Class 8 Truck Steering Market in North America 2022-2027

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    CLASS 8 TRUCK STEERING MARKET IN NORTH AMERICA

     

    INTRODUCTION

     

    The steering column seems to be the indicator that a driver uses more than any other. It’s being used to determine the vehicle’s orientation, as well as an augmentation of the sensory perception. Its motorist can feel the motion of the car, the road conditions, and pressures first from the environment by gripping the steering column.

     

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    Nevertheless, recent developments in steering system technology reveal that it is feasible to augment what may be sensed in the steering column, potentially assisting the operator. The true problem here is another design’s efficacy, which resides in being cooperative with the human operator.

     

    CLASS 8 TRUCK STEERING MARKET IN NORTH AMERICA DEVELOPMENTS AND INNOVATIONS

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Nexteer Unveils New High-Output Electric Power Steering System Nexteer Automotive introduces High-Output Electric Power Steering (EPS), which provides enhanced safety and comfort. Global This would enhance better Technological Controls
    2 Bosch Touts Electric-Hydraulic Steering to Facilitate Automated Driving Executives from Robert Bosch’s North American division demonstrated an electric-hydraulic steering system for Class 8 trucks. Global This would enhance better Technological Controls
    3 Meritor MFS+ front steer axle is now standard on Kenworth Class 8 trucks For linehaul purposes, Kenworth Class 8 trucks currently come standard with the Meritor MFS+ front steering axle model. The redesigned axle comes in both normal and wide track versions. Global This would enhance better Technological Controls
    4 Solo AVT wants to build fully driverless heavy truck platforms Solo Advanced Automobile Technologies, located in California, seeks to develop electric, purpose-built heavy-duty truck chassis for autonomous freight. Global This would enhance better Technological Controls
    5 Mack Trucks offers new active steering system on Mack Granite models Mack Trucks, located in Greensboro, has commenced production of heavy-duty work trucks using a new active steering system. Global This would enhance better Technological Controls

     

    CLASS 8 TRUCK STEERING MARKET IN NORTH AMERICA SIZE AND FORECAST

     

    The Class 8 Truck Steering Market in North America accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

     

    COMPETITIVE LANDSCAPE

     

    This intermediate and heavy vehicle steering system market is being propelled forward by dynamic steering for medium and heavy-duty vehicles.

     

    Driver tiredness detection, collision avoidance, attention help, dynamic power steering, surround-view parks, and collision warning (LDW) structures are just a few of the safety, comfort, as well as efficiency technologies that fleet operators are currently exploring.

     

    Driver safety and comfort are improved by advanced steering technology such as dynamic steering. 

     

    Volvo International is a leading mobiliser of the Class 8 Truck Steering requirements in the market. The motorist will enjoy a safer and more comfortable driving experience with Dynamic Steering. In both forward and backward, it boosts torque to alleviate steering strain at low speeds.

     

    When confronting crosswinds, highway crowns, soft shoulders, or emergency conditions like tyre failure, VDS performs changes to increase stability at highway speeds. A strong electric motor is installed above the hydraulic steering gear in this design.

     

    Robert Bosch is part of the component manufacturing trending companies in the current industry. The Servotwin electro-hydraulic steering gear for heavy duty vehicles combines an electric coordination and management unit with the RB-Servocom spherical bearing power steering system.

     

    The technology provides speed-dependent directional assistance including active reverse, as well as other driver aid features and automated driving capabilities.

     

    COMPANIES PROFILED

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average selling price in the Class 8 Truck Steering Market in North America right now and how will it change in the next 5-6 years? 
    2. Market share of Class 8 Truck Steering Market in North America manufacturers and their upcoming products.
    3. Cost advantage for OEMs who manufacturers Class 8 Truck Steering Market in North America in-house.
    4. 5 key predictions for the next 5 years in the Class 8 Truck Steering Market in North America.
    5. Latest trends in Class 8 Truck Steering Market in North America, by every market segment
    6. The market size (both volume and value) of Class 8 Truck Steering Market in North America in 2022-2027 and every year in between
    7. Global production breakup of Class 8 Truck Steering Market in North America, by suppliers and their OEM relationship.
    8. What is happening overall in the Class 8 Truck Steering Market in North America.
    9. Who are the major players in the Class 8 Truck Steering Market in North America?
    10. What are the business opportunities in the Class 8 Truck Steering Market in North America?
    11. What is the target group for Class 8 Truck Steering Market in North America?
    12. What are the strategies for the Class 8 Truck Steering Market in North America in the next 5 years?

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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