AUTOMOTIVE PUMPS MARKET ANALYSIS

Market News

Global Automotive Pumps Market: Key Developments

• Aisin Seiki, a major automotive parts manufacturer, focused on the development of multi-fuel pumps in 2020 and 2021. The company expanded its pump offerings to cater to vehicles running on alternative fuels, such as hydrogen and natural gas. Aisin's multi-fuel pumps provided versatility to automakers and supported their efforts to diversify fuel options.
• Valeo, a leading automotive technology supplier, made strides in digitalization and IoT integration during these years. The company incorporated IoT technology into its automotive pumps, enabling real-time monitoring and data analytics. Valeo's IoT-enabled pumps allowed for predictive maintenance and optimized pump performance, enhancing the overall efficiency of vehicles.
• Mahle, a global automotive parts supplier, focused on developing lightweight pump solutions during 2020 and 2021. The company explored the use of advanced lightweight materials in pump design to contribute to vehicle lightweighting initiatives. Mahle's lightweight pumps aimed to improve fuel efficiency and reduce emissions.
• In 2020, GKN Automotive, a leader in driveline and electric vehicle technologies, worked on strengthening its supply chain resilience during these years. The company optimized its supply chain processes and established strategic partnerships with suppliers to mitigate disruptions and enhance supply chain performance.