Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 12.65 Billion

CAGR (2023-2028)

8.24%

Fastest Growing Segment

Fuel Pump

Largest Market

Asia-Pacific




Market Overview

The Global Automotive Pumps Market size reached USD 12.65 Billion in 2022 and is expected to grow with a CAGR of 8.24% in the forecast period. The global automotive pumps market has experienced significant growth in recent years, driven by various factors such as increasing vehicle production, technological advancements, and the growing demand for fuel-efficient vehicles. Automotive pumps play a crucial role in various vehicle systems, including fuel delivery, coolant circulation, oil circulation, and transmission fluid management. One of the key drivers of the global automotive pumps market is the increasing vehicle production worldwide. As the automotive industry continues to expand, the demand for automotive pumps rises in parallel. The rising population, urbanization, and improving economic conditions in emerging economies have led to a surge in vehicle ownership, further fueling the demand for automotive pumps. Technological advancements have also played a vital role in the growth of the automotive pumps market. Manufacturers are continuously developing innovative pump technologies to improve efficiency, reduce emissions, and enhance overall vehicle performance. For instance, the development of electric pumps and variable displacement pumps has gained traction due to their ability to optimize fuel consumption and reduce energy losses.

The growing demand for fuel-efficient vehicles has been a significant driver for the automotive pumps market. With increasing environmental concerns and stringent emission regulations, automakers are focusing on developing vehicles with improved fuel economy. Automotive pumps, such as fuel pumps and water pumps, play a crucial role in achieving better fuel efficiency by delivering the right amount of fuel and coolant to the engine. Moreover, the increasing adoption of electric and hybrid vehicles has further boosted the demand for automotive pumps. Electric vehicles require specialized pumps for cooling the battery, managing the transmission fluid, and circulating coolant. As the market for electric vehicles continues to grow, the demand for automotive pumps specifically designed for these vehicles is expected to increase. In conclusion, the global automotive pumps market is witnessing significant growth driven by factors such as increasing vehicle production, technological advancements, the growing demand for fuel-efficient vehicles, and the adoption of electric and hybrid vehicles. As the automotive industry continues to evolve, the market for automotive pumps is expected to expand further, driven by the need for improved vehicle performance, efficiency, and compliance with stringent emission regulations.

Key Market Drivers

Increasing Vehicle Production

The global automotive industry has been experiencing steady growth in vehicle production. This growth is driven by factors such as rising population, improving economic conditions, and increasing urbanization. As vehicle production continues to rise, the demand for automotive pumps also increases, as every vehicle requires various types of pumps for its proper functioning. The expansion of the automotive industry, particularly in emerging economies, is a major driver for the global automotive pumps market.

Technological Advancements

The automotive industry is witnessing rapid technological advancements, and this has a direct impact on the automotive pumps market. Manufacturers are continuously developing innovative pump technologies to improve efficiency, reduce emissions, and enhance overall vehicle performance. For example, the development of electric pumps, variable displacement pumps, and intelligent pump systems has gained traction due to their ability to optimize fuel consumption, reduce energy losses, and provide better control over pump operations. Technological advancements drive the demand for advanced automotive pumps, as automakers strive to incorporate the latest technologies into their vehicles.

Growing Demand for Fuel-efficient Vehicles

With increasing environmental concerns and stringent emission regulations, there is a growing demand for fuel-efficient vehicles. Automotive pumps, such as fuel pumps and water pumps, play a crucial role in achieving better fuel efficiency by delivering the right amount of fuel and coolant to the engine. Automakers are focusing on developing vehicles with improved fuel economy, and this drives the demand for efficient and high-performance automotive pumps.

Adoption of Electric and Hybrid Vehicles

The increasing adoption of electric and hybrid vehicles is another significant driver for the global automotive pumps market. Electric vehicles require specialized pumps for cooling the battery, managing the transmission fluid, and circulating coolant. As the market for electric and hybrid vehicles continues to grow, the demand for automotive pumps specifically designed for these vehicles is expected to increase. The shift towards electric and hybrid vehicles is driven by factors such as government incentives, environmental regulations, and consumer preferences for cleaner and more sustainable transportation options.

Stringent Emission Regulations

Governments across the globe are implementing stringent emission regulations to reduce pollution and promote cleaner fuels. Automotive pumps play a crucial role in achieving these emission targets by ensuring efficient fuel delivery, proper cooling, and effective fluid management. Automakers need to comply with these regulations, which drives the demand for advanced automotive pumps that can meet the stringent emission standards.

Increasing Vehicle Safety Standards

Vehicle safety has become a top priority for consumers and regulatory bodies. Automotive pumps, such as brake pumps and steering pumps, are essential components for ensuring vehicle safety. The growing emphasis on vehicle safety standards and the incorporation of advanced safety features drive the demand for reliable and high-performance automotive pumps.

Growing Aftermarket Sales

The expansion of the automotive aftermarket is another driver for the global automotive pumps market. As vehicles age, the need for replacement parts, including pumps, increases. The aftermarket segment provides opportunities for pump manufacturers to cater to the demand for replacement pumps. The growing vehicle parc and the need for maintenance and repair contribute to the aftermarket sales of automotive pumps.

Increasing Focus on Vehicle Performance and Comfort

Consumers are increasingly demanding vehicles that offer better performance, comfort, and driving experience. Automotive pumps play a crucial role in enhancing vehicle performance and comfort by ensuring efficient operation of various systems such as power steering, air conditioning, and suspension. The growing consumer demand for enhanced vehicle performance and comfort drives the demand for advanced automotive pumps that can deliver optimal performance and contribute to a smooth and comfortable driving experience.

In conclusion, the global automotive pumps market is driven by factors such as increasing vehicle production, technological advancements, the growing demand for fuel-efficient vehicles, the adoption of electric and hybrid vehicles, stringent emission regulations, increasing vehicle safety standards, growing aftermarket sales, and the focus on vehicle performance and comfort. These drivers shape the market and drive innovation in the automotive pumps industry.


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Key Market Challenges

Increasing Cost Pressure

The automotive industry is facing increasing cost pressures due to various factors such as rising raw material prices, fluctuating exchange rates, and increasing labor costs. This poses a challenge for manufacturers of automotive pumps as they need to maintain competitive pricing while ensuring high-quality products. Balancing cost-effectiveness with performance and reliability becomes crucial in such a competitive market.

Technological Complexity

Automotive pumps are becoming increasingly complex with the integration of advanced technologies. This complexity poses challenges in terms of design, manufacturing, and maintenance. Manufacturers need to invest in research and development to keep up with the evolving technological landscape and ensure that their pumps meet the requirements of modern vehicles. Additionally, the integration of multiple pump systems in hybrid and electric vehicles adds another layer of complexity.

Stringent Emission Regulations

Governments around the world are implementing stringent emission regulations to reduce pollution and promote cleaner fuels. This puts pressure on automotive pump manufacturers to develop pumps that meet these regulations and contribute to lower emissions. Meeting these standards requires continuous innovation and investment in research and development.

Increasing Competition

The global automotive pumps market is highly competitive, with numerous players vying for market share. This intense competition puts pressure on manufacturers to constantly innovate and differentiate their products to stay ahead. Companies need to invest in research and development to develop advanced pump technologies and offer unique features to attract customers. The challenge lies in standing out in a crowded market and maintaining a competitive edge.

Supply Chain Disruptions

The automotive industry relies on a complex global supply chain to source components and raw materials. Disruptions in the supply chain, such as natural disasters, trade disputes, or political instability, can impact the availability of critical components for automotive pumps. Manufacturers need to have robust supply chain management strategies in place to mitigate the risks associated with supply chain disruptions.

Evolving Vehicle Technologies

The automotive industry is undergoing a rapid transformation with the advent of electric and autonomous vehicles. These new technologies require specialized pumps to meet their unique requirements. Manufacturers need to adapt to these evolving technologies and develop pumps that are compatible with electric and autonomous vehicle systems. Keeping up with the pace of technological advancements and ensuring seamless integration with new vehicle technologies can be a challenge.

Quality and Reliability

Automotive pumps are critical components that need to withstand harsh operating conditions and deliver consistent performance. Ensuring the quality and reliability of pumps is crucial to maintaining customer satisfaction and brand reputation. Manufacturers need to invest in quality control measures, testing, and validation processes to ensure that their pumps meet the highest standards of performance and reliability.

Environmental Sustainability

The automotive industry is increasingly focusing on environmental sustainability, and this includes the development of eco-friendly and energy-efficient vehicles. Automotive pump manufacturers need to align their operations with sustainable practices, such as reducing energy consumption, minimizing waste generation, and adopting eco-friendly manufacturing processes. Meeting these sustainability goals can be challenging and requires significant investments.

In summary, the global automotive pumps market faces challenges such as increasing cost pressure, technological complexity, stringent emission regulations, increasing competition, supply chain disruptions, evolving vehicle technologies, ensuring quality and reliability, and environmental sustainability. Overcoming these challenges requires continuous innovation, investment in research and development, and strategic planning to stay ahead in the dynamic automotive industry.

Key Market Trends

Increasing Demand for Electric and Hybrid Vehicles

The global automotive industry is witnessing a significant shift towards electric and hybrid vehicles. This trend is driven by factors such as increasing environmental concerns, government incentives, and advancements in battery technology. Electric and hybrid vehicles require specialized pumps for cooling the battery, managing the transmission fluid, and circulating coolant. The growing demand for electric and hybrid vehicles is expected to drive the demand for automotive pumps specifically designed for these vehicles.

Growing Focus on Fuel Efficiency

With the increasing emphasis on reducing carbon emissions and improving fuel economy, there is a growing focus on developing fuel-efficient vehicles. Automotive pumps play a crucial role in optimizing fuel delivery and circulation, thereby contributing to improved fuel efficiency. Manufacturers are investing in research and development to develop advanced pump technologies that can enhance fuel efficiency and meet stringent emission regulations.

Integration of Advanced Technologies

The automotive industry is witnessing the integration of advanced technologies such as connectivity, automation, and artificial intelligence. These technologies are also being incorporated into automotive pumps to enhance their performance and functionality. For example, smart pumps with sensors and connectivity capabilities can provide real-time data on pump performance, enabling predictive maintenance and optimizing vehicle performance.

Lightweight Pump Designs

The automotive industry is increasingly focused on reducing vehicle weight to improve fuel efficiency and performance. This trend is also influencing the design of automotive pumps, with manufacturers exploring lightweight materials and compact designs. Lightweight pump designs not only contribute to weight reduction but also improve overall vehicle dynamics and handling.

Shift towards Electric Power Steering

Electric power steering (EPS) systems are gaining popularity in the automotive industry due to their advantages such as improved fuel efficiency, reduced maintenance, and enhanced driver comfort. EPS systems require electric pumps for power assistance, replacing traditional hydraulic systems. The shift towards EPS systems is expected to drive the demand for electric pumps in the automotive market.

Increasing Adoption of Advanced Driver Assistance Systems (ADAS) Advanced driver assistance systems (ADAS) are becoming increasingly common in modern vehicles. These systems rely on various sensors and actuators, including pumps, to enable features such as adaptive cruise control, lane-keeping assist, and automatic emergency braking. The growing adoption of ADAS is expected to drive the demand for pumps that support these systems.

Growing Demand for Aftermarket Pumps

The automotive aftermarket plays a significant role in the global automotive pumps market. As vehicles age, the need for replacement parts, including pumps, increases. The expansion of the automotive aftermarket, coupled with the growing vehicle parc, is expected to drive the demand for aftermarket pumps. Manufacturers are focusing on providing high-quality aftermarket pumps to cater to the needs of vehicle owners and repair shops.

Emphasis on Sustainability and Environmental Responsibility

The automotive industry is increasingly focusing on sustainability and environmental responsibility. This includes the development of eco-friendly and energy-efficient vehicles. Automotive pump manufacturers are aligning their operations with sustainable practices, such as reducing energy consumption, minimizing waste generation, and adopting eco-friendly manufacturing processes. The emphasis on sustainability is expected to drive the development of more efficient and environmentally friendly automotive pump technologies.

In summary, the global automotive pumps market is witnessing trends such as increasing demand for electric and hybrid vehicles, growing focus on fuel efficiency, integration of advanced technologies, lightweight pump designs, shift towards electric power steering, increasing adoption of ADAS, growing demand for aftermarket pumps, and emphasis on sustainability. These trends are shaping the automotive pumps market and driving innovation in pump technologies to meet the evolving needs of the automotive industry.

