Press release
Fuel Transfer Pumps Market Size Projected To Reach $2.54 Billion By 2034 With A Cagr Of 6.5%
Fuel Transfer Pumps
What Is the Projected Growth of the Fuel Transfer Pumps Market?
The market size for fuel transfer pumps has significantly increased in the past few years. Projected growth predicts an increase from $1.87 billion in 2024 to $1.97 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.3%. This historical growth trend can be credited to factors such as consumer choices, demands of the energy sector, industrial growth, urbanization and construction, needs of the oil & gas industry, and a rise in fuel consumption.
The market for fuel transfer pumps is expected to experience robust growth in the upcoming years, with a predicted value of $2.54 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.5%. This predicted growth during the forecast period may be due to several factors such as product innovation, adoption of remote monitoring solutions, the rise of emerging markets, industrial development, urban planning projects and investment in energy infrastructure. Key trends anticipated during the forecast period include improvements in safety and efficiency, increasing fuel demand, a shift towards renewable energy, industrial expansion and the use of agricultural machinery.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8448
What Are the Different Fuel Transfer Pumps Market Segments?
The fuel transfer pumps market covered in this report is segmented -
1) By Type: AC Fuel Transfer Pump, DC Fuel Transfer Pump, Hand Fuel Transfer Pump
2) By Motor Type: 12V DC, 24V DC, 115V AC, 230V AC
3) By Mounting: Fixed, Portable
4) By Application: Construction, Mining, Agriculture, Chemical, Military, Transportation, Food And Beverage, Other Applications
Subsegments:
1) By AC Fuel Transfer Pump: Submersible AC Fuel Pumps, Surface AC Fuel Pumps
2) By DC Fuel Transfer Pump: Electric DC Fuel Pumps, Battery-Powered DC Fuel Pumps
3) By Hand Fuel Transfer Pump: Manual Lever Pumps, Siphon Pumps
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8448&type=smp
What Are the Primary Drivers Shaping the Fuel Transfer Pumps Market?
The progression of the automotive industry is anticipated to spur the advancement of the fuel transfer pumps market. Fuel transfer pumps are essentially used in vehicles equipped with advanced injection systems due to their relative safety, efficiency, and the ability to deliver fuel to the engine with minimal power loss. Electric vacuum fuel transfer pumps also contribute to the reduction of carbon dioxide emissions from engines. For example, in 2023, as stated by the Organisation Internationale des Constructeurs d'Automobiles (OICA), an international association of vehicle manufacturers based in France, there was a remarkable surge in global automotive industry with total vehicle production hitting 93546599 units, a marked climb from the 85016728 units manufactured in 2022. Hence, the enlargement of the automotive industry is fuelling the development of the fuel transfer pumps market.
Which Companies Are Leading in the Fuel Transfer Pumps Market?
Major companies operating in the fuel transfer pumps market are Piusi S.p.A, Graco Inc., Creative Engineers, Groz Engineering Tools Ltd., Tuthill Corporation, GoatThroat Pumps, SPATCO, Pricol Limited, Liquidynamics, Robert Bosch GmbH, DENSO CORPORATION, ContiTech AG, Johnson Electric Holdings Limited, Fill-Rite Company, Great Plains Industries Inc., Yamada Corporation, TeraPump, Fuelworks Ltd., Gorman-Rupp Company, FLOJET Corporation, Lincoln Industrial Corporation, IDEX Corporation, Hytek GB Ltd., Fuel Transfer LLC, Meclube S.R.L., Gilbarco Inc., Cim-Tek Filtration, Corken Inc., RAASM SpA
What Are the Major Trends Shaping the Fuel Transfer Pumps Market?
The fuel transfer pumps market is witnessing an increasing trend towards technological innovations. The key players in the market are creating fuel transfer pumps with cutting-edge features such as permanent magnet motors, self-cleaning filters, and high-speed double-side dispensing, among others, to maintain their market standing. For example, SVANEHØJ Danmark A/S, an offshore installations pump designer and manufacturer based in Denmark, introduced a new fuel pump in September 2022 for ships propelled by LNG. This revolutionary CS pump (an acronym for cryogenic submerged) is a submersible pump positioned at the base of the tank. With the CS fuel pump, Svaneti brought to the table two major innovations: a self-cleaning LNG filter that prevents blockages, thereby preventing increased wear and service interruptions, and a fresh permanent magnet motor that promises better efficiency and lower energy use compared to other motors.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/fuel-transfer-pumps-global-market-report
What Are the Top Revenue-Generating Geographies in the Fuel Transfer Pumps Market?
