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Automotive Hydraulics System Market to Grow by USD 5.79 Bn | Aisin Corp. and Altra Industrial Motion Corp. Among Key Vendors | 17000+ Technavio Research Reports | State

NEW YORK, Dec. 17, 2021 /PRNewswire/ — The automotive hydraulics system market is driven by factors such as the growing focus on smart hydraulic equipment. Several vendors in the hydraulic ecosystem are continuously investing in research and development to develop improved hydraulic equipment and offer advanced solutions to consumers. For example, ZF Group introduced integrated brake control (IBC), non-vacuum, integrated electro-hydraulic brakes apply control unit that may replace electronic stability control, vacuum booster, and vacuum pump, as well as the cables, sensors, switches, and controllers that go with them. It provides regenerative braking in a single integrated unit and covers fuel-efficient powertrains without the need for a vacuum pump supplement. The development of intelligent hydraulic equipment units is one of the primary innovations that will fuel market expansion.

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The automotive hydraulics system market size is expected to grow by USD 5.79 bn from 2021 to 2026, according to Technavio. The growth momentum of the market is going to accelerate at a CAGR of 2.99% durng this period. The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment.

The report also covers the following areas:

Automotive Hydraulics System Market 2022-2026: Vendor Analysis and Scope

To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the automotive hydraulics system market include Aisin Corp., Altra Industrial Motion Corp., BorgWarner Inc., Continental AG, Cool Cars Engineering, Dantal Hydraulics Pvt Ltd., Robert Bosch GmbH, RR Parkon, Schaeffler AG, and ZF Friedrichshafen AG.

To leverage the current opportunities, market vendors should strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research report on the automotive hydraulics system market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

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Automotive Hydraulics System Market 2022-2026: Segmentation

  • Application
    • Passenger Cars
    • Commercial Vehicles
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

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Automotive Hydraulics System Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist automotive hydraulics system market growth during the next five years
  • Estimation of the automotive hydraulics system market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive hydraulics system market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive hydraulics system market vendors

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Automotive Hydraulics System Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.99%

Market growth 2022-2026

USD 5.79 billion

Market structure

Fragmented

YoY growth (%)

1.84

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

Europe at 60%

Key consumer countries

US, China, Germany, Japan, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aisin Corp., Altra Industrial Motion Corp., BorgWarner Inc., Continental AG, Cool Cars Engineering, Dantal Hydraulics Pvt Ltd., Robert Bosch GmbH, RR Parkon, Schaeffler AG, and ZF Friedrichshafen AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download Latest Free Sample Report for additional highlights on the automotive hydraulics system market

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio