NEW YORK, Feb. 23, 2018 (GLOBE NEWSWIRE) -- 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 slump 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 control overall displacement process of vehicle.
Global Automotive Transmission Pump Market is expected to reach USD 49.73 billion by 2022 at a CAGR of 5.43 % Says, Profshare Market Research. 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 of Automotive Transmission Pump. Rising in preference of vehicle engines developed on advanced technologies is propelling fuel in the demand for Automotive Transmission Pump.
Global Automotive Transmission Pump Market: End Users/Application Analysis
Passenger Car & Utility vehicles segment is fastest growing in Global Automobile Industry. Global sales of passenger cars are expected to reach 88.7 million by 2019.With tremendous growth in Automobile industry leads to boost in Global Automotive Transmission Pump Market.
- Passenger Car & Utility vehicles
- Light Commercial Vehicles (LCV) like vans.
- Heavy Commercial Vehicles (HCV) like buses, trucks.
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Global Automotive Transmission Pump Market: Product Type
- Fixed displacement pump
- Variable displacement pump
Global Automotive Transmission Pump Market: End Users/Application Analysis
- Passenger Car & Utility vehicles
- Light Commercial Vehicles (LCV) like vans.
- Heavy Commercial Vehicles (HCV) like buses, trucks.
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Global Automotive Transmission Pump Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Automotive Transmission Pump Market:
- 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
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