Automotive pumps are of paramount importance in the functioning of vehicles. Effective pumps integrated in the working mechanism of an automobile can facilitate in boosting the operational efficiency. Fuel efficient cars are equipped with advanced automotive pumps, which can offer greater pressure-based injection at low power consumption. This report analyzes the future prospects of global automotive pumps market, dissecting the market’s growth across multiple parameters and regions, providing a profound forecast on the market for the assessment period, 2017-2022.
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Fact.MR’s recently published report on the global market for automotive pumps projects that in 2017, over US$ 48 Bn worth of automotive pumps will be sold across the globe. However, the report also underlines that automobile manufacturers will prompt OEMs to develop single automotive pumps that can perform diverse automotive pumping functions. An innovation as such will be advantageous for the performance of vehicles, but the emergence of all-purpose automotive pump will impede the market’s overall growth, eliminating the need for function-specific pumps. By the end of 2022, the global market for automotive pumps is projected to reach US$ 60 Bn, albeit, at a sluggish pace, exhibiting a moderate CAGR.
Demand for Fuel Injection Pumps to Ascent
With more than two-fifth share, fuel supply pumps are anticipated to remain in great demand, pertaining to their importance in improving the performance of automobile engine. By the end of 2022, more than US$ 25 Bn revenues will be amassed from global sales of fuel supply pumps. Growing preference to engines developed on advanced technologies is stimulating the demand for automotive pumps such as fuel injection pumps. In 2017, the global market for automotive pumps is likely to procure revenues worth nearly US$ 10 Bn from sales of fuel injection pumps.
Electrical Pumping Technology draws Highest Revenue Share
According to the report’s present projections, only one-fourth of global automotive pump market value will be accounted by mechanical pumping technology, indicating an outright preference to electrical pumping technology. With a majority of vehicles manufactured on advanced electrical engineering, adoption of electrical automotive pumps becomes inferable. Throughout the forecast period, more than three-fourth of the value of global automotive pumps market will be procured by sales of automotive pumps developed on electrical pumping technology. This segment is anticipated to showcase a healthy revenue growth at steady CAGR.
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Table of Contents:
Chapter 1. Global Automotive Pump Market - Executive Summary. 27
Chapter 2. Global Automotive Pump Market Overview. 29
2.1. Introduction. 29
2.1.1. Global Automotive Pump Market Taxonomy. 29
2.1.2. Global Automotive Pump Market Definition. 29
2.2. Global Automotive Pump Market Size (US$ Mn) and Forecast, 2012-2022. 29
2.2.1. Global Automotive Pump Market Y-o-Y Growth. 29
2.3. Global Automotive Pump Market Dynamics. 30
2.3.1. Drivers. 30
2.3.1.1. Shift Toward Green Technology. 30
2.3.1.2. Innovations in Technology. 30
2.3.1.3. The Influence of China. 31
2.3.2. Trends. 31
2.3.2.1. Adoption of New Mobility Solutions. 31
2.3.2.2. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 31
2.3.2.3. Rising Complexity Influencing Greater Emphasis on Platforming. 31
2.4. Supply Chain. 32
2.5. Cost Structure. 33
2.6. Pricing Analysis. 33
2.7. Raw Material Sourcing Strategy and Analysis. 33
2.8. List of Distributors. 33
2.9. Key Participants Market Presence (Intensity Map) By Region. 34
Chapter 3. Global Automotive Pump Market Analysis and Forecast By Pump Type. 35
3.1. Global Automotive Pump Market Size and Forecast By Pump Type, 2012-2022. 35
3.1.1. Fuel Supply Pump Automotive Pump Market Size and Forecast, 2012-2022. 35
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 35
3.1.1.2. Market Share Comparison, By Region. 36
3.1.1.3. Y-o-Y growth Comparison, By Region. 37
3.1.2. Fuel Injection Pump Automotive Pump Market Size and Forecast, 2012-2022. 37
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 37
3.1.2.2. Market Share Comparison, By Region. 39
3.1.2.3. Y-o-Y growth Comparison, By Region. 40
Continued……
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