Global Automotive Hydraulics System Market Size & Outlook

The automotive hydraulics system industry worldwide is expected to reach a projected revenue of US$ 57,926.7 million by 2030. A compound annual growth rate of 4.1% is expected of the worldwide automotive hydraulics system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$43,713.0
Forecast, 2030 (US$M)
$57,926.7
CAGR, 2024 - 2030
4.1%
Report Coverage
Worldwide

Global automotive hydraulics system market, 2018-2030 (US$M)

Global automotive hydraulics system market highlights

  • The global automotive hydraulics system market generated a revenue of USD 43,713.0 million in 2023 and is expected to reach USD 57,926.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.1% by 2030.
  • In terms of segment, oem accounted for a revenue of USD 43,713.0 million in 2023.
  • OEM is the most lucrative sales channel segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 43,713.0 million
Market revenue in 2030USD 57,926.7 million
Growth rate4.1% (CAGR from 2023 to 2030)
Largest segmentOem
Fastest growing segmentOEM
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOEM

Other key industry trends

  • In terms of revenue, the North America accounted for 27.3% of the global automotive hydraulics system market in 2023.

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Automotive Hydraulics System Market Scope

Automotive hydraulics system market segmentation & scope
OEM
Aftermarket
Component
Master Cylinder
Slave Cylinder
Reservoir
Hose
Application
Brakes
Clutch
Suspension
Tappets
On Highway Vehicle
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Off Highway Vehicle
Agriculture Equipment
Construction Equipment
Countries
U.S.
Canada
Mexico
UK
France
Italy
Spain
Sweden
Norway
Denmark
Germany
India
China
Australia
Japan
Thailand
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Automotive Hydraulics System Market Companies

Name Profile # Employees HQ Website

Global automotive hydraulics system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive hydraulics system market will help companies and investors design strategic landscapes.


Oem was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global automotive hydraulics system market based on oem covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Automotive Hydraulics System Sales Channel Outlook (Revenue, USD Million, 2018-2030)
    • OEM
    • Aftermarket
  • Global Automotive Hydraulics System Component Outlook (Revenue, USD Million, 2018-2030)
    • Master Cylinder
    • Slave Cylinder
    • Reservoir
    • Hose
  • Global Automotive Hydraulics System Application Outlook (Revenue, USD Million, 2018-2030)
    • Brakes
    • Clutch
    • Suspension
    • Tappets
  • Global Automotive Hydraulics System On Highway Vehicle Outlook (Revenue, USD Million, 2018-2030)
    • Passenger Cars
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles
  • Global Automotive Hydraulics System Off Highway Vehicle Outlook (Revenue, USD Million, 2018-2030)
    • Agriculture Equipment
    • Construction Equipment

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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive hydraulics system market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive hydraulics system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global automotive hydraulics system market size, by regions, 2018-2030 (US$M)

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