Automotive Hydraulics System Market Competitive Research And Precise Outlook 2023 To 2030

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Automotive Hydraulic Systems Market
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Market Overview
The global market for automotive hydraulics
systems is projected to reach 54 billion by
2030, with a CAGR of 6.0 from 2022 to 2030.There
are transmission methods in cars that use
hydraulic fluid under pressure to move mechanical
parts. The pressure difference between the two
points allows the hydraulic system to move
energy. This is fundamentally different from
normal mechanical systems, which depend on the
flow of kinetic energy to work. People think
hydraulic systems are more accurate than
traditional mechanical drive systems, which can
lose performance over time due to friction.
Growing logistics activities, growth in the
industry sector, and growth in the tourism sector
are all likely to increase the demand for
commercial vehicles, which is likely to increase
the demand for hydraulic systems. Batteries can't
store and release energy as well as hydraulic
devices can.

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By Region
Asia-Pacific is projected to have the largest
share of the global automotive hydraulic system
market because countries like India and China are
making more cars and their governments have
strict rules about vehicle safety.The overall
automotive hydraulic system market is projected
to grow a lot in Europe because there are so many
well-established market players in countries like
the UK and Germany.In the next few years, North
America is expected to grow quickly because more
and more people in countries like the United
States and Canada want commercial cars.
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The Global Automotive Hydraulic Systems Market
has been segmented into

• By Type
• Passenger Cars (PCs)
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)

• By Component
• Master Cylinder
• Slave Cylinder
• Reservoir
• Hose

• By Application
• Brake
• Clutch
• Suspension
• Tappet

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The Global Automotive Hydraulic Systems Market
has been segmented into

• By Region
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe

• By Region
• North America
• US
• Canada
• Mexico
• Rest of North America
• The Middle East Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

• By Region
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific

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Key Market Updates
In February 2021, Bosch Rexroth India revealed
its intelligent, connected hydraulics for the
Indian automotive market. The makers of these
devices say that they come with predictive
analytics and help with preventive maintenance.
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Market Players

• JTEKT Corporation
• ZF Friedrichshafen AG
• WABCO Holdings Inc.
• Aisin Seiki Co. Ltd.
• Schaeffler Technologies AG Co. KG
• BorgWarner Inc.
• Robert Bosch GmbH
• GKN plc
• FTE Automotive Group
• Continental AG

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