Market Overview:
The global electrical oil pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, the growing awareness about fuel efficiency and emission norms is also propelling the demand for electrical oil pumps across different regions. The global electrical oil pump market can be segmented on the basis of type into separate pumps and integrated pumps. The separate pumps segment is expected to hold a larger share of the global market than integrated pumps during the forecast period from 2018 to 2030. This can be attributed to their low cost as compared with integrated pumps and their easy installation process. On the basis of application,the global electric oil pumpmarket can be divided into passenger vehiclesand commercial vehicles segments.
Product Definition:
An electrical oil pump is a device used to circulate lubricating oil in a machine. The importance of an electrical oil pump is that it circulates the oil and helps to keep the bearings and other moving parts well lubricated.
Separate Pumps:
The global electrical oil pump market is expected to witness significant growth over the forecast period. The growth of this market can be attributed to increasing demand for electric pumps in various end-use industries such as chemical, food & beverage and pharmaceuticals.
Increasing investments in R&D activities coupled with technological advancements are anticipated to drive the global electrical oil pump industry over the next six years.
Integrated Pumps:
Integrated pumps are used to transfer fluids in electrical oil pump. It is a mechanical device that consists of interdependent components namely suction and discharge pipes, check valve, diaphragm or piston, and motor or generator. The integrated pump system has the advantage over the conventional systems as it can transfer liquids at high viscosity without any external power source.
Application Insights:
The passenger vehicles segment dominated the global electrical oil pump market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for passenger vehicles in developing countries such as China, India and Brazil on account of increasing disposable income levels coupled with rising per capita ownership of cars is expected to drive the demand for electrical pumps over the forecast period.
Electrical pumps are integrated into modern cars so that they can operate without human intervention even after a crash or if drivers become unconscious or incapacitated. This feature has increased their popularity among consumers who prefer operating them selves free from any form of bondage, thereby driving their sales at a considerable rate across all regions globally.
Commercial vehicles are also anticipated to witness significant growth owing to an increase in road construction activities across various regions including Asia Pacific, Middle East & Africa.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to rapid industrialization and increasing automotive production in China, India, Japan, and South Korea. The region accounted for a share of more than 30% in 2017 owing to large scale adoption of electric vehicles. However, rising demand for conventional fuel engines will result in an increase in oil pumps sales over the next few years.
Europe was estimated as the second-largest market with a revenue share of more than 20%in 2017 due to stringent emission norms implemented by various governments across Europe that have forced manufacturers operating within Europe's bordersto adopt Electric Vehicles (EVs). North America is also likely to witness significant growth during the forecast period on account of growing EV sales coupled with government regulations mandatingthe installationof certain safety systems such as Electronic Stability Program (ESP) and Anti-lock braking system (ABS) on all new cars sold within U.S.
Growth Factors:
- Increasing demand for electrical oil pump in automotive and industrial applications
- Growing popularity of electric vehicles
- Rising investment in renewable energy sources
- Proliferation of smart grid infrastructure
- Technological advancements in electrical oil pump
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Oil Pump Market Research Report
By Type
Separate Pumps, Integrated Pumps
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Nidec Corporation, Brose, SHW AG, FTE Automotive, Aisin Seiki, Rheinmetall Automotive, Hitachi Automotive Systems, Magna International, LG Innotek, ZF TRW, SLPT, Mitsubishi Electric, Engineered Machined Products (EMP)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Oil Pump Market Report Segments:
The global Electrical Oil Pump market is segmented on the basis of:
Types
Separate Pumps, Integrated Pumps
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nidec Corporation
- Brose
- SHW AG
- FTE Automotive
- Aisin Seiki
- Rheinmetall Automotive
- Hitachi Automotive Systems
- Magna International
- LG Innotek
- ZF TRW
- SLPT
- Mitsubishi Electric
- Engineered Machined Products (EMP)
Highlights of The Electrical Oil Pump Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Separate Pumps
- Integrated Pumps
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical Oil Pump Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electrical oil pump is a type of oil pump that uses electricity to move the oil.
Some of the major companies in the electrical oil pump market are Nidec Corporation, Brose, SHW AG, FTE Automotive, Aisin Seiki, Rheinmetall Automotive, Hitachi Automotive Systems, Magna International, LG Innotek, ZF TRW, SLPT, Mitsubishi Electric, Engineered Machined Products (EMP).
The electrical oil pump market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Oil Pump Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrical Oil Pump Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Oil Pump Market - Supply Chain
4.5. Global Electrical Oil Pump Market Forecast
4.5.1. Electrical Oil Pump Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Oil Pump Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Oil Pump Market Absolute $ Opportunity
5. Global Electrical Oil Pump Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrical Oil Pump Market Size and Volume Forecast by Type
5.3.1. Separate Pumps
5.3.2. Integrated Pumps
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Oil Pump Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrical Oil Pump Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicles
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Oil Pump Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrical Oil Pump Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrical Oil Pump Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrical Oil Pump Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrical Oil Pump Demand Share Forecast, 2019-2026
9. North America Electrical Oil Pump Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrical Oil Pump Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrical Oil Pump Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicles
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Oil Pump Market Size and Volume Forecast by Type
9.7.1. Separate Pumps
9.7.2. Integrated Pumps
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrical Oil Pump Demand Share Forecast, 2019-2026
10. Latin America Electrical Oil Pump Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrical Oil Pump Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrical Oil Pump Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicles
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Oil Pump Market Size and Volume Forecast by Type
10.7.1. Separate Pumps
10.7.2. Integrated Pumps
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrical Oil Pump Demand Share Forecast, 2019-2026
11. Europe Electrical Oil Pump Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrical Oil Pump Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrical Oil Pump Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicles
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Oil Pump Market Size and Volume Forecast by Type
11.7.1. Separate Pumps
11.7.2. Integrated Pumps
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Aalysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrical Oil Pump Demand Share, 2019-2026
12. Asia Pacific Electrical Oil Pump Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrical Oil Pump Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrical Oil Pump Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicles
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Oil Pump Market Size and Volume Forecast by Type
12.7.1. Separate Pumps
12.7.2. Integrated Pumps
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrical Oil Pump Demand Share, 2019-2026
13. Middle East & Africa Electrical Oil Pump Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrical Oil Pump Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrical Oil Pump Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicles
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Oil Pump Market Size and Volume Forecast by Type
13.7.1. Separate Pumps
13.7.2. Integrated Pumps
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrical Oil Pump Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Oil Pump Market: Market Share Analysis
14.2. Electrical Oil Pump Distributors and Customers
14.3. Electrical Oil Pump Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nidec Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brose
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SHW AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FTE Automotive
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Aisin Seiki
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rheinmetall Automotive
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hitachi Automotive Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Magna International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LG Innotek
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ZF TRW
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SLPT
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mitsubishi Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Engineered Machined Products (EMP)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook