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Automotive Steering Pumps-Global Market Insights and Sales Trends 2024
Synopsis
In automobiles, power steering is a device that helps drivers steer by augmenting steering effort of the steering wheel.
The global Automotive Steering Pumps market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Steering Pumps in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Automotive Steering Pumps market. Mechanical Hydraulic Power Steering, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electronic Hydraulic Power Steering segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Steering Pumps, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Steering Pumps market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Steering Pumps market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Steering Pumps sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Steering Pumps covered in this report include Bosch, Nexteer, ZF, JTEKT Corporation, Aisin Seiki, Denso, Delphi, Johnson Electric and GKN Group, etc.
The global Automotive Steering Pumps market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Nexteer
ZF
JTEKT Corporation
Aisin Seiki
Denso
Delphi
Johnson Electric
GKN Group
Magna
Melling Tool Company
Hitachi Automotive Systems Americas
ATS Automation Tooling Systems
Global Automotive Steering Pumps market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Steering Pumps market, Segment by Type:
Mechanical Hydraulic Power Steering
Electronic Hydraulic Power Steering
Electric Power Steering
Global Automotive Steering Pumps market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Steering Pumps manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Steering Pumps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
In automobiles, power steering is a device that helps drivers steer by augmenting steering effort of the steering wheel.
The global Automotive Steering Pumps market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Steering Pumps in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Automotive Steering Pumps market. Mechanical Hydraulic Power Steering, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electronic Hydraulic Power Steering segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Steering Pumps, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Steering Pumps market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Steering Pumps market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Steering Pumps sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Steering Pumps covered in this report include Bosch, Nexteer, ZF, JTEKT Corporation, Aisin Seiki, Denso, Delphi, Johnson Electric and GKN Group, etc.
The global Automotive Steering Pumps market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Nexteer
ZF
JTEKT Corporation
Aisin Seiki
Denso
Delphi
Johnson Electric
GKN Group
Magna
Melling Tool Company
Hitachi Automotive Systems Americas
ATS Automation Tooling Systems
Global Automotive Steering Pumps market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Steering Pumps market, Segment by Type:
Mechanical Hydraulic Power Steering
Electronic Hydraulic Power Steering
Electric Power Steering
Global Automotive Steering Pumps market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Steering Pumps manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Steering Pumps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Steering Pumps Market Overview
1.1 Automotive Steering Pumps Product Overview
1.2 Automotive Steering Pumps Market Segment by Type
1.2.1 Mechanical Hydraulic Power Steering
1.2.2 Electronic Hydraulic Power Steering
1.2.3 Electric Power Steering
1.3 Global Automotive Steering Pumps Market Size by Type
1.3.1 Global Automotive Steering Pumps Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Steering Pumps Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Steering Pumps Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Steering Pumps Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Steering Pumps Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Steering Pumps Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Steering Pumps Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Steering Pumps Sales Breakdown by Type (2018-2023)
2 Global Automotive Steering Pumps Market Competition by Company
2.1 Global Top Players by Automotive Steering Pumps Sales (2018-2023)
2.2 Global Top Players by Automotive Steering Pumps Revenue (2018-2023)
2.3 Global Top Players by Automotive Steering Pumps Price (2018-2023)
2.4 Global Top Manufacturers Automotive Steering Pumps Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Steering Pumps Market Competitive Situation and Trends
2.5.1 Automotive Steering Pumps Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Steering Pumps Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Steering Pumps as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Steering Pumps Market
2.8 Key Manufacturers Automotive Steering Pumps Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Steering Pumps Status and Outlook by Region
3.1 Global Automotive Steering Pumps Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Steering Pumps Historic Market Size by Region
3.2.1 Global Automotive Steering Pumps Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Steering Pumps Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Steering Pumps Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Steering Pumps Forecasted Market Size by Region
3.3.1 Global Automotive Steering Pumps Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Steering Pumps Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Steering Pumps Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Steering Pumps by Application
4.1 Automotive Steering Pumps Market Segment by Application
4.1.1 Passenger Cars
4.1.2 Commercial Vehicles
4.2 Global Automotive Steering Pumps Market Size by Application
4.2.1 Global Automotive Steering Pumps Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Steering Pumps Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Steering Pumps Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Steering Pumps Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Steering Pumps Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Steering Pumps Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Steering Pumps Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Steering Pumps Sales Breakdown by Application (2018-2023)
5 North America Automotive Steering Pumps by Country
5.1 North America Automotive Steering Pumps Historic Market Size by Country
5.1.1 North America Automotive Steering Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Steering Pumps Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Steering Pumps Sales in Value by Country (2018-2023)
