April 2025
Senior Research Analyst
Reviewed By
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.
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.
Metric | Details |
Market Size in 2024 | USD 2.13 Billion |
Projected Market Size in 2034 | USD 3.86 Billion |
CAGR (2025 - 2034) | 6.13% |
Leading Region | Asia Pacific |
Market Segmentation | By Technology, By Vehicle Type, By Pump Type, By Sales Channel and By Region |
Top Key Players | SHW AG, Magna International Inc., DENSO Corporation, Continental AG, Johnson Electric Group |
Key Growth Driver | Rising demand for passenger and commercial vehicles |
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.”
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.
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.
By Technology
By Vehicle Type
By Pump Type
By Sales Channel
By Region
April 2025
April 2025
April 2025
April 2025
Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.
We offer automotive expertise for market projections and customizable research, adaptable to diverse strategic approaches.
Contact Us