Automotive Continuously Variable Capacity Oil Pump Market Analysis

Report ID: GMI12541
   |
Published Date: December 2024
 | 
Report Format: PDF

Download Free PDF

Automotive Continuously Variable Capacity Oil Pump Market Analysis

Automotive CVC Oil Pump Market, By Vehicle, 2022 - 2034 (USD Billion)
  • Based on the vehicle, the market is segmented into passenger and commercial vehicles. In 2024, the passenger segment accounted for over 70% of the market share and is expected to exceed USD 8 billion by 2034.
     
  • The passenger vehicle segment has the largest share of the automotive continuously variable capacity oil pump market when compared with commercial vehicles. CVC oil pumps have great potential for adoption given the oil pumping cars account for the largest share of global automotive demand and increase adoption fuel economy technology, as well as enhance compliance with oil spill emission restriction regulations.
     
  • Furthermore, this dominance is also a consequence of the strong preference for hybrid and electric-powered passenger cars that efficiently engines thermal and lubrication oil pumps. Manufacturers are progressively onboarding oil pumps with variable capacity to enhance the oil supply of passenger vehicles to improve performance and satisfy the increasing market need for sustainability. The segment’s applications and the firm’s clients are so numerous that the market-leading position is guaranteed.
     
Automotive CVC Oil Pump Market Revenue Share, By Sales Channel, 2024
  • Based on the sales channel, the automotive continuously variable capacity oil pump market is divided into OEM and aftermarket. The OEM segment held above 85% of the market share in 2024.
     
  • The OEM segment leads in terms of market share since it forms an integral part of the vehicle manufacturing process. OEMs design mass-market vehicles, which include the application of CVC oil pumps into the vehicles’ engines to increase fuel efficiency while minimizing emissions.
     
  • These manufacturers possess the scope and capability to deploy state-of-the-art technologies, which are important to conform to tightening market regulations. In addition, OEMs have established strong relationships with suppliers to obtain appropriate solutions that improve vehicle performance, which makes them important stakeholders for market expansion.
     
  • The supremacy of OEMs was also a function of their capability of determining the design parameters of the vehicles to be made, thereby ensuring that CVC oil pumps are included in most modern powertrains. OEMs are the leaders in integrating sophisticated components because the industry focus is shifting towards sustainable and high-performing vehicles.
     
China Automotive CVC Oil Pump Market Size, 2022- 2034 (USD Billion)
  • In 2024, the China automotive continuously variable capacity oil pump market accounted for 60% revenue share in Asia Pacific and is expected to exceed USD 2.5 billion by 2034. China leads in the market owing to their standing in the global automotive production industry. The country has an expanding automotive market, which has vigorous growth for moderate and green vehicles, compelling car makers to embrace new technologies such as CVC oil pumps. China’s emphasis on hybrid vehicles also further necessitates the application of oil pumps in powertrains.
     
  • Furthermore, effective government interventions through tax reliefs and policies regulating motor vehicle CVC oil pumps manufacturing technologies facilitate the advancement of this market. The presence of large foreign automotive producers and suppliers in China allows for mass production of CVC oil pumps, thus making the market very competitive for CVC oil pump manufacturers. The presence of an ample market for automobiles in China also contributes to its supremacy position in the world CVC oil pump market.
     
  • Tight emission compliance and faster adoption of electric and hybrid cars drive the European market for Automotive Continuously Variable Capacity (CVC) Oil Pumps. More developed regions like Germany, France, and the UK have taken the lead in the use of advanced automotive technologies including CVC oil pumps, to satisfy EU regulations on fuel economy and emissions.
     
  • In addition, the region’s automotive market, which includes important producers like Volkswagen, BMW, and Daimler, is now paying more attention to sustainable development strategies, increases the market supply of CVC oil pumps. The increasing electrification of vehicles also creates a market for efficient thermal and lubrication systems. In addition, the European automotive continuously variable capacity oil pump market gives these countries an edge because there is a lot of investment in R&D in automotive technologies that aim to reduce the carbon footprint of motor vehicles.
     
  • In the U.S. and Canada, the automotive industry is on a trajectory that favors CVC oil pumps due to the influx in demand for fuel-efficient and ecological-friendly technologies. For one, there has been an increase in the production of hybrid and electric vehicles.
     
  •  These pumps are incredibly innovative and help manufacturers meet the regulations imposed by the EPA. It is also worth noting that the United States holds synonymous connotations with cutting-edge advancements in the industry, which is heavily why Ford, General Motors, and Tesla are now integrating these pumps into their powertrains as well. Finally, the demand for these pumps in new-age and traditional vehicles is also increasing due to the need for improved vehicle performance and reduced CO2 emissions.
Authors: Preeti Wadhwani, Satyam Jaiswal
Frequently Asked Question(FAQ) :
How big is the automotive continuously variable capacity oil pump market?
The market size of automotive continuously variable capacity oil pump reached USD 9.3 billion in 2024 and is set to grow at a 3.8% CAGR from 2025 to 2034, driven by increasing emphasis on fuel efficiency and emission reduction regulations.
What is the projected market size of the passenger vehicle segment by 2034?
How much is the China automotive continuously variable capacity oil pump industry worth?
Who are the major players in the automotive continuously variable capacity oil pump market?
Related Reports
    Authors: Preeti Wadhwani, Satyam Jaiswal
    Buy Now
    $4,123 $4,850
    15% off
    $4,840 $6,050
    20% off
    $5,845 $8,350
    30% off
        Buy now
    Premium Report Details

    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 200

    Countries covered: 21

    Pages: 180

    Download Free PDF

    Top