Dublin, November 18, 2021 (Global News Agency)-"Automotive Pump Market-Global Forecast to 2026" report has been added to ResearchAndMarkets.com's products.
The global automotive pump market is expected to grow from US$14.2 billion in 2021 to US$17.5 billion in 2026, with a compound annual growth rate of 4.2%.
The world's major automakers are focusing on launching energy-efficient vehicles to meet the increasing demands of consumers. In addition, in order to curb the increasingly serious pollution, some countries have implemented strict emission standards for passenger cars and commercial vehicles.
These factors are expected to drive market growth. However, the growth of battery-powered vehicles is considered to be the main constraining factor for the growth of the automotive pump market. Although the outbreak of the COVID-19 pandemic around the world has disrupted the economic and financial structure of the entire world.
The auto industry declined due to the economic collapse of the United States, China, Britain, Germany, France, Italy, Japan, and many other countries due to the suspension of auto parts and assembly production. However, in the first half of 2021, due to sales growth, global automakers have increased their production levels.
"In the forecast period, HEV is the largest electric vehicle segment in the automotive pump market."
HEV includes internal combustion engine and battery. Therefore, the HEV architecture is most suitable for installing pumps for regulating fluid flow. Applications such as cooling, lubrication, and fuel injection require pumps to operate effectively.
Therefore, the growing demand for vehicles in the HEV segment is expected to drive up the demand for automotive pumps and contribute to the growth of the global market. In addition, due to strict emission regulations and standards and the growing demand for low-emission or zero-emission vehicles, the demand for hybrid vehicles is on the rise. In addition, governments of various countries provide purchase subsidies and tax rebates for hybrid vehicles.
For example, in June 2021, the Indian government announced its decision to extend the second phase of the "Fast Adoption and Manufacturing of Hybrid and Electric Vehicles" (FAME) program by two years to March 31, 2024. The program was launched in 2019 to promote sales of hybrid and electric vehicles that should have ended in 2022.
Governments around the world are planning to launch an electric vehicle promotion plan. The electric vehicle market will grow. With the sales of new electric vehicles, the automotive pump market will grow accordingly.
"The passenger car segment is expected to dominate the automotive pump market."
The increase in consumer disposable income has promoted the demand for passenger cars, which in turn drove the growth of the automotive pump market. The passenger car segment is expected to occupy the largest share in the automotive pump market.
The automotive pump market in passenger cars is expected to grow at a significant rate, especially in emerging economies in the Asia-Pacific region. In addition, consumer demand for electric vehicles continues to increase, as well as a number of transportation policy amendments formulated by governments to curb harmful emissions, are expected to promote the growth of the passenger car market.
"The Asia-Pacific region is expected to record the highest growth rate during the forecast period."
The Asia-Pacific market is a vast geographic area, including countries such as Japan, China, India, South Korea, and Thailand. China is the world's largest automobile producer. In recent years, the country’s automotive industry has achieved significant growth.
In addition, component manufacturing start-ups and Tier 1 companies have strengthened their footholds in the region, thereby driving market growth. In addition, veteran automakers in Japan, China, and South Korea are expected to meet the growing demand for pumps from original equipment manufacturers in the region.
The main players in the automotive pump market are Aisin Corporation (Japan), Denso (Japan), Continental AG (Germany), Valeo (France) and Robert Bosch GmbH (Germany).
The demand for fuel-efficient vehicles and the growing demand for automobiles have boosted the demand for automotive pumps
The Asia-Pacific region is expected to become the largest market in the prediction market
During the forecast period (2021-2026), headlight washing pumps are expected to be the fastest growing market segment
Passenger car segment leads the market during the forecast period (2021-2026)
The electric pump market is expected to grow at a higher compound annual growth rate during the forecast period (2021-2026)
During the forecast period (2021-2026), the variable pump market is expected to grow at a higher compound annual growth rate
During the forecast period (2021-2026), in terms of scale, Hevs will lead the automotive pump market
During the forecast period (2021-2026), engines and HVAC are expected to be the fastest growing application areas
Growing demand for fuel-efficient vehicles
Regulatory agencies enforce strict emission standards
Increasing trend of engine downsizing
Growing demand for electric vehicles
Increase in electric power steering for passenger cars
The growth of ethanol fuel usage in the automotive industry
Increasing adoption of new technologies
Strong growth in sales of plug-in hybrid vehicles
Increased cost of electrification of automobile pumps
After-sales market growth declines
Vehicles based on the Internet of Things (connected car technology)
New and upcoming fuel pump modules
Trends and disruptions in the automotive pump market
Reliability analysis of variable displacement gear oil pump transmission system
Case study of high-power automotive water pump based on computational fluid dynamics (Cfd)
Automotive Pump Market: Impact of COVID-19
Marelli Spa
Hella Kgaa Heuck & Co.
For more information about this report, please visit https://www.researchandmarkets.com/r/6vbpzc
The company revealed that it has received a warning letter from the FDA regarding one of its California plants.
After many "thinking", Wood said her strategy still has "huge" potential.
At a basic level, all companies have the same goals-only some companies are good at it.
With the rise of Tesla and the prospect of electric vehicles becoming mainstream, electric vehicle inventories have increased exponentially. The following are the most acclaimed electric car manufacturers.
Julie Hyman and Brian Sozzi of Yahoo Finance discussed why Roblox's stock price fell after reporting fourth-quarter earnings.
Following positive comments from analysts, Pfizer's (NYSE: PFE) stock price rose on Wednesday. As of 3:30 pm Eastern Time, the drugmaker's stock price has risen by more than 5%. On Monday, UBS analyst Colin Bristow gave Pfizer a buy rating and raised its stock price forecast from $52 to $60.
Electric vehicle (EV) stock Nio (NYSE: NIO) is in free fall today, down 10% as of 12:20 pm EST on Wednesday. Nio was one of many growth stocks that collapsed before Fed policy, although investors in electric car manufacturers are not only affected by inflation concerns. After the U.S. Securities and Exchange Commission (SEC) recently decided to strengthen its control over foreign companies listed in the U.S., investors have become increasingly skeptical about investing money in the stocks of Chinese companies. The SEC will do so by implementing a law that requires companies. This target submits their account reports and other documents for audit.
The latest data from electric car manufacturer Polestar shows that its new crossover beats the standard range Tesla Model Y in terms of range-this impressive data point highlights what investors and car buyers should know Warning about electric vehicle technology. The Environmental Protection Agency rated the single-motor version of the new Polestar 2 crossover at 270 miles per charge. The standard range Tesla (stock code: TSLA) Model Y can travel about 244 miles per charge, so Polestar beats Tesla. The advantage of Polestar 2 is that it has a larger battery pack, reaching 78 kWh, while the standard range Model Y is equipped with a 50 kWh battery pack.
During the New Year, we always seem to have new lists, and this year is no exception. Wall Street analysts are searching the market, looking for stocks they like, and putting together their "best picks" lists, which they think are the best stocks going into January. We can ask Cowen, one of the major investment firms on Wall Street, for the quality of advice. The three top analysts of the company, all rated 5 stars by TipRanks, have selected their stocks
A key to success in the stock market-an often overlooked point-is knowing when to buy. There is an old view that the way to win is to buy low and sell high; the trick is to identify when the stock is in a low position, but be prepared to rebound. We can consult stock analysts on Wall Street to find out which cheap stocks are expected to rise. Once we know which stocks the experts recommend, we can start to delve into their details. TipRanks’ data tools are very suitable for this, let’s
(Bloomberg) - In 2021, the pandemic stimulus has triggered a speculative frenzy in everything from stocks to cryptocurrencies and real estate worldwide. As Beijing officials took action to eliminate the bubble, China took another path. Most articles from Bloomberg can reach the height of a skyscraper in an indoor farm? Zero taxes, golf, and beach villas have created an encrypted island paradise. China is building the world’s largest national park system. Boris Johnson. An angry congressman is worried that his next mistake may be fatal. Saudi Arabia wants me.
Hyliion CEO Thomas Healy and Yahoo Finance's Brian Sozzi and Julie Hyman discussed what it's like to drive a hybrid super truck and why the future of long-distance trucking might be electric.
The year-long saga of finding buyers in southern Kansas City (NYSE: KSU) ended on December 14, when the Canadian Pacific Railway Company (NYSE: CP) completed a total of 31 billion U.S. dollars A transaction to acquire Kansas City stock. Shareholders of Kansas City Southern received $90 in cash and 2.884 Canadian Pacific shares for each share. Instead, these businesses will enter a special voting trust that needs to maintain a certain distance from Canada Pacific, while the regulator decides whether the merger should be allowed. This intricate trust structure is embarrassing at best, and may cause some real problems for Canadian Pacific before the end of 2022.
According to data released by the Department of Labor in December, consumer prices in November rose by 6.8% compared with the same month in 2020. The US inflation rate is currently at a 39-year high, and November was the fifth consecutive month that the inflation rate exceeded 5%. This is what Warren Buffett has said for decades. Berkshire Hathaway’s chairman and CEO pointed out at the 2015 shareholders meeting: “The best business during inflation is a business that you buy once and you don’t have to continue capital investment,” and you should avoid "Any enterprise that requires a large amount of capital investment."
Although the Fed was unexpectedly hawkish, the stock market rose on Wednesday. AMD and Nvidia rebounded strongly.
In this article, we will discuss the 10 most worth buying semiconductor stocks in 2022. If you want to skip our detailed analysis of these stocks, please go directly to the 5 most worth buying semiconductor stocks in 2022. In early December, the Semiconductor Industry Association, a trade and lobby group revealed that global semiconductor sales have already […]
(Bloomberg)-Toyota Motor Corporation wants the world to know that it is serious about competing in the battery electric vehicle market. Can the indoor farm reach the height of a skyscraper for most of the content read from Bloomberg? Zero taxes, golf, and beach villas have created an encrypted island paradise. China is building the world’s largest national park system. Boris Johnson. An angry congressman fears that his next mistake may be fatal. Saudi Arabia wants its capital to be located where you want to live. Where the world’s largest automaker is planning
Samsara Chief Financial Officer Dominic Philips and Yahoo Finance Live discussed the IPO of the automotive operating platform, the forecast of the long-term profitability of the growing customer base, and its data-driven business model.
In this article, we will discuss 10 very cheap stocks to buy now. If you want to skip our detailed analysis of these stocks, please go directly to the 5 very cheap stocks to buy now. The traditional view is that the inflation concerns of the past few months will bring more to value stocks [...]
(Bloomberg)-China Fortune Land Development said it has been unable to find a fund manager with an investment of US$313 million. This is the latest blow to debt-laden developers. ? Zero taxes, golf, and beach villas to build a crypto island paradise China is building the world’s largest national park system Boris Johnson, an angry congressman is worried that his next mistake may be fatal. Saudi Arabia wants its capital to be somewhere in yours. place