Global Automotive Pumps Market Examination & Future Forecast Analyzed till 2026

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Rockville, US, 2018-Nov-06 — /EPR Network/ — Mechanical automotive pumps are rapidly dying out owing to their lower energy-efficiency and higher hydraulic losses. Development of electrical pumps has quickly replaced mechanical pumps by winning preferences of automakers worldwide. Electric automotive pumps are independent of combustion engine operations and can be controlled whenever required with higher precision. Owing to these characteristics, electric pumps deliver significantly lower fuel consumption and carbon emissions. With the higher performance standards, the electric automotive pumps are highly sought after and are expected to represent over two-third of the market share as compared to mechanical automotive pumps during the forecast period.

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Fact.MR’s report on the automotive pumps market has introduced interesting insights about the steadily progressing market. The market analysis has revealed that stricter emission standards and preference for green technology have led significant investments in the R&D to enhance engine performance. With their indispensable role in the maintenance of engine efficiency, the automotive pumps market is expected to report a steady CAGR in the range of 4 – 5 % during the forecast period of 2017 – 2026.

The report delivers a thorough analysis of the key factors responsible to transform the growth trajectory of the automotive pumps market. Increasing demand for fuel-efficient vehicles and expansion of automotive aftermarket are few of the prime fillips identified which are likely to drive the automotive pumps market in the coming years.

Study envisages that increasing demand for light-weight fuel-efficient vehicles has led to the adoption transition from mechanical pumps to electrical pumps. This analysis has revealed the dominance of electrical pumps in the automotive pumps market with over two-third revenue share of the market and over 4% of CAGR during the forecast.

Demand for High-Performance Engines Encourages R&D Investments in the Automotive Pumps Technology

The development of the automotive industry is significantly influenced by evolving emission standards as well as rising sales of automobiles across world regions. Consumers are seeking high-performance vehicles that are light-weight and fuel efficient. The crucial role of automotive pumps in enhancing the engine efficiency has increased the investments in R&D to develop advanced automotive pumps. Manufacturers are focusing on introducing affordable and low-friction pumps that deliver higher efficiency suitable for high-performance engines. Further, to complement the technology of next-gen vehicles manufacturers are actively engaged in new product developments. Design developments with regard to lightweight, rapid response, and affordability are trending in the automotive pumps market.

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Fuel Supply Pumps Preserve the Leading Stance, Fuel Injection Pumps to Expand Rapidly in the Automotive Pumps Market

As an essential component of the automobile engine system, fuel supply pump is highly sought after by automakers as compared to other types of fuel pumps. Among different types of automotive pumps, fuel supply pumps continue to maintain their market position with consistently evolving effective fuel supply technology. That said, the fuel supply segment is expected to continue its dominance with a significant market valuation exceeding sales over US$ 30,700 Mn by 2026 end. On the other hand, fuel injection pumps are emerging rapidly with the steadily rising demand for diesel-powered cars and commercial vehicles. Higher fuel efficiency is the prime fillip driving the sales of diesel-powered automobiles, thereby propelling the demand for fuel injection automotive pumps in the automotive pumps market.

Growing Vehicle Electrification to Challenge Progress of the Automotive Pumps beyond Forecast

The automotive industry is rapidly witnessing transformations owing to stringent emission standards, demand for fuel-efficiency, and preference for sustainable automotive technologies. As electric vehicles run by electric power and are independent of internal combustion engines, demand for fuel automotive pumps is likely to witness challenges of adoption in future. Further, automotive pumps are likely to face issues of incompatibility with the advanced technologies of electric vehicles. As vehicle electrification is encouraged against the backdrop of growing environmental concerns, rising fuel prices, and increasing costs of the internal combustion engine and their maintenance, the automotive pumps market is expected to face limited adoption by automakers during the forecast and beyond.

Competitive Landscape

Prominent insights regarding the business strategies undertaken by key market players in the automotive pumps market are elaborately discussed in this section. The automotive pumps market is marked by significant investments in R&D and introduction of novel products. In addition, the shift in manufacturing attitude following the stringent emission standards and vehicle electrification is trending among key companies.

The report has identified leading market players in the automotive pumps market including Aisin Seiki Co. Ltd., Delphi Automotive, Denso Corporation, Robert Bosch Gmbh, Johnson Electric, KSPG AG-A, Mikuni Corporation, Magna International, TRW Automotive, SHW AG, Continental AG, Davies Craig, and Mahle Group. among others.

Table of Content:

  1. Global Economic Outlook
  2. Global Automotive Pumps Market – Executive Summary
  3. Global Automotive Pumps Market Overview
    3.1. Introduction
    3.1.1. Global Automotive Pumps Market Taxonomy
    3.1.2. Global Automotive Pumps Market Definition
    3.2. Global Automotive Pumps Market Size (US$ Mn) and Forecast, 2012-2026
    3.2.1. Global Automotive Pumps Market Y-o-Y Growth
    3.3. Global Automotive Pumps Market Dynamics
    3.4. Supply Chain
    3.5. PESTLE Analysis
    3.6. Porter’s Five Forces
    3.7. Pricing Analysis
    3.8. Product Life Cycle
    3.9. Key Participants Market Presence (Intensity Map by Region)
  4. Global Automotive Pumps Market Analysis and Forecast 2012-2026 
    4.1. Global Automotive Pumps Market Size and Forecast By Pump Type, 2012-2026
    4.1.1. Fuel Supply Market Size and Forecast, 2012-2026
    4.1.1.1. Revenue (US$ Mn) Comparison, By Region
    4.1.1.2. Market Share Comparison, By Region
    4.1.1.3. Y-o-Y growth Comparison, By Region
    4.1.2. Fuel Injection Market Size and Forecast, 2012-2026
    4.1.2.1. Revenue (US$ Mn) Comparison, By Region
    4.1.2.2. Market Share Comparison, By Region
    4.1.2.3. Y-o-Y growth Comparison, By Region
    4.1.3. Transmission Oil Market Size and Forecast, 2012-2026
    4.1.3.1. Revenue (US$ Mn) Comparison, By Region

Continued……………..

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