City of Industry, CA -- (SBWIRE) -- 04/11/2019 -- Electric oil pump is an oil pump driven by the electric motor and is used to maintain oil pressure and lubricate the automatic-transmission/continuously-variable-transmission during engine stop of such as stop-start vehicles.
Automotive pump is a crucial component found in all types of vehicles, but advances in automotive technology has continued to influence its design and application prospects. As global sales of vehicles continue to grow, it also ushers the demand for various automotive components and parts including automotive pumps. The industry remains focused on developing more efficient automotive technologies to reduce fuel consumption as well as to abide with international emissions-control laws. Government and policymakers across the globe increase their efforts to put cleaner transport system on road. Stricter emission laws have been imposed on the auto sector in several countries. As such, automakers are bound to increase their efforts towards electric mobility. The aforementioned factors are playing an important role in driving innovation in automotive pumps.
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The Electric Oil Pumps' production is mainly concentrated in the Europe and North America; the developing countries' consumption mainly depends on import market. The largest consumption regions are Europe and China, the Europe occupies about 28.63% market share and the China occupies about 30.36% market share in 2017 due to their largest new energy vehicle numbers.
The global Electric Oil Pump market was 300 million US$ in 2018 and is expected to 1070 million US$ by the end of 2025, growing at a CAGR of 20.0% between 2019 and 2025.
This report studies the Electric Oil Pump market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Nidec Corporation
SHW Group
FTE automotive
AISIN SEIKI
Rheinmetall Automotive AG
Hitachi Automotive Systems
Magna
LG Innotek
ZF-TRW
Slpt
Mitsubishi Electric Corporation
EMP
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electric Oil Pump in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
By the product type, the market is primarily split into
Separate Pump
Integrated Pump
By the end users/application, this report covers the following segments
Start-Stop System
Electric and Hybrid Vehicle
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