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Automotive Electric Fuel Pumps : A Global Strategic Business Report

Global automotive electric fuel pumps market: 120 million units sold by 2018


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2014-03-14 12:43:01 - Automotive Electric Fuel Pumps : A Global Strategic Business Report - a new market research report on companiesandmarkets.com

The global Automotive Electric Fuel Pumps market is projected to reach 119.9 million units by 2018, driven by healthy gains in automotive production in developing countries and innovations in fuel pump design and control electronics.

Technological advancements over the decades have transformed the automotive industry worldwide. Changing consumer preferences, growing focus on improving safety and environmental benefits, have played instrumental roles in the evolution of automobiles. As an essential component in an automobile´s engineering design, fuel pumps are a part of a vehicle´s fuel delivery system and are designed to pump fuel from the fuel tank and deliver it to the engine via a fuel injector. Modern electronic fuel injection engines cannot function without a fuel pump since the system requires

 

 

fuel to be sprayed into the internal combustion engine.

Against the backdrop of rising fuel prices, focus on fuel efficiency, and legislation of strict penalty driven vehicular emission norms, demand is growing steadily for brushless fuel pumps. Increased interest in brushless designs of fuel pumps is driven by benefits like reduced CO2 emissions and improved vehicle mileage. Currently being developed for electric fuel pumps are brushless electric motors with reliable variable speed three-phase motor control for optimum fuel delivery. The coming years are forecast to witness steady replacement of brushed direct current (DC) fuel pumps with brushless fuel pumps. This replacement is expected to be especially swift in the commercial vehicles market since these vehicles demand more robust, rugged and rigorous component solutions. 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, the differing quality of diesel fuel with contaminants like sulfur, dirt, and ester, tend to reduce the operating life of a brushed fuel pump. These drawbacks provide the perfect business case for brushless DC fuel pumps especially roller vane style fuel pumps.

Asia-Pacific represents the largest as well as the fastest growing market worldwide growing at a projected CAGR of 8.1% over the analysis period. Europe ranks as the second largest region with immediate growth overshadowed by the weak domestic automotive industry. Austerity measures, fiscal consolidation as a result of widening deficits, higher taxes, rising unemployment, decline in GDP growth and reduced consumer spending are expected to negatively impact demand in the region for the year 2013. Global Industry Analysts ©

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