Pumps Market 2018 Automotive Industry Share, Size, Growth Factors, Trends, Regional Analysis, And Competitive Landscape Forecast To 2023

Global Automotive Pumps Market is segmented By product (Fuel Pump, Oil Pump, Steering Pump, Water Pump, Fuel Injection Pump and other),By Technology (Mechanical, electrical) By Vehicle type (Passenger car, LCV, HUV, two wheeler ).

Automotive Pumps Key Company Analyzed For This Research Report Are:

Aisin Seiki Co. Ltd., Delphi Automotive, Denso Corporation, Robert Bosch Gmbh, Johnson Electric, KSPG AG-A- Rheinmetall, Mikuni Corporation, Magna International, TRW Automotive and SHW AG.

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The automotive pumps market is very fragmented in nature. Therefore, the key players are focusing on business expansion in emerging markets through mergers and acquisitions. Establishment of new manufacturing facilities and reinforcement of existing ones is a major strategy adopted by the leading players in the market. The well-established vendors that are currently growing their customer base and increasing their investments in R&D. Due to the advancement in technology and stringent government regulations, the competitive environment in the market will further intensify.

Booming automotive industry leads to increase in demand for automotive pumps market. The increase in vehicle production along with emission norms, as well as adoption of new technologies are some of the factors which drives the market. New technologies such as automatic transmission and gasoline turbocharged direct injection are mostly used to improve the performance of vehicle. Moreover, trend shifted towards electrification as well as more emphasis on fuel efficiency spur the growth of automotive pump market. However, the growth of the automotive pumps market is expected to be restrained by the stringent norms by government agencies for use of traditional internal combustion engines which generate high toxic emissions. The rise in demand for electric vehicles will consequently affect the automotive pump market.

Regional Analysis:

Asia pacific is referred as fastest and largest growing market for automotive Pumps. Countries such as china and India showing growth due to attributing features such as light weight vehicles as well as enhanced fuel efficiency. Increased production capacity in terms of volume and new facilities with innovative technological advancements are driving the market of automotive pumps in the APAC region. Whereas, Western Europe ranked second for the automotive pumps. Moreover, innovation in ICT segment is referred as a key competence for the growth in this region. Already existing major market players are heavily investing in research and development which is expected to further fuel the demand for automotive pumps market in this region.

Automotive Pumps Market Competitive Analysis:

The automotive pumps market is very fragmented in nature. Therefore, the key players are focusing on business expansion in emerging markets through mergers and acquisitions. Establishment of new manufacturing facilities and reinforcement of existing ones is a major strategy adopted by the leading players in the market. The well-established vendors that are currently growing their customer base and increasing their investments in R&D. Due to the advancement in technology and stringent government regulations, the competitive environment in the market will further intensify.

The highly competitive market of the Automotive Pumps is dependent on automobile sales and is driven by the increase in automotive production.  The market is fragmented owing to the presence of several large and small key players accounting for a substantial market share. Well established players incorporate acquisition, collaboration, partnership, expansion, product & technology launch to gain the competitive edge and to maintain market position. Competitive by nature, this market is envisaged to intensify with more entrants get attracted to the mass market.

Market Segmentation:

• Segmentation by product - Fuel Pump, Oil Pump, Steering Pump, Water Pump, Fuel Injection Pump and other
• Segmentation by Technology - Mechanical, electrical
• Segmentation by Vehicle type - Passenger car, LCV, HUV, two wheeler
• Segmentation by Regions: North America, Europe, APAC and Rest of the World.

The report for Global Automotive Pumps Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Major Table Of Content:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Continued …

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