This industry study presents the global Automotive Steering Pumps market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Steering Pumps production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Steering Pumps in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Bosch, Nexteer, etc.
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.
Global Automotive Steering Pumps market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Automotive Steering Pumps.
The following manufacturers are covered in this report:
Melling Tool Company
Hitachi Automotive Systems Americas
ATS Automation Tooling Systems
Automotive Steering Pumps Breakdown Data by Type
Mechanical Hydraulic Power Steering
Electronic Hydraulic Power Steering
Electric Power Steering
Automotive Steering Pumps Breakdown Data by Application
Automotive Steering Pumps Production by Region
Automotive Steering Pumps Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Steering Pumps status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Steering Pumps manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers 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 strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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 :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Steering Pumps market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.