steering (HPS)
11.9.2. Electric Power Steering (EPS)
11.9.3. Electro-Hydraulic Power Steering (EHPS)
11.9.4. Others
11.10. U.K. Commercial Active Power Steering Market Forecast, By Vehicle Type
11.10.1. Light Commercial Vehicle
11.10.2. Heavy Commercial Vehicle
11.11. U.K. Commercial Active Power Steering Market Forecast, By Product Type
11.11.1. Hydraulic Power Steering (HPS)
11.11.2. Electric Power Steering (EPS)
11.11.3. Electro-Hydraulic Power Steering (EHPS)
11.11.4. Others
11.12. France Commercial Active Power Steering Market Forecast, By Vehicle Type
11.12.1. Light Commercial Vehicle
11.12.2. Heavy Commercial Vehicle
11.13. France Commercial Active Power Steering Market Forecast, By Product Type
11.13.1. Hydraulic Power Steering (HPS)
11.13.2. Electric Power Steering (EPS)
11.13.3. Electro-Hydraulic Power Steering (EHPS)
11.13.4. Others
11.14. Italy Commercial Active Power Steering Market Forecast, By Vehicle Type
11.14.1. Light Commercial Vehicle
11.14.2. Heavy Commercial Vehicle
11.15. Italy Commercial Active Power Steering Market Forecast, By Product Type
11.15.1. Hydraulic Power Steering (HPS)
11.15.2. Electric Power Steering (EPS)
11.15.3. Electro-Hydraulic Power Steering (EHPS)
11.15.4. Others
11.16. Spain Commercial Active Power Steering Market Forecast, By Vehicle Type
11.16.1. Light Commercial Vehicle
11.16.2. Heavy Commercial Vehicle
11.17. Spain Commercial Active Power Steering Market Forecast, By Product Type
11.17.1. Hydraulic Power Steering (HPS)
11.17.2. Electric Power Steering (EPS)
11.17.3. Electro-Hydraulic Power Steering (EHPS)
11.17.4. Others
11.18. NorwayCommercial Active Power Steering Market Forecast, By Vehicle Type
11.18.1. Light Commercial Vehicle
11.18.2. Heavy Commercial Vehicle
11.19. NorwayCommercial Active Power Steering Market Forecast, By Product Type
11.19.1. Hydraulic Power Steering (HPS)
11.19.2. Electric Power Steering (EPS)
11.19.3. Electro-Hydraulic Power Steering (EHPS)
11.19.4. Others
11.20. RussiaCommercial Active Power Steering Market Forecast, By Vehicle Type
11.20.1. Light Commercial Vehicle
11.20.2. Heavy Commercial Vehicle
11.21. RussiaCommercial Active Power Steering Market Forecast, By Product Type
11.21.1. Hydraulic Power Steering (HPS)
11.21.2. Electric Power Steering (EPS)
11.21.3. Electro-Hydraulic Power Steering (EHPS)
11.21.4. Others
11.22. Rest of Europe Commercial Active Power Steering Market Forecast, By Vehicle Type
11.22.1. Light Commercial Vehicle
11.22.2. Heavy Commercial Vehicle
11.23. Rest of Europe Commercial Active Power Steering Market Forecast, By Product Type
11.23.1. Hydraulic Power Steering (HPS)
11.23.2. Electric Power Steering (EPS)
11.23.3. Electro-Hydraulic Power Steering (EHPS)
11.23.4. Others
11.24. Europe Commercial Active Power Steering Market Attractiveness Analysis
11.24.1. By Product Types
11.24.2. By Vehicle Type
11.25. PEST Analysis
11.26. Key Trends
11.27. Key Developments
12. Asia Pacific Commercial Active Power Steering Market Analysis
12.1. Key Findings
12.2. Asia Pacific Commercial Active Power Steering Market Overview
12.3. Asia Pacific Commercial Active Power Steering Market Value Share Analysis, By Vehicle Type
12.4. Asia Pacific Commercial Active Power Steering Market Forecast, By Vehicle Type
12.4.1. Light Commercial Vehicle
12.4.2. Heavy Commercial Vehicle
12.5. Asia Pacific Commercial Active Power Steering Market Value Share Analysis, By Vehicle Type
12.6. Asia Pacific Commercial Active Power Steering Market Forecast, By Product Type
12.6.1. Hydraulic Power Steering (HPS)
12.6.2. Electric Power Steering (EPS)
12.6.3. Electro-Hydraulic Power Steering (EHPS)
12.6.4. Others
12.7. Asia Pacific Commercial Active Power Steering Market Value Share Analysis, by Country
12.8. Asia Pacific Commercial Active Power Steering Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. South Korea
12.8.5. Australia
12.8.6. Malaysia
12.8.7. Indonesia
12.8.8. Rest of Asia Pacific
12.9. Asia Pacific Commercial Active Power Steering Market Analysis, by Country
12.10. China Commercial Active Power Steering Market Forecast, By Vehicle Type
12.10.1. Light Commercial Vehicle
12.10.2. Heavy Commercial Vehicle
12.11. China Commercial Active Power Steering Market Forecast, By Product Type
12.11.1. Hydraulic Power Steering (HPS)
