Analysis of Global Hydraulic Steering System Market 2017-2021 May 2017

Global Hydraulic Steering System Market 2017-2021
The report, Global Hydraulic Steering System Market 2017-2021, has been prepared based on an in-
depth market analysis with inputs from industry experts. This report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Global Hydraulic Steering System Market report covers the present scenario and the growth prospects
of the industry for 2017-2021. To calculate the market size, the report considers the new installations
and sales volume of passenger cars, LCVs, and M&HCVs. The analysts forecast global Hydraulic Steering
System market to grow at a CAGR of 1.72% during the period 2017-2021.
Market driver
High penetration of hydraulic power steering in commercial vehicles.
Market challenge
Increasing penetration of EPS system.
Market trend
Growing pursuit of EHPS in heavy commercial vehicles.
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Key vendors
The key players in the Hydraulic Steering System Market are ZF Friedrichshafen, GKN, Nexteer
Automotive, ThyssenKrupp.
Other Prominent Vendors
Other Prominent Vendors in the market are ATS, JTEKT, Robert Bosch, thyssenKrupp Presta, Hyundai
Mobis, Mando.
Hydraulic steering includes conventional rack and pinion steering, uses hydraulic pressure from the
engine pump, and is used to help the motion of the steering wheel. It is predominantly used in heavy
commercial vehicles.
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steering-system-market-2017-2021.html
Table of Contents of the Report
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology