Global Automotive Steering Pump Market Become Dominant At CAGR Of 7.62% By 2021



"The Latest Research Report Global Automotive Steering Pump Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"


Automotive steering pumps assist the moment of power steering system by applying the principle of fluid mechanics. Steering pumps influence the performance, energy consumption, and noise level of the steering system in the vehicle. They are designed to maximize the highest delivery capacity and efficiency with a flat and compact design concept. Based on the type of vehicles, the global automotive steering pump market has been divided into three segments: passenger cars, LCVs, and M&HCVs.

Technavios analysts forecast the global automotive steering pump market to grow at a CAGR of 7.62% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive steering pump market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Automotive Steering Pump 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
Bosch
Nexteer
ZF

Other prominent vendors
Melling Tool Company
Hitachi Automotive Systems Americas
Power Steering Associates
JTEKT Corporation
GKN
ATS Automation Tooling Systems

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Market driver
High penetration of HPS in the commercial vehicle segment
For a full, detailed list, view our report

Market challenge
Increasing adoption of EPS systems
For a full, detailed list, view our report

Market trend
Electrification of mechanical components
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?

You can request one free hour of our analysts 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
Market outline
PART 05: MARKET LANDSCAPE
Market overview
Market size and forecast
Five forces analysis

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PART 06: MARKET SEGMENTATION BY PRODUCT
Market overview
Global automotive steering pump market by passenger cars
Global automotive steering pump market by LCVs
Global automotive steering pump market by M&HCV
PART 07: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas market size and forecast
EMEA market size and forecast
APAC market size and forecast
Key leading countries
Market opportunity
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 10: MARKET TRENDS
Electrification of mechanical components
Demand for EHPS system in HCVs
Increasing adoption of steer-by-wire technology
PART 11: VENDOR LANDSCAPE
Competitor benchmarking
Other prominent vendors

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