Global Automotive Transmission Pump Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Automotive Transmission Pump Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An automotive transmission pump is an oil pump that circulates transmission oil, such as oil, through the valve body of a vehicle and controls the clutches and bands that control the planetary gearbox. The automotive transmission pump draws oil from the sump at the bottom of the transmission. Supply to hydraulic system. It is also supplied to transmission coolers and torque converters. The automotive transmission pump is one of the key parts of the vehicle as it controls the overall exhaust process of the vehicle.

Market Overview:

The latest research study on the global Automotive Transmission Pump market finds that the global Automotive Transmission Pump market reached a value of USD 8705.0 million in 2022. It’s expected that the market will achieve USD 11537.0 million by 2028, exhibiting a CAGR of 4.81% during the forecast period.

Impact of COVID-19

The impact of COVID-19 on the global automotive pump industry will involve all major links and all entities in the industry chain. The company's management efficiency has been reduced, commuting has been severely frustrated, production scheduling has been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and corporate and employee revenues have been damaged. The impact on the lobal automotive pump industry depends on the prevention and control effects of COVID-19. Besides, the impact on SMEs is more obvious. The phenomenon of shutdown may not only aggravate the shortage of funds for SMEs, but also reduce the solvency of enterprises, and may affect global automotive pump production and sales. Some enterprises have fallen into business difficulties and even went bankrupt.

Economic Downturn Leads to Lower Labor Costs

The global economic downturn has caused many companies to reduce their revenues, many small and medium-sized enterprises went bankrupt, and the surviving companies have also laid off employees, resulting in oversupply in the labor market. For automotive transmission pump companies, labor costs have declined and profit margins could be increased.

Increased car usage and Large Market Capacity

On the one hand, the utilization rate of automobiles in regions such as China and India are rising, and the automobile industry is still continuing to develop. The market demand has great potential. On the other hand, China's R & D and investment in electric vehicles are also increasing. The number of automobiles continues to grow steadily, and the demand for automatic transmission oil pumps is also increasing, which brings investment opportunities.

The impact of the Automotive Industry

After the long-term and extensive development of the automotive industry, many problems have emerged in the industry. The company's organizational system has serious internal problems, so it is difficult to adapt to current market changes. In terms of consumer experience, the automotive industry is a relatively backward and conservative industry. The current state of the enterprise is difficult to undertake the important task of a century-long change in the automotive industry. As the automotive industry is one of the most important downstream market for automotive transmission pump, this situation to some extent affect the global automotive transmission pump market.

Region Overview:

Europe dominated the Automotive Transmission Pump market in 2022, with a market share of 29.86%.

Company Overview:

Bosch is one of the major players operating in the Automotive Transmission Pump market, holding a share of 13.52% in 2023.

Bosch

Bosch Rexroth AG is an engineering company based in Rolle am Main, Germany. It was the result of the merger of the automation technology business units of Mannesmann Rexroth AG and Robert Bosch GmbH on May 1, 2001, and is a wholly-owned subsidiary of Robert Bosch GmbH.

ZF Friedrichshafen AG

ZF Friedrichshafen AG supplies auto parts. Offers systems for passenger cars, commercial vehicles and industrial technology. ZF Friedrichshafen serves customers all over the world.

Segmentation Overview:

By type, Variable displacement pump segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Passenger Car segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Automotive Transmission Pump market covered in Chapter 3:

Mitsubishi Electric Corporation
ZF Friedrichshafen AG
Shenglong Group
Hunan Oil Pump
Bosch Rexroth
Magna
FTE automotive
SHW
Johnson Electric
Toyo Advanced Technologies
Fuxin Dare Automotive Parts
Rheinmetall Automotive AG
Nidec
EMP
Hitachi
Chang Zheng Power Machine
Cascon

In Chapter 4 and Chapter 14.2, on the basis of types, the Automotive Transmission Pump market from 2018 to 2029 is primarily split into:

Fixed Displacement Pump
Variable Displacement Pump

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automotive Transmission Pump market from 2018 to 2029 covers:

Passenger Car
Lcv
Hcv

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)