The report " Automotive Pump Market by Type ( Fuel Pump , Water Pump , Vacuum Pump , Fuel Injection Pump , Steering Pump , & Headlight Washer Pump ), Technology , Displacement , Vehicle Application , Electric Vehicle & Region ", is projected to grow at a CAGR of 6.9 % from USD 12.7 billion in 2020 to USD 17.7 billion by 2025 .
The major factors driving the growth of the market are fluctuating fuel prices that have increased the demand for fuel-efficient vehicles and increasing pressure on automakers to comply with the emission norms . In addition , the consistent growth in the demand for passenger cars is likely to trigger the growth of the automotive pump market during the forecast period . Also , heavy investments in R & D activities by vehicle manufacturers to develop efficient fluid technology for automotive are expected to push the growth of the market . Infrastructural development in emerging countries is expected to drive the growth of commercial vehicles , which in turn would boost the demand for automotive pumps .