Automotive Electric Fuel Pump Market Overview

The powertrain segment is expected to grow fastest in the automotive electric fuel pump market during the forecast period. Transmission oil pumps and vacuum pumps are used in vehicle powertrains. The growing installation rate of automatic transmission systems in premium vehicles is a significant driver for the market in this segment. Powertrain pumps are essential for cooling and lubricating the engine and gearbox, improving vehicle lifetime and performance. For example, transmission pumps help maintain fluid pressure for seamless gear shifts, while oil pumps ensure engine components are properly lubricated, minimizing friction and limiting overheating. These pumps improve efficiency, enhance fuel economy, and lower emissions by optimizing engine performance. They also increase the vehicle's reliability by reducing the risk of engine and transmission failures and extending the lifespan of critical components. Today's powertrain and transmission systems are focused on developing solutions that comply with government regulations and meet consumer demands for cleaner, more fuel-efficient vehicles. Further, these systems aim to deliver exceptional engine control performance for a superior driving experience. The powertrain splits the power or energy generated between the front and rear wheels of the vehicle. The automotive pumps in a powertrain work with the gears, clutch, and other electrical elements to help move the car in the right direction.

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The OEM segment is expected to be the largest in the automotive electric fuel pump market during the forecast period. OEM parts are branded with the automaker’s name and/or logo and come in the automaker’s packaging. These parts are built with high-quality materials and the automaker’s specifications. A third-party contract manufacturer sometimes builds such parts instead of the automaker. Automotive OEMs are stepping up their investments in product R&D to develop superior fuel pump designs and control electronics, thereby driving this segment. For instance, in January 2023, Robert Bosch GmbH (Germany) showcased hydrogen circulation pumps designed for high-power fuel cells at the 2023 Haikou NEV Show. Similarly, in May 2023, Valeo (France) unveiled its smart heat pump, which is twice as efficient as traditional electric heaters and 20% lighter. The automotive pumps manufactured by OEMs are equipped with advanced technologies and smart features that fulfill the latest safety, quality, emission, and performance standards and have a warranty.

The fuel injection pumps segment is expected to be dominant during the forecast period. A fuel injection pump is a device that pumps fuel into an engine’s cylinders. These pumps are driven indirectly from the crankshaft by toothed belts, gears or chains that drives their camshaft. They rotate at half of crankshaft’s speed in four-stroke diesel engines. Fuel injection pumps are mainly used in ICE vehicles. Although mechanical injection fuel pumps have a larger market share, electrical fuel injection pumps are steadily gaining traction. Advancements in engine technology drive the growth of fuel injection pumps. The shift toward high-performance engines and the rapid adoption of direct injection systems in both gasoline and diesel vehicles further boost demand for fuel injection pumps. Denso Corporation (Japan) is a major supplier of fuel injection pumps to automotive OEMs.

The rest of the World (ROW) region is expected to grow fastest in the automotive electric fuel pump market during the forecast period. The region primarily includes Brazil, Iran, and South Africa. This region has a moderate level of automobile production due to the absence of large-scale manufacturing hubs. However, some countries such as Brazil, Iran, and South Africa have recently witnessed significant automobile sector growth. Vehicle manufacturers worldwide have started to recognize these untapped markets and are focusing on expanding their reach in these countries. The growth of this region’s automotive market can be attributed to the rise in demand for vehicles, the availability of cheap labor, and low production costs. Brazil is one the largest automotive industry in South America and produces all types of vehicles. The country had the presence of all global automakers, including BYD, Fiat Automobile S.p.A, Volkswagen AG, Ford Motor Company, General Motors, and Nissan Motor Co., Ltd, among others. Thus, with a growing vehicle demand coupled with its rising production, the demand for automotive pump is expected to grow in the region.

Key Players

The major players in the automotive electric fuel pump market include Denso Corporation (Japan), Aisin Corporation (Japan), Continental AG (Germany), Robert Bosch GmbH (Germany), and Mitsubishi Electric Corporation (Japan). These companies offer automotive pumps for automakers and have strong global distribution networks. Companies are also actively collaborating with global OEMs and launching new products to expand their market presence. Robert Bosh GmbH for instance, showcased hydrogen circulation pumps designed for high-power fuel cells, at the 2023 Haikou NEV Show. 

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Automotive Pump Market by Pump Type, Technology (Electric, Mechanical), Displacement Type, Vehicle Type, Sales Channel (OEM, Aftermarket), EV Type (BEV, HEV, PHEV, FCEV), Off-Highway Vehicles, Application, and Region - Global Forecast to 2035