Press release
Automotive Oil Pan Market Size, Share, Development by 2023
An oil pan is a component that typically seals the bottom side of four-stroke, internal combustion engines in automotive and other similar applications. While it is known as an oil pan in the U.S., other parts of the world may call it an oil sump. Its main purpose is to form the bottommost part of the crankcase and to contain the engine oil before and after it has been circulated through the engine. When an oil pan is removed, some components revealed usually include the crankshaft, oil pickup, and the bottom end of the dipstick. Some oil pans will also contain one or more magnets that are designed to capture small pieces of metal before they can plug the oil filter or damage the engine.
In past, automotive oil pan industry booms, production increased. The average growth rate of global production is about 4%.
In recent years, production growth rate was slowing down. And it will increase in low speed in short time.
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Global Automotive Oil Pan Market: Forecast by Type / Application / Region
As a side product of car industry and parking space, the development is affected completely by their development.
Development and popular level of new energy industry will affect the automotive oil pan industry in future.
In future, composites materials will displace cast aluminum and stamped steel in engine oil pans.
And engine oil pans, at least in North America, appear to be evolving from nonstructural to structural designs.
Over the next five years, LPI(LP Information) projects that Automotive Oil Pan will register a 2.0% CAGR in terms of revenue, reach US$ 1680 million by 2023, from US$ 1500 million in 2017.
Global Automotive Oil Pan Market: Key Players
Pacific Industrial
DANA
Mann+Hummel
Ahresty
AAM
Polytec Group
Hwashin
Yorozu
Minda KTSN
Spectra Premium
Yuchai Group
Zhongji Southern
Dalian Yaming
Shuang Ta
Shengrui Transmission
Chongqing Yujiang
Guangdong Hongtu
Wuxi Mighty
Ruian Zhongling
Wangda Group
Ruian Dongxingda
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Related Information:
United States Automotive Oil Pan Market Research Report 2018
Europe Automotive Oil Pan Market Research Report 2018
North America Automotive Oil Pan Market Research Report 2018
Asia-Pacific Automotive Oil Pan Market Research Report 2018
China Automotive Oil Pan Market Research Report 2018
EMEA Automotive Oil Pan Market Research Report 2018
Global Automotive Oil Pan Market Research Report 2018
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