openPR Logo
Press release

Automotive Pumps Market is Expected to Rake in Revenues WorthUS$ 64.7 Bn by 2025-End

09-08-2017 12:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Automotive Pumps Market is Expected to Rake in Revenues WorthUS$

Global automotive pump installation will reach 694,207 thousand units in 2016, witnessing a y-o-y increase of 1.98% over 2015, generating over US$ 45 billion in revenues. Market leaders Robert Bosch GmbH, Aisin Seiki Co., Ltd, and Magna International will continue to consolidate their position, collectively accounting for over 17% revenue share in 2016. The average price of automotive pumps will increase in 2016, owing to rising raw material costs.

Fuel supply pumps will continue to hold leading revenue- and volume- share in 2016 among all the automotive pumps. FMI estimates fuel supply pump installations to reach 115,873 thousand units in 2016, an increase of 2.3% over 2015. The revenue share of fuel supply pumps increase from 43.4% in 2015 to 43.6% in 2016. Vacuum pumps will witness a 5.2% value increase in 2016 over 2015.

Automotive Pumps Market Report Overview @ https://www.futuremarketinsights.com/reports/automotive-pumps-market

While steady automotive sales in Asia Pacific and increasing emphasis on curbing vehicular emissions will continue to boost demand in 2016, rising adoption of electric motors and long replacement cycles can pose challenges to growth.

Demand for automotive pumps will be highest in the passenger vehicle segment vis-à-vis commercial and heavy vehicles. This will largely be supported by steady demand from a rapidly expanding middle class in developing countries of Asia Pacific. FMI estimates automotive pump installations in the passenger vehicle segment to reach 504,339 thousands units in 2016, an increase of 2.3% over 2015.

A Sample Report is Available Upon Request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-541

Asia Pacific excluding Japan (APEJ) will extend its lead as the largest market for automotive pumps in 2016. On back of rising adoption of advanced technologies, including DCT, CVT, and GDI, automotive pump installations in the region will reach 252,301 thousand units in 2016. APEJ’s revenue share is set to reach 33.4% in 2016, an increase of 0.5% from 2015.

Considering the fragmented nature of the automotive pumps market, key players are focusing on business expansion in emerging markets through mergers and acquisitions. Establishment of new manufacturing facilities and reinforcement of existing ones is a key go-to business strategy for leading players in the market.

Long-term Outlook: The global automotive pumps market will increase at a CAGR of 3.8% during 2015-2025, reaching US$ 64.7 Bn by 2025-end. Asia Pacific and Western Europe will be the two largest markets, whereas demand for automotive pumps will witness the highest CAGR in Middle East & Africa.

Get More Information About this Report @ https://www.futuremarketinsights.com/askus/rep-gb-541

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.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 Pumps Market is Expected to Rake in Revenues WorthUS$ 64.7 Bn by 2025-End here

News-ID: 705807 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for FMI

According to FMI, Condition Monitoring Services Will Reach 6.79 Billion USD: FMI
The global condition monitoring service market is anticipated to exceed US$ 3.52 Bn by the end of 2022. Growing emphasis on the integration of condition monitoring software with computerized process control services and maintenance management software is expected to favour the growth in the market. The demand in the condition monitoring service global market is estimated to reach US$ 6.79 Bn by 2031, exhibiting growth at a CAGR of 9.8% during
Medication Dispenser Market Forecast and Analysis by FMI
According to Wikipedia, medication or pill dispenser is an equipment which releases medication at specified time. In simple language, an equipment gives a signal when the time comes to take the medicine. The purpose is to help senior citizens or people who may suffer from impaired ability to adhere to their prescribed medication regime. The device automatically releases the pre-measured dose into a small compartment that is easily opened and
Printing Paper Market Intelligence and Forecast by FMI
Global printing paper market: Introduction The global paper industry is undergoing rapid transformation and plays significant role in the global packaging industry. In addition to manufacturing of packaging products such as corrugated boxes, paperboards or envelopes, papers are also used for the production of printing paper for printing purposes. Printing paper market is anticipated to grow on the backdrop of packaging industry, printing industry, and as well as e-commerce industry
Pharmaceutical Solvent Market Forecast and Prospectus : FMI Research
Global Market for Pharmaceutical Solvents Projected to Witness Sluggish Growth A majority of medicines & drugs produced in the world are derived from formulating Active Pharmaceutical Ingredients (API), and such processes require alcoholic solvents such as ethanol, isopropanol, propanol and propylene glycol. Production of pharmaceutical solvents continues to be concentrated in the Asia-Pacific excluding Japan (APEJ) region as leading API suppliers and drug manufacturers in the world have based their production units
Temperature Controlled Packaging Solutions Market Analysis : FMI
While North America will continue to be the most attractive market, the temperature controlled packaging solutions market in Asia Pacific excluding Japan (APEJ) will witness steady gains. According to a comprehensive analysis on the global temperature controlled packaging solutions market by Future Market Insights, companies seeking thermally-regulated packaging solutions for unhampered delivery of their products will continue to opt for insulated containers, with chest-type containers accounting for significant demand. However, during
Force Sensor Market Share, Value, Trends : FMI Report
Continuous adoption of force sensors as human-machine interface is projected to pave new business opportunities for force sensor manufacturers among various industries such as music & entertainment. In addition, surging implementation of various ICT technologies in healthcare, and rising necessity to improve quality of healthcare services are further expected to offer growth opportunities to developers of force sensing technology. Future Market insights (FMI), in its report, projects the global market