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Automotive Fuel Injection System Market : Global Demand Analysis & Opportunity Outlook 2024

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Extensive insights into the Growth of Automotive Fuel Injection System Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Automotive Fuel Injection System Market Overview

An automotive fuel injection system is composed of different components such as fuel pump, injectors, fuel rail, regulators, computers, and sensors. The function of a fuel injector is to spray fuel as fine droplets depending on the airflow inside the engine. Fuel injection system helps to maintain the health of the engine as well as it reduces the carbon emission. It offers many benefits to the vehicles such as easy to start, smooth running of engine, fuel burning efficiency, saving the fuel by preventing excessive consumption, providing precise amount of fuel to all cylinders and increasing mileage of the vehicles.  

Market Size and Forecast

The automotive fuel injection system market is expected to expand at a CAGR of 5.2% over the forecast period i.e. 2017-2024. The increasing demand for fuel efficient vehicles and inflexible emission control norms taken by government are anticipated to drive the demand for automotive fuel injection system over the forecast period.

Geographically, Asia-pacific is the dominating region in automotive fuel injection market. Automotive production has experienced a rapid growth in the developing regions such as Asia Pacific and Central & South America in the recent past. With the rise in disposable income levels, the purchasing power has positively impacted the growth over the recent years. Increase in demand for two wheelers in the emerging economies such as India and China coupled with stringent emission control norms are supposed to play a key role in molding the automotive fuel injection system market in the next few years.

Automotive fuel injection

Europe stood at the second position in the automotive fuel injection systems market in terms of revenue in 2016. The region is expected to perceive a moderate growth in the near future owing high market saturation. France, UK and Germany are likely to lead the overall demand for the regional automotive fuel injection systems market. Besides this, North America is also a major market for fuel injection systems owing to the increase in sales of light commercial vehicles that are used for general and off-road applications. CLICK TO DOWNLOAD FREE SAMPLE REPORT

Market Segmentation

Our in-depth analysis segmented the automotive fuel injection system market in the following segments:

By Vehicles

  • Passenger cars
  • Two-Wheelers
  • Light commercial vehicles
  • Heavy commercial vehicles

By Fuel

  • Diesel
  • Gasoline

 

By Technology

  • Diesel Direct Injector
  • Gasoline port Injection
  • Gasoline Direct Injection

By Component

  • Fuel injector
  • Engine Control Unit
  • Fuel Pump
  • Fuel Pressure Regulator

By Region

Global automotive fuel injection market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Growth Drivers and Challenges

Significant improvement in per capita income and rise in standard of living of the population in developing countries are some of the major factors responsible for rising demand for two-wheelers and passengers cars. The growth in the automobile market, coupled with the demand for more fuel efficient vehicles that meets emission norms, has resulted in an increase in the demand for better fuel injection systems. Improved fuel efficiency is achieved with proper cylinder to cylinder distribution of fuel, which results in less fuel consumption with the same output. The ability to accommodate alternate fuels and better diagnostic capability are expected to offer plenty opportunities to industry participants in the coming few years.

However, stringent emission norms taken by government have resulted in ban on diesel cars in some countries.  Besides this, the raw material prices are expected to negatively impact the industry growth over the forecast period which would further hinder the growth of automotive fuel injection system market globally. Growing environmental concern has resulted in the development of electric vehicles which would work as a substitute to conventional vehicles and are assumed to hamper the growth of automotive fuel injection system market.

Key players

The major key players for automotive fuel injection market are as follows:

  • Continental AG
  • Delphi automotive PLC
  • Denso Corporation
  • Hitachi Ltd
  • Robert Bosch GmbH
  • Magneti Marelli S.p.A
  • Keihin Corporation
  • Woodward
  • Kinsler Fuel Injection
  • Edelbrock LLC

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The Global automotive fuel injection Market is segmented as follows:

  • By Vehicle Market Size & Y-O-Y Growth Analysis
  • By Fuel Channel Market Size & Y-O-Y Growth Analysis
  • By Technology Market Size & Y-O-Y Growth Analysis
  • By Component Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment


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