| Product Code: ETC5888288 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for automotive pumps in 2024 experienced a notable decline of -23.73% compared to the previous year, despite a strong compound annual growth rate (CAGR) of 39.16% from 2020 to 2024. This dip in import momentum could be attributed to shifts in demand, changes in trade policies, or temporary market instability.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Automotive Pumps Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Automotive Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Automotive Pumps Market - Industry Life Cycle |
3.4 Armenia Automotive Pumps Market - Porter's Five Forces |
3.5 Armenia Automotive Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Automotive Pumps Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
3.7 Armenia Automotive Pumps Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Armenia Automotive Pumps Market Revenues & Volume Share, By Displacement, 2021 & 2031F |
3.9 Armenia Automotive Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Armenia Automotive Pumps Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Armenia Automotive Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for fuel-efficient vehicles in Armenia |
4.2.2 Increasing investments in automotive sector leading to technological advancements in pumps |
4.2.3 Government initiatives promoting the use of electric vehicles |
4.3 Market Restraints |
4.3.1 High initial costs associated with advanced automotive pump technologies |
4.3.2 Volatile raw material prices impacting pump manufacturing costs |
4.3.3 Lack of skilled workforce for advanced pump technologies |
5 Armenia Automotive Pumps Market Trends |
6 Armenia Automotive Pumps Market Segmentations |
6.1 Armenia Automotive Pumps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Automotive Pumps Market Revenues & Volume, By Fuel pump, 2021-2031F |
6.1.3 Armenia Automotive Pumps Market Revenues & Volume, By Fuel injection pump, 2021-2031F |
6.1.4 Armenia Automotive Pumps Market Revenues & Volume, By Water pump, 2021-2031F |
6.1.5 Armenia Automotive Pumps Market Revenues & Volume, By Windshield pump, 2021-2031F |
6.1.6 Armenia Automotive Pumps Market Revenues & Volume, By Steering pump, 2021-2031F |
6.1.7 Armenia Automotive Pumps Market Revenues & Volume, By Transmission oil pump, 2021-2031F |
6.1.9 Armenia Automotive Pumps Market Revenues & Volume, By Headlight washer pump, 2021-2031F |
6.1.10 Armenia Automotive Pumps Market Revenues & Volume, By Headlight washer pump, 2021-2031F |
6.2 Armenia Automotive Pumps Market, By Electric Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Automotive Pumps Market Revenues & Volume, By BEV, 2021-2031F |
6.2.3 Armenia Automotive Pumps Market Revenues & Volume, By FCEV, 2021-2031F |
6.2.4 Armenia Automotive Pumps Market Revenues & Volume, By HEV, 2021-2031F |
6.2.5 Armenia Automotive Pumps Market Revenues & Volume, By PHEV, 2021-2031F |
6.3 Armenia Automotive Pumps Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Armenia Automotive Pumps Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.3.3 Armenia Automotive Pumps Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.3.4 Armenia Automotive Pumps Market Revenues & Volume, By Heavy Commercial Vehicles, 2021-2031F |
6.3.5 Armenia Automotive Pumps Market Revenues & Volume, By Based on technology, 2021-2031F |
6.3.6 Armenia Automotive Pumps Market Revenues & Volume, By Electric, 2021-2031F |
6.3.7 Armenia Automotive Pumps Market Revenues & Volume, By Mechanical, 2021-2031F |
6.4 Armenia Automotive Pumps Market, By Displacement |
6.4.1 Overview and Analysis |
6.4.2 Armenia Automotive Pumps Market Revenues & Volume, By Variable displacement, 2021-2031F |
6.4.3 Armenia Automotive Pumps Market Revenues & Volume, By Fixed displacement, 2021-2031F |
6.4.4 Armenia Automotive Pumps Market Revenues & Volume, By Based on off-highway vehicles, 2021-2031F |
6.4.5 Armenia Automotive Pumps Market Revenues & Volume, By Construction equipment, 2021-2031F |
6.4.6 Armenia Automotive Pumps Market Revenues & Volume, By Mining equipment, 2021-2031F |
6.5 Armenia Automotive Pumps Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Armenia Automotive Pumps Market Revenues & Volume, By Body & Interior, 2021-2031F |
6.5.3 Armenia Automotive Pumps Market Revenues & Volume, By Engine & HVAC, 2021-2031F |
6.5.4 Armenia Automotive Pumps Market Revenues & Volume, By Powertrain, 2021-2031F |
6.6 Armenia Automotive Pumps Market, By Sales Channel |
6.6.1 Overview and Analysis |
6.6.2 Armenia Automotive Pumps Market Revenues & Volume, By OEM, 2021-2031F |
6.6.3 Armenia Automotive Pumps Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Armenia Automotive Pumps Market Import-Export Trade Statistics |
7.1 Armenia Automotive Pumps Market Export to Major Countries |
7.2 Armenia Automotive Pumps Market Imports from Major Countries |
8 Armenia Automotive Pumps Market Key Performance Indicators |
8.1 Average age of vehicles in Armenia |
8.2 Adoption rate of electric vehicles in the automotive market |
8.3 Number of research and development collaborations in the automotive pump sector |
9 Armenia Automotive Pumps Market - Opportunity Assessment |
9.1 Armenia Automotive Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Automotive Pumps Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
9.3 Armenia Automotive Pumps Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Armenia Automotive Pumps Market Opportunity Assessment, By Displacement, 2021 & 2031F |
9.5 Armenia Automotive Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Armenia Automotive Pumps Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Armenia Automotive Pumps Market - Competitive Landscape |
10.1 Armenia Automotive Pumps Market Revenue Share, By Companies, 2024 |
10.2 Armenia Automotive Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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