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Transmission Oil Pumps Market Growth Focusing on Trends & Innovations During the Period Until 2028

06-04-2021 11:51 AM CET | Logistics & Transport

Press release from: Allied Market Research

Transmission Oil Pumps Market

Transmission Oil Pumps Market

Transmission oil pumps are either fixed displacement or variable displacement pumps, which are used in vehicles having automatic transmission. Displacement is the volume of fluid moved by the pump during each cycle. A fixed displacement pump moves a fixed amount of fluid with each cycle and the rate of transmission totally depends on the speed of the engine. As the engines speed increases, the pumps flow rate increases. Depending on the driving cycle and control strategy, transmission oil pumps reduce the overall CO2 emissions of a vehicle by approximately 3-4%. Furthermore, in automatic transmissions, the controlled pump offers huge benefits with respect to variable shifting, fuel efficiency, and control strategies.

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The global transmission oil pumps market is expected to witness a significant growth due rapid increase in demand for automatic cars, especially in emerging economies such as China, India, Brazil, Russia, and others. This huge demand is attributed to rise in per capita disposable incomes and increase in consumer spending. Moreover, surge in demand for electrical transmission oil pumps is a major factor fueling the market growth. Furthermore, technological advancements and increase in R&D activities accelerate the growth of the market. However, introduction of cheaper alternatives is a major factor that hampers the market growth.

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The global transmission oil pumps market is segmented on the basis of type, displacement type, application, and geography. Based on type, the market is categorized into vane type, gear type, and rotor type. By displacement type, it is classified into fixed displacement and variable displacement. The applications covered in the study include passenger cars, light commercial vehicles, and heavy commercial vehicles. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global market are focusing on key market strategies such as mergers, acquisitions, collaborations, and partnerships.

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Some of the key players in the global market include:

Stackpole International
TRW Automotive
Magna Closures Automotive Pvt. Ltd.
Nidec Corporation
Bosch Rexroth
Tsang Yow Industrial Co. Ltd.
Shenglong Group
SHW Company
KSPG Group
Toyo Advanced Technologies
Key Benefits

This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2025 to assist to identify the prevailing market opportunities.

Major countries in each region are mapped according to the individual market revenue.

The region-wise and country-wise market conditions are comprehensively analyzed.

This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.

The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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