According to IMARC Group’s latest report, titled “Automotive Electric Fuel Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global automotive electric fuel pumps market size reached US$ 11.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.28% during 2023-2028.
An automotive electric fuel pump is a device that is used to pump fuel or gasoline from the tank to the injectors in an engine. The pumps efficiently generate positive electrical pressure in the fuel lines to drive the fuel to the internal combustion engine. They offer longer service life, improved fuel supply, minimal noise generation, and higher interference suppression. As a result, they are extensively used in passenger cars and other light and heavy commercial vehicles to send signal to the engine regarding the quality of fuel in the tank.
Request For a Free PDF Sample Report: https://www.imarcgroup.com/automotive-electric-fuel-pumps-market/requestsample
Automotive Electric Fuel Pumps Market Trends:
The automotive electric fuel pumps market is primarily driven by the significant growth in the automobile sector and the increasing demand for passenger cars across the globe. The development of cost-effective and lightweight product variants and the integration of multi-port fuel injection system in automobiles are some other factors providing a considerable boost to the market growth. Apart from this, the rising population, increasing consumer expenditure power, and the growing demand for hybrid and luxury vehicles are further creating a positive outlook for the market.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined with some of the key players.
Key Market Segmentation:
The report has categorized the market based on motor type, technology, pump type, application and region.
Breakup by Motor Type:
Breakup by Technology:
Breakup by Pump Type:
Breakup by Application
Breakup by Region:
Key Highlights of The Report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
134 N 4th St.
Brooklyn, NY 11249, USA
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800