The global Electric Oil Pump market will reach 1.060 Billion US$ by the end of 2025, growing at a CAGR of 22.0% during 2018-2025.
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.
The Electric Oil Pumps production is mainly concentrated in Europe and North America; the developing countries consumption mainly depends on the import market. The largest consumption regions globally are Europe and China.
The global market for Electric Oil Pump is dominated by a 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 global Electric Oil Pump market will reach 1060 million US$ by the end of 2025, growing at a CAGR of 22.0% during 2018-2025.
Global Electric Oil Pump Market Research Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 90 pages report.
This market report provides in-depth analytics of the Electric Oil Pump industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Electric Oil Pump market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Rheinmetall Automotive AG
Hitachi Automotive Systems
Mitsubishi Electric Corporation
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
Electric and Hybrid Vehicle
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.
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