Global Automotive Electric Fuel Pumps Market to Reach USD 18.85 Billion by 2028, by SkyQuest

According to the latest research by SkyQuest Technology, the global automotive electric fuel pumps market was valued at USD 13.9 Billion in 2021, and it is expected to reach USD 18.85 Billion by 2028, with a CAGR of 4.5% during the forecast period of 2022-2028. The research provides up-to-date automotive electric fuel pumps market analysis of the current market landscape, latest trends, drivers, and overall market environment.

The mechanism that transfers fuel or gasoline from the gas tank to the engine's injectors is referred to as an automotive electric fuel pump. In order to provide the internal combustion engine with gasoline, the pump creates positive electrical pressure in the fuel lines. It is typically installed in light and large commercial vehicles as well as passenger cars and is set up to communicate with the engine about the necessary amount of fuel in the tank. It provides better fuel supply, lower noise generation, longer service life, and higher interference suppression than the mechanical pumps that were previously in use.

One of the main factors influencing the market growth is the automotive industry's rapid expansion combined with the rising demand for passenger automobiles. These pumps are widely used because they may prevent engine overheating and vapour lock while delivering a suitable amount of gasoline and maintaining an ideal pressure between the carburettor and pump. Additionally, the multi-port fuel injection system integration in contemporary cars is accelerating market expansion. This system helps to increase power output, optimise vehicle performance and fuel efficiency, and keep the gasoline flowing precisely. Global product demand has increased as a result of numerous product advancements, including the creation of lightweight and affordable product versions. Other factors, such as increased consumer spending power and expanding demand for high-speed fuel injectors in sports and luxury vehicles, are anticipated to fuel market growth.

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Read market research report, " Global Automotive Electric Fuel Pumps Market By Type (Brushed DC, Brushless DC), Application (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), Technology (Turbine Style, Sliding Vane, Roller Vane), and Region -Forecast and Analysis 2022-2028" by SkyQuest

The prominent market players are constantly adopting various innovative ideas and growth strategies to capture more market share. The key market players are Key industry players of the market include include Aisin Corporation (Japan), Denso (Japan, Robert Bosch GmbH (Germany), Valeo (France), Continental AG (Germany), Delphi Automotive PLC (UK), General Motors Company (US), Federal-Mogul Corporation (US), Visteon Corporation (US), Daewha Fuel Pump Ind., Ltd (South Korea), ACDelco (US).
The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about Automotive Electric Fuel Pumps Market Revenue. The projections highlighted in the report have been determined utilizing demonstrated research approaches and suppositions.

Report Findings
Drivers- The automotive electric fuel pumps market is expected to grow at a high rate due to the trend toward smaller engines, rising vehicle production, and rising passenger vehicle demand. The automotive fuel pump industry will see high rise in sales of plug-in hybrid electric vehicles, which will lead to numerous opportunities. The primary driver of the market expansion for automobile fuel pumps is the ability to push propellant to the generator efficiently.

Restraint- Over the projected period, market expansion is expected to be hampered by the rising manufacturing of fake goods and high production costs. Electric car use and popularity are expected to negatively affect the market. Another impediment to the global market for automobile electric fuel pumps is the rising cost of fuel.

What does this Report Deliver?
Market Estimation for 20+ Countries
Automotive Electric Fuel Pumps Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional and Country specific Automotive Electric Fuel Pumps Market Trends
Comprehensive Mapping of Automotive Electric Fuel Pumps Industry Parameters
Attractive Investment Proposition in the Global Automotive Electric Fuel Pumps Industry
Competitive Strategies Adopted by Automotive Electric Fuel Pumps Market Key Players
Drivers, Restraints, Opportunities, Challenges and the impact on the Automotive Electric Fuel Pumps Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Automotive Electric Fuel Pumps market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Automotive Electric Fuel Pumps Market Sales
Parent market analysis
Product portfolio benchmarking

Speak with our analyst for more information: https://skyquestt.com/speak-with-analyst/automotive-electric-fuel-pumps-market

SkyQuest has segmented the Global Automotive Electric Fuel Pumps Market based on Type, Application, Technology and Region:
Global Automotive Electric Fuel Pumps Market by Type (Revenue, USD Billion, 2021 - 2028)
Brushed DC
Brushless DC
Global Automotive Electric Fuel Pumps Market by Application (Revenue, USD Billion, 2021 - 2028)
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Global Automotive Electric Fuel Pumps Market by Technology (Revenue, USD Billion, 2021 - 2028)
Turbine Style
Sliding Vane
Roller Vane
Global Automotive Electric Fuel Pumps Market by Region (Revenue, USD Billion, 2021 - 2028)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Brazil
Rest of CSA
Middle East & Africa
GCC Countries
South Africa
Rest of MEA

Key Players in the Global Automotive Electric Fuel Pumps Market
Aisin Corporation (Japan)
Denso (Japan)
Robert Bosch GmbH (Germany)
Valeo (France)
Continental AG (Germany)
Delphi Automotive PLC (UK)
General Motors Company (US)
Federal-Mogul Corporation (US)
Visteon Corporation (US)
Daewha Fuel Pump Ind., Ltd (South Korea)
ACDelco (US)

About Us:
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This release was published on openPR.