Global Automotive Fuel Pump Market, By Electric Vehicle Type (BEV, FCEV, HEV, PHEV), Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), Technology (Electric, Mechanical), Displacement (Variable Displacement, Fixed Displacement), Off High-Way Vehicles (Construction Equipment, Mining Equipment), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Automotive Fuel Pump Market
Data Bridge Market Research analyses that the automotive fuel pump market would exhibit a CAGR of 5.40% for the forecast period of 2022 to 2029.
A fuel pump refers to a part in motorized vehicles that assists in transferring liquid from the fuel tank to the carburettor or fuel gizmo of the interior combustion engine. If the pressure is just too low, the engine might run lean, misfire, or stall. A fuel pump isn't essentially needed for the engine to operate.
The capacity to efficiently push propellant to the generator is the major factor accelerating the growth of the automotive fuel pump market. Furthermore, more moderate peril of combustion due to pumps being shielded from gas condensation and enhanced pump life, emerging technologies are anticipated to modify the panorama of automotive manufacturing, transforming customer inclination copulated with an accelerating focus on eco-friendly commodities and fostering protection are also expected to drive the growth of the automotive fuel pump market. However, anticipated growth of electric vehicles in the coming years and high price of fuel will restrains the automotive fuel pump market, whereas, increase in the cost of electrification of automotive pumps will challenge market growth.
In addition, robust growth in sales of plug- in hybrid electric vehicles will create ample opportunities for the automotive fuel pump market.
This automotive fuel pump market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive fuel pump market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Fuel Pump Market Scope and Market Size
The automotive fuel pump market is segmented on the basis of electric vehicle type, vehicle type, technology, displacement and off high-way vehicles. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of electric vehicle type, the automotive fuel pump market is segmented into BEV, FCEV, HEV, and PHEV.
- On the basis of vehicle type, the automotive fuel pump market is segmented into passenger cars, light commercial vehicles, heavy commercial vehicles.
- On the basis of technology, the automotive fuel pump market is segmented into electric and mechanical.
- On the basis of displacement, the automotive fuel pump market is segmented into variable displacement, fixed displacement.
- On the basis of off high-way vehicles, the automotive fuel pump market is segmented into construction equipment, mining equipment.
Automotive Fuel Pump Market Country Level Analysis
The automotive fuel pump market is segmented on the basis of electric vehicle type, vehicle type, technology, displacement and off high-way vehicles.
The countries covered in the automotive fuel pump market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the automotive fuel pump market and will continue to flourish its trend of dominance during the forecast period owing to accelerated composition and requests for commuter transportations crosswise emerging nations such as China and India are apprehended to spur the germination of the business through the projection period. North America increasing sales of commercial vehicles and passenger cars region is set to witness unprecedented growth during the forecast period and will project the highest compound annual growth (CAGR) rate. This is because of the developing roadways infrastructure in this region.
The country section of the automotive fuel pump market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Fuel Pump Market Share Analysis
The automotive fuel pump market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive fuel pump market.
Some of the major players operating in the automotive fuel pump market report are Continental AG, DENSO CORPORATION, Delphi Auto Parts, Robert Bosch Ltd, Hitachi Automotive Systems, Ltd., Infineon Technologies AG, Perkins Engines Company Limited, industrydiesel.com, Arkansas Fuel Injection, Inc., Sagar Fuel, Shiyan QiJing Industry & Trading Co., Ltd., DeatschWerks, LLC., Johnson Electric Holdings Limited, Mitsubishi Electric Corporation, VALEO SERVICE, MAHLE GmbH, Cummins Inc., and Daimler AG among other.
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