Global Hydraulic Steering System Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2025

Report ID: BMRC 2372 | Number of pages: 198 | Publish Date: Jan 2020 | Publisher: BMRC | Category: Automotive and Transport
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The Hydraulic Steering System Market research report provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.

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.

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.

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 Hydraulic Steering System. This report studies the global market size of Hydraulic Steering System, 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 Hydraulic Steering System 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:

    ZF Friedrichshafen
    GKN
    Nexteer Automotive
    ThyssenKrupp

Market Segment by Product Type

    Hydraulic Helm Pump
    Hydraulic Cylinder
    Rigid or Flexible Hoses
    Others

Market Segment by Application

    Passenger Vehicle
    Light Commercial Vehicle
    Heavy Commercial Vehicle

In this study, the years considered to estimate the market size of Hydraulic Steering System are as follows:

    History Year: 2014-2018
    Base Year: 2018
    Estimated Year: 2019
    Forecast Year 2019 to 2025

The analysis provides an exhaustive investigation of the global Hydraulic Steering System market together with the future projections to assess the investment feasibility. Furthermore, the report includes both quantitative and qualitative analyses of the Hydraulic Steering System market throughout the forecast period. The report also comprehends business opportunities and scope for expansion. Besides this, it provides insights into market threats or barriers and the impact of regulatory framework to give an executive-level blueprint the Hydraulic Steering System market. This is done with an aim of helping companies in strategizing their decisions in a better way and finally attains their business goals.



The study objectives are:

    To analyze and research the Hydraulic Steering System 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 Hydraulic Steering System 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

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Table of Content

Chapter 1 Global Hydraulic Steering System Market: Summary and Quantitative Analysis 
1.1 Report Description 
1.2 Global Hydraulic Steering System Market Revenue Overview 
1.3 Global Hydraulic Steering System Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025 

Chapter 2 Global Hydraulic Steering System Market: Overview and Qualitative Analysis 
2.1 Executive Summary 
2.2 Market Drivers 
2.3 Market Restraints 
2.4 Market Opportunities 
2.5 Market Trends 
2.6 Global Hydraulic Steering System Market: SWOT Analysis 
2.7 Global Hydraulic Steering System Market: PEST Analysis 
2.7 Global Hydraulic Steering System Market: Porter’s Five Forces Analysis 
2.8 Global Hydraulic Steering System Market: Attractiveness Analysis 
2.8.1 Global Hydraulic Steering System Market: Attractiveness Analysis by Type 
2.8.2 Global Hydraulic Steering System Market: Attractiveness Analysis by Grade 
2.8.3 Global Hydraulic Steering System Market: Attractiveness Analysis by Regional 

Chapter 3 Competitive Analysis 
3.1 Global Hydraulic Steering System Market 
3.1.1 Global Hydraulic Steering System market Revenue (USD Billion), By Players 2018 
3.1.2 Global Hydraulic Steering System Market Revenue Share (%), By Players 2018 

Chapter 5 Global Hydraulic Steering System Market: By Product Type 
5.1 Global Hydraulic Steering System Market Share (%), By Product Type, 2018 
5.2 Global Hydraulic Steering System Market Revenue (USD Billion), By Product Type, 2015 – 2025 
5.3 Global Hydraulic Steering System Market Revenue (USD Billion), By Retro,2015-2025 
5.4 Global Hydraulic Steering System Market Revenue (USD Billion), By Standing/Self-Balancing, 2015-2025 
5.4 Global Hydraulic Steering System Market Revenue (USD Billion), By Folding, 2015-2025 
5.5 Global Hydraulic Steering System Market Revenue Share (%), By Product Type, 2015 – 2025 
5.6 Global Hydraulic Steering System Market Revenue Market Share (%), By Product Type, 2015-2025 

Chapter 6 Global Hydraulic Steering System Market: By Product Type 
6.1 Global Hydraulic Steering System Market Share (%), By Product Type, 2018 
6.2 Global Hydraulic Steering System Market Revenue (USD Billion), By Type, 2015 – 2025 

Chapter 7 North America Hydraulic Steering System Market Analysis 
7.1 North America Market Snapshot 
7.1.1 North America Hydraulic Steering System Market Revenue and Growth Rate (%), 2015-2025. 
7.1.2 North America Hydraulic Steering System Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
7.1.3 North America Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
7.1.5 North America Hydraulic Steering System  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
7.1.6 North America Hydraulic Steering System  Revenue (USD Billion) Overview, By Product Type , 2015-2025 

Chapter 8 Europe Hydraulic Steering System Market Analysis 
8.1 Europe Market Snapshot 
8.1.1 Europe Hydraulic Steering System Market Revenue and Growth Rate (%), 2015-2025. 
8.1.2 Europe Hydraulic Steering System Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
8.1.3 Europe Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
8.1.5 Europe Hydraulic Steering System  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
8.1.6 Europe Hydraulic Steering System  Revenue (USD Billion) Overview, By Type, 2015-2025 

Chapter 9 Asia Pacific Hydraulic Steering System Market Analysis 
9.1 Asia Pacific Market Snapshot 
9.1.1 Asia Pacific Hydraulic Steering System Market Revenue and Growth Rate (%), 2015-2025. 
9.1.2 Asia Pacific Hydraulic Steering System Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
9.1.3 Asia Pacific Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
9.1.5 Asia Pacific Hydraulic Steering System  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
9.1.6 Asia Pacific Hydraulic Steering System  Revenue (USD Billion) Overview, By Type, 2015-2025 

Chapter 10 Latin America Hydraulic Steering System Market Analysis 
10.1 Latin America Market Snapshot 
10.1.1 Latin America Hydraulic Steering System Market Revenue and Growth Rate (%), 2015-2025. 
10.1.2 Latin America Hydraulic Steering System Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
10.1.3 Latin America Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
10.1.5 Latin America Hydraulic Steering System  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
10.1.6 Latin America Hydraulic Steering System  Revenue (USD Billion) Overview, By Type, 2015-2025 

Chapter 11 Middle East & Africa Hydraulic Steering System Market Analysis 
11.1 Middle East & Africa Market Snapshot 
11.1.1 Middle East & Africa Hydraulic Steering System Market Revenue and Growth Rate (%), 2015-2025. 
11.1.2 Middle East & Africa Hydraulic Steering System Market Revenue (USD Billion) Overview, by Country, 2015 – 2025 
11.1.3 Middle East & Africa Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 

11.1.5 Middle East & Africa Hydraulic Steering System  Revenue (USD Billion) Overview, By Product Type, 2015-2025 
11.1.6 Middle East & Africa Hydraulic Steering System  Revenue (USD Billion) Overview, By Type, 2015-2025 

Chapter 12 Competitive Analysis 
12.1 Company 1.
12.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 
12.1.2 Company 1. Total Company Revenue 2015-2018 
12.1.3 Company 1. Total Company Revenue, By Segment of Business 2015-2018 
12.1.4 Company 1. Total Company Revenue, By Region 2015-2018 
12.1.5 Company 1. Global Hydraulic Steering System Product Category and Description 
12.1.6 Company 1. Recent Activity 2015-2019 
12.1.7 Main Business/Business Overview 
12.1.8 Business Strategy 
12.1.9 SWOT Analysis 
12.2 Company 2. 
12.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 
12.2.2 Company 2. Total Company Revenue 2015-2018 
12.2.3 Company 2. Total Company Revenue, By Segment of Business 2015-2018 
12.2.4 Company 2. Total Company Revenue, By Region 2015-2018 
12.2.5 Company 2. Global Hydraulic Steering System Product Category and Description 
12.2.6 Company 2. Recent Activity 2015-2019 
12.2.7 Main Business/Business Overview 
12.2.8 Business Strategy
12.2.9 SWOT Analysis 
12.3 Company 3 
12.3.1 Business Overview 
12.3.2 Company 3Market Product Category and Description & Specification 
12.3.3 Main Business/Business Overview 
12.3.4 Business Strategy 
12.3.5 SWOT Analysis 
12.4 Company 4. 
12.4.1 Business Overview 
12.4.2 Company 4.Company Total Company Revenue 2015-2018
12.4.3 Company 4.Company Total Company Revenue, By Segment of Business 2015-2018 
12.4.4 Company 4.Company Total Company Revenue, By Region of Business 2015-2018 
12.4.5 Company 4.Company Product Category, Specification and Description 
12.4.6 Company 4.Company Recent Mergers & Acquisitions (M&A) Activity 2015-2019 
12.4.7 Company 4.Company Main Business/Business Overview 
12.4.8 Business Strategy 
12.4.9 SWOT Analysis 
12.5 Company 5 
12.5.1 Business Overview 
12.5.2 Company 5 Company Net Sales 2015-2018 
12.5.3 Company 5 Company Net Sales, By Segment of Business 2011-2018 
12.5.4 Company 5 Company Net Sales, By Region 2015-2018 
12.5.5 Company 5  Hydraulic Steering System Market Product Category and Specification 
12.5.6 Company 5 Recent Mergers & Acquisitions (M&A) Activity 2015-2019 
12.5.7 Company 5 Main Business/Business Overview 
12.5.8 Business Strategy 
12.5.9 SWOT Analysis 
12.6 Company 6 
12.6.1 Business Overview 
12.6.2 Company 6 Hydraulic Steering System Market Product Category and Specification 
12.6.3 Company 6 Recent Mergers & Acquisitions (M&A) Activity 2015-2019 
12.6.4 Company 6 Main Business/Business Overview 
12.6.5 Business Strategy 
12.6.6 SWOT Analysis 

