Global Transmission Oil Pump Market 2024-2028
The transmission oil pump market is forecasted to grow by USD 2.92 bn during 2023-2028, accelerating at a CAGR of 8.26% during the forecast period. The report on the transmission oil pump market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for transmission oil pumps from automotive aftermarket industry, incorporation of transmission oil pumps into vehicles for fuel efficiency, and increasing vehicle production.
Technavio's transmission oil pump market is segmented as below:
By Vehicle Type
- Passenger car
- Commercial vehicle
By Type
- Fixed displacement
- Variable displacement
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increased penetration of transmission oil pumps on e-commerce platforms as one of the prime reasons driving the transmission oil pump market growth during the next few years. Also, rising demand for electrical transmission oil pumps and surging use of automatic transmission oil pumps in dual-clutch transmissions will lead to sizable demand in the market.
The report on the transmission oil pump market covers the following areas:
- Transmission oil pump market sizing
- Transmission oil pump market forecast
- Transmission oil pump market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading transmission oil pump market vendors that include Nidec Corp., Hitachi Ltd., Vitesco Technologies Group AG, ITOCHU Corp., ZF Friedrichshafen AG, Deere and Co., Toyota Motor Corp., Scherzinger Pumpen GmbH and Co. KG, PATRICK MOTORSPORTS USA, Valeo SA, Tilton Engineering Inc., Ford Motor Co., BorgWarner Inc., Trochocentric Patentverwertungs GmbH, Egmec Industry Co., Ltd., SHW AG, Bayerische Motoren Werke AG, and Melling. Also, the transmission oil pump market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.