Automotive Electrically Operated Oil Pump Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 7.2 Billion by 2030, growing at a CAGR of 9.5% from 2024 to 2030.
The automotive industry has been undergoing a significant transformation with the rising adoption of electric and hybrid vehicles. One of the critical components contributing to this shift is the automotive electrically operated oil pump. These pumps play a crucial role in optimizing the performance of various vehicle systems, especially in the context of energy efficiency and powertrain functionality. Automotive electrically operated oil pumps are being used in a variety of applications, including traditional internal combustion engines (ICE) and electric vehicles (EVs). This market is expected to grow rapidly due to increased demand for fuel efficiency and reduced emissions. Additionally, rising consumer preferences for electric vehicles and stricter environmental regulations are key drivers of this market's expansion.
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The automotive electrically operated oil pump market is primarily driven by the increasing need for efficient lubrication and cooling in automotive systems, especially with the shift towards electric vehicles and hybrid powertrains. In this market, key applications include internal combustion engines (ICE), start-stop systems, and eDrive systems in electric vehicles. The automotive start-stop system, for instance, ensures that engines automatically turn off and restart when required, reducing fuel consumption and emissions. For electric vehicles, the eDrive system is responsible for distributing power to the electric motors, and an electrically operated oil pump is integral in ensuring that the system operates smoothly under various conditions, enhancing overall vehicle performance.The segment is witnessing rapid growth due to advancements in vehicle electrification technologies, which are pushing for more efficient, lighter, and more integrated systems. Moreover, the growing concern for sustainability and fuel economy has led to automakers prioritizing energy-efficient systems like the electrically operated oil pump. These systems help enhance lubrication during engine startup, lower the risk of wear and tear, and minimize frictional losses in various automotive components. As electric vehicle adoption rises, the demand for electric oil pumps for optimizing lubrication and cooling is expected to witness an upward trajectory. Furthermore, the adoption of hybrid vehicles, which combine both electric and combustion engines, will also see a significant contribution from this segment.
The start-stop system has gained prominence in recent years, particularly in the context of fuel-efficient and environmentally conscious vehicles. This system automatically shuts off the engine when the vehicle is idling and restarts it when the driver engages the accelerator or releases the brake. This process reduces fuel consumption and greenhouse gas emissions, contributing to environmental sustainability. Automotive electrically operated oil pumps play a key role in supporting the smooth operation of these start-stop systems. They provide efficient lubrication during frequent engine starts and stops, ensuring that the engine components remain properly lubricated even in situations where traditional oil pumps would not operate efficiently.With the increasing demand for more fuel-efficient vehicles and strict emission regulations across the globe, automakers are increasingly incorporating start-stop systems in their vehicles, which in turn drives the need for effective lubrication systems. These systems reduce energy losses and enhance engine durability, and the electrically operated oil pump ensures that the lubrication system performs effectively even during engine idle states. This feature makes the system an attractive option for both conventional and electric vehicles, promoting their adoption in the marketplace. The growing consumer demand for lower fuel consumption and carbon emissions is expected to boost the growth of this segment in the automotive electrically operated oil pump market.
The eDrive system in electric vehicles (EVs) is a vital component for managing power distribution from the battery to the electric motors. This system requires a high level of efficiency to ensure optimal performance, particularly with regard to energy conservation and maintaining optimal operating temperatures. The automotive electrically operated oil pump plays a crucial role in supporting the eDrive system by ensuring proper lubrication and cooling of the electric motors, power electronics, and other critical components. By maintaining the right levels of lubrication, these oil pumps help enhance the overall efficiency and reliability of the electric drive system.With the rapid shift towards EVs in recent years, the demand for eDrive systems has surged, which in turn increases the requirement for high-performance electrically operated oil pumps. These systems need to operate efficiently under varying conditions, and an automotive electrically operated oil pump provides the necessary support. The growth of electric vehicle sales and the ongoing efforts by manufacturers to improve EV energy efficiency are set to boost the market for electrically operated oil pumps in the EV eDrive application segment. As the automotive industry continues to focus on creating more energy-efficient, eco-friendly solutions, the demand for these pumps in electric vehicles will only continue to rise.
One of the key trends in the automotive electrically operated oil pump market is the ongoing shift toward electrification, which is driving the need for more efficient and specialized components. Automakers are focusing on electric and hybrid vehicles, and as a result, the demand for components like electrically operated oil pumps is increasing. These pumps are seen as crucial for ensuring the proper functioning of advanced engine systems, including start-stop and eDrive systems. Furthermore, technological advancements in pump design are enabling greater energy efficiency, reduced noise, and increased reliability, which are key requirements for modern automotive systems.Another notable trend is the increasing adoption of electric vehicles globally. With governments around the world pushing for stricter environmental regulations and offering incentives for EV adoption, automakers are investing heavily in the development of electric and hybrid models. This trend is expected to further drive the demand for automotive electrically operated oil pumps, especially for use in the eDrive systems. The trend toward vehicle electrification also influences the development of oil pumps that are more compact, lightweight, and efficient, thus contributing to the overall performance and sustainability of electric vehicles.
The growing demand for electric vehicles presents significant opportunities for the automotive electrically operated oil pump market. As more consumers shift toward EVs, manufacturers are looking for ways to improve the performance and efficiency of electric drive systems, which in turn increases the need for advanced lubrication solutions. Electrically operated oil pumps offer an opportunity to enhance motor performance by providing efficient lubrication and cooling, ultimately extending the lifespan and reliability of electric powertrains. Additionally, the rise of hybrid vehicles, which combine internal combustion engines with electric drive systems, offers another opportunity for the market. These vehicles require efficient lubrication for both engine types, creating a dual demand for electrically operated oil pumps. With the development of advanced hybrid technologies, there is potential for growth in the automotive electrically operated oil pump market, as manufacturers look for cost-effective solutions to meet the needs of both traditional and modern powertrains.
1. What is an automotive electrically operated oil pump?
An automotive electrically operated oil pump is a system that uses electric power to pump oil through various engine components to ensure proper lubrication and cooling, particularly in advanced systems like start-stop and eDrive.
2. Why are electrically operated oil pumps important in electric vehicles?
In electric vehicles, electrically operated oil pumps are crucial for providing lubrication and cooling to electric motors, batteries, and other components, ensuring optimal performance and longevity.
3. How do electrically operated oil pumps improve fuel efficiency?
These pumps optimize the lubrication system, ensuring minimal friction and energy loss, which contributes to improved engine and overall vehicle fuel efficiency.
4. What role does an electrically operated oil pump play in a start-stop system?
In start-stop systems, these pumps ensure that the engine components are properly lubricated during frequent engine startups and shutdowns, maintaining engine efficiency and durability.
5. What are the key drivers of the automotive electrically operated oil pump market?
Key drivers include the rise of electric and hybrid vehicles, increasing demand for fuel efficiency, and the need to reduce emissions and energy consumption in automotive systems.
6. How does an eDrive system benefit from an electrically operated oil pump?
In an eDrive system, these pumps ensure proper lubrication and cooling of electric motors and power electronics, helping to enhance the performance and efficiency of electric vehicles.
7. What are the benefits of using electric oil pumps over mechanical ones?
Electric oil pumps offer better control over oil pressure, are more energy-efficient, and can operate independently of engine speed, offering improved performance and fuel efficiency.
8. Are electrically operated oil pumps used in both hybrid and fully electric vehicles?
Yes, electrically operated oil pumps are used in both hybrid and fully electric vehicles, supporting lubrication needs in both internal combustion engines and electric drivetrains.
9. What are the challenges in the automotive electrically operated oil pump market?
Challenges include high manufacturing costs, integration with existing automotive systems, and ensuring reliability and efficiency under varying operating conditions.
10. What is the future outlook for the automotive electrically operated oil pump market?
The market is expected to grow significantly due to increasing adoption of electric vehicles and hybrid technologies, as well as the demand for more efficient automotive components.
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Nidec Corporation
Sanhua
Rheinmetall Automotive
SHW Group
JTEKT
FTE Automotive
Hanon Systems
AISIN SEIKI
Mitsubishi Electric Corporation
Buehler Motor
Mitsuba Corporation
Youngshin Precision
EMP
Hitachi Astemo
SLPT Automotive
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Electrically Operated Oil Pump Market
Start-Stop System
EV eDrive
Based on Types the Market is categorized into Below types that held the largest Automotive Electrically Operated Oil Pump market share In 2023.
Integrated Pump
Separate Pump
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Automotive Electrically Operated Oil Pump Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Electrically Operated Oil Pump Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Electrically Operated Oil Pump Market, By Type
6. Global Automotive Electrically Operated Oil Pump Market, By Application
7. Global Automotive Electrically Operated Oil Pump Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Electrically Operated Oil Pump Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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