Segmental Insights

By Product

Fuel Pumps: Fuel pumps are responsible for delivering fuel from the fuel tank to the engine. They ensure a consistent and reliable fuel supply, optimizing engine performance and fuel efficiency. With the increasing demand for fuel-efficient vehicles and stringent emission regulations, the demand for fuel pumps is expected to grow.

Oil Pumps: Oil pumps are essential for lubricating the engine components and ensuring proper oil circulation. They maintain optimal engine performance by reducing friction and preventing wear and tear. Oil pumps are crucial for the longevity and smooth operation of the engine.

Steering Pumps: Steering pumps, also known as power steering pumps, assist in providing power assistance to the steering system. They help in reducing the effort required to steer the vehicle, enhancing driver comfort and control. Steering pumps play a vital role in modern power steering systems, contributing to improved vehicle handling and maneuverability.

Water Pumps: Water pumps are responsible for circulating coolant throughout the engine, maintaining optimal operating temperatures. They prevent overheating and ensure efficient cooling of the engine. Water pumps are crucial for the proper functioning of the vehicle's cooling system.

Fuel Injection Pumps: Fuel injection pumps are responsible for delivering fuel to the engine's combustion chambers at the right pressure and timing. They play a crucial role in modern fuel injection systems, ensuring precise fuel delivery and optimizing engine performance. With the increasing adoption of fuel injection technology, the demand for fuel injection pumps is expected to grow.

Others: The "others" category includes various types of pumps used in different vehicle systems. This may include transmission pumps, windshield washer pumps, vacuum pumps, and more. These pumps serve specific functions in the vehicle and contribute to its overall performance and functionality.

In summary, the global automotive pumps market encompasses various product segments, including fuel pumps, oil pumps, steering pumps, water pumps, fuel injection pumps, and others. Each product segment plays a vital role in the functioning of different vehicle systems, ensuring optimal performance, efficiency, and reliability. The demand for these pumps is driven by factors such as fuel efficiency requirements, emission regulations, technological advancements, and the growing automotive industry.

By Technology

Mechanical pumps have been traditionally used in automotive applications for many years. These pumps are driven by mechanical means, such as a belt or gear, and rely on mechanical components to generate the necessary pressure and flow. Mechanical pumps are commonly used in applications such as water pumps, oil pumps, and fuel pumps in older vehicles. They are known for their simplicity, reliability, and cost-effectiveness. However, mechanical pumps may have limitations in terms of efficiency and control compared to electrical pumps.

Electrical Pumps: Electrical pumps have gained significant popularity in recent years due to advancements in technology and the increasing demand for more efficient and precise pump operations. Electrical pumps are powered by an electric motor and offer several advantages over mechanical pumps. They provide better control over pump operations, allowing for variable speed control and intelligent fuel pressure regulation. Electrical pumps are commonly used in applications such as fuel pumps, power steering pumps, and coolant pumps in modern vehicles. They are known for their higher efficiency, reduced noise and vibration levels, and improved performance.

The choice between mechanical and electrical pumps depends on various factors, including the specific application, performance requirements, and cost considerations. While mechanical pumps are still widely used in certain applications, the automotive industry is increasingly adopting electrical pumps due to their superior performance, efficiency, and control capabilities. As the industry continues to evolve and focus on fuel efficiency and emission reduction, the demand for electrical pumps is expected to grow. Manufacturers are investing in research and development to further enhance the technology and offer advanced electrical pump solutions to meet the evolving needs of the automotive market.


