Automotive fuel delivery injection systems are considered as a sustainable means to reduce carbon emissions. By achieving the perfect balance between fuel and air mixture, these systems manage the fuel delivery efficiently, controlling the emission of hazardous gasses from unburnt fuel and optimizing the mileage of the vehicle.
The growing demand for advanced automotive fuel delivery and injection systems that are low on maintenance with simple design yet higher efficacy, on account of the rising preference for hybrid electric vehicles and automobiles that run on compressed natural gas (CNG), has attracted a great deal of investments in research and development activities. This factor is anticipated to bring in significant growth to this market in the near future. Along with this, the commercialization of hydrogen fuel cell vehicles is also expected to fuel the demand for these systems over the next few years.
The global opportunity in the automotive fuel delivery and injection systems market is estimated to increase from US$54.6 bn in 2014 to US$72.7 bn by 2021, rising at a CAGR of 4.90% during the period from 2015 to 2021.
Asia Pacific to Remain Leading Contributor to Automotive Fuel Delivery and Injection Systems Revenue
Geographically, the market for automotive fuel delivery and injection systems can be segmented into Asia Pacific, North America, and Europe, as well as Rest of the World. In 2014, Europe held the leading position in this market with a share of 35.1%. The formation of low emission zones in various nations in the European Union has compelled automobile manufacturers in this region to invest heavily in fuel delivery and injection systems, leading to high market growth.
Analysts at TMR predict the region to remain the leading contributor to the global market in the near future. However, the growth prospect for automotive fuel delivery and injection systems looks most promising in Asia Pacific. The growing concerns over the emission of exhaust gas have compelled governments in several economies in this region, such as China and India, to implement various norms to curb environmental damages, which is expected to fuel the demand for these systems over the next few years in Asia Pacific.
The opportunity for automotive fuel delivery and injection systems in Europe is expected to rise to US$25.1 bn by 2021, whereas Asia Pacific is likely to register a CAGR of 5.0% during the period from 2015 to 2021.
Immense Popularity of Port Fuel Injection Systems Fuels Demand for them
Direct injection, port fuel injection, throttle body injection, and sequential fuel injection are the main types of automotive fuel delivery and injection systems available across the world. The immense popularity of port fuel injection systems, thanks to their superior air and fuel mixture ratio, low cost, and relatively simple design, has kept their demand way ahead of other systems.
With a revenue of US$17.9 bn, the segment emerged as the market leader in 2014. Between 2015 and 2021, it is likely to rise at a CAGR of 4.80% in terms of revenue by 2021, retaining its leadership.
The leading manufacturers of automotive fuel delivery and injection systems are Denso Corp., Delphi Automotive Plc., Robert Bosch GmbH, and Continental AG. Magneti Marelli S.P.A, Ti Automotive Inc., Hitachi Automotive Systems Ltd., Lucas TVS Ltd., Edelbrock LLC, and MSD Ignition are some of the other prominent players in this market.
This market research study analyzes the automotive fuel delivery and injection systems market on a global level, and provides estimates in terms of revenue (USD billion) from 2015 to 2021. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, the report identifies the significant opportunities for market growth in the next few years. In recent years, there has been an increase in the demand demand for fuel efficient vehicles and emission control in various countries which have shifted the focus of automotive OEMs with more advanced fuel injection systems.
Automotive fuel delivery and injection systems find its application in the vehicles internal combustion engine. The main function of fuel injection systems is to provide the perfect air and fuel mixture ratio to emit less harmful gas and deliver better utilization of fuel. Better utilization of fuel would directly help the user to get better fuel economy. The major opportunities of automotive fuel delivery and injection systems include growing demand of alternate fuel vehicle and fuel injection systems in two-wheeler.
The increasing demand for automobiles due to the increase in disposable income in Asia Pacific is one of the major factors fueling the demand for automotive fuel delivery and injection systems. In addition, increasing government emission norms and erratic fuel prices is also boosting the automotive fuel delivery and injection systems market. Moreover, hybrid and compressed natural gas vehicles also uses fuel delivery and injection systems for injecting hydrogen and compressed natural gas into the vehicles internal combustion engine.
Asia Pacific is one of the most attractive regions for the market of automotive fuel delivery and injection systems market. Demand for fuel efficient vehicles along with emission norms set by the government are the major factors fueling demand for automotive fuel delivery and injection systems. However, Europe is the largest market for automotive fuel delivery and injection systems. The increase in the number of government regulations to emission and set up of Low Emission Zones (LEZs) in the region is boosting growth of this market in Europe.
This report is segmented by vehicle type, fuel type, vehicle Type and geography, and also includes the drivers, restraints, and opportunities (DROs) of the automotive fuel delivery and injection systems market. The study highlights current market trends and provides the forecast from 2015 to 2021. The study also covers the current market scenario for automotive fuel delivery and injection systems market and highlights future trends that would influence demand. By geography, the market has been segmented into: North America, Europe, Asia Pacific, and Rest of the World (RoW). The current market size and forecast till 2021 have been provided in the report.
The automotive fuel delivery and injection systems market has been segmented into four segments based on vehicle type. These include heavy commercial vehicle, light commercial vehicle, passenger vehicle and hybrid vehicle. In addition to this, the market has been segmented into fuel types, gasoline, diesel and alternate fuel vehicles. Along with vehicle type and fuel type segmentation, the market has also been segmented into Vehicle type, which includes port fuel injection, throttle body injection, direct injection and sequential fuel injection. To support the strategic decision making, the report also includes profiling of leading players in the industry, their market share and various strategies adopted by them. The value chain analysis and market attractiveness analysis included in the report provide insight in terms of industry competition.
The report also provides company market share analysis of the various industry participants with business strategies, financial overview, company overview, and recent developments in the field of automotive fuel delivery and injection systems market. Major market participants profiled in this report include Continental AG, Denso Corporation, Robert Bosch, Delphi Automotive PLC, MSD Ignition, Fuel Systems, Inc, and Hitachi Automotive Systems, Ltd among others.
Global automotive fuel delivery and injection systems market has been segmented as:
Automotive Fuel Delivery and Injection Systems Market: By Vehicle Type
- Heavy Commercial Vehicle
- Light Commercial Vehicle
- Passenger Vehicle
- Hybrid Vehicle
Automotive Fuel Delivery and Injection Systems Market: By Fuel Type
- Alternate Fuel
Automotive Fuel Delivery and Injection Systems Market: By Type
- Port Fuel Injection
- Throttle Body Injection
- Direct Injection
- Sequential Fuel Injection
The report provides a cross-sectional analysis of all the above segments with respect to the below mentioned regions:
Automotive Fuel Delivery and Injection Systems Market: By Geography
- North America
- Rest Of Europe
- Asia Pacific
- South Korea
- Rest Of Asia Pacific
- Rest of the World (RoW)
- South America
- Middle East