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Power Steering Cylinder-Global Market Insights and Sales Trends 2025
Synopsis
The global Power Steering Cylinder market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Power Steering Cylinder in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Power Steering Cylinder market. Hydraulic Power Steering Cylinder, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Power Steering Cylinder segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Power Steering Cylinder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Power Steering Cylinder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Power Steering Cylinder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Power Steering Cylinder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Power Steering Cylinder covered in this report include Robert Bosch GmbH, Precision Hydraulic Cylinders, ZF Friedrichshafen AG, Thyssenkrupp Presta AG, Hyundai Mobis, Federal-Mogul Corporation, GKN Automotive, NSK and Mitsubishi Electric Corporation, etc.
The global Power Steering Cylinder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Robert Bosch GmbH
Precision Hydraulic Cylinders
ZF Friedrichshafen AG
Thyssenkrupp Presta AG
Hyundai Mobis
Federal-Mogul Corporation
GKN Automotive
NSK
Mitsubishi Electric Corporation
Zhuzhou Elite Electro Mechanical
JTEKT Corporation
Nexteer Automotive
Mando Corporation
Global Power Steering Cylinder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Power Steering Cylinder market, Segment by Type:
Hydraulic Power Steering Cylinder
Electric Power Steering Cylinder
Global Power Steering Cylinder market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Power Steering Cylinder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Power Steering Cylinder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Power Steering Cylinder market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Power Steering Cylinder in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Power Steering Cylinder market. Hydraulic Power Steering Cylinder, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Power Steering Cylinder segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Power Steering Cylinder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Power Steering Cylinder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Power Steering Cylinder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Power Steering Cylinder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Power Steering Cylinder covered in this report include Robert Bosch GmbH, Precision Hydraulic Cylinders, ZF Friedrichshafen AG, Thyssenkrupp Presta AG, Hyundai Mobis, Federal-Mogul Corporation, GKN Automotive, NSK and Mitsubishi Electric Corporation, etc.
The global Power Steering Cylinder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Robert Bosch GmbH
Precision Hydraulic Cylinders
ZF Friedrichshafen AG
Thyssenkrupp Presta AG
Hyundai Mobis
Federal-Mogul Corporation
GKN Automotive
NSK
Mitsubishi Electric Corporation
Zhuzhou Elite Electro Mechanical
JTEKT Corporation
Nexteer Automotive
Mando Corporation
Global Power Steering Cylinder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Power Steering Cylinder market, Segment by Type:
Hydraulic Power Steering Cylinder
Electric Power Steering Cylinder
Global Power Steering Cylinder market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Power Steering Cylinder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Power Steering Cylinder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Power Steering Cylinder Market Overview
1.1 Power Steering Cylinder Product Overview
1.2 Power Steering Cylinder Market Segment by Type
1.2.1 Hydraulic Power Steering Cylinder
1.2.2 Electric Power Steering Cylinder
1.3 Global Power Steering Cylinder Market Size by Type
1.3.1 Global Power Steering Cylinder Market Size Overview by Type (2018-2029)
1.3.2 Global Power Steering Cylinder Historic Market Size Review by Type (2018-2023)
1.3.3 Global Power Steering Cylinder Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Power Steering Cylinder Sales Breakdown by Type (2018-2023)
1.4.2 Europe Power Steering Cylinder Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Power Steering Cylinder Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Power Steering Cylinder Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Power Steering Cylinder Sales Breakdown by Type (2018-2023)
2 Global Power Steering Cylinder Market Competition by Company
2.1 Global Top Players by Power Steering Cylinder Sales (2018-2023)
2.2 Global Top Players by Power Steering Cylinder Revenue (2018-2023)
2.3 Global Top Players by Power Steering Cylinder Price (2018-2023)
2.4 Global Top Manufacturers Power Steering Cylinder Manufacturing Base Distribution, Sales Area, Product Type
2.5 Power Steering Cylinder Market Competitive Situation and Trends
