Automotive Pumps Market
Transportation Services

Global Automotive Pumps Market Outlook, Opportunities And Strategies

Learn about the global automotive pumps market through The Business Research Company, which provides information on automotive pumps market size, automotive pumps market drivers and restraints, automotive pumps market players, the COVID-19 impact on the automotive pumps market, and more.

 

The global automotive pumps market size is expected to grow from $18.95 billion in 2021 to $19.76 billion in 2022 at a compound annual growth rate (CAGR) of 4.25%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive pump market size is expected to reach $24.34 billion in 2026 at a CAGR of 5.35%.

 

The rising electrification of vehicles is expected to propel the growth of the automotive pumps market.

 

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The automotive pumps market consists of sales of automotive pumps by entities (organizations, partnerships, and sole proprietors) that are used in vehicles to transmit fluids (liquid or gas) by lowering or raising the pressure on the fluids to improve vehicle performance and fuel efficiency. Automotive pumps function by lifting, compressing, or transferring fluids around the vehicle’s operating system by using mechanical force or electric energy from a motor.

 

Global Automotive Pumps Market Segments Include:

By Pump Type: Automotive Fuel Injection Pumps, Automotive Fuel Supply Pumps, Automotive Engine Oil Pumps, Automotive Transmission Oil Pumps, Automotive Coolant Pumps, Automotive Steering Pumps, Automotive Vacuum Pumps, Automotive Windshield Washer Pumps

By Electric Vehicle Type: BEV, FCEV, HEV, PHEV

By Technology Type: Electric Automotive Pumps, Mechanical Automotive Pumps

By Sales Channel: OEM, Aftermarket

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the automotive pumps market in 2021 and is also expected to be the fastest-growing region in the global automotive pumps market during the forecast period.

 

The growing adoption of new technologies is a key trend gaining popularity in the automotive pumps market. New technologies such as gasoline turbocharger, gasoline direct injection, and automatic transmission enable efficient circulation of oil in all parts of an automobile to create lucrative opportunities for manufacturers of automotive pumps.

 

TBRC’s automotive pumps market report covers:

Major Market Players: Aisin Seiki, Denso Corporation, Robert Bosch GmbH, Johnson Electric, KSPG AG, Magna International, SHW AG, ZF, Continental AG, Concentric AB, HELLA KGaA Hueck & Co., Seiki Co. Ltd, Valeo, Hitachi Automotive Systems Ltd., JTEKT Corporation, Magneti Marelli S.p.A, Pricol Ltd., TI Automotive Ltd, Rheinmetall Automotive AG, The Sherwin-Williams Company, and Mikuni Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Automotive Pumps Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automotive pumps market overviews, analyzes and forecasts market size, share, automotive pumps market players, automotive pumps market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s automotive pumps market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

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