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Regional Insights

  • The North American region holds a significant share in the global automotive pumps market. The region is home to major automotive manufacturers and has a well-established automotive industry. The demand for automotive pumps in North America is driven by factors such as increasing vehicle production, technological advancements, and stringent emission regulations. Additionally, the region has a strong focus on fuel efficiency and the adoption of electric and hybrid vehicles, which further contributes to the demand for advanced electrical pumps.
  • Europe: Europe is another prominent market for automotive pumps. The region has stringent emission regulations and a strong emphasis on sustainability. European automakers are investing in research and development to develop advanced pump technologies that improve fuel efficiency and reduce emissions. The region also has a high demand for luxury vehicles, which drives the adoption of high-performance pumps. Additionally, the presence of major automotive manufacturers and technological advancements in Europe further contribute to the growth of the automotive pumps market.
  • Asia Pacific: The Asia Pacific region is witnessing rapid growth in the automotive industry, making it a significant market for automotive pumps. Countries like China, Japan, and India are major contributors to the market in this region. The increasing population, rising disposable income, and urbanization are driving the demand for vehicles, which in turn drives the demand for automotive pumps. Additionally, the region has a strong focus on electric mobility and the adoption of advanced technologies, leading to the increased demand for electrical pumps.
  • Latin America: Latin America is an emerging market for automotive pumps. The region has a growing automotive industry, driven by increasing vehicle production and rising consumer demand. The demand for automotive pumps in Latin America is driven by factors such as improving economic conditions, increasing disposable income, and government initiatives promoting the adoption of cleaner and more fuel-efficient vehicles. Additionally, the region has a significant aftermarket presence, contributing to the demand for replacement pumps.
  • Middle East and Africa: The Middle East and Africa region have a smaller share in the global automotive pumps market. However, the region is witnessing growth due to increasing vehicle sales and the adoption of advanced technologies. The demand for automotive pumps in this region is driven by factors such as rising disposable income, urbanization, and government initiatives promoting sustainable transportation.
  • In summary, the global automotive pumps market exhibits regional variations based on factors such as vehicle production, emission regulations, consumer preferences, and economic conditions. Each region presents unique opportunities and challenges for market players, and understanding regional insights is crucial for strategic decision-making and market expansion.

Recent Developments

  • In February 2023, Motion & Control Enterprises has completed the acquisition of Precision Pump & Valve, a leading distributor specializing in safety relief and control valves, pumps, and associated equipment. Precision Pump & Valve offers comprehensive solutions tailored to the specific needs of the oil and gas, petrochemical, and chemical processing markets. This strategic acquisition strengthens Motion & Control Enterprises' position in these industries and expands its portfolio of offerings to better serve its customers.

Key Market Players

  • JTEKT Corporation
  • ZF TRW Automotive Holdings Corp.
  • Aisin Seiki Co. Ltd.
  • WABCO Holdings, Inc.
  • Concentric AB
  • TI Automotive Ltd.
  • Continental AG
  • SHW AG
  • Delphi Automotive LLP
  • Pricol Ltd.

By Product

By Technology

By Vehicle Type

By Region

  • Fuel Pump
  • Oil Pump
  • Steering Pump
  • Water Pump
  • Fuel Injection Pump
  • Others
  • Mechanical
  • Electrical
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Two-Wheelers
  • North America
  • Europe & CIS
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Automotive Pumps Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Automotive Pumps Market, By Product:

o   Fuel Pump

o   Oil Pump

o   Steering Pump

o   Water Pump

o   Fuel Injection Pump

o   Others

  • Automotive Pumps Market, By Technology:

o   Mechanical

o   Electrical

  • Automotive Pumps Market, By Vehicle Type:

o   Passenger Cars

o   Light Commercial Vehicles

o   Heavy Commercial Vehicles

o   Two-Wheelers

  • Automotive Pumps Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  Turkey

§  Iran

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Automotive Pumps Market.

Available Customizations:

Global Automotive Pumps Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Automotive Pumps Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]              

Table of content

1.     Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Automotive Pumps Market

5.    Global Automotive Pumps Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Product Market Share Analysis (Fuel Pump, Oil Pump, Steering Pump, Water Pump, Fuel Injection Pump, and Others)

5.2.2.     By Technology Market Share Analysis (Mechanical, and Electrical)

5.2.3.     By Vehicle Type Market Share Analysis (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Two-Wheelers)

5.2.4.     By Regional Market Share Analysis

5.2.4.1.         Asia-Pacific Market Share Analysis

5.2.4.2.         Europe & CIS Market Share Analysis

5.2.4.3.         North America Market Share Analysis

5.2.4.4.         South America Market Share Analysis

5.2.4.5.         Middle East & Africa Market Share Analysis

5.2.5.     By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2022)

5.3.  Global Automotive Pumps Market Mapping & Opportunity Assessment

5.3.1.     By Product Market Mapping & Opportunity Assessment

5.3.2.     By Technology Market Mapping & Opportunity Assessment

5.3.3.     By Vehicle Type Market Mapping & Opportunity Assessment

5.3.4.     By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Automotive Pumps Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Market Share Analysis

