About High Pressure Oil Pump
Oil pump is an internal combustion engine that circulates oil to the different parts of the engine. Primarily it is used for lubrication to the entire engine including sliding pistons, rotating bearings, and camshaft. A high-pressure oil pump fires high-pressure oil to the fuel injectors and keeps the engine cold and prevents from damage. The growing demand to reduce energy loss and improve fuel economy in vehicles accelerated the demand for high-pressure oil pumps.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.2% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global High Pressure Oil Pump market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Robert Bosch (Germany), Interpump Group S.p.A. (Italy), Melling (United States), Brinkmann Pumps (Germany), Hydro-Pac, Inc. (United States), Teikoku Electric Mfg. Co., Ltd. (Japan), BWD (United States), KAMAT GmbH & Co. KG (Germany) and Resato International (Netherlands) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Swamps Motorsports (United States), Milodon (United States) and Summit Racing Equipment (United States).
Segmentation Overview
AMA Research has segmented the market of Global High Pressure Oil Pump market by Type (Standard-volume and High-volume), Application (Automotive, Construction, Energy & Utilities and Industrial) and Region.
On the basis of geography, the market of High Pressure Oil Pump has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Engine Type, the sub-segment i.e. Diesel Engine will boost the High Pressure Oil Pump market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Focus on Improvement and Innovation of High-Pressure Oil Pump to Operate at High Temperature
Market Growth Drivers:
Need for High-Pressure Oil Pumps to Reduce Energy Loss and Prevent Engine Damage and Increasing Use of High-Pressure Pumps in Racing Engines and High-RPM Applications
Challenges:
High-Pressure Oil Pump Cause Drainback or Oil Control Problems
Restraints:
Growing Adoption of Electric Machinery in the Industrial Segment
Opportunities:
Increasing Demand of High-Pressure Oil Pump for Diesel Engine
Market Leaders and their expansionary development strategies
In August 2021, Eaton Corporation and Daikin Industries, Ltd. announced a strategic partnership to develop and commercialize next-generation electric vehicle (EV) thermal management systems, which could involve high-pressure oil pumps for EV cooling
In February 2022, Parker Hannifin introduced its VQ Series 31 high-performance vane pumps designed for demanding industrial applications
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, High-Pressure Oil Pump Manufacturers, Suppliers and Distributors of High-Pressure Oil Pump, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.