자동차 전기 오일 펌프 시장 전망(-2030년) : 제품 유형별, 전기자동차 유형별, 차량 유형별, 용량 유형별, 추진 유형별, 판매 채널별, 윤활 시스템별, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Automotive Electric Oil Pump Market is accounted for $1.62 billion in 2023 and is expected to reach $7.70 billion by 2030 growing at a CAGR of 24.9% during the forecast period. Automotive electric oil pumps are essential parts of contemporary engines, especially in electric and hybrid cars where conventional engine-driven pumps are either nonexistent or used sparingly. The purpose of these small, effective pumps is to move oil throughout the engine, keeping important parts like pistons, cylinders, and bearings properly lubricated and cooled. Moreover, they provide exact control over oil flow, maximizing engine performance and fuel efficiency because they are electrically powered.

According to the Society of Automotive Engineers (SAE), electric oil pumps are becoming increasingly prevalent in modern vehicles, offering improved efficiency and control over lubrication systems, particularly in hybrid and electric vehicles where traditional engine-driven pumps may not be present or as effective.

Market Dynamics:

Driver:

Rising interest in fuel-efficient automobiles

Growing concerns about environmental sustainability and the need to reduce fuel consumption are driving a significant shift in the automotive industry toward fuel-efficient vehicles. By optimizing engine lubrication and minimizing parasitic losses connected with conventional engine-driven pumps, electric oil pumps significantly increase the fuel efficiency of automobiles. Furthermore, the need for automotive electric oil pumps is predicted to increase in tandem with consumers' preference for fuel economy when making vehicle purchases.

Restraint:

Issues with durability and reliability

In the automobile industry, worries about the dependability and longevity of electric oil pumps endure in spite of technological progress. Demanding operating circumstances for electric oil pumps include high temperatures, vibrations, and fluctuating loads. For manufacturers, ensuring these pumps' long-term dependability and durability in such circumstances is still a major challenge. Additionally, any malfunction or failure of the electric oil pump may result in serious engine problems, which may require expensive repairs and prolonged vehicle downtime. Therefore, the key to getting past this limitation is to improve the durability and dependability of electric oil pump systems.

Opportunity:

Growing use of plug-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs)

The market for automotive electric oil pumps is expected to witness substantial growth due to the growing inclination towards electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs). Electric oil pumps are predicted to become more and more in demand as the automotive sector electrifies in order to comply with increasingly stringent emissions regulations and consumer demand for greener modes of transportation. Moreover, electric oil pumps are necessary for lubricating and cooling these vehicles, which creates a lucrative market for manufacturers.

Threat:

Increasing market saturation and competition

The emergence of new competitors and the growth of established manufacturers have resulted in increased competition in the automotive electric oil pump market. Organizations encounter difficulties in preserving profitability and market share as the industry grows more crowded. Price wars brought on by intense rivalry can reduce profit margins and impede R&D spending. Furthermore, the competitive environment may become even more complex as established firms may come under attack from up-and-coming businesses that present disruptive technologies or creative business strategies.

Covid-19 Impact:

The COVID-19 pandemic has caused significant disruptions in supply chains, consumer demand, and production in the automotive electric oil pump market. Automobile manufacturing plants were temporarily closed as lockdowns and restrictions were imposed worldwide to stop the virus's spread, which resulted in a sharp drop in production volumes. Disruptions to the supply chain, such as shortages of components and raw materials, made it harder for the sector to meet demand. Additionally, a slowdown in the sales of vehicles occurred during the pandemic due to economic uncertainties and lower consumer spending, especially for non-essential items like electric and hybrid vehicles.

The Hybrid Electric Vehicle segment is expected to be the largest during the forecast period

In the automotive electric oil pump market, the hybrid electric vehicle segment currently holds the largest share. Electric oil pumps are utilized by hybrid electric vehicles (HEVs) to enhance engine efficiency and facilitate hybrid powertrain functions. HEVs combine an internal combustion engine with electric propulsion. Because of strict emissions regulations and growing consumer demand for fuel-efficient transportation options, hybrid vehicles have become increasingly popular and are driving this segment's dominance. Moreover, higher-end vehicles (HEVs) are a major factor driving growth in the automotive electric oil pump market because they can benefit from electric oil pump versatility in terms of enhancing overall vehicle performance and lowering environmental impact.

