Automotive Variable Oil Pump Market

2020 Analysis and Review of Automotive Variable Oil Pump Market by Fuel Type - Gasoline, Diesel, and Hybrid for 2020-2030

  • 2020-03-19
  • REP-GB-11156
  • 31 Tables
  • 137 Figures
  • 237 pages
  • Format: PDF/PPT/Excel
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Automotive Variable Oil Pump Market Value to Increase 1.3X Through 2030

The worldwide automotive industry is bracing itself for substantial shifts, with tightening emission standards likely to provide the industry a makeover. The same thing goes for the automotive variable oil pump market, which is steering away from conventional energy sources. Manufacturers are rolling out novel technologies, backed by R&D, to develop automotive variable oil pumps that comply with emission norms. As the emphasis on clean air continues to gain ground, the global automotive variable oil pump market will progress steadily through 2030. 

Key Factors Shaping Automotive Variable Oil Pump Market

Rising Demand for Advanced Pumps for Mid-size Cars

Increasing spending power of the ever-growing middle class, especially in developing countries such as India and China, is influencing automotive manufacturers to focus on the mid-size and compact car segment. Premium features such as power steering, easy gear shift, anti-lock braking systems, and cabin comfort systems are no longer limited to executive, premium, and luxury cars.

With increasing competition among automakers and changing consumer lifestyle, most high-end features are being introduced in small cars on a greater scale. These enhancements are being well received by consumers, and are further prompting automakers to increase the scale of their implementing.

Sales of compact or mid-size cars account for 55% to 65% share of global car sales. Thus, this segment offers lucrative opportunities for the deployment of automotive variable oil pumps that are custom made for specific cars or manufacturers. 

Implementation of Emission Norms Encouraging Development of Advanced Products

Growing number of automobiles along with increasing population has forced authorities to roll out emission standards that are more stringent. Continuous implementation of regulations by governments has forced manufacturers to come up advanced product development to meet mandatory emission standards.

For instance, the Indian government has mandated the shift to BS6 norms by April 2020, which is likely to increase the number of new vehicles on the road, and is expected to create opportunities for the automotive variable oil pump market in the coming years.

Increase in Automotive Manufacturing and Vehicle Parc Boosting Sales of Automotive Variable Oil Pumps

Sales of automotive variable oil pumps is directly connected to automotive production and vehicle parc. Despite uncertain economic conditions in the global market over the past years, on an average, the global automotive industry has observed reasonable growth. Automotive manufacturing is projected to increase at a decent CAGR of 2–2.5% over the forecast period.

Automotive vehicle manufacturing is expected to be prominent in developing countries as compared to developed countries. This can be attributed to stable economic condition that is increasing urbanization in these regions. Over the forecast period, the automotive vehicle fleet on road is also likely to increase at a decent pace, thereby offering marginal opportunities for the growth of the automotive variable oil pump market.

APEJ to Remain Dominant throughout Forecast Period

In terms of value, the automotive variable oil pump market in APEJ led the global market in 2019. The market in China is projected to offer the most lucrative opportunities for revenue generation over the forecast period (2020 to 2030).

Automotive Variable Oil Pump Market Structure Analysis

  • Acquisition and collaboration of niche players is one of the key strategies being followed by leading automotive variable oil pump manufacturers in the market.
  • Continental AG, KSPG AG, Denso Corporation, and Robert Bosch GmbH are the prominent and most experienced players in the global automotive variable oil pump market.
  • High market concentration ratio suggests that, there is intense ongoing competition in the global automotive variable oil pump market. Thus, market competitors are deploying cost-effective solutions and services in order to maintain or enhance their market shares.

Manufacturers Rely on Gasoline and Diesel Fuels

Player in the automotive variable oil pump market prefer gasoline for power transmission, as it is cheap and requires lesser service intervals. However, volatility in crude oil prices is impeding the usage of gasoline in automotive variable oil pumps. Consequently, manufacturers are banking on diesel, given its enhanced service life and reliability. Although diesel is relatively expensive versus conventional gasoline, its excellent fuel efficiency outweighs the cost constraint. Furthermore, as the automotive industry moves forward with sustainability at the center, manufacturers of automotive variable oil pumps are turning to hybrid fuels to align with changing industry trends.

APAC Market to Witness Quantum Lead

Influenced by the presence of manufacturing hubs in the automotive industry – China and Japan – automotive variable oil pump market players continue to place their bets on Asia Pacific (APAC). Moreover, the electric vehicle (EV) industry in these countries has been experiencing staggering growth in the recent past, owing to the introduction of strict emission standards. In a similar fashion, recent government regulations such as Bharat Stage (BS6) emission norms are steeply boosting vehicle electrification in India. However, amidst the coronavirus pandemic, automobile sales in APAC are likely to slide in the near term.

Customization - Key Differentiating Strategy

The automotive variable oil pump market is fairly competitive. Shifting market dynamics and rising competition is compelling manufacturers to focus on the customization of pumps. The automotive industry is transforming automobile designs in order to satiate ever-changing customer preferences. Automotive variable oil pump manufacturers are offering customized or requirement-specific pumps such as brushless fuel pumps, low vibration pumps, and compact pumps for automakers. Players that move aggressively and create comprehensive strategies to integrate customization in their business operations will be well placed to secure long-term supply contracts with automakers.

OEMs capture greater revenue share

Aftermarkets to showcase noteworthy CAGR

Gasoline fuel stays in-demand

Diesel to pick pace

High adoption in passenger cars

Application in LCVs to remain stable

How Growth will Unfold

Significant rise in private vehicle ownership is providing momentum to the sales of passenger vehicles across the world. As such, market players must target this vehicle category, which will represent a multibillion-dollar opportunity towards the end of the projection period. FMI finds that, the adoption of automotive variable oil pumps in heavy commercial vehicles (HCVs) and light commercial vehicles (LCVs) is expected to hasten in the near term. Nevertheless, passenger vehicles will generate over 70% total return to shareholders, compared to around 25% from HCVs and LCVs, collectively.

Automotive Variable Oil Pump Market by Vehicle Type

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

Future Market Insights published its recent market research report on the global automotive variable oil pump market, which comprises global industry analysis of 2015-2019 and opportunity assessment for 2020-2030. It includes a comprehensive assessment of relevant and related market dynamics. After conducting a complete analysis on the historical as well as current growth prospective of the automotive variable oil pump market, growth predictions of the market are obtained with maximum accuracy.

Automotive Variable Oil Pump Market Taxonomy

The global automotive variable oil pump market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the readers.

Fuel Type

  • Gasoline
  • Diesel
  • Hybrid

Sales Channel

  • OEMs
  • Aftermarket

Vehicle Type

  • Passenger Cars
  • LCVs
  • HCVs

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Japan
  • APEJ
  • Middle East & Africa

What's Included

The report begins with the executive summary of the automotive variable oil pump market, which includes a summary of the key findings and statistics of the market. It also includes the market value (US$ million) estimates of prime segments of the Automotive Variable Oil Pump market.

Readers can find detailed segmentation and definition of the automotive variable oil pump market in this chapter, which will help them understand basic information about the automotive variable oil pump market. This section also highlights the inclusions and exclusions, which help readers understand the scope of the report.

The report provides key market trends that are expected to impact market growth significantly during the forecast period. Detailed industry trends are provided in this section, along with key market developments and product innovations.

This section includes key inclusions of the report. It includes product adoption & usage analysis, opportunity analysis, and manufacturers’ strategies for market expansion.

This section explains the global market volume analysis and forecast for the automotive variable oil pump market during the forecast period of 2020-2030.

This section explains the global market value analysis and forecast for the automotive variable oil pump market during 2014-2029. This chapter includes detailed analysis of the historical automotive variable oil pump market, along with an opportunity analysis for the future. Readers can also find absolute $ opportunity for the current year (2019-2020) and incremental $ opportunity for the forecast period (2020-2030).

This chapter explains the key macroeconomic factors that are expected to influence the growth of the automotive variable oil pump market during the forecast period. Along with the macroeconomic factors, this section highlights the opportunity analysis for the automotive variable oil pump market. This chapter also highlights the key market dynamics of the automotive variable oil pump market, such as drivers, restraints, trends, and opportunities. Moreover, readers will understand key trends followed by prominent manufacturers in the market.

Based on fuel type, the automotive variable oil pump market is segmented into gasoline, diesel and hybrid. In this chapter, readers can find information about the key trends and developments in the automotive variable oil pump market and market attractiveness analysis based on fuel type.

The automotive variable oil pump market is segmented on the basis of sales channel into OEMs and aftermarket. In this chapter, readers can understand the market attractiveness analysis based on sales channel.

The automotive variable oil pump market is segmented on the basis of vehicle type into passenger cars, LCVs, and HCVs. In this chapter, readers can understand the market attractiveness analysis based on vehicle type.

This chapter explains how the automotive variable oil pump market is expected to grow across several geographic regions such as North America, Latin America, Western Europe, Eastern Europe, Japan, APEJ, and the Middle East & Africa.

This chapter includes detailed analysis of the growth of the North America automotive variable oil pump market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on countries in North America.

Readers can find detailed information about several factors such as pricing analysis and regional trends that are impacting the growth of the Latin America automotive variable oil pump market. This chapter also includes the growth prospects of the automotive variable oil pump market in prominent countries in Latin America such as Brazil, Mexico, and the Rest of Latin America.

Important growth prospects of the automotive variable oil pump market in several countries such as Germany, the U.K, France, Italy, Spain, BENELUX, and the Rest of Western Europe are included in this chapter.

Important growth prospects of the automotive variable oil pump market in several countries such as Russia, Poland, and the Rest of Eastern Europe are included in this chapter.

Readers can find detailed information about several factors such as pricing analysis and regional trends that are impacting the growth of the Japan automotive variable oil pump market.

In this chapter, China, India, ASEAN, Australia & New Zealand, South Korea and Rest of APEJ are prominent countries in the APEJ region that are the prime subjects of assessment to obtain growth prospects of the automotive variable oil pump market. Readers can find detailed information about the growth parameters of the APEJ automotive variable oil pump market during the forecast period of 2020-2030.

This chapter provides information about how the automotive variable oil pump market is anticipated to grow in major countries in the MEA region such as South Africa, Turkey, Egypt, and the Rest of MEA during the forecast period of 2020-2030.

In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the automotive variable oil pump market, along with their market presence analysis by region and product portfolio.

In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the automotive variable oil pump market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are as Robert Bosch GmbH, Aisin Seiki, Magna International, Denso Corporation, KSPG AG, and Continental AG.

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the automotive variable oil pump market report.

This chapter helps readers understand the research methodology followed to obtain several conclusions, as well as important qualitative and quantitative information, about the automotive variable oil pump market.

How the research was conducted?

Primary Research

  • Chief Executive Officer 
  • Vice President 
  • Sales Head 
  • Product Manager 
  • Marketing Head 
  • Deputy Manager -Marketing & Communications
  • Marketing Manager
  • Sales Manager
  • Distributors
  • Customer Service Representative
  • Current market dynamics and challenges
  • End-use industry segment split and authenticity
  • Yesteryear trends 
  • Market characteristics
  • Competition structure and market structure
  • Strategic growth initiatives
  • Market segment splits and authenticity
  • Near-term and long-term market growth prospects
  • Opinions on market projections and validity of assumptions

Secondary Research

  • World Bank 
  • IEA
  • ACMA
  • OICA
  • ACEA

Primary Interview Splits

Primary Interview Splits automotive variable oil pump market designation

Primary Interview Splits automotive variable oil pump market stakeholder

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