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Automotive Pumps Market

Future Market Insights has announced the addition of the “Digital Breast Tomosynthesis (DBT) Equipment Market: Global Automotive Pumps Market Expected to be Valued US$ 64.7 Bn by 2025-end" report to their offering.
Automotive Pumps Market Expected to be Valued US$ 64.7 Bn by 2025-end
Global automotive pump installation will reach 694,207 thousand units in 2016, witnessing
a y-o-y increase of 1.98% over 2015, generating over US$ 45 billion in revenues. Market
leaders Robert Bosch GmbH, Aisin Seiki Co., Ltd, and Magna International will continue to
consolidate their position, collectively accounting for over 17% revenue share in 2016. The
average price of automotive pumps will increase in 2016, owing to rising raw material
Fuel supply pumps will continue to hold leading revenue- and volume- share in 2016
among all the automotive pumps. FMI estimates fuel supply pump installations to reach
115,873 thousand units in 2016, an increase of 2.3% over 2015. The revenue share of fuel
supply pumps increase from 43.4% in 2015 to 43.6% in 2016. Vacuum pumps will witness
a 5.2% value increase in 2016 over 2015.
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While steady automotive sales in Asia Pacific and increasing emphasis on curbing
vehicular emissions will continue to boost demand in 2016, rising adoption of electric
motors and long replacement cycles can pose challenges to growth.
Demand for automotive pumps will be highest in the passenger vehicle segment vis-à-vis
commercial and heavy vehicles. This will largely be supported by steady demand from a
rapidly expanding middle class in developing countries of Asia Pacific. FMI estimates
automotive pump installations in the passenger vehicle segment to reach 504,339
thousands units in 2016, an increase of 2.3% over 2015.
Asia Pacific excluding Japan (APEJ) will extend its lead as the largest market for
automotive pumps in 2016. On back of rising adoption of advanced technologies, including
DCT, CVT, and GDI, automotive pump installations in the region will reach 252,301
thousand units in 2016. APEJ’s revenue share is set to reach 33.4% in 2016, an increase
of 0.5% from 2015.
Considering the fragmented nature of the automotive pumps market, key players are
focusing on business expansion in emerging markets through mergers and acquisitions.
Establishment of new manufacturing facilities and reinforcement of existing ones is a key
go-to business strategy for leading players in the market.
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The global automotive pumps market will increase at a CAGR of 3.8% during 2015-2025,
reaching US$ 64.7 Bn by 2025-end. Asia Pacific and Western Europe will be the two
largest markets, whereas demand for automotive pumps will witness the highest CAGR in
Middle East & Africa.
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