Automotive Electric Fuel Pumps Market
Automotive Electric Fuel Pumps Market Global Industry Assessment & Forecast
#
Pages:
175
2021
Nov - 2021
VMR-2021-0579
Segments Covered
By
Technology Turbine Style, Sliding Vane, Roller Vane
-
By
Product Brushed DC, Brushless DC
-
By
Application Passenger Cars, LCVs, HCVs
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
25.32 Billion |
 Revenue 2028:
|
38.67 Billion |
 Revenue CAGR
(2021 - 2028): |
5.20% |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
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.
Global Automotive Electric Fuel Pumps Market: Technology Segment Analysis
-
- Turbine Style
- Sliding Vane
- Roller Vane
Global Automotive Electric Fuel Pumps Market: Product Segment Analysis
-
- Brushed DC
- Brushless DC
Global Automotive Electric Fuel Pumps Market: Application Segment Analysis
-
- Passenger Cars
- LCVs
- HCVs
FAQ
Frequently Asked Question
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.
