Automotive Pump Market size was valued at USD 14.962 billion in 2023 and is expected to reach at USD 20.319 billion by 2031 and grow at a CAGR of 3.9% over the forecast period of 2024-2031.
Due to the rise in the production of the automotive industry there is an increase in demand for the automotive pumps all around the globe. Automotive pumps are used in almost every automotive system, starting from radiators to steering wheels. There are basically three types of automotive pumps i.e., positive displacement pumps, centrifugal pumps and axial flow pumps, every automotive pump has its own functionality and uses. Automotive pumps are an internal component of a vehicle, the basic functionality of the automotive pump is to transfer the fluids to the vehicle.
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Covid 19 had a negative impact on every industry, automotive industry also had to face several issues which included supply chain disruptions all around the globe due to the lockdown rule imposed by the government. The production was stopped which resulted in decline of sales, thought the post covid situation will have a positive impact on the automotive industry due to the production and the resume of supply chain management. This report will give an exact overview about how did the covid 19 affected the automotive pump market.
Market Dynamics
Drivers
Restrain
Opportunities
Challenges
Impact of Russia Ukraine War
The impact of Russia Ukraine war has a negative impact on the automotive industry the major factors which contribute in these was the disruptions of value chain and the supply chain and also the discontinuation of the trade between the OEMs and Russia.
Impact of ongoing recession
According to the statement given by the Jamie butter the executive editor of automotive news, the automotive industry will not face any adversity because of the automotive industry runs on its own supply and demand cycle and is ahead of the general economy, this big statement clarifies the results of automotive industry due to the recession.
By Type
Fuel Pump
Fuel Injection Pump
Water Pump
Windshield Pump
Steering Pump
Vacuum Pump
Headlight washer pump
By Electric vehicles type
BEV
FCEV
HEV
PHEV
By Vehicle type
Passenger Car
Light commercial vehicles
Heavy commercia vehicles
By Sales channel
OEM
Aftermarket
APAC is said to be the region which will Dominate the automotive pump market due to the increase in the demand for the automobiles sector due to the increase in the purchasing power of the customers, also the growing nations of the apace region mainly India and China are the major factors which contribute toward the growth of the automotive pump market. According to the records there has been increase in the sales of commercial vehicles and personal vehicles in this region which contributes to the demand for high production and also boost the automotive pump market.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players are Denoising Corporation, Continental Ag, Robert Bosch GmBH, Johnson Electric, Magna International, Rheinmetall AG, SHW AG, ZF Group. & More.
3.9 % CAGR growth rate is been recorded for the Automotive market.
The impact of Russia Ukraine war has a negative impact.
The increase in demand for the rapid response pumps.
Automotive Pump Market size was valued at USD 14.4 billion in 2022.
Increase in the cost factor of the production and also increase in the maintenance cost.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Automotive Pump Market Segmentation, by Type
8.1 Fuel Pump
8.2 Fuel Injection Pump
8.3 Water Pump
8.4 Windshield Pump
8.5 Steering Pump
8.6 Vacuum Pump
8.7 Headlight washer pump
9. Automotive Pump Market Segmentation, by Electric Vehicle type
9.1 BEV
9.2 FCEV
9.3 HEV
9.4 PHEV
10 Automotive Pump Market Segmentation, by Vehicle
10.1 Passenger Car
10.2 Light commercial vehicles
10.3 Heavy commercia vehicles
11. Automotive Pump Market Segmentation, by Sales Channel
11.1 OEM
11.2 Aftermarket
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.1.1 USA Automotive Pump Market by Type
12.2.1.2 USA Automotive Pump Market by Electric vehicle type
12.2.1.3 USA Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.2.2 Canada
12.2.2.1 Canada Automotive Pump Market by Type
12.2.2.2 Canada Automotive Pump Market by Electric vehicle type
12.2.2.3 Canada Automotive Pump Market by Vehicle type
12.2.1.3 Canada Automotive Pump Market by Sales Channel
12.2.3 Mexico
12.2.3.1 Mexico Automotive Pump Market by Type
12.2.3.2 Mexico Automotive Pump Market by Electric vehicle type
12.2.3.3 Mexico Automotive Pump Market by Vehicle type
12.2.1.3 Mexico Automotive Pump Market by Sales Channel
12.3 Europe
12.3.1 Germany
12.3.1.1 Germany Automotive Pump Market by Type
12.3.1.2 Germany Automotive Pump Market by Electric vehicle type
12.3.1.2 Germany Automotive Pump Market by Vehicle type
12.2.1.3 Germany Automotive Pump Market by Sales Channel
12.3.2 UK
