Medium and Heavy-duty Truck Steering System Market

The Medium and Heavy-duty Truck Steering System Market is expected to grow in the next five years due to the increasing demand for heavy-duty trucks across various industries, particularly the transportation and logistics sector. With the advent of advanced technologies, the need for reliable and efficient steering systems has become an essential requirement in these trucks. The report suggests that the market will experience significant growth due to the increasing trend of using electric power steering systems in these vehicles. The market sir for Medium and Heavy-duty Truck Steering Systems is expected to grow from USD 2.10 Billion in 2024 to USD 2.44 Billion by 2027, at a CAGR of 5.20% during the forecast period.