6.2.2.     By Technology Market Share Analysis

6.2.3.     By Vehicle Type Market Share Analysis

6.2.4.     By Country Market Share Analysis

6.2.4.1.         China Market Share Analysis

6.2.4.2.         India Market Share Analysis

6.2.4.3.         Japan Market Share Analysis

6.2.4.4.         Indonesia Market Share Analysis

6.2.4.5.         Thailand Market Share Analysis

6.2.4.6.         South Korea Market Share Analysis

6.2.4.7.         Australia Market Share Analysis

6.2.4.8.         Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.     China Automotive Pumps Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Product Market Share Analysis

6.3.1.2.2.             By Technology Market Share Analysis

6.3.1.2.3.             By Vehicle Type Market Share Analysis

6.3.2.     India Automotive Pumps Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Product Market Share Analysis

6.3.2.2.2.             By Technology Market Share Analysis

6.3.2.2.3.             By Vehicle Type Market Share Analysis

6.3.3.     Japan Automotive Pumps Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Product Market Share Analysis

6.3.3.2.2.             By Technology Market Share Analysis

6.3.3.2.3.             By Vehicle Type Market Share Analysis

6.3.4.     Indonesia Automotive Pumps Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Product Market Share Analysis

6.3.4.2.2.             By Technology Market Share Analysis

6.3.4.2.3.             By Vehicle Type Market Share Analysis

6.3.5.     Thailand Automotive Pumps Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Product Market Share Analysis

6.3.5.2.2.             By Technology Market Share Analysis

6.3.5.2.3.             By Vehicle Type Market Share Analysis

6.3.6.     South Korea Automotive Pumps Market Outlook

6.3.6.1.         Market Size & Forecast

6.3.6.1.1.             By Value

6.3.6.2.         Market Share & Forecast

6.3.6.2.1.             By Product Market Share Analysis

6.3.6.2.2.             By Technology Market Share Analysis

6.3.6.2.3.             By Vehicle Type Market Share Analysis

6.3.7.     Australia Automotive Pumps Market Outlook

6.3.7.1.         Market Size & Forecast

6.3.7.1.1.             By Value

6.3.7.2.         Market Share & Forecast

6.3.7.2.1.             By Product Market Share Analysis

6.3.7.2.2.             By Technology Market Share Analysis

6.3.7.2.3.             By Vehicle Type Market Share Analysis

7.    Europe & CIS Automotive Pumps Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Market Share Analysis

7.2.2.     By Technology Market Share Analysis

7.2.3.     By Vehicle Type Market Share Analysis

7.2.4.     By Country Market Share Analysis

7.2.4.1.         Germany Market Share Analysis

7.2.4.2.         Spain Market Share Analysis

7.2.4.3.         France Market Share Analysis

7.2.4.4.         Russia Market Share Analysis

7.2.4.5.         Italy Market Share Analysis

7.2.4.6.         United Kingdom Market Share Analysis

7.2.4.7.         Belgium Market Share Analysis

7.2.4.8.         Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.     Germany Automotive Pumps Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product Market Share Analysis