The Transmission Oil Pump segment is expected to have the highest CAGR during the forecast period

In the automotive electric oil pump market, it is anticipated that the transmission oil pump segment will grow at the highest CAGR. The growing market for electric transmission oil pumps is being driven by the rising demand for automatic transmissions, especially in hybrid and electric vehicles. In automatic transmission systems, these pumps are essential for maintaining appropriate fluid pressure and lubrication, which guarantees seamless gear shifts and general driveability. The use of electric oil pumps in transmission systems is also being fueled by developments in transmission technology, such as dual-clutch and continuously variable transmissions (DCTs). Furthermore, the increasing popularity of electric vehicles, which frequently have sophisticated transmission systems that profit from the efficiency and control provided by electric oil pumps, is another factor contributing to the segment's strong growth.

Region with largest share:

With respect to the automotive electric oil pump market, the Asia-Pacific region holds the largest share. Numerous factors contribute to this dominance, including the strong auto industry in nations like South Korea, Japan, and China, which are top producers of hybrid and electric cars. The adoption of automotive electric oil pumps is being driven by the region's rapid urbanization, rising disposable incomes, and growing consumer demand for fuel-efficient vehicles. Additionally, Asia-Pacific has a sizable market share in the automotive electric oil pump segment thanks to favourable government policies and incentives encouraging the adoption of electric vehicles, as well as the presence of important auto component manufacturers in the region.

Region with highest CAGR:

The automotive electric oil pump market is growing at the highest CAGR in the North American region. Numerous factors, such as the growing popularity of hybrid and electric cars, stricter emission laws, and improvements in automotive technology, are responsible for this growth. The availability of charging infrastructure, government incentives, and environmental consciousness are all contributing to the rapid uptake of electric vehicles in North America. Electric oil pumps are in high demand because local automakers are spending a lot of money on R&D to improve the performance and efficiency of their vehicles. Furthermore, the region's automotive electric oil pump market has grown significantly due to the presence of major automakers and suppliers as well as a growing focus on sustainable mobility solutions.

Key players in the market

Some of the key players in Automotive Electric Oil Pump market include Denso Corporation, Robert Bosch GmbH, Engineered Machined Products (EMP), Continental AG, Eaton Corporation, Aisin Seiki Co., Ltd., Hitachi, Ltd., Johnson Electric Holdings Limited, Delphi Automotive PLC, FTE Automotive, HUSCO Automotive, LLC, Mitsubishi Electric Corporation, BorgWarner Inc., Mikuni American Corporation, Rheinmetall Automotive AG, Magna International, Nidec Corporation and MAHLE Group.

Key Developments:

In February 2024, Bosch Engineering GmbH and EDAG Engineering GmbH have signed a memorandum of understanding regarding project-based collaboration in complete vehicle engineering. With this agreement, the companies have declared their intention to offer their competencies jointly to the market in the future in order to complement each other's expertise in the best way possible.

In November 2023, Hitachi Systems India Pvt. Ltd., a wholly owned subsidiary of Hitachi Systems announced their agreement with Cyemptive Technologies, Inc., an award-winning provider of preemptive cybersecurity solutions for business and government, to jointly provide Cyemptive Technology's next-generation cybersecurity innovations, including on-demand, end-to-end secure platform solutions, to Hitachi Systems India's Southeast Asia/Middle East and India customers.

In September 2023, Intelligent power management company Eaton today announced an exclusive global alliance with Michigan-based technology developer Traxen to sell, distribute, service, and provide installation support for their cutting-edge iQ-Cruise(R) system. This collaboration aims to support the commercial transportation industry by improving fuel efficiency and environmental sustainability while helping fleet profitability.

Products Covered:

• Separate Pump
• Integrated Pump
• Other Products

Electric Vehicle Types Covered:

• Battery Electric Vehicle
• Hybrid Electric Vehicle
• Plug-in Hybrid Electric Vehicle
• Other Electric Vehicle Types

Vehicle Types Covered:

• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Bus and Coach
• Off-road Vehicle
• Other Vehicle Types

Displacement Types Covered:

• Fixed Displacement
• Variable Displacement

Propulsion Types Covered:

• Internal Combustion Engine (ICE) Vehicle
• Electric
• Other Propulsion Types

Sales Channels Covered:

• Original Equipment Manufacturers (OEMs)
• Aftermarket

Lubrication Systems Covered:

• Wet Sump Lubrication
• Dry Sump Lubrication

Applications Covered:

• Transmission Oil Pump
• Engine Oil Pump
• Brake Oil Pump
• Steering Pump
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Automotive Electric Oil Pump Market, By Product

• 5.1 Introduction
• 5.2 Separate Pump
• 5.3 Integrated Pump
• 5.4 Other Products

6 Global Automotive Electric Oil Pump Market, By Electric Vehicle Type

• 6.1 Introduction
• 6.2 Battery Electric Vehicle
• 6.3 Hybrid Electric Vehicle
• 6.4 Plug-in Hybrid Electric Vehicle
• 6.5 Other Electric Vehicle Types

7 Global Automotive Electric Oil Pump Market, By Vehicle Type

• 7.1 Introduction
• 7.2 Passenger Vehicle
  • 7.2.1 Hatchback
  • 7.2.2 Sedan
  • 7.2.3 Utility Vehicle
• 7.3 Light Commercial Vehicle
• 7.4 Heavy Commercial Vehicle
• 7.5 Bus and Coach
• 7.6 Off-road Vehicle
• 7.7 Other Vehicle Types

8 Global Automotive Electric Oil Pump Market, By Displacement Type

• 8.1 Introduction
• 8.2 Fixed Displacement
• 8.3 Variable Displacement

9 Global Automotive Electric Oil Pump Market, By Propulsion Type

• 9.1 Introduction
• 9.2 Internal Combustion Engine (ICE) Vehicle
  • 9.2.1 Diesel
  • 9.2.2 Gasoline
• 9.3 Electric
  • 9.3.1 Battery Electric Vehicle
  • 9.3.2 Hybrid and Plug-in Electric Vehicle
• 9.4 Other Propulsion Types

10 Global Automotive Electric Oil Pump Market, By Sales Channel

• 10.1 Introduction
• 10.2 Original Equipment Manufacturers (OEMs)
• 10.3 Aftermarket

11 Global Automotive Electric Oil Pump Market, By Lubrication System

• 11.1 Introduction
• 11.2 Wet Sump Lubrication
• 11.3 Dry Sump Lubrication

12 Global Automotive Electric Oil Pump Market, By Application

• 12.1 Introduction
• 12.2 Transmission Oil Pump
• 12.3 Engine Oil Pump
• 12.4 Brake Oil Pump
• 12.5 Steering Pump
• 12.6 Other Applications

13 Global Automotive Electric Oil Pump Market, By Geography

• 13.1 Introduction
• 13.2 North America
  • 13.2.1 US
  • 13.2.2 Canada
  • 13.2.3 Mexico
• 13.3 Europe
  • 13.3.1 Germany
  • 13.3.2 UK
  • 13.3.3 Italy
  • 13.3.4 France
  • 13.3.5 Spain
  • 13.3.6 Rest of Europe
• 13.4 Asia Pacific
  • 13.4.1 Japan
  • 13.4.2 China
  • 13.4.3 India
  • 13.4.4 Australia
  • 13.4.5 New Zealand
  • 13.4.6 South Korea
  • 13.4.7 Rest of Asia Pacific
• 13.5 South America
  • 13.5.1 Argentina
  • 13.5.2 Brazil
  • 13.5.3 Chile
  • 13.5.4 Rest of South America
• 13.6 Middle East & Africa
  • 13.6.1 Saudi Arabia
  • 13.6.2 UAE
  • 13.6.3 Qatar
  • 13.6.4 South Africa
  • 13.6.5 Rest of Middle East & Africa

14 Key Developments

• 14.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 14.2 Acquisitions & Mergers
• 14.3 New Product Launch
• 14.4 Expansions
• 14.5 Other Key Strategies

15 Company Profiling

• 15.1 Denso Corporation
• 15.2 Robert Bosch GmbH
• 15.3 Engineered Machined Products (EMP)
• 15.4 Continental AG
• 15.5 Eaton Corporation
• 15.6 Aisin Seiki Co., Ltd.
• 15.7 Hitachi, Ltd.
• 15.8 Johnson Electric Holdings Limited
• 15.9 Delphi Automotive PLC
• 15.10 FTE Automotive
• 15.11 HUSCO Automotive, LLC
• 15.12 Mitsubishi Electric Corporation
• 15.13 BorgWarner Inc.
• 15.14 Mikuni American Corporation
• 15.15 Rheinmetall Automotive AG
• 15.16 Magna International
• 15.17 Nidec Corporation
• 15.18 MAHLE Group