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The Global Automotive Pump Market is expected to grow by $ 13.74 bn during 2021-2025 progressing at a CAGR of 4% during the forecast period

ReportLinker
·2-min read

Global Automotive Pump Market 2021-2025 The analyst has been monitoring the automotive pump market and it is poised to grow by $ 13. 74 bn during 2021-2025 progressing at a CAGR of 4% during the forecast period.

New York, Feb. 15, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive Pump Market 2021-2025" - https://www.reportlinker.com/p05251463/?utm_source=GNW
Our report on automotive pump market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth of automotive industry in emerging economies, growth in sales of electronic fuel injected vehicles, and adoption of new or improved emission standards. In addition, growth of automotive industry in emerging economies is anticipated to boost the growth of the market as well.
The automotive pump market analysis includes application segment and geographical landscapes.

The automotive pump market is segmented as below:
By Application
• Passenger cars
• Commercial vehicles

By Geographical Landscapes
• APAC
• North America
• Europe
• MEA
• South America

This study identifies the developments in the field of hydrocarbon evaporation control systems as one of the prime reasons driving the automotive pump market growth during the next few years. Also, focus of OEMs on developing autonomous vehicles and next generation of OBD in automotive fuel injection systems will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive pump market covers the following areas:
• Automotive pump market sizing
• Automotive pump market forecast
• Automotive pump market industry analysis


Read the full report: https://www.reportlinker.com/p05251463/?utm_source=GNW

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