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Global Electric Oil Pump Market Projected to Reach 1060 Million US$ by 2025

The Electric Oil Pump market was valued at 220 Million US$ in 2017 and is projected to reach 1060 Million US$ by 2025, at a CAGR of 22.0% during the forecast period.

 

Los Angeles, CA -- (SBWIRE) -- 09/19/2018 -- This study focuses on the production side and consumption side of Electric Oil Pump, presents the global Electric Oil Pump market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Electric Oil Pump capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Electric Oil Pump by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Electric oil pump is an oil pump driven by the electric motor and is used to maintain oil pressure and lubricate the automatic-transmission/continuously-variable-transmission during engine stop of such as stop-start vehicles.

For Hybrid vehicles, this product supplies oil pressure for transmission operation in an electric drive mode, while for the EV vehicle, it performs cooling and lubricating functions.

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The Electric Oil Pumps' production is mainly concentrated in the Europe and North America; the developing countries' consumption mainly depends on import market. The largest consumption regions are Europe and China, the Europe occupies about 28.63% market share and the China occupies about 30.36% market share in 2017 due to their largest new energy vehicle numbers.

The global market for Electric Oil Pump is dominated by few large vendors having substantial budgets for research and development of new technologies and innovative products. Companies such as Nidec Corporation, SHW Group, FTE automotive, AISIN SEIKI and Rheinmetall Automotive command prominent positions in the global market owing to their strong geographic presence, excellent distribution networks, and the financial power to acquire niche device developers across the globe.

The Electric Oil Pump market was valued at 220 Million US$ in 2017 and is projected to reach 1060 Million US$ by 2025, at a CAGR of 22.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Oil Pump.

This report includes the following manufacturers; we can also add the other companies as you want.

Nidec Corporation

SHW Group

FTE automotive

AISIN SEIKI

Rheinmetall Automotive AG

Hitachi Automotive Systems

Magna

LG Innotek

ZF-TRW

Slpt

Mitsubishi Electric Corporation

EMP

Market Segment by Product Type

Separate Pump

Integrated Pump

Market Segment by Application

Start-Stop System

Electric and Hybrid Vehicle

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QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.