Below are some of the key findings from this automotive electric fuel pumps market analysis report
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Global automotive electric fuel pumps industry overview
The growing sales of electronic fuel injected vehicles is one of the primary factors that will lead the growth of the automotive electric fuel pumps market in the coming years. The automotive industry is witnessing increased sales volume of electronic fuel-injected vehicles in the last few years across the globe. The electronic fuel injection system is being used in modern vehicles, as it improves the power output, performance, and fuel-efficiency of the vehicle. Furthermore, automotive manufacturers are focusing on increasing the penetration rate of a multi-port fuel injection system in modern vehicles as it offers a precise and accurate flow of fuel. Therefore, the increasing sales of electronic fuel injected vehicles will drive the growth of automotive electric fuel pumps market at a CAGR of almost 7% during the forecast period.
Top automotive electric fuel pumps companies covered in this market research report
The automotive electric fuel pumps market is moderately concentrated with companies focusing on technological advancements in fuel injection technology to improve the efficiency levels of modern electronic fuel injection systems. By providing a complete analysis of the market’s competitive landscape and information on the products offered by the companies, this automotive electric fuel pumps market industry analysis report helps clients to assess market potential and design innovative strategies for strengthening their position in the market.
The report offers a complete analysis of several vendors including:
- AISAN INDUSTRY
- Continental
- Daewha
- DENSO
- General Motors
Automotive electric fuel pumps market segmentation based on geographic regions
- APAC
- Europe
- North America
- South America
- The Middle East and Africa
APAC will account for the largest share of automotive electric fuel pumps market during the forecast period. The high demand and production of passenger vehicles in Asia are the key factors that will drive the growth of global automotive electric fuel pumps market in this region.
Automotive electric fuel pumps market segmentation based on application
- Passenger vehicles
- Commercial vehicles
The passenger vehicles segment will account for the highest growth in the global automotive electric fuel pumps market during the forecast period because of the increasing demand for passenger vehicles. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive electric fuel pumps market size.
Key highlights of the global automotive electric fuel pumps market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the automotive electric fuel pumps market during the next five years
- Precise estimation of the global automotive electric fuel pumps market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive electric fuel pumps industry across APAC, Europe, North America, South America, and the Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of automotive electric fuel pumps companies
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