Chapter 13 Market Research  Findings & Conclusion 

Chapter 14 Research Methodology 
14.1 Research Process 
14.2 Primary Research 
14.3 Secondary Research 
14.4 Market Size Estimates 
14.5 Forecast Model 
14.7 Who is This Report For? 
14.8 USP’s of Report 
 
List of Figures 

FIG. 1 Global Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015- 2025 
FIG. 4 Global Hydraulic Steering System Market: Attractiveness Analysis By Product Type 
FIG. 5 Global Hydraulic Steering System Market: Attractiveness Analysis By Type 
FIG. 6 Global Hydraulic Steering System  Market: Attractiveness Analysis by Regional 
FIG. 7 Global Hydraulic Steering System Market 
FIG. 8 Global Hydraulic Steering System Market Share (%), By Product Type, 2018 
FIG. 9 Global Hydraulic Steering System Market Revenue (USD Billion), By Application, 2015-2025 
FIG. 10 Global Hydraulic Steering System Market Revenue (USD Billion), By End Use , 2015-2025 
FIG. 10 Global Hydraulic Steering System Market Revenue (USD Billion), By Type, 2015-2025
FIG. 11 Global Hydraulic Steering System Market Revenue Market Share (%), By Product Type, 2015-2025 
FIG. 20 North America Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 21 North America Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 22 Europe Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 23 Europe Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 24 Asia Pacific Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 25 Asia Pacific Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 26 Latin America Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 27 Latin America Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 28 Middle East & Africa Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015-2025. 
FIG. 29 Middle East & Africa Hydraulic Steering System Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025. 
FIG. 30 Company 1. Total Company Revenue 2015-2018 (USD Million, R & D Expenses %) 
FIG. 31 Company 1. Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %) 
FIG. 32 Company 1. Total Company Revenue, by Region 2015-2018 (USD Million, AGR %) 
FIG. 33 Company 2. Total Company Revenue 2015-2018 (USD Million) 
FIG. 34 Company 2. Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 35 Company 2. Total Company Revenue, by Region 2015-2018 (USD Million, AGR %) 119
FIG. 36 Company 3 Total Company Revenue 2015-2018 (USD Million) 
FIG. 37 Company 3 Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %) 
FIG. 38 Company 3 Total Company Revenue, by Region of Business 2015-2018 (USD Million, AGR %) 
FIG. 39 Company 4. Company Net Sales 2015-2018 (USD Million, R & D Expenses %) 
FIG. 40 Company 4. Company Net Sales, by Segment of Business 2015-2018 (USD Million, AGR %) 
FIG. 41 Company 4. Company Net Sales, by Region 2015-2018 (USD Million, AGR %) 
FIG. 42 Company 5 Total Company Revenue 2015-2018 (USD Million, R & D Expenses %) 
FIG. 43 Company 5 Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %) 
FIG. 44 Primary Research 
FIG. 45 Sources of Secondary Research 
FIG. 46 Forecast Model 

List of Tables

TABLE 1 Global Hydraulic Steering System Market Overview 
TABLE 2 Market Driver Impact Analysis 
TABLE 3 Market Restraints Impact Analysis 
TABLE 4 Global Hydraulic Steering System market Revenue (USD Billion), By Players2018 
TABLE 5 Global Hydraulic Steering System market Revenue Market share (%), By Players- 2018 
TABLE 6 Global Hydraulic Steering System Market Revenue (USD Billion), By Product Type, 2015 - 2025 
TABLE 7 Global Hydraulic Steering System Market Revenue Share (%), By Product Type, 2015 - 2025 
TABLE 8 Global Hydraulic Steering System Market Revenue (USD Billion), By Product Type, 2015 - 2025 
TABLE 9 Global Hydraulic Steering System Market Revenue Share (%), By Product Type, 2015 - 2025 
TABLE 10 Global Hydraulic Steering System Market Revenue (USD Billion), 2015 - 2025 
TABLE 11 Global Hydraulic Steering System Market Revenue Share (%), By , 2015 - 2025 
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