Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Product Type (Bushed DC, Bushless DC), By Application (Passenger Cars, Lightweight Commercial Vehicles, Heavy Weight Commercial Vehicles), By Technology (Turbine Style, Sliding Style, Roller Vane) And Competitive Landscape
Product Code: ETC399707 | Publication Date: Feb 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The Latin America Automotive Electric Fuel Pumps Market is anticipated to grow at a tremendous rate over the forecast period. The key factors stimulating the market growth are the rising production of vehicle and sales, as well as the stringent emission norms.
According to 6Wresearch, the Latin America Automotive Electric Fuel Pumps Market size is anticipated to grow at a higher growth rate during the 2023-2029. The key factors stimulating the market growth are the rising production of vehicle and sales, as well as the stringent emission norms. The sector in the region will flourish more in the near future as it plays an essential role in the upliftment of every Latin American country.
Brazil is anticipated to be the largest industry for automotive electric fuel pumps in the region, followed by Mexico as well as Argentina. Brazil is amongst the largest sectors for automotive in the continent, due to the rising vehicle production and sales. Also, the nation has strict norms for emission, which are further likely to drive the demand for automotive electric fuel pumps. Some other essential factors stimulating the market are economic growth, growing incomes as well as the favourable financing options. The electrification trend of vehicles is obtaining momentum in the continent, with many manufacturers investing in this technology. It is estimated to provide a growth to the demand for these4 pumps. Leading players in the market hold a huge share owing to their strong presence in the continent and their significant customer base.
There are many growth opportunities for the key players in the market since the market is growing with each passing day in an effortless manner. Lack of infrastructure and the high prices of electric fuel pumps are the major challenges the sector is currently confronting.
A number of industries in the world affected significantly by the coronavirus pandemic owing to the imposed lockdown. Significant fall in the demand for automotive electric fuel pumps during the pandemic affected the electric fuel pump sales. The pandemic slowed down the production of electric fuel pumps, which affected the growth of the market. The pandemic also disturbed the economic and financial structures of countries in the Latin America. The market came across many challenges but it has now recovered from all of them. The entire automotive market across the world faced challenges when the pandemic hit. The Latin America Automotive Electric Fuel Pumps Market share is growing as the sector has recovered from the pandemic impacts.
On the basis of nations, the Automotive Electric Fuel Pumps Market in Latin America is divided into Brazil, Mexico, Argentina, and Rest Of Latin America. Brazil is anticipated to be the largest industry for automotive electric fuel pumps in the region, followed by Mexico as well as Argentina. Brazil is amongst the largest sectors for automotive in the continent, due to the rising vehicle production and sales. Also, the nation has strict norms for emission, which are further likely to drive the demand for automotive electric fuel pumps.
On the basis of product type, the Latin America Automotive Electric Fuel Pumps Industry is divided into Bushed DC, and Bushless DC. Brushless DC motors are used in automotive electric fuel pumps has many advantages over its counterpart like high torque to weight ratio, better product longevity as well as reliability, and higher electricity conducting efficiency. Therefore, brushless DC segment are is likely to witness the rapid growth during the forecast period.
On the basis of application, the sector in the region is divided into Passenger Cars, Lightweight Commercial Vehicles, and Heavy Weight Commercial Vehicles. Fastest growing demand for heavy commercial vehicles in developing nations, owing to growing industrialization and construction industry expansion, is anticipated to drive the demand for HVC segment in the coming years.
On the basis of technology, the sector is divided into Turbine Style, Sliding Style, and Roller Vane. Out of these, the turbine style segment is projected to grow.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Automotive Electric Fuel Pumps Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Automotive Electric Fuel Pumps Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Automotive Electric Fuel Pumps Market - Industry Life Cycle |
3.4 Latin America Automotive Electric Fuel Pumps Market - Porter's Five Forces |
3.5 Latin America Automotive Electric Fuel Pumps Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Automotive Electric Fuel Pumps Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Latin America Automotive Electric Fuel Pumps Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.8 Latin America Automotive Electric Fuel Pumps Market Revenues & Volume Share, By Technology, 2020 & 2027F |
4 Latin America Automotive Electric Fuel Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Automotive Electric Fuel Pumps Market Trends |
6 Latin America Automotive Electric Fuel Pumps Market, 2017 - 2027 |
6.1 Latin America Automotive Electric Fuel Pumps Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.2 Latin America Automotive Electric Fuel Pumps Market, Revenues & Volume, By Application, 2017 - 2027 |
6.3 Latin America Automotive Electric Fuel Pumps Market, Revenues & Volume, By Technology, 2017 - 2027 |
7 Brazil Automotive Electric Fuel Pumps Market, 2017 - 2027 |
7.1 Brazil Automotive Electric Fuel Pumps Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 Brazil Automotive Electric Fuel Pumps Market, Revenues & Volume, By Application, 2017 - 2027 |
7.3 Brazil Automotive Electric Fuel Pumps Market, Revenues & Volume, By Technology, 2017 - 2027 |
8 Mexico Automotive Electric Fuel Pumps Market, 2017 - 2027 |
8.1 Mexico Automotive Electric Fuel Pumps Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Mexico Automotive Electric Fuel Pumps Market, Revenues & Volume, By Application, 2017 - 2027 |
8.3 Mexico Automotive Electric Fuel Pumps Market, Revenues & Volume, By Technology, 2017 - 2027 |
9 Argentina Automotive Electric Fuel Pumps Market, 2017 - 2027 |
9.1 Argentina Automotive Electric Fuel Pumps Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Argentina Automotive Electric Fuel Pumps Market, Revenues & Volume, By Application, 2017 - 2027 |
9.3 Argentina Automotive Electric Fuel Pumps Market, Revenues & Volume, By Technology, 2017 - 2027 |
10 Rest of Latin America Automotive Electric Fuel Pumps Market, 2017 - 2027 |
10.1 Rest of Latin America Automotive Electric Fuel Pumps Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Rest of Latin America Automotive Electric Fuel Pumps Market, Revenues & Volume, By Application, 2017 - 2027 |
10.3 Rest of Latin America Automotive Electric Fuel Pumps Market, Revenues & Volume, By Technology, 2017 - 2027 |
11 Latin America Automotive Electric Fuel Pumps Market Key Performance Indicators |
12 Latin America Automotive Electric Fuel Pumps Market - Opportunity Assessment |
12.1 Latin America Automotive Electric Fuel Pumps Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Automotive Electric Fuel Pumps Market Opportunity Assessment, By Product Type, 2020 & 2027F |
12.3 Latin America Automotive Electric Fuel Pumps Market Opportunity Assessment, By Application, 2020 & 2027F |
12.4 Latin America Automotive Electric Fuel Pumps Market Opportunity Assessment, By Technology, 2020 & 2027F |
13 Latin America Automotive Electric Fuel Pumps Market - Competitive Landscape |
13.1 Latin America Automotive Electric Fuel Pumps Market Revenue Share, By Companies, 2020 |
13.2 Latin America Automotive Electric Fuel Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |