The global automotive electric fuel pumps market is growing at a CAGR of XX % over the forecast period.
The report covers the detailed analysis global Automotive Electric Fuel Pumps industry with the classifications of the market on the motor type, voltage range, end user, application and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it.
The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in APAC region. The major countries policies about the oil and gas industry and their impact on the Automotive Electric Fuel Pumps manufacturer are covered in the report.
Global Automotive Electric Fuel Pumps Market Overview
The automotive electric fuel pump is an important part of vehicles. The fuel pump manages volume flow and provides standard engine fuel. An electric fuel pump has many advantages over mechanical water fuel as it consumes less energy, reduces unwanted vibration & sock, lower emission, and increase the overall engine life.
A significant growth of automotive industry propel the growth of the global automotive electric fuel pump. Growing demand for fuel efficient and higher performance vehicle is expected to boost the demand for automotive electric fuel pump. The power consumed by electric fuel pump is 75% less than mechanical operated fuel pump, which is the key factor driving the demand for automotive electric fuel pump. Strict rules and regulation mandated by government for emission reduction, automotive manufacturers are focused on increasing fuel efficiency of vehicle are the major factors driving this market during the forecast period.
Global Automotive Electric Fuel Pumps Market Segment Overview
The Turbine Style segment has major market share XX % in 2019
By Technology, the Turbine Style segment is expected to grow at a CAGR XX % during 2021-2023. Turbine Style fuel has majority of demand in vehicle. It has majority of demand from Asia Pacific region. By vehicle type passenger vehicle and light commercial vehicle both showing majority of market share by 2026 compared to heavy commercial vehicle. Increasing demand for electric vehicle is anticipated restrain the growth of market during the forecast period.
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Brushless DC segment held market share of XX % in 2019 and is expected to grow XX% by 2026.
By Product Outlook, the Brushless DC segment has the largest market share of XX% of the total automotive electric fuel pumps market. Increasing demand for brushless pump, as it does not need brush replacement. The brushed DC fuel pump is growing at a CAGR xx% during 2019-2021. The development in vehicle sell, safety regulations and development in technology is driving the growth of market over the period 2019-2026.
Global Automotive Electric Fuel Pumps Market Regional Insights:
Global Automotive Electric Fuel Pumps Market1
Asia Pacific held the largest the market share XX % of in 2019 and expected to maintain its dominance during the forecast period.
Asia Pacific is expected to maintain its dominance during the forecast period, due to the high demand for passenger vehicle. Presence of key component manufacturers and increasing number of automotive industries in countries like China and India are driving the fuel pump market during the forecast period. Growing production of vehicle in Asia Pacific region and adoption of well-developed technology is the major reasons for the future growth of the Asia Pacific automotive electric fuel pumps market.
The objective of the report is to present a comprehensive analysis of the Global Automotive Electric Fuel Pumps Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Automotive Electric Fuel Pumps Market dynamics, structure by analyzing the market segments and project the Global Automotive Electric Fuel Pumps Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Automotive Electric Fuel Pumps Market the report investor’s guide.
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Global Automotive Electric Fuel Pumps Market2
Global Automotive Electric Fuel Pumps Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key Players Operating in the Global Automotive Electric Fuel Pumps Market
• Robert Bosch GmbH
• Continental AG
• Delphi Automotive PLC
• Denso Corporation
• Visteon
• Daewha Fuel Pump Industries
• Federal-Mogul Corporation
• AC Delco
• Airtex Fuel Delivery Systems
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