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Automotive Fuel Transfer Pumps Market is expected to grow at a CAGR of 4.7% during 2016 - 2022

Global Automotive Fuel Transfer Pumps Market (Size of $49,052.6 Million in 2015) to Witness 4.7% CAGR During 2016 u2013 2022

Rahul_Gautam
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Automotive Fuel Transfer Pumps Market is expected to grow at a CAGR of 4.7% during 2016 - 2022

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  1. Automotive Fuel Transfer Pumps Market Insights by Pump Type, Technology, Vehicle Type, Size, Share, Development, Growth and Demand Forecast to 2022 www.psmarketresearch.com

  2. Automotive Fuel Transfer Pumps Market Technological advancements and changing consumer preferences are driving the automotive fuel transfer pumps market across the world. In 2015, the market valued $49,052.6 million, and it is projected to advance at a 4.7% CAGR during the forecast period (2016–2022). Fuel transfer pumps were initially installed in vehicles to supply the fuel to the engine from the fuel tank. But with rising pollution, these are also being used to increase the fuel efficiency and performance. Several types of pumps are available in the market, including fuel supply, fuel injection, transmission oil, engine oil, and vacuum pumps. Among all, fuel supply pumps registered the highest sales and revenue in the automotive fuel transfer pumps market in 2015. Fuel supply pumps transfer the fuel from the storage tank to the engine, without which vehicles cannot move. Therefore, owing to their importance in vehicles, these dominated the market and will continue to do so during the forecast period. P&S Intelligence

  3. Automotive Fuel Transfer Pumps Market Hyundai Motor Company, General Motors, BMW AG, Ford Motor Company, and Volkswagen offer the technology in their personal vehicles. Just as the gasoline turbocharged direct injection technology becomes popular in personal vehicles, diesel turbocharged direct injection systems are being rapidly installed in commercial vehicles, such as buses and trucks. Such heavy-duty vehicles generate lots of emissions; therefore, it is becoming necessary to equip them with technologies that help reduce pollution. Therefore, with the rising commercial vehicle sales, the automotive fuel transfer pumps market is predicted to prosper further. Across the world, Asia-Pacific dominated the market during the historical period (2012–2015) in terms of sales volume as well as revenue, and it is expected to maintain its dominance during the forecast period. However, the automotive fuel transfer pumps market is projected to grow the fastest in Middle East and Africa in terms of value and volume owing to the rapidly surging demand for passenger cars and increasing technological advancements in automotive technology. Hence, with the growth of the automobile industry in developing countries, the market for automotive fuel transfer pumps would continue to progress. P&S Intelligence

  4. Automotive Fuel Transfer Pumps Market MARKET SEGMENTATION By Pump Type Fuel Supply Pump Fuel Injection Pump Engine Oil Pump Transmission Oil Pump Vacuum Pump Others By Technology Electrical Mechanical Some of the major players operating in the global automotive fuel transfer pumps market include Robert Bosch GmbH, Denso Corporation, Continental AG, Aisin Seiki Co. Ltd., Delphi Automotive PLC, Johnson Electric, SHW AG, Magna International Inc., Mikuni Corporation, and JTEKT Corporation. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/automotive-fuel- transfer-pumps-market/report-sample P&S Intelligence

  5. THANK YOU! Click to edit Master title style Edit Master text styles GET IN TOUCH For queries, kindly write to: enquiry@psmarketresearch.com www.psmarketresearch.com B-13, Sector-2, Noida, U.P.-201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 US/Canada Toll-Free: 1-888-778-7886 8/21/2019 5

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