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Automotive Electric Fuel Pumps Market

Automotive Electric Fuel Pumps Market

Automotive Electric Fuel Pumps Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Technology Turbine Style, Sliding Vane, Roller Vane
  • By Product Brushed DC, Brushless DC
  • By Application Passenger Cars, LCVs, HCVs
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 25.32 Billion
Revenue 2028Revenue 2028: 38.67 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 5.20%
Fastest Growing Region 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

Research Methodology: Automotive Electric Fuel Pumps Market - Global Market Assessment, 2021 - 2028

Automotive Electric Fuel Pumps Market study involves the combination of secondary and primary research for data collection and utilizes a robust and veracious methodology to attain results on quantitative and qualitative analysis for specific market research studies. Moreover, Vantage Market Research utilizes tried and tested approaches to arrive at market-related projections. The research methodology is based on the 3-dimensional model consisting of 3 phases namely: Secondary Research, Primary Research, and Data Triangulation. After the exhaustive secondary research, the procured information is revalidated through primary research. 

Secondary Research

Primary Research:

The primary research was conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills data requirements pertaining to first-hand information on global market size, regional and segmental trends, competitive landscape expertise development, and market understandings among others. 

Data Triangulation and Market Size Estimations

Top-down and bottom-up approaches are used to validate and estimate the market size of the Automotive Electric Fuel Pumps market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market.  Moreover, region-wise product mapping analysis was used to gain some more insights on the competitive trend in the global Automotive Electric Fuel Pumps market.

Frequently Asked Question
  • 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%%.

  • 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)..

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

  • 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.

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