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Automotive Pumps Market

ID: MRFR/AT/1558-CR
128 Pages
Sejal Akre
December 2024

Automotive Pump Market Research Report By Technology (Mechanical, and Electrical), by Product (Fuel Pump, Oil Pump {Electric Oil Pump, Others}, Steering Pump, Water Pump, Fuel Injection Pump, and Other), by Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle, and Others), by Application (Body Interior, Engine HVAC, and Powertrain), and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America) –Market Forecast Till 2035

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Automotive Pumps Market Summary

As per MRFR analysis, the Automotive Pump Market Size was estimated at 12.13 USD Million in 2024. The Automotive Pump industry is projected to grow from 12.56 in 2025 to 17.86 by 2035, exhibiting a compound annual growth rate (CAGR) of 3.58 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Automotive Pump Market is experiencing a dynamic shift driven by technological advancements and evolving consumer preferences.

  • Technological advancements are reshaping the automotive pump landscape, enhancing efficiency and performance.
  • North America remains the largest market, while Asia-Pacific is emerging as the fastest-growing region for automotive pumps.
  • The mechanical pump segment continues to dominate, whereas the electrical pump segment is witnessing rapid growth.
  • Increasing vehicle production and rising demand for fuel efficiency are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 12.13 (USD Million)
2035 Market Size 17.86 (USD Million)
CAGR (2025 - 2035) 3.58%

Major Players

Bosch (DE), Denso (JP), Aisin Seiki (JP), Magna International (CA), Continental (DE), Valeo (FR), Delphi Technologies (GB), Johnson Electric (HK), Hella (DE)

Automotive Pumps Market Trends

The Automotive Pump Market is currently experiencing a dynamic evolution, driven by various factors including technological advancements and shifting consumer preferences. The increasing demand for fuel-efficient vehicles has prompted manufacturers to innovate and enhance pump designs, thereby improving performance and reducing emissions. Additionally, the rise of electric vehicles is reshaping the landscape, as these vehicles require specialized pumps for cooling and fluid management. This transition appears to be fostering a competitive environment, compelling companies to invest in research and development to meet emerging needs. Moreover, the Automotive Pump Market is witnessing a growing emphasis on sustainability and environmental responsibility. As regulations become more stringent, manufacturers are likely to focus on creating pumps that not only comply with these standards but also contribute to overall vehicle efficiency. The integration of smart technologies, such as IoT and automation, is also gaining traction, suggesting a future where pumps are more interconnected and capable of real-time monitoring. This multifaceted approach indicates that the market is poised for substantial growth, with opportunities for innovation and collaboration across various sectors.

Technological Advancements

The Automotive Pump Market is increasingly influenced by rapid technological innovations. Manufacturers are adopting advanced materials and designs to enhance pump efficiency and durability. This trend is likely to lead to the development of pumps that are lighter, more compact, and capable of operating under extreme conditions.

Shift Towards Electric Vehicles

The rise of electric vehicles is reshaping the Automotive Pump Market. As these vehicles require specialized pumps for battery cooling and fluid management, manufacturers are adapting their product lines to cater to this new demand. This shift may create opportunities for companies to explore new technologies and applications.

Sustainability Initiatives

There is a growing focus on sustainability within the Automotive Pump Market. Manufacturers are increasingly prioritizing eco-friendly practices and materials in their production processes. This trend suggests a commitment to reducing environmental impact while meeting regulatory requirements, potentially leading to innovative solutions.

Automotive Pumps Market Drivers

Increasing Vehicle Production

The automotive industry is witnessing a surge in vehicle production, which directly influences the Automotive Pump Market. As manufacturers ramp up production to meet consumer demand, the need for various automotive pumps, including fuel pumps, water pumps, and oil pumps, escalates. In 2025, the production of passenger vehicles is projected to reach approximately 80 million units, indicating a robust growth trajectory. This increase in vehicle output necessitates a corresponding rise in the demand for automotive pumps, thereby driving the market forward. Furthermore, the expansion of manufacturing facilities and the introduction of new models contribute to the overall growth of the Automotive Pump Market, as each vehicle requires multiple pumps for optimal performance.

Expansion of Aftermarket Services

The aftermarket segment is gaining traction within the Automotive Pump Market, driven by the increasing number of vehicles on the road. As vehicles age, the need for replacement and maintenance of automotive pumps becomes critical. In 2025, the aftermarket for automotive components is anticipated to reach a valuation of over 300 billion dollars, with pumps representing a substantial portion of this market. This growth is attributed to the rising awareness among consumers regarding vehicle maintenance and the importance of using high-quality replacement parts. Additionally, the proliferation of e-commerce platforms has made it easier for consumers to access aftermarket automotive pumps, thereby enhancing the overall market landscape. The expansion of aftermarket services is likely to sustain the demand for automotive pumps in the coming years.

Rising Demand for Fuel Efficiency

The automotive sector is increasingly focused on enhancing fuel efficiency, which significantly impacts the Automotive Pump Market. Consumers are becoming more environmentally conscious and are seeking vehicles that offer better mileage. Consequently, automotive manufacturers are investing in advanced pump technologies that optimize fuel delivery and reduce waste. For instance, the integration of variable displacement pumps and electric fuel pumps is becoming more prevalent, as these technologies can improve fuel efficiency by up to 15%. This trend not only aligns with consumer preferences but also complies with stringent emissions regulations, further propelling the Automotive Pump Market. As fuel efficiency remains a priority, the demand for innovative pump solutions is expected to grow.

Technological Innovations in Pump Design

Technological advancements in pump design are reshaping the Automotive Pump Market. Innovations such as smart pumps equipped with sensors and IoT capabilities are becoming increasingly prevalent. These pumps not only enhance performance but also provide real-time data on fluid levels and pump efficiency, allowing for proactive maintenance. The introduction of lightweight materials and compact designs is also contributing to improved fuel efficiency and reduced emissions. As manufacturers continue to invest in research and development, the Automotive Pump Market is expected to benefit from these advancements. The integration of cutting-edge technologies is likely to attract new players and stimulate competition, further driving market growth.

Regulatory Compliance and Emission Standards

The Automotive Pump Market is significantly influenced by stringent regulatory compliance and emission standards imposed by governments worldwide. As environmental concerns escalate, regulations regarding vehicle emissions are becoming more rigorous. This has led automotive manufacturers to adopt advanced pump technologies that minimize emissions and enhance fuel efficiency. For instance, the implementation of high-pressure fuel pumps and advanced cooling systems is essential for meeting these standards. In 2025, it is estimated that compliance with these regulations will drive a substantial portion of the demand for automotive pumps, as manufacturers seek to avoid penalties and maintain market competitiveness. Consequently, the Automotive Pump Market is likely to experience growth as companies invest in compliant technologies.

Market Segment Insights

By Technology: Mechanical (Largest) vs. Electrical (Fastest-Growing)

The Automotive Pump Market exhibits a diverse technology segment, characterized predominantly by mechanical pumps, which have historically held the largest share. Mechanical pumps are widely used across various vehicle types due to their reliability and ease of maintenance. In contrast, the electrical segment is becoming increasingly significant, driven by the rise in electric vehicles and fuel efficiency regulations that highlight the need for innovative technologies.

Technology: Mechanical (Dominant) vs. Electrical (Emerging)

Mechanical pumps remain dominant in the automotive sector due to their long-term reliability and cost-effectiveness. They play a crucial role in traditional internal combustion engine vehicles, providing efficient fluid transfer. On the other hand, electrical pumps represent an emerging trend, gaining traction in hybrid and electric vehicles as manufacturers focus on enhancing fuel efficiency and reducing emissions. These pumps offer advantages such as precise control over fluid flow, compact designs, and integration with modern electronic systems, making them increasingly relevant in the evolving automotive landscape.

By Product: Fuel Pump (Largest) vs. Electric Oil Pump (Fastest-Growing)

The Automotive Pump Market is characterized by a diverse range of product types, with fuel pumps holding the largest market share due to their essential role in vehicle operation. Following closely are oil pumps and steering pumps, which are significant contributors to the overall segment. The demand for water pumps and fuel injection pumps is also notable, particularly as advancements in technology enhance their functionality and efficiency. Other categories, while smaller, represent niche markets that are growing steadily.

Fuel Pump (Dominant) vs. Electric Oil Pump (Emerging)

The fuel pump is a dominant player in the Automotive Pump Market, serving as a critical component for internal combustion engines by ensuring optimal fuel delivery. Its established position stems from widespread adoption across various vehicle types, including cars and trucks. In contrast, the electric oil pump is an emerging segment fueled by the shift towards electric and hybrid vehicles, emphasizing efficiency and lower emissions. With advancements in electric motor technology, the electric oil pump is becoming more prevalent, offering enhanced control over lubrication and contributing to overall vehicle performance. This growth is supported by industry trends focused on sustainability and regulatory compliance.

By Vehicle Type: Passenger Cars (Largest) vs. Heavy Commercial Vehicles (Fastest-Growing)

In the Automotive Pump Market, passenger cars hold the largest market share, significantly influencing overall industry dynamics. Their dominance is attributed to the high volume of production and sales in this segment, driven by increasing consumer demand for personal mobility and rising vehicle ownership rates worldwide. Conversely, heavy commercial vehicles are quickly gaining traction, representing the fastest-growing segment. With global trade expansion and infrastructure development, there is an increasing need for robust pumping solutions specifically designed for heavy-duty applications.

Passenger Cars (Dominant) vs. Heavy Commercial Vehicles (Emerging)

Passenger cars are characterized by their widespread usage and extensive manufacturing, contributing to their dominant position in the automotive sector. These vehicles typically require reliable, efficient pump systems for various operations, including fuel delivery, coolant circulation, and more. In contrast, heavy commercial vehicles, while emerging, are becoming increasingly essential due to the burgeoning logistics and transportation sectors. Factors such as enhanced fuel efficiency standards and advanced pumping technologies are crucial for heavy-duty vehicles, making them more appealing to manufacturers. As these vehicles evolve, their market position is set to strengthen, reflecting the growth of the commercial sector.

By Application: Engine HVAC (Largest) vs. Body Interior (Fastest-Growing)

The Automotive Pump Market is distinctly segmented into Body Interior, Engine HVAC, and Powertrain applications. Among these, Engine HVAC commands the largest market share, driven by the constant demand for improved vehicle climate control systems. Subsequently, Body Interior and Powertrain segments also hold significant shares, with Body Interior emerging rapidly due to increasing consumer preference for comfort features and customization in vehicle interiors.

Body Interior (Dominant) vs. Powertrain (Emerging)

The Body Interior segment of the Automotive Pump Market has established itself as a dominant force, largely due to the increasing emphasis on occupant comfort and luxury in modern vehicles. This segment encompasses pumps responsible for various functions such as seat cooling and heating, as well as air circulation within the cabin. In contrast, the Powertrain segment is emerging, driven by technological advancements and the rise of electric vehicles. This shift is leading to an increased role for pumps in optimizing thermal management and fluid control in powertrains, especially in hybrids and EVs, that demand innovative pumping solutions.

Get more detailed insights about Automotive Pumps Market

Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South and Central America. North America consists of the U.S, Canada, and Mexico.

The market for automotive pumps is fast-growing in the Asia-Pacific region, owing to the booming automotive industry, especially in countries like China, Japan, and India. The increasing middle class and high disposable incomes in these countries are sustaining the demand for vehicles, consequently driving up production volumes higher to meet the rising demand and thus giving rise to the need for efficient automotive pumps. Besides, there is more penetration of electric and hybrid vehicles in the region. This also encourages manufacturers to invest in newer pumping technologies offering better performance and lower emissions.

Several crucial automotive manufacturing and supply companies keep the environment in the Asia-Pacific region quite competitive, forcing innovation and cost-effective solutions. Additionally, government initiatives on electric vehicles and stringent emission regulations also favor the demand for specialty pumps. The growth of urbanization and infrastructure development is likely to support the expanding Asia-Pacific automotive pump market, besides technological advancements and a growing emphasis on sustainability in the automotive sector.

Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, and India.

Automotive Pumps Market Regional Image

Key Players and Competitive Insights

Companies in the automotive pump market, such as Continental AG, Valeo, Bosch, Mahle GmbH, and Rheinmetall Automotive, are adopting various growth strategies to strengthen their market share. These players are focusing on long-term collaborations with OEMs and establishing strong trade relations for long-term, ensuring a steady demand for their products in both the ICE and electric vehicle market. Additionally, they are actively involved in innovations and strategic partnerships to enhance their product offerings and align with the industry's shift toward sustainable and energy-efficient mobility.

For instance, Denso recently transferred its fuel pump module business and equity stake in KYOSAN DENSO to Aisan. This move is part of a strategy to boost their powertrain competitiveness and contribute to the development of sustainable mobility solutions. Aisan's acquisition of these assets is expected to fortify its position in the powertrain market, supporting the growing demand for efficient fuel systems.

Key Companies in the Automotive Pumps Market market include

Industry Developments

  • In June 2024, Rheinmetall has secured a major multi-million-euro order for electric coolant pumps from an international car manufacturer, with production ongoing until 2030 and a service contract extending to 2045. These pumps, used in hybrid vehicles, enhance emission control, reduce fuel consumption, and support Rheinmetall’s e-mobility commitment. The Power Systems division is integral to this, focusing on advanced automotive and energy solutions.
  • In April 2023, TRICO, a subsidiary of First Brands Group, won GM’s 2022 Overdrive award, recognizing its excellence in sustainability, innovation, cost, and safety. The award celebrates TRICO's century-long partnership with GM.

Future Outlook

Automotive Pumps Market Future Outlook

The Automotive Pump Market is projected to grow at a 3.58% CAGR from 2024 to 2035, driven by advancements in electric vehicles, increasing fuel efficiency standards, and rising demand for hybrid technologies.

New opportunities lie in:

  • Integration of smart pump technologies for predictive maintenance
  • Expansion into emerging markets with tailored pump solutions
  • Development of eco-friendly pumps to meet sustainability regulations

By 2035, the market is expected to achieve robust growth, driven by innovation and strategic investments.

Market Segmentation

Automotive Pumps Market Product Outlook

  • Fuel Pump
  • Oil Pump
  • Electric Oil Pump
  • Steering Pump
  • Water Pump
  • Fuel Injection Pump
  • Others

Automotive Pumps Market Technology Outlook

  • Mechanical
  • Electrical

Automotive Pumps Market Application Outlook

  • Body Interior
  • Engine HVAC
  • Powertrain

Automotive Pumps Market Vehicle Type Outlook

  • Passenger Cars
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Others

Report Scope

MARKET SIZE 202412.13(USD Million)
MARKET SIZE 202512.56(USD Million)
MARKET SIZE 203517.86(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)3.58% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesIntegration of electric pumps in electric vehicle platforms enhances efficiency and performance in the Automotive Pump Market.
Key Market DynamicsRising demand for electric vehicles drives innovation in automotive pump technologies and efficiency standards.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Sejal Akre
Senior Research Analyst

She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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FAQs

What is the projected market valuation of the Automotive Pump Market by 2035?

The Automotive Pump Market is projected to reach a valuation of 17.86 USD Million by 2035.

What was the market valuation of the Automotive Pump Market in 2024?

In 2024, the Automotive Pump Market had a valuation of 12.13 USD Million.

What is the expected CAGR for the Automotive Pump Market during the forecast period 2025 - 2035?

The expected CAGR for the Automotive Pump Market during the forecast period 2025 - 2035 is 3.58%.

Which companies are considered key players in the Automotive Pump Market?

Key players in the Automotive Pump Market include Bosch, Denso, Aisin Seiki, Magna International, and Continental.

What are the main product segments within the Automotive Pump Market?

The main product segments include Fuel Pump, Oil Pump, Electric Oil Pump, Steering Pump, Water Pump, and Fuel Injection Pump.

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