Automotive Electric Fuel Pumps : A Global Strategic Business Report
San Jose, California (PRWEB) February 25, 2015
Follow us on LinkedIn – Continuous technology developments, over the last couple of decades, have transformed the world automotive industry. Changing consumer preferences, emphasis on safety, and growing focus on environment friendly features, have all played instrumental roles in influencing the evolution of modern day automobiles. Efficient delivery of fuel from the fuel tank to the engine is critical to the very functioning of an automobile. Fuel pumps are therefore an important automotive technology. The almost complete transition from carburetor based engines to fuel injection engines has made electric fuel pumps hugely popular. Over the last two decades, these pumps have almost completely replaced mechanical fuel pumps. Modern electronic fuel pumps function by continuously spraying fuel into the internal combustion engine. Electric fuel pumps are placed inside the fuel tank to ensure greater efficiency in pushing gasoline to the engine. Other advantages include reduced risk of fuel boiling, increased pump life, lower electrical load and risk of explosion as the pump is protected from gasoline vapor. Growth in the market is largely influenced by automobile production trends. Higher number of cars produced translates into increased orders for electric fuel pumps and vice versa. The legislation of strict fuel efficiency and vehicle emission regulations is also driving demand for electric fuel pumps. Auto OEMs are stepping up their investments in product R&D in attempts to develop superior fuel pump design and control electronics. The coming years are forecast to witness demand grow strongly for compact fuel pumps encouraged by the growing focus on reducing vehicle weight to enhance fuel efficiency.
Brushless fuel pumps are growing in prominence, against the backdrop of volatile fuel prices, focus on fuel efficiency, and legislation of strict penalty driven vehicular emission norms. Increased interest in brushless designs of fuel pumps is driven by benefits such as reduced CO2 emissions and improved vehicle mileage. The coming years are forecast to witness steady replacement of brushed direct current (DC) fuel pumps with brushless fuel pumps. The replacement trend is forecast to be especially swift in commercial vehicles, since diesel engine driven heavy vehicles are subject to high levels of vibration that result in brush/commutator erosion since vibration causes the brush to lose contact with the carbon commutator surface. Also, contaminants like sulfur, dirt, and ester present in diesel fuel tend to reduce the operating life of a brushed fuel pump. Under this scenario, sales of brushless DC fuel pumps especially roller vane style fuel pumps, are expected to witness strong growth.
As stated by the new market research report on Automotive Electric Fuel Pumps, Asia-Pacific represents the largest as well as the fastest growing market worldwide, with a projected CAGR of 6.0% over the analysis period. Growth in the region is led by the huge demand for passenger cars and the subsequent rise in their production. Other factors encouraging growth include lower per capita vehicle ownership, growth in GDP, rising employment levels, improving standard of living, increase in discretionary spends, and development of road infrastructure.
Major players in the market include ACDelco, Airtex Products LP, Continental AG, Daewha Fuel Pump Industries Ltd., Delphi Automotive PLC, Denso Corporation, Associated Fuel Pump Systems Corporation, Farstar Auto Parts Co., Robert Bosch GmbH, TI Automotive UK Ltd., and Visteon Corporation, among others.
The research report titled “Automotive Electric Fuel Pumps : A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in Units for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (Australia, China, India, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Rest of World.
For more details about this comprehensive market research report, please click here
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Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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