2.5.1 Power Steering Cylinder Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Power Steering Cylinder Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Power Steering Cylinder as of 2022)
2.7 Date of Key Manufacturers Enter into Power Steering Cylinder Market
2.8 Key Manufacturers Power Steering Cylinder Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Power Steering Cylinder Status and Outlook by Region
3.1 Global Power Steering Cylinder Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Power Steering Cylinder Historic Market Size by Region
3.2.1 Global Power Steering Cylinder Sales in Volume by Region (2018-2023)
3.2.2 Global Power Steering Cylinder Sales in Value by Region (2018-2023)
3.2.3 Global Power Steering Cylinder Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Power Steering Cylinder Forecasted Market Size by Region
3.3.1 Global Power Steering Cylinder Sales in Volume by Region (2024-2029)
3.3.2 Global Power Steering Cylinder Sales in Value by Region (2024-2029)
3.3.3 Global Power Steering Cylinder Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Power Steering Cylinder by Application
4.1 Power Steering Cylinder Market Segment by Application
4.1.1 Passenger Cars
4.1.2 Commercial Vehicles
4.2 Global Power Steering Cylinder Market Size by Application
4.2.1 Global Power Steering Cylinder Market Size Overview by Application (2018-2029)
4.2.2 Global Power Steering Cylinder Historic Market Size Review by Application (2018-2023)
4.2.3 Global Power Steering Cylinder Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Power Steering Cylinder Sales Breakdown by Application (2018-2023)
4.3.2 Europe Power Steering Cylinder Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Power Steering Cylinder Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Power Steering Cylinder Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Power Steering Cylinder Sales Breakdown by Application (2018-2023)
5 North America Power Steering Cylinder by Country
5.1 North America Power Steering Cylinder Historic Market Size by Country
5.1.1 North America Power Steering Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Power Steering Cylinder Sales in Volume by Country (2018-2023)
5.1.3 North America Power Steering Cylinder Sales in Value by Country (2018-2023)
5.2 North America Power Steering Cylinder Forecasted Market Size by Country
5.2.1 North America Power Steering Cylinder Sales in Volume by Country (2024-2029)
5.2.2 North America Power Steering Cylinder Sales in Value by Country (2024-2029)
6 Europe Power Steering Cylinder by Country
6.1 Europe Power Steering Cylinder Historic Market Size by Country
6.1.1 Europe Power Steering Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Power Steering Cylinder Sales in Volume by Country (2018-2023)
6.1.3 Europe Power Steering Cylinder Sales in Value by Country (2018-2023)
6.2 Europe Power Steering Cylinder Forecasted Market Size by Country
6.2.1 Europe Power Steering Cylinder Sales in Volume by Country (2024-2029)
6.2.2 Europe Power Steering Cylinder Sales in Value by Country (2024-2029)
7 Asia-Pacific Power Steering Cylinder by Region
7.1 Asia-Pacific Power Steering Cylinder Historic Market Size by Region
7.1.1 Asia-Pacific Power Steering Cylinder Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Power Steering Cylinder Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Power Steering Cylinder Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Power Steering Cylinder Forecasted Market Size by Region
7.2.1 Asia-Pacific Power Steering Cylinder Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Power Steering Cylinder Sales in Value by Region (2024-2029)
8 Latin America Power Steering Cylinder by Country
8.1 Latin America Power Steering Cylinder Historic Market Size by Country
8.1.1 Latin America Power Steering Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Power Steering Cylinder Sales in Volume by Country (2018-2023)
8.1.3 Latin America Power Steering Cylinder Sales in Value by Country (2018-2023)
8.2 Latin America Power Steering Cylinder Forecasted Market Size by Country
8.2.1 Latin America Power Steering Cylinder Sales in Volume by Country (2024-2029)
8.2.2 Latin America Power Steering Cylinder Sales in Value by Country (2024-2029)
9 Middle East and Africa Power Steering Cylinder by Country
9.1 Middle East and Africa Power Steering Cylinder Historic Market Size by Country
9.1.1 Middle East and Africa Power Steering Cylinder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Power Steering Cylinder Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Power Steering Cylinder Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Power Steering Cylinder Forecasted Market Size by Country
9.2.1 Middle East and Africa Power Steering Cylinder Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Power Steering Cylinder Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Robert Bosch GmbH
