Automotive Pumps Market, by Pump Type (Fuel Supply Pump, Fuel Injection Pump, Transmission Oil Pump, Engine Oil Pump, Steering Pump, Coolant Pump, Windshield Washer Pump and Vacuum Pump), by Sales Channel (OEM and Aftermarket), by Technology (Electric and

Automotive Pumps Market, by Pump Type (Fuel Supply Pump, Fuel Injection Pump, Transmission Oil Pump, Engine Oil Pump, Steering Pump, Coolant Pump, Windshield Washer Pump and Vacuum Pump), by Sales Channel (OEM and Aftermarket), by Technology (Electric and Mechanical), by Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Automotive pumps are essential component in an automobile or any other internal combustion engine device to transfer fluid and to enhance fuel efficiency as well as vehicle performance. Generally, automotive pumps are used in a variety of vehicle parts including steering, transmission, coolant, fuel, and lubrication. Automotive pumps have witnessed significant demand, in order to provide environment-friendly solutions in automobile. On the basis of vehicle type, the automotive pumps market has been segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. On the basis of sales channel, the market has been segmented into original equipment manufacturer (OEM) and aftermarket.

Market Dynamics

Automobile produced these days are equipped with advanced technology and smart features that fulfill the latest safety, quality, emission, and performance standards. On the contrary, consumers are increasingly becoming price-sensitive and are preferring automobiles with superior comfort features at a reasonable cost. Furthermore, over the last decade, manufacturers in the market have started incorporating numerous advanced technologies such as power steering, gasoline direct injection, gasoline turbochargers, and automatic transmission into automobiles. Such technologies require automotive pump to ensure efficient operation. Hence, these factors are expected to drive growth of the market in the near future. Automotive pumps have witnessed significant demand in the recent past, due to growing automotive production and vehicle park. In fact, irrespective of economic conditions across the globe, the global automotive industry has performed satisfactorily. According to Coherent Market Insights’ analysis, automotive production is expected to register a CAGR of 3-3.5% during the forecast period. Moreover, automotive production is expected to be higher in emerging economies as compared to developed countries. This is owing to growing urbanization and stable economic conditions in these countries. Thus, these factors are expected to propel the global automotive pumps market growth over the forecast period.

Market Taxonomy

This report segments the global automotive pumps market on the basis of pump type, sales channel, technology, vehicle type and region. On the basis of pump type, global automotive pumps market is segmented into fuel supply pump, fuel injection pump, transmission oil pump, engine oil pump, steering pump, coolant pump, windshield washer pump and vacuum pump. On the basis of sales channel, the global automotive pumps market is segmented into OEM and aftermarket. On the basis of technology, the global automotive pumps market is segmented into electric and mechanical. On the basis of vehicle type, the global automotive pumps market is segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. On the basis of region, global automotive pumps market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:

This report provides an in-depth analysis of the Global Automotive Pumps Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Automotive Pumps Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Automotive Pumps Market includes JTEKT Corporation, ZF TRW Automotive Holdings Corp., Aisin Seiki Co. Ltd., WABCO Holdings, Inc., Concentric AB, TI Automotive Ltd., Continental AG, SHW AG, Delphi Automotive LLP, Pricol Ltd., DENSO Corporation, Robert Bosch GmbH, HELLA KGaA Hueck & Co., Magneti Marelli S.p.A, Hitachi Automotive Systems, Ltd., Magna International Inc., Johnson Electric Holdings Limited, and KSPG AG.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Automotive Pumps market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Automotive Pumps Market

Detailed Segmentation:

Global Automotive Pumps Market, By Pump Type:
Fuel Supply Pump
Fuel Injection Pump
Transmission Oil Pump
Engine Oil Pump
Steering Pump
Coolant Pump
Windshield Washer Pump
Vacuum Pump
Global Automotive Pumps Market, By Sales Channel:
OEM
Aftermarket
Global Automotive Pumps Market, By Technology:
Electric
Mechanical
Global Automotive Pumps Market, By Vehicle Type:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Global Automotive Pumps Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
JTEKT Corporation.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
ZF TRW Automotive Holdings Corp.
Aisin Seiki Co. Ltd.
WABCO Holdings, Inc
Concentric AB
TI Automotive Ltd
Continental AG
SHW AG
Delphi Automotive LLP
Pricol Ltd
DENSO Corporation
Robert Bosch GmbH
HELLA KGaA Hueck & Co
Magneti Marelli S.p.A
Hitachi Automotive Systems, Ltd
Magna International Inc
Johnson Electric Holdings Limited
KSPG AG.

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