Global Commercial Vehicle Power Steering Pump Market Growth 2025-2031

Publication ID:

LPI08256950

Publication Date:

August 11, 2025

Pages:

107

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Automotive) [2]

Components [3]

Automotive [4]

Description:

The global Commercial Vehicle Power Steering Pump market size is predicted to grow from US$ 1788 million in 2025 to US$ 3107 million in 2031; it is expected to grow at a CAGR of 9.6% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Commercial Vehicle Power Steering Pump is the core component of the hydraulic power steering system (HPS). It generates high-pressure oil (usually 8-12MPa) through engine drive to achieve easy steering control of heavy vehicles (trucks/buses). The mainstream types include gear pumps (accounting for 65%) and vane pumps (accounting for 35%), with a life cycle of more than 500,000 kilometers.
United States market for Commercial Vehicle Power Steering Pump is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Commercial Vehicle Power Steering Pump is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Commercial Vehicle Power Steering Pump is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Commercial Vehicle Power Steering Pump players cover Evamo, Bosch Mobility, ZF Friedrichshafen AG, Concentric AB, JCMSTECH, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淐ommercial Vehicle Power Steering Pump Industry Forecast鈥� looks at past sales and reviews total world Commercial Vehicle Power Steering Pump sales in 2024, providing a comprehensive analysis by region and market sector of projected Commercial Vehicle Power Steering Pump sales for 2025 through 2031. With Commercial Vehicle Power Steering Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Vehicle Power Steering Pump industry.
This Insight Report provides a comprehensive analysis of the global Commercial Vehicle Power Steering Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Vehicle Power Steering Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Commercial Vehicle Power Steering Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Vehicle Power Steering Pump and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Vehicle Power Steering Pump.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Vehicle Power Steering Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Gear Pump
Vane Pump
Segmentation by Application:
Heavy Trucks
Large Buses
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Evamo
Bosch Mobility
ZF Friedrichshafen AG
Concentric AB
JCMSTECH
Hitachi Astemo, Ltd.
Nexteer
Quanxing Machining Group Co.,Ltd
NSK Global
KYB Corporation
Bomcar Auto
Cardone
Key Questions Addressed in this Report
What is the 10-year outlook for the global Commercial Vehicle Power Steering Pump market?
What factors are driving Commercial Vehicle Power Steering Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Commercial Vehicle Power Steering Pump market opportunities vary by end market size?
How does Commercial Vehicle Power Steering Pump break out by Type, by Application?

