AP NEWS

Global Automotive Electro-hydraulic Power Steering System Market (2019-2023) to Register a CAGR of More Than 11% - ResearchAndMarkets.com

December 19, 2018

DUBLIN--(BUSINESS WIRE)--Dec 19, 2018--The “Global Automotive Electro-hydraulic Power Steering System Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The automotive electro-hydraulic power steering system market will register a CAGR of more than 11% by 2023.

The development of steer-by-wire systems is expected to drive growth in the market. Steer-by-wire is the most advanced steering system that uses a series of sensors to monitor steering inputs of the driver and transmits the information electronically to the vehicles steering gears.

Increasing penetration of 48V electrical architecture in automobiles

The rising penetration of 48V electrical architecture in modern vehicles is expected to drive the adoption of automotive EHPS system during the forecast period.

Growth of autonomous vehicles without steering wheels

Autonomous vehicles form a major milestone, in terms of technological superiority, for automotive manufacturers. Thus, a majority of the vehicle manufacturers are contributing a sizable amount of resources for developing advanced driver assist systems to fuel the development of autonomous vehicles.

Key Players

Bosch Continental JTEKT Nexteer Automotive ZF Friedrichshafen

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 04: MARKET SIZING

Market definition Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY APPLICATION

Market segmentation by application Comparison by application Commercial vehicles - Market size and forecast 2018-2023 Passenger cars - Market size and forecast 2018-2023 Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation Geographic comparison Americas - Market size and forecast 2018-2023 EMEA - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 Key leading countries Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

Development of steer-by-wire systems Advent of independent wheel steering system Development of an all-electric power steering system for trucks and buses

PART 12: VENDOR LANDSCAPE

Overview Landscape disruption

PART 13: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Bosch Continental JTEKT Nexteer Automotive ZF Friedrichshafen

For more information about this report visit https://www.researchandmarkets.com/research/vctfhf/global_automotive?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181219005611/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Steering Systems and Components

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/19/2018 12:11 PM/DISC: 12/19/2018 12:11 PM

http://www.businesswire.com/news/home/20181219005611/en

AP RADIO
Update hourly