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Rear Axle Steering Market Size, Share, Growth, Statistics, Revenue and Industry Analysis Report by 2032
Rear Axle Steering Market
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Top Impacting Factors
➡️Rise in demand for safety of vehicle passengers as per government mandates, rising penetration of electric vehicles and high demand for pickups and SUVs are driving the global rear axle steering market.
➡️Limited load-bearing capacity of EPS system and high maintenance cost is anticipated to hamper the global rear axle steering market.
➡️Use of EPS systems in commercial vehicles can act as a bright opportunity in the future as it is fuel -efficient and more reliable than HPS systems.
Market Trends
Electric Rear Axle System
German organization ZF Friedrichshafen AG, using its module Vision Zero idea vehicle to grandstand a few additional securities and zero nearby outflows innovations. The vehicle includes a 150-kilowatt electric hub drive framework for the dynamic speed increase. The whole impetus framework, including the organized force gadgets, is housed in a space-saving measured ZF back hub framework called mSTARS (secluded semi-following arm back suspension). This modular axle system makes it easier to affect volume production vehicle platforms. The system offers vehicle manufacturers the opportunity to respond to a diverse range of market requirements using just one car platform variant. The Vision Zero Vehicle is built on a volume production platform for compact and mid-size cars. The plan opens up establishment space between the back tires because of its unique fundamental connection plan and separate spring damper setup. This implies that ZF's electric drive fits easily into the mSTARS framework pivot transporter. The mSTARS axle also features a high level of driving dynamics and safety, delivering the performance of costlier, conventional multi-link axles typically used for compact premium and sports vehicles. ZF's AKC active rear-axle steering mechanism, combined with any modular axle configuration, improves agility, comfort, and stability.
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By Product Type
Central Actuator
Dual Actuator
By Vehicle Type
Passenger Vehicle
Light Commercial Vehicle
▪️Pick Up Trucks
▪️Vans
▪️Others
Heavy Commercial Vehicle
By System Type
Electrohydraulic Steering System
Hydraulic Cylinder and Power Unit
Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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Key Market Players
servicomfort,
Nexteer Automotive,
Dana Corporation,
Pacific West,
Bosch,
Delphi Automotive,
Cataler Corporation,
GKN,
Continental,
ZF Friedrichshafen
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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