Report Code : CVMI24071902 | Published Date : July 16, 2024
The global fuel pumps market achieved a valuation of USD 16.9 billion in 2019 and reached USD 22.5 billion in 2023, growing at a CAGR of 5.6%. Accelerated by electrification trends and emission regulations, the market is projected to reach USD 38.9 billion by 2031 and expand at a CAGR of 9.0 % from 2024 onward. Industry Transformation Drivers
- Electrification Paradox: While EVs decrease the need for traditional pumps, PHEVs and range extenders still rely on advanced fuel delivery systems
- Pressure Revolution: Modern GDI systems require fuel pumps exceeding 500 bar (e.g., Bosch’s eHighPressure) Pump)
- Material Science: Carbon fiber-reinforced pumps reduce weight by 35% while handling biofuels
2. Market Drivers
Regulatory Pressure
- Euro 7 Standards: Require 50% lower particulate emissions, necessitating ultra-precise fuel metering
- EPA’s Clean Trucks Initiative: Requires a 10% improvement in fuel efficiency for heavy-duty vehicles by 2027
Technological Disruptions
- Smart Pump Systems:
- 30% of new pumps now include IoT connectivity for real-time monitoring diagnostics
- Continental’s eSmartPump™ predicts failures 500 hours in advance occurrence
- Hydrogen Fuel Pumps: Emerging USD 1.2 billion segment (e.g Denso’s H2-PumpPro™)
Aftermarket Expansion
- Replacement Cycle: Fuel pump failures account for 28% of no-start conditions, driving a USD 8.3 billion aftermarket 2028
- Counterfeit Crisis: 40% of aftermarket pumps in Asia fail within 12 months months
3. Competitive Landscape
Market Share Analysis (2023)
Company |
Market Share |
Breakthrough Innovation |
Strategic Focus |
Bosch |
34% |
700-bar GDI pump (2024) |
High-performance vehicles |
Denso |
XX% |
Hydrogen-compatible pumps |
Fuel-cell infrastructure |
Delphi |
XX% |
Self-priming turbo pumps |
Off-road applications |
TI Fluid Systems |
XX% |
Biofuel-resistant composites |
Sustainability |
Emerging Innovators
- Asian Industry: World’s smallest high-pressure pump for motorcycle GDI systems
- Pricol Technologies: AI-optimized variable-speed pumps that reduce energy consumption by 25%
4. Market Segmentation
By Pump Type
- Electric Fuel Pumps (XX% share): Dominates passenger vehicles (9.1% CAGR)
- Mechanical Pumps (XX%): Still critical for heavy-duty diesel applications
By Technology
- Turbo Pumps (XX% share): Growing at a CAGR of 11.2% for performance vehicles
- Roller Vane Pumps (XX%): A staple for budget-conscious markets
By Region
- Asia-Pacific (XX% share): Produces 65% of the global pumps
- North America (XX%): Aftermarket replacement accounts for 30% of revenue
5. Recent Developments (2022-2024)
- 2024: Bosch’s 700-bar pump enabled Mazda’s Skyactiv-X 2.0L engine
- 2023: Denso supplied 500,000 hydrogen pumps for Hyundai’s fuel-cell trucks
- 2022: Continental’s 3D-printed impeller boosted efficiency by 18%
Reasons To Buy

Scope

Key Players
- Bosch
- Delphi Technologies
- Denso Corporation
- Continental AG
- Carter Fuel Systems
Global Fuel Pumps Market Report
- 1. Global Fuel Pumps Market Research Report
- 1.1 Study Objectives
- 1.2 Global Fuel Pumps Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Fuel Pumps Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Material
- 2.1.3 By Application
- 2.1.4 By Fuel Type
- 2.1.5 By Vehicle Type
- 2.1.6 By Sales Channel
- 2.1.7 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Material, By Application, By Fuel Type, By Vehicle Type, By Sales Channel, By Country
- 3.3. Opportunities – By Type, By Material, By Application, By Fuel Type, By Vehicle Type, By Sales Channel, By Country
- 3.4. Trends – By Type, By Material, By Application, By Fuel Type, By Vehicle Type, By Sales Channel, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Fuel Pumps Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Mechanical
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Electric
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.3 Turbo
- 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Aluminum
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Stainless Steel
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Plastic
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Automotive
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 Marine
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.3 Aerospace
- 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.4 Industrial
- 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 Gasoline
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Diesel
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 Alternative Fuels
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.1 Passenger Cars
- 9.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.2 Commercial Vehicles
