Automotive Pumps Market Projected to reach $18.0 billion by 2027

Automotive Pumps Market

The global automotive pumps market is projected to grow at a CAGR of 4.1% during the forecast period, to reach USD 18.0 billion by 2027 from an estimated USD 14.8 billion in 2022. The major factors driving the growth of the market are fluctuating fuel …

Automotive Pumps Market Growth and Forecast 2021-2026

Automotive Pump Market

Automotive pumps perform different functions including raising, compressing, or transferring fluids by mechanical action and facilitating the circulation of fluids around a system for a vehicle’s operational performance. The rapidly evolving automotive industry has provided advanced solutions in fluid dynamics for automotive applications. The global …