Market Overview:
The global vehicle hydraulics system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The brake segment is expected to account for the majority share of the global vehicle hydraulics system market in 2018. However, the clutch segment is anticipated to register highest CAGR over the forecast period. Asia Pacific excluding Japan (APEJ) region dominates the global vehicle hydraulics system market with maximum revenue share contribution in 2018 and is expected to maintain its dominance throughout 2030. Factors such as increasing demand for passenger vehicles and commercial vehicles, rising disposable income of consumers coupled with technological advancements are fuelling growth of the global vehicle hydraulics system market. In addition, stringent emission norms across different geographies are also propelling adoption of advanced hydraulic systems in vehicles which will subsequently boost growth of this market during forecast period.
Product Definition:
A hydraulic system is a mechanism that uses pressurized fluid to perform work. The fluid is typically oil, and the device that creates the pressure is called a pump. Hydraulic systems are very common in vehicles, where they are used to power brakes and steering.
Brake:
Brake is a mechanical device used to slow down or stop a vehicle. It's an essential component in the automotive hydraulic system as it helps control wheel speed. The brake market is expected to witness significant growth over the forecast period owing to increasing demand for vehicles across the globe, especially in developing countries such as India and China.
The global market size spans application type.
Clutch:
The clutch is a mechanism that act as a coupling between the engine and transmission. It's primary function is to decrease the speed of engine when vehicle is stationary. In case of low-speed stop, it helps in maintaining torque and fuel supply to drive the vehicle. The clutch also acts as an essential safety device preventing high-speed loss of control due to slip or skid by reducing the power from driving wheels.
Application Insights:
The passenger vehicle segment held the largest share of over 70.0% in 2017. The growing demand for passenger vehicles is primarily driven by the rising disposable income of consumers in developing countries such as China, India and Brazil. Furthermore, stringent government regulations regarding air pollution are encouraging manufacturers to adopt cleaner technologies for engine functions such as hydraulic systems. This is expected to result in increased adoption of these systems over the forecast period.
Commercial vehicles include trucks, tankers and buses among others; they form a significant part of any economy's transport infrastructure on account of their vital role in moving goods from origin to destination efficiently and on time while maintaining low costs associated with logistics operations compared to other modes including railways or waterways among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing disposable income, rising population, and improved standard of living. These factors are anticipated to drive the demand for vehicles in this region. Moreover, China is projected to remain a key market owing to low production costs as compared to other countries such as Japan and Germany.
The North America regional market accounted for more than 20% share of overall revenue in 2017 due to high demand from U.S., which was followed by Europe due mainly on stringent regulations about vehicle safety coupled with emission control standards set by European Union (EU).
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Growing automotive industry in developing countries
- Rising demand for advanced vehicle hydraulics systems
- Technological advancements in hydraulic systems
- Increasing adoption of electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Hydraulics System Market Research Report
By Type
Brake, Clutch, Suspension & Tappet
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Aisin Seiki, Bosch, ZF, BorgWarner, JTEKT, NSK, Nexteer, Mobis, Thyssenkrupp, WABCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Hydraulics System Market Report Segments:
The global Vehicle Hydraulics System market is segmented on the basis of:
Types
Brake, Clutch, Suspension & Tappet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aisin Seiki
- Bosch
- ZF
- BorgWarner
- JTEKT
- NSK
- Nexteer
- Mobis
- Thyssenkrupp
- WABCO
Highlights of The Vehicle Hydraulics System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Brake
- Clutch
- Suspension & Tappet
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vehicle Hydraulics System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The vehicle hydraulic system is a series of fluid and mechanical components that work together to provide the necessary power for the car's engine. The system includes everything from the fluids used in the hydraulics to the pumps that create them.
Some of the major companies in the vehicle hydraulics system market are Aisin Seiki, Bosch, ZF, BorgWarner, JTEKT, NSK, Nexteer, Mobis, Thyssenkrupp, WABCO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle Hydraulics System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Vehicle Hydraulics System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vehicle Hydraulics System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Vehicle Hydraulics System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Vehicle Hydraulics System Market Size & Forecast, 2018-2028 4.5.1 Vehicle Hydraulics System Market Size and Y-o-Y Growth 4.5.2 Vehicle Hydraulics System Market Absolute $ Opportunity
Chapter 5 Global Vehicle Hydraulics System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vehicle Hydraulics System Market Size Forecast by Type
5.2.1 Brake
5.2.2 Clutch
5.2.3 Suspension & Tappet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle Hydraulics System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vehicle Hydraulics System Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Hydraulics System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vehicle Hydraulics System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vehicle Hydraulics System Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle Hydraulics System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vehicle Hydraulics System Market Size Forecast by Type
9.6.1 Brake
9.6.2 Clutch
9.6.3 Suspension & Tappet
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vehicle Hydraulics System Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vehicle Hydraulics System Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle Hydraulics System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vehicle Hydraulics System Market Size Forecast by Type
10.6.1 Brake
10.6.2 Clutch
10.6.3 Suspension & Tappet
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vehicle Hydraulics System Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vehicle Hydraulics System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle Hydraulics System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vehicle Hydraulics System Market Size Forecast by Type
11.6.1 Brake
11.6.2 Clutch
11.6.3 Suspension & Tappet
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vehicle Hydraulics System Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vehicle Hydraulics System Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle Hydraulics System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vehicle Hydraulics System Market Size Forecast by Type
12.6.1 Brake
12.6.2 Clutch
12.6.3 Suspension & Tappet
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vehicle Hydraulics System Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vehicle Hydraulics System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle Hydraulics System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vehicle Hydraulics System Market Size Forecast by Type
13.6.1 Brake
13.6.2 Clutch
13.6.3 Suspension & Tappet
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vehicle Hydraulics System Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vehicle Hydraulics System Market: Competitive Dashboard
14.2 Global Vehicle Hydraulics System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aisin Seiki
14.3.2 Bosch
14.3.3 ZF
14.3.4 BorgWarner
14.3.5 JTEKT
14.3.6 NSK
14.3.7 Nexteer
14.3.8 Mobis
14.3.9 Thyssenkrupp
14.3.10 WABCO