Press release
Automotive Pumps Market Expected to Behold a CAGR of 5.1% through 2017 to 2026
Greater emphasis is being placed on developing advanced automotive technologies that can address the issues of carbon emission and energy consumption. Manufacturers are actively focusing on development of cost-effective and low-friction pumps that allow vehicles to reach higher fuel efficiency without compromising performance. Moreover, growing pressure from international environmental groups coupled with launch of initiatives at global level such as the Paris Agreement is compelling the auto industry to move towards technologies that are sustainable and green. In many parts of world, road transportation systems are being revamped and realigned with policies that are directed towards tackling air pollution and global warming.
With stricter emission laws in place, the industry is set to witness a shift towards electric mobility in the forthcoming years. However, internal combust is expected to remain the primary automotive technology at least for the next couple of decades, hence, manufacturers of fuel injection pumps are likely to remain focused on enhancing their product efficacy. Meanwhile, increased level of automation in passenger cars is expected create new growth avenues form market players during the forecast period. In addition, increasing collaboration between technology companies and carmakers is resulting in development of future-ready vehicular systems. Factor as such are expected to influence the global market for automotive during the assessment period.
Request Report Sample@ https://www.factmr.com/connectus/sample?flag=S&rep_id=376
Additional Highlight from the Report Include:
The automotive pump market in Asia Pacific excluding Japan (APEJ) is expected to remain highly lucrative throughout the projection period. The region’s market is expected to increase at a CAGR of 5.1% during the forecast period.
On the basis of pump type, the fuel supply segment is expected to remain highly profitable in the 2018 and beyond. Currently, the segment accounts for more than 43% revenue share of the global market and is estimated to reach a valuation in excess of US$ 30,700 Mn by 2026.
Based on technology type, the electric segment will retain its leading position over 2026. The segment currently commands for more than two-third revenue share of the market and is projected to exhibit a CAGR of 4.8% during the forecast period.
Based on vehicle type, the LCV segment is will continue to hold it dominant position over the next couple of years. The segment currently represents a market valuation of over US$ 7,800 Mn. Between 2017 and 2026, the segment is projected to increase at a CAGR of 5.6%.
On the basis of sales channel, the OEM segment is expected to surpass a market valuation of US$ 54,900 Mn by 2026, expanding at CAGR of 4% during the assessment period.
Request Report Methodology@ https://www.factmr.com/connectus/sample?flag=RM&rep_id=376
Competition Tracking
Some of the leading companies operating in the global market for automotive pumps include Aisin Seiki Co. Ltd., Denso Corporation, Johnson Electric, Mikuni Corporation, TRW Automotive, Davies Craig, Delphi Automotive, Robert Bosch Gmbh, KSPG AG-A, Magna International, SHW AG, Continental AG, and Mahle Group.
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized 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.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Follow us in Linkedin: https://www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Pumps Market Expected to Behold a CAGR of 5.1% through 2017 to 2026 here
News-ID: 1176569 • Views: …
More Releases from Fact.MR
Newborn Metabolic Screening Market to US$ 857.4 Million by 2034
According to estimates, the Newborn Metabolic Screening Market will be valued US$ 355.1 million by 2024. With a predicted growth rate of 9.2% between 2024 and 2034, the need for newborn metabolic screening is expected to rise in a positive manner. By 2034, the market is expected to be worth more than US$ 857.4 million. the market is growing mainly because parents and healthcare professionals are becoming more aware of…
Automotive Interior Material Market Rising Demand Propels to US$ 857.4 Million b …
The Vehicle Interior Materials Market is expected to grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2034, with a projected value of US$ 59.6 billion. One major factor increasing demand for car interior materials is the increased emphasis on reducing the overall weight of vehicles to enhance fuel economy. Modern plastics and composites are now practical choices for interiors due to their improved stiffness, strength,…
Industrial Vacuum Cleaner Market Outlook CAGR of 5% Expected by 2033
The global Industrial Vacuum Cleaner Market (産業用掃除機市場) is projected to reach a value of US$ 1.65 billion by 2033, with a forecasted Compound Annual Growth Rate (CAGR) of 5% over the next decade. Industrial vacuum cleaners operate similarly to conventional cleaners by using motor-driven fans to create suction, drawing in dust particles into attached dust bags. However, they excel in wet cleaning, offering options for water-based cleaning on various surfaces.…
Insomnia Treatment Market Expected to Grow at 5.2% CAGR from 2024 to 2034
The global insomnia treatment market (不眠症治療市場) is projected to reach a value of US$ 6,886.1 million by 2024 and is expected to grow at a CAGR of 5.2% from 2024 to 2034, reaching US$ 11,385.5 million in 2034. A key driver of this growth is the increasing awareness and understanding of insomnia among patients and healthcare professionals. Insomnia is a prevalent sleep disorder affecting millions worldwide, driving the demand for…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
