Automotive Electric Fuel Pumps Market

The global Automotive Electric Fuel Pumps market was valued at USD 25.32 Billion in 2020 and is projected to reach USD 38.67 Billion by 2028, growing at a CAGR of 5.20%% from 2021 to 2028.

An electric fuel pump is used on engines with fuel injection to pump fuel from the gas tank to the injectors. The pump must deliver the fuel under high pressure which should be typically 30 to 85 psi depending on the application so the injectors can spray the fuel into the engine. Fuel pressure must be within specifications for the engine to run correctly. Electric fuel pumps are usually mounted inside the fuel tank, though some may be mounted outside the tank.

The report covers in-depth study on the global Automotive Electric Fuel Pumps market, which comprises market trends such as drivers, restraints, and opportunities, regional trends, segmental analysis, and competitive landscape among others. This study comprises the market estimations and forecast in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities. The report includes a separate chapter covering detailed Automotive Electric Fuel Pumps market overview that includes Porter’s Five Forces Analysis, PESTLE Analysis, Player Positioning Analysis, SWOT Analysis, and Value Chain Analysis among others.

The wise spread COVID-19 outbreak has impacted several industries including Automotive Electric Fuel Pumps. The governments across the globe compel to employ stringent restriction such as lockdown, international border seals, and   implementing strict social distancing measures. This forces serval industries to opt for work from home which in turn disrupted the business processes. However, after mid 2021 the world is witnessing reopening of trading activities, business operations which is expected to stimulate the economic growth during upcoming years.  The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long-term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

The report explains various driving factors, restraints/challenges, and opportunities in detail. These assessments aid the industry stakeholders to analyze the Automotive Electric Fuel Pumps market on the basis of different parameters, such as economies of scale, the share of various distribution channels, various factors affecting consumer behavior such as brand loyalty, price, and product availability among others, capital investments, regulatory landscape, production rights and patents, promotional strategies, and other customer preferences.

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. 

The high cost associated with the installation of automotive electric fuel pumps system is likely to restrain the growth of the automotive electric fuel pumps market. Furthermore, automotive electric fuel pumps market is highly dependent on the vehicle production which may also hamper the growth of the market as decline in production for vehicles, due to economic downturn will also decline in manufacturing of automotive electric fuel pumps system.

The report delivers an acute breakdown of the market based on various segments such as Technology, Product, Application and region. The report will cover market estimations and forecast for each segment by region for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.

On the basis of Technology, the market is divided into Turbine Style,Sliding Vane, Roller Vane. Turbine-style held the largest share in 2020 and is projected to witness substantial growth during the forecast period.

Based on Product, the market is divided into Brushed DC, Brushless DC. Brushed DC attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA

The global Automotive Electric Fuel Pumps market report provides an exhaustive competitive landscape to give a comprehensive synopsis of the global market. Major players in the Automotive Electric Fuel Pumps 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).. This section of the report will provide you extensive information on all key players based on business overview, product portfolio, marketing strategies, recent developments, financial performance, and geographical presence among others. Moreover, the report also includes extensive information on key strategies such as new product development/launch, merger & acquisitions, partnerships, collaborations & joint ventures, research & development, and regional expansion.  

Based on the geography, the global Automotive Electric Fuel Pumps market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The regional analysis covers market estimations and forecast for each segment for each region for the years 2016–2028. The concentration of raw material suppliers as well as market players in one specific region impacts the global market scenario and the report covers exclusive information on the same.  Also, the report analyzes the intensity of competition in each region and its influence on the growth of the global Automotive Electric Fuel Pumps market.