Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:7.46

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	7.46

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf

Report Overview

Automotive Electrically-Hydraulic Power Steering Systems Market Analysis Report 2023-2032

The Automotive Electrically-Hydraulic Power Steering Systems Market is set to experience a Compound Annual Growth Rate (CAGR) of 7.95% between 2022 and 2032, leading to a significant market size increase of USD 4,237.82 million over this period. Several factors contribute to this growth, including the increasing demand for advanced steering technologies, enhanced driving safety, and improved fuel efficiency.

Automotive Electrically-Hydraulic Power Steering Systems Market Overview

Drivers

A key driver behind the expansion of the Automotive Electrically-Hydraulic Power Steering Systems Market is the growing demand for advanced steering systems. As vehicle technology evolves, consumers and automakers alike are seeking steering solutions that offer improved control, efficiency, and safety.

Moreover, the need for enhanced fuel efficiency and reduced emissions is compelling the automotive industry to adopt power steering systems that consume less energy, making electrically-hydraulic solutions an attractive choice.

Trends

A notable trend shaping the Automotive Electrically-Hydraulic Power Steering Systems Market is the integration of electronic control units (ECUs) for steering. Advanced ECUs can enhance vehicle stability and offer features such as lane-keeping assistance and parking assistance, contributing to improved safety and driver convenience.

Furthermore, the adoption of steer-by-wire technology is on the rise, allowing for innovative steering solutions that eliminate the physical connection between the steering wheel and the wheels, leading to more design flexibility and safety features.

Restraints

Cost considerations can be a limitation for the adoption of advanced electrically-hydraulic power steering systems. The incorporation of electronic components and sensors can increase the initial cost of vehicles, which may affect consumer willingness to upgrade to these systems.

Additionally, the market faces challenges related to cybersecurity and data privacy, as the increasing integration of electronic systems opens doors to potential vulnerabilities and hacking risks.

Automotive Electrically-Hydraulic Power Steering Systems Market Segmentation By Type

Rack-assist systems are expected to be a leading growth sector in the Automotive Electrically-Hydraulic Power Steering Systems Market. These systems provide precise and responsive steering, offering benefits in terms of driver control and safety.

Another significant segment is column-assist systems, which offer design flexibility and are commonly used in a variety of vehicle models, providing a balance between cost-effectiveness and performance.

Automotive Electrically-Hydraulic Power Steering Systems Market Segmentation By Vehicle Type

Passenger cars are projected to experience substantial growth during the forecast period. As consumer demand for advanced steering technologies in everyday vehicles increases, passenger car manufacturers are likely to adopt electrically-hydraulic power steering systems.

Another key vehicle segment is commercial vehicles. Improved steering systems can enhance driver comfort and safety, making them an attractive option for commercial vehicle operators.

Regional Overview:

Download the report summary now!

Request pdf Sample

North America is anticipated to be a key driver of global Automotive Electrically-Hydraulic Power Steering Systems Market growth. The region has a strong automotive manufacturing industry and a consumer base that values advanced vehicle technologies, driving the demand for these systems.

The market experienced temporary disruptions during the COVID-19 pandemic due to supply chain challenges and economic uncertainties. However, as the industry adapts to new market demands and sustainability goals, the Automotive Electrically-Hydraulic Power Steering Systems Market is poised to witness renewed growth, driven by innovation and technological advancement.

Automotive Electrically-Hydraulic Power Steering Systems Market Customer Landscape

The Automotive Electrically-Hydraulic Power Steering Systems Market report offers insights into adoption patterns, ranging from early adopters to laggards. The report examines adoption rates across different regions based on penetration levels. Moreover, the report delves into key criteria influencing purchase decisions and factors affecting price sensitivity, aiding companies in devising effective strategies for market entry and growth.

Major Automotive Electrically-Hydraulic Power Steering Systems Market Companies

Prominent players in the Automotive Electrically-Hydraulic Power Steering Systems Market are implementing diverse strategies to bolster their market presence. These strategies include strategic collaborations, mergers and acquisitions, expanding product portfolios, geographic expansion, and technological innovations.

Sample list of major companies in the market:

PowerSteer Innovations
E-Hydra Steering Solutions
ElectroWheel Systems
PrecisionDrive Technologies
InnovateSteer Corporation

Qualitative and quantitative analyses of these companies provide valuable insights into the competitive landscape, enabling stakeholders to comprehend market dynamics and assess the strengths and weaknesses of key players.

Segment Overview

The Automotive Electrically-Hydraulic Power Steering Systems Market report provides revenue forecasts on a global, regional, and country level, along with an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.

Type Outlook (USD Million, 2019 - 2032)

Rack-Assist Systems
Column-Assist Systems
Others

Vehicle Type Outlook (USD Million, 2019 - 2032)

Passenger Cars
Commercial Vehicles
Others

Geography Outlook (USD Million, 2019 - 2032)

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

APAC

China
Japan
India
Rest of APAC

Latin America

Brazil
Mexico
Rest of Latin America

Middle East & Africa

United Arab Emirates
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Brazil Automotive Electrically-Hydraulic Power Steering systems MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Brazil Automotive Electrically-Hydraulic Power Steering systems MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Brazil Automotive Electrically-Hydraulic Power Steering systems Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Brazil Automotive Electrically-Hydraulic Power Steering systems MARKET BY component type landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Steering Motor

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Sensor

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Brazil Automotive Electrically-Hydraulic Power Steering systems MARKET BY vehicle type INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Passenger Cars

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Commercial vehicles

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Brazil Automotive Electrically-Hydraulic Power Steering systems MARKET REGIONAL OUTLOOK

7.1. Brazil Automotive Electrically-Hydraulic Power Steering systems Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Brazil Automotive Electrically-Hydraulic Power Steering systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 JTEKT Corporation

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Nexteer Automotive Group

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 ZF

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 NSK Group

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Robert Bosch GmbH

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

Our expert analysts collaborate directly with you to comprehend your specific needs.
Get data on regions, segments, competitors, and vendors of your choice.
Information is presented in alignment with your exact preferences and formatting.

Request for customization

Ask For Discount

Free Sample Report

"Find new revenue generation opportunities"

Automotive Electrically Hydraulic Power Steering Systems Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032