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Table of Contents
The transmission pump is an oil pump that circulates transmission fluid like oil through the valve body of vehicle, which in turn controls the clutches and the bands that control the planetary gear box. Transmission Pump draws oil from a sump in the bottom of the transmission and feeds it to the hydraulic system. It also feeds the transmission cooler and the torque converter. Transmission Pump is one the important part of vehicle as it controls overall displacement process of vehicle.
Technological advancements in automotive pump industry resulted into maximize the influence of Automotive Transmission Pump in boosting the efficiency of vehicles. Automotive pumps can also be used in car’s suspension system which resulted into increase in demand for Automotive Transmission Pump. Rising in preference of vehicle engines developed on advanced technologies is propelling fuel in the demand for Automotive Transmission Pump.
Asia Pacific is the fastest-growing region in the global automobile market with high demand for cars, especially from China and India. In recent years, Automatic transmissions vehicles with advance technologies provide better fuel efficiency and convenience on heavy traffic road. Greater mileage and fuel efficiency offered by automatic transmissions such as continuously variable transmissions (CVTs) is the main factor for growth of Asia Pacific Automotive Transmission Pump Market.
Global Automotive Transmission Pump Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Automotive Transmission Pump Market:
Global Automotive Transmission Pump Market: Application Analysis
Passenger Car & Utility vehicles segment is fastest growing in Global Automobile Industry. Global sales of passenger cars are expected to reach 91 million by 2021.With tremendous growth in Automobile industry leads to boost in Global Automotive Transmission Pump Market.
Global Automotive Transmission Pump Market: Product Type
Global Automotive Transmission Pump Market: Regional Analysis
Global Automotive Transmission Pump Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2019-2024 |
Forecast Data |
2025-2031 |
Base Year Value (2024) |
USD 39108.41 million |
Forecast Value (2031) |
USD 56513.79 million |
CAGR (2025-2031) |
5.4 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Automotive Transmission Pump Market was valued at around USD 39108.41 million in 2024 & is estimated to reach USD 56513.79 million by 2031.
Automotive Transmission Pump Market is likely to grow at Compound Annual Growth Rate (CAGR) of 5.4% between 2025-2031.
Asia Pacific is the fastest-growing region in the global automobile market with high demand for cars, especially from China and India.
Some of the top key players of the Automotive Transmission Pump Market are Powertrain,TRW,Magna,Nidec,Bosch Rexroth,Tsang Yow,Shenglong Group,SHW,Pierburg,Toyo Advanced Technologies,Mahle,Hunan Oil Pump Chang Zheng Power Machine Fitting,Fuxin Dare Automotive Parts,FTE automotive,Johnson Electric,Mitsubishi Electric Corporation,Hitachi,Power & Pumps, Inc.,Rheinmetall Automotive AG,EMP,Cascon
Technological advancements in automotive pump industry resulted into maximize the influence of Automotive Transmission Pump in boosting the efficiency of vehicles.
Yes, the report includes Geopolitical impact on the market.
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