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