China's oil pump market has been on a growth trajectory. As of 2024, the market size was around 1080.4 billion yuan, and it's expected to reach nearly 1387.6 billion yuan by 2031, with a CAGR of 3.7% in the following six years. The market has seen continuous expansion, product structure optimization with more high - end products, and intense competition between domestic and international brands. In terms of regional distribution, the eastern coastal areas have a high demand due to their developed economies, while the central and western regions are gradually seeing an increase in demand with the implementation of strategies like the Western Development. Technological innovation is a major driving force, with intelligent and energy - saving oil pumps becoming more popular.