Market Insights:
Automotive Electric Fuel Pumps Market size was valued at USD 14.53 Billion in 2021, registering a CAGR of 3.3% during the forecast period (2022-2030), and the market is projected to be worth USD 19.63 Billion by 2030.
A device that transfers fuel or gasoline from the gas tank to the engine’s injectors is known as an automobile electric fuel pump. The pump transmits gasoline to the internal combustion engine by generating positive electrical pressure in the fuel lines. It is frequently installed in passenger cars as well as small and large commercial vehicles, and it is set up to send signals to the engine telling it how much fuel is needed in the tank.
Automotive Electric Fuel Pumps Market Research Report” was just released by Market Research Community. It is divided into several categories, including Technology (Bushed DC and Bushless DC), Product Type (Passenger Cars, Lightweight Commercial Vehicles and Heavy Weight Commercial Vehicles) application (Turbine Style, Sliding Style and Roller Vane, Others), and companies (General Motors Company, Robert Bosch, Federal-Mogul Corporation, Visteon Corporation, Daewha Fuel Pump Ind. Ltd., ACDelco, Aisin Corporation, Denso Corporation, Delphi Automotive PLC, Continental AG), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 3.3%, over the forecast period of 2022–2030
Driver:
The increased adoption of Automotive Electric Fuel Pumps in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Automotive Electric Fuel Pumps also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Automotive Electric Fuel Pumps in many sectors also boosts the market growth during the forecast period.
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 19.63 Billion |
| CAGR (2022-2030) | 3.3% |
| By Product Type | Passenger Cars, Lightweight Commercial Vehicles and Heavy Weight Commercial Vehicles |
| By Application | Turbine Style, Sliding Style and Roller Vane |
| By Technology | Bushed DC and Bushless DC |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | General Motors Company, Robert Bosch, Federal-Mogul Corporation, Visteon Corporation, Daewha Fuel Pump Ind. Ltd., ACDelco, Aisin Corporation, Denso Corporation, Delphi Automotive PLC, Continental AG |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Automotive Electric Fuel Pumps market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
General Motors Company, Robert Bosch, Federal-Mogul Corporation, Visteon Corporation, Daewha Fuel Pump Ind. Ltd., ACDelco, Aisin Corporation, Denso Corporation, Delphi Automotive PLC, Continental AG
Market Segment Analysis:
By Technology
- Bushed DC
- Bushless DC
By Application
- Turbine Style,
- Sliding Style
- Roller Vane
By Product Type
- Passenger Cars
- Lightweight Commercial Vehicles
- Heavy Weight Commercial Vehicles
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Automotive Electric Fuel Pumps industries in the region.
Key Automotive Electric Fuel Pumps Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Automotive Electric Fuel Pumps Market segments.
– Largest Market Share Held by Industry to Industry for Automotive Electric Fuel Pumps
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Automotive Electric Fuel Pumps Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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