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Key Trend Reshaping the Automotive Oil Pump Market in 2025: Automotive Oil Pump Market Embraces Technological Advancements For Enhanced Performance

02-27-2025 11:02 AM CET | Logistics & Transport

Press release from: The Business Research Company

Automotive Oil Pump Market

Automotive Oil Pump Market

What combination of drivers is leading to accelerated growth in the automotive oil pump market?
The surge in manufacturing vehicles is projected to promote the expansion of the automotive oil pump market. The process of producing motor vehicles encompasses the creation of automobiles and small utility vehicles or trucks. Car oil pumps function by pressurizing fluids, thereby safeguarding vehicle engine components against frictional wear and overheating, which they do by lubricating oil at suitable pressures. As a result, this propels the practice of vehicle production, thereby escalating the need for the automotive oil pump market. For instance, the International Energy Agency (IEA), an autonomous organization located in France, revealed in May 2024 that the demand for SUVs climbed from 14.21 million units in 2022 to 16.03 million units in 2023. This denotes a considerable yearly growth of 12.8%. Consequently, the surge in the uptake of electric vehicles is propelling the expansion of the automotive oil pump market.

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What is the projected compound annual growth rate (CAGR) of the automotive oil pump market from 2025 to 2034, and what factors influence it?
The size of the market for automotive oil pumps has experienced significant growth in the past few years. Its expansion is projected to continue, with an increase from $18.78 billion in 2024 to $19.76 billion in 2025, marking a compound annual growth rate (CAGR) of 5.2%. Several factors have contributed to this surge in the historical period, such as the need for engine efficiency, compliance with emission standards, advancements in materials and manufacturing, reduction in vehicle weight, and a global rise in automobile production.

Over the upcoming years, the automotive oil pump market is predicted to experience robust growth, expanding to a remarkable $25.16 billion by 2029 with a 6.2% compound annual growth rate (CAGR). The forecasted growth in this sector can be credited to factors such as the incorporation of cooling systems, stricter fuel economy standards, and a heightened emphasis on electric powertrains, among other things. Key trends propelling this growth include the integration of smart technologies and sensors, the use of lightweight materials and optimised design, implementing advanced manufacturing techniques, and the ongoing trend of hybrid and electric vehicles, along with overall efficiency enhancements.

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How are the latest trends influencing the growth of the automotive oil pump market?
The proliferation of advanced technology is a noteworthy trend making waves in the automotive oil pump market. Dominant companies active in this market are pivoting towards the innovation of new products to consolidate their market standing. For instance, Japan's Toyoda Gosei Co. Ltd., a leading manufacturer of plastic and rubber automotive parts, introduced a lighter oil pump in January 2022. Leveraging precision plastic molding technology, a key competency, the pump employs plastic-made gears and other components, resulting in an approximate 30% reduction in the pump's weight.

What are the major segments of the automotive oil pump market and their role in driving growth?
The automotive oil pump market covered in this report is segmented -

1) By Discharge Type: Gear Pump, Gerotor, Vane Pump, Other Discharge Type (Plunger pumps)
2) By Displacement Type: Fixed Displacement, Variable Displacement
3) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Buses And Coaches, Off-Road Vehicles
4) By Lubrication System: Wet Sump Lubrication, Dry Sump Lubrication
5) By Sales Channel: Original Equipment Manufacturer(OEM), After market

Subsegments:
1) By Gear Pump: Internal Gear Pump, External Gear Pump
2) By Gerotor: Fixed Displacement Gerotor, Variable Displacement Gerotor
3) By Vane Pump: Sliding Vane Pump, Rotary Vane Pump
4) By Other Discharge Type: Plunger Pumps, Diaphragm Pumps

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Which regions are key players in the growth of the automotive oil pump market?
Asia-Pacific was the largest region in the automotive oil pump market in 2024. The regions covered in the automotive oil pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the key firms paving the way for growth in the automotive oil pump market?
Major companies operating in the automotive oil pump market include Denso Corporation, The FTE automotive Group, Johnson Electric Holdings Limited., Magna International Inc., Nidec Corporation, Rheinmetall AG, Aisin Seiki Co. Ltd., ZF Friedrichshafen AG, Hitachi Astemo Americas Inc., Mitsubishi Electric Corporation, Robert Bosch GmbH, BorgWarner Inc., Brose Fahrzeugteile GmbH & Co. KG, HUSCO International Inc., Ningbo Shenglong Automotive Powertrain System Co.Ltd., TRW Automotive Holdings Corp., Fuxin Dare Automotive Parts Co Ltd., MAHLE GmbH, Stackpole International Inc., Magneti Marelli S.p.A., Shenglong Group, Bosch GmbH, Delphi Technologies PLC, Hunan Oil Pump Co., Melling Engine Parts, Hirschvogel Automotive Group, Wuxi Tsang Yow Auto Parts Co.Ltd., Toyo Advanced Technologies Co.Ltd., Pierburg GmbH, Flowserve Corporation

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What Is Covered In The Automotive Oil Pump Global Market Report?

• Market Size Forecast: Examine the automotive oil pump market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automotive oil pump market for a structured understanding.
• Key Players Overview: Analyze major players in the automotive oil pump market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive oil pump market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automotive oil pump market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive oil pump market.
• Industry Challenges: Identify potential risks and obstacles affecting the automotive oil pump market.
• Competitive Landscape: Review strategic developments in the automotive oil pump market, including expansions, agreements, and new product launches.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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