Press release
Trends in Growth, Segment Analysis, and Competitive Strategies Influencing the Automotive Pumps Market
Automotive Pumps Market
Projected Market Value of the Automotive Pumps Industry by 2030
The automotive pumps market is set for substantial expansion, anticipated to reach a valuation of $30.39 billion by 2030. This represents a compound annual growth rate (CAGR) of 5.7% over the forecast period. The increase is primarily driven by the rising adoption of electric vehicles (EVs), growing use of electrified powertrains, and a heightened demand for intelligent fluid management systems. Other contributing factors include the push for lightweight vehicle designs and the continuous effort to optimize overall efficiency. Key trends shaping this growth include the transition toward electric automotive pumps, a focus on energy-efficient fluid handling, integration of smart pump control technologies, the advancement of thermal management systems, and the expansion of pump applications tailored specifically for electric vehicles.
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Key Players Making an Impact in the Automotive Pumps Market
The automotive pumps industry features several influential companies that play a major role in its development. Notable firms include Aisin Seiki Co. Ltd., Denso Corporation, Robert Bosch GmbH, Johnson Electric Holdings Limited, KSPG AG, Magna International Inc., SHW AG, ZF Friedrichshafen AG, Continental AG, Concentric AB, Hella KGaA Hueck & Co., Seiki Co. Ltd., Valeo SA, Hitachi Automotive Systems Ltd., JTEKT Corporation, Magneti Marelli SpA, Delphi Technologies plc, TI Automotive Inc., Rheinmetall Automotive AG, MS Motorservice International GmbH, GMB Corporation, Pierburg GmbH, Mahle GmbH, BorgWarner Inc., Schaeffler AG, Mikuni Corporation, Bosch Mahle Turbo Systems GmbH & Co KG, SMP Deutschland GmbH, Melling Engine Parts, and Gates Corporation.
Significant Acquisition Highlighting Industry Expansion
In April 2025, ABC Technologies Holdings Inc., a US-based automotive technology firm, acquired TI Fluid Systems Plc in a deal valued at over $1.32 billion. This acquisition aims to bolster ABC's global automotive component capabilities, enhance its propulsion-agnostic product lineup, and broaden its presence in safety- and performance-critical segments. TI Fluid Systems Plc, headquartered in the UK, specializes in manufacturing automotive pumps for both original equipment (OE) and aftermarket sectors, including in-tank and in-line pump systems.
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Innovative Trends Driving the Automotive Pumps Market Forward
Major players in the market are prioritizing the development of innovative products, such as low-noise pumps designed to improve engine performance, fuel efficiency, and vehicle reliability. These pumps are engineered to minimize vibration and noise, thereby enhancing passenger comfort by reducing mechanical sounds within the cabin. For example, in June 2025, Setco Automotive Limited from India introduced its first automotive water pump, signaling its entry into the engine cooling segment beyond its established clutch and drivetrain components. This new pump targets Light Commercial Vehicles (LCVs) and Medium & Heavy Commercial Vehicles (MHCVs), offering features like enhanced sealing, high load-bearing capacity, and optimized thermal efficiency. Setco's move reflects a strategic effort to diversify its product range, strengthen OEM and aftermarket ties, and provide more comprehensive engine protection solutions.
Market Segmentation Overview of the Automotive Pumps Industry
The automotive pumps market is divided into several key segments for detailed analysis:
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:
- Battery Electric Vehicles (BEV)
- Fuel Cell Electric Vehicles (FCEV)
- Hybrid Electric Vehicles (HEV)
- Plug-in Hybrid Electric Vehicles (PHEV)
3) By Technology Type:
- Electric Automotive Pumps
- Mechanical Automotive Pumps
Further subcategories include:
- Automotive Fuel Injection Pumps subdivided into Electronic Fuel Injection (EFI) Pumps and Mechanical Fuel Injection Pumps
- Automotive Fuel Supply Pumps categorized into In-tank Fuel Pumps and Inline Fuel Pumps
- Automotive Engine Oil Pumps split into Gear-Type, Rotor-Type, and Variable Displacement Oil Pumps
- Automotive Transmission Oil Pumps divided into Automatic and Manual variants
- Automotive Coolant Pumps classified as Mechanical or Electric
- Automotive Steering Pumps grouped into Hydraulic Steering Pumps and Electric Power Steering Pumps
- Automotive Vacuum Pumps including Diaphragm and Rotary Vane types
- Automotive Windshield Washer Pumps split between Electric and Manual versions
This comprehensive segmentation allows for a nuanced understanding of the diverse products and technologies driving growth across the automotive pumps landscape.
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