Automotive pumps, improving the efficiency are the essential part of a vehicle. Automotive pumps when invented were used as a component to transfers fluid, now are used to improve fuel efficiency and performance of vehicles. Growing demand of environmental friendly solutions influence manufacturers to develop better pumps. It is used in various system of a vehicle such as, lubrication system, steering system, coolant system, transmission system and fuel system.
Global automotive pump installation will reach 694,207 thousand units in 2016, witnessing a y-o-y increase of 1.98% over 2015, generating over US$ 45 billion in revenues. Market leaders Robert Bosch GmbH, Aisin Seiki Co., Ltd, and Magna International will continue to consolidate their position, collectively accounting for over 17% revenue share in 2016. The average price of automotive pumps will increase in 2016, owing to rising raw material costs.
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 ... Read more
A recently released report by XploreMR on automotive pumps marketprovides detailed and exhaustive insights into the automotive pumps market. It includes a thorough analysis of all the factors influencing the overall performance of automotive pumps market. Qualitative as well as quantitative analysis of the identified key factors are detailed in the report. In addition, the report on automotive ... Read more
Global Automotive Pumps market - A report by Fact.MR
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Automotive Pumps market. The Automotive Pumps report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment alongwith its sub-segment is analyzed in terms of value and volume. ... Read more
The report covers a forecast and an analysis of the automotive pumps market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Billion). The study includes drivers and restraints of the automotive pumps market along with their impact on the demand over the forecast period. ... Read more
