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Monday, November 6, 2023

Global Automotive Electric Fuel Pump Market is Anticipated to Grow at a CAGR of 5.4% during 2024 to 2030

The future of the global automotive electric fuel pump market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle markets. The global automotive electric fuel pump market is expected to reach an estimated $17.1 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are increasing demand for fuel-efficient vehicles, growing adoption of multi-port fuel injection system based automotive, and rising demand for electric vehicles.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the automotive electric fuel pump market by product type (brushed DC and brushless DC), technology (turbine style, sliding vane, and roller vane), application (passenger cars, light commercial vehicles, and heavy commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, turbine style, sliding vane, and roller vane are the major segments of automotive electric fuel pump market by technology. Lucintel forecasts that turbine style is expected to witness highest growth over the forecast period due to its improved operating capabilities at very high speeds and lower current drawing capabilities.Within this market, passenger car will remain the largest segment due to its rising production as well as demand in developing nations like India, China, and Brazil.

APAC is expected to witness highest growth over the forecast period due to high consumer and industrial demand for passenger cars and heavy commercial vehicles in the region.

General Motors, Robert Bosch, Visteon, Denso, Federal-Mogul, Continental, and Delphi Automotive are the major suppliers in the automotive electric fuel pump market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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