Automotive Hydraulics System Market

   September 25, 2019
According to a market report by Lucintel, the future of the automotive hydraulics system market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle markets. The automotive hydraulics system market is expected to grow with a CAGR of 8% from 2019 to 2024. The major drivers for this market are increase in vehicle production, growing adoption of electronics in automobiles, and increasing demand for luxury vehicles.

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Within the hydraulics system market, hydraulic brakes, hydraulic suspension, hydraulic clutch, and hydraulic tappets are the major applications. Hydraulic tappet is the largest application for the automotive hydraulics system market.

Passenger car, light commercial vehicle, and heavy commercial vehicle are the major end use segments of the automotive hydraulics system market. Light commercial vehicle is the largest end use segment for the automotive hydraulics system market.

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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.

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Dana Holding Corporation, Federal-Mogul Corporation, Morgan, Advanced Materials, Autoneum Holding, Elringklinger, Lydall, Progress-Werk, Oberkirch, Happich, UGN, Covpress are among the major manufacturers of automotive hydraulics system.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive hydraulics system market by component, by application, by sales channel, by end use, and by region. Lucintel has prepared a comprehensive research report titled "Automotive Hydraulics System Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive hydraulics system market by component, by application, by sales channel, by end use, and by region as follows:

By Component [$M shipment analysis for 2013 – 2024]

  • Hydraulic Master Cylinder

  • Hydraulic Slave Cylinder 

  • Hydraulic Reservoir 

  • Hydraulic Hose

By Application [$M shipment analysis for 2013 – 2024]

  • Hydraulic Brakes

  • Hydraulic Suspension

  • Hydraulic Clutch

  • Hydraulic Tappets

By Sales Channel [$M shipment analysis for 2013 – 2024]

  • OEM (Original Equipment Manufacturers)

  • After Market

By End Use [$M shipment analysis for 2013 – 2024]

  • Passenger Car

    • Small cars

    • Compact cars

    • Mid-Sized cars

    • Luxury cars

    • SUVs & Crossovers            

  • Light Commercial Vehicle

  • Heavy Commercial Vehicle

By Region [$M shipment analysis for 2013 – 2024]

  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • Russia

  • France

  • United Kingdom

  • Italy

  • China

  • Japan

  • India

  • South Korea

  • Indonesia

  • Brazil

  • Turkey

  • Asia Pacific

  • The Rest of the World

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This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

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