Global Hydraulic Steering System Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

SKU ID : GIR-GIR1808030200 12956625

Publishing Date : 10-Jan-2019

No. of pages : 101


  • In automobiles, power steering is a device that helps drivers steer by augmenting steering effort of the steering wheel. Hydraulic or electric actuators add controlled energy to the steering mechanism, so the driver can provide less effort to turn the steered wheels when driving at typical speeds, and reduce considerably the physical effort necessary to turn the wheels when a vehicle is stopped or moving slowly. Power steering can also be engineered to provide some artificial feedback of forces acting on the steered wheels.

    Scope of the Report:
    This report focuses on the Hydraulic Steering System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
    The increased penetration of hydraulic power steering in commercial vehicles is one of the primary drivers for market growth. The conventional hydraulic power steering is largely used in heavy commercial vehicles. Most of the commercial vehicles utilize the hydraulic or the EHS system since the electric power steering (EPS) system has not exceeded the 15 kN barriers. Normally, the power required to steer a truck is more than a car, and there is a huge difference in the front axle load in trucks and cars. A standard car can carry up to 750 Kg, but heavy trucks can take up to 7,500 Kg. Therefore, hydraulic steering is the most common front axle steering for heavy commercial vehicles.
    APAC accounted for the major shares of the hydraulic steering system market during 2016 and will continue its dominance throughout the forecast period in the automotive steering system market. The utilization of the hydraulic steering system in full-size SUVs, LCVs, and M&HCVs and the high penetration in countries such as China, India, and Japan will drive the market’s growth in the region. Moreover, the rising adoption of electrohydraulic power steering (EHPS) in commercial vehicles and the development of similar system, will also contribute to the growth of the market in APAC.
    The worldwide market for Hydraulic Steering System is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.

    Market Segment by Manufacturers, this report covers
    ZF Friedrichshafen
    Nexteer Automotive

    Market Segment by Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

    Market Segment by Type, covers
    Hydraulic Helm Pump
    Hydraulic Cylinder
    Rigid or Flexible Hoses

    Market Segment by Applications, can be divided into
    Passenger Vehicle
    Light Commercial Vehicle
    Heavy Commercial Vehicle

    There are 15 Chapters to deeply display the global Hydraulic Steering System market.
    Chapter 1, to describe Hydraulic Steering System Introduction, product scope, market overview, market opportunities, market risk, market driving force;
    Chapter 2, to analyze the top manufacturers of Hydraulic Steering System, with sales, revenue, and price of Hydraulic Steering System, in 2016 and 2017;
    Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
    Chapter 4, to show the global market by regions, with sales, revenue and market share of Hydraulic Steering System, for each region, from 2013 to 2018;
    Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
    Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
    Chapter 12, Hydraulic Steering System market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
    Chapter 13, 14 and 15, to describe Hydraulic Steering System sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

    Frequently Asked Questions

    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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