5.2 North America Automotive Steering Pumps Forecasted Market Size by Country
5.2.1 North America Automotive Steering Pumps Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Steering Pumps Sales in Value by Country (2024-2029)
6 Europe Automotive Steering Pumps by Country
6.1 Europe Automotive Steering Pumps Historic Market Size by Country
6.1.1 Europe Automotive Steering Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Steering Pumps Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Steering Pumps Sales in Value by Country (2018-2023)
6.2 Europe Automotive Steering Pumps Forecasted Market Size by Country
6.2.1 Europe Automotive Steering Pumps Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Steering Pumps Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Steering Pumps by Region
7.1 Asia-Pacific Automotive Steering Pumps Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Steering Pumps Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Steering Pumps Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Steering Pumps Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Steering Pumps Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Steering Pumps Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Steering Pumps Sales in Value by Region (2024-2029)
8 Latin America Automotive Steering Pumps by Country
8.1 Latin America Automotive Steering Pumps Historic Market Size by Country
8.1.1 Latin America Automotive Steering Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Steering Pumps Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Steering Pumps Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Steering Pumps Forecasted Market Size by Country
8.2.1 Latin America Automotive Steering Pumps Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Steering Pumps Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Steering Pumps by Country
9.1 Middle East and Africa Automotive Steering Pumps Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Steering Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Steering Pumps Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Steering Pumps Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Steering Pumps Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Steering Pumps Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Steering Pumps Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bosch
10.1.1 Bosch Company Information
10.1.2 Bosch Introduction and Business Overview
10.1.3 Bosch Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bosch Automotive Steering Pumps Products Offered
10.1.5 Bosch Recent Development
10.2 Nexteer
10.2.1 Nexteer Company Information
10.2.2 Nexteer Introduction and Business Overview
10.2.3 Nexteer Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Nexteer Automotive Steering Pumps Products Offered
10.2.5 Nexteer Recent Development
10.3 ZF
10.3.1 ZF Company Information
10.3.2 ZF Introduction and Business Overview
10.3.3 ZF Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ZF Automotive Steering Pumps Products Offered
10.3.5 ZF Recent Development
10.4 JTEKT Corporation
10.4.1 JTEKT Corporation Company Information
10.4.2 JTEKT Corporation Introduction and Business Overview
10.4.3 JTEKT Corporation Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.4.4 JTEKT Corporation Automotive Steering Pumps Products Offered
10.4.5 JTEKT Corporation Recent Development
10.5 Aisin Seiki
10.5.1 Aisin Seiki Company Information
10.5.2 Aisin Seiki Introduction and Business Overview
10.5.3 Aisin Seiki Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Aisin Seiki Automotive Steering Pumps Products Offered
10.5.5 Aisin Seiki Recent Development
10.6 Denso
10.6.1 Denso Company Information
10.6.2 Denso Introduction and Business Overview
10.6.3 Denso Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Denso Automotive Steering Pumps Products Offered
10.6.5 Denso Recent Development
10.7 Delphi
10.7.1 Delphi Company Information
10.7.2 Delphi Introduction and Business Overview
10.7.3 Delphi Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Delphi Automotive Steering Pumps Products Offered
10.7.5 Delphi Recent Development
10.8 Johnson Electric
10.8.1 Johnson Electric Company Information
10.8.2 Johnson Electric Introduction and Business Overview
10.8.3 Johnson Electric Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Johnson Electric Automotive Steering Pumps Products Offered
10.8.5 Johnson Electric Recent Development
10.9 GKN Group
10.9.1 GKN Group Company Information
10.9.2 GKN Group Introduction and Business Overview
10.9.3 GKN Group Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.9.4 GKN Group Automotive Steering Pumps Products Offered
10.9.5 GKN Group Recent Development
10.10 Magna
10.10.1 Magna Company Information
10.10.2 Magna Introduction and Business Overview
10.10.3 Magna Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Magna Automotive Steering Pumps Products Offered
10.10.5 Magna Recent Development
10.11 Melling Tool Company
10.11.1 Melling Tool Company Company Information
10.11.2 Melling Tool Company Introduction and Business Overview
10.11.3 Melling Tool Company Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Melling Tool Company Automotive Steering Pumps Products Offered
10.11.5 Melling Tool Company Recent Development
10.12 Hitachi Automotive Systems Americas
10.12.1 Hitachi Automotive Systems Americas Company Information
10.12.2 Hitachi Automotive Systems Americas Introduction and Business Overview
10.12.3 Hitachi Automotive Systems Americas Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hitachi Automotive Systems Americas Automotive Steering Pumps Products Offered
10.12.5 Hitachi Automotive Systems Americas Recent Development
10.13 ATS Automation Tooling Systems
10.13.1 ATS Automation Tooling Systems Company Information
10.13.2 ATS Automation Tooling Systems Introduction and Business Overview
10.13.3 ATS Automation Tooling Systems Automotive Steering Pumps Sales, Revenue and Gross Margin (2018-2023)
10.13.4 ATS Automation Tooling Systems Automotive Steering Pumps Products Offered
10.13.5 ATS Automation Tooling Systems Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Steering Pumps Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Steering Pumps Industrial Chain Analysis
11.4 Automotive Steering Pumps Market Dynamics
11.4.1 Automotive Steering Pumps Industry Trends
11.4.2 Automotive Steering Pumps Market Drivers
11.4.3 Automotive Steering Pumps Market Challenges
11.4.4 Automotive Steering Pumps Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Steering Pumps Distributors
12.3 Automotive Steering Pumps Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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