The global Automotive Electro-Hydraulic Power Steering Market is estimated to surpass $22.6 billion mark by 2026 growing at an estimated CAGR of more than 5.8% during the forecast period 2021 to 2026.
The Global Automotive Pumps Market is projected to grow at a CAGR 5.49% rate from 2021 to 2026. Automotive pumps perform different functions including raising, compressing, or transferring fluids by mechanical action and facilitate circulation of fluids around a system for a vehicle's operational performance. Mechanical pump is expected to be the largest segment. The mechanical pump is anticipated to be the largest market during the forecast period.