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Automotive Pumps Market Will Reach USD 25.76 Billion By 2026 | Key Players- Aisin Seiki, Delphi, Denso, Johnson Electric, Bosch, KSPG

03-26-2020 08:40 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Reports and Data

Automotive Pumps Market

Automotive Pumps Market

The automotive pumps market was valued at USD 15.8 billion in 2018 and is expected to reach USD 25.76 billion by year 2026, at a CAGR of 6.3% CAGR during the forecast period (from 2018 - 2026). The growth of the automotive pumps market is majorly driven by the key factors, including the growing implementation of stringent environmental regulations, rising vehicle production and demand, and increasing vehicle electrification. Further, the rising in the adoption of advanced automotive technologies such as gasoline direct injection and automatic transmission is also driving the growth of the automotive pumps market.
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Many companies like Aisin Seiki (Japan), Delphi (UK), Denso (Japan), Johnson Electric (Hong Kong), Bosch (Germany), KSPG (Germany), Magna (Canada), SHW (Germany), and ZF (Germany), and others are operating in the automotive pumps marketplace

Automotive pumps are one of the critical components of the entire automotive system where pumps transfer pressurized automotive fluids to different vehicle components such as the lubrication system, fuel system, coolant system, transmission system, and steering system. Based on the function, automotive pumps are categorized as the oil pump, fuel pump, steering pump, transmission pump, windshield washer pump, and vacuum pump, and others.

The study is segmented distinctly according to the various aspects of this market. It also evaluates the current scenario and the future of the market by using the forecast horizon. The forecast is formulated based on the volume and revenue of this market. The tools used for analyzing the Global Automotive Pumps Market research report include SWOT analysis.

For the purpose of this study, Reports and Data have segmented the industry by Type, by Technology, by Displacement, by Vehicle type, by Propulsion, by Channel and by Region:

Automotive Pumps Market by Type (Revenue, USD Million; 2016-2026)
o Fuel Pump
o Fuel Injection Pump
o Water Pump
o Windshield Pump
o Steering Pump
o Transmission Oil Pump
o Vacuum Pump
o Headlight Washer Pump
o Braking System

Automotive Pumps Market by Technology (Revenue, USD Million; 2016-2026)
o Electric
o Mechanical
o Diaphragm Pump
o Plunger-type
o Turbo Pumps

Automotive Pumps Market by Displacement (Revenue, USD Million; 2016-2026)
o Variable Displacement
o Fixed Displacement

Automotive Pumps Market by Vehicle Type (Revenue, USD Million; 2016-2026)
o 2 Wheeler
o 4 Wheeler
o Passenger Cars
o Commercial Vehicles

Automotive Pumps Market by Propulsion Type (Revenue, USD Million; 2016-2026)
o Gasoline Operated
o Electric Powered

Automotive Pumps Market by Channel (Revenue, USD Million; 2016-2026)
o OEM
o Aftermarket

Regional Outlook (Revenue in USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

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The Asia Pacific region is projected to be the largest market by 2026. The region includes some of the rapidly growing economies of the world, such as India and China. Further, the Asia Pacific region is the major market for the automotive industry as the growing purchasing power of customers has prompted the demand for automobiles in the region. Also, the increasing demand for commercial vehicles and passenger cars in the region are propelling the growth of the market. Concerns over ecological imbalance caused by vehicle emissions have increased in the past decade in countries such as India, China, Malaysia, and Thailand. These issues have forced major automakers to shift focus toward more fuel-efficient vehicles. Hence, Asia Pacific is anticipated to show higher growth in the market over the forecast period. Moreover, the rising demand for commercial vehicles in emerging economies of the region is likely to fuel the growth of the Asia Pacific market during the forecast period. The low replacement rate is one of the key factors restraining the growth of the automotive pumps market. With the advancement of technology, the replacement rates of automotive pumps are expected to be further lowered. This implies the low potential for automotive pumps in the aftermarket manufacturers globally.

Table of Content
Global Automotive Pumps Market Research Report
Chapter 1 Global Automotive Pumps Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Automotive Pumps Market Forecast

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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