Automotive Electrical Pump Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type (Fuel Pump, Steering Pump, Water Pump, Vacuum Pump, Others), By Vehicle Type (Passenger Car, LCV, M&HCV), By Demand Category (OEM vs Replacement), and By Region
Published Date: May - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAutomotive Electrical Pump Market size
Download Sample Ask for Discount Request Customization
The Aircraft Yoke Market is a critical segment within the aviation industry, driven by increasing air traffic, technological advancements, and the demand for precise flight control systems. Below is a detailed analysis of its market size, growth drivers, and key trends based on the provided search results
Market Size and Growth
-
2023 ValuationThe global aircraft yoke market was valued at USD 30.14 billion in 2023.
-
2030 ForecastIt is projected to reach USD 50.67 billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 7.3% during the forecast period (2023–2030).
Increasing vehicle production across the globe and the adoption of advanced technologies for Automotive Electrical Pumps is the key driving the demand for the global Automotive Electrical Pump market for the forecast period.
An Automotive Electrical Pump is a device used to pump fuel or gasoline from the gas tanks to the injectors in the engine. An Automotive Electrical Pump performs several functions to ensure the enhanced performance of an automobile. Transfer or compression of fluids by the mechanical action and controls the circulation of fluid in a system. The rising demand for environment-friendly vehicles has fueled the manufacturers to manufacture fuel-efficient Electrical Pumps. The Electrical Pump can be utilized in different vehicle systems such as transmission, lubrication, steering, coolant, and the surge in vehicle production across the globe contributes to the high global Automotive Electrical Pump market demand. Compared to traditional pumps, the Automotive Electrical Pump offers lower noise generation, higher service life and fuel efficiency, and enhanced interference suppression.
Flourishing Automotive Industry Spurs the Market Growth
The rise in the disposable income of middle-class families and the supportive government policies promoting domestic automobile manufacturing is boosting the demand for the global Automotive Electrical Pump across the globe. Increasing demand for passenger vehicles and commercial vehicles around the globe and the developing trade relations between the countries requiring an efficient supply chain is expected to fuel the demand for the global Automotive Electrical Pump market growth.
Trend of Engine Downsizing Drives the Market Growth
Growing demand for the manufacturing of high-performance and fuel-efficient vehicles boosts the manufacturing of compact automobile components to reduce automobile weight. The use of advanced technologies by the manufacturers such as direct-injection technology, superchargers, turbochargers to manufacture small size engines is expected to create lucrative opportunities for the global Automotive Electrical Pump market growth. Rising pollution levels and the growing awareness about the harmful impact of carbon emissions on the environment accelerate the demand for fuel-efficient vehicles. The original equipment manufacturers continuously focus on producing small engines to meet the emission standards set up by the leading authorities across the globe.
Rising Demand for Sports for Luxury Cars Augment Market Growth
An increase in the expenditure capacity of the consumers and the shift in consumer preference from sedans to SUVs are boosting the demand for sports and luxury cars across the globe. Luxury cars are equipped with advanced features to provide enhanced safety and comfort to the passengers. The market players are launching the electric variant of luxury cars to curb pollution levels and satisfy the needs of aware consumers. With the growing high demand for electric luxury cars, the demand for the global Automotive Electrical Pump market is expected to witness growth.
Market Segmentation
Download Sample Ask for Discount Request Customization
The global Automotive Electrical Pump market is segmented on the basis of type, vehicle type, demand category, regional distribution, and competition landscape. Based on the type, the market is divided into fuel pump, steering pump, water pump, vacuum pump, and others. Based on the vehicle type, the market is divided into passenger car, LCV and M&HCV. Based on the demand category, the market is bifurcated into OEM and replacement. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.
Market Players
Johnson Electric Holdings Limited
|
Attribute |
Details |
|
Base Year |
2020 |
|
Historic Data |
2016 – 2019 |
|
Estimated Year |
2021 |
|
Forecast Period |
2022 – 2026 |
|
Quantitative Units |
Revenue in USD Million, Volume in Units, and CAGR for 2016-2020 and 2021-2026 |
|
Report coverage |
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
|
Segments covered |
· Type · Vehicle Type · Demand Category |
|
Regional scope |
North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
|
Country scope |
United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; Egypt |
|
Key companies profiled |
Johnson Electric Holdings Limited, Schaeffler Group, Denso Corporation, Delphi Automotive PLC, Robert Bosch GmbH |
|
Customization scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Related Reports
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy