Strategic Insight of Electrically Actuated Power Steering for Light and Medium Commercial Vehicles in Europe

Strategic Insight of Electrically Actuated Power Steering for Light and Medium Commercial Vehicles in Europe

Half of LCVs and MCVs to Offer Electrically Actuated Steering by 2021

RELEASE DATE
30-Sep-2015
REGION
Europe
Research Code: MB4C-01-00-00-00
SKU: AU00011-EU-MR_08565
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Description

Most of the commercial vehicles operating in the light (LCV) and medium (MCV) range are predominantly steered by hydraulic power steering (HPS). Very few LCVs use an electrified steering solution, while none of the MCVs are able to use electrified steering because of the front axle. This research looks in the potential for steering electrification and the potential for add-on steering modules such as iHSA. This research is based on secondary and primary data collected from LCV and MCV OEMs active in the European market. The research covers market trends for steering electrification and OEM technology preferences as well as key conclusions, outlooks, and predictions. The base year of the study is 2014, with forecasts up to 2021.

Table of Contents

Executive Summary—Key Findings

Key Findings and Future Outlook

Steering Electrification Market Evolution for LCV and MCV

Benefits of Add-on Steering Module over Traditional Steering Systems

Key Findings from Frost & Sullivan’s 2014 Voice of Customer Study

Current and Future Outlook for Steering Electrification in Europe

Research Scope

Research Aims and Objectives

Key Questions this Study will Answer

Research Background

Research Methodology

Power Steering System Segmentation

Power Steering System Definitions

Power Steering System Definitions (continued)

Market Segmentation

Commercial Vehicle Safety Systems Technology Roadmap

Overview of Safety and Efficiency Improvement Solutions

Driver Shortage Leading to Need for Safety Systems

Health, Wellness, and Wellbeing of Ageing Truck Drivers

Advent of Autonomous Trucks Accelerates Electrification of Steering

Combined LCV and MCV Unit Shipment Forecast Scenario Analysis

Unit Shipment Breakdown by OEM and Product Types

Penetration of Electrically Actuated Solution in LCV Segment

Penetration of Electrically Actuated Solution in MCV Segment

Hours-of-Service (HOS) Rule

Insurer Perspective

Case Study 1—Scenario I: Replacing a Highly Experienced Driver with an Average Driver—7.5-ton MCV

Case Study 1—Scenario I: Replacing a Highly Experienced Driver with an Average Driver—7.5-ton MCV (continued)

Case Study 1—Scenario II: Replacing an Average Driver with an Inexperienced Driver—7.5-ton MCV

Case Study 1—Scenario II: Replacing an Averagely Driver with an Inexperienced Driver—7.5-ton MCV (continued)

Case Study 2—Scenario I: Replacing a Highly Experienced Driver with an Average Driver—17-ton MCV

Case Study 2—Scenario I: Replacing a Highly Experienced Driver with an Average Driver—17-ton MCV (continued)

Case Study 2—Scenario II: Replacing an Average Driver with an Inexperienced Driver—17-ton MCV

Case Study 2—Scenario II: Replacing an Average Driver with an Inexperienced Driver—17-ton MCV (continued)

Summary

OEM Profile—Daimler Group

OEM Profile—Fiat Professional

OEM Profile—Ford Group

OEM Profile—Volkswagen Group

Key Conclusions

Key Conclusions and Future Outlook

The Last Word—3 Big Predictions

Legal Disclaimer

Cost Split for a Highly Experienced Driver of a 7.5-ton MCV

Cost Split for an Average Driver of a 7.5-ton MCV

Cost Split for an Inexperienced Driver of a 7.5-ton MCV

Cost Split for a Highly Experienced Driver of a 17-ton MCV

Cost Split for an Average Driver of a 17-ton MCV

Cost Split for an Inexperienced Driver of a 17-ton MCV

Abbreviations and Acronyms Used

Abbreviations and Acronyms Used (continued)

Market Engineering Methodology

Most of the commercial vehicles operating in the light (LCV) and medium (MCV) range are predominantly steered by hydraulic power steering (HPS). Very few LCVs use an electrified steering solution, while none of the MCVs are able to use electrified steering because of the front axle. This research looks in the potential for steering electrification and the potential for add-on steering modules such as iHSA. This research is based on secondary and primary data collected from LCV and MCV OEMs active in the European market. The research covers market trends for steering electrification and OEM technology preferences as well as key conclusions, outlooks, and predictions. The base year of the study is 2014, with forecasts up to 2021.
More Information
No Index No
Podcast No
Author Manish Menon
Industries Automotive
WIP Number MB4C-01-00-00-00
Is Prebook No