Press release
Automobile Oil Pump Market Outlook : $28.0 Billion by 2033 at a CAGR of 4.5%
Allied Market Research published a report, titled, "Automobile Oil Pump Market by Type (Positive Displacement Oil Pumps, Centrifugal Oil Pumps, Gear Oil Pumps, Vane Oil Pumps, Rotor Oil Pumps, Axial Piston Oil Pumps, and Others) , Application (Passenger Cars, Commercial Vehicles, Industries Machinery, Aerospace, Oil and Gas, Power Generation, Marline, and Others) , and End-user Industry (Automotive OEMs, Automotive Aftermarket, Industrial Manufacturing, Oil and Gas Exploration and Production, Aerospace OEMs, Power Generation Plants, Marine Industry, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the automobile oil pump market was valued at $18.5 billion in 2023, and is estimated to reach $28.0 billion by 2033, growing at a CAGR of 4.5% from 2024 to 2033.๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/A188806
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ :
๐๐ก๐ ๐๐๐ง๐ญ๐ซ๐ข๐๐ฎ๐ ๐๐ฅ ๐จ๐ข๐ฅ ๐ฉ๐ฎ๐ฆ๐ฉ๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐๐ฌ๐ญ๐๐ซ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐.
The centrifugal oil pumps segment is anticipated to experience faster growth in the oil pump market due to their adaptability. Centrifugal oil pumps find employment in a wide range of sectors and settings, including power generation, oil and gas, automotive, industrial, and marine. They are widely used because of their adaptability to a variety of applications and their capacity to handle a wide range of fluids at various flow rates and pressures. Centrifugal oil pumps are known for their high efficiency in transferring fluids. They utilize rotating impellers to create centrifugal force, which propels the fluid outward, generating pressure and flow. This design results in efficient fluid transfer with minimal energy losses, making centrifugal pumps attractive for applications where energy efficiency is paramount.
๐๐ก๐ ๐จ๐ข๐ฅ ๐๐ง๐ ๐ ๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐๐ฌ๐ญ๐๐ซ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐.
The oil and gas segment is anticipated to experience faster growth in the oil pump market owing to oil pumps are essential to the oil and gas sector for a number of vital processes, such as the extraction, distribution, transportation, and refining of crude oil. Oil pumps allow fluid circulation, maintain pressure, and guarantee effective operations throughout the production and refining processes in drilling rigs, producing wells, pipelines, and refineries. The oil and gas sector operates on a massive scale, with extensive infrastructure comprising drilling rigs, offshore platforms, pipelines, storage tanks, and refineries. These facilities require numerous oil pumps of various types and capacities to handle the vast volumes of crude oil, natural gas, and petroleum products involved in exploration, production, and processing activities.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/automobile-oil-pump-market/purchase-options
๐๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ญ๐๐ซ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐๐ฌ๐ญ๐๐ซ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐.
The automotive aftermarket segment is anticipated to experience faster growth in the oil pump market due to wide range of products and services aimed at maintaining, repairing, and upgrading vehicles after they have been sold. Oil pumps are essential components of internal combustion engines, requiring periodic maintenance, repair, or replacement to ensure proper lubrication and engine performance. As vehicles age and accumulate mileage, the demand for oil pump replacement and aftermarket services increases, driving growth in the automotive aftermarket segment of the oil pumps market.
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฒ ๐๐๐๐
The Asia-Pacific region, particularly countries like China and India, has been undergoing rapid industrialization and urbanization, leading to increased demand for automobiles and machinery. This surge in industrial activity and infrastructure development drives the demand for oil pumps used in various applications such as automotive engines, industrial machinery, and construction equipment.
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Aisin Seiki Co., Ltd.
Continental AG
BorgWarner Inc
Denso Corporation
Honeywell International Inc.
Johnson Electric Holdings Limited
Magna International Inc.
MAHLE GmbH
Robert Bosch GmbH
SHW AG
The report provides a detailed analysis of these key players in the global oil pump market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A188806
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ :
In February 2022, Moroso Performance Product, based in the U.S., introduced an external, single-stage oil pump with reverse rotation and a fuel pump drive. The new reverse rotation pump is situated toward the front of the car on a mounting bracket resembling the left side door on a car. It has internal pumps for simplicity of adjustment and an exterior pump that operates cooler.
In January 2022, Toyoda Gosei Co, Ltd., a Japan-based maker of plastic and rubber automobiles, created a lightweight oil pump by fabricating a few parts of the pump out of a plastic rather than metal. The business used its special precision molding technology to create plastic oil pump gears and other modules. This has helped reduce the weight of the pump by about 30%. The pump is expected to be utilized on the hybrid Noah and Voxy models that Toyota Motor has created.
In February 2024, China Southern Airlines and Lufthansa Technik have inked an exclusive eight-year contract, focusing on technical support for the Oil Pump within the Chinese carrier's A350 fleet, totaling 20 aircraft. Under this long-term agreement, Lufthansa Technik will deliver comprehensive maintenance, repair, and overhaul (MRO) services for the Honeywell HGT1700 in the company's dedicated APU workshops situated in Hamburg, Germany.
January 2021, Sichuan Airlines has chosen Honeywell's 131-9A Oil Pump for its A320 fleet, marking a significant five-year agreement. Under this deal, Honeywell will supply the 131-9A APU for Sichuan Airline's upcoming 93 new A320 aircraft, set to be operational by 2025.
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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Corporation Trust Center,
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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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