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The Hydraulic Power Steering System (HPSS) is a type of steering system and component used in automobiles. It uses hydraulic pressure generated by an engine-driven pump to assist in steering the vehicle. This system is designed to reduce the amount of effort required to turn the steering wheel, making it easier to maneuver the vehicle. HPSS is typically used in larger vehicles, such as SUVs and trucks, as it is more powerful than other types of steering systems.
The HPSS market is driven by the increasing demand for vehicles with improved safety features, as well as the need for more efficient and reliable steering systems. The market is also influenced by the growing demand for luxury vehicles, which often feature HPSS as a standard feature.
Some of the major players in the HPSS market include ZF Friedrichshafen AG, Robert Bosch GmbH, JTEKT Corporation, Nexteer Automotive, and ThyssenKrupp AG. These companies are engaged in the development and production of HPSS systems and components, as well as providing aftermarket services. Show Less Read more