Press release
Automotive Electric Fuel Pumps Market Overview by Advance Technology, Future Outlook 2030
Automotive Electric Fuel Pumps Market size was valued at USD 13.85 Billion in 2021 and is projected to reach USD 18.80 Billion by 2030, growing at a CAGR of 4.45% from 2022 to 2030.The automotive electric fuel pump is a type of electromechanical device that provides the necessary pressure to move gasoline or diesel from the fuel tank into the engine. The auto-electric fuel pumps are discretely mounted under the vehicle's chassis, in most cases near the gas tank. They are usually located inside an aluminum tube with its own supply line and outlet.
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.
Fuel pumps are part of an automotive engine that transfer fuel from the gas tank to the injectors when it uses fuel injection. The transmitting unit assembly, which also includes a float, typically incorporates a pump. An electrical signal is sent to the instrument panel fuel gauge via the float. Although most electric fuel pumps are installed inside the fuel tank, some may be installed outside the tank. Furthermore, an electronic fuel pump can be changed out as a standalone component or as a whole module assembly. Consequently, the fuel pump aids in delivering gasoline to the engine. The market for electric fuel pumps will expand as a result of these features in the upcoming years.
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A recent development in the automotive industry is engine downsizing, which is made possible by the application of modern technologies like turbochargers, superchargers, and direct injection. OEMs are stressing the usage of compact engines with power levels that are on par with or higher than those of conventional engines more and more. Smaller engines lighten the load on the vehicle, resulting in improved fuel efficiency in both gasoline and diesel engines. For instance, the majority of modern cars have 4-cylinder engines rather than 6-cylinder ones. To produce the same amount of power as a large engine while being more efficient, a 4-cylinder engine needs more pressure inside the engine. In order to meet legal emission limits, OEMs are also attempting to minimise engine size.
An electronic device known as the low-pressure electric fuel pump helps move fuel from a tank to the engine. It operates on the positive displacement theory and utilises the battery's electrical energy for pumping. The mechanical principles and laws regulating fluids and gases, which transform electrical energy into motion, are the basis of the operation of low-pressure electric fuel pumps.
Global Automotive Electric Fuel Pumps Market: Segmentations
Global Automotive Electric Fuel Pumps Market: By Key Players
ACDelco
Airtex Products LP
Robert Bosch GmbH
Continental AG
Daewha Fuel Pump Industries Ltd.
Delphi Automotive PLC
Denso Corporation
Associated Fuel Pump Systems Corporation
Farstar Auto Parts Co.
TI Automotive
Graco Inc.
Holley Performance Products
Global Automotive Electric Fuel Pumps Market: By Types
Low Pressure Electric Fuel Pump
Inline Electric Fuel Pump
Global Automotive Electric Fuel Pumps Market: By Applications
Passenger Cars
Commercial Vehicles
Global Automotive Electric Fuel Pumps Market: Regional Analysis
The countries covered in the regional analysis of the Global Automotive Electric Fuel Pumps market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Benefits for Industry Participants & Stakeholders:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
Reasons to Purchase the Automotive Electric Fuel Pumps Market Report:
1. The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
2. Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
3. Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
4. The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
5. Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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