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Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Commercial Vehicle Power Steering Pump Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Commercial Vehicle Power Steering Pump by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Commercial Vehicle Power Steering Pump by Country/Region, 2020, 2024 & 2031
2.2 Commercial Vehicle Power Steering Pump Segment by Type
2.2.1 Gear Pump
2.2.2 Vane Pump
2.3 Commercial Vehicle Power Steering Pump Sales by Type
2.3.1 Global Commercial Vehicle Power Steering Pump Sales Market Share by Type (2020-2025)
2.3.2 Global Commercial Vehicle Power Steering Pump Revenue and Market Share by Type (2020-2025)
2.3.3 Global Commercial Vehicle Power Steering Pump Sale Price by Type (2020-2025)
2.4 Commercial Vehicle Power Steering Pump Segment by Application
2.4.1 Heavy Trucks
2.4.2 Large Buses
2.4.3 Others
2.5 Commercial Vehicle Power Steering Pump Sales by Application
2.5.1 Global Commercial Vehicle Power Steering Pump Sale Market Share by Application (2020-2025)
2.5.2 Global Commercial Vehicle Power Steering Pump Revenue and Market Share by Application (2020-2025)
2.5.3 Global Commercial Vehicle Power Steering Pump Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Commercial Vehicle Power Steering Pump Breakdown Data by Company
3.1.1 Global Commercial Vehicle Power Steering Pump Annual Sales by Company (2020-2025)
3.1.2 Global Commercial Vehicle Power Steering Pump Sales Market Share by Company (2020-2025)
3.2 Global Commercial Vehicle Power Steering Pump Annual Revenue by Company (2020-2025)
3.2.1 Global Commercial Vehicle Power Steering Pump Revenue by Company (2020-2025)
3.2.2 Global Commercial Vehicle Power Steering Pump Revenue Market Share by Company (2020-2025)
3.3 Global Commercial Vehicle Power Steering Pump Sale Price by Company
3.4 Key Manufacturers Commercial Vehicle Power Steering Pump Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Commercial Vehicle Power Steering Pump Product Location Distribution
3.4.2 Players Commercial Vehicle Power Steering Pump Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Commercial Vehicle Power Steering Pump by Geographic Region
4.1 World Historic Commercial Vehicle Power Steering Pump Market Size by Geographic Region (2020-2025)
4.1.1 Global Commercial Vehicle Power Steering Pump Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Commercial Vehicle Power Steering Pump Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Commercial Vehicle Power Steering Pump Market Size by Country/Region (2020-2025)
4.2.1 Global Commercial Vehicle Power Steering Pump Annual Sales by Country/Region (2020-2025)
4.2.2 Global Commercial Vehicle Power Steering Pump Annual Revenue by Country/Region (2020-2025)
4.3 Americas Commercial Vehicle Power Steering Pump Sales Growth
4.4 APAC Commercial Vehicle Power Steering Pump Sales Growth
4.5 Europe Commercial Vehicle Power Steering Pump Sales Growth
4.6 Middle East & Africa Commercial Vehicle Power Steering Pump Sales Growth
5 Americas
5.1 Americas Commercial Vehicle Power Steering Pump Sales by Country
5.1.1 Americas Commercial Vehicle Power Steering Pump Sales by Country (2020-2025)
5.1.2 Americas Commercial Vehicle Power Steering Pump Revenue by Country (2020-2025)
5.2 Americas Commercial Vehicle Power Steering Pump Sales by Type (2020-2025)
5.3 Americas Commercial Vehicle Power Steering Pump Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Commercial Vehicle Power Steering Pump Sales by Region
6.1.1 APAC Commercial Vehicle Power Steering Pump Sales by Region (2020-2025)
6.1.2 APAC Commercial Vehicle Power Steering Pump Revenue by Region (2020-2025)
6.2 APAC Commercial Vehicle Power Steering Pump Sales by Type (2020-2025)
6.3 APAC Commercial Vehicle Power Steering Pump Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Commercial Vehicle Power Steering Pump by Country
7.1.1 Europe Commercial Vehicle Power Steering Pump Sales by Country (2020-2025)
7.1.2 Europe Commercial Vehicle Power Steering Pump Revenue by Country (2020-2025)
7.2 Europe Commercial Vehicle Power Steering Pump Sales by Type (2020-2025)
7.3 Europe Commercial Vehicle Power Steering Pump Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Commercial Vehicle Power Steering Pump by Country
8.1.1 Middle East & Africa Commercial Vehicle Power Steering Pump Sales by Country (2020-2025)
8.1.2 Middle East & Africa Commercial Vehicle Power Steering Pump Revenue by Country (2020-2025)
8.2 Middle East & Africa Commercial Vehicle Power Steering Pump Sales by Type (2020-2025)
8.3 Middle East & Africa Commercial Vehicle Power Steering Pump Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Commercial Vehicle Power Steering Pump
10.3 Manufacturing Process Analysis of Commercial Vehicle Power Steering Pump
10.4 Industry Chain Structure of Commercial Vehicle Power Steering Pump
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Commercial Vehicle Power Steering Pump Distributors
11.3 Commercial Vehicle Power Steering Pump Customer
12 World Forecast Review for Commercial Vehicle Power Steering Pump by Geographic Region
12.1 Global Commercial Vehicle Power Steering Pump Market Size Forecast by Region
12.1.1 Global Commercial Vehicle Power Steering Pump Forecast by Region (2026-2031)
12.1.2 Global Commercial Vehicle Power Steering Pump Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Commercial Vehicle Power Steering Pump Forecast by Type (2026-2031)
12.7 Global Commercial Vehicle Power Steering Pump Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Evamo
13.1.1 Evamo Company Information
13.1.2 Evamo Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.1.3 Evamo Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Evamo Main Business Overview
13.1.5 Evamo Latest Developments
13.2 Bosch Mobility
13.2.1 Bosch Mobility Company Information
13.2.2 Bosch Mobility Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.2.3 Bosch Mobility Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Bosch Mobility Main Business Overview
13.2.5 Bosch Mobility Latest Developments
13.3 ZF Friedrichshafen AG
13.3.1 ZF Friedrichshafen AG Company Information
13.3.2 ZF Friedrichshafen AG Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.3.3 ZF Friedrichshafen AG Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 ZF Friedrichshafen AG Main Business Overview
13.3.5 ZF Friedrichshafen AG Latest Developments
13.4 Concentric AB
13.4.1 Concentric AB Company Information
13.4.2 Concentric AB Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.4.3 Concentric AB Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Concentric AB Main Business Overview
13.4.5 Concentric AB Latest Developments
13.5 JCMSTECH
13.5.1 JCMSTECH Company Information
13.5.2 JCMSTECH Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.5.3 JCMSTECH Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 JCMSTECH Main Business Overview
13.5.5 JCMSTECH Latest Developments
13.6 Hitachi Astemo, Ltd.
13.6.1 Hitachi Astemo, Ltd. Company Information
13.6.2 Hitachi Astemo, Ltd. Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.6.3 Hitachi Astemo, Ltd. Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Hitachi Astemo, Ltd. Main Business Overview
13.6.5 Hitachi Astemo, Ltd. Latest Developments
13.7 Nexteer
13.7.1 Nexteer Company Information
13.7.2 Nexteer Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.7.3 Nexteer Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Nexteer Main Business Overview
13.7.5 Nexteer Latest Developments
13.8 Quanxing Machining Group Co.,Ltd
13.8.1 Quanxing Machining Group Co.,Ltd Company Information
13.8.2 Quanxing Machining Group Co.,Ltd Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.8.3 Quanxing Machining Group Co.,Ltd Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Quanxing Machining Group Co.,Ltd Main Business Overview
13.8.5 Quanxing Machining Group Co.,Ltd Latest Developments
13.9 NSK Global
13.9.1 NSK Global Company Information
13.9.2 NSK Global Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.9.3 NSK Global Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 NSK Global Main Business Overview
13.9.5 NSK Global Latest Developments
13.10 KYB Corporation
13.10.1 KYB Corporation Company Information
13.10.2 KYB Corporation Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.10.3 KYB Corporation Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 KYB Corporation Main Business Overview
13.10.5 KYB Corporation Latest Developments
13.11 Bomcar Auto
13.11.1 Bomcar Auto Company Information
13.11.2 Bomcar Auto Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.11.3 Bomcar Auto Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Bomcar Auto Main Business Overview
13.11.5 Bomcar Auto Latest Developments
13.12 Cardone
13.12.1 Cardone Company Information
13.12.2 Cardone Commercial Vehicle Power Steering Pump Product Portfolios and Specifications
13.12.3 Cardone Commercial Vehicle Power Steering Pump Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Cardone Main Business Overview
13.12.5 Cardone Latest Developments
14 Research Findings and Conclusion

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