According to IMARC Group’s latest report, titled “Automotive Electric Fuel Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market exhibited moderate growth during 2015-2020. An automotive electric fuel pump is a device that is used to pump fuel or gasoline from the tank to the injectors in an engine. The pumps efficiently generate positive electrical pressure in the fuel lines to drive the fuel to the internal combustion engine. They offer longer service life, improved fuel supply, minimal noise generation, and higher interference suppression. As a result, they are extensively used in passenger cars and other light and heavy commercial vehicles to send signal to the engine regarding the quality of fuel in the tank.
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The automotive electric fuel pumps market is primarily driven by the significant growth in the automobile sector and the increasing demand for passenger cars across the globe. The development of cost-effective and lightweight product variants and the integration of multi-port fuel injection system in automobiles are some other factors providing a considerable boost to the market growth. Apart from this, the rising population, increasing consumer expenditure power, and the growing demand for hybrid and luxury vehicles are further creating a positive outlook for the market. Looking forward, IMARC Group expects the automotive electric fuel pumps market to grow at a CAGR of around 5% during 2021-2026.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- ACDelco
- Aisan Industry Co., Ltd.
- Continental AG
- Daewha Fuel Pump Ind., Ltd
- Delphi Automotive PLC
- Denso Corporation
- Federal-Mogul Corporation
- General Motors Company
- Pricol Limited
- Robert Bosch
- Visteon Corporation
Market Segmentation:
Breakup by Motor Type:
- Brushed DC Motor
- Brushless DC Motor
Breakup by Technology:
- Turbine Style
- Sliding Vane
- Roller Vane
Breakup by Pump Type:
- Low Pressure Electric Fuel Pump
- Inline Electric Fuel Pump
- Others
Breakup by Application
- Passenger Cars
- LCVs
- HCVs
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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