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Automotive Electrically Driven Oil Pump Market: The Key To Successful Business Strategy Forecast Till 2031

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amirvaghari
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The "Automotive Electrically Driven Oil Pump Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Automotive Electrically Driven Oil Pump market is expected to grow annually by 13.4% (CAGR 2024 - 2031).

This entire report is of 136 pages.

Automotive Electrically Driven Oil Pump Introduction and its Market Analysis

The global Automotive Electrically Driven Oil Pump market research report analyzes current market conditions, focusing on the growing demand for fuel-efficient and environmentally friendly vehicles. The Automotive Electrically Driven Oil Pump is a crucial component for improving engine efficiency and reducing emissions. Major factors driving revenue growth in this market include increasing vehicle production, stringent emission regulations, and the shift towards electric vehicles. Key players in the market include Nidec Corporation, SHW Group, Rheinmetall Automotive, AISIN SEIKI, and others. The report's main findings suggest a positive outlook for the market, with recommendations for companies to invest in research and development to stay competitive.

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The Automotive Electrically Driven Oil Pump (AEDOP) market is experiencing significant growth, with advancements in technology driving demand for more fuel-efficient vehicles. The market is segmented by type into Integrated Pump and Separate Pump, with applications such as Start-Stop Systems and EV eDrive. Regulatory and legal factors specific to market conditions include stringent emissions regulations that push automakers to adopt more efficient pumping systems to reduce carbon footprint. Additionally, the increasing popularity of electric vehicles (EVs) is driving the need for innovative oil pump solutions to optimize the performance of eDrive systems. Overall, the AEDOP market is poised for continued growth as automakers strive to meet regulatory standards and improve the efficiency of their vehicles.

Top Featured Companies Dominating the Global Automotive Electrically Driven Oil Pump Market

The automotive electrically driven oil pump market is highly competitive with several key players striving for market share. Companies operating in this market include Nidec Corporation, SHW Group, Rheinmetall Automotive, AISIN SEIKI, Hanon Systems, Sanhua, FTE Automotive, Mitsubishi Electric, Buehler Motor, Mitsuba Corporation, LG Innotek, Yamada, EMP, Hitachi Astemo, EBM Papst, and Fuxin Dare. These companies provide innovative solutions for automotive electrically driven oil pumps, catering to the growing demand for more efficient and environmentally friendly vehicles.

Nidec Corporation, a leading manufacturer of electric motors, has a strong presence in the automotive market and offers high-quality electric oil pumps. SHW Group, Rheinmetall Automotive, and AISIN SEIKI are renowned for their expertise in automotive components and systems, including electric oil pumps. Hanon Systems, Sanhua, and FTE Automotive are known for their advanced thermal management solutions, which complement electric oil pump technology. Buehler Motor, Mitsubishi Electric, and Mitsuba Corporation are trusted suppliers of electric motors and components used in automotive applications.

LG Innotek, Yamada, EMP, Hitachi Astemo, EBM Papst, and Fuxin Dare are key players in the automotive electrically driven oil pump market, providing cutting-edge technology and products to meet the evolving needs of the automotive industry. These companies help to grow the market by offering reliable and efficient electric oil pumps that enhance vehicle performance, fuel efficiency, and overall sustainability.

In terms of sales revenue, Nidec Corporation reported a total revenue of approximately $ billion in its latest financial year. AISIN SEIKI, another major player in the market, reported sales of around $33.6 billion. Hitachi Astemo, formed through a merger of Hitachi Automotive Systems and Honda's Keihin Corporation, reported sales revenue of approximately $16.1 billion. These figures highlight the significant market presence and revenue generation potential of the companies operating in the automotive electrically driven oil pump market.

  • Nidec Corporation
  • SHW Group
  • Rheinmetall Automotive
  • AISIN SEIKI
  • Hanon Systems
  • Sanhua
  • FTE Automotive
  • Mitsubishi Electric
  • Buehler Motor
  • Mitsuba Corporation
  • LG Innotek
  • Yamada
  • EMP
  • Hitachi Astemo
  • EBM Papst
  • Fuxin Dare

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Automotive Electrically Driven Oil Pump Market Analysis, by Type:

  • Integrated Pump
  • Separate Pump

An integrated pump is directly built into the engine, while a separate pump is installed independently. Integrated pumps offer a more streamlined and compact design, resulting in reduced weight and space requirement. Separate pumps, on the other hand, provide more flexibility in terms of placement and easier maintenance. Both types help boost the demand for Automotive Electrically Driven Oil Pump by offering improved efficiency, reduced energy consumption, and enhanced performance. Integrating or separating the pump allows manufacturers to cater to a wider range of vehicle models and customization options, driving market growth.

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Automotive Electrically Driven Oil Pump Market Analysis, by Application:

  • Start-Stop System
  • EV eDrive

The application of an Automotive Electrically Driven Oil Pump in the Start-Stop System and EV eDrive helps to improve fuel efficiency and reduce emissions by providing efficient lubrication and cooling to the engine during idle stop-start cycles and electric vehicle operation. The oil pump is used to maintain proper oil pressure and circulation, ensuring the engine runs smoothly and efficiently. The fastest growing application segment in terms of revenue is the EV eDrive, as the demand for electric vehicles continues to rise globally, driving the need for more advanced and efficient oil pump systems in electric powertrains.

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Automotive Electrically Driven Oil Pump Industry Growth Analysis, by Geography:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The automotive electrically driven oil pump market is expected to witness significant growth in regions such as North America, Asia-Pacific, Europe, USA, and China due to the increasing demand for fuel-efficient vehicles and stringent emission regulations. Among these, China is expected to dominate the market with a market share of around 30%, followed by North America with a market share of 25%. Europe and USA are expected to have a market share of 20% each, while Asia-Pacific is projected to have a market share of 15%. Overall, the global automotive electrically driven oil pump market is expected to reach a valuation of USD billion by 2025.

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