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2023 Fuel Transfer Pumps - Industry Size, Business Segments, Innovative Strategies And Outlook by 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Fuel Transfer Pumps Market Size, Growth Rate, And Forecast
The global fuel transfer pumps market size is expected to grow from $1.70 billion in 2022 to $1.81 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fuel transfer pumps market size is expected to grow to $2.23 billion in 2027 at a CAGR of 5.4%.
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Fuel Transfer Pumps Market Drivers
Expansion of the automotive industry is expected to propel the growth of the fuel transfer pumps market going forward. Fuel transfer pumps refer to the pumps that are employed in vehicles with sophisticated injection systems because they are relatively safe and effective and provide fuel to the engine with little power loss.
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Fuel Transfer Pumps Market Segments
• By Type: AC Fuel Transfer Pump, DC Fuel Transfer Pump, Hand Fuel Transfer Pump
• By Motor Type: 12V DC, 24V DC, 115V AC, 230V AC
• By Mounting: Fixed, Portable
• By Application: Construction, Mining, Agriculture, Chemical, Military, Transportation, Food And Beverage, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fuel Transfer Pumps market.
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Fuel Transfer Pumps Market Key Players
Major competitors in the Fuel Transfer Pumps market include Piusi S.p.A, Graco Inc., Creative Engineers, Groz Engineering Tools (P) Ltd., Tuthill Corporation, GoatThroat Pumps.
The Business Research Company's "Global Fuel Transfer Pumps Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Fuel Transfer Pumps Market Include:
1. Executive Summary
2. Fuel Transfer Pumps Market Characteristics
3. Fuel Transfer Pumps Market Trends And Strategies
4. Fuel Transfer Pumps Market - Macro Economic Scenario
5. Fuel Transfer Pumps Market Size And Growth
...............
26. Africa Fuel Transfer Pumps Market
27. Fuel Transfer Pumps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fuel Transfer Pumps Market
29. Fuel Transfer Pumps Market Future Outlook and Potential Analysis
30. Appendix
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