Automotive Electric Fuel Pumps Market

Automotive Electric Fuel Pumps Market by Technology (Turbine Style,Sliding Vane, Roller Vane) by Product (Brushed DC, Brushless DC) by Application (Passenger Cars, LCVs, HCVs) , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa): Global Market Assessment, 2021 – 2028

Frequently Asked Questions

  • What is the global demand for Automotive Electric Fuel Pumps in terms of revenue?

    The global Automotive Electric Fuel Pumps valued at 25.32 Billion in 2020 and is expected to reach 38.67 Billion in 2028 growing at a CAGR of 5.20%%

  • Which are the prominent players in the market?

    The prominent players in the market are Denso Corporation (Japan), Daewha Fuel Pump Industries Ltd. (South Korea), Robert Bosch GmbH (Germany), Airtex Products LP (USA), Delphi Automotive PLC (USA), Farstar Auto Parts Co. (China), ACDelco (USA), Associated Fuel Pump Systems Corporation (US), TI Automotive (USA), Continental AG (Germany)..

  • At what CAGR is the market projected to grow within the forecast period?

    The market is project to grow at a CAGR of 5.20%% between 2021 and 2028.

  • What are the driving factors fueling the growth of the market.

    The driving factors of the Automotive Electric Fuel Pumps include

    • The rising importance of electric pumps is anticipated to augment the growth of the automotive electric fuel pumps market during the forecast period. This is attributable to its ability to push gasoline to the engine very effectively. A proper functioning pump is used to deliver the right quantity of oil, considering the operating conditions of the engine, maintaining optimal pressure between the carburettor and pump to minimize overheating and to prevent vapour lock. Too little pressure can starve the engine for fuel, causing it to run lean, misfire, hesitate or stall. Too much fuel pressure can cause the engine to run rough, waste fuel and pollute. Due to this, it is expected to support the growth of the automotive electric fuel pumps market.
    • The rising vehicle sale and production across the globe is anticipated to augment the growth of the automotive electric fuel pumps market during the forecast period. This is owing to the rapid urbanization, increasing industrialization, increasing disposable income of the consumers, and advancement in technologies. Furthermore, the increasing adoption of personal vehicles has also increased the global sales of automobiles and its production by the manufacturers which in turn is expected to support the growth of the automotive electric fuel pumps market in the forecast period.

  • Which region accounted for the largest share in the market?

    Asia Pacific was the leading regional segment of the Automotive Electric Fuel Pumps in 2020.

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