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Electric Oil Pump Market Size, Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Electric Oil Pump Market SizeThe global Electric Oil Pump market was valued at US$ 359.4 million in 2023 and is anticipated to reach US$ 1275.6 million by 2030, witnessing a CAGR of 19.6% during the forecast period 2024-2030.
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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.
The main Electric Oil Pump players include Nidec Corporation, SHW Group, Rheinmetall Automotive AG, AISIN SEIKI, etc. The top three Electric Oil Pump players account for approximately 60% of the total global market. Japan is the largest consumer market for Electric Oil Pump accounting for about 43%, followed by Europe and North America. In terms of Type, Integrated Pump is the largest segment, with a share about 89%. And in terms of Application, the largest application is Start-Stop System, followed by Electric and Hybrid System.
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This report aims to provide a comprehensive presentation of the global market for Electric Oil Pump, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Oil Pump.
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By Type
• Integrated Pump
• Separate Pump
By Application
• Start-Stop System
• Electric and Hybrid System
Key Players
Nidec Corporation, SHW Group, Rheinmetall Automotive AG, AISIN SEIKI, Hanon Systems, Mitsuba Corporation, Sanhua, LG Innotek, Yamada, EMP, Hitachi Automotive Systems, Buehler Motor, Mitsubishi Electric Corporation, EBM Papst, Fuxin Dare, Vitesco Technologies, Bosch, Brose
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