The Business Research Company’s Automotive Hydraulics System Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Hydraulics System Global Market Report 2023 evaluates automotive hydraulics system market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global automotive hydraulics system market size grew from $37.59 billion in 2022 to $41.51 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive hydraulics system market size is expected to grow to $58.88 billion in 2027 at a CAGR of 9.1%.
The automotive hydraulics system market segments in the report are:
1) By Component: Master Cylinder, Slave Cylinder, Reservoir, Hose
2) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
3) By Application: Brake, Clutch, Suspension, Tappet
4) By End User: Original Equipment Manufacturer (OEM), After Market
Top 5 Major Key Players
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The table of contents in TBRC’s automotive hydraulics system market report includes:
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List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Automotive Hydraulics System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Automotive Hydraulics System Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Automotive Hydraulics System Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: JTEKT Corporation Financial Performance
Table 48: ZF Friedrichshafen AG Financial Performance
Table 49: Toyota Motor Corporation Financial Performance
Table 50: Aisin Corporation Financial Performance
Table 51: Schaeffler Technologies AG & Co. KG Financial Performance
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