global electric fuel pump market 2015-2019
TRANSCRIPT
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Global Electric Fuel Pump Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Market Highlights
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Global Electric Fuel Pump Market 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “Specialization in the automotive sector is becoming prevalent as all of these countries try to find their niche. For instance, Indonesia specializes in utility vehicles, while China specializes in components. Though there has been a decline in production in Europe, especially in countries like France and Italy, small economies like Slovakia, Slovenia, the Czech Republic, and Poland have shown growth potential.”
• Internal combustion systems function by igniting a mixture of fuel and air, which generates force to rotate a crankshaft. Fuel from a vehicle's fuel tank is injected into the engine using a fuel pump. Fuel pumps are of three types: mechanical, electric, and turbo. Advances in technology and increasing demand for fuel efficiency have led to increased use of electric fuel pumps, which are more efficient than conventional mechanical fuel pumps.
• Technavio's analysts forecast the global electric fuel pumps market to grow at a CAGR of 5.67% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Electric Fuel Pump Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global Electric Fuel Pump Market 2015-2019
Bosch
Continental
Delphi
The Bosch Group has approximately 340 subsidiaries and regional companies in around 50 countries worldwide. It manufactures a wide range of components and systems that cater to the requirements of several OEMs and customers worldwide in the aftermarket.
The group operates through two major segments: automotive group and rubber group. The automotive group is further divided into three segments: chassis and safety, powertrain, and interior.
Delphi operates through its technical centers, manufacturing sites, and customer support services spread across 33 countries.
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Market Landscape
• The global automotive industry is highly competitive and, due to the nature of the competition, product life cycle, and consumer demand, it goes through dynamic growth phases.
• Presently, the industry is characterized by companies relocating their production centers from developed to developing regions.
• During the 2008-2009 global financial crisis, the industry experienced a considerable decline in demand; however, the markets have slowly stabilized, which is primarily due to the relative economic stability in developing nations.
• The automotive sector in Asia has shown significant potential for growth.
• In China, the sector has been growing at a fast pace and has a major presence in the international automotive trade arena, with a particularly strong position in the component sector.
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Key Market Highlights Guest Bloggers
• Authenticity • Delivery • Price• Service
Support
• The global electric fuel pump market has assumed a prominent position mainly because of fluctuating fuel prices.
• Governments worldwide have implemented stricter legislation regarding vehicle emission standards.
• These standards are compelling automakers to invest more in R&D to develop fuel-efficient vehicles, leading to investment in electric fuel pumps, which are more efficient than conventional mechanical fuel pumps.
• However, the cost of electric fuel pumps is higher than mechanical fuel
pumps.
• This is hindering the growth of the global electric fuel pump market.
• The higher cost of electric fuel pumps prevents consumers from buying them, especially in the aftermarket.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Electric Fuel Pump Market 2015-2019
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