Automotive Hydraulic Systems Market: Industry Insights, Share, Trends, Segmentation and Top Key Players (Robert Bosch GmbH, ZF Group, JTEKT, Continental AG, Schaeffler, Wabco, GKN) | Global Forecast to 2023

Marketprognosis.com Publish a New Market Research Report On “Global Automotive Hydraulic Systems Market - Growth, Trends, and Forecast (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Automotive Hydraulic Systems Market:

The report spread across 115 pages is an overview of the Global Automotive Hydraulic Systems Market - Growth, Trends, and Forecast (2018 - 2023). These report study based on the Automotive Hydraulic Systems Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

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The low cost at which hydraulic systems can be fit into vehicles is a major advantage and has proved to be one of the most important factors in driving the market. Hydraulic systems can store and discharge energy more efficiently than electric batteries. Vehicles that require a lot of power are finding hydraulic hybrid drives to be more efficient than electric drives, which are expected to allow the market to register a healthy CAGR of around 5%.

Commercial vehicles are continuously subjected to heavy loads for long distances throughout the year. This requires the vehicle to be equipped with systems, which are able to withstand heavy loads without compromising on fuel economy and power output. Hydraulic systems have an edge over electric systems in this aspect and as passenger vehicles are expected to be subjected to electrification in the near future, commercial vehicles are anticipated to remain using hydraulic systems, which would, in turn, enable them to occupy a significant market share for hydraulic systems during the forecast period.

Electrification in Asia-Pacific region has witnessed a high penetration rate due to the presence of China and Japan, as China is the leader market for electric vehicles and most of the automakers advancing in electric vehicle technology are from Japan. But nevertheless, the demand for commercial vehicles in the region has grown from 7,295,772 vehicles in 2015 to 8,156,633 vehicles in 2017, which is nearly 31% of the global CV sales.

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The Global Automotive Hydraulic Systems Market is segmented on the basis of application (brakes, clutch, suspension, and others); by component (master cylinder, slave cylinder, reservoir and hose); by end-user (OEM and aftermarket) vehicle type (passenger cars and commercial vehicles). The regional analysis covers major countries in North America, Europe, Asia-Pacific, and Rest of the World.

Major Key Players:

1 Aisin Seiki

2 Robert Bosch GmbH

3 ZF Group

4 Borgwarner

5 JTEKT Corporation

6 Continental AG

7 Schaeffler

8 Wabco

9 GKN

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automotive Hydraulic Systems Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Market Insights

4 Market Dynamics

5 Market Segmentation and Analysis (Market Size, Growth, and Forecast)

6 Global Automotive Ecu Market Segmentation By Geography (Market Size, Growth, And Forecast)

7 Future of the Market

8 Competitive Landscape

9 Company Profiles (Overview, Financials**, Products & Services, Recent Developments, And Analyst View)

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This release was published on openPR.