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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