Market Forecast By Type (Fuel pump, Fuel injection pump, Water pump, Windshield pump, Steering pump, Transmission oil pump, Vacuum pump, Headlight washer pump), By Electric Vehicle Type (BEV, FCEV, HEV, PHEV), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Based on technology, Electric, Mechanical), By Displacement (Variable displacement, Fixed displacement, Based on off-highway vehicles, Construction equipment, Mining equipment), By Application (Body & Interior, Engine & HVAC, Powertrain), By Sales Channel (OEM, Aftermarket) And Competitive Landscape
Product Code: ETC4574029 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | South Africa Automotive Pumps Market |
Forecast period | 2025-2031 |
CAGR | 5.7% |
Growing Sector | Automotive |
The South Africa Automotive Pumps Market Report thoroughly covers the market by type, by electric vehicle type, by vehicle type, by displacement, by application and by sales channel. The South Africa Automotive Pumps Market Outlook report provides an unbiased and detailed analysis of the ongoing South Africa Automotive Pumps Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The South Africa Automotive Pumps Market is witnessing strong expansion, fueled by rising interest in both passenger and commercial vehicles. The market's value is projected to hit USD 1.41 billion by 2025. This growth is driven by the flourishing automotive sector, increased consumer spending power, and government efforts to bolster domestic manufacturing. Furthermore, advancements in pump technology are contributing to the market's growth by enabling more efficient and environmentally friendly solutions.
According to 6Wresearch, South Africa Automotive Pumps Market size is projected to rise at a CAGR of 5.7% during 2025-2031. One of the major drivers of this market is the increasing demand for vehicles across the country, spanning passenger cars, commercial vehicles, and two-wheelers. As the economy grows and more people can afford personal transportation, the need for automotive pumps to maintain vehicle performance rises. Advancements in technology and stricter emission standards also fuel demand for more efficient and eco-friendly pumps. Furthermore, the uptick in aftermarket sales of automotive parts and accessories adds to market growth. However, there are also challenges faced by this market, such as increasing competition from international manufacturers, rising production costs due to inflation and labour expenses, as well as changing government regulations and policies. Additionally, fluctuating raw material prices and a slowdown in economic growth may also hinder the market's growth prospects.
Some key players in the South Africa Automotive Pumps market include Bosch, Delphi Technologies, Valeo SA, Denso Corporation, and Continental AG. These companies are major players in the market and hold a significant share of the automotive pumps industry in South Africa.
The South Africa Automotive Pumps Market has experienced notable growth, largely due to government initiatives. Schemes like the Automotive Production and Development Programme (APDP) aim to bolster local production and increase job opportunities in the automotive sector. The government has also improved infrastructure and created an attractive investment climate for foreign companies entering the South African market. These efforts have not only benefited the automotive pumps market but have also contributed to overall economic growth. Additionally, government support and partnerships with local manufacturers have driven technological advancements and innovation in the industry, enhancing its global competitiveness. In summary, government involvement has played a pivotal role in the advancement of the South Africa Automotive Pumps Market.
The automotive pumps market in South Africa is poised for significant growth in the upcoming years, fueled by rising vehicle demand and technological advancements. This growth is supported by the presence of automotive manufacturing units in South Africa and increased investments in research and development for more efficient and environmentally friendly pumps. Government initiatives like the Automotive Production and Development Programme (APDP) are also expected to bolster market expansion. Consequently, South Africa is anticipated to emerge as a key player in the global automotive pumps industry.
According to Dhaval, Research Manager, 6Wresearch, the Fuel Pump segment dominated this industry. However, with the rising focus on reducing emissions and improving fuel economy, the fuel injection pump segment is projected to dominate in the coming years. This can be attributed to its ability to deliver precise amounts of fuel directly into the engine, resulting in improved fuel efficiency.
In the South Africa Automotive Pumps industry, with the growing demand for electric vehicles (EVs), it is expected that the BEV (Battery Electric Vehicle) segment will significantly dominate the automotive pumps market. This can be attributed to the government's efforts towards promoting clean and sustainable transportation, as well as the increasing consumer demand for EVs.
In terms of vehicle type, passenger cars currently dominate the industry in terms of type. However, with the growing demand for electric vehicles and advancements in technology, it is projected that the electric segment will overtake the mechanical segment in the coming years. This shift towards more environmentally friendly and efficient vehicles is expected to drive growth in the electric automotive pumps market in South Africa.
