Automotive Pumps Market

Aisin Seiki (Japan) and Bosch (Germany) are the Key Players in the Automotive Pump Market

The global automotive pump market is projected to grow at a CAGR of 6.3% during the forecast period, to reach USD 26.5 billion by 2027 from an estimated USD 16.3 billion in 2019. The forecast period is 2019 to 2027. Factors such as increasing focus of automakers to introduce fuel-efficient vehicles and stringent emissions norms would drive the growth of the market.

The major market players include Aisin Seiki (Japan), Delphi (UK), Denso (Japan), Johnson Electric (Hong Kong), Bosch (Germany), KSPG (Germany), Magna (Canada), SHW (Germany), and ZF (Germany). These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to expand their presence in the global market. Partnerships and new product launches have helped the key players innovate their offerings and broaden their customer base.

To know about the assumptions considered for the study download the pdf brochure

Aisin Seiki (Japan) is a leading player in the global automotive pump market. The company offers high-quality pumps for automotive applications and caters to a large customer base including major automakers across the globe. In April 2019, the company showcased high-quality automotive products at Chongqing International Exposition Center (CQEXPO) (Chongqing, China). The demonstrated products include a water pump, piston engine parts, and transmission-related components. Also, the company, in September 2017, introduced a fully variable oil pump with an optimum form that contributes to improved fuel economy. These product developments by the company are expected to boost its revenue and expand its customer base.

In the automotive pump market, Johnson Electric is a major player offering the best possible solutions for fluid flow in vehicular architecture. The company focuses on offering fuel efficient and effective cooling components for vehicles. In March 2019, the company exhibited different types of vehicle pumps at the Shanghai International Automobile Industry Exhibition in China. The different types of pumps include washer pumps for window shield, headlamp, and sensor cleaning. Furthermore, the company, in May 2017, opened a motor production line to serve the appliance industry in Argentina. These developments by the company are likely to help it sustain in the competitive automotive pump market.

Bosch (Germany), the world’s largest automobile parts and components manufacturer, is another key player in the market. The company offers advanced technologies in almost all applications of the vehicle. It offers a strong product portfolio comprising electric and mechanical pumps for vehicles. The company plans to enhance its product offering for automakers. In March 2017, the company expanded its product range and added 5 new fuel pumps with improved performance. These developments by the company in pump technology are likely to fuel the growth of the market.

Related Reports:

Automotive Pump Market by Type (Fuel Pump, Water Pump, Vacuum Pump, Fuel Injection Pump, Steering Pump, & Headlight Washer Pump), Technology, Displacement, Vehicle Type (PC, LCV, HCV), EV (BEV, HEV, PHEV, FCEV), Region - Global Forecast to 2027

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
AT 2971
RI Published ON
6/28/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Automotive Pumps Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved