Press release
Automotive Oil Pump Market Size Forecast: $24.45 Billion by 2029 | Global Outlook
Automotive Oil Pump
What Is the Projected Market Size Valuation of the Automotive Oil Pump Market by 2025?
In previous years, the market size for automotive oil pumps has seen a consistent increase. An upsurge from $18.78 billion in 2024 to $19.5 billion in 2025 is anticipated, with a compound annual growth rate (CAGR) of 3.8%. The historical growth pattern can be credited to demands for engine proficiency, compliance with emission standards, advancements in materials and manufacturing, efforts towards reducing vehicle weight, and a globally augmented automotive production.
What Is the Estimated Market Growth Value for the Automotive Oil Pump Industry in 2029?
In the coming years, the automotive oil pump market is set to experience robust growth. The market is projected to reach $24.45 billion by 2029, with a compound annual growth rate (CAGR) of 5.8%. Factors contributing to this anticipated growth during the forecast period include the integration of cooling systems, tighter fuel economy regulations, an emphasis on electric powertrains, supply chain resilience, and the trends in electric vehicles. The forecast period is also likely to see major trends such as the inclusion of sensors and smart technologies, the use of lightweight materials, optimization of design, the implementation of cutting-edge manufacturing techniques, hybrid and electric vehicle trends, and improvements in efficiency.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/automotive-oil-pump-global-market-report
What Are the Growth Drivers and Opportunities in the Automotive Oil Pump Market?
The automotive oil pump market is anticipated to experience growth due to the accelerated rise in vehicle production. Producing motor vehicles involves the creation of automobiles and lightweight trucks or utility vehicles. The oil pumps used in automobiles pressurize fluids and defend the vehicle's engine parts against overheating and frictional wear by providing lubricating oil at necessary pressures. As a result, it increases vehicle production adoption and subsequently augments the demand for the automotive oil pump market. For example, in May 2024, the International Energy Agency (IEA), an autonomous intergovernmental organization based in France, noted an increase in SUV demand from 14.21 million units in 2022 to 16.03 million units in 2023. This represents a substantial year-over-year growth of 12.8%. Hence the growth of the automotive oil pump market is propelled by the rising popularity of electric vehicles.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9541&type=smp
What Are the Primary Segments Covered in the Global Automotive Oil Pump Market Report?
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
What Are the Top Growth Trends in the Automotive Oil Pump Market?
One significant trend gaining traction in the automotive oil pump industry is technological breakthroughs. To secure their market foothold, leading firms focus on designing innovative products. For example, Toyoda Gosei Co. Ltd., a Japan-originated manufacturer of rubber and plastic auto parts, introduced a more lightweight oil pump in January 2022. By integrating precision plastic moulding technology - a core innovation - into the manufacturing process, gears and other components are now made of plastic. This change has led to a decrease in the oil pump's weight by approximately 30%.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=9541&type=smp
Which Companies Are Shaping the Future of 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
Which Region Holds the Largest Market Share in the Automotive Oil Pump Industry?
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
Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Oil Pump Market Size Forecast: $24.45 Billion by 2029 | Global Outlook here
News-ID: 4173000 • Views: …
More Releases from The Business Research Company
Global Fuel Cell Vehicle Market Worth $14.81 Billion by 2029, Growing at 46.4% C …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Fuel Cell Vehicle Market Outlook: What Size And CAGR Are Anticipated By 2025?
In the past few years, the fuel cell vehicle market has witnessed a significant expansion. The figures are projected to increase from $2.15 billion in 2024 to about $3.23 billion by 2025, with a compound annual growth…
Driver Assistance Systems For Locomotives Market to Grow at 4.6% CAGR, Reaching …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Driver Assistance Systems For Locomotives Market Outlook: How is the Market Expected to Grow by 2025?
The market size for driver assistance systems in locomotives has seen robust growth over the past few years. The market, which stands at $9.11 billion in 2024, is predicted to expand to $9.35 billion…
Yacht Industry Expected to Reach $10.79 Billion by 2029 at 3.5% CAGR
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Yacht Market Value Projection: How Much Will the Market Size by 2025?
Over the past few years, there has been a consistent expansion in the yacht market. It is projected to escalate from $9.06 billion in 2024 to $9.41 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 3.8%.…
Global Brake Hoses Market Size, Share, and Forecast Analysis 2025-2029
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Brake Hoses Market Size Forecast for 2025?
In recent times, there has been a consistent growth in the market size of brake hoses. The market is expected to expand from a size of $18.07 billion in 2024 to a value of $18.91 billion in 2025, registering a…
More Releases for Pump
Asphalt Pumps Market Key Players: Johnson Pump, Viking Pump, Rotan Pump, Shanggu …
The Asphalt Pumps Market Research Reports 2021 – 2027 is an Analysis and In-depth study of the Asphalt Pumps Market Industry, with the target of global market trend. The report mainly focuses on the market size, market structure, market share, growth cost structure, and forecast for 2027. The Research Report is an analysis of quantitative of the Asphalt Pumps market and gives information for making strategies…
Automotive Pump Market Forecast to 2028 - Covid-19 Impact and Global Analysis - …
MARKET INTRODUCTION
Automotive pumps are utilized for transferring automotive fluids in the vehicles. These pumps are mainly used for improving vehicle performance and fuel efficiency. The increase in demand for environment-friendly solutions has pushed several manufacturers to design and develop advanced pumps. The pumps are used in various vehicle systems such as coolant, steering, fuel, transmission, and lubrication.
Download Sample Report in PDF Version @ www.theinsightpartners.com/sample/TIPRE00006033/?utm_source=openpr&utm_medium=10387
This report sample includes:
A brief introduction to…
Solar Pump Market Current & Future Growth Forecast To 2027 | CRI Pump, LORENTZ, …
Asia-pacific contributed to the highest share, accounting for more than half of the global solar pump market in 2019, and will maintain its dominance throughout the forecast period. This is attributed to increase in government initiatives in region such as India, drive the market growth in this region. However, Europe is expected to grow at the highest CAGR of 8.5% from 2020 to 2027. This is owing to means of…
Agricultural Pump Market Advancement Outlook 2020-2026: Sulzer, Dayuan Pump, Wil …
The Latest report about the Agricultural Pump market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Agricultural Pump market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with…
Agricultural Water Pump Market Growth Opportunities 2020: Lingxiao Pump, East Pu …
The newly issued research report provides comprehensive and an in-depth assessment of the "Global Agricultural Water Pump Market Forecast 2020-2026", which will also offer relevant data for the new industry entrants as well as well-established Agricultural Water Pump market players. According to the study, the worldwide Agricultural Water Pump market report unfolds the current and historical Agricultural Water Pump industry scenarios, Agricultural Water Pump market development patterns and is expected…
Global Agricultural Vortex Pump Market Key Players Grundfos,Franklin Electric,Sh …
According to this study, over the next five years the Agricultural Vortex Pump market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Agricultural Vortex Pump business.
Sample Request@ https://www.researchreportsinc.com/sample-request?id=247404
This report presents a comprehensive overview, market shares, and…
