Press release
Overview of Global Automotive Pump Market: Size, Trends, Share and Growth Forecast till 2022
The global market discussion on automotive pump industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Automotive Pump Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on automotive Pump market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.Request for Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=25
In the view of higher adoption of green technologies, OEMs are shifting their production procedures for automotive pumps. Within a couple of years, automotive pumps will be available integrated with multiple functions. While such automotive pumps will improve the performance of the vehicle, they will lower the product portfolio of pump manufacturers. The global market for automotive pumps is also expected to witness sluggish growth on the account of rising raw material prices associated with production of automotive pumps.
The Fact.MR report on the global automotive pumps market predicts that by the end of 2017, the global market will be valued at nearly US$ 48 Bn. The market will, however, soar at a steady pace, reflecting steady CAGR to reach US$ 60 Bn. Following highlights offer an insightful outlook on the expansion of global automotive pumps market during 2017-2022.
1. According to the report, the global market for automotive pumps will acquire highest share of revenues from the Asia-Pacific excluding Japan (APEJ) region. In consideration of large automobile manufacturing hubs such as China and South Korea situated in this region, the APEJ market for automotive pumps will account for over one-third share on the global market revenues throughout the forecast period.
2. The demand for automotive pumps is anticipated to be the lowest in Europe. By 2022, the sales of automotive pumps in Europe will have soared languidly, reflecting a listless CAGR.
3. North America’s automotive pumps market, too, is expected to witness decelerated sales of automotive pumps in 2017, harvesting revenues just over US$ 10 Bn. Conversely, the demand for automotive pumps in Japan will be relatively more exceeding than that in the US and Canada. The automotive pumps market in Japan is poised to set forth a moderate CAGR over the forecast period.
Demand for Fuel Injection Pumps to Ascent
With more than two-fifth share, fuel supply pumps are anticipated to remain in great demand, pertaining to their importance in improving the performance of automobile engine. By the end of 2022, more than US$ 25 Bn revenues will be amassed from global sales of fuel supply pumps. Growing preference to engines developed on advanced technologies is stimulating the demand for automotive pumps such as fuel injection pumps. In 2017, the global market for automotive pumps is likely to procure revenues worth nearly US$ 10 Bn from sales of fuel injection pumps.
Plastic Bumpers are Apt for Passenger Cars
The principal reason behind OEMs promoting the use of plastic bumpers over metal bumpers is their advantage in improving vehicle fuel efficiency. This advantage is congenial to passenger cars, which are supposed to be lightweight and more fuel efficient. Commercial vehicles, on the other hand, might do well by replacing the fragile plastic bumpers with their sturdy, metal counterparts. In 2017, nearly 70% of the global automotive plastic bumper revenues are pegged to be accounted by passenger cars. To the contrary, revenue growth of heavy commercial vehicle and light commercial vehicle segments is expected to reflect below 4% CAGRs over the forecast period.
Browse Full Report with TOC- https://www.factmr.com/report/25/automotive-pump-market
Table of Content:
Chapter 1. Global Automotive Pump Market – Executive Summary. 27
Chapter 2. Global Automotive Pump Market Overview. 29
2.1. Introduction. 29
2.1.1. Global Automotive Pump Market Taxonomy. 29
2.1.2. Global Automotive Pump Market Definition. 29
2.2. Global Automotive Pump Market Size (US$ Mn) and Forecast, 2012-2022. 29
2.2.1. Global Automotive Pump Market Y-o-Y Growth. 29
2.3. Global Automotive Pump Market Dynamics. 30
2.4. Supply Chain. 32
2.5. Cost Structure. 33
2.6. Pricing Analysis. 33
2.7. Raw Material Sourcing Strategy and Analysis. 33
2.8. List of Distributors. 33
2.9. Key Participants Market Presence (Intensity Map) By Region. 34
Chapter 3. Global Automotive Pump Market Analysis and Forecast By Pump Type. 35
3.1. Global Automotive Pump Market Size and Forecast By Pump Type, 2012-2022. 35
3.1.1. Fuel Supply Pump Automotive Pump Market Size and Forecast, 2012-2022. 35
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 35
3.1.1.2. Market Share Comparison, By Region. 36
3.1.1.3. Y-o-Y growth Comparison, By Region. 37
3.1.2. Fuel Injection Pump Automotive Pump Market Size and Forecast, 2012-2022. 37
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 37
3.1.2.2. Market Share Comparison, By Region. 39
3.1.2.3. Y-o-Y growth Comparison, By Region. 40
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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