In automobiles, power steering is a device that helps drivers steer by augmenting steering effort of the steering wheel.
The passenger cars segment accounted for the major shares of the automotive steering pump market. Factors such as the increased demand for passenger cars in the developing countries such as China, India, Indonesia, Mexico, and Thailand will contribute to the growth of this industry segment in the coming years.
In terms of geographic regions, APAC will be the major revenue contributor to the automotive steering pump market throughout the forecast period. The rising disposable incomes of middle-class families, increased initiatives to lower the carbon emissions and improve the fuel efficiency of vehicles will drive the market growth in the region.
In 2019, the market size of Automotive Steering Pumps is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automotive Steering Pumps.
This report studies the global market size of Automotive Steering Pumps, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Automotive Steering Pumps production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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
Market Segment by Product Type
Mechanical Hydraulic Power Steering
Electronic Hydraulic Power Steering
Electric Power Steering
Market Segment by Application
Passenger Cars
Commercial Vehicles
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Automotive Steering Pumps status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Automotive Steering Pumps manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Automotive Steering Pumps are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Automotive Steering Pumps. Industry analysis & Market Report on Automotive Steering Pumps is a syndicated market report, published as Global (United States, European Union and China) Automotive Steering Pumps Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Automotive Steering Pumps market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.