Electric Oil Pump Market Size, Trends, Analysis, and Outlook by Type (Separate Pump, Integrated Pump), Application (Start-Stop System, Electric and Hybrid Vehicle), by Country, Segment, and Companies, 2024-2030

Electric Oil Pump Market Size, Trends, Analysis, and Outlook by Type (Separate Pump, Integrated Pump), Application (Start-Stop System, Electric and Hybrid Vehicle), by Country, Segment, and Companies, 2024-2030

The global Electric Oil Pump market size is poised to register 22.46% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Electric Oil Pump market by Type (Separate Pump, Integrated Pump), Application (Start-Stop System, Electric and Hybrid Vehicle).

The Electric Oil Pump Market is poised for significant growth and innovation by 2030, driven by the increasing electrification of vehicles, including hybrid and electric powertrains, which is fueling demand for more efficient and adaptable oil pumping solutions, driving the adoption of electric oil pumps as alternatives to traditional mechanical pumps. Secondly, stringent emissions regulations and the need for improved fuel efficiency are pushing automakers to optimize engine performance and reduce parasitic losses, leading to the integration of electric oil pumps for precise and on-demand oil flow control. Further, advancements in electric motor technology and electronic control systems are enabling the development of compact, lightweight, and energy-efficient electric oil pumps that enhance vehicle performance while reducing energy consumption. In addition, the growing trend toward vehicle electrification is expanding the market potential for electric oil pumps beyond internal combustion engine vehicles to include electric vehicles (EVs) and hybrid electric vehicles (HEVs), further driving market growth. Furthermore, the emergence of autonomous and connected vehicles, along with the increasing complexity of automotive systems, is creating opportunities for electric oil pumps to support advanced lubrication and cooling requirements in next-generation vehicles. .

Electric Oil Pump Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Electric Oil Pump market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Electric Oil Pump survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Electric Oil Pump industry.

Key market trends defining the global Electric Oil Pump demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Electric Oil Pump Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Electric Oil Pump industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Electric Oil Pump companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Electric Oil Pump industry

Leading Electric Oil Pump companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Electric Oil Pump companies.

Electric Oil Pump Market Study- Strategic Analysis Review

The Electric Oil Pump market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Electric Oil Pump Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Electric Oil Pump industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Electric Oil Pump Country Analysis and Revenue Outlook to 2030

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Electric Oil Pump Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Electric Oil Pump market segments. Similarly, Strong end-user demand is encouraging Canadian Electric Oil Pump companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Electric Oil Pump market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Electric Oil Pump Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Electric Oil Pump industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Electric Oil Pump market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Electric Oil Pump Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Electric Oil Pump in Asia Pacific. In particular, China, India, and South East Asian Electric Oil Pump markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Electric Oil Pump Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Electric Oil Pump Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Electric Oil Pump market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Electric Oil Pump.

Electric Oil Pump Market Company Profiles

The global Electric Oil Pump market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Aisin Seiki Co. Ltd, FTE automotive GmbH, Hitachi Automotive Systems Ltd, LG Innotek Co. Ltd, Magna International Inc, Mitsubishi Electric Corp, Nidec Corp, Rheinmetall Automotive AG, SHW AG , ZF Friedrichshafen AG.

Recent Electric Oil Pump Market Developments

The global Electric Oil Pump market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Electric Oil Pump Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:

Type

Separate Pump

Integrated Pump

Application

Start-Stop System

Electric and Hybrid Vehicle

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

Aisin Seiki Co. Ltd

FTE automotive GmbH

Hitachi Automotive Systems Ltd

LG Innotek Co. Ltd

Magna International Inc

Mitsubishi Electric Corp

Nidec Corp

Rheinmetall Automotive AG

SHW AG

ZF Friedrichshafen AG.

Formats Available: Excel, PDF, and PPT