Global Automotive Fuel Pump Module
Market Report
2024
Global Automotive Fuel Pump Module Market Size is USD 32815.2 million in 2024. Increasing global production of passenger and commercial vehicles is expected to boost the sales to USD 49341.92 Million by 2031 with a Compound Annual Growth Rate (CAGR) of 6.00% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Automotive Fuel Pump Module Market Report 2024.
According to Cognitive Market Research, the global Automotive fuel pump module market size is USD 32815.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Automotive Fuel Pump Module Market Sales Revenue 2024 | $ 32815.2 Million |
Global Automotive Fuel Pump Module Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6% |
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Market Split by Type |
|
Market Split by Application |
|
Market Split by Off-highway Vehicle |
|
Market Split by Sales |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Automotive Fuel Pump Module industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Fuel Pump Module Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The integrated automotive fuel pump module delivers fuel to the engine at the precise pressure needed for maximum engine performance, straight from the tank. Usually contained in a single unit, this module has the fuel pump, fuel level sensor, and other necessary parts. The dynamics of the automotive fuel pump module market are being pushed by the manufacturing of more vehicles, improvements in fuel injection technology, and stricter fuel efficiency laws. The market is expanding as a result of the growing demand for hybrid and electric vehicles, which call for complex fuel management systems. The demand for sophisticated fuel pump modules is further driven by the expansion of the automotive aftermarket and the growing inclination of consumers towards high-performance automobiles. The expansion of the automotive industries in emerging economies and technological advancements targeted at improving efficiency and durability are important factors contributing to the market's upward trajectory.
For instance, Jan 2022: Aisan Industry has completed the acquisition of DENSO CORPORATION's fuel pump module ("FPM") business, as announced on January 17, 2022. This acquisition includes full ownership of KYOSAN DENSO MANUFACTURING KENTUCKY, LLC. (Source: https://www.denso.com/global/en/news/newsroom/2022/20220117-g01/)
The need for fuel pump modules is greatly increased by the rising production of passenger and commercial cars around the world. Fuel distribution systems must be dependable and effective as automakers increase output to keep up with increasing markets and rising consumer demand. The bulk of the automotive market is made up of passenger automobiles, which need sophisticated fuel pump modules to improve fuel efficiency and meet strict pollution regulations. Because of the growth in commercial vehicles brought about by the logistics and transportation industries, strong fuel pumps are essential for ensuring long-term durability and excellent performance. There is a clear correlation between the increase in vehicle production and the demand for fuel pump modules, both OEM and aftermarket.
The market for automobile fuel pump modules is greatly fueled by the rise in mining and construction equipment brought on by urbanization. The need for durable mining and construction equipment is fueled by the rapid infrastructural development and urbanization occurring in many different regions. For these off-highway vehicles to function well in challenging environments, they need dependable gasoline delivery systems. These vehicles are essential for large-scale projects. Modern fuel pump modules are becoming more and more necessary to guarantee reliability and longevity in mining and construction equipment. Because urbanization and industrialization are speeding up in emerging nations, manufacturers in the fuel pump module market have a lot of opportunity to meet this expanding demand. This tendency is especially noticeable in these regions.
The need for conventional gasoline pump modules is being greatly reduced by the growing popularity of electric cars (EVs). Electric power stored in batteries powers electric vehicles (EVs), doing away with internal combustion engines and the fuel systems they are connected with, such as fuel pump modules. The market for conventional gasoline pump modules is expected to contract as more manufacturers and consumers turn to electric vehicles (EVs) in order to comply with strict pollution standards and accomplish sustainability objectives. Government subsidies and improvements in EV technology, which increase the accessibility and appeal of electric vehicles, are contributing factors to this trend. Fuel pump module producers must therefore adjust by concentrating on new markets or creating new technologies that work with hybrid and alternative fuel vehicles.
An important effect of the COVID-19 epidemic was felt in the automotive fuel pump module sector. Due to manufacturing stoppages, supply chain delays, and a decline in consumer demand as lockdowns were implemented worldwide, the industry experienced severe disruptions. Fuel pump modules became less in demand as a result of the sharp decline in automotive production. The market started to rise again as economies started to improve and limitations relaxed. Demand was rekindled by a greater emphasis on individual mobility as opposed to public transportation and government stimulus plans for the auto industry. The COVID-19 epidemic has hastened the advancement of automation and digitalization in manufacturing processes, which could ultimately improve the resilience and efficiency of the automotive supply chain.
We have various report editions of Automotive Fuel Pump Module Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
There is fierce rivalry among major competitors in the automobile fuel pump module industry, including Delphi Technologies, Robert Bosch GmbH, Continental AG, and Denso Corporation. To enhance their market presence and meet changing customer and regulatory needs, these organizations prioritize product innovation, strategic partnerships, and mergers.
Dec 2022: Delphi Technologies added 142 new parts to its main product line and an additional 21 items to its Sparta fuel pump line of specialist parts. Delphi Technologies has added 35 new parts to further expand its fuel lineup. Module assemblies, fuel pump hangers, fuel pump strainer sets, and fuel transfer units are a few of these modifications. To guarantee outstanding longevity and dependability, these parts go through extensive OE-quality testing. (Source: https://www.delphiautoparts.com/press-news/news-archive/article/2022/12/08/delphi-technologies-reveals-new-part-number-announcement-catering-to-millions-of-vio-in-north-america)Top Companies Market Share in Automotive Fuel Pump Module Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America overtakes other regions to become the market leader for automobile fuel pump modules in 2024. This dominance is ascribed to a number of factors, such as the region's sophisticated infrastructure for the production of automobiles, strict emission regulations that have prompted the adoption of sophisticated fuel pump technologies, and a high degree of consumer demand for cars with cutting-edge fuel delivery systems. North America's position in the global fuel pump module market is further strengthened by the presence of significant market players and a healthy aftermarket industry. The area continues to play a major role in determining the direction of the automotive fuel pump module industry thanks to its emphasis on technological innovation and commitment to quality standards.
In the automobile fuel pump module market, the Asia Pacific region is growing at the quickest Compound Annual Growth Rate (CAGR). Numerous factors, including the expanding automotive industries in China, India, and Japan, which are seeing increases in vehicle production and sales, can be contributed to this rapid rise. The market for gasoline pump modules is being driven by the demand for passenger and commercial cars, which is being driven by favorable government policies, increased disposable incomes, and urbanization. The region's quick development rate in the automotive fuel pump module market is attributed to its focus on technical improvements and the adoption of electric and hybrid automobiles.
The current report Scope analyzes Automotive Fuel Pump Module Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global Automotive fuel pump module market size was estimated at USD 32815.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 13126.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
According to Cognitive Market Research, the global Automotive fuel pump module market size was estimated at USD 32815.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 9844.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031
According to Cognitive Market Research, the global Automotive fuel pump module market size was estimated at USD 32815.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 7547.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
According to Cognitive Market Research, the global Automotive fuel pump module market size was estimated at USD 32815.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 1640.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
According to Cognitive Market Research, the global Automotive fuel pump module market size was estimated at USD 32815.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 656.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Global Automotive Fuel Pump Module Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Fuel Pump Module Industry growth. Automotive Fuel Pump Module market has been segmented with the help of its Type, Application Off-highway Vehicle, and others. Automotive Fuel Pump Module market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the market for automotive fuel pump modules is expected to grow, with the Electric Fuel Pump Module segment emerging as the leading category. The primary cause of this domination is the growing global usage of electric cars (EVs), which need sophisticated fuel delivery systems to operate at their best. Technological developments targeted at improving fuel efficiency and lowering pollutants in conventional and hybrid electric vehicles are advantageous to the Electric Fuel Pump Module market. The market for electric fuel pump modules is driven by strict pollution regulations, which have made this segment the industry leader in terms of revenue and innovation.
Within the automotive fuel pump module market, the Mechanical Fuel Pump Module sector exhibits amazing growth potential. Even though electronic alternatives are gradually replacing mechanical fuel pump modules, the mechanical fuel pump module market is still significant, especially for heavy-duty applications and older car models. Mechanical gasoline pump modules are still a good option in areas where the infrastructure for electric vehicles is still emerging or in niche markets where electric vehicles are less practical. Furthermore, despite the popularity of electric vehicles, improvements in mechanical gasoline pump technology, such as increased longevity and efficiency, support the segment's resilience and growth potential.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Fuel Pump Module Industry. Request a Free Sample PDF!
According to Cognitive Market Research, passenger cars is the largest category in Application Outlook. Because of this segment's enormous worldwide vehicle production and sales volume, it continues to hold the top spot. Passenger automobiles make up a large portion of the automotive market and are necessary for personal transportation. Fuel pump module technology has advanced due to strict pollution rules and the ongoing drive for fuel efficiency, making it a crucial part of passenger car manufacture. This market segment's constant demand for cutting-edge and effective fuel pump modules has propelled it to the top of the automotive fuel pump module sector.
