At present, automotive engines necessitate extremely big oil flow, particularly at low engine speed, as conventional unregulated pumps direct towards extensive losses at higher speed, since the pump’s output relies on engine speed. For efficient automotive piston lubrication and cooling, automotive variable oil pumps accurately offer the right amount of oil in all circumstances, and additionally assist in reducing torque assimilation in non-critical working points. These pumps also lower fuel consumption and carbon emissions along the way.
The global automotive variable oil pump market hit its US$ 1 Bn mark in 2019, and is expected to record a CAGR of close to 3% during the forecast period (2020-2030).
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Key Takeaways of Automotive Variable Oil Pump Market Study
- Conventional gear pumps controlled with dissipative systems are being substituted by variable oil pumps which could control the pressure and oil flow rate without any energy loss.
- By modulating the oil flow at varying pressures, heat transfer could be optimized in the head and piston of the engine. This ensues in bringing down the development of carbon deposits in the engine. This is one of the foremost aspects which are fueling the need for automotive variable oil pumps.
- Automotive variable oil pumps are capable to support 2% fuel savings on customers’ drive cycles compared to conventional engine oil pumps.
- North America and Western Europe are anticipated to account for a noteworthy share of the global market value by 2030-end.
“An automotive variable oil pump provides better fuel competence and lesser carbon emissions than conventional oil pumps. This attribute is playing a foremost part in optimistically influencing the market development. Also, expanding automotive manufacturing will significantly fuel the automotive variable oil pump market,” says the FMI analyst.
Automotive Variable Oil Pump Market: Players Insights
The global automotive variable oil pump market is fairly consolidated, with the presence of key players that have proficiency in advanced manufacturing processes. Stakeholders in developing markets are slated to increase their business operations as well as expand value-addition in their product offerings via portfolio rationalization. Also, to carry on in the end, product innovation is one of the foremost strategies being accepted by market participants.
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Market players are introducing novel technologies, supported by research & development, to develop automotive variable oil pump that complies with emission norms. A few of the key players in the global automotive variable oil pump market are KSPG AG, Continental AG, Robert Bosch GmbH, and Denso Corporation.
Since disposable income has increased considerably among consumers in developing nations, the need for passenger vehicles has been on a significant rise. The requirement for high-performance automotive vehicles has additionally increased. This has resulted in a surge in the need for automotive variable oil pumps in light and heavy commercial vehicles. Numerous providers have long-term supplier contracts with OEMs, as indicated by their specific requisites. Additionally, as the automotive sector moves ahead with sustainability at the core, market players are turning to hybrid fuels to align with altering industry trends. s
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