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Los Angeles, CA -- (SBWire) -- 02/19/2019 --In automobiles, power steering is a device that helps drivers steer by augmenting steering effort of the steering wheel.
The passenger cars segment accounted for the major shares of the automotive steering pump market. Factors such as the increased demand for passenger cars in the developing countries such as China, India, Indonesia, Mexico, and Thailand will contribute to the growth of this industry segment in the coming years.

In terms of geographic regions, APAC will be the major revenue contributor to the automotive steering pump market throughout the forecast period. The rising disposable incomes of middle-class families, increased initiatives to lower the carbon emissions and improve the fuel efficiency of vehicles will drive the market growth in the region.

The global Automotive Steering Pumps market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Automotive Steering Pumps volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Steering Pumps market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Bosch

Nexteer

ZF

JTEKT Corporation

Aisin Seiki

Denso

Delphi

Johnson Electric

GKN Group

Magna

Melling Tool Company

Hitachi Automotive Systems Americas

ATS Automation Tooling Systems

Segment by Type

Mechanical Hydraulic Power Steering

Electronic Hydraulic Power Steering

Electric Power Steering

Segment by Application

Passenger Cars

Commercial Vehicles

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