Press release
Automotive Water Pump Market Industry Growth Situation and Prospects Research forecast 2021-2027 | Longji Group, Jung Woo Auto
The Automotive Water Pump market research report is analyzed and evaluated with the help of various marketing tools, such as SWOT analysis, Poster’s Five Force analysis, PESTEL analysis, value chain analysis, player positioning analysis, and market share analysis. Hence, this analysis tool aids the analyst to evaluate the Automotive Water Pump market based on numerous parameters such as capital investments, the impact of consumer’s preferences, economies of scale, manufacturing rights and patents, existing distribution channels, switching costs, government regulations, and brand loyalty.The Automotive Water Pump market is expected to grow at a compound annual growth rate of 7.1% during the forecast period of 2021 to 2027.
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major key players are: Aisin Seiki, KSPG AG, Bosch, Xibeng, Continental, Gates Corporation, GMB Corporation, ACDelco, Fawer, Jinglong, US Motor Works, Edelbrock, Dongfeng, Longji Group, Jung Woo Auto
Market Overview:
Centrifugal pumps are widely used for hydrocarbon processing, refineries, water injection, and pipeline services. With the increase in the refining capacity, the demand for centrifugal pumps is likely to increase.
Moreover, the technological development, which has rendered deepwater and ultra-deepwater exploration feasible and cost-effective, is expected to increase oil production over the forecast period. It can provide an opportunity for market growth during the forecast period.
Asia-Pacific was the dominant region in the market in 2019, owing to factors like increasing industrialization, increasing population, and increasing refining capacity.
Automotive Water Pump Market Segmentation by Type:
Passenger Car
Commercial Vehicle
Automotive Water Pump Market Segmentation by Application:
Mechanical Water Pump
Electric Water Pump
Industrial News:
China is expected to account for the significant growth in crude oil refining capacity between 2019 and 2025 in Asia-Pacific (APAC). The country is expected to account for 26.8% of the total refining expansion capacity in the region by 2025.
Additionally, India’s refining capacity witnessed a CAGR of 3.36% between 2009-2010 and 2018-2019. As of August 2018, India Oil Corp., India’s largest refining company, had plans to increase its refining capacity from 80.7 million metric ton per annum to 150 million metric ton per annum by 2030. Additionally, projects worth INR 320 billion are in various stages of execution.
Regional Analysis Contains:
North America (United States, Canada & Mexico)
Asia-Pacific (Japan, China, India, Southeast Asian Countries & Australia etc.)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands & Belgium etc.)
Central & South America (Brazil, Argentina, LATAM etc.)
Middle East & Africa (United Arab Emirates, Qatar, Saudi Arabia, Israel & South Africa etc.)
For detailed insights on Global Automotive Water Pump Market Size, competitive landscape is provided i.e. Revenue Share Analysis (Million USD) by Players, Revenue Market Share (%) by Players and further a qualitative analysis is made towards market concentration rate, product differentiation, new entrants are also considered in heat map concentration.
Covid-19 Impact and Recovery Analysis:
The growing demand for energy efficiency, rising infrastructure, and industrialization in Asia-Pacific are the drivers driving the market's growth. On the other hand, the influence of the COVID-19 epidemic on the Automotive Water Pump industry could function as a stumbling block to the market's expansion. Several concerns have prolonged the closure of all actions at their facilities until additional directions from government officials are received. Some companies' plants have started working, which is a helpful sign.
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Table of Contents: Automotive Water Pump Market
- Chapter 1: outline of Automotive Water Pump marketplace
- Chapter 2: global market standup and forecast through a region
- Chapter 3: Global Automotive Water Pump market popularity and forecast by using types
- Chapter 4: global market position and forecast by with Downstream enterprise
- Chapter 5: Automotive Water Pump market riding issue evaluation
- Chapter 6: market hostility standing by major players
- Chapter 7: vital manufacturers Performance and market data
- Chapter 8: Upstream and Downstream Automotive Water Pump market investigation
- Chapter 9: Elevated and remaining part study
- Chapter 10: advertising reputation research
- Chapter 11: marketplace file end
- Chapter 12: research technique and Reference
Frequently Asked Questions (FAQ):
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Which fiber of Automotive Water Pump holds the largest market share?
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