The global automotive fuel injection pump market was valued at USD 21.36 billion in 2023 and is anticipated to reach a valuation of USD 23.27 billion in 2024 from USD 46.09 billion by 2032, growing at a CAGR of 8.92% from 2024 to 2032.
The Automotive fuel injection pump is used to introduce fuel into automobile internal combustion engines. Various factors that affect the selection and design of the automotive fuel injection pump are tailpipe emissions according to government mandates, fuel type, fuel efficiency, engine size, and required power. The automotive fuel injection pump manages timing from the point where fuel is injected, ignited, and burned when maximum combustion pressure is reached. The aim of this injection pump is to provide fuel to the engine cylinders, at the same time, control the fuel atomization, injection timing, and other aspects.
The automotive fuel injection pump is one of the most important auto parts that has caught the attention of major car manufacturers. The automotive industry has become one of the top revenue-generating industries and has made various technological advancements in engine components in recent years, with automotive fuel injection pumps being one of them. The global automotive fuel injection pump market has seen remarkable growth, and demand for it is expected to grow at a CAGR of around 7.14% during the forecast period of 2022 to 2027.
The main driver of the global automotive fuel injection pump market includes rapid population growth, which has led to increased demand for premium and non-premium vehicles in all major developing economies. Macroeconomic factors, such as urbanization and increased industrial activities, coupled with an increase in lifestyle and an increase in demand for luxury and comfort in vehicles in many countries, are further increasing the sales of pumps for fuel injection in cars. A significant increase in vehicle sales, due to improved fuel efficiency and poor emission control, is expected to drive the global automotive fuel injection pump market. Furthermore, the considerable growth of the Asian and European automotive sector and the technological advancement in traditional injection pumps will create a significant opportunity for the global automotive fuel injection pump market. Also, the increased use of ethanol in the automotive industry is supposed to stimulate demand for automotive fuel injection pumps.
The key restraining factors such as the increasing penetration of electric vehicles could hamper the growth of the global automotive fuel injection pump market during the outlook period.
Leading companies in the automotive pumps industry, such as Bosch, Continental, and others, have temporarily suspended their operations because of the declined demand, and supply chain disruption and to ensure the safety of their employees in different nations during the coronavirus transmission. As a result, demand for automotive pumps is expected to decline in 2020. Manufacturers are likely to adjust production to avoid bottlenecks and plan production based on demand from OEMs and Tier 1 manufacturers. The resumption of vehicle production is unlikely in the immediate future due to the severity of the pandemic, especially in the US and major European countries. For example, Rheinmetall faced a decline in sales in the first quarter of 2020 due to the COVID-19 crisis of 13%. The shutdown of production due to the lockdown was the main driver of the decline, although the resumption of production plants in China and the United States is expected to recoup losses in the coming months.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
CAGR |
8.92% |
Segments Covered |
By Application, Vehicle Type, Pressure, Type, and Region. |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive (UK), Robert Bosch (Germany), Hitachi Ltd (Japan), Infineon Technologies (Germany), Schaeffler Group (Germany), Johnson Electric (Hong Kong), Mitsubishi Electric (Japan), Valeo (France), MAHLE GmbH (Germany), and Cummins, Inc (U.S.)., and Others. |
Among these vehicle types, commercial vehicles are estimated to experience rapid market growth over the conjecture period, attributed to increased vehicle production as well as the growing need for these vehicles.
The common rail fuel injection pump is estimated to account for a significant market share during the forecast period. The main advantages associated with the common rail fuel injection pump are increased demand for better vehicle performance and constant pressure throughout, regardless of engine speed and load conditions.
Among these regions, the Asia-Pacific has dominated the global market due to drivers such as strict regulations on vehicle emissions, increased disposable income, and growth in new vehicle registrations. In recent years, APAC has sold the largest number of vehicles, where countries such as China, Japan, and Indonesia are making significant contributions. Furthermore, the growing demand for passenger vehicles has become a determining factor for the APAC region. North America is the second leading region in terms of turnover. Europe occupies the third position in the lead.
Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive (UK), Robert Bosch (Germany), Hitachi Ltd (Japan), Infineon Technologies (Germany), Schaeffler Group (Germany), Johnson Electric (Hong Kong), Mitsubishi Electric (Japan), Valeo (France), MAHLE GmbH (Germany), Cummins, Inc (U.S.). These are the market players that are dominating the global automotive fuel injection pump market.
By Application
By Vehicle Type
By Pressure
By Type
By Region
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