Global Automotive Electric Fuel Pumps Market

Global Automotive Electric Fuel Pumps Market Size, Share, Growth Analysis, By Product Type(Brushed DC, Brushless DC), By Application(Passenger Cars, Light Commercial Vehicles), By Technology(Turbine Style, Sliding Vane) - Industry Forecast 2022-2028


Report ID: SQSG25A2012 | Region: Global | Published Date: November, 2022 | Pages: 165 | Tables: 89 | Figures: 67

Global Automotive Electric Fuel Pumps Market Insights

Global Automotive Electric Fuel Pumps Market was valued at USD  13.9 billion in the year 2021 and it is expected to reach USD  18.85 billion by 2028, growing at a CAGR of 4.5% during the forecast period (2022 to 2028). 

An electric fuel pump is one of the most important parts of a car since it is used to feed gasoline from the tank into the engine. During the projection period, it is anticipated that rising passenger car production and demand in developing nations like India, China, and Indonesia will fuel market expansion. Over time, automotive electric fuel pumps progressed from having basic mechanical functions to being electrically controlled. Due to improved fuel efficiency and the adoption of cutting-edge technology for better vehicle performance, the use of electrical injectors has significantly increased as compared to their mechanical counterparts.

Additionally, the market has seen fuel injection engines take the role of carburetor-based engines, eliminating the need for mechanical pumps. Additionally, electronic fuel pumps have many advantages over mechanical fuel pumps, including greater fuel efficiency, increased durability, reliability, and body-borne noise reduction abilities. Electric pumps are expected to become more and more important as a result of their improved capacity to push gasoline to the engine. When evaluating the engine's operating conditions, a well-functioning pump is used to provide the appropriate amount of oil while maintaining ideal pressure between the carburetor and pump to reduce overheating and prevent vapour lock. Over the projected period, it is anticipated that the aforementioned factors will increase demand for vehicle electric fuel pumps. 

The protection of pumps from gasoline vapour, reduced electrical load, prolonged pump life, and decreased risk of boiling all contribute to a lower risk of explosion, which further stimulates the global market. Furthermore, the global automobile industry's landscape is probably going to change as a result of developing technology. Changes in customer preferences, a greater emphasis on environmentally friendly products, and rising safety concerns are all expected to have a significant impact on how automobile technology develops. It is anticipated that increased efficiency and rising demand for lighter vehicles will propel the market. Over the course of the projection period, it is also anticipated that the rising production of fake goods combined with high production costs will restrain market expansion.

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Global Automotive Electric Fuel Pumps Market Segmental Analysis

The global automotive electric fuel pumps market is segmented based on product type, application, technology and region. Based on product type, it is segmented into Brushed DC, Brushless DC. Based on application it is segmented into: passenger cars, light commercial vehicles, heavy commercial vehicles. Based on technology, it is segmented into turbine style, sliding vane, roller vane. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by Type

Due to its widespread usage in heavy commercial and passenger vehicles to reduce anomalous wear caused by high spark discharges, the brushed DC category made up over 60.0 percent of the automotive electric fuel pumps market in 2021.

Electric gasoline pumps for vehicles often employ brushless DC motors because they offer a number of advantages over conventional motors, such as a higher torque-to-weight ratio, longer product life, enhanced dependability, and improved electricity conducting efficiency. Therefore, it is anticipated that brushless DC motors will advance the most quickly during the projected period.

Analysis by Application

In 2021, more than 50% of automotive electric fuel pumps market income came from passenger cars. This might be due to rising passenger vehicle production and demand in developing nations like India, China, and Brazil. Government laws that are strict on low-emission automobiles and standards like EURO 6 will further support the segment's growth. As a result, the passenger car category has a substantially bigger market share in terms of value than the other vehicle segments in the market for automotive pumps. During the projection period, the light commercial vehicle segment is anticipated to increase gradually.

The COVID-19 effect on passenger cars showed a favourable response as people all across the world are choosing private vehicles over public transportation. In addition, the demand for heavy commercial vehicles (HCVs) in developing nations is expected to expand quickly due to rising industrialization and the expansion of the construction industry throughout the course of the projected period.

Analysis by Technology

Over 65% of the total income in 2021 came from the turbine-style category. During the forecast period, it is predicted to have a CAGR of 5%. Due to its improved operating capabilities at very high speeds of around 7000 rpm and lower current drawing capabilities, as compared to the earlier version of the pumps, the segment's rise can be attributable to its rising use in the majority of newly made ICE vehicles.

Turbine electric fuel pumps also have additional advantages, such as accurate pressure measurement to deliver excellent performance, minimal noise emission, and ease of installation, which have contributed to the segment's domination in the global automotive electric fuel pumps market.

