The global automotive hydraulic system market is projected to grow at a CAGR of 8% during 2019 to 2024. The growth of automotive hydraulic system market is driven by increase in vehicle production, growing adoption of electronics in automobiles, and increasing demand for luxury vehicles.
Some of the Key Questions answered in
this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the automotive
hydraulic system market by component (hydraulic master cylinder, hydraulic
slave cylinder , hydraulic reservoir, hydraulic hose), by application type (hydraulic
brakes, hydraulic suspension, hydraulic clutch, and hydraulic tappets), by
sales channel (OEM, and aftermarket), by end use (passenger car [small car,
compact car, mid-size car, large car, SUVS & crossovers], light commercial
vehicles, and heavy commercial vehicle), and by region (North America, Europe,
APAC, and ROW)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the automotive hydraulic system market?
Q.4 What are some
changing demands of customers in the automotive hydraulic system market?
Q.5 What are the new
developments in the automotive hydraulic system market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this automotive hydraulic system area and
how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this automotive hydraulic system
market?
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Market Segmentation:
Based on application,
the automotive hydraulic system market is segmented into hydraulic brakes,
hydraulic suspension, hydraulic clutch, and hydraulic tappets. The hydraulic
tappet segment accounted for the largest share of the market in 2020 and is
expected to register the highest CAGR during the forecast period.
Asia Pacific will remain
the largest region over the forecast period due to increased vehicle
production, growing automotive safety concerns, and the high demand for luxury
vehicles in Japan, India, China, and South Korea.
Key Players in the
automotive hydraulic system market are Dana Holding Corporation, Federal-Mogul
Corporation, Morgan, Advanced Materials, Autoneum Holding, Elringklinger,
Lydall, Progress-Werk, Oberkirch, Happich, UGN, and Covpress.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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About
Lucintel
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the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
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consulting, M&A, and due diligence services to executives and
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Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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