Light Commercial Vehicles (LCVs) is the Application Outlook segment with the fastest growth rate. The need for last-mile delivery services, logistics, and e-commerce has increased demand for LCVs worldwide. These cars are used for delivery services, small-scale business activities, and the transportation of commodities. The LCV market is growing quickly as urbanization develops and the demand for effective transportation options rises. The market is growing as a result of improvements in fuel efficiency technologies and the use of cleaner fuel systems, thus fuel pump module manufacturers should pay close attention to this market segment if they want to take advantage of new prospects.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Automotive Fuel Pump Module market report 2024 Edition by contacting our team.
According to Cognitive Market Research, the section that leads the Off-Highway Vehicle Outlook is Construction Equipment. The demand for construction machinery is still high due to the world's rapid urbanization and infrastructure development initiatives. The expansion of the market is fueled by fuel pump modules, which are essential to the effective operation of construction equipment. Reputable producers concentrate on offering robust and efficient fuel pump systems that meet the rigorous needs of construction applications. Due to consistent expenditures in regional infrastructure development, the Construction Equipment industry continues to enjoy solid market position.
The industry with the quickest rate of growth is mining equipment. In response to the growing need for minerals and resources, mining operations are spreading throughout the world. With mining operations expanding into more remote and difficult environments, fuel pump modules need to be dependable and effective. Companies in the market are creating customized fuel pumps that can resist the severe conditions found in mining operations. Technological developments targeted at improving fuel economy and mitigating environmental effect further fuel the Mining Equipment segment's expansion within the vehicle fuel pump module market.
According to Cognitive Market Research, the OEM segment performs well in the automobile fuel pump module market's Sales Channel Outlook. Because they directly integrate fuel pump modules into the production lines of new vehicles, OEMs (Original Equipment Manufacturers) continue to hold a dominant position. OEMs uphold strict quality standards and closely monitor regulatory requirements to guarantee fuel pump module performance and dependability, hence strengthening their reputation among vehicle makers and end users. Long-term contracts with automakers give this category stability and a consistent revenue stream, which helps it to stay at the top of the market.
In the Sales Channel Outlook, the Aftermarket segment shows the fastest rate of growth. The market for aftermarket fuel pump modules is growing as cars get older and owners look for more affordable maintenance options. The growing lifespan of automobiles and the requirement for replacement parts also contribute to the expansion of the aftermarket industry. Technological developments are also important since aftermarket manufacturers are constantly coming up with new and innovative ways to provide high-quality, suitable fuel pump modules that meet the various needs of car owners. This market category is rapidly expanding in the automotive fuel pump module industry, which is partly due to its agility and flexibility in meeting changing market demands.
Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that my skills remain sharp and relevant. I spearheaded research initiatives focused on market trends, customer behavior, and competitive landscapes. I have a demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams, I played a pivotal role in shaping successful projects that hinged on robust research and analysis.
Disclaimer:
Type | Electric Fuel Pump Module, Mechanical Fuel Pump Module |
Application | Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles |
Off-highway Vehicle | Construction equipment, Mining equipment |
Sales | OEM, Aftermarket |
List of Competitors | Carter Fuel Systems LLC, Daewha Fuel Pump Ind. Ltd., Aisin Seiki Co., Ltd., Bosch Automotive Service Solutions Inc., Continental AG, Delphi Technologies PLC, Denso Corporation, Aisan Industry, General Motors Company, Hitachi Automotive Systems, Ltd., Johnson Electric Holdings Limited, Valeo SA |
This chapter will help you gain GLOBAL Market Analysis of Automotive Fuel Pump Module. Further deep in this chapter, you will be able to review Global Automotive Fuel Pump Module Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Automotive Fuel Pump Module Market Trends North America Automotive Fuel Pump Module Technological Road Map North America Automotive Fuel Pump Module Market Drivers North America Automotive Fuel Pump Module Market Restraints North America Automotive Fuel Pump Module Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Off-highway Vehicle Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Sales Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Fuel Pump Module market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Electric Fuel Pump Module have a significant impact on Automotive Fuel Pump Module market? |
What are the key factors affecting the Electric Fuel Pump Module and Mechanical Fuel Pump Module of Automotive Fuel Pump Module Market? |
What is the CAGR/Growth Rate of Passenger Cars during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Fuel Pump Module Market? |
Which region is expected to dominate the global Automotive Fuel Pump Module Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Automotive Fuel Pump Module Market
Request Sample