7.3.1.2.2.             By Technology Market Share Analysis

7.3.1.2.3.             By Vehicle Type Market Share Analysis

7.3.2.     Spain Automotive Pumps Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product Market Share Analysis

7.3.2.2.2.             By Technology Market Share Analysis

7.3.2.2.3.             By Vehicle Type Market Share Analysis

7.3.3.     France Automotive Pumps Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product Market Share Analysis

7.3.3.2.2.             By Technology Market Share Analysis

7.3.3.2.3.             By Vehicle Type Market Share Analysis

7.3.4.     Russia Automotive Pumps Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product Market Share Analysis

7.3.4.2.2.             By Technology Market Share Analysis

7.3.4.2.3.             By Vehicle Type Market Share Analysis

7.3.5.     Italy Automotive Pumps Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product Market Share Analysis

7.3.5.2.2.             By Technology Market Share Analysis

7.3.5.2.3.             By Vehicle Type Market Share Analysis

7.3.6.     United Kingdom Automotive Pumps Market Outlook

7.3.6.1.         Market Size & Forecast

7.3.6.1.1.             By Value

7.3.6.2.         Market Share & Forecast

7.3.6.2.1.             By Product Market Share Analysis

7.3.6.2.2.             By Technology Market Share Analysis

7.3.6.2.3.             By Vehicle Type Market Share Analysis

7.3.7.     Belgium Automotive Pumps Market Outlook

7.3.7.1.         Market Size & Forecast

7.3.7.1.1.             By Value

7.3.7.2.         Market Share & Forecast

7.3.7.2.1.             By Product Market Share Analysis

7.3.7.2.2.             By Technology Market Share Analysis

7.3.7.2.3.             By Vehicle Type Market Share Analysis

8.    North America Automotive Pumps Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Market Share Analysis

8.2.2.     By Technology Market Share Analysis

8.2.3.     By Vehicle Type Market Share Analysis

8.2.4.     By Country Market Share Analysis

8.2.4.1.         United States Market Share Analysis

8.2.4.2.         Mexico Market Share Analysis

8.2.4.3.         Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.     United States Automotive Pumps Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product Market Share Analysis

8.3.1.2.2.             By Technology Market Share Analysis

8.3.1.2.3.             By Vehicle Type Market Share Analysis

8.3.2.     Mexico Automotive Pumps Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product Market Share Analysis

8.3.2.2.2.             By Technology Market Share Analysis

8.3.2.2.3.             By Vehicle Type Market Share Analysis

8.3.3.     Canada Automotive Pumps Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product Market Share Analysis

8.3.3.2.2.             By Technology Market Share Analysis

8.3.3.2.3.             By Vehicle Type Market Share Analysis

9.    South America Automotive Pumps Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product Market Share Analysis

9.2.2.     By Technology Market Share Analysis

9.2.3.     By Vehicle Type Market Share Analysis

9.2.4.     By Country Market Share Analysis

9.2.4.1.         Brazil Market Share Analysis

9.2.4.2.         Argentina Market Share Analysis

9.2.4.3.         Colombia Market Share Analysis

9.2.4.4.         Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.     Brazil Automotive Pumps Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product Market Share Analysis

9.3.1.2.2.             By Technology Market Share Analysis

9.3.1.2.3.             By Vehicle Type Market Share Analysis

9.3.2.     Colombia Automotive Pumps Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product Market Share Analysis

9.3.2.2.2.             By Technology Market Share Analysis

9.3.2.2.3.             By Vehicle Type Market Share Analysis

9.3.3.     Argentina Automotive Pumps Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product Market Share Analysis

9.3.3.2.2.             By Technology Market Share Analysis

9.3.3.2.3.             By Vehicle Type Market Share Analysis

10.  Middle East & Africa Automotive Pumps Market Outlook

10.1.            Market Size & Forecast

10.1.1.  By Value

10.2.            Market Share & Forecast

10.2.1.  By Product Market Share Analysis

10.2.2.  By Technology Market Share Analysis

10.2.3.  By Vehicle Type Market Share Analysis

10.2.4.  By Country Market Share Analysis

10.2.4.1.      Turkey Market Share Analysis

10.2.4.2.      Iran Market Share Analysis

10.2.4.3.      Saudi Arabia Market Share Analysis

10.2.4.4.      UAE Market Share Analysis

10.2.4.5.      Rest of Middle East & Africa Market Share Africa

10.3.            Middle East & Africa: Country Analysis

10.3.1.  Turkey Automotive Pumps Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product Market Share Analysis

10.3.1.2.2.           By Technology Market Share Analysis

10.3.1.2.3.           By Vehicle Type Market Share Analysis

10.3.2.  Iran Automotive Pumps Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product Market Share Analysis

10.3.2.2.2.           By Technology Market Share Analysis

10.3.2.2.3.           By Vehicle Type Market Share Analysis

10.3.3.  Saudi Arabia Automotive Pumps Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product Market Share Analysis

10.3.3.2.2.           By Technology Market Share Analysis

10.3.3.2.3.           By Vehicle Type Market Share Analysis

10.3.4.  UAE Automotive Pumps Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Product Market Share Analysis

10.3.4.2.2.           By Technology Market Share Analysis

10.3.4.2.3.           By Vehicle Type Market Share Analysis

11.  SWOT Analysis

11.1.            Strength

11.2.            Weakness

11.3.            Opportunities

11.4.            Threats

12.  Market Dynamics

12.1.            Market Drivers

12.2.            Market Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.            Company Profiles (Up to 10 Major Companies)

