Electric Oil Pump Market

The global Electric Oil Pump market was valued at 2.82 Million USD in 2021 and will grow with a CAGR of 21.38% from 2021 to 2027, based on newly published report.

The prime objective of Electric Oil Pump Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Electric Oil Pump Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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. 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.

By Market Verdors:

Nidec?Corporation

SHW Group

FTE automotive

AISIN SEIKI

Rheinmetall?Automotive?AG

Hitachi?Automotive?Systems

Magna

LG?Innotek

ZF-TRW

Slpt

Mitsubishi?Electric?Corporation

EMP

By Types:

Separate Pump

Integrated Pump

By Applications:

Start-Stop System

Electric and Hybrid Vehicle

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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