Automotive Pumps Market

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AUTOMOTIVE PUMPS MARKET ANALYSIS

• Automotive Pumps Market, by Pump Type (Fuel
  Supply Pump, Fuel Injection Pump, Transmission
  Oil Pump, Engine Oil Pump, Steering Pump, Coolant
  Pump, Windshield Washer Pump and Vacuum Pump), by
  Sales Channel (OEM and Aftermarket), by
  Technology (Electric and Mechanical), by Vehicle
  Type (Passenger Cars, Light Commercial Vehicles
  and Heavy Commercial Vehicles)  and by Region
  (North America, Latin America, Europe, Asia
  Pacific, Middle East and Africa) - Size, Share,
  Outlook, and Opportunity Analysis, 2019 - 2027

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• Market Overview
• The global Automotive Pumps Market was
  accounted for US 51,885.07 Mn in terms of value
  and 738,923 units in terms of volume in 2019 and
  is expected to grow at CAGR of 3.8 for the
  period 2019-2027.
• Market Dynamics Drivers
• Wider scope of use for pumps with development in
  technology is expected to drive growth of the
  global automotive pumps market during the
  forecast period
• Growing automotive production worldwide is
  expected to propel the global automotive pumps
  market growth over the forecast period

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Figure 1. Automotive Pumps Market
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• Market Dynamics Restraints
• Low replacement rate and aftermarket potential
  are expected to hinder the global automotive
  pumps market growth during the forecast period
• Availability of better substitutes in terms of
  electric motors for pumps are expected to hamper
  the global automotive pumps market growth over
  the forecast period

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• Market Opportunities
• Providing custom-made pumps can present lucrative
  growth opportunities
• Enhancing product line to offer a complete
  solution can provide major business opportunities

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Figure 2. Automotive Pumps Market Opportunity
Analysis
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• Market Trends
• Growing product launches, in order, expand the
  product portfolio
• Introduction of high quality automotive pumps to
  enhance vehicle efficiency
• Segment information
• In global Automotive Pumps Market, by technology,
  Electric sub-segment dominated the global market
  in 2019, accounting for 76.2 share in terms of
  value, followed by Mechanical.

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• Figure 3. Market Share

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Competitive Section

• Key players operating in the global automotive
  pumps market are 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., DENSO Corporation,
  Robert Bosch GmbH, HELLA KGaA Hueck Co.,
  Magneti Marelli S.p.A, Hitachi Automotive
  Systems, Ltd., Magna International Inc., Johnson
  Electric Holdings Limited, and KSPG AG.

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