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How Big Is the Fuel Pump Market | Trends 2031

Code: MTA5820 Publication Date: Jul 2025

What is the size of Fuel Pump Market?

According to 绿帽社 internal database and industry insights, the Fuel Pump Market was estimated at USD 20 billion in 2024 and is projected to reach USD 30 billion by 2031, growing at a CAGR of 7.4% during the forecast period 2025–2031.

Due to rising global vehicle fleet, increasing automotive production, and growing demand for efficient fuel delivery systems in both conventional and hybrid vehicles.

Key Growth Drivers of the Fuel Pump Market

  • Increasing vehicle production and internal combustion engine usage
  • Rising demand for fuel-efficient automotive components
  • Growth in the automotive aftermarket and vehicle servicing industry
  • Expansion of hybrid and plug-in hybrid vehicle segments
  • Technological innovations in electronic fuel injection systems

Fuel Pump Market Trends

Fuel pump market is growing with shift towards from mechanical to electric and turbo fuel pumps to support fuel-efficient engines. The focus is emphasizing on lightweight and compact designs to improve vehicle performance. The market is integrated with OEMs advanced fuel pump modules for better emission control. Due to the extended life of vehicles, aftermarket segment is also growing. Electric fuel pumps with brushless motors and low-noise operation are gaining popularity.

Emerging Developments in the Fuel Pump Market

Fuel pump market is advancing which include the use of composite materials for pump housing to reduce weight and increase durability. Smart fuel pumps with sensors are being introduced to optimize fuel pressure in real time. Innovation is occurring in low-voltage and high-performance pumps for hybrid vehicles. Integration with ECU (Electronic Control Unit) for predictive diagnostics is also advancing. Start-stop compatible fuel pumps are being developed for next-gen vehicles.

Leading Companies in the Fuel Pump Market

  • Bosch Limited
  • Continental AG
  • Denso Corporation
  • Delphi Technologies
  • Magneti Marelli
  • TI Automotive Inc.
  • Hitachi Automotive Systems
  • Valeo S.A.
  • Carter Fuel Systems
  • Aisin Seiki Co., Ltd.
How Big Is the Fuel Pump Market : FAQ's
The fuel pump market was estimated at USD 20 billion in 2024 and is projected to reach USD 30 billion by 2031
The fuel pump market is predicted to grow at a CAGR of 7.4% from 2025 to 2031.
Automotive production growth, demand for fuel efficiency, and tech upgrades in fuel systems are major drivers.
Major companies include Bosch, Denso, Continental, Delphi, and TI Automotive.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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