Global Automotive Hydraulics System Market 2018-2025 with Aisin Seiki, Bosch, ZF, BorgWarner and JTEKT Dominating
DUBLIN, March 6, 2018 /PRNewswire/ --
The "Automotive Hydraulics System Market by Application (Brake, Clutch, Suspension & Tappet), OE Component (Master Cylinder, Slave Cylinder, Reservoir), Aftermarket Component, On-Highway Vehicle, Off-Highway Vehicle & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive hydraulics system market is estimated to be USD 32.13 Billion in 2017 and is projected to grow at a CAGR of 6.04% to reach USD 51.37 Billion by the end of 2025.
Some of the major drivers identified are the increasing sales of off-highway vehicles and increasing vehicle production. Innovations in electro-hydraulic automotive applications can create new revenue generation opportunities for automotive hydraulics system manufacturers. Whereas, user concerns regarding the noise, uptime, and reliability of hydraulic systems and contamination of hydraulic fluids are creating challenges for automotive hydraulics system manufacturers.
The global automotive hydraulics system market is segmented by application, OE component, on-highway vehicle, off-highway vehicle, aftermarket component, and region. The report discusses four automotive hydraulics system applications, namely, hydraulic brakes, clutch, suspension, and tappets. Hydraulic brakes segment accounted for the largest market shares in the automotive hydraulics system market by application and is estimated to grow with the highest CAGR during the forecast period following its wide applications in several types of vehicles.
The hydraulic tappets segment is estimated to be the fastest growing market for automotive hydraulics systems by application, followed by hydraulic brakes, hydraulic clutch, and hydraulic suspension. This segment is estimated to experience a stable growth due to engine upsizing by the various automaker in their vehicles.
The slave cylinder segment for automotive hydraulics system OE market by the component is expected to grow at the highest CAGR followed by the reservoir, hose and master cylinder segment. The slave cylinder segment is estimated to account for the highest share in the automotive hydraulics system market, following its wide applications in automotive hydraulics system.
The extensive study has been done on four key regions, namely, Asia Pacific, Europe, North America, and the Rest of the World (RoW).
Asia Pacific is forecasted to have the largest market share growing at the highest CAGR followed by North America region. This growth is majorly fueled by the growth vehicle production and government mandates regarding the active and passive safety of vehicles. Increasing investment in infrastructure, construction activities and increasing vehicle sales are projected to drive the growth in this region.
Some of the major restraint identified in the global automotive hydraulics system market is the replacement of hydraulic applications with fully electrical systems and high maintenance cost of hydraulic systems. Advantages of electro-mechanical systems over hydraulic systems help offer friendly operations and make the systems cost-effective for the end user.
Some of the major players in the global automotive hydraulics system market are Aisin Seiki (Japan), Bosch (Germany), ZF (Germany), BorgWarner (US) and JTEKT(Japan).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for the Automotive Hydraulics System Market
4.2 Automotive Hydraulics System Market Share, By Region
4.3 Automotive Hydraulics System Market, By Vehicle Type
4.4 Automotive Hydraulics System Market, By Application
4.5 Automotive Hydraulics System Market, By Component
4.6 Automotive Hydraulics System Market, By Off-Highway Vehicle Type
4.7 Automotive Hydraulics System Aftermarket, By Component Type
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Sales of Off-Highway Vehicles
5.2.1.2 Increasing Vehicle Production
5.2.2 Restraints
5.2.2.1 Replacement of Hydraulic Systems With Fully Electrical Systems
5.2.2.2 High Maintenance Cost of Hydraulic Systems
5.2.3 Opportunities
5.2.3.1 Technological Advancements in Vehicle Braking and Suspension Systems
5.2.3.2 Increasing Application Scope of Electro-Hydraulic Systems
5.2.4 Challenges
5.2.4.1 User Concerns Regarding the Noise, Uptime, and Reliability of Hydraulic Systems
5.2.4.2 Contamination of Hydraulic Fluids
5.3 Analysis of Macroindicators
5.3.1 Introduction
5.3.1.1 Construction Vehicle Sales
5.3.1.2 GDP (USD Billion)
5.3.1.3 GNI Per Capita, Atlas Method (USD)
5.3.1.4 GDP Per Capita PPP (USD)
5.3.2 US
5.3.3 China
5.3.4 UK
6 Automotive Hydraulics System Market, By Application
6.1 Introduction
6.2 Hydraulic Brakes
6.3 Hydraulic Clutch
6.4 Hydraulic Suspension
6.5 Hydraulic Tappets
7 Automotive Hydraulics System Market, By Component
7.1 Introduction
7.2 Hydraulic Master Cylinder
7.3 Hydraulic Slave Cylinder
7.4 Hydraulic Reservoir
7.5 Hydraulic Hose
8 Automotive Hydraulics System Market for On- Highway Vehicles, By Type
8.1 Introduction
8.2 Passenger Cars
8.3 Light Commercial Vehicles
8.4 Heavy Commercial Vehicles
9 Automotive Hydraulics System Market for Off-Highway Vehicles, By Type
9.1 Introduction
9.2 Agricultural Equipment
9.3 Construction Equipment
10 Automotive Hydraulics System Aftermarket, By Component
10.1 Introduction
10.2 Hydraulic Master Cylinder
10.3 Hydraulic Slave Cylinder
11 Automotive Hydraulics System Market, By Region
12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking Analysis
13 Company Profiles
- Aisin Seiki
- Borgwarner
- Bosch
- Continental
- Fte Automotive
- GKN
- Jtekt
- Schaeffler
- Wabco
- ZF Friedrichshafen
For more information about this report visit https://www.researchandmarkets.com/research/bcjkj7/global_automotive?w=5
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