Automotive Pumps Market to Witness USD 5.8 Billion Growth Opportunity During 2025-2035

According to the MarketGenics report, the global automotive pumps market is likely to grow from USD 11.3 Billion in 2025 to USD 17.1 Billion in 2035 at a highest CAGR of 4.2% during the time period. Freezing and swifter production of automotive pumps, demand of fuel-efficient engines, and swift usage of hybrid and electric vehicles (EVs) is driving the expansion of the global automotive pumps market. With automakers struggling to comply with high standards of fuel economy and emissions, there is a strong demand of sophisticated fuel, oil, water, and high-pressure pumps that can maximize engine efficiency and temperature control.

The potential of the EVs to expand the market is made possible by technological breakthroughs, including electric coolant and fuel pumps, which lead to improved energy efficiency and a longer battery life. There is also the aspect of the growing aftermarket industry owing to the rising age of vehicles, service maintenance and repair, which again increases the demand of the replacement pumps. Asia-Pacific and Latin America are the emerging economies that record high growth in vehicle sales and, hence, have a good demand in the region. In addition to OEM spending on research and development and automation, all these elements contribute to the continued rise in the global automotive pumps market.

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Key Driver, Restraint, and Growth Opportunity Shaping the Global Automotive Pumps Market

The demand of pumps is fueled by increasing the popularity of advanced thermal management systems in EVs and hybrid vehicles. The coolant and lubricant circulation are vital to the battery life, motor performance or compliance to emissions, and therefore in modern vehicles, high-performance pumps are important.

Unpredictability of prices of raw materials, especially metals and polymers that are employed in making the pumps restricts the profitability of the suppliers and slows down the process of scaling up production particularly the high-precision and high-pressure pump systems.

The presence of aftermarket and retrofit solutions of older vehicles is an excellent growth opportunity. The renewal and replacement of pumps in the aged vehicles fleet especially in emerging markets enable the manufacturers to improve their revenue sources other than through OEM and help in meeting fuel efficiency and emission demand.

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Expansion of Global Automotive Pumps Market

"Key Factors Driving Expansion of the Global Automotive Pumps Market"

Allocating to hybrids and electric vehicles (EVs) is driving the expansion of the automotive pumps market in the world because these technologies need special electric and thermal management pumps, as well as fuel and coolant. As an example, Rheinmetall AG was awarded a multi-million-euro contract in June 2024 to deliver e-coolant pumps to hybrid cars as it indicates the increased interest of managing energy consumption using pump systems. The production of EV is paralleling the demand of sophisticated pump technologies especially in China and Japan.

One of these is technological innovation in high-pressure and compact pump designs which enables the OEMs to work on the efficiency of the engine and the consumption of less fuel. Firms such as Bosch and Continental are incorporating high-precision also fuel and water pumps in direct-injection and turbocharged engines, which improve the performance of vehicles and allow the companies to meet the stringent emission standards. Lightweight vehicle architecture and state-of-the-art thermal management solutions are also supported with the help of these innovations.

Replacement and upgrade requirements of the older vehicles in the fleet encourage growth through the development of new aftermarket and service networks. The example of Continental producing 700 additional spares of high-pressure fuel pumps in 2024, demonstrates how the aftermarket growth can keep up with the rise in demand in the mature and newer markets, guaranteeing the continual flow of revenue and penetration into the automotive pumps market.

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Asia Pacific Dominates Global Automotive Pumps Market in 2025 and Beyond

Asia Pacific region has the highest demand of automotive pumps because of the high volume of vehicles production, the growing population with the middle class and the growing interests of owning fuel efficient and emission-compliant cars. Other countries such as china, India, and Japan are the major contenders in internal combustion engines and hybrid automobile production that greatly fuel the demand of engine cooling, fuel injection, and oil circulation pumps.

In the year 2024 Aisin Corporation increased its capacity in producing pumps in Tianjin China to supply the increasing demand by the automakers in the region such as Geely and BYD among other electric and hybrid pumps.
Asia Pacific car production and electrification efforts were driving continuous demand of automotive pumps market.

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Key Trend: Shift Toward Electrification of Engine Auxiliary Components

The key trends influencing the automotive pumps market is the process of changing traditionally mechanical engine auxiliary components such as coolant, fuel and oil pumps into electrically powered versions. Electrified pumps allow better control and efficiency as well as are invaluable to hybrid and electric vehicle platforms where the mechanical drive of a traditional combustion engine is absent.

In February 2024, the Rheinmetall Group company Pierburg GmbH stated that it would start mass production of its 48 V electric vacuum pump that was used to generate brake boost applications in mild-hybrid cars. Another advantage that this new pump has is that it is not only energy efficient, but also, it allows the brake assistance even when the combustion engine is switched off during the coasting or idling periods. This is in line with the increased attention of automakers to partial electrification to comply with the emission requirements without completely transitioning to BEVs.

This tendency to robots' electrification is increasing the demand in the area of smart and efficient pump systems and redefining the future product range of the pump manufacturers.

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This release was published on openPR.