A fuel pump is an essential
component in a vehicle. This is also known as a key component of internal
combustion (IC) engine. Many old engine designs do not require fuel pump
technology as all the fuel feeding was dependant on only gravity. However,
designs that doesn’t use gravity feed technology has to pump fuels from tank
to the engine. Carburetor engines uses low pressure mechanical pumps wherein
fuel injection engines use electric fuel pumps. Fuel pumps not only controls
the flow of burning fuel but also enhances the fuel efficiency.
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There are certain designs of fuel
pumps such as turbo-pumps, electric pumps and Mechanical pumps. Turbo pumps
are utilized in jet engines, electric pumps and Mechanical pumps are utilized
in modern cars whereas mechanical pump is older design. North America and
Europe are major markets for fuel pumps market. However, Asia Pacific and RoW
are growing economies for automobile and automotive market, hence are expected
to spur the demand for fuel pumps market.
One of the major driving factors
for this market is growing automotive and automobile industry. Asian countries
such as India, China and African countries are witnessing the boom in
automotive and automobile sector. In order to achieve fuel efficiencies
enforced by various governments, the fuel injection pumps and systems are
experiencing a significant demand over past a few years. However, factors such
as economical crises hold back the market. The technological development is
expected to take place further in this market.
Delphi Automotive LLP, Pricol
Limited, Great Plants Industries, FARSTAR AUTO PARTS CO., LTD., SUNTEC
INDUSTRIES INCORPORATED, Robert Bosch GmbH and Spectra Premium are some of the
key manufacturers of fuel pumps.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for
upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point
analysis for changing competitive dynamics
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perspective on different factors driving or restraining market
growth
- It provides a technological
growth map over time to understand the industry growth rate
- It provides a seven-year
forecast assessed on the basis of how the market is predicted to
grow
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key product segments and their future
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in-depth analysis of market segments
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graphics and exemplified SWOT analysis of major market segments
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