- 9.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.3 Motorcycles
- 9.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.1 OEM
- 10.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.2 Aftermarket
- 10.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.1 North America
- 11.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.2 Europe
- 11.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.3 Asia-Pacific
- 11.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.4 Latin America
- 11.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.5 Middle East & Africa
- 11.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.6 Global Fuel Pumps Market - Opportunity Analysis Index, By Type, By Material, By Application, By Fuel Type, By Vehicle Type, By Sales Channel, and Region, 2024 - 2031
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Mechanical
- 12.1.2 Electric
- 12.1.3 Turbo
- 12.2.1 Aluminum
- 12.2.2 Stainless Steel
- 12.2.3 Plastic
- 12.3.1 Automotive
- 12.3.2 Marine
- 12.3.3 Aerospace
- 12.3.4 Industrial
- 12.4.1 Gasoline
- 12.4.2 Diesel
- 12.4.3 Alternative Fuels
- 12.5.1 Passenger Cars
- 12.5.2 Commercial Vehicles
- 12.5.3 Motorcycles
- 12.6.1 OEM
- 12.6.2 Aftermarket
- 12.7.1 United States
- 12.7.2 Canada
12.9 Regional Trends Analysis
12.10 North America Global Fuel Pumps Market Research Report - Company Profiles- 12.10.1 Company 1 (United States)
- 12.10.2 Company 2 (Canada)
- 12.10.3 Company 3 (Canada)
- 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Mechanical
- 13.1.2 Electric
- 13.1.3 Turbo
- 13.2.1 Aluminum
- 13.2.2 Stainless Steel
- 13.2.3 Plastic
- 13.3.1 Automotive
- 13.3.2 Marine
- 13.3.3 Aerospace
- 13.3.4 Industrial
- 13.4.1 Gasoline
- 13.4.2 Diesel
- 13.4.3 Alternative Fuels
- 13.5.1 Passenger Cars
- 13.5.2 Commercial Vehicles
- 13.5.3 Motorcycles
- 13.6.1 OEM
- 13.6.2 Aftermarket
- 13.7.1 Germany
- 13.7.2 United Kingdom
- 13.7.3 France
- 13.7.4 Spain
- 13.7.5 Italy
- 13.7.6 Russia
- 13.7.7 Netherlands
- 13.7.8 Poland
- 13.7.9 Rest of Europe
13.9 Regional Trends Analysis
13.10 Europe Global Fuel Pumps Market Research Report - Company Profiles- 13.10.1 Company 1 (Germany)
- 13.10.2 Company 2 (United Kingdom)
- 13.10.3 Company 3 (United Kingdom)
- 14.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 14.1.1 Mechanical
- 14.1.2 Electric
- 14.1.3 Turbo
- 14.2.1 Aluminum
- 14.2.2 Stainless Steel
- 14.2.3 Plastic
- 14.3.1 Automotive
- 14.3.2 Marine
- 14.3.3 Aerospace
- 14.3.4 Industrial
- 14.4.1 Gasoline
- 14.4.2 Diesel
- 14.4.3 Alternative Fuels
- 14.5.1 Passenger Cars
- 14.5.2 Commercial Vehicles
- 14.5.3 Motorcycles
- 14.6.1 OEM
- 14.6.2 Aftermarket
- 14.7.1 China
- 14.7.2 Japan
- 14.7.3 India
- 14.7.4 South Korea
- 14.7.5 Australia & NZ
- 14.7.6 ASEAN
- 14.7.7 Rest of Asia-Pacific
14.9 Regional Trends Analysis
14.10 Asia-Pacific Global Fuel Pumps Market Research Report - Company Profiles- 14.10.1 Company 1 (China)
- 14.10.2 Company 2 (Japan)
- 14.10.3 Company 3 (Japan)
- 15.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 15.1.1 Mechanical
- 15.1.2 Electric
- 15.1.3 Turbo
- 15.2.1 Aluminum
- 15.2.2 Stainless Steel
- 15.2.3 Plastic
- 15.3.1 Automotive
- 15.3.2 Marine
- 15.3.3 Aerospace
- 15.3.4 Industrial
- 15.4.1 Gasoline
- 15.4.2 Diesel
- 15.4.3 Alternative Fuels
- 15.5.1 Passenger Cars
- 15.5.2 Commercial Vehicles
- 15.5.3 Motorcycles
- 15.6.1 OEM
- 15.6.2 Aftermarket
- 15.7.1 Brazil
- 15.7.2 Mexico
- 15.7.3 Argentina
- 15.7.4 Peru
- 15.7.5 Colombia
- 15.7.6 Rest of Latin America
15.9 Regional Trends Analysis
15.10 Latin America Global Fuel Pumps Market Research Report - Company Profiles- 15.10.1 Company 1 (Brazil)
- 15.10.2 Company 2 (Mexico)
- 15.10.3 Company 3 (Mexico)
- 16.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 16.1.1 Mechanical
- 16.1.2 Electric
- 16.1.3 Turbo
- 16.2.1 Aluminum
- 16.2.2 Stainless Steel
- 16.2.3 Plastic
- 16.3.1 Automotive
- 16.3.2 Marine
- 16.3.3 Aerospace
- 16.3.4 Industrial
- 16.4.1 Gasoline
- 16.4.2 Diesel
- 16.4.3 Alternative Fuels
- 16.5.1 Passenger Cars
- 16.5.2 Commercial Vehicles
- 16.5.3 Motorcycles
- 16.6.1 OEM
- 16.6.2 Aftermarket
- 16.7.1 Saudi Arabia
- 16.7.2 UAE
- 16.7.3 South Africa
- 16.7.4 Egypt
- 16.7.5 Israel
- 16.7.6 Rest of Middle East and Africa
16.9 Regional Trends Analysis
16.10 Middle East & Africa Global Fuel Pumps Market Research Report - Company Profiles- 16.10.1 Company 1 (Saudi Arabia)
- 16.10.2 Company 2 (UAE)
- 16.10.3 Company 3 (UAE)
- 17.1 Strategic Dashboard of Top Market Players
17.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 17.2.1 Bosch
- 17.2.2 Delphi Technologies
- 17.2.3 Denso Corporation
- 17.2.4 Continental AG
- 17.2.5 Carter Fuel Systems
19. Principal Presumptions and Acronyms