Automotive Pump Trends and Forecast
The future of the global automotive pump market looks promising with opportunities in the OEM and aftermarket markets. The global automotive pump market is expected to reach an estimated $21.9 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing number of hybrid and electric cars and growing demand for fuel-efficient cars.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Automotive Pump by Segment
The study includes a forecast for the global automotive pump by type, technology, sales channel, and region.
Automotive Pump Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Fuel Injection Pump
• Fuel Pump
• Water Pump
• Vacuum Pump
• Others
Automotive Pump Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Mechanical
• Electric
Automotive Pump Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]:
• OEM
• Aftermarket
Automotive Pump Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Automotive Pump Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive pump companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive pump companies profiled in this report include-
• Johnson Electric Holdings
• MAHLE
• Mitsubishi Electric Corporation
• Aisan Industry
• Robert Bosch
• Valeo
• Schaeffler Technologies
• GMB Corporation
• AISIN SEIKI
• Continental
Automotive Pump Market Insights
Lucintel forecasts that water pump is expected to witness the highest growth over the forecast period.
Within this market, OEM will remain the larger segment over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Automotive Pump Market
Market Size Estimates: Automotive pump market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automotive pump market size by type, technology, sales channel, and region in terms of value ($B).
Regional Analysis: Automotive pump market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, technologies, sales channels, and regions for the automotive pump market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive pump market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automotive pump market size?
Answer: The global automotive pump market is expected to reach an estimated $21.9 billion by 2030.
Q2. What is the growth forecast for automotive pump market?
Answer: The global automotive pump market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the automotive pump market?
Answer: The major drivers for this market are increasing number of hybrid and electric cars and growing demand for fuel-efficient cars.
Q4. What are the major segments for automotive pump market?
Answer: The future of the automotive pump market looks promising with opportunities in the OEM and aftermarket markets.
Q5. Who are the key automotive pump market companies?
Answer: Some of the key automotive pump companies are as follows:
• Johnson Electric Holdings
• MAHLE
• Mitsubishi Electric Corporation
• Aisan Industry
• Robert Bosch
• Valeo
• Schaeffler Technologies
• GMB Corporation
• AISIN SEIKI
• Continental
Q6. Which automotive pump market segment will be the largest in future?
Answer: Lucintel forecasts that water pump is expected to witness the highest growth over the forecast period.
Q7. In automotive pump market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive pump market by type (fuel injection pump, fuel pump, water pump, vacuum pump, and others), technology (mechanical and electric), sales channel (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Automotive Pump Market, Automotive Pump Market Size, Automotive Pump Market Growth, Automotive Pump Market Analysis, Automotive Pump Market Report, Automotive Pump Market Share, Automotive Pump Market Trends, Automotive Pump Market Forecast, Automotive Pump Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.