Electrically Driven Oil Pump Market
Electrically Driven Oil Pump Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Electrically Driven Oil Pump Market Size and Growth
The Electrically Driven Oil Pump market is witnessing significant growth, driven by increasing demand for energy-efficient solutions in various industries. In 2023, the market size is valued at approximately $2.5 billion, with a projected CAGR of around 5.8% through 2030, fueled by advancements in technology and rising environmental regulations. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Nidec Corporation
◍ SHW Group
◍ Rheinmetall Automotive
◍ AISIN SEIKI
◍ Hanon Systems
◍ Sanhua
◍ FTE Automotive
◍ Mitsubishi Electric
◍ Buehler Motor
◍ Mitsuba Corporation
◍ LG Innotek
◍ Yamada
◍ EMP
◍ Hitachi Astemo
◍ EBM Papst
◍ Fuxin Dare
The electrically driven oil pump market features companies like Nidec Corporation and Rheinmetall Automotive, focusing on innovation for efficiency. They enhance vehicle performance and sustainability. For instance, Mitsubishi Electric's sales support growth. Selected company revenues include: Nidec ($15 billion), Hanon Systems ($4.8 billion), and Hitachi Astemo ($6 billion).
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