14.1.1.  JTEKT Corporation

14.1.1.1.      Company Details

14.1.1.2.      Key Product Offered

14.1.1.3.      Financials (As Per Availability)

14.1.1.4.      Recent Developments

14.1.1.5.      Key Management Personnel

14.1.2.  ZF TRW Automotive Holdings Corp.

14.1.2.1.      Company Details

14.1.2.2.      Key Product Offered

14.1.2.3.      Financials (As Per Availability)

14.1.2.4.      Recent Developments

14.1.2.5.      Key Management Personnel

14.1.3.  Aisin Seiki Co. Ltd.

14.1.3.1.      Company Details

14.1.3.2.      Key Product Offered

14.1.3.3.      Financials (As Per Availability)

14.1.3.4.      Recent Developments

14.1.3.5.      Key Management Personnel

14.1.4.   WABCO Holdings, Inc.

14.1.4.1.      Company Details

14.1.4.2.      Key Product Offered

14.1.4.3.      Financials (As Per Availability)

14.1.4.4.      Recent Developments

14.1.4.5.      Key Management Personnel

14.1.5.  Concentric AB

14.1.5.1.      Company Details

14.1.5.2.      Key Product Offered

14.1.5.3.      Financials (As Per Availability)

14.1.5.4.      Recent Developments

14.1.5.5.      Key Management Personnel

14.1.6.  TI Automotive Ltd.

14.1.6.1.      Company Details

14.1.6.2.      Key Product Offered

14.1.6.3.      Financials (As Per Availability)

14.1.6.4.      Recent Developments

14.1.6.5.      Key Management Personnel

14.1.7.  Continental AG

14.1.7.1.      Company Details

14.1.7.2.      Key Product Offered

14.1.7.3.      Financials (As Per Availability)

14.1.7.4.      Recent Developments

14.1.7.5.      Key Management Personnel

14.1.8.  SHW AG

14.1.8.1.      Company Details

14.1.8.2.      Key Product Offered

14.1.8.3.      Financials (As Per Availability)

14.1.8.4.      Recent Developments

14.1.8.5.      Key Management Personnel

14.1.9.  Delphi Automotive LLP

14.1.9.1.      Company Details

14.1.9.2.      Key Product Offered

14.1.9.3.      Financials (As Per Availability)

14.1.9.4.      Recent Developments

14.1.9.5.      Key Management Personnel

14.1.10.                Pricol Ltd.

14.1.10.1.    Company Details

14.1.10.2.    Key Product Offered

14.1.10.3.    Financials (As Per Availability)

14.1.10.4.    Recent Developments

14.1.10.5.    Key Management Personnel

15.  Strategic Recommendations

15.1.            Key Focus Areas

15.1.1.  Target Regions

15.1.2.  Target Product

15.1.3.  Target Technology

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The Global Automotive Pumps Market size reached USD 12.65 Billion in 2022

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Among the product segments of fuel pumps, oil pumps, steering pumps, water pumps, and fuel injection pumps, the fuel pump segment is dominating. Fuel pumps are essential for delivering fuel from the fuel tank to the engine, and with the increasing demand for fuel-efficient vehicles and stringent emission regulations, the demand for fuel pumps is high. They play a crucial role in optimizing engine performance and fuel efficiency.

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The dominant region in the global automotive pumps market is Asia Pacific. The region is witnessing rapid growth in the automotive industry, driven by factors such as increasing population, rising disposable income, and urbanization. Countries like China, Japan, and India are major contributors to the market in this region.

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The major drivers for the global automotive pumps market include increasing vehicle production, technological advancements, and the growing demand for fuel-efficient vehicles. As vehicle production continues to rise worldwide, the demand for automotive pumps increases. Technological advancements in pump technologies, such as electric pumps and variable displacement pumps, contribute to improved efficiency and performance. Additionally, the growing focus on fuel efficiency and emission regulations drives the demand for automotive pumps that optimize fuel consumption and reduce emissions.

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Srishti Verma

Business Consultant
Press Release

Automotive Pumps Market to Grow with a CAGR of 8.24% through 2028

Jan, 2024

The increasing vehicle production, technological advancements, and the growing demand for fuel-efficient vehicles are the factors driving market in the forecast period 2024-2028