Automotive Fuel Injection Market 2018
Automotive Fuel Injection Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Automotive Fuel Injection Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Automotive Fuel Injection Market Information Report by Components (ECU, Fuel Injectors, Pressure regulators, Fuel Pumps, Sensors), by Vehicle Type (passenger vehicle and commercial vehicle), by Fuel type (Gasoline, Diesel, Alternative fuel), by Technology Type (Gasoline port injection, Gasoline direct injection, Diesel direct injection) and by Regions – Global Forecast To 2023
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Automotive Fuel Injection – Market Dynamics
The automobile industry has achieved ground breaking development in the past few years. This occurrence, in turn, has created a demand for automotive fuel injection. Market Research Future recently released a report on this market. The report predicted that the global automotive fuel injection market would achieve success at a steady pace during the projection period of 2017-2023.
Automotive fuel injection is a process by which fuel is introduced to an internal combustion engine. The procedure is usually carried out by using a fuel injector. The utilization of this technique can ensure a constant and smoother throttle, and it can also improve the vehicle’s fuel efficiency. Automotive fuel injection can eliminate the need for a mechanical choke. It can also provide additional benefits like increased mileage and reduced carbon emissions.
The study report by Market Research Future states that the market will achieve above average success during the projection period. The global automotive fuel injection market is anticipated to tread forward at a CAGR of 5.75%. On the other hand, the projected monetary conversion rates also look promising.
Strict environmental rules & policies by the government regarding harmful automobile emissions is the main factor that drives the growth of the market. The rising demand for fuel efficiency also supports the expansion of automotive fuel injection market.
Additional factors like increasing annual income, rapidly developing two-wheeler vehicle industry, and the ability of this system to incorporate alternate fuels further foster the progression of the market.
The global automotive fuel injection market has been catergorized on the basis of component types, technology type, vehicle type and fuel type.
By component type – Fuel injectors, sensors, pressure regulators, ECU, and fuel pumps.
By technology type – Gasoline port injection, diesel direct injection, and gasoline direct injection.
By vehicle type – Commercial vehicle and a passenger vehicle.
By fuel type – Alternative fuel, gasoline, and diesel.
Comprehensive Regional Analysis
From a regional point of view, automotive fuel injection market spans across North America, Europe, Middle East & Africa, Asia Pacific and Rest of the World.
According to the assessment by Market Research Future, the Asia Pacific has the edge over the other regions. It has been forecasted that it will tread forward at an impressive CAGR throughout the projection period. Its lead can be attributed to the rapidly advancing automobile market in this region. Countries such as China and India are observing an increase in the buying power of the consumers which further helps the market to expand in this region.
North America and Europe are poised for growth at a stable pace. The market in these regions is exceptionally responsive to the massive after sales demand. Furthermore, the major players of this region are making efforts to devise products & services that meet the stringent vehicle emission laws.
Cartel Fuel Systems, a renowned player in the automotive fuel injection market recently launched 13 new part numbers. The new part numbers consist of one gasoline direct injection mechanical fuel pump, eight fuel pump module assemblies, one fuel pump reservoir and three fuel tank sender assemblies.
Market Players & Key Strategies
Some of the prominent players of this market are Infineon Technologies AG (Germany), Robert Bosch GmbH, Keihin Corporation (Japan), Denso Corporation (Japan), NGK Spark Plug Co., Ltd.(Japan), Carter Fuel System (U.S.) and Delphi Automotive PLC (U.K.).
The global automotive fuel injection market has a highly competitive landscape. To guarantee the smooth working of the businesses the players need to work on improving their product and service offerings. Apart from that they also employ specific proven growth strategies such as merges with other organizations, joint ventures to launch a particular product or service, acquisitions, and investment in research & development activities.
The report for Global Automotive Fuel Injection Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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