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| A08905 | Pages: NA | Jul 2022 | 1472 Views | | |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Automotive Pump Market
Request Now !The Automotive pump is used to circulate fluids under pressure in vehicles. Improper functioning of automotive pump hampers performance of different systems, such as steering, coolant, transmission, fuel supply, and lubrication and others. Additionally, automotive pump has been used to improve efficiency and performance of vehicle. Further, automotive pump plays an important role in reducing emission of vehicle. By transferring the fluid in entire vehicles, automotive pump also helps in reducing wear and tear of parts. Besides, it helps in cooling engine and thereby increasing the life of vehicle. With technological advancements and rising demand for passenger car segment, the market is expected to surge.
COVID-19 scenario analysis:
Automakers are constantly focusing on innovating technologies to enhance the fuel efficiency of the vehicle in order to attract more consumers. Due to this, the sales of automotive pump have increased as it delivers fuel at optimized pressure as per requirement of engine. Moreover, increasing adoption of automatic transmission and gasoline turbocharged direct injection needs automotive pumps for its prime functioning. Additionally, automotive pump also provides assistance for proper functioning of important safety features like power steering and anti-lock braking system (ABS). However, increasing adoption of electric vehicles could hamper the automotive pump market growth. Further, escalating production of vehicles will proliferate the automotive pump market growth.
The automotive pump market trends are as follows:
Mechanical pumps are less energy efficient and they have higher hydraulic losses than electric pumps. Moreover, electric pumps are independent of the combustion engine operation and can be controlled with much greater precision, and can be used only when required. This increases the fuel efficiency, thermal resistance and controls the emission level. For instance, Continental’s electric fuel pump reduce carbon emission by 1.5-2 g per km for 1.8L diesel engines.
On-board diagnostics (OBD) refers to a vehicle's self-diagnostic and reporting capability. OBD systems give the vehicle owner or repair technician access to the status of the various vehicle sub-systems. The next generation OBD provides real time data of vehicle while driving. Unlike carburetors or previous mechanical fuel-injection systems, electronic fuel injection (EFI) requires computer control and OBD makes its work easy.
Key benefits of the report:
Questions answered in the automotive pump market research report:
Key Market Segments
| Segments | Sub-segments |
|---|---|
| By Pump type |
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| By Technology |
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| By Vehicle type |
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| By Sales Channel |
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| By Region |
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Key Market Players
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