Press release
Automotive Pumps Market to expand at a CAGR of 4.6% by 2017 to 2026
As per the latest report published by Fact.MR, the global automotive pumps market is set exhibit a CAGR of 4.6% during the forecast period (2017-2026). Global sales of automotive pumps is expected to remain heavily influenced by the demand for vehicles. Automotive pumps are an indispensable automotive component and is present in most vehicle types, although, increasing popularity of electric vehicles might undermine the prospects of automotive fuel injection pumps the near future. However, manufacturers are stepping up their efforts towards developing automotive pumps that can meet there requirements of next-gen vehicles.
Greater emphasis is being placed on developing advanced automotive technologies that can address the issues of carbon emission and energy consumption. Manufacturers are actively focusing on development of cost-effective and low-friction pumps that allow vehicles to reach higher fuel efficiency without compromising performance. Moreover, growing pressure from international environmental groups coupled with launch of initiatives at global level such as the Paris Agreement is compelling the auto industry to move towards technologies that are sustainable and green. In many parts of world, road transportation systems are being revamped and realigned with policies that are directed towards tackling air pollution and global warming.
You can Get Free Sample Report Here @ https://www.factmr.com/connectus/sample?flag=S&rep_id=376
With stricter emission laws in place, the industry is set to witness a shift towards electric mobility in the forthcoming years. However, internal combust is expected to remain the primary automotive technology at least for the next couple of decades, hence, manufacturers of fuel injection pumps are likely to remain focused on enhancing their product efficacy. Meanwhile, increased level of automation in passenger cars is expected create new growth avenues form market players during the forecast period. In addition, increasing collaboration between technology companies and carmakers is resulting in development of future-ready vehicular systems. Factor as such are expected to influence the global market for automotive during the assessment period.
Additional Highlight from the Report Include:
The automotive pump market in Asia Pacific excluding Japan (APEJ) is expected to remain highly lucrative throughout the projection period. The region’s market is expected to increase at a CAGR of 5.1% during the forecast period.
On the basis of pump type, the fuel supply segment is expected to remain highly profitable in the 2018 and beyond. Currently, the segment accounts for more than 43% revenue share of the global market and is estimated to reach a valuation in excess of US$ 30,700 Mn by 2026.
Based on technology type, the electric segment will retain its leading position over 2026. The segment currently commands for more than two-third revenue share of the market and is projected to exhibit a CAGR of 4.8% during the forecast period.
Based on vehicle type, the LCV segment is will continue to hold it dominant position over the next couple of years. The segment currently represents a market valuation of over US$ 7,800 Mn. Between 2017 and 2026, the segment is projected to increase at a CAGR of 5.6%.
On the basis of sales channel, the OEM segment is expected to surpass a market valuation of US$ 54,900 Mn by 2026, expanding at CAGR of 4% during the assessment period.
Report Analysis@ https://www.factmr.com/report/376/automotive-pumps-market
Competition Tracking
Some of the leading companies operating in the global market for automotive pumps include Aisin Seiki Co. Ltd., Denso Corporation, Johnson Electric, Mikuni Corporation, TRW Automotive, Davies Craig, Delphi Automotive, Robert Bosch Gmbh, KSPG AG-A, Magna International, SHW AG, Continental AG, and Mahle Group.
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Follow us in Linkedin: https://www.linkedin.com/company/factmr/
Greater emphasis is being placed on developing advanced automotive technologies that can address the issues of carbon emission and energy consumption. Manufacturers are actively focusing on development of cost-effective and low-friction pumps that allow vehicles to reach higher fuel efficiency without compromising performance. Moreover, growing pressure from international environmental groups coupled with launch of initiatives at global level such as the Paris Agreement is compelling the auto industry to move towards technologies that are sustainable and green. In many parts of world, road transportation systems are being revamped and realigned with policies that are directed towards tackling air pollution and global warming.
You can Get Free Sample Report Here @ https://www.factmr.com/connectus/sample?flag=S&rep_id=376
With stricter emission laws in place, the industry is set to witness a shift towards electric mobility in the forthcoming years. However, internal combust is expected to remain the primary automotive technology at least for the next couple of decades, hence, manufacturers of fuel injection pumps are likely to remain focused on enhancing their product efficacy. Meanwhile, increased level of automation in passenger cars is expected create new growth avenues form market players during the forecast period. In addition, increasing collaboration between technology companies and carmakers is resulting in development of future-ready vehicular systems. Factor as such are expected to influence the global market for automotive during the assessment period.
Additional Highlight from the Report Include:
The automotive pump market in Asia Pacific excluding Japan (APEJ) is expected to remain highly lucrative throughout the projection period. The region’s market is expected to increase at a CAGR of 5.1% during the forecast period.
On the basis of pump type, the fuel supply segment is expected to remain highly profitable in the 2018 and beyond. Currently, the segment accounts for more than 43% revenue share of the global market and is estimated to reach a valuation in excess of US$ 30,700 Mn by 2026.
Based on technology type, the electric segment will retain its leading position over 2026. The segment currently commands for more than two-third revenue share of the market and is projected to exhibit a CAGR of 4.8% during the forecast period.
Based on vehicle type, the LCV segment is will continue to hold it dominant position over the next couple of years. The segment currently represents a market valuation of over US$ 7,800 Mn. Between 2017 and 2026, the segment is projected to increase at a CAGR of 5.6%.
On the basis of sales channel, the OEM segment is expected to surpass a market valuation of US$ 54,900 Mn by 2026, expanding at CAGR of 4% during the assessment period.
Report Analysis@ https://www.factmr.com/report/376/automotive-pumps-market
Competition Tracking
Some of the leading companies operating in the global market for automotive pumps include Aisin Seiki Co. Ltd., Denso Corporation, Johnson Electric, Mikuni Corporation, TRW Automotive, Davies Craig, Delphi Automotive, Robert Bosch Gmbh, KSPG AG-A, Magna International, SHW AG, Continental AG, and Mahle Group.
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Follow us in Linkedin: https://www.linkedin.com/company/factmr/
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
