Automotive pumps market is estimated to grow with a CAGR of 5.87% from 2016 to 2021 to reach a market size of USD 57.5 billion by 2021
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Top Companies Analyzed for Automotive Pumps Market are –
- Aisin Seiki Co.Ltd (Japan)
- Delphi Automotive LLP (U.K.)
- Denso Corporation(Japan)
- Johnson Electric (Hong Kong)
- Robert Bosch GmbH(Germany)
- KSPG AG-A RHEINMETALL(Germany)
- Magna International(Canada)
- Mikuni Corporation(Japan)
- SHW AG(Germany)
- TRW Automotive (Germany)
Inquire For Complete Report Copy of Automotive Pumps Market by Pump Type (Fuel, Oil, Water, Steering, Transmission, Wind Shield Washer, Vacuum Pump and Fuel Injection Pump), Vehicle Type (Passenger Car, LCV and HCV), Technology, Type of Displacement, and by Region - Global Forecast to 2021 www.rnrmarketresearch.com/contacts…ying?rname=249523
Increasingly stringent emission norms governing fuel efficiency and increasing vehicle production are the major factors helping the automotive pumps market to grow.
In the current scenario, Asia Pacific is the largest market globally for automotive pumps followed by North America. Increasing demand for fuel efficient vehicles, combined with stringent emission norms and increased focus of OEMs on expanding their market in this region are the factors contributing towards growth of the automotive pumps market in the Asia-Pacific.
Passenger car pumps are the fastest growing segment of the vehicle type segment.
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This growth can be attributed to the rising demand for passenger cars in developing countries and rise in the income levels in the developing nations.
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- Automotive OEMs
- Automotive Pumps Suppliers
- Automotive Pumps Associations
- Automotive Pumps Distributors
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This report contains various levels of analysis, including industry analysis, industry trends, and company profiles, which together comprise and discuss the basic views on the emerging and high-growth segments of the automotive pumps market, competitive landscape, high-growth regions and countries, government initiatives, and market dynamics such as drivers, restraints, opportunities, and challenges.
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