10.1.1 Robert Bosch GmbH Company Information
10.1.2 Robert Bosch GmbH Introduction and Business Overview
10.1.3 Robert Bosch GmbH Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Robert Bosch GmbH Power Steering Cylinder Products Offered
10.1.5 Robert Bosch GmbH Recent Development
10.2 Precision Hydraulic Cylinders
10.2.1 Precision Hydraulic Cylinders Company Information
10.2.2 Precision Hydraulic Cylinders Introduction and Business Overview
10.2.3 Precision Hydraulic Cylinders Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Precision Hydraulic Cylinders Power Steering Cylinder Products Offered
10.2.5 Precision Hydraulic Cylinders Recent Development
10.3 ZF Friedrichshafen AG
10.3.1 ZF Friedrichshafen AG Company Information
10.3.2 ZF Friedrichshafen AG Introduction and Business Overview
10.3.3 ZF Friedrichshafen AG Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ZF Friedrichshafen AG Power Steering Cylinder Products Offered
10.3.5 ZF Friedrichshafen AG Recent Development
10.4 Thyssenkrupp Presta AG
10.4.1 Thyssenkrupp Presta AG Company Information
10.4.2 Thyssenkrupp Presta AG Introduction and Business Overview
10.4.3 Thyssenkrupp Presta AG Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Thyssenkrupp Presta AG Power Steering Cylinder Products Offered
10.4.5 Thyssenkrupp Presta AG Recent Development
10.5 Hyundai Mobis
10.5.1 Hyundai Mobis Company Information
10.5.2 Hyundai Mobis Introduction and Business Overview
10.5.3 Hyundai Mobis Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hyundai Mobis Power Steering Cylinder Products Offered
10.5.5 Hyundai Mobis Recent Development
10.6 Federal-Mogul Corporation
10.6.1 Federal-Mogul Corporation Company Information
10.6.2 Federal-Mogul Corporation Introduction and Business Overview
10.6.3 Federal-Mogul Corporation Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Federal-Mogul Corporation Power Steering Cylinder Products Offered
10.6.5 Federal-Mogul Corporation Recent Development
10.7 GKN Automotive
10.7.1 GKN Automotive Company Information
10.7.2 GKN Automotive Introduction and Business Overview
10.7.3 GKN Automotive Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.7.4 GKN Automotive Power Steering Cylinder Products Offered
10.7.5 GKN Automotive Recent Development
10.8 NSK
10.8.1 NSK Company Information
10.8.2 NSK Introduction and Business Overview
10.8.3 NSK Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.8.4 NSK Power Steering Cylinder Products Offered
10.8.5 NSK Recent Development
10.9 Mitsubishi Electric Corporation
10.9.1 Mitsubishi Electric Corporation Company Information
10.9.2 Mitsubishi Electric Corporation Introduction and Business Overview
10.9.3 Mitsubishi Electric Corporation Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Mitsubishi Electric Corporation Power Steering Cylinder Products Offered
10.9.5 Mitsubishi Electric Corporation Recent Development
10.10 Zhuzhou Elite Electro Mechanical
10.10.1 Zhuzhou Elite Electro Mechanical Company Information
10.10.2 Zhuzhou Elite Electro Mechanical Introduction and Business Overview
10.10.3 Zhuzhou Elite Electro Mechanical Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zhuzhou Elite Electro Mechanical Power Steering Cylinder Products Offered
10.10.5 Zhuzhou Elite Electro Mechanical Recent Development
10.11 JTEKT Corporation
10.11.1 JTEKT Corporation Company Information
10.11.2 JTEKT Corporation Introduction and Business Overview
10.11.3 JTEKT Corporation Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.11.4 JTEKT Corporation Power Steering Cylinder Products Offered
10.11.5 JTEKT Corporation Recent Development
10.12 Nexteer Automotive
10.12.1 Nexteer Automotive Company Information
10.12.2 Nexteer Automotive Introduction and Business Overview
10.12.3 Nexteer Automotive Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Nexteer Automotive Power Steering Cylinder Products Offered
10.12.5 Nexteer Automotive Recent Development
10.13 Mando Corporation
10.13.1 Mando Corporation Company Information
10.13.2 Mando Corporation Introduction and Business Overview
10.13.3 Mando Corporation Power Steering Cylinder Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Mando Corporation Power Steering Cylinder Products Offered
10.13.5 Mando Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Power Steering Cylinder Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Power Steering Cylinder Industrial Chain Analysis
11.4 Power Steering Cylinder Market Dynamics
11.4.1 Power Steering Cylinder Industry Trends
11.4.2 Power Steering Cylinder Market Drivers
11.4.3 Power Steering Cylinder Market Challenges
11.4.4 Power Steering Cylinder Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Power Steering Cylinder Distributors
12.3 Power Steering Cylinder Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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