Emphasis on Fuel-efficient Vehicles Puts Automotive Fuel Delivery and Injection Systems Market in High Gear, to Reach US$72.76 bn by 2021
According to a new market report published by Transparency Market Research “Automotive Fuel Delivery and Injection Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021,” the automotive fuel delivery and injection systems market was valued at US$ 54.60 bn in 2014, and is expected to reach US$ 72.76 bn by 2021, at a CAGR of 4.9% from 2015 to 2021.
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Exponential growth in government regulations owing to emission norms and fuel efficient vehicles is one of the major factors fueling demand of the automotive fuel delivery and injection systems market. The automotive fuel delivery and injection systems market has been segmented into five segments based on type. These include port fuel injection, throttle body fuel injection, direct injection, and sequential fuel injection systems. Moreover, the automotive fuel delivery and injection systems market has been segmented into by vehicle type which includes heavy commercial vehicle, light commercial vehicle, passenger vehicle and hybrid vehicle. Furthermore, the market has also been segmented into by fuel type, which includes gasoline, diesel and alternate fuel respectively.
Port fuel injection and throttle body fuel injection type held the largest market share in the automotive fuel delivery and injection systems market. Port fuel injection is the mostly used fuel injection systems because of its maintenance free design that reduces the overall maintenance charges. Throttle body fuel injectors holds the second largest market because of its simple design and low maintaining charges in the year 2014. In addition, increasing trend towards fuel efficient and emission free vehicle, manufacturers are shifting towards more advanced fuel injection systems such as sequential fuel injection system and direct fuel injection system in diesel combustion engines. However, increasing demand for Hybrid Electric Vehicle (HEVs) and Compressed Natural Gas (CNG) vehicles is aiding for the growth of port fuel delivery and injection systems in HEVs and FCVs market.
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In 2014, Europe accounted for the largest market share in the automotive fuel delivery and injection systems market. Exponential growth in the logistics industry, in addition to increasing information about safety, and setup of Low Emission Zones (LEZs) in European Union is fueling the demand for low emission vehicles which is also boosting demand of automotive fuel delivery and injection systems in this region. Asia Pacific is one of the fastest growing markets because of government regulations concerning about exhaust gas emission and fuel efficient vehicles due to erratic fuel prices, has resulted in implications of advanced fuel injection and delivery systems technologies..
Robert Bosch GmbH, Denso Corporation, Continental AG, MSD Ignition, Alternative Fuel Systems, Inc., Delphi Automotive PLC, Continental AG, and Hitachi Automotive Systems, Ltd. among others, are some of the key players in the automotive fuel delivery and injection systems market. The market has been segmented as follows:
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Global Automotive Fuel Delivery and Injection Systems Market: By Vehicle Type
Heavy Commercial Vehicle
Light Commercial vehicle
Global Automotive Fuel Delivery and Injection Systems Market: By Fuel Type
Global Automotive Fuel Delivery and Injection Systems Market: By Type
Port Fuel Injectors
Throttle Body Fuel Injector
Sequential Fuel Injectors
The report provides a cross-sectional analysis of all the above segments with respect to the below mentioned regions.
Global Automotive Fuel Delivery and Injection Systems Market: By Geography
Rest Of Europe
Rest Of Asia Pacific
Rest of the World
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