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Global Automotive Electric Fuel Pumps Market Regional Insights

In 2021, Asia Pacific led the automotive electric fuel pumps market in terms of value, holding a share of more than 57.0 %. Over the course of the forecast, it is anticipated to display the greatest CAGR. One of the main development drivers for the regional market is the high demand for passenger cars and large commercial vehicles among consumers and industrial uses in important growing nations like India, China, and Korea. With a growing preference for the automobile pump, China is today regarded as the largest automotive market in the world. The country's quick improvement in hybrid automotive vehicles has created a shift away from new car sales that offers appealing market potential in China. Important automakers like Toyota, Hyundai, Honda, and Suzuki have also developed production facilities in APAC, which has lowered total car prices and increased passenger vehicle usage in the region.

One of the top nations supporting the global automobile industry is Germany. The crippling period of production halt and lockdown is gradually ending for the nation's economically vital industry of vehicle manufacturing. Automotive pumps producers will experience increased demand as a result of government initiatives and steps taken to lower value added tax on all items, including autos.

The forecast period is expected to see unheard-of growth in the commercial vehicle and passenger car segments, with North America projected to experience the highest compound annual growth (CAGR) rate. This is a result of the region's expanding road infrastructure..

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Global Automotive Electric Fuel Pumps Market Dynamics

Driver

Compact Engines and Increased Vehicle Production to Boost Market Growth

  • The market for automotive electric fuel pumps is expected to grow at a high rate due to the trend toward smaller engines, rising vehicle production, and rising passenger vehicle demand. The automobile electric fuel pumps market is being restrained by the rise in fuel prices and the popularity and use of electric vehicles. The market is anticipated to rise as a result of technological developments and mergers by international firms to increase their customer base. In many cases, a fuel pump is a crucial part of a car or other internal combustion engine devices. The engine must meet specified fuel pressure requirements in order to function properly. However, an electric fuel pump aids in maintaining pressure to prevent engine inefficiencies. As a result, the market for electric fuel pumps will expand in the upcoming years.

Restraint 

Delayed Adoption of Technology Integrated Vehicles to Hinder Market Growth

  • Particularly in metropolitan areas and cities, electric vehicles have emerged as a viable substitute for conventional fuel vehicles. These cars don't release any toxic emissions and are environmentally beneficial. To increase the adoption of electric vehicles, such as battery electric vehicles, regulatory bodies in many nations are taking action. Delay in adoption of novel machines will hinder market growth. Over the projected period, market growth is expected to be hampered by the rising production of fake goods and high production costs.

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Global Automotive Electric Fuel Pumps Market Competitive Landscape

The existence of several international players defines the global market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our Automotive Electric Fuel Pumps market reports, some of the leading quality Automotive Electric Fuel Pumps manufacturers are as follows: Aisin Corporation (Japan), Denso (Japan, Robert Bosch GmbH (Germany), Valeo (France), Continental AG (Germany), Delphi Automotive PLC (UK), General Motors Company (US), Federal-Mogul Corporation (US), Visteon Corporation (US), Daewha Fuel Pump Ind., Ltd (South Korea), ACDelco (US).

Top Players in the Global Automotive Electric Fuel Pumps Market

  • Aisin Corporation (Japan)
  • Denso (Japan)
  • Robert Bosch GmbH (Germany)
  • Valeo (France)
  • Continental AG (Germany)
  • Delphi Automotive PLC (UK)
  • General Motors Company (US)
  • Federal-Mogul Corporation (US)
  • Visteon Corporation (US)
  • Daewha Fuel Pump Ind., Ltd (South Korea)
  • ACDelco (US)

Recent Developments

  • In June 2022, with the help of Hindustan Petroleum Corporation Limited (HPCL), an electric vehicle infrastructure start-up, EV chargers have been installed at petrol pumps along key roads and in cities throughout Uttar Pradesh, Bihar, and Uttarakhand.
  • In June 2022, EVI Technologies will offer EV consumers charging infrastructures at HPCL gas stations as part of this deal. Following the discovery of two safety issues in some models that could compromise the fuel supply or rearview image display, Stellantis announced it is recalling an estimated 256,404 Chrysler vehicles in the U.S. The two recalls affect 188,418 vehicles outside of North America and 248,705 vehicles outside the United States, including an estimated 60,287 Canadian vehicle..

Global Automotive Electric Fuel Pumps Key Market Trends

Popularity of PHEV and Engine Downsizing will Shape Market’s Future

  • Engine downsizing, which utilises advanced technologies like turbochargers, superchargers, and direct injection, is one of the most current trends in the automotive industry. OEMs are placing more and more emphasis on adopting compact engines that have power on par with or more than the current engines. Smaller engines contribute to a lighter overall vehicle, which increases the fuel efficiency of both gasoline and diesel engines.
  • A plug-in hybrid electric vehicle (PHEV) is a form of electric vehicle that combines an internal combustion engine-powered generator with an external electric power source to replenish the battery. The passenger car market is seeing a strong penetration of PHEVs, but there are also PHEV versions of vans and commercial vehicles, utility trucks, buses, trains, motorbikes, and mopeds. PHEVs combine the advantages of internal combustion engines and electric motors. Growth in this market sector is predicted to present profitable prospects.

