North America Is Projected To Grow At A Noteworthy Growth Rate Owing To Increasing Production Of Commercial Vehicles During 2022-2032
Automotive Power Steering Pump Market: Overview
Automotive power steering pumps assist the moment of power steering system by applying the principle of fluid mechanics. Steering pumps also enhance the performance of steering as well as reduce the noise level of steering system, which is caused due to harsh turning of the vehicle.
Generally, vane type pumps are used in the power steering system as they subsequently increase the pressure of transmitted pump by the utilizing vanes. Flexible hoses are used for transmitting the power of engine to steering pump through fluid medium.
Tech giants are engaged in manufacturing of lightweight casing of automotive power steering pumps, in which the mechanism and controlling will be ecofriendly and energy efficient and consume less energy of engine and provide high turn ability to the vehicle.
Automotive Power Steering Pump Market: Key Participant
Examples of some of the key players in the global automatic power steering pump market are:
- Robert Bosch GmbH
- Nexteer Automotive
- ZF Friedrichshafen AG
- Hitachi Automotive Systems, Ltd.
- JTEKT Corporation
- Rapid Precision Engineering
- Quanxing Machining Group Co., Ltd.
- GKN plc.
- Maval Industries
- Automation Tooling Systems Inc.
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Automotive Power Steering Pump Market: Segmentation
The global automotive power steering pump market can segmented on the basis of product type, vehicle type and sales channel.
On the basis of product type, the global automotive power steering pump market is segmented as:
- Vane automotive power steering pump
- Roller automotive power steering pump
- Slipper automotive power steering Pump
On the basis of vehicle type, the global automotive power steering pump market is segmented as:
- LCV (Light Commercial Vehicle)
- HCV (Heavy Commercial Vehicle)
- PC (Passenger Car)
- Sport Car
On the basis of sales channel, the global automotive power steering pump market is segmented as: