DUBLIN, May 25, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Automotive Oil Pump Market 2017-2021" report to their offering.
The global automotive oil pump market to grow at a CAGR of 4.31% during the period 2017-2021.
The report, Global Automotive Oil Pump Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in market is low penetration of passenger cars in emerging countries. The sales of automotive oil pumps are highly correlated with the growth in the passenger cars market as all the passenger cars are equipped with automotive oil pumps. Compared with other regions, the penetration of cars in APAC is low, which makes it a favorable market for car OEMs. In 2016, India had one of the lowest car penetrations in the world of about 15 cars per 1,000 people. In the same year, China had a penetration of about 60 cars per 1,000 people and Brazil had 203 cars per 1,000 people.
The developed countries, such as the US, recorded a car penetration of about 800 cars per 1,000 people. The decreased penetration of cars in emerging countries offers ample opportunities for car OEMs to start their business in APAC. The automotive industry is expected to grow in emerging countries like China, India, Brazil, South Korea, Indonesia, and parts of eastern Europe.
- Robert Bosch
- AISIN SEIKI
Other prominent vendors
- Johnson Electric
- Magna International
- Delphi Automotive
- Rheinmetall Automotive
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/x3c5d8/global_automotive
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SOURCE Research and Markets