Asia-Pacific was the largest region in the fuel transfer pumps market in 2024. The regions covered in the fuel transfer pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Fuel Transfer Pumps Market?
2. What is the CAGR expected in the Fuel Transfer Pumps Market?
3. What Are the Key Innovations Transforming the Fuel Transfer Pumps Industry?
4. Which Region Is Leading the Fuel Transfer Pumps Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fuel Transfer Pumps Market Size Projected To Reach $2.54 Billion By 2034 With A Cagr Of 6.5% here
News-ID: 3970752 • Views: …
More Releases from The Business Research Company
Top Market Shifts Transforming the Rainwater Harvesting Systems Market Landscape …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Rainwater Harvesting Systems Market Through 2025?
Over the past few years, there has been substantial growth in the market size of rainwater harvesting systems. The industry, which was valued at $1.94 billion in 2024, is predicted to rise to $2.07 billion by…
Live Concerts Fueling Surge In Percussion Instruments Market Growth: Transformat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Percussion Instruments Industry Market Size Be by 2025?
Over the past few years, the market size of percussion instruments has examined a steady rise. With an increase from $1.44 billion in 2024 to $1.47 billion in 2025, it expects a Compound Annual Growth Rate (CAGR) of…
Emerging Trends to Drive Hydraulic Equipment Market Growth at 3.5% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hydraulic Equipment Market Size Growth Forecast: What to Expect by 2025?
The size of the hydraulic equipment market has consistently increased in the past few years. Projections show that it will rise from $45.21 billion in 2024 to $46.86 billion in 2025, recording a compound annual growth rate (CAGR)…
Emerging Trends to Reshape the Fishing Drones Market: Innovative Advancement In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Fishing Drones Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of fishing drones has seen a swift increase in the past few years. An expansion from $0.89 billion in 2024 to $0.99 billion in 2025, representing a compound annual growth rate (CAGR)…
More Releases for Pump
Asphalt Pumps Market Key Players: Johnson Pump, Viking Pump, Rotan Pump, Shanggu …
The Asphalt Pumps Market Research Reports 2021 – 2027 is an Analysis and In-depth study of the Asphalt Pumps Market Industry, with the target of global market trend. The report mainly focuses on the market size, market structure, market share, growth cost structure, and forecast for 2027. The Research Report is an analysis of quantitative of the Asphalt Pumps market and gives information for making strategies…
Automotive Pump Market Forecast to 2028 - Covid-19 Impact and Global Analysis - …
MARKET INTRODUCTION
Automotive pumps are utilized for transferring automotive fluids in the vehicles. These pumps are mainly used for improving vehicle performance and fuel efficiency. The increase in demand for environment-friendly solutions has pushed several manufacturers to design and develop advanced pumps. The pumps are used in various vehicle systems such as coolant, steering, fuel, transmission, and lubrication.
Download Sample Report in PDF Version @ www.theinsightpartners.com/sample/TIPRE00006033/?utm_source=openpr&utm_medium=10387
This report sample includes:
A brief introduction to…
Solar Pump Market Current & Future Growth Forecast To 2027 | CRI Pump, LORENTZ, …
Asia-pacific contributed to the highest share, accounting for more than half of the global solar pump market in 2019, and will maintain its dominance throughout the forecast period. This is attributed to increase in government initiatives in region such as India, drive the market growth in this region. However, Europe is expected to grow at the highest CAGR of 8.5% from 2020 to 2027. This is owing to means of…
Agricultural Pump Market Advancement Outlook 2020-2026: Sulzer, Dayuan Pump, Wil …
The Latest report about the Agricultural Pump market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Agricultural Pump market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with…
Agricultural Water Pump Market Growth Opportunities 2020: Lingxiao Pump, East Pu …
The newly issued research report provides comprehensive and an in-depth assessment of the "Global Agricultural Water Pump Market Forecast 2020-2026", which will also offer relevant data for the new industry entrants as well as well-established Agricultural Water Pump market players. According to the study, the worldwide Agricultural Water Pump market report unfolds the current and historical Agricultural Water Pump industry scenarios, Agricultural Water Pump market development patterns and is expected…
Global Slurry Pump Market: Tsurumi Pump, Shijiazhuang Kingda Pump, Xylem, Weir G …
Global Market Study Evaluate on Slurry Pump Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022
The scope of the global Slurry Pump market report is:
This report offers a comprehensive evaluation of the Slurry Pump market. It does so by in-depth qualitative insights, historical Slurry Pump market data, and verifiable projections about global Slurry Pump market size. The projections featured in the Slurry Pump market report have been…
