Press release
Automotive Pumps Market: Latest Trends, Analysis and Global Forecast to 2022
Automotive Pumps Market
Market Highlights:
The global market of automotive pumps around the world is growing rapidly. Technological advancement and heavy investments in the automotive industry are helping automotive pumps market. Increasing vehicle production, rising vehicle electrification, growing implementation of environmental regulations are some of the major factors contributing to growth of the global automotive pumps market. Automotive pumps production is consequently high in Asia-pacific, with China and India expected to be the most promising markets. Rising focus on engine performance, regulations regarding vehicular emissions and increasing consumer demand for fuel-efficient vehicles are encouraging manufacturers to integrate advanced fuel injection systems. New trend shows that Research and development is being carried by automotive pumps manufacturers to introduce innovative features and technology.
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Key Players of Automotive Pumps Market:
• Aisin Seiki Co. Ltd.
• Delphi Automotive
• Denso Corporation
• Robert Bosch Gmbh
• Johnson Electric
• KSPG AG-A- Rheinmetall
• Mikuni Corporation
• Magna International
• TRW Automotive
• SHW AG
Market Research Future Analysis:
Market Research Future analysis show that the global market of Automotive pumps market is estimated to grow moderately by the end of year 2022. Asia pacific is leading the market of automotive pumps. Improving economic conditions in the APAC region are expected to open up enormously potential opportunities for pump manufacturers. Moreover, increasing usage of pumps in vehicles, as well as battery technology for electric vehicles that increases the fuel efficiency of vehicles are the key reasons for the growth of automotive pumps market. As the market and government regulations push automakers to improve emissions and fuel consumption, they are evaluating new opportunities in the engine system to reduce losses.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Technologies and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Akash Anand
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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