About Hydraulic Steering System
Hydraulic steering includes conventional rack and pinion steering, uses hydraulic pressure from the engine pump, and is used to help the motion of the steering wheel. It is predominantly used in heavy commercial vehicles.
Technavio’s analysts forecast the global hydraulic steering system market to grow at a CAGR of 1.72% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global hydraulic steering system market for 2017-2021. To calculate the market size, the report considers the new installations and sales volume of passenger cars, LCVs, and M&HCVs.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Hydraulic Steering System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ZF Friedrichshafen
• GKN
• Nexteer Automotive
• ThyssenKrupp
Other prominent vendors
• ATS
• JTEKT
• Robert Bosch
• thyssenKrupp Presta
• Hyundai Mobis
• Mando
Market driver
• High penetration of hydraulic power steering in commercial vehicles
• For a full, detailed list, view our report
Market challenge
• Increasing penetration of EPS system
• For a full, detailed list, view our report
Market trend
• Growing pursuit of EHPS in heavy commercial vehicles
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by product
• Global hydraulic steering system market by passenger cars
• Global hydraulic steering system market by LCVs
• Global hydraulic steering system market by M&HCVs
PART 07: Geographical segmentation
• Global hydraulic steering system market by geography
• Hydraulic steering system market in APAC
• Hydraulic steering system market in Americas
• Hydraulic steering system market in EMEA
PART 08: Market drivers
• Increasing sales of body-on-frame SUVs
• High penetration of hydraulic power steering in commercial vehicles
• Growing preference for M&HCVs for transporting freight
PART 09: Impact of drivers
PART 10: Market challenges
• Increasing penetration of EPS system
• Growing car-sharing services in China, India, and Brazil
• Rise in number of on-demand taxi operators
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Growing pursuit of EHPS in heavy commercial vehicles
• Increasing penetration of steer-by-wire technology
• Rise in electrification of mechanical components
PART 13: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 14: Key vendor analysis
• ZF Friedrichshafen
• GKN
• Nexteer Automotive
• thyssenKrupp
PART 15: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Segmentation of hydraulic steering system market
Exhibit 02: Global hydraulic steering system market 2016-2021 (millions of units)
Exhibit 03: Five forces analysis
Exhibit 04: Global hydraulic steering system market: Segmentation by product 2016 (% share)
Exhibit 05: Global hydraulic steering system market by passenger cars 2016-2021 (millions of units)
Exhibit 06: Global hydraulic steering system market by LCVs 2016-2021 (millions of units)
Exhibit 07: Global hydraulic steering system market by M&HCVs 2016- 2021 (millions of units)
Exhibit 08: Global hydraulic steering system market by geography 2016 (%)
Exhibit 09: Hydraulic steering system market in APAC 2016-2021 (millions of units)
Exhibit 10: Hydraulic steering system market in Americas 2016-2021 (millions of units)
Exhibit 11: Hydraulic steering system market in EMEA 2016-2021 (millions of units)
Exhibit 12: Impact of drivers
Exhibit 13: Impact of drivers and challenges
Exhibit 14: ZF Friedrichshafen: Product portfolio
Exhibit 15: ZF Friedrichshafen: Business segmentation by revenue 2016
Exhibit 16: ZF Friedrichshafen: Recent developments
Exhibit 17: GKN: Product overview
Exhibit 18: GKN: Business segmentation by revenue 2016
Exhibit 19: GKN: Sales by product group
Exhibit 20: GKN: Geographical segmentation by revenue 2016
Exhibit 21: GKN: Recent development
Exhibit 22: Nexteer Automotive: Product segmentation by revenue 2016
Exhibit 23: Nexteer Automotive: Geographical segmentation by revenue 2016
Exhibit 24: Nexteer Automotive: Automotive steering system product portfolio
Exhibit 25: Nexteer Automotive: Recent development
Exhibit 26: thyssenKrupp: Business segmentation by revenue 2016
Exhibit 27: thyssenKrupp: Geographical segmentation by revenue 2016
Exhibit 28: thyssenKrupp: Recent developments
