Automotive Pump Market worth $17.7 billion by 2025
                     MarketsandMarkets 
Presents
Automotive Pump Market worth 
$17.7 billion by 2025
https://www.marketsandmarkets.com/Market-Reports/automotive-pu
mps-market-242990293.html
 
The report "Automotive Pump Market by Type (Fuel Pump, Water 
Pump, Vacuum Pump, Fuel Injection Pump, Steering Pump, & 
Headlight Washer Pump), Technology, Displacement, Vehicle 
Application, Electric Vehicle & Region", is projected to grow at a CAGR of 
6.9% from USD 12.7 billion in 2020 to USD 17.7 billion by 2025. 
The major factors driving the growth of the market are fluctuating fuel prices 
that have increased the demand for fuel-efficient vehicles and increasing 
pressure on automakers to comply with the emission norms. In addition, the 
consistent growth in the demand for passenger cars is likely to trigger the 
growth of the automotive pump market during the forecast period. Also, 
heavy investments in R&D activities by vehicle manufacturers to develop 
efficient fluid technology for automotive are expected to push the growth of 
the market. Infrastructural development in emerging countries is expected to 
drive the growth of commercial vehicles, which in turn would boost the 
demand for automotive pumps.
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Browse 196 market data Tables and 65 Figures spread through 231 
Pages and in-depth TOC on "Automotive Pump Market”
By Technology: Electric segment is the fastest growing segment of 
the automotive pump market during the forecast period
Electric pumps, which work with the help of electric motors, are gradually 
replacing mechanical pumps. The use of electric pumps is increasing due to 
their many advantages over mechanical pumps. Electric fuel pump provides 
more fuel efficiency as compared to mechanical fuel pump. However, the 
installation of electric pump requires sophisticated electrical circuit, which 
increases the cost. Major global automakers are now using electric pumps in 
vehicular architecture.
By Vehicle Type: HCV is expected to be the fastest growing segment 
in the automotive pump market
The heavy commercial vehicle segment comprises buses and trucks. 
Emerging countries such as China, Brazil, Iran, and India among others have 
witnessed rapid development of infrastructure in the recent past. This has 
inflated the demand for commercial vehicles for heavy duty applications. 
Also, economic growth in these countries has enhanced ease of doing 
business and paved the way for many start-ups. The growth of the transport 
industry has boosted the HCV market. These factors have fueled the growth 
of the HCV market. But the spread of COVID-19 has also declined the sales of 
sales of light, medium, and heavy trucks in 2020. 
In Europe, during the third month of 2020, demand for new heavy trucks 
declined significantly by 38.0%. Heavy truck sales fell in all major EU 
markets, with France by 27.7% and Germany by 25.9% posting the strongest 
drops. This brought total registrations down to 54,168 heavy trucks so far in 
2020, or 26.9% less than last year. Although, the situation is expected to 
recover in the coming years as the manufacturing plants are reopened in 
China, Japan, and other countries.
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2990293
 
Rest of the World (RoW): Brazil is expected to be the fastest growing 
country in the Rest of the World region by 2025
The RoW region is estimated to be the fastest growing market during the 
forecast period. The region comprises some of the fastest developing 
economies of the world such as Brazil, Iran, and South Africa. The increased 
spending power in Brazil and South Africa has increased the demand for 
passenger cars. Growing concerns about ecological imbalance because of 
excessive emissions by automobiles have compelled automakers to comply 
with the emission mandates. These factors are responsible for the growth of 
the automotive pump market in the RoW region. Though decline in sales of 
light, medium, and heavy trucks in 2020 by 2.7% YoY in Brazil as noticed in 
Q1 due to the outspread of COVID-19. The market is expected to get 
hampered by the impact of coronavirus till the end of 2020. 
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) among others.
Recent Developments:
• In September 2018, Aisin Seiki showcased aftermarket products such as 
water pumps and piston engine parts, transmission-related parts such as 
clutch discs, and brake-related parts such as brake pads. These products 
were exhibited at Chongqing International Auto Parts and Service 
Exhibition, Chongqing International Exposition Center (CQEXPO) 
(Chongqing, China).
• In May 2017, Delphi Product & Service Solutions (DPSS) launched a new 
fuel tank cleaning kit as part of a technician education campaign to ensure 
the longevity of fuel pumps. Independent research has proven that most 
replacement pumps that fail often do so because of contamination in the 
fuel tank. Taking this fact into consideration, the company has introduced 
this cleaning kit.
• In March 2019, the company exhibited different types of vehicle pumps at 
the Shanghai International Automobile Industry Exhibition in China. The 
showcased pumps included washer pumps for window shield, headlamp, 
and sensor cleaning.
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