Press release
Automotive Pumps Market by Pump Type - Fuel Supply, Fuel Injection, Transmission Oil, Engine Oil, Steering, Coolant, Windshield Washer, Vacuum; Sales Channel Type - Electric, Mechanical; Vehicle Type - Passenger Car, LCV, HCV
Automotive Pumps
The report delivers a thorough analysis of the key factors responsible to transform the growth trajectory of the automotive pumps market. Increasing demand for fuel-efficient vehicles and expansion of automotive aftermarket are few of the prime fillips identified which are likely to drive the automotive pumps market in the coming years.
Request Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=25
Study envisages that increasing demand for light-weight fuel-efficient vehicles has led to the adoption transition from mechanical pumps to electrical pumps. This analysis has revealed the dominance of electrical pumps in the automotive pumps market with over two-third revenue share of the market and over 4% of CAGR during the forecast.
Manufacturers in the automotive pumps market are observed to engage in developing efficient fuel supply pumps that facilitate lower fuel consumption, are affordable and meet the quality standards. Further, as per the study, demand for high-performance vehicles with optimum fuel economy has increased adoption of fuel supply pumps. Based on this, the study reveals that the fuel supply pumps segment is estimated to report the highest revenue among all pump types and surpass US$ 30,700 Million by the end of 2026. The fuel injection pumps are estimated to report rapid expansion owing to steadily rising sales of diesel-powered automobiles.
During the forecast period, with one of the largest automotive manufacturing markets in the world, the Asia Pacific excluding Japan (APEJ) region is expected to helm the automotive pumps market, representing a CAGR surpassing 5%. Ameliorating economic scenario and low labor costs in the region, particularly in China and South Korea, have bolstered the growth of the automotive manufacturing industry, in turn, explaining lucrativeness of the market.
Browse Full Report @ https://www.factmr.com/report/25/automotive-pump-market
Based on vehicle type, the passenger car (PC) segment reported the highest market valuation owing to the impressive sales of passenger vehicle across world regions. However, light commercial vehicle (LCV) segment was analyzed to be the rapidly expanding segment with the CAGR over 5% during the period of 2017 – 2026 against the backdrop of improving sales of LCVs, particularly in APEJ and North America.
Another important insight derived in the study is regarding the changing dynamics of the sales channel in the automotive pumps market. Expansion of aftermarket in the automotive industry is evident, however, owing to the rising importance of green technology, OEMs in the automotive pumps market are shifting their production procedures towards manufacturing a single, all-purpose automotive pumps with multiple functions. According to the Fact.MR valuations, the OEM sales channel clearly dominates the sales channel segment with the sales touching US$ 55,000 Mn by 2026 end and is expected to grow at a CAGR of 4% during the forecast period.
Major emphasis is given on the changing regulatory standards with respect to carbon emission and energy consumption and their impact on the automotive industry growth. As automakers shift their production strategies towards developing advanced automotive technologies, automotive pumps market is expected to move in the direction of novel product developments in a bid to meet the stringent emission and energy standards. Further, evolution in the vehicle design, especially electric and autonomous vehicles as the next-gen vehicles with the advanced automotive technologies are expected to challenge the growth of the automotive pumps market during the forecast period. The study elaborates business strategies of manufacturers that are developing novel designs of automotive pumps suitable to the modern design of next-gen vehicles.
Speak To Research Analyst for Detailed Insights @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=25
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
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Read Industrial News : https://theswisstimes.com/
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 by Pump Type - Fuel Supply, Fuel Injection, Transmission Oil, Engine Oil, Steering, Coolant, Windshield Washer, Vacuum; Sales Channel Type - Electric, Mechanical; Vehicle Type - Passenger Car, LCV, HCV here
News-ID: 1634720 • Views: …
More Releases from Fact.MR
Managed Security Services Market is Projected to Reach USD 93.72 Billion by 2034 …
The global managed security services (MSS) market is estimated at USD 27.85 billion in 2024 and is projected to increase at a remarkable CAGR of 12.9% to reach a value of USD 93.72 billion by the end of 2034. This expansion is driven by the escalating cyber threats, regulatory compliance requirements, and the growing complexity of IT environments. Managed security services provide outsourced monitoring and management of security devices and…
Magneto Resistive RAM Market is Estimated to Reach USD 7.25 Billion by 2034 | Ke …
Magneto Resistive RAM Market is estimated at USD 650.9 million in 2024 and is projected to grow at a CAGR of 27.3%, reaching USD 7.25 billion by 2034. This explosive expansion is driven by MRAM's superior attributes, including high-speed access, compact size, and resilience, making it ideal for edge computing, IoT devices, and applications requiring data durability. MRAM is increasingly replacing traditional flash and DRAM due to its scalability, density,…
Scalp Health Market is Forecasted to Reach USD 18.4 Billion by 2035 | Fact.MR Re …
Scalp Health Market is projected to reach USD 18.4 billion by 2035, rising from USD 9.6 billion in 2025, with a projected CAGR of 6.7% during the forecast period. This shift signifies a critical evolution in consumer behavior - one where the scalp is no longer viewed as a peripheral concern within haircare but as a standalone health domain intersecting dermatology, neurocosmetics, and preventative wellness. Driven by rising awareness of…
Basal Insulin Market is Projected to Reach USD 44,659 Million by 2035 | Key Play …
The global basal insulin market is expected to reach USD 44,659 million by 2035, up from USD 18,893 million in 2024. During the forecast period 2025 to 2035, the industry is projected to register at a CAGR of 8.3%, driven by the increasing burden of Type 2 diabetes, patient-friendly once-daily dosing, and advancements in long-acting analogs such as degludec and glargine. Enhanced delivery technologies, robust R&D, and expanding global diabetes…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
