The automotive transmission pump is a hydraulic pump used to deliver transmission oil (ATF oil) to various components inside the transmission to achieve shifting and other functions of the transmission. It can also provide lubrication and cooling for the transmission to maintain its normal operation.
The automotive transmission pump market is an important component of the automotive parts market. In recent years, due to the increase in global car ownership and the continuous upgrading of automotive technology, the automotive transmission pump market has shown a steady growth trend. According to our research data, the total revenue of the global automotive transmission pump market is expected to reach $9108 million in 2023, among which the segmented market revenue of variable displacement pumps is estimated to reach $6326 million, and the market share is expected to reach 69.45%, occupying a dominant position.
In the coming years, with the continuous development of the automotive industry and the improvement of environmental requirements, its market will continue to expand. It is expected that the total revenue of the global automotive transmission pump market will reach $9800 million by 2025.
Global Automotive Transmission Pump Market Revenue Forecast and Market Share by Type
Source: www.globalmarketmonitor.com
From the perspective of market competition patterns, the concentration of the global transmission pump market is moderate. Data shows that in 2020, the total production value of automotive transmission pumps by the top 3 enterprises in the industry was $2414.2 million, accounting for 29.48% of the market. The total production value of the top 6 enterprises was 3440.7 million, with a total share of 42.01%. The top three companies in the rankings were Bosch Rexroth, Magna, and ZF Friedrichshafen AG. In 2020, the three companies accounted for 13.49%, 10.04%, and 5.95% of the global market production of automotive transmission pumps, respectively.
Automotive Transmission Pump Production Value and Share of Main Enterprises in 2020
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Enterprises
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Production Value (Million USD)
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Production Value Share
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Bosch Rexroth
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1105.1
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13.49%
|
|
Magna
|
822.1
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10.04%
|
|
Rheinmetall Automotive AG
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487.0
|
5.95%
|
|
Top3
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2414.2
|
29.48%
|
|
Top6
|
3440.7
|
42.01%
|
Source: www.globalmarketmonitor.com
In the future, with the continuous updates and upgrades of technology, the development of the global automotive transmission pump market will show the following trends:
Electrification trend: With the strengthening of environmental protection policies and the continuous development of technology, the market share of electric vehicles will gradually increase. This will lead to a gradual decrease in the demand for transmission oil pumps used in traditional fuel vehicles, while the demand for electronic oil pumps used in electric vehicles will gradually increase. This is an important opportunity for enterprises with specialized oil pump technology for electric vehicles.
Modular design: To improve production efficiency, reduce costs, and facilitate maintenance, automobile manufacturers are promoting modular design. This design can integrate multiple components into one module, thereby reducing the number and complexity of components. This will also affect the design and production of the transmission oil pump.
Intelligence: With the development of the Internet of Things and artificial intelligence technology, the transmission pump will gradually become intelligent. The intelligent transmission pump can monitor the running status of the vehicle in real-time and transmit data to the owner or service center, thereby providing more accurate services.
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