Press release
Automotive Pump Market -Trends, Growth Propellers, Segmentation And Top Players
Obtain Report Details @
http://www.transparencymarketresearch.com/automotive-pump-market.html
The key driving factors ascertained for the global automotive pumps market are rising vehicle production, increasing execution of environmental regulations, growing vehicle electrification, and manufacturers increasing integration of advanced automation techniques such as automatic transmission and gasoline turbocharged direct injection into vehicles to restrict automobile emissions worldwide. These technologies need dedicated automotive pumps for ensuring effective operation. Changing lifestyles and rising urbanization have been enhancing development of the automobile industry, thus further driving the automotive pumps market. Besides, modern vehicles are furnished with smart technology and features complying with the newest emission, quality, safety and performance standards. On the contrary, end-use industries have become worth sensitive and tend to be inclined towards vehicles with superior luxury features at reasonable cost. Alongside this, growing demand for environment friendly services has ensured that manufacturers devise efficient automotive pumps.
One of the major factors restraining the growth of the global automotive pumps market is the low replacement rates. With technological advancement, these rates are forecast to be further slashed. This offers low potential for aftermarket of automotive pumps manufacturers globally. Additionally, adoption of electrical power steering has increased in the recent past resulting in less share for automotive pumps aided steering systems. Such a replacement by electrical motors has been negatively impacting the steering pumps market. Despite this, the advanced automation technologies are predicted to gain in traction in the near future. Moreover, increasing concentration on performance by engines and rising customer demand for fuel-effective automobiles have been encouraging producers to implement the fuel injection structures, in turn creating vast potential for the pumps market.
The global automotive pumps market is segmented according to sales channel, product type, technology, and vehicle type. On the basis of sales channel, the market is segmented into OEM and aftermarket. On the basis of pump type, the market can be segmented into fuel supply pump, transmission oil pump, fuel injection pump, engine oil pump, coolant pump, steering pump, vacuum pump and windshield washer pump. The segments based on technology type are mechanical and electric. The categories on the basis of vehicle type are passenger cars, heavy commercial vehicles and light commercial vehicles. Due to rising income levels of the developed countries, passenger car automotive pumps is the fastest growing in the segment based on vehicle type.
On the basis of geography, the global automotive pumps can be divided into North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Latin America, the Middle East and Africa (MEA), and Japan. APEJ and Western Europe together generally account for the majority of the market on the basis of value. Due to rising automobile parc and growing vehicle production in APEJ, this region is forecast to remain the foremost in the global market for automotive pumps in the future, followed by North America. Strict emission regulations, combined with rising demand for fuel-efficient automobiles and growing focus on OEMS expanding the market in this part of the world contribute towards the market growth in this part of the world. The most striking market on the basis of value is the MEA region, followed by Japan and APEJ regions. In terms of market share, North America is predicted to be the largest followed by Western Europe.
Fill the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15038
The key players in the global automotive pump markets are Delphi Automotive, Aisin Seiki, Denso Corporation, Robert Bosch Gmbh, Johnson Electric, KSPG AG-A- Rheinmetall, Mikuni Corporation, Magna International, TRW Automotive and SHW AG.
About Us :
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us :-
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
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 Pump Market -Trends, Growth Propellers, Segmentation And Top Players here
News-ID: 575562 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive 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 Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
