Global Oil Pump Market Growth 2023-2029

Global Oil Pump Market Growth 2023-2029

The use of the oil pump is to deliver the oil in the oil pan to the filter, and the oil through the filter can still be reliably transported to the various lubricating oil and the friction surface of the moving parts. When the engine is working, the oil pump is constantly working to ensure that the oil circulates in the oil path.

LPI (LP Information)' newest research report, the “Oil Pump Industry Forecast” looks at past sales and reviews total world Oil Pump sales in 2022, providing a comprehensive analysis by region and market sector of projected Oil Pump sales for 2023 through 2029. With Oil Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil Pump industry.

This Insight Report provides a comprehensive analysis of the global Oil Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Oil Pump market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Pump and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil Pump.

The global Oil Pump market size is projected to grow from US$ 13550 million in 2022 to US$ 17880 million in 2029; it is expected to grow at a CAGR of 17880 from 2023 to 2029.

China is the largest producer of Oil Pump, with a market share about 30%, followed by Europe and North America, etc. STACKPOLE, Magna, Nidec, Bosch and SHW are the top 5 manufacturers of industry, and they had about 60% combined market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil Pump market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Electric Oil Pump

Mechanical Oil Pump

Segmentation by application

OEM

AM

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

STACKPOLE

TRW

Magna

Nidec

Bosch Rexroth

Tsang Yow

Shenglong Group

SHW

Pierburg (KSPG)

Toyo Advanced Technologies

Mahle

Hunan Oil Pump

Chang Zheng Power Machine Fitting

Fuxin Dare Automotive Parts

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oil Pump market?

What factors are driving Oil Pump market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Oil Pump market opportunities vary by end market size?

How does Oil Pump break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.