| Product Code: ETC5164521 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia automotive electric fuel pumps market witnessed a steady growth in imports from 2020 to 2024. The compound annual growth rate (CAGR) for this period was 11.92%. However, there was a slight decline in the year-on-year growth rate in 2024, which stood at -25.51%. Overall, the import trend showed positive growth during this period.

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 Armenia Automotive Electric Fuel Pumps Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Automotive Electric Fuel Pumps Market - Industry Life Cycle |
3.4 Armenia Automotive Electric Fuel Pumps Market - Porter's Five Forces |
3.5 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Armenia Automotive Electric Fuel Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Armenia |
4.2.2 Growing awareness about environmental sustainability and the shift towards electric vehicles |
4.2.3 Technological advancements in electric fuel pump systems |
4.3 Market Restraints |
4.3.1 High initial investment cost for switching to electric fuel pump systems |
4.3.2 Limited availability of charging infrastructure for electric vehicles in Armenia |
4.3.3 Concerns regarding the reliability and durability of electric fuel pumps in comparison to traditional fuel pumps |
5 Armenia Automotive Electric Fuel Pumps Market Trends |
6 Armenia Automotive Electric Fuel Pumps Market Segmentations |
6.1 Armenia Automotive Electric Fuel Pumps Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume, By Bushed DC, 2021-2031F |
6.1.3 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume, By Bushless DC, 2021-2031F |
6.2 Armenia Automotive Electric Fuel Pumps Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume, By Lightweight Commercial Vehicles, 2021-2031F |
6.2.4 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume, By Heavy Weight Commercial Vehicles, 2021-2031F |
6.3 Armenia Automotive Electric Fuel Pumps Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume, By Turbine Style, 2021-2031F |
6.3.3 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume, By Sliding Style, 2021-2031F |
6.3.4 Armenia Automotive Electric Fuel Pumps Market Revenues & Volume, By Roller Vane, 2021-2031F |
7 Armenia Automotive Electric Fuel Pumps Market Import-Export Trade Statistics |
7.1 Armenia Automotive Electric Fuel Pumps Market Export to Major Countries |
7.2 Armenia Automotive Electric Fuel Pumps Market Imports from Major Countries |
8 Armenia Automotive Electric Fuel Pumps Market Key Performance Indicators |
8.1 Adoption rate of electric vehicles in Armenia |
8.2 Investment in research and development for improving electric fuel pump technology |
8.3 Number of new charging stations for electric vehicles installed in Armenia |
9 Armenia Automotive Electric Fuel Pumps Market - Opportunity Assessment |
9.1 Armenia Automotive Electric Fuel Pumps Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Armenia Automotive Electric Fuel Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Armenia Automotive Electric Fuel Pumps Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Armenia Automotive Electric Fuel Pumps Market - Competitive Landscape |
10.1 Armenia Automotive Electric Fuel Pumps Market Revenue Share, By Companies, 2024 |
10.2 Armenia Automotive Electric Fuel Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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