The report offers a comprehensive study of the subsequent market segments:
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 South Africa Automotive Pumps Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Automotive Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 South Africa Automotive Pumps Market - Industry Life Cycle |
3.4 South Africa Automotive Pumps Market - Porter's Five Forces |
3.5 South Africa Automotive Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Africa Automotive Pumps Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
3.7 South Africa Automotive Pumps Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 South Africa Automotive Pumps Market Revenues & Volume Share, By Displacement, 2021 & 2031F |
3.9 South Africa Automotive Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 South Africa Automotive Pumps Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 South Africa Automotive Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Automotive Pumps Market Trends |
6 South Africa Automotive Pumps Market, By Types |
6.1 South Africa Automotive Pumps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Africa Automotive Pumps Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 South Africa Automotive Pumps Market Revenues & Volume, By Fuel pump, 2021 - 2031F |
6.1.4 South Africa Automotive Pumps Market Revenues & Volume, By Fuel injection pump, 2021 - 2031F |
6.1.5 South Africa Automotive Pumps Market Revenues & Volume, By Water pump, 2021 - 2031F |
6.1.6 South Africa Automotive Pumps Market Revenues & Volume, By Windshield pump, 2021 - 2031F |
6.1.7 South Africa Automotive Pumps Market Revenues & Volume, By Steering pump, 2021 - 2031F |
6.1.8 South Africa Automotive Pumps Market Revenues & Volume, By Transmission oil pump, 2021 - 2031F |
6.1.9 South Africa Automotive Pumps Market Revenues & Volume, By Headlight washer pump, 2021 - 2031F |
6.1.10 South Africa Automotive Pumps Market Revenues & Volume, By Headlight washer pump, 2021 - 2031F |
6.2 South Africa Automotive Pumps Market, By Electric Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 South Africa Automotive Pumps Market Revenues & Volume, By BEV, 2021 - 2031F |
6.2.3 South Africa Automotive Pumps Market Revenues & Volume, By FCEV, 2021 - 2031F |
6.2.4 South Africa Automotive Pumps Market Revenues & Volume, By HEV, 2021 - 2031F |
6.2.5 South Africa Automotive Pumps Market Revenues & Volume, By PHEV, 2021 - 2031F |
6.3 South Africa Automotive Pumps Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 South Africa Automotive Pumps Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 South Africa Automotive Pumps Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.3.4 South Africa Automotive Pumps Market Revenues & Volume, By Heavy Commercial Vehicles, 2021 - 2031F |
6.3.5 South Africa Automotive Pumps Market Revenues & Volume, By Based on technology, 2021 - 2031F |
6.3.6 South Africa Automotive Pumps Market Revenues & Volume, By Electric, 2021 - 2031F |
6.3.7 South Africa Automotive Pumps Market Revenues & Volume, By Mechanical, 2021 - 2031F |
6.4 South Africa Automotive Pumps Market, By Displacement |
6.4.1 Overview and Analysis |
6.4.2 South Africa Automotive Pumps Market Revenues & Volume, By Variable displacement, 2021 - 2031F |
6.4.3 South Africa Automotive Pumps Market Revenues & Volume, By Fixed displacement, 2021 - 2031F |
6.4.4 South Africa Automotive Pumps Market Revenues & Volume, By Based on off-highway vehicles, 2021 - 2031F |
6.4.5 South Africa Automotive Pumps Market Revenues & Volume, By Construction equipment, 2021 - 2031F |
6.4.6 South Africa Automotive Pumps Market Revenues & Volume, By Mining equipment, 2021 - 2031F |
6.5 South Africa Automotive Pumps Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 South Africa Automotive Pumps Market Revenues & Volume, By Body & Interior, 2021 - 2031F |
6.5.3 South Africa Automotive Pumps Market Revenues & Volume, By Engine & HVAC, 2021 - 2031F |
6.5.4 South Africa Automotive Pumps Market Revenues & Volume, By Powertrain, 2021 - 2031F |
6.6 South Africa Automotive Pumps Market, By Sales Channel |
6.6.1 Overview and Analysis |
6.6.2 South Africa Automotive Pumps Market Revenues & Volume, By OEM, 2021 - 2031F |
6.6.3 South Africa Automotive Pumps Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
7 South Africa Automotive Pumps Market Import-Export Trade Statistics |
7.1 South Africa Automotive Pumps Market Export to Major Countries |
7.2 South Africa Automotive Pumps Market Imports from Major Countries |
8 South Africa Automotive Pumps Market Key Performance Indicators |
9 South Africa Automotive Pumps Market - Opportunity Assessment |
9.1 South Africa Automotive Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Africa Automotive Pumps Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
9.3 South Africa Automotive Pumps Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 South Africa Automotive Pumps Market Opportunity Assessment, By Displacement, 2021 & 2031F |
9.5 South Africa Automotive Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 South Africa Automotive Pumps Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 South Africa Automotive Pumps Market - Competitive Landscape |
10.1 South Africa Automotive Pumps Market Revenue Share, By Companies, 2024 |
10.2 South Africa Automotive Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |