The foremost companies in the Automotive Pumps market consist of Aisin Seiki Co. Ltd., Delphi Automotive, Denso Corporation, Robert Bosch Gmbh, Johnson Electric, KSPG AG-A- Rheinmetall, Mikuni Corporation, Magna International, TRW Automotive and SHW AG.
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The major driving factors for the global automotive pumps market are rising vehicle production, growing vehicle electrification, increasing execution of environmental regulations and manufacturers increasing integration of advanced automation techniques such as automatic transmission and gasoline turbocharged direct injection into vehicles to restrict automobile emissions worldwide.
New technologies such as automatic transmission and gasoline turbocharged direct injection are mostly used to improve the performance of vehicle. Moreover, trend shifted towards electrification as well as more emphasis on fuel efficiency spur the growth of automotive pump market. Along with this, growing demand for environment friendly services has ensured manufacturers to plan for efficient automotive pumps. Additionally, increasing demand for fuel efficient vehicles has significantly pushed the demand in the automotive pumps market.
Manufacturers are designing fixed displacement oil pumps to allow maximum oil to be circulated through the engines for absorbing the heat generated, lubricating the moving parts, and reducing the wear and tear. The excess oil is redirected to the oil reservoir, for which the automotive oil pump utilizes a considerable amount of engine power, which affects the working of the engine. The increasing demand for passenger cars and heavy trucks, especially in the developing countries will drive the global automotive pump market during the forecast period.
Automotive Pumps Segment Analysis:
Segmentation by product – Fuel Pump, Oil Pump, Steering Pump, Water Pump, Fuel Injection Pump and other
Segmentation by Technology – Mechanical, electrical
Segmentation by Vehicle type – Passenger car, LCV, HUV, two-wheeler
Segmentation by Regions: North America, Europe, APAC and Rest of the World.
Detailed Regional Analysis:
Asia pacific is referred as fastest and largest growing market for automotive Pumps. Countries such as china and India showing growth due to attributing features such as light weight vehicles as well as enhanced fuel efficiency. Increased production capacity in terms of volume and new facilities with innovative technological advancements are driving the market of automotive pumps in the APAC region.
Whereas, Western Europe ranked second for the automotive pumps. Moreover, innovation in ICT segment is referred as a key competence for the growth in this region. Already existing major market players are heavily investing in research and development which is expected to further fuel the demand for automotive pumps market in this region.
Table Of Content:
1. REPORT PROLOGUE
2. INTRODUCTION
2.1. DEFINITION
2.2. SCOPE OF THE STUDY
2.2.1. RESEARCH OBJECTIVE
2.2.2. ASSUMPTIONS
2.2.3. LIMITATIONS
2.3. MARKET STRUCTURE
2.4. MARKET SEGMENTATION
Continued…
LIST OF TABLES:
Table 1 Global Automotive Pumps Market: By Type, 2014-2022 (USD Billion)
Table 2: Automotive Pumps Global Market, By Region, 2014-2022 (USD Billion)
Table 3 Automotive Pumps Glboal Market, By Region, 2014-2022 (USD Billion)
Table 4 Automotive Pumps Glboal Market, By Region, 2014-2022 (USD Billion)
Continued…
LIST OF FIGURES:
FIGURE 1 Automotive Pumps Global Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Automotive Pumps Global Market
FIGURE 4 Value Chain Of Automotive Pumps Global Market
Continued…
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