Automotive Oil Pump Industry Trends: Growth, Innovations, and...

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Automotive Oil Pump Industry Trends: Growth, Innovations, and Market Insights

The global automotive oil pump market has been experiencing steady growth, driven by increasing vehicle production, advancements in fuel efficiency, and the rising demand for high-performance vehicles. In 2021, the market was valued at US$ 17.6 billion and is expected to expand at a CAGR of 4.5%, reaching US$ 27.7 billion by 2031. Key industry players are focusing on technological innovations...

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