Main Content start here
Main Layout
Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 6.53 Billion

CAGR (2026-2031)

6.34%

Fastest Growing Segment

Hydraulic Power Steering (HPS)

Largest Market

Asia Pacific

Market Size (2031)

USD 9.44 Billion

Market Overview

The Global Commercial Vehicle Active Power Steering Market will grow from USD 6.53 Billion in 2025 to USD 9.44 Billion by 2031 at a 6.34% CAGR. Commercial Vehicle Active Power Steering is defined as an advanced mechanism that utilizes electric motors or electro-hydraulic systems to dynamically adjust steering assistance based on vehicle speed and driving conditions. The primary drivers propelling market growth are stringent government safety mandates requiring the integration of lane-keeping assist systems and the increasing necessity for fuel efficiency in fleet operations. This demand is particularly strong in the light commercial sector where modernization rates are accelerating. According to the European Automobile Manufacturers' Association, in 2024, new van registrations in the European Union increased by 8.3% to reach 1,586,688 units, indicating a robust and expanding addressable market for these safety-critical components.

One significant challenge that could impede market expansion is the high initial implementation cost associated with these complex electronic components compared to traditional hydraulic systems. This price sensitivity poses a substantial barrier to adoption in cost-conscious emerging markets where fleet operators often prioritize immediate capital expenditure savings over long-term operational efficiency or advanced feature sets.

Key Market Drivers

Rapid electrification of commercial vehicle fleets is a primary catalyst for the adoption of active power steering systems. Electric trucks, characterized by heavy battery packs, impose significantly higher front-axle loads compared to diesel counterparts, necessitating steering mechanisms capable of generating greater torque without draining the powertrain's energy reserves. Active electric or electro-hydraulic steering systems address this by decoupling steering assist from engine speed, thereby optimizing energy consumption and extending vehicle range. According to the International Energy Agency, April 2024, in the 'Global EV Outlook 2024', global sales of electric trucks increased by 35% in 2023 to reach approximately 54,000 units, underscoring the growing deployment of platforms requiring these high-torque, energy-efficient steering solutions.

Concurrently, the expansion of global e-commerce and logistics industries is driving demand for technologies that enhance driver comfort and urban maneuverability. As fleet operators face driver shortages and increasing delivery volumes, reducing driver fatigue through active steering features—such as speed-sensitive assistance and disturbance rejection—has become a critical operational priority. Furthermore, these systems facilitate precise control in congested city environments, which is essential for the burgeoning last-mile delivery sector. Highlighting the scale of this logistics activity, according to the American Trucking Associations, September 2024, in the 'American Trucking Trends 2024' report, U.S. trucking industry revenues climbed to $987 billion in 2023. This massive logistics volume is supported by substantial vehicle production; according to the China Association of Automobile Manufacturers, in 2024, the industry reported commercial vehicle sales of 4.03 million units for the preceding year, reflecting the immense global scale of fleets upgrading to modern steering technologies.

Download Free Sample Report

Key Market Challenges

The high initial implementation cost associated with complex electronic components serves as a significant restraint on the Global Commercial Vehicle Active Power Steering Market. Unlike traditional hydraulic systems, active steering mechanisms require the integration of expensive electric motors, torque sensors, and electronic control units, which materially increase the production and retail price of commercial vehicles. This price escalation creates a substantial barrier to adoption, particularly in emerging economies and cost-sensitive segments where fleet operators often operate on thin profit margins. Consequently, decision-makers frequently prioritize lower upfront capital expenditures over the long-term operational benefits offered by advanced steering technologies.

This economic pressure is further evidenced by recent contractions in the broader commercial vehicle sector, where rising costs have already impacted fleet renewal rates. According to the European Automobile Manufacturers' Association (ACEA), in 2024, new EU truck registrations declined by 6.3% to reach 327,896 units. This downturn in vehicle acquisition indicates a market environment that is highly sensitive to capital costs, making it increasingly difficult for manufacturers to justify the additional premium required for active power steering systems. As a result, the widespread standardization of this technology is delayed, restricting its penetration primarily to high-end vehicle models rather than volume segments.

Key Market Trends

The adoption of Steer-by-Wire (SbW) architectures is emerging as a critical trend to facilitate autonomous readiness, representing a technological leap beyond standard driver assistance. Unlike traditional mechanisms, SbW eliminates mechanical linkages between the steering wheel and road wheels, creating the fail-operational redundancy essential for Level 4 automation while enabling completely new cabin designs with retractable steering interfaces. This structural decoupling allows manufacturers to redesign chassis layouts for future logistics needs without physical steering column constraints. Highlighting the scale supporting this technological evolution, according to Daimler Truck, November 2024, in the 'Interim Report Q3 2024', the Group reported global unit sales of 114,917 units, providing a vast commercial platform for the iterative deployment of these next-generation redundant steering systems across diverse markets.

Concurrently, the market is undergoing a decisive shift toward the standardization of software-defined steering characteristics, moving focus from hardware complexity to flexible, code-based customization. This trend enables OEMs to utilize a single modular steering platform across various truck classes, adjusting parameters such as returnability and damping through software calibration rather than physical component changes. This approach significantly reduces development lead times and facilitates over-the-air updates to fine-tune steering feel for specific fleet requirements or changing load conditions. Underscoring the financial capability driving such software-centric innovations, according to Volvo Group, October 2024, in the 'Q3 2024 Quarterly Report', the company generated net sales of SEK 117.0 billion, establishing a robust economic foundation for integrating these adaptable digital chassis technologies into their heavy-duty vehicle lineups.

Segmental Insights

The Hydraulic Power Steering (HPS) segment is currently emerging as the fastest-growing category within the Global Commercial Vehicle Active Power Steering Market. This expansion is primarily driven by the system's superior torque capacity and robustness, which are indispensable for heavy-duty trucks and buses. Unlike purely electric alternatives that may face power limitations under heavy loads, advanced HPS configurations effectively integrate with electronic controls to support critical safety functions required by regulatory frameworks. Consequently, manufacturers prioritize HPS solutions for their unique balance of cost-efficiency, proven reliability, and ability to meet rigorous industry demands in the heavy transport sector.

Regional Insights

Based on recent market research, Asia Pacific leads the Global Commercial Vehicle Active Power Steering Market, primarily driven by its status as the world’s largest manufacturing hub for heavy-duty trucks and buses. The region's dominance is underpinned by rapid industrialization and an expanding logistics sector in key economies like China and India, which necessitate modern, efficient fleet operations. Furthermore, regulatory authorities such as China’s Ministry of Transport have implemented stringent safety standards mandating advanced driver assistance systems. These regulations compel manufacturers to integrate active steering technologies to ensure compliance with lane-keeping and stability requirements, thereby solidifying the region's market supremacy.

Recent Developments

  • In November 2025, a global technology supplier announced a strategic development involving the supply of redundant steering systems to an autonomous truck developer. This collaboration focused on equipping a fleet of driverless commercial vehicles with steering components designed to ensure fail-safe operations. The system featured a secondary actuator that would seamlessly engage if the primary unit failed, thereby enhancing the safety and precision of autonomous navigation. A senior executive from the supplier highlighted that these adaptive electronic steering assist technologies were essential for the commercialization of autonomous semi-trucks and for meeting rigorous safety standards in the industry.
  • In March 2025, a leading steering system manufacturer launched a new rear-wheel steering technology specifically engineered for heavy vehicles, including commercial trucks and electric platforms. This innovative system allowed rear wheels to turn up to 12 degrees in coordination with the front axle, significantly improving maneuverability during low-speed tasks such as parking and enhancing stability at high speeds. Designed with a focus on lightweighting and cost-effectiveness, the solution aimed to facilitate seamless integration for original equipment manufacturers. The company confirmed it had secured contracts to commence production, addressing the market's demand for superior handling in long-wheelbase vehicles.
  • In August 2024, a multinational engineering and technology company introduced a fully electric power steering system tailored for heavy-duty commercial vehicles. Showcased prior to a major industry exhibition, this electromechanical system eliminated the need for hydraulic oil, simplifying assembly and offering power-on-demand capabilities to support eco-friendly driving. The technology allowed manufacturers to customize steering feedback and functions to meet specific operational requirements. Alongside this launch, the company presented an electrohydraulic rear-axle steering solution designed to reduce tire wear and turning radii, reinforcing its commitment to advancing electrification and efficiency in the global freight sector.
  • In January 2024, a prominent commercial vehicle manufacturer unveiled a next-generation heavy-duty truck featuring an advanced driver assistance system powered by active dynamic steering. This integrated technology was designed to improve vehicle stability and driver comfort by actively reducing steering effort and compensating for external factors such as crosswinds. The system worked in conjunction with lane-keeping features to enhance safety and reduce operator fatigue during long-haul operations. The launch emphasized the critical role of active steering innovations in providing a safer, more productive driving environment and supporting the industry's focus on driver retention.

Key Market Players

  • Emerson Electric Co.
  • Honeywell International Inc
  • General Electric Company
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric
  • ABB Ltd
  • Halliburton Corporation
  • Schlumberger NV
  • Baker Hughes Company

By Type

By Demand Category

By Vehicle Type

By Region

  • Hydraulic Power Steering (HPS)
  • Electric Power Steering (EPS)
  • Electro-Hydraulic Power Steering (EHPS)
  • OEM
  • Aftermarket
  • Light Commercial Vehicles
  • Medium Commercial Vehicles
  • Heavy Commercial Vehicles
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Commercial Vehicle Active Power Steering Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Commercial Vehicle Active Power Steering Market, By Type:
  • Hydraulic Power Steering (HPS)
  • Electric Power Steering (EPS)
  • Electro-Hydraulic Power Steering (EHPS)
  • Commercial Vehicle Active Power Steering Market, By Demand Category:
  • OEM
  • Aftermarket
  • Commercial Vehicle Active Power Steering Market, By Vehicle Type:
  • Light Commercial Vehicles
  • Medium Commercial Vehicles
  • Heavy Commercial Vehicles
  • Commercial Vehicle Active 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

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Commercial Vehicle Active Power Steering Market.

Available Customizations:

Global Commercial Vehicle Active 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).

Global Commercial Vehicle Active Power Steering Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

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 Commercial Vehicle Active Power Steering Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Type (Hydraulic Power Steering (HPS), Electric Power Steering (EPS), Electro-Hydraulic Power Steering (EHPS))

5.2.2.  By Demand Category (OEM, Aftermarket)

5.2.3.  By Vehicle Type (Light Commercial Vehicles, Medium Commercial Vehicles, Heavy Commercial Vehicles)

5.2.4.  By Region

5.2.5.  By Company (2025)

5.3.  Market Map

6.    North America Commercial Vehicle Active Power Steering Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Type

6.2.2.  By Demand Category

6.2.3.  By Vehicle Type

6.2.4.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Commercial Vehicle Active 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 Type

6.3.1.2.2.  By Demand Category

6.3.1.2.3.  By Vehicle Type

6.3.2.    Canada Commercial Vehicle Active 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 Type

6.3.2.2.2.  By Demand Category

6.3.2.2.3.  By Vehicle Type

6.3.3.    Mexico Commercial Vehicle Active 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 Type

6.3.3.2.2.  By Demand Category

6.3.3.2.3.  By Vehicle Type

7.    Europe Commercial Vehicle Active Power Steering Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Type

7.2.2.  By Demand Category

7.2.3.  By Vehicle Type

7.2.4.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Commercial Vehicle Active 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 Type

7.3.1.2.2.  By Demand Category

7.3.1.2.3.  By Vehicle Type

7.3.2.    France Commercial Vehicle Active 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 Type

7.3.2.2.2.  By Demand Category

7.3.2.2.3.  By Vehicle Type

7.3.3.    United Kingdom Commercial Vehicle Active 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 Type

7.3.3.2.2.  By Demand Category

7.3.3.2.3.  By Vehicle Type

7.3.4.    Italy Commercial Vehicle Active 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 Type

7.3.4.2.2.  By Demand Category

7.3.4.2.3.  By Vehicle Type

7.3.5.    Spain Commercial Vehicle Active 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 Type

7.3.5.2.2.  By Demand Category

7.3.5.2.3.  By Vehicle Type

8.    Asia Pacific Commercial Vehicle Active Power Steering Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Type

8.2.2.  By Demand Category

8.2.3.  By Vehicle Type

8.2.4.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Commercial Vehicle Active 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 Type

8.3.1.2.2.  By Demand Category

8.3.1.2.3.  By Vehicle Type

8.3.2.    India Commercial Vehicle Active 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 Type

8.3.2.2.2.  By Demand Category

8.3.2.2.3.  By Vehicle Type

8.3.3.    Japan Commercial Vehicle Active 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 Type

8.3.3.2.2.  By Demand Category

8.3.3.2.3.  By Vehicle Type

8.3.4.    South Korea Commercial Vehicle Active 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 Type

8.3.4.2.2.  By Demand Category

8.3.4.2.3.  By Vehicle Type

8.3.5.    Australia Commercial Vehicle Active 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 Type

8.3.5.2.2.  By Demand Category

8.3.5.2.3.  By Vehicle Type

9.    Middle East & Africa Commercial Vehicle Active Power Steering Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Type

9.2.2.  By Demand Category

9.2.3.  By Vehicle Type

9.2.4.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Commercial Vehicle Active 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 Type

9.3.1.2.2.  By Demand Category

9.3.1.2.3.  By Vehicle Type

9.3.2.    UAE Commercial Vehicle Active 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 Type

9.3.2.2.2.  By Demand Category

9.3.2.2.3.  By Vehicle Type

9.3.3.    South Africa Commercial Vehicle Active 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 Type

9.3.3.2.2.  By Demand Category

9.3.3.2.3.  By Vehicle Type

10.    South America Commercial Vehicle Active Power Steering Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Demand Category

10.2.3.  By Vehicle Type

10.2.4.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Commercial Vehicle Active 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 Type

10.3.1.2.2.  By Demand Category

10.3.1.2.3.  By Vehicle Type

10.3.2.    Colombia Commercial Vehicle Active 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 Type

10.3.2.2.2.  By Demand Category

10.3.2.2.3.  By Vehicle Type

10.3.3.    Argentina Commercial Vehicle Active 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 Type

10.3.3.2.2.  By Demand Category

10.3.3.2.3.  By Vehicle Type

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 Commercial Vehicle Active 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.  Emerson Electric Co.

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.  Honeywell International Inc

15.3.  General Electric Company

15.4.  Schneider Electric SE

15.5.  Siemens AG

15.6.  Yokogawa Electric

15.7.  ABB Ltd

15.8.  Halliburton Corporation

15.9.  Schlumberger NV

15.10.  Baker Hughes Company

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Commercial Vehicle Active Power Steering Market was estimated to be USD 6.53 Billion in 2025.

Asia Pacific is the dominating region in the Global Commercial Vehicle Active Power Steering Market.

Hydraulic Power Steering (HPS) segment is the fastest growing segment in the Global Commercial Vehicle Active Power Steering Market.

The Global Commercial Vehicle Active Power Steering Market is expected to grow at 6.34% between 2026 to 2031.

Related Reports

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.