Automotive pumps were conventionally used for transferring fluid; however, now they are being increasingly used to improve fuel efficiency and vehicle performance. The automotive fuel transfer pumps market has been witnessing healthy growth, on account of rapidly growing automotive industry and ongoing technological advancements. Recent technological advances such as interactive safety systems, self-driving cars and vehicle connectivity is expected to change the global scenario of the automotive industry over the forecast period. Automakers are actively engrossed in the integration of various technologies such as automatic transmission, gasoline turbochargers, gasoline direct injection and power steering. With the rapidly changing dynamics of the automotive industry, these technologies are expected to positively impact the growth of the global automotive fuel transfer pumps market. Growing awareness among middle class buyers coupled with increasing purchasing power would further propel the demand for automotive fuel transfer pumps in near future.

The automotive fuel transfer pumps market in Asia-Pacific is primarily influenced by renting and reselling of automobiles. Countries such as Brazil and Mexico are expected to contribute significantly to the Latin America automotive market. Mining and industrial sectors are forecast to boost the sales of light and heavy commercial vehicles in MEA region. The presence of numerous automobile giants in the European countries, such as Germany, France and Italy, is projected to augment the market growth in this region. The demand for hybrid and electric passenger vehicles is further expected to drive the market growth over the forecast period.

Some of the major players operating in the global automotive fuel transfer pumps market include Denso Corporation, Robert Bosch GmbH, Aisin Seiki Co. Ltd., Continental AG, Johnson Electric, Delphi Automotive PLC, Magna International Inc., SHW AG, JTEKT Corporation and Mikuni Corporation.