Global fuel injection systems market has received a tremendous boost in recent years on account of rising environmental concerns and regulations regarding carbon emissions. The report emphasizes several advantages & drawbacks of fuel injection system by valuing the market from value chain breakdown. Moreover, the report encompasses numerous features of the fuel injection system industry which comprises market growth, segmentation, applications, types along with key industry opportunities. The fuel injection system market has tough competition with the new emerging , gasoline direct injection technology
The global automotive fuel injection market is estimated to reach around USD 78 billion by 2028, growing at ~6% CAGR during the forecast period. The shift towards electric vehicles, short lifespan of injectors compared to the carburetor, volatile raw material prices, and fluctuation in crude oil prices are restraining the growth of global market for automotive fuel injection. However, rapid expansion of automotive industry in developing regions and growing demand for autonomous vehicles are providing growth opportunities. The report provides comprehensive information about the components, types, applications, key players & others, involved in this market
EXPERT ANALYSIS
Based on experts opinions, Factors such as increasing global vehicle production, increasing need for fuel efficiency and stringent emission norms are driving the research and growth of the automotive fuel injection systems market. However, these factors have made companies look for alternative technologies. In case of gasoline engines, the gasoline direct injection technology can offer all these benefits at a reasonable cost. This technology has already started gaining a significant market share over gasoline port fuel injection technology in all the developed countries and developing countries. The increase in importance of manufacturing & usage of electrical vehicles and the supporting government regulations for green technology may hinder the growth for fuel injection systems market. The increase in demand for electrical vehicles shall have weakening effect on the industry growth. Moreover, these systems are reasonably expensive, have a shorter life and are difficult to repair.
APPLICATIONS ANALYSIS
In terms of the application, mainly involves Emission control, controlled fuel consumption, works even without power supply others. The growth of this segment is largely ascribed to the growing adoption of advanced technologies in the automobile industry and an increase in the need to provide better services to the customers, predicted to achieve the largest growth during the forecast years 2021-2028.
REGIONAL ANALYSIS
The automotive production in Asia-Pacific region is increasing. Growing purchasing power, demand for high fuel-efficient vehicles, and enforcement of stringent emission norms in emerging nations such as China, Thailand, and India has resulted in an increase in demand for fuel injection system. Europe is expected to witness lucrative growth owing to continuous development for advanced automotive engines with high fuel efficiency. The Latin America and Middle East and Africa are expected to witness significant growth over the coming years for advanced fuel injection system among automotive and marine industry.
KEY PLAYERS OF FUEL INJECTION SYSTEMS-
Major market players of automotive fuel injection systems market include Continental AG (Germany), Delphi Automotive PLC (U.K.), Denso Corporation (Japan), Robert Bosch (Germany), Hitachi Limited (Japan), and Magneti Marelli (Italy) among others. Denso Corporation developed a new FIS for diesel common rail (DCR) with world’s high injection pressure of 2500 bar. This development has helped increase the fuel efficiency by 3 percent while reducing nitrogen oxide and particulate matter by 8 and 50 percent respectively. This new DCR system has been launched for various sector vehicles worldwide.
Intended Audience:
- Automotive fuel injection manufacturers, distributors and suppliers
- State and national regulatory authorities
- Raw material suppliers
- Market research and consulting firm
- Investors/shareholders
- Government and industry associations
- State or government-owned corporations
- Research organizations
Segment Overview of Global Fuel Injection System Market
Component Overview, 2019-2028 (USD Million)
- Fuel Pump
- Fuel Pressure Regulator (FPR)
- Fuel Injectors
- Electronic Control Unit (ECU)
Application Overview, 2019-2028 (USD Million)
- Emission control
- Controlled fuel consumption
- Works even without power supply
- Simple setup
- Power output
- Increased vehicles mileage
- Easy start
Type Overview, 2019-2028 (USD Million)
- Single- point or throttle body
- Port or multipoint
- Sequential
- Direct
Regional Overview, 2019-2028 (USD Million)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Rest of South America