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Automotive Pumps Market Share

  • Report ID: GMI6001
  • Published Date: Jun 2023
  • Report Format: PDF

Automotive Pumps Market Share

Some of the major business players operating in the automotive pumps market are:

  • Robert Bosch GmbH
  • Denso Corporation
  • Continental AG
  • Delphi Technologies
  • Johnson Electric Holdings Limited,
  • Valeo SA
     

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of automotive pumps reached USD 14.48 billion in 2022 and is expected grow at 4.7% CAGR during 2023 to 2032, owing to a commendable rise in vehicle production worldwide.

The steering pumps industry was worth USD 3.6 billion in 2022 and is anticipated to expand at a decent growth rate till 2032 due to the rapid integration of power steering systems across the automotive space and an increased emphasis on ensuring driver convenience.

The passenger cars segment held around 65.06% of the automotive pumps industry share in 2022, attributed to the escalating use of cutting-edge systems and features in automobiles requiring efficient pumping solutions.

U.S. automotive pumps sector garnered over USD 3.07 billion in revenues in 2021, credited to the flourishing automotive sector backed by the commendable rise in vehicle production.

Robert Bosch GmbH, Denso Corporation, Continental AG, Delphi Technologies, Johnson Electric Holdings Limited, Valeo SA among others.

Automotive Pumps Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 295
  • Countries covered: 18
  • Pages: 228
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