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The report titled ‘Fuel Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 – 2019’ analyzes the worldwide market for various types of fuel pumps. This report gives you access to comprehensive analytics across geographies such as Asia Pacific, North America, Europe, and Rest of the World. These market data analytics are gleaned from primary and secondary research efforts. Annual forecasts and estimates are provided for the forecast period ranging from 2013 to 2019. A structured view of the competitive landscape is presented using Porter’s five forces analysis. The report also enumerates growth trends and opportunities and growth inhibitors.
 
In addition to these insights, this research report also offers a comprehensive company profiles section that provides information on the strategies, recent developments, financial standing, and product portfolios of leading participants in the market. 
Market overview
 
A fuel pump is a vital component in the fuel system of an automobile. The three key functions of a fuel pump are: to deliver the right fuel quantity in keeping with the operating conditions of the engine, to maintain optimal pressure between the pump and carburetor to prevent fuel from overheating, and in most cases, to prevent vapor lock. While their essential functions remain the same, there are various types of fuel pumps based on different operating principles such as: mechanical, electrical and vacuum pumps.
 
A fuel pump is thus an indispensible component of an internal combustion engine. A number of old engines had no function for a fuel pump as fuel-feeding depended solely on gravitational force. But, engines that do not use the gravitational feed technology need to incorporate a pump that can feed fuel from the tank to the engine. A carburetor engine comprises a low-pressure mechanical pump whereas fuel injection engines rely on electric fuel pumps. Besides controlling the fuel feed, these pumps perform the vital task of bringing fuel efficiency to an engine. 
 
Turbo pumps, mechanical pumps, and electric pumps are among popular fuel pump designs. While turbo pumps are primarily seen in jet engines, electrical and mechanical pumps are used in contemporary cars. Mechanical pumps, on the other hand, were popular in older car models. 
 
The fuel pumps market is spread across key geographies of North America, Europe, Asia Pacific and Rest of the World. While NA and Europe are leading fuel pump markets currently, demand from the Asia Pacific and RoW regions is likely to increase on account of the expanding automotive and automobile markets here. Asian nations such as China and India, and developing African nations are witnessing a burgeoning automotive and automobile industry. 
 
Dynamics of the fuel pump market are however, likely to undergo a because of government regulations for fuel efficiencies and environmental sustainability. Fuel injection pumps and systems are being increasingly used to achieve federal fuel efficiency mandates. Though our analysts anticipate healthy technological development in this market, concerns about the global economy could decelerate growth.
 
Companies mentioned
 
Delphi Automotive LLP, Farstar Auto Parts Co., Great Plants Industries, LTD., Pricol Limited, Robert Bosch GmbH, Spectra Premium, and Suntec Industries Incorporated , among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

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

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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