Automotive Pumps Market: 2018 Global Size, Share Size, Trends, Regional Analysis For Fuel, Oil, Steering, Water, and Fuel Injection Pump

April. 3, 2018 (NEWS) -- Automotive Pumps Market Research Report 2018 expands information on Automotive Pumps Market by product (Fuel Pump, Oil Pump, Steering Pump, Water Pump, Fuel Injection Pump and other),By Technology (Mechanical, electrical) By Vehicle type (Passenger car, LCV, HUV, two wheeler ) and by Regions. The global market of Automotive Pumps will grow at a rapid pace over the forecast period. Booming automotive industry leads to increase in demand for automotive pumps market. The increase in vehicle production along with emission norms, as well as adoption of new technologies are some of the factors which drives the market.

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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. The electric automotive pumps are controlled using an ECU which helps them to adapt to situation, thereby increasing the fuel economy. Automakers examine the internal working of existing automotive system, owing to the introduction of stringent emission regulations and consumer preference for fuel efficiency. By increasing the efficiency of the internal vehicular components, vehicle manufacturers focus on improving fuel economy.

Automotive Pumps Market Companies Analyzed in report are: 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.

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. However, the growth of the automotive pumps market is expected to be restrained by the stringent norms by government agencies for use of traditional internal combustion engines which generate high toxic emissions. The rise in demand for electric vehicles will consequently affect the automotive pump market.

Market Segmentation:

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.

Geographic Analysis:

In Asia Pacific region, steady automotive sales and increasing emphasis on curbing vehicular emissions will continue to boost demand of the automotive pumps market. Strict emission regulations, combined with rising demand for fuel-efficient automobiles and growing focus on original equipment manufacturers expanding the market contribute towards the market growth in Asia Pacific region. However, rising adoption of electric motors and long replacement cycles can pose challenges to growth of the market. The automotive sector in regions such as the North America and Europe is shifting towards electric vehicles due to the growing environmental concerns, increasing fuel prices, and high maintenance and purchasing costs of internal combustion engine vehicles.

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Target Audience of Report:

This report mainly focuses on Automotive Pumps market Distributer & Supplier companies, and end Users. Investment bankers and consultants with end user for Automotive Pumps market also analyzed. And finally Government and Independent Regulatory Authorities involved with Global Automotive Pumps market studied.

The report for Global Automotive Pumps Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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