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2022 Automotive Pumps Market Size, Trends, Industry Analysis, Overview, Share And Forecast To 2031
Automotive Pumps Market
The regions covered in the automotive pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest automotive pumps market share.
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The automotive pumps market consists of sales of automotive pumps by entities (organizations, partnerships, and sole proprietors) that are used in vehicles to transmit fluids (liquid or gas) by lowering or raising the pressure on the fluids to improve vehicle performance and fuel efficiency. Automotive pumps function by lifting, compressing, or transferring fluids around the vehicle's operating system by using mechanical force or electric energy from a motor.
Key competitors in the automotive pumps market include Aisin Seiki, Denso Corporation, Robert Bosch GmbH, Johnson Electric, KSPG AG, Magna International, SHW AG, ZF, Continental AG, Concentric AB, HELLA KGaA Hueck & Co., Seiki Co. Ltd, Valeo, Hitachi Automotive Systems Ltd., JTEKT Corporation, Magneti Marelli S.p.A, Pricol Ltd., TI Automotive Ltd, Rheinmetall Automotive AG, The Sherwin-Williams Company, and Mikuni Corporation.
The global automotive pumps market size is expected to grow from $18.95 billion in 2021 to $19.76 billion in 2022 at a compound annual growth rate (CAGR) of 4.25%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive pump market size is expected to reach $24.34 billion in 2026 at a CAGR of 5.35%.
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TBRC's report segments the global automotive pumps market:
1) By Pump Type: Automotive Fuel Injection Pumps, Automotive Fuel Supply Pumps, Automotive Engine Oil Pumps, Automotive Transmission Oil Pumps, Automotive Coolant Pumps, Automotive Steering Pumps, Automotive Vacuum Pumps, Automotive Windshield Washer Pumps
2) By Electric Vehicle Type: BEV, FCEV, HEV, PHEV
3) By Technology Type: Electric Automotive Pumps, Mechanical Automotive Pumps
4) By Sales Channel: OEM, Aftermarket
Read further on the automotive pumps market here:
https://www.thebusinessresearchcompany.com/report/automotive-pumps-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Automotive Pumps Market Characteristics
3. Automotive Pumps Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Pumps Market
5. Automotive Pumps Market Size And Growth
.....
26. Africa Automotive Pumps Market
27. Automotive Pumps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Pumps Market
29. Automotive Pumps Market Future Outlook And Potential Analysis
30. Appendix
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