12.11.2. Electric Power Steering (EPS)
12.11.3. Electro-Hydraulic Power Steering (EHPS)
12.11.4. Others
12.12. India Commercial Active Power Steering Market Forecast, By Vehicle Type
12.12.1. Light Commercial Vehicle
12.12.2. Heavy Commercial Vehicle
12.13. India Commercial Active Power Steering Market Forecast, By Product Type
12.13.1. Hydraulic Power Steering (HPS)
12.13.2. Electric Power Steering (EPS)
12.13.3. Electro-Hydraulic Power Steering (EHPS)
12.13.4. Others
12.14. Japan Commercial Active Power Steering Market Forecast, By Vehicle Type
12.14.1. Light Commercial Vehicle
12.14.2. Heavy Commercial Vehicle
12.15. Japan Commercial Active Power Steering Market Forecast, By Product Type
12.15.1. Hydraulic Power Steering (HPS)
12.15.2. Electric Power Steering (EPS)
12.15.3. Electro-Hydraulic Power Steering (EHPS)
12.15.4. Others
12.16. South Korea Commercial Active Power Steering Market Forecast, By Vehicle Type
12.16.1. Light Commercial Vehicle
12.16.2. Heavy Commercial Vehicle
12.17. South KoreaCommercial Active Power Steering Market Forecast, By Product Type
12.17.1. Hydraulic Power Steering (HPS)
12.17.2. Electric Power Steering (EPS)
12.17.3. Electro-Hydraulic Power Steering (EHPS)
12.17.4. Others
12.18. Australia Commercial Active Power Steering Market Forecast, By Vehicle Type
12.18.1. Light Commercial Vehicle
12.18.2. Heavy Commercial Vehicle
12.19. AustraliaCommercial Active Power Steering Market Forecast, By Product Type
12.19.1. Hydraulic Power Steering (HPS)
12.19.2. Electric Power Steering (EPS)
12.19.3. Electro-Hydraulic Power Steering (EHPS)
12.19.4. Others
12.20. Malaysia Commercial Active Power Steering Market Forecast, By Vehicle Type
12.20.1. Light Commercial Vehicle
12.20.2. Heavy Commercial Vehicle
12.21. MalaysiaCommercial Active Power Steering Market Forecast, By Product Type
12.21.1. Hydraulic Power Steering (HPS)
12.21.2. Electric Power Steering (EPS)
12.21.3. Electro-Hydraulic Power Steering (EHPS)
12.21.4. Others
12.22. Indonesia Commercial Active Power Steering Market Forecast, By Vehicle Type
12.22.1. Light Commercial Vehicle
12.22.2. Heavy Commercial Vehicle
12.23. IndonesiaCommercial Active Power Steering Market Forecast, By Product Type
12.23.1. Hydraulic Power Steering (HPS)
12.23.2. Electric Power Steering (EPS)
12.23.3. Electro-Hydraulic Power Steering (EHPS)
12.23.4. Others
12.24. Rest of Asia Pacific Commercial Active Power Steering Market Forecast, By Vehicle Type
12.24.1. Light Commercial Vehicle
12.24.2. Heavy Commercial Vehicle
12.25. Rest of Asia Pacific Commercial Active Power Steering Market Forecast, By Product Type
12.25.1. Hydraulic Power Steering (HPS)
12.25.2. Electric Power Steering (EPS)
12.25.3. Electro-Hydraulic Power Steering (EHPS)
12.25.4. Others
12.26. Asia Pacific Commercial Active Power Steering Market Attractiveness Analysis
12.26.1. By Vehicle Type
12.26.2. By Product Type
12.27. PEST Analysis
12.28. Key Trends
12.29. Key Developments
13. Middle East & Africa Commercial Active Power Steering Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Commercial Active Power Steering Market Overview
13.3. Middle East & Africa Commercial Active Power Steering Market Value Share Analysis, By Vehicle Type
13.4. Middle East & Africa Commercial Active Power Steering Market Forecast, By Vehicle Type
13.4.1. Light Commercial Vehicle
13.4.2. Heavy Commercial Vehicle
13.5. Middle East & Africa Commercial Active Power Steering Market Forecast, By Product Type
13.5.1. Hydraulic Power Steering (HPS)
13.5.2. Electric Power Steering (EPS)
13.5.3. Electro-Hydraulic Power Steering (EHPS)
13.5.4. Others
13.6. Middle East & Africa Commercial Active Power Steering Market Value Share Analysis, by Country
13.7. Middle East & Africa Commercial Active Power Steering Market Forecast, by Country
13.7.1. GCC
13.7.2. South Africa
13.7.3. Rest of Middle East & Africa
13.8. Middle East & Africa Commercial Active Power Steering Market Analysis, by Country
13.9. GCC Commercial Active Power Steering Market Forecast, By Vehicle Type
13.9.1. Light Commercial Vehicle
13.9.2. Heavy Commercial Vehicle
13.10. GCC Commercial Active Power Steering Market Forecast, By Product Type
13.10.1. Hydraulic Power Steering (HPS)
13.10.2. Electric Power Steering (EPS)
