Automotive Pump Market: Efficiency & Electrification Driving Growth by 2035
The Automotive Pump Market, which includes car pumps such as fuel, water, steering, and HVAC pumps, is poised for substantial expansion. According to MarketsandMarkets, the global market is expected to reach USD 12.96 billion by 2035, driven by evolving vehicle technologies and regional demand shifts.
Market Dynamics: ICE + Emerging Electrification
Engine & HVAC pumps lead the segment:...