Global Automotive Electric Fuel Pumps Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our analysis, during the projection period, increasing passenger car sales will fuel this segment growth. In terms of value, the passenger car sector will hold the biggest market share in 2021. As a result, the passenger car category has a substantially bigger market share in terms of value than the other vehicle segments in the market for automotive pumps. Players in the market will invest in R&D activities to launch IT integrated devices in the market. Collaborating with their end user will provide them with advantages over competitors.

Report Metric Details
Market size value in 2028   13.9 billion
Growth Rate 4.5%
Base year the
Forecast period 2022 to 2028
Forecast Unit (Value)   Billion
Segments covered
  • Product Type
    • Brushed DC, Brushless DC
  • Application
    • Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
  • Technology
    • Turbine Style, Sliding Vane, Roller Vane
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Aisin Corporation (Japan)
  • Denso (Japan)
  • Robert Bosch GmbH (Germany)
  • Valeo (France)
  • Continental AG (Germany)
  • Delphi Automotive PLC (UK)
  • General Motors Company (US)
  • Federal-Mogul Corporation (US)
  • Visteon Corporation (US)
  • Daewha Fuel Pump Ind., Ltd (South Korea)
  • ACDelco (US)
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Automotive Electric Fuel Pumps Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Automotive Electric Fuel Pumps Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Automotive Electric Fuel Pumps Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Automotive Electric Fuel Pumps Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Automotive Electric Fuel Pumps Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Automotive Electric Fuel Pumps Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

Automotive Electric Fuel Pumps Market is projected to reach USD 18.80 Billion by 2030, growing at a CAGR of 4.45% from 2022 to 2030.

The automotive market is increasingly demanding higher fuel efficiency, reduced CO2 emissions and improved reliability.The use of electric fuel pumps and integrating or substituting mechanical ones can help in addressing these needs, thanks to reduced friction, hydraulic losses, and power on-demand (i.e. the pump is actuated only when it’s really needed).

Global Automotive Electric Fuel Pumps Market was valued at USD  13.9 billion in the year 2021 and it is expected to reach USD  18.85 billion by 2028, growing at a CAGR of 4.5% during the forecast period (2022 to 2028). 

The existence of several international players defines the global market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our Automotive Electric Fuel Pumps market reports, some of the leading quality Automotive Electric Fuel Pumps manufacturers are as follows: Aisin Corporation (Japan), Denso (Japan, Robert Bosch GmbH (Germany), Valeo (France), Continental AG (Germany), Delphi Automotive PLC (UK), General Motors Company (US), Federal-Mogul Corporation (US), Visteon Corporation (US), Daewha Fuel Pump Ind., Ltd (South Korea), ACDelco (US). 'Aisin Corporation (Japan)', 'Denso (Japan)', 'Robert Bosch GmbH (Germany)', 'Valeo (France)', 'Continental AG (Germany)', 'Delphi Automotive PLC (UK)', 'General Motors Company (US)', 'Federal-Mogul Corporation (US)', 'Visteon Corporation (US)', 'Daewha Fuel Pump Ind., Ltd (South Korea)', 'ACDelco (US)'

The market for automotive electric fuel pumps is expected to grow at a high rate due to the trend toward smaller engines, rising vehicle production, and rising passenger vehicle demand. The automobile electric fuel pumps market is being restrained by the rise in fuel prices and the popularity and use of electric vehicles. The market is anticipated to rise as a result of technological developments and mergers by international firms to increase their customer base. In many cases, a fuel pump is a crucial part of a car or other internal combustion engine devices. The engine must meet specified fuel pressure requirements in order to function properly. However, an electric fuel pump aids in maintaining pressure to prevent engine inefficiencies. As a result, the market for electric fuel pumps will expand in the upcoming years.

Engine downsizing, which utilises advanced technologies like turbochargers, superchargers, and direct injection, is one of the most current trends in the automotive industry. OEMs are placing more and more emphasis on adopting compact engines that have power on par with or more than the current engines. Smaller engines contribute to a lighter overall vehicle, which increases the fuel efficiency of both gasoline and diesel engines.

In 2021, Asia Pacific led the automotive electric fuel pumps market in terms of value, holding a share of more than 57.0 %. Over the course of the forecast, it is anticipated to display the greatest CAGR. One of the main development drivers for the regional market is the high demand for passenger cars and large commercial vehicles among consumers and industrial uses in important growing nations like India, China, and Korea. With a growing preference for the automobile pump, China is today regarded as the largest automotive market in the world. The country's quick improvement in hybrid automotive vehicles has created a shift away from new car sales that offers appealing market potential in China. Important automakers like Toyota, Hyundai, Honda, and Suzuki have also developed production facilities in APAC, which has lowered total car prices and increased passenger vehicle usage in the region.

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