13.10.3. Electro-Hydraulic Power Steering (EHPS)
13.10.4. Others
13.11. Commercial Active Power Steering Market Forecast, By Vehicle Type
13.11.1. Light Commercial Vehicle
13.11.2. Heavy Commercial Vehicle
13.12. South Africa Commercial Active Power Steering Market Forecast, By Product Type
13.12.1. Hydraulic Power Steering (HPS)
13.12.2. Electric Power Steering (EPS)
13.12.3. Electro-Hydraulic Power Steering (EHPS)
13.12.4. Others
13.13. Rest of Middle East & Africa Commercial Active Power Steering Market Forecast, By Vehicle Type
13.13.1. Light Commercial Vehicle
13.13.2. Heavy Commercial Vehicle
13.14. Rest of Middle East & Africa Commercial Active Power Steering Market Forecast, By Product Type
13.14.1. Hydraulic Power Steering (HPS)
13.14.2. Electric Power Steering (EPS)
13.14.3. Electro-Hydraulic Power Steering (EHPS)
13.14.4. Others
13.15. Middle East & Africa Commercial Active Power Steering MarketAttractiveness Analysis
13.15.1. By Vehicle Type
13.15.2. By Product Type
13.16. PEST Analysis
13.17. Key Trends
13.18. Key Developments
14. South America Commercial Active Power Steering Market Analysis
14.1. Key Findings
14.2. South America Commercial Active Power Steering Market Overview
14.3. South America Commercial Active Power Steering Market Value Share Analysis, By Vehicle Type
14.4. South America Commercial Active Power Steering Market Forecast, By Vehicle Type
14.4.1. Light Commercial Vehicle
14.4.2. Heavy Commercial Vehicle
14.5. South America Commercial Active Power Steering Market Forecast, By Product Type
14.5.1. Hydraulic Power Steering (HPS)
14.5.2. Electric Power Steering (EPS)
14.5.3. Electro-Hydraulic Power Steering (EHPS)
14.5.4. Others
14.6. South America Commercial Active Power Steering Market Value Share Analysis, by Country
14.7. South America Commercial Active Power Steering Market Forecast, by Country
14.7.1. Brazil
14.7.2. Mexico
14.7.3. Argentina
14.7.4. Rest of South America
14.8. South America Commercial Active Power Steering Market Analysis, by Country
14.9. Brazil Commercial Active Power Steering Market Forecast, By Vehicle Type
14.9.1. Light Commercial Vehicle
14.9.2. Heavy Commercial Vehicle
14.10. Brazil Commercial Active Power Steering Market Forecast, By Product Type
14.10.1. Hydraulic Power Steering (HPS)
14.10.2. Electric Power Steering (EPS)
14.10.3. Electro-Hydraulic Power Steering (EHPS)
14.10.4. Others
14.11. Mexico Commercial Active Power Steering Market Forecast, By Vehicle Type
14.11.1. Light Commercial Vehicle
14.11.2. Heavy Commercial Vehicle
14.12. Mexico Commercial Active Power Steering Market Forecast, By Product Type
14.12.1. Hydraulic Power Steering (HPS)
14.12.2. Electric Power Steering (EPS)
14.12.3. Electro-Hydraulic Power Steering (EHPS)
14.12.4. Others
14.13. Argentina Commercial Active Power Steering Market Forecast, By Vehicle Type
14.13.1. Light Commercial Vehicle
14.13.2. Heavy Commercial Vehicle
14.14. ArgentinaCommercial Active Power Steering Market Forecast, By Product Type
14.14.1. Hydraulic Power Steering (HPS)
14.14.2. Electric Power Steering (EPS)
14.14.3. Electro-Hydraulic Power Steering (EHPS)
14.14.4. Others
14.15. Rest of South America Commercial Active Power Steering Market Forecast, By Vehicle Type
14.15.1. Light Commercial Vehicle
14.15.2. Heavy Commercial Vehicle
14.16. Rest of South America Commercial Active Power Steering Market Forecast, By Product Type
14.16.1. Hydraulic Power Steering (HPS)
14.16.2. Electric Power Steering (EPS)
14.16.3. Electro-Hydraulic Power Steering (EHPS)
14.16.4. Others
14.17. South America Commercial Active Power Steering Market Attractiveness Analysis
14.17.1. By Vehicle Type
14.17.2. By Product Type
14.18. PEST Analysis
14.19. Key Trends
14.20. Key Developments
15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles, and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Vehicles
15.2.3.2. M&A Key Players, Forward Integration and BackwardIntegration
15.3. Company Profiles: Key Players
15.3.1. Bosch
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Development Footprint
15.3.2. Daimler
15.3.3. Knorr-Bremse
15.3.4. BMW
15.3.5. Volvo
15.3.6. Ognibene
15.3.7. Tedrive Steering Systems GmbH

16. Primary Key Insights
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