What is Fuel Injection System Market Scope?
Fuel injection system is essential to the working and performance of CI engine. This system aids the purpose of initiating and controlling the combustion to meet the demand requirements. Fuel injection systems have a significant impact on the combustion process and play vital role in improving engine fuel consumption and reducing noxious exhaust emissions. Fuel is injected into combustion chamber to the end of compression. Further, it is atomized as it enters under high velocity and the droplets get vaporized to form a fuel-air mixture. Because of continued heat transfer from hot air to fuel, the fuel reaches to its self-ignition temperature to ignite spontaneously initiating combustion. Depending upon the demand requirements the fuel injection system continues to provide the fuel during initial part of combustion.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Fuel Injection System market study is being classified by Type (Direct Fuel Injection Systems, Multipoint Fuel Injection System, Sequential Fuel Injection System and Throttle Body Fuel Injection System), by Application (Two-Wheeler, Passenger Cars, Heavy Vehicles and Others) and major geographies with country level break-up.
Global Fuel Injection System is a fragmented market due to the presence of various players. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Fuel Injection System market throughout the predicted period.
Robert Bosch GmbH (Germany), Denso Corporation (Japan), Delphi Auto Parts (United States), Continental AG (Germany), Hitachi Ltd (Japan), Edelbrock LLC (United States), Magneti Marelli S.p.A. (Italy), Woodward, Inc. (United States), Kinsler Fuel Injection (United States) and Ucal Fuel systems Ltd (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Central Diesel (United States), MTQ Engine Systems (Australia) and Wells Vehicle Electronics (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Fuel Injection System market by Type, Application and Region. On the basis of Type, Direct Fuel Injection Systems are dominating the market in the year 2021 where as Multipoint Fuel Injection System stood as second largest market share.
On the basis of application, Two-Wheeler segment is dominating the market in the year 2021 where as Passenger Cars segment stood as second largest market.
On the basis of geography, the market of Fuel Injection System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
In 2021, Hitachi Ltd acquired GlobalLogic. The acquisition of GlobalLogic will enhance Hitachi Group's ability to deliver on its strategy to promote Social Innovation Business through digital technology to solve the issues faced by customers and society., and 2 October 2020, BorgWarner Inc.announced it has completed its acquisition of Delphi Technologies. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities and scale, creating a leader in electrified propulsion systems that BorgWarner believes is well-positioned to take advantage of future propulsion migration.
On 6 April 2022, Alfa Romeo F1 Team has announced that it will extend its successful partnership Italian automotive supplier Marelli, which has been in place since 2019. Magneti Marelli S.p.A. is an Italian developer and manufacturer of components for the automotive industry.
Influencing Market Trend
- Technological Adaption and Innovation of Fuel Injection Systems
Market Drivers
- Increasing Demand for Two-Wheeled Vehicles and Passenger Cars
- Significant Enhancement in Per Capita Income
Opportunities
- The Growing Demand for Fuel Injection Systems from Emerging Economies Such as China and India
Restraints
- Strict Emission Norms Taken by Government Resulted in Ban on Diesel Cars in Some Countries
Challenges
- Raw Material Prices Fluctuations
Key Target Audience
Manufacturers of fuel injection system, Suppliers of fuel injection system parts, Wholesalers, distributers and retailers of fuel injection system, Automotive industry and Governmental bodies
Customization available in this Study:
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.