Global Automotive Steering Pump Market 2017-2021

  • ID: 4424915
  • Report
  • Region: Global
  • 72 pages
  • TechNavio
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FEATURED COMPANIES

  • Bosch
  • GKN
  • JTEKT Corporation
  • Melling Tool Company
  • Nexteer
  • Power Steering Associates
  • MORE
About Automotive Steering Pump

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.

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

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
The 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
Market drivers
  • High penetration of HPS in the commercial vehicle segment
  • For a full, detailed list, view the full report
Market challenges
  • Increasing adoption of EPS systems
  • For a full, detailed list, view the full report
Market trends
  • Electrification of mechanical components
  • For a full, detailed list, view the full 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?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bosch
  • GKN
  • JTEKT Corporation
  • Melling Tool Company
  • Nexteer
  • Power Steering Associates
  • MORE
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
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
PART 12: KEY VENDOR ANALYSIS
  • Bosch
  • Nexteer
  • ZF
PART 13: APPENDIX
  • List of abbreviations
LIST OF EXHIBITS
Exhibit 01: Global automotive steering pump market
Exhibit 02: Global automotive steering pump market 2016-2021 (millions of units)
Exhibit 03: Five forces analysis
Exhibit 04: Global automotive steering pump market: Segmentation by product 2016 (% share)
Exhibit 05: Global automotive steering pump market: Segmentation by product 2021 (% share)
Exhibit 06: Global automotive steering pump market by passenger cars 2016-2021 (millions of units)
Exhibit 07: Global automotive steering pump market by LCVs 2016-2021 (millions of units)
Exhibit 08: Global automotive steering pump market by M&HCVs 2016-2021 (millions of units)
Exhibit 09: Automotive steering pump market by geography 2016 to 2021(% share)
Exhibit 10: Regional comparison
Exhibit 11: Americas - market size and forecast
Exhibit 12: Americas - Year-over-year growth
Exhibit 13: Top 3 countries in Americas
Exhibit 14: EMEA - market size and forecast
Exhibit 15: EMEA - Year-over-year growth
Exhibit 16: Top 3 countries in EMEA
Exhibit 17: APAC - market size and forecast
Exhibit 18: APAC - Year-over-year growth
Exhibit 19: Top 3 countries in APAC
Exhibit 20: Key leading countries
Exhibit 21: Bosch: Business segmentation by revenue 2016
Exhibit 22: Bosch: Geographical segmentation by revenue 2016
Exhibit 23: Bosch: Recent developments
Exhibit 24: Nexteer: Product Segmentation by revenue 2016
Exhibit 25: Nexteer: Geographical segmentation by revenue 2016
Exhibit 26: Nexteer: Recent developments
Exhibit 27: ZF: Product portfolio
Exhibit 28: ZF: Business segmentation by revenue 2016
Exhibit 29: ZF: Geographical segmentation by revenue 2016
Exhibit 30: ZF: Recent developments
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FEATURED COMPANIES

  • Bosch
  • GKN
  • JTEKT Corporation
  • Melling Tool Company
  • Nexteer
  • Power Steering Associates
  • MORE
New Report Released: - Global Automotive Steering Pump Market 2017-2021

The author of the report recognizes the following companies as the key players in the global automotive steering pump market: Bosch, Nexteer, and ZF.

Other Prominent Vendors in the market are: Melling Tool Company, Hitachi Automotive Systems Americas, Power Steering Associates, JTEKT Corporation, GKN, and ATS Automation Tooling Systems.

Commenting on the report, an analyst from the research team said: “One trend in the market is electrification of mechanical components. Implementation of regulations and emission norms to limit the carbon footprint of vehicles has caused the automakers to electrify mechanical parts. Electrification reduces the load on the engine, which, in turn, increases its efficiency and reduces the engine temperature.”

According to the report, one driver in the market is high penetration of HPS in the commercial vehicle segment. The presence of EPS system in M&HCVs is negligible as the conventional hydraulic-based steering systems are predominantly used in them. Most commercial vehicles still use the hydraulic or the electrohydraulic steering system as the electric power steering system has not been able to cross the 15kN barrier, and the steering power required by a commercial vehicle is higher compared to a standard passenger car. A standard passenger car carries approximately 750Kg on the axle, but heavy trucks can carry about 7,500 Kg.

Further, the report states that one challenge in the market is increasing adoption of EPS systems. Compared to conventional HPS systems, EPS systems improve the vehicle's fuel economy by 2.5%, as they do not use drive belts, hoses fluids, and pulleys. EPS systems are compact and lightweight in comparison to hydraulic systems. EHPS system is another alternative of HPS system, which does not require engine power to run; it is driven by power from the battery. Unlike the HPS system, which is continuously operated using the belt-driven power from the engine, the EPS motor is powered only when required.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Bosch
  • Nexteer
  • ZF
  • Melling Tool Company
  • Hitachi Automotive Systems Americas
  • Power Steering Associates
  • JTEKT Corporation
  • GKN
  • ATS Automation Tooling Systems
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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