Follow

Thursday, 21 May 2015

Fuel Pumps Market Growth, Industry Trends To 2022 by Grand View Research, Inc.


Global fuel pumps market is expected to be driven by their increasing application in transportation on account of rising population and corresponding demand for automobiles. Fuel pumps have replaced conventional reliance on gravitational force for fuel injection to the vehicle engine. Technological developments and focused enhancement of engine speed and efficiency are further expected to complement global fuel pumps market growth. Fuel pumps can be categorized on the basis of product into turbo, electric and mechanical fuel pumps. Jet engines are mainly operated by turbo pumps and electric pumps are used in most modern automobiles. These fuel pumps are expected to witness significant growth on account of rising air passenger traffic and consequently growing commercial airliner’s demand.
http://www.grandviewresearch.com/industry-analysis/fuel-pumps-market

No comments:

Post a Comment