12.3.2.1 UK Automotive Pump Market by Type
12.3.2.2 UK Automotive Pump Market by Electric vehicle type
12.3.2.3 UK Automotive Pump Market by Vehicle type
12.2.1.3 UK Automotive Pump Market by Sales Channel
12.3.3 France
12.3.3.1 France Automotive Pump Market by Type
12.3.3.2 France Automotive Pump Market by Electric vehicle type
12.3.3.3 France Automotive Pump Market by Vehicle type
12.3.3.3 France Automotive Pump Market by Sales Channel
12.3.4 Italy
12.3.4.1 Italy Automotive Pump Market by Type
12.3.4.2 Italy Automotive Pump Market by Electric vehicle type
12.3.4.3 Italy Automotive Pump Market by Vehicle type
12.2.1.3 Italy Automotive Pump Market Sales Channel
12.3.5 Spain
12.3.5.1 Spain Automotive Pump Market by Type
12.3.5.2 Spain Automotive Pump Market by Electric vehicle type
12.3.5.3 Spain Automotive Pump Market by Vehicle type
12.2.1.3 Spain Automotive Pump Market by Sales Channel
12.3.6 The Netherlands
12.3.6.1 Netherlands Automotive Pump Market by Type
12.3.6.2 Netherlands Automotive Pump Market by Electric vehicle type
12.3.6.3 Netherlands Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market Sales Channel
12.3.7 Rest of Europe
12.3.7.1 Rest of Europe Automotive Pump Market by Type
12.3.7.2 Rest of Europe Automotive Pump Market by Electric vehicle type
12.3.7.3 Rest of Europe Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.4 Asia-Pacific
12.4.1 Japan
12.4.1.1 Japan Automotive Pump Market by Type
12.4.1.2 Japan Automotive Pump Market by Electric vehicle type
12.4.1.3 Japan Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.4.2 South Korea
12.4.2.1 South Korea Automotive Pump Market by Type
12.4.2.2 South Korea Automotive Pump Market by Electric vehicle type
12.4.2.3 South Korea Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.4.3 China
12.4.3.1 China Automotive Pump Market by Type
12.4.3.2 China Automotive Pump Market by Electric vehicle type
12.4.3.3 China Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.4.4 India
12.4.4.1 India Automotive Pump Market by Type
12.4.4.2 India Automotive Pump Market by Electric vehicle type
12.5.4.3 India Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.4.5 Australia
12.4.5.1 Australia Automotive Pump Market by Type
12.4.5.2 Australia Automotive Pump Market by Electric vehicle type
12.4.5.3 Australia Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.4.6 Rest of Asia-Pacific
12.4.6.1 APAC Automotive Pump Market by Type
12.4.6.2 APAC Automotive Pump Market by Electric vehicle type
12.4.6.3 APAC Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.5 The Middle East & Africa
12.5.1 Israel
12.5.1.1 Israel Automotive Pump Market by Type
12.5.1.2 Israel Automotive Pump Market by Electric vehicle type
12.5.1.3 Israel Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.5.2 UAE
12.5.2.1 UAE Automotive Pump Market by Type
12.5.2.2 UAE Automotive Pump Market by Electric vehicle type
12.5.2.3 UAE Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.5.3 South Africa
12.5.3.1 South Africa Automotive Pump Market by Type
12.5.3.2 South Africa Automotive Pump Market by Electric vehicle type
12.5.3.3 South Africa Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.5.4 Rest of Middle East & Africa
12.5.4.1 Rest of Middle East & Asia Automotive Pump Market by Type
12.5.4.2 Rest of Middle East & Asia Automotive Pump Market by Electric vehicle type
12.5.4.3 Rest of Middle East & Asia Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.6 Latin America
11.6.1 Brazil
12.6.1.1 Brazil Automotive Pump Market by Type
12.6.1.2 Brazil Africa Automotive Pump Market by Electric vehicle type
12.6.1.3 Brazil Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
11.6.2 Argentina
12.6.2.1 Argentina Automotive Pump Market by Type
12.6.2.2 Argentina Automotive Pump Market by Electric vehicle type
12.6.2.3 Argentina Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
12.6.3 Rest of Latin America
12.6.3.1 Rest of Latin America Automotive Pump Market by Type
12.6.3.2 Rest of Latin America Automotive Pump Market by Electric vehicle type
12.6.3.3 Rest of Latin America Automotive Pump Market by Vehicle type
12.2.1.3 USA Automotive Pump Market by Sales Channel
13. Company Profile
13.1 Denso
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Aisin Corporation
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Continental Ag
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Robert Bosch GmBH
13.4.1 Market Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5, , Johnson Electric
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Magna International,
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Rheinmetall AG
13.7.1 Market Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 SHW AG
13.8.1 Market Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 ZF Group
13.9.1 Market Overview
13.9.2 Financials
13.9.3 Product/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
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