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Car Hydraulic Steering System-Global Market Insights and Sales Trends 2024
Synopsis
Hydraulic steering system is a common car power steering system that uses hydraulic force to assist the driver in steering operations. Especially when driving at low speed or parking, the power assist effect of the hydraulic steering system is more significant.
The global Car Hydraulic Steering System 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 Car Hydraulic Steering System in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Car Hydraulic Steering System market. Pure Hydraulic Steering System, 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 Electro-Hydraulic Steering System 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 Car Hydraulic Steering System, 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 Car Hydraulic Steering System 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 Car Hydraulic Steering System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Car Hydraulic Steering System 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 Car Hydraulic Steering System covered in this report include JTEKT, Bosch, Nexteer, ZF, Showa and Thyssenkrupp, etc.
The global Car Hydraulic Steering System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
JTEKT
Bosch
Nexteer
ZF
Showa
Thyssenkrupp
Global Car Hydraulic Steering System 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 Car Hydraulic Steering System market, Segment by Type:
Pure Hydraulic Steering System
Electro-Hydraulic Steering System
Global Car Hydraulic Steering System market, by Application
Passenger Vehicle
Commercial Vehicle
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 Car Hydraulic Steering System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Car Hydraulic Steering System 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.
Hydraulic steering system is a common car power steering system that uses hydraulic force to assist the driver in steering operations. Especially when driving at low speed or parking, the power assist effect of the hydraulic steering system is more significant.
The global Car Hydraulic Steering System 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 Car Hydraulic Steering System in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Car Hydraulic Steering System market. Pure Hydraulic Steering System, 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 Electro-Hydraulic Steering System 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 Car Hydraulic Steering System, 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 Car Hydraulic Steering System 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 Car Hydraulic Steering System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Car Hydraulic Steering System 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 Car Hydraulic Steering System covered in this report include JTEKT, Bosch, Nexteer, ZF, Showa and Thyssenkrupp, etc.
The global Car Hydraulic Steering System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
JTEKT
Bosch
Nexteer
ZF
Showa
Thyssenkrupp
Global Car Hydraulic Steering System 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 Car Hydraulic Steering System market, Segment by Type:
Pure Hydraulic Steering System
Electro-Hydraulic Steering System
Global Car Hydraulic Steering System market, by Application
Passenger Vehicle
Commercial Vehicle
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 Car Hydraulic Steering System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Car Hydraulic Steering System 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 Car Hydraulic Steering System Market Overview
1.1 Car Hydraulic Steering System Product Overview
1.2 Car Hydraulic Steering System Market Segment by Type
1.2.1 Pure Hydraulic Steering System
1.2.2 Electro-Hydraulic Steering System
1.3 Global Car Hydraulic Steering System Market Size by Type
1.3.1 Global Car Hydraulic Steering System Market Size Overview by Type (2018-2029)
1.3.2 Global Car Hydraulic Steering System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Car Hydraulic Steering System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Car Hydraulic Steering System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Car Hydraulic Steering System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Car Hydraulic Steering System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Car Hydraulic Steering System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Car Hydraulic Steering System Sales Breakdown by Type (2018-2023)
2 Global Car Hydraulic Steering System Market Competition by Company
2.1 Global Top Players by Car Hydraulic Steering System Sales (2018-2023)
2.2 Global Top Players by Car Hydraulic Steering System Revenue (2018-2023)
2.3 Global Top Players by Car Hydraulic Steering System Price (2018-2023)
2.4 Global Top Manufacturers Car Hydraulic Steering System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Car Hydraulic Steering System Market Competitive Situation and Trends
2.5.1 Car Hydraulic Steering System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Car Hydraulic Steering System 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 Car Hydraulic Steering System as of 2022)
2.7 Date of Key Manufacturers Enter into Car Hydraulic Steering System Market
2.8 Key Manufacturers Car Hydraulic Steering System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Car Hydraulic Steering System Status and Outlook by Region
3.1 Global Car Hydraulic Steering System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Car Hydraulic Steering System Historic Market Size by Region
3.2.1 Global Car Hydraulic Steering System Sales in Volume by Region (2018-2023)
3.2.2 Global Car Hydraulic Steering System Sales in Value by Region (2018-2023)
3.2.3 Global Car Hydraulic Steering System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Car Hydraulic Steering System Forecasted Market Size by Region
3.3.1 Global Car Hydraulic Steering System Sales in Volume by Region (2024-2029)
3.3.2 Global Car Hydraulic Steering System Sales in Value by Region (2024-2029)
3.3.3 Global Car Hydraulic Steering System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Car Hydraulic Steering System by Application
4.1 Car Hydraulic Steering System Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Car Hydraulic Steering System Market Size by Application
4.2.1 Global Car Hydraulic Steering System Market Size Overview by Application (2018-2029)
4.2.2 Global Car Hydraulic Steering System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Car Hydraulic Steering System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Car Hydraulic Steering System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Car Hydraulic Steering System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Car Hydraulic Steering System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Car Hydraulic Steering System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Car Hydraulic Steering System Sales Breakdown by Application (2018-2023)
5 North America Car Hydraulic Steering System by Country
5.1 North America Car Hydraulic Steering System Historic Market Size by Country
5.1.1 North America Car Hydraulic Steering System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Car Hydraulic Steering System Sales in Volume by Country (2018-2023)
5.1.3 North America Car Hydraulic Steering System Sales in Value by Country (2018-2023)
5.2 North America Car Hydraulic Steering System Forecasted Market Size by Country
5.2.1 North America Car Hydraulic Steering System Sales in Volume by Country (2024-2029)
5.2.2 North America Car Hydraulic Steering System Sales in Value by Country (2024-2029)
6 Europe Car Hydraulic Steering System by Country
6.1 Europe Car Hydraulic Steering System Historic Market Size by Country
6.1.1 Europe Car Hydraulic Steering System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Car Hydraulic Steering System Sales in Volume by Country (2018-2023)
6.1.3 Europe Car Hydraulic Steering System Sales in Value by Country (2018-2023)
6.2 Europe Car Hydraulic Steering System Forecasted Market Size by Country
6.2.1 Europe Car Hydraulic Steering System Sales in Volume by Country (2024-2029)
6.2.2 Europe Car Hydraulic Steering System Sales in Value by Country (2024-2029)
7 Asia-Pacific Car Hydraulic Steering System by Region
7.1 Asia-Pacific Car Hydraulic Steering System Historic Market Size by Region
7.1.1 Asia-Pacific Car Hydraulic Steering System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Car Hydraulic Steering System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Car Hydraulic Steering System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Car Hydraulic Steering System Forecasted Market Size by Region
7.2.1 Asia-Pacific Car Hydraulic Steering System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Car Hydraulic Steering System Sales in Value by Region (2024-2029)
8 Latin America Car Hydraulic Steering System by Country
8.1 Latin America Car Hydraulic Steering System Historic Market Size by Country
8.1.1 Latin America Car Hydraulic Steering System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Car Hydraulic Steering System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Car Hydraulic Steering System Sales in Value by Country (2018-2023)
8.2 Latin America Car Hydraulic Steering System Forecasted Market Size by Country
8.2.1 Latin America Car Hydraulic Steering System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Car Hydraulic Steering System Sales in Value by Country (2024-2029)
9 Middle East and Africa Car Hydraulic Steering System by Country
9.1 Middle East and Africa Car Hydraulic Steering System Historic Market Size by Country
9.1.1 Middle East and Africa Car Hydraulic Steering System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Car Hydraulic Steering System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Car Hydraulic Steering System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Car Hydraulic Steering System Forecasted Market Size by Country
9.2.1 Middle East and Africa Car Hydraulic Steering System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Car Hydraulic Steering System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 JTEKT
10.1.1 JTEKT Company Information
10.1.2 JTEKT Introduction and Business Overview
10.1.3 JTEKT Car Hydraulic Steering System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 JTEKT Car Hydraulic Steering System Products Offered
10.1.5 JTEKT Recent Development
10.2 Bosch
10.2.1 Bosch Company Information
10.2.2 Bosch Introduction and Business Overview
10.2.3 Bosch Car Hydraulic Steering System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bosch Car Hydraulic Steering System Products Offered
10.2.5 Bosch Recent Development
10.3 Nexteer
10.3.1 Nexteer Company Information
10.3.2 Nexteer Introduction and Business Overview
10.3.3 Nexteer Car Hydraulic Steering System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Nexteer Car Hydraulic Steering System Products Offered
10.3.5 Nexteer Recent Development
10.4 ZF
10.4.1 ZF Company Information
10.4.2 ZF Introduction and Business Overview
10.4.3 ZF Car Hydraulic Steering System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ZF Car Hydraulic Steering System Products Offered
10.4.5 ZF Recent Development
10.5 Showa
10.5.1 Showa Company Information
10.5.2 Showa Introduction and Business Overview
10.5.3 Showa Car Hydraulic Steering System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Showa Car Hydraulic Steering System Products Offered
10.5.5 Showa Recent Development
10.6 Thyssenkrupp
10.6.1 Thyssenkrupp Company Information
10.6.2 Thyssenkrupp Introduction and Business Overview
10.6.3 Thyssenkrupp Car Hydraulic Steering System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Thyssenkrupp Car Hydraulic Steering System Products Offered
10.6.5 Thyssenkrupp Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Car Hydraulic Steering System 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 Car Hydraulic Steering System Industrial Chain Analysis
11.4 Car Hydraulic Steering System Market Dynamics
11.4.1 Car Hydraulic Steering System Industry Trends
11.4.2 Car Hydraulic Steering System Market Drivers
11.4.3 Car Hydraulic Steering System Market Challenges
11.4.4 Car Hydraulic Steering System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Car Hydraulic Steering System Distributors
12.3 Car Hydraulic Steering System 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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