Remanufactured Hydraulic and Electric Components to Continue to Dominate Growth Opportunities
This project considers growth opportunities in the North American aftermarket for hydraulic power steering pumps, racks, and gears as well as electric power steering racks. The deliverable forecasts demand for new and remanufactured products and average manufacturer-level price through 2029, and evaluates markets shares, distribution channels, and technology trends. Brief profiles of key suppliers are provided, and the impact of CASE (connected, automated, shared, and electric) vehicles are discussed.
Leading brands in the North American select power steering aftermarket are BBB Industries, CARDONE Industries, Robert Bosch LLC, AAE (CRP Automotive), Lares Corporation, Plews & Edelmann, and PWR Steer.
RESEARCH SCOPE
The base year is 2022, and the forecast period is from 2023 to 2029.
KEY ISSUES ADDRESSED
- What is the current size of the aftermarket for selected power steering components in terms of revenue and unit shipments, and how will it change by 2029?
- What is the average manufacturer-level price for each component, and how will it change by 2029?
- What is the market share of major brands for each component type?
- What does the distribution channel for each component look like?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BBB Industries
- CARDONE Industries
- Robert Bosch LLC
- AAE (CRP Automotive)
