Automotive Fuel Systems Market is expected to grow at a CAGR of 4.5% during the next five years, according to a newly added report by Stratview Research. The demand for automotive fuel system is directly influenced by global vehicle production. Stringent regulations regarding carbon emission reductions, fuel-efficiency enhancements, and passenger safety are the primary causes of the shift from conventional gasoline- or diesel-powered vehicles to alternative powertrain technologies. It is estimated that these regulations will also imprint a huge impact on the competitive landscapes on the automotive industry as well as on its components markets including fuel systems.
The report offers detailed insights into relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in five ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period of 2020-2025.
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As per the report, among different vehicle types, passenger car currently dominates the market and is expected to maintain its dominance over the next five years, driven by higher production units of cars than LCVs and MHCVs.
The gasoline direct injection is projected to register the largest share of the market in the coming five years, in the segment of technology type.
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Asia-Pacific is expected to remain the largest market for automotive fuel systems in the coming five years, according to the analyst. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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The report further mentions about the key manufacturing players Continental AG, Delphi Technologies, Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Carter Fuel System, Keihin Corporation, Magneti Marelli S.p.A., NGK Spark Plus Co. Ltd., and Ti Automotive Inc who are emerging fast and their roles in the growing market. It also portraits the important mergers, acquisitions, and other current happenings in the automotive fuel systems market that can be helpful for interested clients in analyzing the market and making the right decisions accordingly.
Salient Features of the Report
The report on Automotive Fuel Systems Market is a well-researched work after analyzing various data from different reliable sources. The report included some of the salient features such as:
- Market structure,
- Market environment analysis,
- Market trend and forecast analysis,
- Market segment trend and forecast,
- Competitive landscape and dynamics,
- Attractive market segments and associated growth opportunities,
- Emerging trends,
- Strategic growth opportunities for the existing and new players,
- Key success factors
About Stratview Research:
Stratview Research is a global research company offering custom research and market research reports for interested clients in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Healthcare & Life Sciences, and Oil & Gas. All the reports generated are based on proper data collected from reliable sources and are scrutinized carefully before releasing so that the interested clients and companies can make the most out of it.
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