An automotive pump was traditionally wont to transfer automotive fluids to vehicles. Nevertheless, this pump has been growingly used for improving vehicle performance and fuel efficiency. Automotive pumps are utilized in many vehicle parts like coolant, steering, transmission, lubrication and fuel. Pumps implied for transferring automotive fluids to automobiles are called automotive pumps. These pumps are gaining popularity globally for improvising a vehicle’s performance and fuel efficiency. Automotive pumps are utilized in numerous automotive parts, like steering wheels, coolant, lubrication, and transmission.

The global automotive pump market is projected to grow more than US$ 19.24 billion by 2027 at a CAGR of 6.9%.

One of the main factors restraining the expansion of the worldwide automotive pumps market is that the low replacement rates. With technological advancement, these rates are forecast to be further slashed. This offers low potential for aftermarket of automotive pumps manufacturers globally. Additionally, adoption of electric power steering has increased within the recent past leading to less share for automotive pumps aided steering systems. Moreover, increasing concentration on performance by engines and rising customer demand for fuel-effective automobiles are encouraging producers to implement the fuel injection system structures, successively creating vast potential for the pumps market.

Global Automotive Pumps market is segmented based on the Type as, Fuel Pump, Water Pump, Vacuum Pump, Fuel Injection Pump, Steering Pump, & Headlight Washer Pump. On the basis of Technology as, the global Automotive Pumps market is segregated as, Electric Pump and Mechanical Pump. Global Automotive Pumps market is segmented based on the Vehicle Type as, Passenger Car (PC), Light Commercial Vehicle (LCV) and Heavy Commercial Vehicle (HCV). On the basis of Displacement as, Fixed Displacement and Variable Displacement. On the basis of Displacement as, Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (Fcev), Hybrid Electric Vehicle (HEV) and Plug-In Hybrid Vehicle (PHEV). On the basis of Ev Type as, Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (Fcev), Hybrid Electric Vehicle (HEV) and Plug-In Hybrid Vehicle (PHEV). On the basis of Off-Highway Vehicle Type as, Construction Equipment and Mining Equipment.

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Global Automotive Pumps market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Automotive Pumps market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of Automotive Pumps market manufacturers. The revenue generated from the sales of Automotive Pumps manufacturer has been calculated through primary and secondary research.

The market size estimation also considered leading players revenues as part of triangulation the key players considered are Aisin Seiki (Japan), Delphi (UK), Denso (Japan), Johnson Electric (Hong Kong), Bosch (Germany), KSPG (Germany), Magna (Canada), SHW (Germany), and ZF Availability Services among others operating in the Automotive Pumps market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.

The Automotive Pumps Market has been segmented as below:

Automotive Pumps Market, By Type

• Fuel Pump
• Water Pump
• Windshield Washer Pump
• Steering Pump
• Transmission Oil Pump
• Fuel Injection Pump
• Vacuum Pump
• Headlight Washer Pump

Automotive Pumps Market, By Vehicle Type

• Passenger Car (PC)
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)

Automotive Pumps Market, By Technology

• Electric Pump
• Mechanical Pump

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Automotive Pumps Market, By Displacement

• Fixed Displacement
• Variable Displacement

Automotive Pumps Market, By Off-Highway Vehicle Type

• Construction Equipment
• Mining Equipment

Automotive Pumps Market, By Region

• North America
• Europe
• Asia Pacific
• Rest of World

Report scope:

The global Automotive Pumps market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.

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