Global Automotive Electro-hydraulic Power Steering System Market (2019-2023) to Register a CAGR of More Than 11% - ResearchAndMarkets.com
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 PlayersBosch Continental JTEKT Nexteer Automotive ZF Friedrichshafen
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATIONMarket 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 LANDSCAPEGeographic 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 TRENDSDevelopment 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 LANDSCAPEOverview Landscape disruption
PART 13: VENDOR ANALYSISVendors 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/
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Related Topics:Steering Systems and Components
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