Global Automotive Hydraulics System Market, By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles and OTR), By Component (Hydraulic Master Cylinder, Hydraulic Reservoir and Others), By Application (Hydraulic Clutch, Hydraulic Suspension and Others), By Demand Category (OEM Vs Aftermarket), By Company and By Geography, Forecast & Opportunities, 2026
New York, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive Hydraulics System Market, By Vehicle Type, By Component, By Application, By Demand Category, By Company and By Geography, Forecast & Opportunities, 2026" - https://www.reportlinker.com/p06020638/?utm_source=GNW
The Global Automotive Hydraulics System Market is projected to grow at a CAGR of over 6% during 2022-2026.The major drivers contributing to the growing demand of market include increasing sales of OTR vehicles and growing vehicle production.
Moreover, growing technological advancements in electro-hydraulic automotive applications can create opportunities for automotive hydraulics system manufacturers which is positively impacting the growth of the market.
In terms of regional analysis, Asia Pacific is expected to dominate the market during the forecast followed by North America region due to increasing vehicle production and government mandates regarding the active and passive safety of vehicles. Furthermore, increasing investment in construction activities is projected to drive the growth in this region.
Some of the major players operating in the Global Automotive Hydraulics System Market are Bosch, ZF Friedrichshafen, Borgwarner, JTEKT, Continental, GKN, Wabco, FTE Automotive, Schaeffler, Aisin Seiki.Major companies are developing advanced technologies and launching new products in order to stay competitive in the market.
Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
• To analyse and forecast the market size of the Global Automotive Hydraulics System Market, in terms of value and volume
• To classify and forecast the Global Automotive Hydraulics System Market based on vehicle type, component, application, demand category and regional distribution.
• To identify drivers and challenges for the Global Automotive Hydraulics System Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Automotive Hydraulics System Market.
• To conduct the pricing analysis for the Global Automotive Hydraulics System Market.
• To identify and analyse the profile of leading players involved in the manufacturing of the Global Automotive Hydraulics System Market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the suppliers which could not be identified due to the limitations of secondary research. The analyst examined the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
The analyst calculated the market size of the Global Automotive Hydraulics System Market by using a bottom-up approach, where the data for various end user industries and its application across various product types were recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by the analyst.
Key Target Audience:
• Manufacturers of Automotive Hydraulics System
• Automotive OEMs
• Infrastructure Development Companies
• Raw material suppliers
• Traders, Distributors, and Suppliers
• Industry associations and experts
• Research organizations and consulting companies.
• Research Institutes
• Industry associations
• Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
In this report, the Global Automotive Hydraulics System Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Global Automotive Hydraulics System Market, By Vehicle Type:
o Passenger Cars
o Light Commercial Vehicles
o Heavy Commercial Vehicles
• Global Automotive Hydraulics System Market, By Component:
o Hydraulic Master Cylinder
o Hydraulic Reservoir
o Hydraulic Hose
o Hydraulic Slave Cylinder
• Global Automotive Hydraulics System Market, By Application:
o Hydraulic Clutch
o Hydraulic Suspension
o Hydraulic Brakes
o Hydraulic Tappets
• Global Automotive Hydraulics System Market, By Demand Category:
• Global Automotive Hydraulics System Market, By Region:
o Asia Pacific
o North America
o South America
o Middle East and Africa
Company Profiles: Detailed analysis of the major companies present in Automotive Hydraulics System Market.
With the given market data, we offers customizations according the company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.
Read the full report: https://www.reportlinker.com/p06020638/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
CONTACT: Clare: firstname.lastname@example.org US: (339)-368-6001 Intl: +1 339-368-6001