Automotive Pumps Industry 2019 Global Market Analysis 2019 to 2023 is latest research report on “Automotive Pumps Market” published by Market Research Future. Automotive Pumps Market rise at healthy growth rate by 2023. Market for Automotive Pumps Market By product (Fuel Pump, Oil Pump, Steering Pump, Water Pump, Fuel Injection Pump and other), Technology (Mechanical, electrical), Vehicle type (Passenger car, LCV, HUV, two wheeler) and Region.
The major player operating in the market of Global Automotive Pumps are Delphi Automotive, Aisin Seiki Co. Ltd., Denso Corporation Johnson Electric, Robert Bosch Gmbh, KSPG AG-A- Rheinmetall, Magna International, Mikuni Corporation, TRW Automotive and SHW AG.
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Global Automotive Pumps Market Overview:
According to the latest report by Market Research Future (MRFR), the global automotive pumps market is slated to surpass a considerable market valuation at a stable CAGR over the assessment period. The significant driving factors for the global automotive pumps market are the growing vehicle electrification, increasing vehicle production, increasing execution of environmental regulations and manufacturers, and increasing integration of advanced automation techniques such as gasoline turbocharged direct injection and automatic transmission into vehicles to hinder automobile emissions globally.
Automotive manufacturers are designing fixed displacement oil pumps to enable maximum oil to be distributed through the engines for absorbing the heat produced, lubricating the mobile parts, and lessening the wear and tear. The surplus oil is redirected to the oil reservoir, for which the automotive oil pump uses a substantial amount of engine power, which influences the working of the engine. The growing demand for passenger cars and heavy trucks, especially in developing countries, will fuel the global automotive pump market during the review period.
on the other hand, the growth of the automotive pumps market is expected to be restricted by the severe norms by government agencies for the use of traditional internal combustion engines which produce high toxic emissions. The rise in demand for electric vehicles will, therefore, affect the automotive pump market.
The automotive pumps market is segmented based on the product, technology, and vehicle type.
Based on the product, the market has been segmented into a fuel pump, steering pump, oil pump, fuel injection pump, water pump, and others.
Based on the Technology the automotive pumps market has been segmented into Mechanical, and electrical.
Based on the vehicle type – the market has been segmented into Passenger car, HUV, LCV, two-wheeler.
North America accounts for the largest regional markets for automotive pumps, in terms of value and are expected to acquire a significant market share over the review period. This is attributed to the established automotive industry in the region, which is expected to continue to flourish over the review period, driven by the adoption and advancements of modern technologies, especially in the developed countries of the US and Canada. The demand for automobiles is continuously growing in the region, owing to the high per capita income of consumers and the presence of leading automotive companies that are continually expanding their businesses with product innovations. These factors consequently contribute towards the demand and growth in the automotive pumps market in North America over the review period.
Europe is also a noteworthy region in the global automotive pumps market and is expected to account for a steady market share over the assessment period. Factors influencing the market in the region is the consumer demand for modern automobiles, equipped with technologically advanced components. Moreover, government initiatives towards fuel efficiency for emissions reduction, owing to the rising environmental concerns, are also anticipated to have a notable impact on the automotive pumps market in Europe soon. Technologically advanced and economically stable countries such as France, Germany, the UK are likely to grow as significant contributors for the region over the review period.
The Asia Pacific is the largest market for automobiles globally, and thus, is expected to account for the fastest-growing region for the automotive pumps market, in terms of value, over the assessment period. This is attributed to the massive demand for automobiles in the region, consequently leading the demand for advanced automotive pumps. Moreover, the region is attracting foreign investments extensively owing to global market players expanding their business reach in the region. This trend is expected to impact the automotive industry in the Asia Pacific, especially India and China, and is expected to drive the market notably over the assessment period.
Key Table Of Content:
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE:
1.3.1 AUTOMOTIVE PUMPS MARKET: BY PRODUCT
1.3.2 AUTOMOTIVE PUMPS MARKET: BY TECHNOLOGY
1.3.3 GLOBAL AUTOMOTIVE PUMPS MARKET: BY VEHICLE TYPE
1.3.5 GLOBAL AUTOMOTIVE PUMPS MARKET: BY REGION
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCHPT
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION
3 MARKET DYNAMICS
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
4 EXECUTIVE SUMMARIES
5. MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS
5.2 SUPPLY CHAIN ANALYSIS
6 GLOBAL AUTOMOTIVE PUMPS MARKET
6.2 MARKET STATISTICS
6.2.1 BY PRODUCT
188.8.131.52 FUEL PUMP
184.108.40.206 OIL PUMP
220.127.116.11 STEERING PUMP
18.104.22.168 WATER PUMP
22.214.171.124 FUEL INJECTION PUMP
6.2.2 BY TECHNOLOGY
6.2.3 BY VEHICLE TYPE
126.96.36.199 PASSENGER CAR
6.2.4 BY GEOGRAPHY
188.8.131.52 NORTH AMERICA
184.108.40.206 REST OF THE WORLD
7 COMPETITIVE ANALYSIS
7.1 MARKET SHARE ANALYSIS
7.2 COMPANY PROFILES
7.2.1 AISIN SEIKI CO. LTD.
7.2.2 DELPHI AUTOMOTIVE
7.2.3 DENSO CORPORATION
7.2.4 ROBERT BOSCH GMBH
7.2.5 JOHNSON ELECTRIC
7.2.6 KSPG AG-A- RHEINMETALL
7.2.7 MIKUNI CORPORATION
7.2.8 MAGNA INTERNATIONAL
7.2.9 TRW AUTOMOTIVE
7.2.10 SHW AG.
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