Automotive Fuel Transfer Pumps Market Trends, Disruptors and Competitive Strategy

Automotive Fuel Transfer Pumps Market Growth and Competitive Landscape

The automotive fuel transfer pumps market is predicted to expand from USD 2.26 billion in 2025 to USD 3.86 billion by 2034, growing at a CAGR of 6.13% during the forecast period from 2025 to 2034.

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Introduction

The automotive fuel transfer pumps market is a crucial segment of the automotive industry. This market deals in manufacturing and distribution of fuel pumps for automotives. There are various types of pumps developed in this industry comprising of fuel injection pump, fuel pump, water pump, vacuum pump and some others. These pumps are based on different technologies such as mechanical and electric. It is designed for several types of vehicles comprising of passenger vehicles and commercial vehicles. The growing demand for passenger cars has boosted the industrial expansion. This market is expected to grow significantly with the rise of the automotive components industry in different parts of the globe.

• According to the OICA, around 659809 passenger cars were sold in Indonesia during 2021 that increased to 779326 in 2023.

Highlights of the Automotive Fuel Transfer Pumps Market

• Asia Pacific held the largest share of the automotive fuel transfer pumps market due to the rising demand for ICE vehicles in this region.
• Europe is expected to grow with a significant CAGR due to the presence of several automotive component brands in this region.
• The electric segment held the highest share of the market due to its higher efficiency and performance as compared to mechanical pumps.
• The passenger cars segment led the industry due to the growing sales of passenger vehicles across the world.

Key Metrics and Overview

Automotive Fuel Transfer Pumps: Figures and Stats

• According to the India Brand Equity Foundation, the auto component exports from India is predicted to reach US$ 100 billion by 2030.
• According to the International Trade Administration, the Mexican auto parts market size reached US$ 116 billion in 2023.
• According to the Engine Technology Forum, around 198202 diesel-powered vehicles were sold in the U.S. during the 4th quarter of 2024.
• According to the SMMT, around 39,865 petrol cars were sold in the UK during February 2025.

Industry Leader Announcement

In September 2024, Brian Altenberger, the aftermarket business director at TI Automotive announced that,” “The BKS1002 further expands our line of fuel pump kits with another high-pressure, high-performance technology, but adds additional flexibility for enthusiasts, there has been a significant demand in the market for the option to purchase a standalone pump and the BKS1002 now provides that option.”

Geographical Insights

Asia Pacific held the largest share of the automotive fuel transfer pumps market. The growing sales and production of automotives has boosted the market growth. Also, the rising trend of hybrid vehicles along with presence of several automotive brands such as Toyota, Hyundai, Kia and some others is crucial for the industrial expansion. Moreover, the rapid investment in automotive component sector by several companies is driving the growth of the automotive fuel transfer pumps market in this region.

Competitive Landscape

The automotive fuel transfer pumps market is a highly competitive industry with the presence of several dominating players. Some of the crucial players in this industry consists of SHW AG, Magna International Inc., DENSO Corporation, Continental AG, Johnson Electric Group, Mikuni Corporation, JTEKT Corporation, Rheinmetall AG and some others. These companies are constantly engaged in developing fuel transfer pumps for automotives and adopting numerous strategies to maintain their dominant position in this industry.

• According to the annual report of Mikuni Corporation, the revenue of the company in 2023 was 93847 million yen that increased to 99941 million yen in 2024.

Market Segmentations

By Technology

• Electrical
• Mechanical

By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• Heavy Vehicles

By Pump Type

• Fuel Supply
• Fuel Injection
• Engine Oil
• Transmission Oil
• Vacuum
• Others

By Sales Channel

• OEM
• Aftermarket

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa